Tue, Jun 25 2013, 3:56 PM
Both the MBA and FHFA have published responses to the bill introduced by a bipartisan
group of senators led by Bob Corker (R-TN) and Mark Warner (D-V...
Tue, Jun 25 2013, 3:12 PM
The
Mortgage Bankers Association (MBA) and AllRegs have released a new
index that is designed to capture how the availability of mortgage
credit...
Tue, Jun 25 2013, 1:48 PM
Reuters is reporting that a bill will
be introduced today to abolish the two government sponsored
enterprises (GSEs) Freddie Mac and Fannie Mae ...
Mon, Jun 24 2013, 11:26 AM
Home prices
continue to make substantial gains in most areas of the country with some areas
in California seeing an increase of as much as 3 perc...
Mon, Jun 24 2013, 3:21 PM
The
California Association of Realtors® (C.A.R.) reports that May sales
of bank-owned properties (REO) were at the lowest level since October
2007...
Mon, Jun 24 2013, 3:02 PM
Despite some hurdles foreign buyers
continue to purchase properties in the U.S., accounting for six
percent of existing home sales. The National As...
Fri, Jun 21 2013, 1:36 PM
Modifications
under the HOPE NOW alliance declined significantly in April, due
entirely to a decline in the number of proprietary transactions. ...
Thu, Jun 20 2013, 12:03 PM
Sales of existing homes rose again in
May and prices posted the biggest annual gain in eight years the
National Association of Realtors®
(NAR) s...
Thu, Jun 20 2013, 11:19 AM
The Mortgage Bankers
Association released the fourth of five planned concept papers
which recommend immediate steps the Federal
Housing Finance ...
Thu, Jun 20 2013, 10:32 AM
Builders and suppliers are noting
significant shortages of certain home building materials even though
new home and other construction is describe...
Wed, Jun 19 2013, 12:45 PM
Housing
and Urban Development Secretary Shaun Donovan and four state
attorney's general, John Suthers (Colorado), Pam Bondi (Florida), Tom
Miller (...
Wed, Jun 19 2013, 11:48 AM
The Monitor of the National Mortgage Settlement submitted separate
reports today to the U.S. District Court for the District of Columbia
detailing...
Wed, Jun 19 2013, 9:22 PM
Even
as real estate agents in many parts of the country are decrying the
lack of available homes to sell, RealtyTrac, the California company
that ...
Wed, Jun 19 2013, 8:58 AM
The
rebound in mortgage application volume reported by the Mortgage
Banker's Association (MBA) last week was short lived as both
refinancing an...
Wed, Jun 19 2013, 3:02 PM
Refinancing and
purchases held their respective market shares for closed loans in May
at 58 percent and 42 percent respectively according to Ellie ...
Tue, Jun 18 2013, 10:10 AM
Residential construction starts rose in
May while permitting for new construction was down slightly the U.S. Census
Bureau and the Department of Hou...
Tue, Jun 18 2013, 5:58 PM
Wells Fargo bank held a conference call
on the outlook for the housing market on Tuesday, the first of
several planned for 2013. The bank's econ...
Tue, Jun 18 2013, 5:43 PM
Mortgage rates have risen sharply over
the last month and Freddie Mac , in its monthly Economic and
Housing Market Outlook for June, focuses on w...
Tue, Jun 18 2013, 2:01 PM
Commercial
and multifamily mortgage debt fell by $4.9 billion in the first
quarter of 2013. The total debt in the first quarter was $2.41
trill...
Mon, Jun 17 2013, 11:03 AM
Low
inventories and increasing traffic have unleashed the confidence of
new new home builders the National Association of Home Builders
(NAHB) said...
Fri, Jun 14 2013, 3:29 PM
Americans' confidence in U.S. banks has
rebounded a bit from the low it hit in 2012. Gallop reports that 26
percent of recent survey respondents ...
Fri, Jun 14 2013, 2:38 PM
The American Institute of Architects
(AIA) is seeing an improving market reflected in the size and
amenities Americans now expect in both new home...
Fri, Jun 14 2013, 2:02 PM
The California housing market heated up
a little more in May with resales of houses and condominiums rising
by 8.3 percent from resales in April. ...
Thu, Jun 13 2013, 11:20 AM
RealtyTrac reported
today that an increase in bank repossessions in May boosted
foreclosure activity by 2 percent compared to April when foreclo...
Thu, Jun 13 2013, 5:05 PM
Fannie
Mae's Economic Outlook series continued its 2013 theme "Transition to
'Normal?'" in its June edition saying that four years into an expansio...
Thu, Jun 13 2013, 4:34 PM
The Federal Housing
Finance Agency (FHFA) submitted its 2013 Report to Congress on Thursday. The Report covers the Agency's regulation of
the Fed...
Thu, Jun 13 2013, 4:29 PM
The Consumer Financial Protection Bureau (CFPB) has
launched a new web page which consolidates all of the new mortgages rules
issued this year and t...
Wed, Jun 12 2013, 9:48 AM
The
real story about racial discrimination in housing today, Shaun
Donovan, Secretary of the Department of Housing and Urban Development
(HUD) said...
Wed, Jun 12 2013, 9:07 AM
After a string of dismal weeks during which refinancing activity dropped to its lowest level since November 2011, applications for both refinancing a...
Wed, Jun 12 2013, 3:45 PM
The House Financial
Services Committee held a hearing today titled: "Beyond the GSEs:
Examples of Successful Housing Finance Models without Expli...
Wed, Jun 12 2013, 2:43 PM
Nearly one-half million homeowners
refinanced their mortgages in March according to the Refinance
Report released by the Federal
Housing Financ...
Wed, Jun 12 2013, 2:24 PM
Over three-quarters
of a million homeowners emerged from being underwater on their
mortgages during the first quarter of 2013 and 39 million hous...
Tue, Jun 11 2013, 10:49 AM
Freddie Mac and Fannie Mae reported
aggregate earnings of about $18.7 billion in FY2012, $12.1 billion of
which was earned in the fourth quarter ...
Tue, Jun 11 2013, 4:59 PM
Contrary to the increasingly prevalent argument that the benefits of homeownership
have been overemphasized, a new study by finds that it is still a...
Tue, Jun 11 2013, 4:45 PM
The
Federal Reserve Bank of New York has published a paper by one of its
former visiting scholars that flies in the face of the stated policy
of ...
Mon, Jun 10 2013, 6:54 PM
The immigration reform bill will finally get it's debut on the floor
of the Senate tomorrow with potentially big implications for the Housing
and ...
Mon, Jun 10 2013, 5:57 PM
This
is the second of a two-part summary of the Center for American
Progress (CAP)/National Council of LaRaza paper titled Making
the Mortgage Ma...
Fri, Jun 7 2013, 6:56 PM
The
U.S. Department of Housing and Urban Development ( HUD ) and the U.S.
Department of the Treasury today released the May edition of the
Obama Ad...
Fri, Jun 7 2013, 3:35 PM
The
Center for American Progress (CAP) and the National Council of La
Raza have released a paper, Making
the Mortgage Market Work for American's Fa...
Fri, Jun 7 2013, 1:51 PM
Today's payrolls numbers had a chance to give clear pause to near-term tapering prospects, IF
it had been weak enough. It similarly had a chanc...
Thu, Jun 6 2013, 5:30 PM
Frank Nothaft , Freddie Mac vice president and
chief economist said, "Borrowers continue to strengthen their
fiscal house by taking advantage of nea...
Thu, Jun 6 2013, 3:58 PM
Among
the areas of focus in the most recent edition of Lender Processing
Service's (LPS) Mortgage
Monitor are the metrics
surrounding the market...
Thu, Jun 6 2013, 1:25 PM
Although there was no
information as to precisely what precipitated it, Wells Fargo Bank ,
N.A. has agreed to invest $39 million dollars to help im...
Thu, Jun 6 2013, 1:24 PM
Every
month Fannie Mae releases a report on the results of its most recent
National Housing Survey. The survey, which is conducted by telephone
am...
Thu, Jun 6 2013, 1:22 PM
For the fifth straight month more than
70 percent of U.S. Metropolitan areas are listed as "improving"
by the National Association of Home Builder...
Wed, Jun 5 2013, 12:24 PM
Representative
Darrell Issa (R-CA) is said to have accused the Federal Housing
Administration (FHA) of attempting to bury a $115 shortfall in its
...
Wed, Jun 5 2013, 8:54 AM
There
was another substantial drop in mortgage applications during the week
ended May 31 as rates increased, in some cases to 13 month highs.
Th...
Wed, Jun 5 2013, 3:12 PM
More than 750 builders are in
Washington today, attending the National Association of Home Builders
( NAHB ) annual Legislative Conference. Over ...
Wed, Jun 5 2013, 2:56 PM
The fifth annual report of the State
Regulatory Registry (SRR) shows substantial growth in its National
Mortgage Licensing System ( NMLS ) as that...
Wed, Jun 5 2013, 2:23 PM
Following the success of an
escalation process initiated in February, Fannie Mae is introducing
another website tool to help real estate professiona...
