News

August 6, 2012 11:05 AM
Fortress readies $970 million RMBS tied to some subprime

Fortress Investment Group ($7.45 -0.01%) prepared a $970 million mortgage-backed security tied to some subprime loans originated by a former...

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August 6, 2012 10:49 AM
Fortress readies $970 million RMBS tied to some subprime

Fortress Investment Group ($7.45 -0.01%) prepared a $970 million mortgage-backed security tied to some subprime loans originated by a former...

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August 6, 2012 05:00 AM
Monday Morning Cup of Coffee: CFPB probe widens

 A look at stories across HousingWire's weekend desk, with more coverage to come on bigger issues:

The Consumer Financial Protection Bureau is investigating whether firms such as American International Group...

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August 6, 2012 08:11 AM
Fewest HAMP trials started since program began

Mortgage servicers started just 16,321 three-month Home Affordable Modification Program trials in June, the fewest since the program launched in March 2009, according to an analysis of Treasury Department data.

Over the more than three years of operation, participating...

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August 3, 2012 05:47 PM
Fewest HAMP trials started since program began

Mortgage servicers started just 16,321 three-month Home Affordable Modification Program trials in June, the fewest since the program launched in March 2009, according to an analysis of Treasury Department data.

Over the more than three years of operation, participating...

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August 3, 2012 05:07 PM
New Illinois law increases fees for mortgage licensing

An Illinois law signed Friday will force mortgage companies to pay higher licensing fees. It also charges higher fines to penalize mortgage fraud.

...

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August 3, 2012 05:34 PM
HUD: Modest economic recovery afoot in Miami

The challenges in the Miami housing market are more severe than those in most areas of the nation, but a modest economic recovery in the city is under way, according to findings by the Department of Housing and Urban Development and the Treasury.

Miami...

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August 3, 2012 04:54 PM
HUD: Modest economic recovery afoot in Miami

The challenges in the Miami housing market are more severe than those in most areas of the nation, but a modest economic recovery in the city is under way, according to findings by the Department of Housing and Urban Development and the Treasury.

Miami...

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August 3, 2012 02:11 PM
Obama scorecard shows amount of underwater borrowers shrunk in 1Q

The Obama administration’s latest housing scorecard reflects an improving market, with the number of underwater borrowers falling 5.8% in the first quarter to 11.4 million from 12.1 million the previous quarter.

The administration, citing data from Corelogic...

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August 3, 2012 02:01 PM
HAFA short sales pick up slightly after rules eased

Mortgage servicers completed slightly more short sales under a government-funded program over the last two months after the Treasury Department relaxed rules at the start of the year.

Under the Home Affordable Foreclosure Alternatives program, servicers completed 6,069...

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August 3, 2012 01:39 PM
HAFA short sales pick up slightly after rules eased

Mortgage servicers completed slightly more short sales under a government-funded program over the last two months after the Treasury Department relaxed rules at the start of the year.

Under the Home Affordable Foreclosure Alternatives program, servicers completed 6,069...

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August 3, 2012 01:41 PM
U.S. home prices edge up in May: LPS

U.S. home prices edged up 0.9% from April to May, hitting an average price of $202,000, Lender Processing Services said in its latest Home Price Index report. 

On a year-over-year basis, prices are up 0.4%.

The average price of $202,000 in May is up from...

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August 3, 2012 01:33 PM
U.S. home prices edge up in May: LPS

U.S. home prices edged up 0.9% from April to May, hitting an average price of $202,000, Lender Processing Services said in its latest Home Price Index report. 

On a year-over-year basis, prices are up 0.4%.

The average price of $202,000 in May is up from...

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August 3, 2012 12:13 PM
REIT makes heavy investment in rental properties

Two Harbors ($11.57 -0.109%) made heavy purchases on single-family rental properties during the second quarter, targeting areas that may be...

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August 3, 2012 11:42 AM
REIT makes heavy investment in rental properties

Two Harbors ($11.57 -0.109%) made heavy purchases on single-family rental properties during the second quarter, targeting areas that may be...

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