Fannie Mae offers new suite of HomePath financing

Fannie Mae offers new suite of HomePath financing

Goodbye HomePath Mortgage and HomePath Renovation

CNBC video: Home shortage could be due to real estate agents

Pocket listings drag down inventory?

Happy 4th birthday Dodd-Frank! Everyone hates you

How effective has Dodd-Frank really been?
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News

Growth in rest of 2014 won't make up for record slump in 1Q

Fannie: Expect 1.5% GDP after slowest 1Q since recession
July 23, 2014
Economic growth during the second half of 2014 likely won’t be strong enough to offset the weak activity from the first two quarters of the year, according to Fannie Mae’s Economic & Strategic Research Group.
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Mortgage applications rise 2.4% as roller coaster continues

Refinance share of mortgages reaches four-month high
July 23, 2014
Mortgage applications increased 2.4% from one week earlier, after a series of drops and a few peaks over the last few weeks, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending July 18, 2014.
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Black Knight: Foreclosures hit lowest level since May 2008

Twenty-six months of declines; prepay rate is up
July 23, 2014
The national inventory of loans in foreclosure declined again in June, down 1.5% for the month, almost 36% for the year, making this the 26th consecutive month of declines, Black Knight Financial Services reported.
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Silver Bay Realty prepping $312M rental securitization

Here comes another one
July 22, 2014
Morningstar was the first of the ratings agencies to issue a presale report on the Silver Bay offering and awarded $147.75 million in AAA ratings to the class A tranche.
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Homebuilders to weigh in on mixed 2Q14 earnings

Projections remain positive so far
July 22, 2014
Moving further into second-quarter earnings season, homebuilders are starting to release how they are measuring up in the housing industry, with D.R. Horton next on the list for Wednesday morning.
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Flagstar rebounds, posts income of $25.5M in 2Q14

Income up significantly from net loss of $78.9M in first quarter
July 22, 2014
The company cited improved net interest income and gain on loan sales, increased mortgage rate lock commitments and loan origination volume and a continued focus on expense management as drivers of the income growth.
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Fitch: Housing market getting ready to grow

Expects second half upturn, leading to strong 2015
July 22, 2014
In 2015, new home sales should increase by 20.4% over 2014, according to projections from analysts from Fitch Ratings. Existing home sales are also projected to regain the 5% loss expected in 2014.
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Credit Suisse scores again in second BlackRock RMBS sale

Pool was acquired from UBS in 2008
July 22, 2014
Credit Suisse on Tuesday won two separate bids for a combined $4.4 billion pool of legacy residential mortgage-backed securities sold by BlackRock.
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Altisource acquires Mortgage Builder, expands technology reach

Follows recent Equator acquisition
July 22, 2014
"The addition of Mortgage Builder's loan origination, servicing and electronic document management software enhances Altisource's current portfolio which provides customers with one of the most comprehensive real estate and mortgage lifecycle management platforms and services marketplaces available," William Shepro, CEO of Altisource, said.
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Fannie Mae offers new suite of HomePath financing

Goodbye HomePath Mortgage and HomePath Renovation
July 22, 2014
In the updated selling guide, Fannie Mae announced three financing “flexibilities” for investing in Fannie Mae-owned properties. And here they are.
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