News

April 29, 2013 04:43 PM
HUD homes add to inventory-starved market

Any homebuyer on the market right now will tell you the crowd of buyers and multiple offers are creating a challenge.

Those in search of distressed homes owned by the U.S. Department of Housing and Urban Development are not immune to this supply-and-demand situation. In...

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April 29, 2013 02:12 PM
Payouts to borrowers harmed by Goldman, Morgan Stanley set to begin

Borrowers potentially harmed by foreclosures initiated by Goldman Sachs through its former Litton Loan Servicing subsidiary and Morgan Stanley through Saxon Mortgage Services will be compensated for their losses in the near...

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April 29, 2013 11:33 AM
New Jersey hardest-hit neighborhoods get aid

HUD Secretary Shaun Donovan and other policymakers on Capitol Hill are continuing their efforts to help homeowners and neighborhoods devastated by the aftermath of super storms. 

Donovan, secretary of the Department of Housing and Urban Development, approved a New...

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April 29, 2013 11:17 AM
New Jersey hardest-hit neighborhoods get aid

HUD Secretary Shaun Donovan and other policymakers on Capitol Hill are continuing their efforts to help homeowners and neighborhoods devastated by the aftermath of super storms. 

Donovan, secretary of the Department of Housing and Urban Development, approved a New...

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April 29, 2013 10:23 AM
Investors face new housing era obstacles

In this new era, trading mortgages has been challenging over the past year for investors due to a number of reasons. 

In particular, massive mortgage-backed securities purchases by the Federal Reserve have impaired liquidity and market depth while...

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April 29, 2013 09:42 AM
Investors face new housing era obstacles

In this new era, trading mortgages has been challenging over the past year for investors due to a number of reasons. 

In particular, massive mortgage-backed securities purchases by the Federal Reserve have impaired liquidity and market depth while...

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April 29, 2013 09:08 AM
Pending home sales continue to climb

After remaining flat in February, pending home sales increased in March, floating above year-ago levels, according to the National Association of Realtors, which...

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April 29, 2013 07:50 AM
LPS: Home prices edge up in February

Home prices in the U.S. rose 1% from January to February and 7.3% from year ago levels, Lender Processing Services said in its February U.S. Home Price Index report.

The average home price in February reached $210,000, a 1.3% improvement from the start of the year and...

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April 29, 2013 05:17 AM
Monday Morning Cup of Coffee: Subprime lending is back

Monday Morning Cup of Coffee is a quick look at the news coming across the HousingWire weekend desk, with more coverage to come on bigger issues.

The Federal Reserve and the Office of the Comptroller of Currency halted the independent national foreclosure review in...

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April 29, 2013 07:26 AM
Lawmakers fight to save financing for manufactured homes

Lawmakers in Washington D.C. are fighting to obtain more financing for manufactured homes, a segment of the market that receives little national attention despite its role in providing affordable housing.

Congressman Stephen Fincher, R-Tenn., along with Reps. Bennie Thompson, D-Miss. and...

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April 26, 2013 02:56 PM
Hardest-hit communities receive funding to rebuild

Policymakers are taking further action to help homeowners and neighborhoods devastated by the aftermath of super storms. 

Shaun Donovan, secretary of the Department of Housing and Urban Development, approved a New York recovery plan that will allot $1.7 billion in...

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April 26, 2013 11:51 AM
Hardest-hit communities receive funding to rebuild

Policymakers are taking further action to help homeowners and neighborhoods devastated by the aftermath of super storms. 

Shaun Donovan, secretary of the Department of Housing and Urban Development, approved a New York recovery plan that will allot $1.7 billion in...

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April 26, 2013 09:23 AM
San Francisco housing market becomes nearly unaffordable

At a recent real estate conference in Dallas, Trulia Chief Economist Jed Kolko discussed how his hometown, San Francisco, was experiencing unreasonably high...

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April 26, 2013 09:10 AM
San Francisco housing market becomes nearly unaffordable

At a recent real estate conference in Dallas, Trulia Chief Economist Jed Kolko discussed how his hometown, San Francisco, was experiencing unreasonably high...

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April 26, 2013 08:29 AM
D.R. Horton profit soars on higher demand

Americans searching for a new home lifted the profitability of D.R. Horton in the second-quarter of fiscal 2013 by as much as 173%.

The dramatic growth showed the underpinnings of a housing recovery that is now sweeping through certain U.S. markets.

...
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