News

October 29, 2012 12:09 PM
CoreLogic: Hurricane Sandy threatens damage to 284,000 homes

As Hurricane Sandy pushes through the Northeast, data firm CoreLogic ($23.75 -0.02%) estimates 284,000 properties with an approximate value...

Read More
October 29, 2012 12:17 PM
CoreLogic: Hurricane Sandy threatens damage to 284,000 homes

As Hurricane Sandy pushes through the Northeast, data firm CoreLogic ($23.75 -0.02%) estimates 284,000 properties with an approximate value...

Read More
October 29, 2012 10:15 AM
Foreclosures wipe out $2 trillion in neighborhood equity

During the past few years, properties located next to foreclosures lost an estimated $1.95 trillion in value, according to the Center for Responsible Lending.

The group analyzed data from the U.S. Census, Lender...

Read More
October 29, 2012 09:36 AM
Foreclosures wipe out $2 trillion in neighborhood equity

During the past few years, properties located next to foreclosures lost an estimated $1.95 trillion in value, according to the Center for Responsible Lending.

The group analyzed data from the U.S. Census, Lender...

Read More
October 29, 2012 05:00 AM
Monday Morning Cup of Coffee: Ally ready to offload remaining mortgage assets

Monday Morning Cup of Coffee takes a look at news crossing HousingWire's weekend desk.

 

 

Ally Bank, the subsidiary of Ally Financial Inc., said it's exploring options for offloading the remaining agency mortgage servicing rights in its portfolio...

Read More
October 28, 2012 08:40 PM
Monday Morning Cup of Coffee: Ally ready to offload remaining mortgage assets

Monday Morning Cup of Coffee takes a look at news crossing HousingWire's weekend desk.

 

 

Ally Bank, the subsidiary of Ally Financial Inc., said it's exploring options for offloading the remaining agency mortgage servicing rights in its portfolio...

Read More
October 26, 2012 05:02 PM
Vericrest Financial may get servicing stake in ResCap-Buffett deal

Servicer Vericrest Financial is said to have obtained servicing rights out of the Berkshire Hathaway acquisition of a portfolio of Residential Capital whole loans, sources told HousingWire.

Vericrest Financial...

Read More
October 26, 2012 03:17 PM
Fannie Mae and Freddie Mac may repay Treasury faster

The Federal Housing Finance Agency released projections of the financial performance of Fannie Mae and Freddie Mac, showing both will repay the U.S. Department of Treasury faster than anticipated because of the housing market turnaround....

Read More
October 26, 2012 01:48 PM
National Mortgage Insurance raises $550 million in capital

NMI Holdings Inc. successfully raised $550 million in private capital to launch a new private mortgage insurance company.

Bradley Shuster, chairman, president and CEO of NMI Holdings, raised the capital to launch National Mortgage Insurance Corp. — a...

Read More
October 26, 2012 01:33 PM
National Mortgage Insurance raises $550 million in capital

NMI Holdings Inc. successfully raised $550 million in private capital to launch a new private mortgage insurance company.

Bradley Shuster, chairman, president and CEO of NMI Holdings, raised the capital to launch National Mortgage Insurance Corp. — a...

Read More
October 26, 2012 12:06 PM
Bay State home sales reach highest level in nine quarters

The Bay State, which was once floundering under an influx of foreclosures, is back in recovery mode and recently struck its highest home sales level in nine consecutive quarters.

The Warren Group, which publishes Banker & Tradesman in Massachusetts,...

Read More
October 26, 2012 12:04 PM
Homebuilders need more land as housing recovery continues

While the U.S. housing industry continues to stay positive, obstacles remain in the wake of the next decade, according to Moody’s Investors Service analysts.

In regards to land, companies that turned down inventories quickly and proficiently during the housing bust...

Read More
October 26, 2012 08:51 AM
Annual home prices rebound and rise 2.6%: LPS

Home prices grew 2.6% over last year in August with the average home price hitting $205,000, according to the latest Home Price Index from Lender Processing Services.  

Since the start of this year, prices have edged up 4.6%, suggesting 2012 was in fact the year of a...

Read More
October 26, 2012 08:47 AM
Annual home prices rebound and rise 2.6%: LPS

Home prices grew 2.6% over last year in August with the average home price hitting $205,000, according to the latest Home Price Index from Lender Processing Services.  

Since the start of this year, prices have edged up 4.6%, suggesting 2012 was in fact the year of a...

Read More
October 25, 2012 04:58 PM
Median home price in Phoenix hits four-year high

A steep drop in distressed properties and inventory levels buoyed Phoenix area home prices to levels not seen since 2008, DataQuick reported Thursday.

The median sales price of $155,000 for new and resale Phoenix...

Read More