Wed, Nov 16 2011, 11:48 AM
Executives at Fannie Mae and
Freddie Mac are one step closer to a massive pay cut following a vote by the
House Financial Services Committee to sus...
Wed, Nov 16 2011, 11:22 AM
Freddie Mac and Fannie Mae have released
guidance to their lenders on changes to their loan products occasioned by the
expansion and extension of th...
Wed, Nov 16 2011, 8:19 AM
Mortgage applications volume dropped 10 percent on a
seasonally adjusted basis during the week ended November 11 according to
results of the Mortgag...
Wed, Nov 16 2011, 4:26 PM
After two months of gains the index
measuring builder confidence has reached its highest level in 17 months
according to data released today by th...
Tue, Nov 15 2011, 10:09 AM
Two
George Washington University professors have called current discussions and
proposals to curtail FHA's low down payment loans an overreaction ....
Tue, Nov 15 2011, 2:14 PM
Carol
Galante, FHA's new acting commissioner presented highlights of the agency's
FY2011 Report to Congress in a press briefing on Tuesday, tellin...
Mon, Nov 14 2011, 12:33 PM
If they hold to their original schedule, the Federal Housing
Finance Agency (FHFA) along with Freddie Mac and Fannie Mae, the two government
sponsor...
Mon, Nov 14 2011, 10:56 AM
According to a
recent survey by the National Association of Realtors® (NAR), the typical U.S.
homebuyer spent less and borrowed less
in 2011. Th...
Mon, Nov 14 2011, 4:49 PM
Home prices continued to slide in August, dropping another
0.9 percent according to the Lender Processing Services (LPS) home price index
(HPI). Wi...
Fri, Nov 11 2011, 11:37 AM
Edward J. DeMarco, Acting Director of the Federal
Housing Finance Agency (FHFA) has responded to an announcement from the House
Financial Services...
Thu, Nov 10 2011, 10:00 AM
Foreclosure activity increased in all categories in
October according to the RealtyTrac U.S. Foreclosure Market Report released on
Thursday. There w...
Wed, Nov 9 2011, 12:47 PM
According
to the National Association of Realtors® (NAR) home sales rose in every state during
the third quarter compared to the same period one y...
Wed, Nov 9 2011, 8:49 AM
Lower
Treasury rates sparked an increase in mortgage applications during the week
ended November 4 according to the Mortgage Bankers Association's ...
Wed, Nov 9 2011, 3:38 PM
The House Financial Services
Committee is set to vote on the suspension of compensation packages of top
executives at the two government sponsored e...
Wed, Nov 9 2011, 2:32 PM
Ginnie Mae is touting Fiscal Year
2011 as its "Best Year Ever" with a net income of $1.14 billion, nearly
doubling its $541 million net in 2010.
T...
Tue, Nov 8 2011, 11:03 AM
TransUnion, the national credit
reporting company, says mortgage delinquencies inched up slightly during the
third quarter to 5.88 percent, an inc...
Tue, Nov 8 2011, 3:54 PM
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...
Mon, Nov 7 2011, 10:50 AM
For the second consecutive month the
Home Price Index (HPI) published by CoreLogic posted a decline. The September HPI decreased 1.1 percent com...
Mon, Nov 7 2011, 3:37 PM
The number of homeowners who refinanced
with "cash out" continued to decline in the third quarter according to
information released on Monday by F...
Fri, Nov 4 2011, 11:27 AM
Trepp
has come out with preliminary estimates for third quarter real estate and
business loan delinquencies. While final
reports from banks will n...
Fri, Nov 4 2011, 10:25 AM
Commercial and multifamily mortgage
originations turned sharply upward during the third quarter of 2011, rising 10
percent above levels in the sec...
Thu, Nov 3 2011, 11:59 AM
Freddie Mac will again draw on its Treasury
line of credit following its third quarter results. The government sponsored enterprise (GSE)
release...
Thu, Nov 3 2011, 5:18 PM
The Departments of Treasury and Housing
and Urban Development have released their joint October 2011 Housing
Scorecard . The report is essentially...
Thu, Nov 3 2011, 4:41 PM
Each National Housing Survey
conducted quarterly by Fannie Mae gathers baseline data on attitudes of the
nation's homeowners and renters on home...
Wed, Nov 2 2011, 12:07 PM
The latest Mortgage Monitor report from Lender Processing
Services (LPS) shows a housing market where things are improving slowly, while parts
of ...
Wed, Nov 2 2011, 10:10 AM
The Mortgage Bankers Association (MBA)
has released its Weekly Mortgage Applications Survey for the week ended October
28. MBA's Market Composit...
Wed, Nov 2 2011, 5:18 PM
The Homeowner Vacancy Rate declined slightly in the third
quarter while vacancies rose in rental housing according to information reported
today by ...
Tue, Nov 1 2011, 11:54 AM
Homeowners who believe they were
financially harmed by improper foreclosure procedures now have a new avenue for
relief. Three major federal regu...
Tue, Nov 1 2011, 11:07 AM
Saying that there are no silver
bullets that will solve all the problems facing the housing and mortgage
markets CoreLogic, a
provider of informati...
Tue, Nov 1 2011, 3:14 PM
The Department of Housing and Urban Development
(HUD) and Ginnie Mae have suspended Allied Home Mortgage Corporation , thereby
preventing the compa...
Fri, Oct 28 2011, 12:16 PM
Delaware Attorney General Beau Biden has
sued the Mortgage Electronic Registration system (MERS) the controversial entity
that has been at the hea...
Fri, Oct 28 2011, 11:26 AM
According to the National Association of
Home Builders (NAHB) the remodeling industry has been increasingly impacted by
the state of the nationa...
Fri, Oct 28 2011, 4:40 PM
The Federal Housing Finance Agency (FHFA) with the
assistance of the two government sponsored enterprises (GSEs) for which it has
oversight, has upd...
Thu, Oct 27 2011, 12:21 PM
In a joint press release issued Wednesday
Freddie Mac and the Federal Housing Finance Agency ( FHFA ) announced that three
members of Freddie Ma...
Thu, Oct 27 2011, 12:19 PM
Pending home sales fell for the third
consecutive month in September according to data released today by the National
Association of Realtors ® (N...
Thu, Oct 27 2011, 2:10 PM
The Chairman of the House committee that
has been most active in the proposed dismantling of Freddie Mac and Fannie Mae
has released his proposal to...
Wed, Oct 26 2011, 8:46 AM
Mortgage application volume
bounced back from the previous holiday-shortened reporting period to end the
week of October 21 up almost five percent....
Tue, Oct 25 2011, 1:34 PM
The take-away message from the August S&P/Case-Shiller
Home Price Index (HPI) numbers published today appears to be, it's not as bad
as last year....
Tue, Oct 25 2011, 1:29 PM
The Federal Housing
Finance Agency (FHFA) has released its monthly House Price Index for
August. The index calculates prices paid
to purchase ho...
Mon, Oct 24 2011, 12:07 PM
In advance of a speech in Nevada later
today in which President Obama is expected to expand on the initiative, the
Federal Housing Finance Agency (F...
Fri, Oct 21 2011, 11:23 AM
The
Harvard Joint Center for Housing Studies has released the latest Leading
Indicator of Remodeling Activity (LIRA) designed to estimate national...
Fri, Oct 21 2011, 1:10 PM
When Congress temporarily raised the maximum loan size eligible
for mortgages guaranteed by FHA or by the government sponsored enterprises
(GSEs) Fa...
Thu, Oct 20 2011, 4:10 PM
The seasonal decline in home prices that always proceeds the holidays
and continues through the cold winter months has already begun, appearing
ea...
Thu, Oct 20 2011, 1:15 PM
Existing home sales including single-family
houses, townhouses, condos, and co-ops posted a decline in September according
to data released today b...
Wed, Oct 19 2011, 9:05 AM
Mortgage
applications dropped sharply during the week ended October 14, falling 14.9
percent on both a seasonally adjusted and an unadjusted basis. ...
Wed, Oct 19 2011, 1:33 PM
Privately-owned housing starts in
September rose 15.0 percent above starts in August to a seasonally adjusted annual
rate of 658,000 units. Accordi...
Tue, Oct 18 2011, 11:31 AM
A new plan is on the table in the
seemingly endless parade of negotiations aimed at ending the foreclosure crisis
and resolving the legal impasses o...
Tue, Oct 18 2011, 10:48 AM
Default levels rose in all credit
categories except auto loans in September according to data from S&P
Indices and Experian. The month-to-month
c...
Mon, Oct 17 2011, 1:51 PM
In 2009 seven federal agencies that supervise banks,
credit unions, thrifts, and the Farm Credit System (the regulators) revised the
Interagency Q...
Thu, Oct 13 2011, 11:15 AM
Foreclosure
activity increased during the third quarter of 2011, driven largely by a spike
in early filings in August. Data for September
showed a...