News

May 29, 2012 04:22 PM
CFPB considers small biz input on loan origination proposals

Small businesses met with the Consumer Financial Protection Bureau to share their thoughts on possible changes to how loans are originated.

Among...

Read More
May 29, 2012 06:18 PM
CFPB considers small biz input on loan origination proposals

Small businesses met with the Consumer Financial Protection Bureau to share their thoughts on possible changes to how loans are originated.

Among...

Read More
May 29, 2012 04:26 PM
City law freezes foreclosures in Washington, D.C.

The Washington, D.C., foreclosure system remains frozen 18 months after the city council passed a law that made it possible to void a future filing.

In November 2010, the D.C. city council...

Read More
May 29, 2012 04:32 PM
City law freezes foreclosures in Washington, D.C.

The Washington, D.C., foreclosure system remains frozen 18 months after the city council passed a law that made it possible to void a future filing.

In November 2010, the D.C. city council...

Read More
May 29, 2012 04:24 PM
FHLBank Atlanta offering veterans $15K for mortgage down payment

U.S. military members who are currently serving, or previously served overseas now have the opportunity to obtain up to a $15,000 down payment benefit from new housing programs launched by the Federal Home Loan Bank of Atlanta.

The affordable housing products...

Read More
May 29, 2012 03:07 PM
FHLBank Atlanta offering veterans $15K for mortgage down payment

U.S. military members who are currently serving, or previously served overseas now have the opportunity to obtain up to a $15,000 down payment benefit from new housing programs launched by the Federal Home Loan Bank of Atlanta.

The affordable housing products...

Read More
May 29, 2012 12:48 PM
Massachusetts foreclosures jump 47% annually in April

Foreclosure petitions filed in Massachusetts jumped 47% year-over-year in April, real estate research firm The Warren Group said Tuesday.

While the surge marks three months of increases, the research firm's editorial director Cory Hopkins calls...

Read More
May 29, 2012 12:42 PM
Massachusetts foreclosures jump 47% annually in April

Foreclosure petitions filed in Massachusetts jumped 47% year-over-year in April, real estate research firm The Warren Group said Tuesday.

While the surge marks three months of increases, the research firm's editorial director Cory Hopkins calls...

Read More
May 29, 2012 12:31 PM
Feds expected to loosen QRM down payment requirement

A group of federal regulators will likely lower the proposed 20% down payment requirement for home-loan lenders who wish to avoid holding added credit risk on the securitization of mortgages.

The five federal regulators...

Read More
May 29, 2012 12:11 PM
Feds expected to loosen QRM down payment requirement

A group of federal regulators will likely lower the proposed 20% down payment requirement for home-loan lenders who wish to avoid holding added credit risk on the securitization of mortgages.

The five federal regulators...

Read More
May 29, 2012 09:27 AM
Consumer confidence declines in May

Consumer confidence levels across the nation fell further in May to a four-month low after declining in April as consumers were less positive about current business and labor market conditions.

The Conference Board’s confidence index declined to 64.9 in May from 68.7 in...

Read More
May 29, 2012 09:19 AM
Consumer confidence declines in May

Consumer confidence levels across the nation fell further in May to a four-month low after declining in April as consumers were less positive about current business and labor market conditions.

The Conference Board’s confidence index declined to 64.9 in May from 68.7 in...

Read More
May 29, 2012 09:12 AM
KBW: Commercial real estate vacancy rates trend lower across markets

Vacancy rates in commercial real estate are trending lower and showing signs of stability in metropolitan statistical areas across the nation, according to the latest report from Keefe, Bruyette & Woods.

The research firm put together a first-quarter report...

Read More
May 29, 2012 09:06 AM
FHFA: Average interest rate for 30-year mortgage inches up

The Federal Housing Finance Agency reports the average interest rate on a conventional, 30-year fixed-rate mortgage of $417,000 or less grew 9 basis points to 4.21% in April. 

The interest rate reported by FHFA is determined...

Read More
May 29, 2012 08:10 AM
Case-Shiller home prices decline 2% in Q1 to new post-crisis lows

Home prices nationwide continued to decline in the first quarter of 2012, but at a moderate pace, according to the latest Standard & Poor's/Case-Shiller Home Price Indices. S&P called the drop in prices as hitting "new post-crisis lows."

The national composite...

Read More