News

May 13, 2013 07:15 AM
New York rebounds on housing, economic front

It's a positive sign when the largest job market in the nation is in the midst of a strong economic recovery. According to the latest data from the Obama Administration, the local New York economy made modest improvement after the 2001 recession....

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May 10, 2013 05:12 PM
New York rebounds on housing, economic front

It's a positive sign when the largest job market in the nation is in the midst of a strong economic recovery. According to the latest data from the Obama Administration, the local New York economy made modest improvement after the 2001 recession....

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May 10, 2013 04:36 PM
JPMorgan Chase introduces new nonagency issue jumbo model

Nonagency jumbo loan originations picked up over the last few years, reaching just under $100 billion in 2012.

Following suit, a reemergence of private-label jumbo securitization is well underway with transactions reaching $3.5 billion in 2012 and up to $5 billion already this year, said...

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May 10, 2013 03:47 PM
JPMorgan Chase introduces new nonagency issue jumbo model

Nonagency jumbo loan originations picked up over the last few years, reaching just under $100 billion in 2012.

Following suit, a reemergence of private-label jumbo securitization is well underway with transactions reaching $3.5 billion in 2012 and up to $5 billion already this year, said...

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May 10, 2013 02:07 PM
Obama Scorecard: Housing headed in right direction

The latest data from the Obama Administration indicates housing is getting back on its feet. However, much like the last scorecard, these numbers are a reminder...

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May 10, 2013 01:48 PM
Obama Scorecard: Housing headed in right direction

The latest data from the Obama Administration indicates housing is getting back on its feet. However, much like the last scorecard, these numbers are a reminder...

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May 10, 2013 01:55 PM
Obama Scorecard details loss mit actions

The Obama Administration’s foreclosure mitigation programs provided relief to millions of distressed borrowers recovering from the housing market over the past four years.

The Making Home Affordable Program has assisted nearly 1.6 million homeowners since its inception in 2009, the Obama...

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May 10, 2013 01:45 PM
Obama Scorecard details loss mit actions

The Obama Administration’s foreclosure mitigation programs provided relief to millions of distressed borrowers recovering from the housing market over the past four years.

The Making Home Affordable Program has assisted nearly 1.6 million homeowners since its inception in 2009, the Obama...

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May 10, 2013 11:56 AM
Twin Cities home prices soar

The Twin Cities metropolitan area, which includes the cities of Minneapolis and St. Paul, continues to see rapid year-over-year home price appreciation as the market experiences a mix of higher listings and more consumers searching for inventory as sellers re-enter the market.

The...

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May 10, 2013 10:13 AM
Bernanke: Homeowners remain shaken, financial oversight improves

With the economy four years beyond the most intense part of the financial crisis, traces of its aftermath remain.

As a result, the Federal Reserve has made efforts by greatly increasing the resources devoted to monitoring the financial markets as well as taking a more...

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May 10, 2013 10:02 AM
Bernanke: Homeowners remain shaken, financial oversight improves

With the economy four years beyond the most intense part of the financial crisis, traces of its aftermath remain.

As a result, the Federal Reserve has made efforts by greatly increasing the resources devoted to monitoring the financial markets as well as taking a more...

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May 9, 2013 04:19 PM
Lower credit scores disappear from housing market: Fed governor

Originations for borrowers with credit scores below 620 mostly disappeared in recent years, eliminating low credit scores from the housing market, Elizabeth Duke, member of the Board of Governors for the Federal Reserve System, said...

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May 9, 2013 04:01 PM
DeMarco targets two approaches for luring private capital

While regulators in Washington agree there's a need to draw private capital back into the market, no consensus has developed on how to do so.

To entice investors, Ed DeMarco, current acting director of the Federal Housing Finance Agency, proposed two broad approaches...

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May 9, 2013 03:03 PM
DeMarco targets two approaches for luring private capital

While regulators in Washington agree there's a need to draw private capital back into the market, no consensus has developed on how to do so.

To entice investors, Ed DeMarco, current acting director of the Federal Housing Finance Agency, proposed two broad approaches...

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May 9, 2013 03:42 PM
Liquidation rates shrink, despite rise in short sales: Morningstar

An industry-wide focus on the rising popularity of short sales may give the impression that properties are being liquidated at a faster pace.

However, Morningstar’s Distressed Inventory Index shows a different story – the total rate of liquidation has actually decreased...

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