News

May 17, 2013 09:47 AM
Bid list indicates first signs of GSE risk reduction

The Federal Housing Finance Agency plans to sell 5% of the illiquid portion of its retained portfolio assets by the end of the year,...

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May 17, 2013 09:33 AM
Bid list indicates first signs of GSE risk reduction

The Federal Housing Finance Agency plans to sell 5% of the illiquid portion of its retained portfolio assets by the end of the year,...

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May 16, 2013 02:13 PM
Freddie Mac: Housing is the juice of the recovery

Freddie Mac in its latest housing outlook made the claim that housing is the "juice" needed for the economic recovery to fully accelerate.

This is especially true when looking at the potential for building construction to spur economic...

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May 16, 2013 03:57 PM
FHA offers remedies for HECM program headache

Members of the House Financial Services Committee listened with an attentive ear to proposed cures for the Federal Housing Administration’s biggest headache: the reverse mortgage program.

As it stands now, the FHA may have to seek a first-time...

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May 16, 2013 04:21 PM
FHA offers remedies for HECM program headache

Members of the House Financial Services Committee listened with an attentive ear to proposed cures for the Federal Housing Administration’s biggest headache: the reverse mortgage program.

As it stands now, the FHA may have to seek a first-time...

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May 16, 2013 01:08 PM
FHA offers remedies for HECM program headache

Members of the House Financial Services Committee listened with an attentive ear to proposed cures for the Federal Housing Administration’s biggest headache: the reverse mortgage program.

As it stands now, the FHA may have to seek a first-time...

Read More
May 16, 2013 12:50 PM
California continues to gain steam

The California housing market continued to gain steam in April, with both home sales and prices experiencing strong increases due to high demand and tight inventory.

According to the latest data from the California Association of Realtors, the median price surpassed the $...

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May 16, 2013 11:56 AM
Homebuilders left shaken, but opportunities are on the horizon

While the market witnessed softer-than-expected data on all ends of the spectrum Thursday, the housing market continues to deal with conflicting forces.

Weekly jobless claims jumped the most since November this past week, while the Consumer Price Index posted its biggest decline since...

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May 16, 2013 11:36 AM
Homebuilders left shaken, but opportunities are on the horizon

While the market witnessed softer-than-expected data on all ends of the spectrum Thursday, the housing market continues to deal with conflicting forces.

Weekly jobless claims jumped the most since November this past week, while the Consumer Price Index posted its biggest decline since...

Read More
May 16, 2013 09:44 AM
Alabama Supreme Court MERS decision: Attorney guidepost

The highest court in Alabama upheld a lower court opinion that previously validated the ability of Mortgage Electronic Registration Systems to legally assign a mortgage. The decision creates precedent in Alabama, giving MERS a strong legal buffer in the state when similar...

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May 16, 2013 08:58 AM
Fixed-mortgage rates inch higher: Freddie Mac

Fixed-mortgage rates inched higher for the second consecutive week amid signs of stronger consumer spending, Freddie Mac said in a report Thursday.

The 30-year, fixed-rate mortgage came in at 3.51%, up from 3.42% last week, but down from 3.79% last year, Freddie noted in...

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May 16, 2013 08:55 AM
Fixed-mortgage rates inch higher: Freddie Mac

Fixed-mortgage rates inched higher for the second consecutive week amid signs of stronger consumer spending, Freddie Mac said in a report Thursday.

The 30-year, fixed-rate mortgage came in at 3.51%, up from 3.42% last week, but down from 3.79% last year, Freddie noted in...

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May 16, 2013 08:27 AM
Housing outlook brightens as April permits grow

New home starts on private residences dropped significantly from the revised March estimate of 1.02 million units to a seasonally adjusted 853,000 units in April, according to data from the...

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May 15, 2013 03:49 PM
Federal government to keep juicing the GSEs: Compass Point

Fannie Mae and Freddie Mac are likely to remain in conservatorship for the foreseeable future with the agencies filling the Treasury’s coffers, analysts claim.

As long as the housing agencies can turn considerable profit, analysts at Compass Point...

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May 15, 2013 12:58 PM
Hope Now: 245,000 loan mods completed in 1Q

Hope Now, a private alliance of mortgage servicers, insurers and nonprofit counselors, released data showing 245,000 homeowners benefited from permanent loan modifications in the first quarter of 2013.

That is up 20% from an estimated 203,000 modifications in 1Q of 2012...

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