News
A look at stories across HousingWire's weekend desk, with more coverage to come on bigger issues:
Loans serviced by Bank of America ($13.43...
Fannie Mae and Freddie Mac eased some guidelines for lenders refinancing mortgages, including new relief from buying back the loan, according to an alert sent to lenders.
Beginning...
Fannie Mae and Freddie Mac eased some guidelines for lenders refinancing mortgages, including new relief from buying back the loan, according to an alert sent to lenders.
Beginning...
Basel III is the continuation of a poor record of fundamentally flawed Basel systems, but with more complexity, Thomas Hoenig, director of the Federal Deposit Insurance Corp. said Friday.
Hoening delivered the remark at The American Banker Regulatory Symposium in...
Basel III is the continuation of a poor record of fundamentally flawed Basel systems, but with more complexity, Thomas Hoenig, director of the Federal Deposit Insurance Corp. said Friday.
Hoening delivered the remark at The American Banker Regulatory Symposium in...
The latest stimulus from the Federal Reserve may spur more home sales, just not to the intended buyers.
By buying up $85 billion in Treasurys and agency mortgage-backed...
The latest stimulus from the Federal Reserve may spur more home sales, just not to the intended buyers.
By buying up $85 billion in Treasurys and agency mortgage-backed...
The Treasury Department completed its offering of 636.9 million shares of American International Group stock. It includes 153.8 million shares purchased by AIG for $5 billion, equaling the combined amount of repurchases it made in the past two quarters.
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The Treasury Department completed its offering of 636.9 million shares of American International Group stock. It includes 153.8 million shares purchased by AIG for $5 billion, equaling the combined amount of repurchases it made in the past two quarters.
...
The percentage of delinquent loans tied to commercial mortgage-backed securities declined for the fourth straight month in August, according to Fitch Ratings.
The credit ratings agency found 8.37% of CMBS loans delinquent, down from 8.48% the month...
The percentage of delinquent loans tied to commercial mortgage-backed securities declined for the fourth straight month in August, according to Fitch Ratings.
The credit ratings agency found 8.37% of CMBS loans delinquent, down from 8.48% the month...
The Federal Housing Administration eased some requirements for financing the purchase of condominium units through August 2014, according to a letter sent to lenders Thursday.
The new guidance is effective for all project approvals or reconsiderations submitted for review...
The Federal Housing Administration eased some requirements for financing the purchase of condominium units through August 2014, according to a letter sent to lenders Thursday.
The new guidance is effective for all project approvals or reconsiderations submitted for review...
[[Update 1: Corrects ....share of underwater mortgages declined from 25.2% in 4Q of 2012 to 4Q of 2011]]
The number of underwater borrowers is down from late 2011, but housing is far from on the mend, the Obama Administration said Thursday.
...The 1 millionth Home Affordable Modification Program trial or permanent workout failed in July, according to the latest Treasury Department data released Thursday.
A total of 770,834 borrowers failed to finish either a three-month trial or were determined to not qualify...