Thu, Jun 19 2014, 11:51 AM
As
a rule, it isn't good when economists use words like "sluggish" and "lackluster,"
the very terms that crept into the opening paragraph of Fredd...
Thu, Jun 19 2014, 2:37 PM
A housing industry that remains
focused on originating safe primary mortgages may be overlooking a new purchase
money niche "ready for the tapping...
Wed, Jun 18 2014, 12:29 PM
Information
from the California Association of Realtors (C.A.R.) on Tuesday echoing the
trend if not the absolute numbers of data released last we...
Wed, Jun 18 2014, 12:16 PM
SunTrust Mortgage, has agreed to pay a total of nearly $1 billion to settle
various complaints alleging abuses in mortgage origination, servicing, ...
Wed, Jun 18 2014, 9:00 AM
There was a significant drop in mortgage applications, especially for
refinancing, during the week ended June 13 the Mortgage Bankers Association
...
Tue, Jun 17 2014, 11:19 AM
Building permits were issued in May at a
rate that was 6.4 percent lower than that of April and housing starts also fell. Housing completions were u...
Tue, Jun 17 2014, 5:12 PM
The Department of Housing and Urban
Developments Office of Inspector General (HUD-OIG) has submitted its semi-annual
report of its activities to Con...
Mon, Jun 16 2014, 10:36 AM
The National Association of Home Builders (NAHB)/Wells
Fargo Housing Market Index narrowed the gap with positive territory this month
with a jump o...
Mon, Jun 16 2014, 9:50 AM
Do mortgage lenders and real estate
agents need to form a "truth squad" to combat misconceptions about
homeownership? Freddie Mac's vice presiden...
Mon, Jun 16 2014, 2:24 PM
The House Financial Services Committee
(FSC) Oversight and Investigations Subcommittee appears to be picking up the
pace in its investigation of all...
Fri, Jun 13 2014, 12:42 PM
Sales of new and existing homes in the
previously superheated California market slid again in May. Sales totaled 37,734 houses and condos
statewi...
Fri, Jun 13 2014, 11:25 AM
New homes sales posted a loss in May, erasing the 5 percent gain made in
April. The Mortgage Bankers Association
(MBA) estimated that new single-fa...
Fri, Jun 13 2014, 3:10 PM
A whole generation of young Americans seem to have
adopted a set of priorities quite different from those of their elders. Millennials or Generati...
Thu, Jun 12 2014, 10:57 AM
Lenders, settlement agents, and others who are
affected by the new TILA-RESPA Integrated Disclosures Rule may wish to note the
first in a series of...
Thu, Jun 12 2014, 2:00 PM
The Mortgage Bankers Association is
reporting a net per-loan loss was suffered by those independent mortgage banks and mortgage subsidiaries of
ch...
Wed, Jun 11 2014, 9:58 AM
Mortgage
applications surged by 10.3 percent during the week ended June 6. The Mortgage Bankers Association (MBA) said
its Market Composite Index...
Wed, Jun 11 2014, 3:38 PM
The first quarter 2014 report of the National
Mortgage Licensing System (NMLS) released today states there were 15,246
entities that held a total of...
Tue, Jun 10 2014, 1:32 PM
Foreclosure activity dipped
significantly in May RealtyTrac reported on Tuesday with a decrease of 5
percent in foreclosure filings compared to th...
Tue, Jun 10 2014, 1:12 PM
A bill modifying the definition of
points and fees under the Truth in Lending Act passed the House of
Representatives yesterday on a voice vote.
...
Mon, Jun 9 2014, 12:28 PM
No
matter how the results of Fannie Mae's National Housing Survey for May are
interpreted, it is hard to see them as good short terms news for the...
Mon, Jun 9 2014, 10:48 AM
In November 2012 then Federal Reserve
Board Chairman Ben Bernanke told an audience attending a HOPE Now event in
Atlanta that there were two types o...
Fri, Jun 6 2014, 10:18 AM
Among
Mel Watts first acts as Director of the Federal Housing Finance Agency (FHFA)
in January 2014 was to suspend implementation of increases in...
Thu, Jun 5 2014, 10:53 AM
U.S. homeowners continue to regain
the equity in their homes which was lost in massive amounts during the housing
crisis that began in 2007 and 20...
Thu, Jun 5 2014, 10:45 AM
Mortgage credit was marginally more
available in May than it was in April the Mortgage Bankers Association (MBA) said
today. Its Mortgage Credit Av...
Wed, Jun 4 2014, 8:55 AM
Mortgage application activity retreated again during the
holiday-shortened week ended May 30. The
Mortgage Bankers Association (MBA) said that mo...
Wed, Jun 4 2014, 1:38 PM
The American view of the financial importance
of homeownership and awareness of the sacrifices it can entail appear to be
shifting according to re...
Tue, Jun 3 2014, 11:01 AM
The Census Bureau recently introduced a
new on-line interactive graphic which interprets annual data from the Bureau's Survey
of Construction . Th...
Tue, Jun 3 2014, 10:49 AM
Home prices posted a 26th consecutive month of
year-over-year increases in April on the CoreLogic Home Price Index (HPI) Prices nationwide, includ...
Mon, Jun 2 2014, 2:30 PM
The Census Bureau said today that the
value of all construction put in place in April was up slightly from March and
8.6 percent above totals in A...
Mon, Jun 2 2014, 1:25 PM
According to The Wall Street Journal Wells Fargo Mortgage
is revamping its home equity line of credit loans (HELOCs) to eliminate the
interest ...
Mon, Jun 2 2014, 1:14 PM
Prepayment rates, an indicator of
refinancing activity, increased slightly in April, the second consecutive monthly
increase, as interest rates decl...
Fri, May 30 2014, 12:25 PM
In a poll of 31 property analysts Reuters
news agency found consensus that the growth of house prices in the U.S. has
peaked and that further incr...
Thu, May 29 2014, 10:02 AM
Pending home sales in April rose
above those in the previous period for the second month in a row. The National Association of Realtors® said
that ...
Thu, May 29 2014, 9:51 AM
Data released this morning by RealtyTrac
indicate a more widespread recovery in home prices than has been evident from
other data sources. It is ...
Thu, May 29 2014, 3:19 PM
April
saw a further improvement in late stage foreclosure activity CoreLogic reported
on Thursday. Both completed foreclosures
and the number of p...
Thu, May 29 2014, 1:47 PM
RealtySouth, the largest real estate firm in Alabama, was ordered to pay a
half-million dollar penalty this week for failing to provide consumers w...
Thu, May 29 2014, 1:31 PM
Real estate agents will soon be able
to negotiate terms of a short sale directly with Fannie Mae rather than
communicating through servicers. Thi...
Thu, May 29 2014, 1:25 PM
Refinancing fell from 40 percent of
residential mortgage originations in March to 37 percent in April Ellie Mae
said today. This was the lowest ...
Wed, May 28 2014, 12:02 PM
Freddie Mac's new Multi-Indicator Market
Index (MiMi) continues to show a weak housing market overall. The national MiMi value is flat compared to...
Wed, May 28 2014, 8:48 AM
Despite
interest rates falling to levels last seen almost a year ago, mortgage
application volume retreated slightly after three weeks of iimprove...
Tue, May 27 2014, 12:06 PM
All three home price surveys released this morning showed
prices increased in March, a more moderate improvement than in previous months in
some c...
Fri, May 23 2014, 11:36 AM
The U.S. Census Bureau
and the Department of Housing and Urban Development said today that the sales
of new single family homes in April were at a s...
Thu, May 22 2014, 12:45 PM
Mortgage
banks had what the Mortgage Bankers Association (MBA) termed "respectable"
production profits in 2013 , even though they were dramatically...
Thu, May 22 2014, 11:21 AM
There were stirrings of a spring market
in April as both existing home sales and the inventory of available homes
increased. The National Associati...
Thu, May 22 2014, 10:47 AM
While prepayment rates have plummeted
since last year they did show some signs of life in April Black Knight
Financial Services said today. While...
Wed, May 21 2014, 10:57 AM
Along with a recent rise in bank owned
real estate the foreclosure crisis drags on in the form of increasingly long
timelines for completing the for...
Wed, May 21 2014, 8:47 AM
It was only by a fraction, but mortgage
application activity was up for the third straight time during the week ended
May 16. The Mortgage Banker...
Wed, May 21 2014, 2:20 PM
Federal Reserve officials discussed rate hike procedures at a joint meeting, but agreed the discussion does not signal rate action is coming soon. ...
Tue, May 20 2014, 12:27 PM
It
has been a tough few years for real estate agents but according to information
released by the National Association of Realtors (NAR) that appear...
Tue, May 20 2014, 10:50 AM
There are several interrelated factors
which have led to a recent increase in the number of bank-owned properties (REO)
nationally. While most me...
