News
Move Inc. announced Thursday the acquisition of Doorsteps, a website providing tools and resources to potential homeowners. The acquisition will enable Move to connect consumers with their perfect homes as well as tools, knowledge and professionals needed...
Bond insurer MBIA Insurance Corp., which faced numerous headwinds after insuring mortgage-backed securities, may soon be seized by the Superintendent of New York’s Department of Financial Services, the New York Post claims...
President Barack Obama’s nomination of Rep. Mel Watt, D-N.C., to replace Ed DeMarco at the Federal Housing Finance Agency comes at a time when, interestingly...
President Barack Obama’s nomination of Rep. Mel Watt, D-N.C., to replace Ed DeMarco at the Federal Housing Finance Agency comes at a time when, interestingly...
Ocwen Financial Corp. more than doubled its first-quarter profit as the firm boarded new mortgage servicing rights and drove down costs on delinquencies by working through troubled loans using deeds-in-lieu of foreclosure and loan modifications among other solutions.
By...
Fixed-mortgage rates hovered near record lows this past week, amid weaker than expected first-quarter economic growth, according to Freddie Mac data.
The 30-year, fixed-rate mortgage floated just above its all-time record low, coming in at 3.35%, down from 3.4% last week...
Fixed-mortgage rates hovered near record lows this past week, amid weaker than expected first-quarter economic growth, according to Freddie Mac data.
The 30-year, fixed-rate mortgage floated just above its all-time record low, coming in at 3.35%, down from 3.4% last week...
[Update 1: Clarifies CBO findings]
The Congressional Budget Office released the result of its investigation into the potential costs a widespread mortgage principal reduction program may have on taxpayers' bottom line.
The CBO concludes that, in one scenario, such...
The Federal Open Market Committee said the central bank plans to continue purchasing additional agency mortgage-backed securities to foster a continuing housing recovery while trying to keep unemployment rates down.
The FOMC made that conclusion after members met this...
The Federal Open Market Committee said the central bank plans to continue purchasing additional agency mortgage-backed securities to foster a continuing housing recovery while trying to keep unemployment rates down.
The FOMC made that conclusion after members met this...
Real estate investment trusts picked up tremendous steam in 2012, carrying the momentum into the new year with dozens of REITs filing for initial public offerings in 2013.
Due to positive fundamentals as well as low interest rates, new IPO REITS will continue to develop into the market,...
Real estate investment trusts picked up tremendous steam in 2012, carrying the momentum into the new year with dozens of REITs filing for initial public offerings in 2013.
Due to positive fundamentals as well as low interest rates, new IPO REITS will continue to develop into the market,...
Mortgage bond investors in Fannie Mae and Freddie Mac securities fear the replacement of current acting director Ed DeMarco of the Federal Housing Finance Agency will devestate the secondary market, given the fact that he's held off...
Mortgage bond investors in Fannie Mae and Freddie Mac securities fear the replacement of current acting director Ed DeMarco of the Federal Housing Finance Agency will devestate the secondary market, given the fact that he's held off...
President Obama’s expected pick of Rep. Mel Watt, D-N.C., to replace Ed DeMarco at the Federal Housing Finance Agency would put the regulator on course to rapid...