Tue, Sep 6 2011, 9:03 AM
Seventeen banks, dozens of their subsidiaries and over
one hundred bank officers were named as defendants in a lawsuit filed Friday by
the Federal...
Fri, Sep 2 2011, 1:15 PM
The Federal Housing Finance Agency ( FHFA ), conservator
for Freddie Mac and Fannie Mae (the Enterprises) said on Thursday that, while
modifications...
Thu, Sep 1 2011, 3:30 PM
The Departments of Treasury and Housing and Urban Development (HUD)
released the August edition of their Housing Scorecard on Friday which painted
...
Thu, Sep 1 2011, 1:13 PM
The Senate subcommittee on Capital
Markets and Government Sponsored Enterprises will hold a hearing next Wednesday
at 10 a.m. to examine ways in whi...
Wed, Aug 31 2011, 11:58 AM
The Federal Reserve's most recent Senior
Loan Officer Opinion Survey on Bank Lending Practices noted that the demand for
some types of residential ...
Wed, Aug 31 2011, 9:44 AM
A
decline in refinancing pushed the volume of mortgage applications lower during
the week ended August 26 according to the Mortgage Bankers Associat...
Tue, Aug 30 2011, 3:10 PM
Home prices pulled, at least temporarily, out of their
downward spiral according to the S&P/Case-Shiller Home Price Indices (HPI)
released on Tue...
Mon, Aug 29 2011, 11:01 AM
After posting two strong consecutive months, pending home sales fell in July
according to information released Monday by the National Association o...
Mon, Aug 29 2011, 2:31 PM
The Nationwide Mortgage Licensing System and Registry
( NMLS ) has released information on licensed entities as of the first quarter of
2011(March 3...
Thu, Aug 25 2011, 10:10 AM
RealtyTrac,
the Irvine California firm that reports on all things foreclosure said on
Thursday that, while sales of bank-owned real estate and homes...
Wed, Aug 24 2011, 11:33 AM
The Mortgage Bankers Association (MBA) has released its Weekly Mortgage Applications
Survey for the week ending August 19, 2011.
With purchase mo...
Wed, Aug 24 2011, 1:16 PM
The Federal Housing Finance Agency ( FHFA )
has released its seasonally adjusted purchase-only house price index (HPI) for
the second quarter of 2...
Tue, Aug 23 2011, 12:21 PM
Jay Brinkmann, the Mortgage Bankers Association's
(MBA's) Chief Economist, told reporters on Monday that MBA's National
Delinquency Survey (NDS) f...
Tue, Aug 23 2011, 12:16 PM
The sales of new single-family houses fell slightly in July
to a seasonally adjusted annual rate of 298,000. The U.S. Census Bureau and the Depa...
Mon, Aug 22 2011, 12:43 PM
The third quarter is shaping up to
be the best in 2011 from the standpoint of mortgage originations according to
the Mortgage Bankers Association (M...
Thu, Aug 18 2011, 12:17 PM
The National Association of Realtors ®
reported today that existing-home sales in July were down from the previous
month but were significantly h...
Thu, Aug 18 2011, 12:15 PM
The housing boom created a rich climate
for mortgage fraud and while the bust that followed the boom has changed the
nature of the crime, it has pro...
Wed, Aug 17 2011, 11:55 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Application Survey for the week ending August 12, 2010. MBA's Market Co...
Wed, Aug 17 2011, 11:39 AM
Uncertainty and apprehension appear to
be influencing the economy as much as reality according to the latest National
Housing Survey (NHS) condu...
Tue, Aug 16 2011, 11:06 AM
Builder confidence in the housing market
remained unchanged in August according to the National Association of Home
Builders (NAHB)/Wells Fargo Hous...
Tue, Aug 16 2011, 2:03 PM
Housing starts in July fell from June
figures but still came in well ahead of predictions. According to information released by the U.S.
Census Bu...
Thu, Aug 11 2011, 12:16 PM
Foreclosure
activity dropped significantly again in July according to figures released on
Thursday by RealtyTrac, however the Irvine California firm...
Wed, Aug 10 2011, 12:47 PM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending August 5th, 2011.
On May 18th...
Wed, Aug 10 2011, 10:29 AM
Freddie Mac released its second quarter financial statement
on Tuesday and showed dramatically better results than its sister enterprise
Fannie Mae....
Wed, Aug 10 2011, 1:23 PM
Have a bright idea about how the
government can best liquidate the current huge inventory of owned real estate
(REO) currently held by FHA, Fannie M...
Tue, Aug 9 2011, 9:08 AM
The July
edition of the Obama Administration's Housing Scorecard was released on Friday
and continues to broadcast mixed signals as home prices impr...
Mon, Aug 8 2011, 10:50 AM
Fannie Mae posted yet another multi-billion dollar
loss during the second quarter of 2011 according to papers filed with the
Securities and Exchange...
Mon, Aug 8 2011, 10:45 AM
Had the proposed rules defining Qualified Residential
Mortgages (QRM), the loans that would be exempt from the retained risk
requirements of the Dod...
Fri, Aug 5 2011, 12:26 PM
As anticipated, the vacancy rate for rental units
dropped again in the second quarter of 2011 according to the Residential
Vacancies and Homeowner...
Wed, Aug 3 2011, 12:37 PM
Two of housing's major players have weighed
in with comments on proposed standards for mortgage risk retention under the
Dodd-Frank Wall Street Refo...
Wed, Aug 3 2011, 11:04 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending July 29, 2011.
Excerpts fro...
Tue, Aug 2 2011, 1:42 PM
Transparency is critical and today much of the paperwork associated with a mortgage is far too confusing.
Recent government regulations have made ...
Mon, Aug 1 2011, 10:19 AM
The Federal Housing Administration's (FHA's) Mortgagee
Review Board (MRB) has posted the results of formal actions taken against 240
lenders for fai...
Mon, Aug 1 2011, 2:29 PM
Originally published in the August 2011 issue of Asset Securitization Report (www.sourcemedia.com)
I
recently completed the book Reckless
En...
Fri, Jul 29 2011, 10:06 AM
Check out my twice-a-month blog at the STRATMOR Group web site located at www.stratmorgroup.com. The current blog takes a look at QRM and shares d...
Thu, Jul 28 2011, 11:52 AM
Raj Date will replace Elizabeth Warren in her role as
Special Advisor to the Secretary of the Treasury for the Consumer Financial
Protection Bureau ...
Thu, Jul 28 2011, 2:44 PM
Pending real estate sales had
another strong showing in June according to the Pending Home Sales Index (PHSI)
released today by the National Associa...
Thu, Jul 28 2011, 2:15 PM
Almost 85 percent of large cities showed
a decrease in foreclosure activity during the first six months of 2011
according to the Mid-year 2011 Met...
Wed, Jul 27 2011, 10:47 AM
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage
Applications Survey* for the week ending July 22, 2011.
Last week the ...
Wed, Jul 27 2011, 5:01 PM
UBS Americas Inc., several of its
subsidiaries, and four former executive officers were sued Wednesday morning in
U.S. District court for the Southe...
Tue, Jul 26 2011, 12:04 PM
The Census Bureau and Department of Housing and Urban Development have
released New
Residential Sales data for June 2011.
New Residential S...
Tue, Jul 26 2011, 2:31 PM
Home prices in much of the nation
increased in May according to the S&P/Case
Shiller Home Prices Indices (HPI) released on Tuesday. May was the...
Mon, Jul 25 2011, 2:21 PM
Fannie Mae's Economic and Mortgage Market Analysis for
July describes second quarter economic data received so far as "discouraging," and
forec...
Thu, Jul 21 2011, 9:49 AM
I found the timing of this news to be extra interesting. WHY? Because the Consumer Financial Protection Bureau goes live today! Ironic isn't it? ...
Thu, Jul 21 2011, 2:52 PM
There
has been periodic speculation that one factor in the continuing high
unemployment levels is "house lock," or the reluctance of households to ...
Wed, Jul 20 2011, 3:21 PM
An increase in contract cancellations
caused a decline in the sales of existing homes in June. Still, according to the National
Association of Real...
Wed, Jul 20 2011, 1:24 PM
The Mortgage Bankers Association today reported a significant increase in the number of refinance applications taken last week, purchase demand on the...
Tue, Jul 19 2011, 3:57 PM
Driven by a dramatic rise in
multi-family construction, U.S. housing jumped unexpectedly to of an annualized
rate of 629,000 housing units in June. ...
Mon, Jul 18 2011, 2:21 PM
Two press releases that came out on
Monday may point to a new direction for the residential construction market and
perhaps for housing policy.
H...
Fri, Jul 15 2011, 8:55 AM
According to the latest report from the
Mortgage Bankers Association's (MBA) Research Institute for Housing America
(RIHA) the continuing decline in...
