Wed, May 16 2012, 4:18 PM
There were substantial improvements in delinquency rates during the first quarter of 2012 according to the National Delinquency Survey for the perio...
Wed, May 16 2012, 2:09 PM
Small and medium-sized lenders and community banks appear to be closing loans for refinancing faster than their "mega-lender" counterparts accord...
Tue, May 15 2012, 12:16 PM
Housing affordability may be at an all time high according to the quarterly Housing Affordability Index for the first quarter of 2012. The index, is...
Tue, May 15 2012, 11:20 AM
After a bad showing in April the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) has rebounded, hitting its hi...
Tue, May 15 2012, 10:57 AM
The Federal Housing Finance Agency released a draft of its Strategic Plan : Fiscal Years 2013-2017 this morning. The document, which lays out g...
Tue, May 15 2012, 10:31 AM
Delaware Attorney General Beau Biden said recently that the states' attorneys general need to make it clear that the recent $25 billion settlement w...
Mon, May 14 2012, 12:11 PM
Twelve groups, principally trade associations, sent a letter on Friday to the Department of Housing and Urban Development ( HUD ) commenting on a No...
Mon, May 14 2012, 4:20 PM
Homeowners who refinanced through Freddie Mac in the first quarter of 2012 overwhelmingly picked fixed rate loans and 31 percent chose new loans that ...
Mon, May 14 2012, 4:08 PM
Ally Financial , formerly known as GMAC , took its residential lending unit into bankruptcy this morning in federal court in Manhattan. At the same ...
Fri, May 11 2012, 10:36 AM
In remarks scheduled for 3 p.m. in Reno, President Obama will call on Congress to expand mortgage refinancing opportunities as a way to boost the ec...
Fri, May 11 2012, 10:29 AM
Home prices as reflected in the Lender Processing Services Home Price Index ( LPS HPI ) "increased nationally for the first time since March 2010 and ...
Fri, May 11 2012, 10:09 AM
Freddie Mac has picked a former JPMorgan Chase executive as its new chief executive officer. The corporation announced late Thursday that Donald H. ...
Fri, May 11 2012, 1:32 PM
In a press briefing held in advance of President Obama's appearance in Reno, Nevada, Housing and Urban Development (HUD) Secretary Shawn Donovan g...
Thu, May 10 2012, 10:42 AM
This is the second of two parts ( Part 1: Prelude to HARP 3.0 as Donovan Testifies at Senate Hearing ) of a summary of a hearing of the Senate Bank...
Thu, May 10 2012, 1:48 PM
Since the financial crisis banks have made considerable progress in repairing their balance sheets and building capital Federal Reserve Chairman Ben S...
Wed, May 9 2012, 11:39 AM
Freddie Mac said on Tuesday that only 21 percent of homeowners who refinanced during the first quarter took cash out of their homes . During the ...
Wed, May 9 2012, 10:55 AM
Edward J. DeMarco , Acting Director of the Federal Housing Finance Agency (FHFA) told Federal Home Loan Bank (FHLBank) directors yesterday that their ...
Wed, May 9 2012, 9:03 AM
The Mortgage Bankers Association (MBA) said this morning that its Market Composite Index, a measure of loan application volume , rose 1.7 percent on ...
Wed, May 9 2012, 4:16 PM
Home sales in the first quarter of 2012 were the highest seen in any first quarter since 2007 according to data released today by the National Asso...
Wed, May 9 2012, 2:29 PM
Fannie Mae joined Freddie Mac in showing significant improvement in its financial condition during the first quarter of 2012. The company reported t...
Wed, May 9 2012, 2:07 PM
TransUnion said on Tuesday that its National Mortgage Loan Delinquency Rate hit the lowest level in the first quarter of 2012 that it has seen since...
Tue, May 8 2012, 11:02 AM
Mortgage investment Corporation (MGIC) said today that its principal subsidiary, Mortgage Guaranty Insurance Corporation wrote $1.7 billion in new pr...
Tue, May 8 2012, 10:28 AM
House prices reflected in CoreLogic's March Home Price Index which was released today increased on a month-over-month basis for the first time in ne...
Tue, May 8 2012, 10:11 AM
Bank of America is taking the first steps toward fulfilling its obligations under the settlement agreement reached several months again among servic...
Tue, May 8 2012, 9:18 AM
Mortgage Bankers Association (MBA) President and CEO David H. Stevens, speaking at the Association's 2012 National Secondary Market Conference & Expo,...
Tue, May 8 2012, 5:00 PM
Secretary of Housing and Urban Development Shawn Donovan testified before a hearing of the Senate Committee on Banking, Housing, and Urban Affairs o...
Mon, May 7 2012, 11:18 AM
Total loan modifications for the first quarter of 2012 fell 31% from the same quarter in 2011 to 207k, though serious delinquencies fell by 7% accordi...
Mon, May 7 2012, 9:57 AM
Fannie Mae today released its National Housing Survey for the month of April. Respondents were slightly more optimistic about the direction of home p...
Mon, May 7 2012, 4:19 PM
The Government Accountability Office (GAO) said Monday that it now looks as though the Treasury Department could recoup the total value of the assista...
Mon, May 7 2012, 1:41 PM
Members of the House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises were told details Monday of the Federal H...
Mon, May 7 2012, 1:33 PM
The number of housing markets on included in the National Association of Home Builders/First American Improving Markets Index was essentially unchan...
Fri, May 4 2012, 10:56 AM
A paper just published by The Federal Reserve Bank of Boston is bound to generate a lot of comment both inside and outside of the mortgage industry....
Fri, May 4 2012, 6:02 PM
The Administration's Housing Scorecard for April claims progress on both home sales and mortgage delinquencies "but continued fragility overall." D...
Thu, May 3 2012, 9:31 AM
Freddie Mac has reported net income for the first quarter of 2012 of $577 million and comprehensive income of $1.79 billion. The financial report, re...
Wed, May 2 2012, 9:42 AM
The Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey reported this morning that applications for home purchase mortgages inc...
Wed, May 2 2012, 2:25 PM
The March Mortgage Monitor Report from Lender Processing Services (LPS) showed a slight uptick in several measures of foreclosure activity , but over...
Tue, May 1 2012, 11:13 AM
Most measures of foreclosure activity in March remained at February levels but showed significant improvement from one year earlier according to t...
Tue, May 1 2012, 9:30 AM
Another top executive at Freddie Mac has announced his intention to leave the company. Anthony Renzi , the company's executive vice president of Si...
Tue, May 1 2012, 8:05 AM
Mortgage Guaranty Insurance Corporation (MGIC) has settled a suit with the Department of Justice arising out of a claim that it discriminated against...
Tue, May 1 2012, 4:55 PM
Two Democratic members of the House Committee on Oversight and Government Reform fired another salvo in their continuing battle with Federal Housing F...
Mon, Apr 30 2012, 12:49 PM
The RPX Monthly Housing Market Report says that both home sales and home prices increased strongly in the month ended February 16. The RPX Composite ...
Mon, Apr 30 2012, 6:15 PM
Respondents to the April Federal Reserve Senior Lending Officers Survey were asked a series of special questions about residential mortgage lending...
Mon, Apr 30 2012, 1:28 PM
Vacancy rates for both owner-occupied and rental properties dropped to new recent lows in the first quarter of 2012 according to data released by the...
Thu, Apr 26 2012, 10:52 AM
The National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) decreased one point in the first quarter of 2012 to 48 from an upwar...
Thu, Apr 26 2012, 10:15 AM
Pending home sales rose in March to 101.4 on the National Association of Realtors® (NAR) Pending Home Sales Index released this morning. This is a 4...
Thu, Apr 26 2012, 8:11 AM
The frequent reports on foreclosure activity issued by RealtyTrac usually focus on national and state level statistics but a report issued this mornin...
Wed, Apr 25 2012, 10:34 AM
According to Freddie Mac's Monthly Volume Summary for March, the corporations' total mortgage portfolio decreased at an annualized rate of 2.9 per...
Wed, Apr 25 2012, 9:06 AM
Lender Processing Services (LPS) has released an advanced look at data from its March Mortgage Monitor Report due out on May 1. The report provide...
Wed, Apr 25 2012, 9:03 AM
Mortgage interest rates declined to the lowest levels in the history of the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Surve...
Wed, Apr 25 2012, 3:48 PM
Fannie Mae issued guidelines to its servicers today improve the timing and methods of handling pre-foreclosure sales, more commonly known as short ...
