Fri, Jan 20 2012, 11:56 AM
Existing
home sales edged higher for the third consecutive month according to data
released this morning by the National Association of Realtors® ...
Fri, Jan 20 2012, 9:43 AM
The proposed down payment standards
for new mortgages might push 60 percent of potential borrowers into high-cost
loans or out of the housing mark...
Fri, Jan 20 2012, 1:24 PM
Spending
on home improvements and remodeling have shown signs of a rebound and the
Remodeling Futures Program at the Harvard Joint Center for Hous...
Thu, Jan 19 2012, 11:21 AM
Adjustable rate mortgages have lost
much of the popularity they enjoyed in the mid-2000s and Freddie Mac's 28 th
Annual Adjustable-Rate Mortgage S...
Thu, Jan 19 2012, 10:58 AM
Building permits and housing starts in
December were both below levels reported in November 'according to data
released this morning by the Departme...
Wed, Jan 18 2012, 11:29 AM
Home builder confidence rose in January
for the fourth consecutive month as builders saw more buyer traffic and
anticipated higher sales. The Nati...
Wed, Jan 18 2012, 10:19 AM
Mortgage applications jumped 23.1
percent on a seasonally adjusted basis during the week ended January 13,
2012. The increase in the Market
Compo...
Wed, Jan 18 2012, 1:57 PM
"Perspectives on the housing market
depend on where you sit ," according to Freddie Mac's U.S.
Economic and Housing Market Outlook
for January. ...
Tue, Jan 17 2012, 10:16 AM
Bank cards were the only type of
consumer debt to see a decline in defaults during December according to data
released today by S&P Indices and Expe...
Tue, Jan 17 2012, 2:24 PM
The
Appraisal Institute has apparently had enough and has decided to fight back
against what it perceives as unwarranted blame for depressed home...
Tue, Jan 17 2012, 2:15 PM
The Federal Deposit Insurance
Corporation ( FDIC ) has issued a notice of proposed rulemaking (NPR) for
comment. The NPR would require the
lar...
Fri, Jan 13 2012, 12:06 PM
The Chicago Board Options Exchange
(CBOE) will soon permit futures trading in housing through a derivative based
on the Radar Logic Composite Pric...
Fri, Jan 13 2012, 10:35 AM
New York Fed President William Dudley
recently called for broad-based refinancing of performing home mortgages . It wasn't a statement that elicite...
Thu, Jan 12 2012, 10:49 AM
Foreclosure activity hit its lowest level in four years in 2011, decreasing by a third from the previous year according to data released today by Rea...
Wed, Jan 11 2012, 11:14 AM
The Office of Inspector
General ( OIG ) for the Federal Housing Finance Agency ( FHFA ) has released an
assessment of the FHFA's oversight of troub...
Wed, Jan 11 2012, 9:14 AM
There was a slight increase in mortgage
applications during the first week of 2012 according to data released this
morning by the Mortgage Bankers...
Tue, Jan 10 2012, 11:53 AM
HOPE Now, the industry group that
modifies privately held mortgages is on track to complete one million
modifications in 2011 . The alliance of
m...
Tue, Jan 10 2012, 10:34 AM
Two reports on U.S. home prices were released on
Monday. The two, the CoreLogic Home
Price Index (HPI) and the Clear Capital Home Data Index (HDI)...
Tue, Jan 10 2012, 10:05 AM
The Consumer Financial Protection Bureau
(CFPB) is now accepting mortgage complaints from consumers who have experienced
problems across the spectru...
Tue, Jan 10 2012, 5:47 PM
The President and Chief Executive Officer of Fannie Mae, Michael J. Williams has announced his intention to resign. Williams, who has held the dual...
Mon, Jan 9 2012, 11:40 AM
The list of housing markets demonstrating
improvement on a trio of housing-related measures took a big jump in January,
rising to 76 cities from 4...
Mon, Jan 9 2012, 11:30 AM
Federal Reserve Board Governor Sarah
Bloom Raskin told a law school group on Friday that the judicial morass arising
out of the mortgage crisis , ...
Mon, Jan 9 2012, 9:36 AM
Freddie Mac gave unemployed homeowners who
are struggling to pay mortgages owned or guaranteed by the company a break on
Friday when it eased its t...
Mon, Jan 9 2012, 3:32 PM
The Departments of Treasury and Housing
and Urban Development have released their joint December 2011 Housing
Scorecard . The report is essentiall...
Mon, Jan 9 2012, 1:32 PM
Americans are feeling better about the economy
according to results from Fannie Mae's December Housing Survey released by the
company this morning...
Fri, Jan 6 2012, 8:51 AM
The Mortgage Bankers Association
released a response late Thursday to a
white paper submitted to Congress the previous day by the Federal Reserve....
Fri, Jan 6 2012, 5:58 PM
The latest Mortgage Monitor report released by Lender Processing Services, Inc.
(LPS) presents the kind of mixed message that is now commonplace amon...
Fri, Jan 6 2012, 1:37 PM
In remarks prepared for delivery to the
New Jersey Bankers Association Economic Forum on Friday, Federal Reserve Bank
of New York President and Chi...
Thu, Jan 5 2012, 4:06 PM
Holes are being filled in the story of the controversial appointment of Rich Cordray as director of the new Consumer Financial Protection Bureau (CFPB...
Wed, Jan 4 2012, 11:09 AM
The Office of Comptroller of the
Currency (OCC) is rolling out its first public service announcements to alert
consumers about the Independent Fore...
Wed, Jan 4 2012, 10:27 AM
As part of the temporary resolution to the recent battle over the Tax Cut Extension that took place in the last weeks of December, Congress decided ...
Wed, Jan 4 2012, 9:48 AM
The Mortgage Bankers Association
released an abbreviated report Wednesday on mortgage activity over the two week
Christmas and New Year's holiday ...
Wed, Jan 4 2012, 5:41 PM
In a letter to the chairs and ranking members of the
Senate Banking and House Financial Services Committees on Wednesday, Federal Reserve
Chairman B...
Tue, Jan 3 2012, 11:58 AM
The
major private mortgage insurers wrote 25,074 new policies in November against
27,970 applications received for coverage.
According to the mont...
Thu, Dec 29 2011, 4:23 PM
The National Association of Realtors® (NAR)
announced on Thursday that pending home sales in November reached the highest
levels seen in 19 months. ...
Tue, Dec 27 2011, 1:11 PM
While home prices continued to decline in October, the
S&P/Case-Shiller Home Price Indices released on Tuesday indicate that the
downward trend ma...
Fri, Dec 23 2011, 10:14 AM
New homes sales in November rose to a seasonally adjusted annual rate of 315,000 according to data released today by the Census Bureau and the Depart...
Thu, Dec 22 2011, 11:34 AM
The value of U.S. residential units
continued to decline in October and is now down almost 20 percent from the
levels reached at the peak of the hou...
Thu, Dec 22 2011, 11:26 AM
Assistant
U.S. Attorney General Thomas E. Perez condemned the lending practices of the
former Countrywide Financial Corporation while announcing a...
Wed, Dec 21 2011, 12:49 PM
Existing home sales rose 4.0 percent in
November to a seasonally adjusted annual rate of 4.42 million homes, up from
4.25 million in October accord...
Wed, Dec 21 2011, 12:15 PM
As the National Association of Realtors®
(NAR) first announced last week, its periodic rebenchmarking of existing home
sales data uncovered some p...
Wed, Dec 21 2011, 11:27 AM
The Mortgage Bankers Association (MBA) has demonstrated again that the
public's perception of the real estate market depends on which side of the
cl...
Wed, Dec 21 2011, 9:05 AM
The
Mortgage Bankers Association's (MBA) Market Composite Index decreased 2.6
percent on a seasonally adjusted basis during the week ended December ...
Wed, Dec 21 2011, 4:04 PM
According to data reported on Wednesday
by CoreLogic, the residential shadow inventory as of October stood at 1.6
million housing units, a supply ...
Wed, Dec 21 2011, 3:59 PM
The Office of Comptroller of the
Currency released its Quarterly Mortgage Metrics Report on Wednesday showing
that delinquencies among mortgages ser...
Tue, Dec 20 2011, 10:15 AM
Building permits issued in November were
up 5.7 percent from the number issued in October according to joint data
released this morning by the U....
Mon, Dec 19 2011, 12:53 PM
While the full Mortgage Monitor report won't
be available until January, Lender Processing Services has released some
highlights for its November mo...
Mon, Dec 19 2011, 11:04 AM
Another shoe dropped last week as the Nevada attorney general brought suit
against Lender Processing Services , DOCX, LPS Default Solutions and othe...
Mon, Dec 19 2011, 10:03 AM
Homebuilders are more optimistic than they've been about single-family home sales in a year and a half according to a report released today by the Na...
Fri, Dec 16 2011, 12:12 PM
Six
former top executives of Fannie Mae and Freddie Mac were charged with securities
fraud Friday morning in connection with mortgage backed s...
