Thu, May 7 2015, 3:57 PM
Fannie Mae said on Thursday that while
the results of its April National Housing Survey showed some improvement in housing
sentiment, it was "likely...
Thu, May 7 2015, 3:49 PM
Both
government sponsored enterprises (GSEs) reported profitable first quarter
financial results for the first quarter.
Both will pay a dividend...
Wed, May 6 2015, 10:58 AM
Applications for refinancing cratered last week, reaching their lowest
level in four months according to the Mortgage Bankers Association's (MBA's) W...
Wed, May 6 2015, 4:58 PM
Six federal regulators recently issued a final rule setting requirements for
state registration and supervision of appraisal management companies (A...
Wed, May 6 2015, 1:40 PM
About one in 10 American adults have
no credit history according to a report from the Consumer Financial Protection
Bureau, a total of 26 million ...
Tue, May 5 2015, 11:52 AM
Nationwide
home prices are now within 10 percent of their pre-crash peaks and seven states
have surpassed those peaks, some have been establishing...
Tue, May 5 2015, 6:17 PM
Given how critical first-time homebuyers are
to the housing system the Urban Institute says it is important to accurately
measure how present they...
Mon, May 4 2015, 3:45 PM
After looking at housing booms and busts in 20 countries,
three economists have concluded that the likelihood of a boom ended in a
housing market cy...
Mon, May 4 2015, 2:34 PM
Black Knight's
Mortgage Monitor report for May took
a close look at complaint trends lodged with the Consumer Financial Protection
Agency (CFPB)....
Fri, May 1 2015, 11:38 AM
The
first quarter of 2015 was the third in a row that more than half of the
refinances funded through Freddie Mac were cash out transactions. Th...
Fri, May 1 2015, 11:00 AM
Total construction spending fell in March from February
levels and remained only slightly higher than one year earlier the Census
Bureau said today....
Thu, Apr 30 2015, 2:32 PM
The Federal Housing Finance Agency reports that the two
government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac might
together require g...
Thu, Apr 30 2015, 2:11 PM
Remember 2010-2011 and the daily revelations about robosigning ?
Behind the shortcuts taken by servicers
in processing foreclosure documents (some...
Wed, Apr 29 2015, 10:16 AM
Momentum appears to be building toward a
healthy spring market according to data released today on March pending home sales. The National Associat...
Wed, Apr 29 2015, 8:28 AM
A modest uptick in purchase mortgage applications during the week ended
April 24 was insufficient to offset a sizable drop in refinancing. The Mor...
Tue, Apr 28 2015, 10:30 AM
While CoreLogic says February is typically
a month in which distressed sales post a seasonal decline, real-estate owned
(REO) and short sales this p...
Tue, Apr 28 2015, 10:27 AM
S&P Dow Jones called February increases as measured by its
Case-Shiller Home Price Indices "widespread." The National Home Price Index
which covers ...
Tue, Apr 28 2015, 4:58 PM
Homeownership rates continued to fall during the first
quarter of 2015 while vacancy rates were stable in the short term. The Census Bureau said tod...
Mon, Apr 27 2015, 10:59 AM
Although a press release last week about a Gallup
survey showed Americans view real estate as a better long term investment
than stocks, gold, s...
Mon, Apr 27 2015, 3:15 PM
U.S. home
prices were up 0.7 percent from January to February according to the Home Price
Index (HPI) report released by Black Knight Financial Se...
Sat, Apr 25 2015, 5:01 PM
Many lenders are watching this battle of industry frustration from the sidelines: Quicken vs. the DOJ, and vice versa . Prior to the government suing...
Fri, Apr 24 2015, 12:27 PM
Lenders appear at least moderately encouraged by new efforts
on the part of Fannie Mae and FHA to lower the costs and increase the
availability of...
Fri, Apr 24 2015, 10:57 AM
Apparently all is forgiven and forgotten and Americans are
again embracing real estate as more than just shelter. For the second year in a row a G...
Fri, Apr 24 2015, 5:09 PM
The Department of Housing and Urban Development (HUD) is
tweaking its bulk loan sales program to give distressed borrowers a better shot
at staying ...
Thu, Apr 23 2015, 10:20 AM
Freddie Mac's Multi-Indicator Market Index (MiMi) for
February shows that the U.S. housing market continues to stabilize and has
recovered from a ...
Thu, Apr 23 2015, 10:17 AM
Home prices nationally are now within 3 percent of the peak
they reached in March 2007. The Federal
Housing Finance Agency (FHFA) released its pu...
Thu, Apr 23 2015, 9:59 AM
Seeing opportunity from the inevitable
flood of aging baby boomers, Wells Fargo has announced formation of a new
specialty business group focused on...
Thu, Apr 23 2015, 2:32 PM
A
second company has now reported a recent increase in the number of underwater residential
properties in the U.S. Last month
Corelogic said tha...
Thu, Apr 23 2015, 2:25 PM
New home sales settled down a bit in March after a dramatic
surge in the Northeast in February that drove national sales figures up nearly
8 perce...
Wed, Apr 22 2015, 11:40 AM
The spring housing market blasted in across the county last
month and existing home sales jumped 6.1 percent from the February level to the
highes...
Wed, Apr 22 2015, 9:11 AM
Borrowers responded to some of the lowest interest rates in several
months by stepping up applications for mortgage financing. The Mortgage Bankers ...
Mon, Apr 20 2015, 10:07 AM
Changes to Fannie Mae and Freddie Mac's fee structure were announced by the
Federal Housing Finance Agency (FHFA) on Friday. But in the words of Th...
Mon, Apr 20 2015, 3:06 PM
There are 9.3 million former homeowners who were displaced
by foreclosures, short sales, and deeds in lieu of foreclosure between 2006 and
2014. Do...
Thu, Apr 16 2015, 11:58 AM
The rate of permitting for construction of single family
housing and residential construction completions were both down in March, Housing
starts ...
Thu, Apr 16 2015, 10:42 AM
Foreclosure activity increased by 20 percent in
March compared to February and was up 4 percent from a year earlier. RealtyTrac, in its combined M...
Thu, Apr 16 2015, 10:35 AM
The House of Representatives has passed a bill which would
amend the Truth in Lending Act (TILA) in respect to the way lenders compute and
disclos...
Wed, Apr 15 2015, 12:43 PM
The index measuring building confidence in the market for
new single family homes stopped its three month slide in April, jumping four
points from...
Wed, Apr 15 2015, 9:23 AM
Applications for purchase mortgages have ended three straight weeks in
which their volume increased an average of 6 percent. The Mortgage Bankers As...
Tue, Apr 14 2015, 11:30 AM
While activity related to distressed mortgage
loans continues to grind its way back to normal levels, CoreLogic says that 17
of the 25 judicial fo...
Tue, Apr 14 2015, 4:03 PM
First-time homebuyers seeking to buy a house through Fannie
Mae's HomePath ® program can
receive a significant hand-up from a new program the com...
Mon, Apr 13 2015, 4:25 PM
There are
risks involved in doing nothing two economists contend, referring to the
Federal Reserve's signal at its March Open Market Committee (FOMC...
Mon, Apr 13 2015, 3:07 PM
New Day Financial LLC has settled with
mortgage regulators in 43 states over allegations they helped employees with
some major cribbing on critica...
Fri, Apr 10 2015, 10:36 AM
In its Economic and Housing Outlook
for April Freddie Mac's economists point out that the spring homebuying season has
become familiar territory. ...
Fri, Apr 10 2015, 10:26 AM
Sales of new homes appeared to have surged in March. According to the Mortgage Bankers Association
(MBA) mortgage applications for new home purchase...
Fri, Apr 10 2015, 4:59 PM
This story can be adequately summed up with the internet meme: ' facepalm .'
Yet another ethically challenged lender is going to pay for implying a ...
Thu, Apr 9 2015, 10:53 AM
The percentage of all-cash home sale
transactions declined for the 25 th consecutive month in January,
falling to a 38.9 percent share.
CoreL...
Thu, Apr 9 2015, 10:49 AM
Among the most
contentious issues at the Federal Housing Finance Agency (FHFA) when Edward J. DeMarco
was its acting director was his refusal to a...
Wed, Apr 8 2015, 8:59 AM
A healthy increase in purchase mortgage applications last week was met
with shrinking refinance activity leaving the Mortgage Bankers Association's...
Wed, Apr 8 2015, 3:50 PM
If data from Fannie Mae's March National Housing Survey is
any indication, consumers seem to have grown a bit uneasy as many of the positive
respo...
Wed, Apr 8 2015, 3:43 PM
Home prices including
distressed sales increased again in February on both a monthly and an annual
basis CoreLogic said on Tuesday. Its nationwid...