Fri, Apr 26 2013, 10:53 AM
Flipping over to the non-agency sector, uh oh: is the demand for "private label," nongovernment-backed residential mortgage securities dropping, or ...
Thu, Apr 25 2013, 11:12 AM
Freddie Mac reported this morning that its Total Mortgage Portfolio increased by 4.0 percent in March to an ending balance of $1.95 trillion . The...
Thu, Apr 25 2013, 9:48 AM
Zillow® said today there are signs that the rapid appreciation of home values that has been evident for some months is moderating . The company's ...
Thu, Apr 25 2013, 4:15 PM
The House Ways and Means Committee heard a wide variety of opinions today at a hearing on housing tax incentives . Representatives of the housing, b...
Thu, Apr 25 2013, 2:13 PM
CoreLogic, an Irvine, California based provider of property information, analytics and services, announced today that it had acquired Case-Shiller f...
Wed, Apr 24 2013, 12:28 PM
In its Quarterly Report submitted to Congress on Wednesday, the Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP...
Wed, Apr 24 2013, 11:02 AM
Was the dramatic deleveraging of American households during the financial crisis solely the result of charge offs and defaults or were there other f...
Wed, Apr 24 2013, 8:19 AM
Mortgage applications for both home purchases and refinancing increased slightly in what was essentially a lackadaisical week that ended April 19. ...
Wed, Apr 24 2013, 2:20 PM
A new survey conducted by United States Appraisals found a majority of appraisers are at least somewhat bullish on the current housing market. Over 5...
Wed, Apr 24 2013, 1:23 PM
In an attempt to increase public knowledge about the availability of the Home Affordable Refinance Program (HARP) which has just been extended for an...
Tue, Apr 23 2013, 11:37 AM
All of the housing metrics released today by Lender Processing Services (LPS) showed movement in a positive direction . LPS generally provides a "f...
Tue, Apr 23 2013, 11:08 AM
New home sales increased to 417,000 units on a seasonally adjusted annual basis in March. This was a 1.5 percent increase from the revised estimate...
Tue, Apr 23 2013, 9:50 AM
U.S. house prices rose 0.7
percent from January to February according to data released this morning by the
Federal Housing Finance Agency (FHFA).
...
Tue, Apr 23 2013, 9:40 AM
Jeb Hensarling (R-TX), Chairman of the House Financial Services Committee announced yesterday that the committee would not be accepting testimony fr...
Mon, Apr 22 2013, 11:09 AM
Despite the beginning of the traditionally busy spring market, existing home sales declined slightly in March , owing primarily to continuing tight i...
Mon, Apr 22 2013, 4:02 PM
After what it called years of tenuous signals indicating that the housing recovery was underway Standard & Poor's (S&P) Ratings Service say this ti...
Mon, Apr 22 2013, 1:34 PM
Last week the Consumer Financial Protection Bureau (CFPB) issued proposed clarifications to one of its 2013 Finals Rules , the one applying to servic...
Fri, Apr 19 2013, 1:13 PM
The median price of a home in California
shot up in March to $313,000 from 289,000 in February, a one-month increase of
8.3 percent . The spike ...
Thu, Apr 18 2013, 12:55 PM
Edward J. DeMarco, Acting Director of
the Federal Housing Finance Agency (FHFA) appeared before the Senate Banking
Committee today. According to hi...
Thu, Apr 18 2013, 3:58 PM
Fannie Mae's economists note that
economic growth was very choppy during the second half of 2012 because of
inventory swings and the same is expecte...
Thu, Apr 18 2013, 3:03 PM
The Consumer Finance Protection Agency
( CFPB ) has released a report highlighting problems with what it called " senior
designation " credentials. ...
Thu, Apr 18 2013, 2:33 PM
Gallup said today that more than half of
Americans expect average home prices in their local area to increase over the
next year. Fifty-one per...
Wed, Apr 17 2013, 12:28 PM
Bank of America (BOA)
reported net income in the first quarter of 2013 of $2.6 billion or $0.20 per
diluted share, up from net income of $653 millio...
Wed, Apr 17 2013, 11:21 AM
Wells Fargo Bank's
Economics Group has issued commentary on housing which updates
concerns it says it has raised over the past few month "that the ...
Wed, Apr 17 2013, 8:24 AM
Mortgage applications for both
purchasing a home and refinancing one increased during the week ended April
12. The Mortgage Bankers Association
...
Wed, Apr 17 2013, 5:29 PM
Freddie Mac's economists advise readers of its April Economic
and Housing Outlook to look at employment growth over the past few months
rather t...
Wed, Apr 17 2013, 1:05 PM
Real estate loans for multi-family
properties led all commercial and multi-family loan originations in 2012
according to the Mortgage Bankers Ass...
Tue, Apr 16 2013, 12:49 PM
The U.S. Census Bureau released two
housing market briefs on Tuesday, both the results of data collected from the
American Community Survey. Renta...
Tue, Apr 16 2013, 12:24 PM
The
Consumer Financial Protection Bureau (CFPB) has released a set of clarifying
and technical amendments to one of the several rules it released in...
Tue, Apr 16 2013, 10:32 AM
Building permits were issued in March at a seasonally
adjusted rate that was 3.9 percent lower than in February but 17.3 percent
higher than one y...
Tue, Apr 16 2013, 4:42 PM
The Equifax March National Consumer
Credit Trends Report presents more evidence that the home finance related
credit picture is improving rapidly....
Tue, Apr 16 2013, 4:40 PM
Most of the S&P/Experian Consumer
Credit Default Indices fell in March.
The national composite default index and both first and second mortgage
...
Mon, Apr 15 2013, 11:22 AM
Despite a revival of demand for new homes, builders are
facing constraints that are eroding their confidence in the market for new
single family h...
Mon, Apr 15 2013, 3:58 PM
A sudden surge in single family home
prices in California coupled with flat sales are both attributed by the
California Association of Realtors® (...
Fri, Apr 12 2013, 11:03 AM
The Federal Housing Finance Agency (FHFA) has announced that Fred
C. Graham will become Deputy Director of the Division of Federal Home Loan Bank
...
Fri, Apr 12 2013, 11:02 AM
Wells Fargo beat analysts' expectations
and brought in record high earnings for the first quarter of 2013 even though
its mortgage earnings decline...
Thu, Apr 11 2013, 9:28 AM
Mortgage
loan modifications completed through HOPE
NOW , the voluntary, private sector alliance of mortgage servicers, investors,
mortgage insurer...
Thu, Apr 11 2013, 9:12 AM
Legal filings related to foreclosure
declined both in March and in the entire first quarter compared to previous
periods RealtyTrac said today. T...
Thu, Apr 11 2013, 1:15 PM
The Home Affordable Refinance Program
(HARP) has been extended for two years beyond its scheduled expiration on
December 31. The Federal Housing F...
Wed, Apr 10 2013, 12:08 PM
The Lender Processing Service (LPS)
February Mortgage Monitor found that
loan prepayment rates, historically a good indicator of refinancing activ...
Wed, Apr 10 2013, 11:58 AM
In response to a recent remark by
Attorney General Eric H. Holder, Jr., Senator Bernie Sanders (I-VT) has
introduced Senate legislation aimed at ...
Wed, Apr 10 2013, 8:40 AM
Applications for government-backed
mortgages dropped significantly during the week ended April 5, but mortgage
activity in other sectors was stro...
Wed, Apr 10 2013, 5:31 PM
Donovan declined to speculate about
the likelihood FHA would need to draw on Treasury funds to correct the deficit
in its Mortgage Insurance Fund ...
Wed, Apr 10 2013, 2:49 PM
The House Financial Services
Subcommittee heard testimony today from housing industry leaders on
congressional efforts to reform the Federal Housin...
Tue, Apr 9 2013, 11:25 AM
Two consumer advocacy groups have outlined how state
lawmakers can bolster safeguards to prevent unnecessary foreclosures . The Center for Responsi...
Tue, Apr 9 2013, 10:00 AM
Federal Reserve Chairman Ben Bernanke , speaking
at a Federal Reserve Bank of Atlanta sponsored conference on Monday said that
the use by the Fed o...
Tue, Apr 9 2013, 5:31 PM
Freddie Mac and Fannie Mae (the GSEs) refinanced a total of 97,589 mortgages through the Home Affordable Refinance Program ( HARP ) in January compa...
Tue, Apr 9 2013, 3:07 PM
Fannie Mae's Servicer Total Achievement
and Rewards Program (STAR) hit a new milestone in 2012. For the first time since the award was initiated
in...
Tue, Apr 9 2013, 2:26 PM
Homeowner beneficiaries of the recent
settlement agreement made by the Comptroller of the Currency (OCC) and the Federal
Reserve Board with 13 mortg...
Mon, Apr 8 2013, 11:23 AM
Americans' attitudes toward most key
housing measures remained stable between February and March. The National Housing Survey conducted monthly
b...
