News

April 16, 2012 04:12 PM
Citigroup writes off deferred mortgage principal under AG settlement

Citigroup ($50.35 -0.65%) took $370 million in credit losses during the fourth quarter tied directly to principal reduction under the foreclosure...

Read More
April 16, 2012 01:20 PM
Jumbo mortgage troubles beset Two Harbors RMBS plan

Real estate investment trust Two Harbors ($11.52 -0.11%) still intends to acquire jumbo mortgages for a future private-label deal despite...

Read More
April 16, 2012 12:39 PM
Jumbo mortgage troubles beset Two Harbors RMBS plan

Real estate investment trust Two Harbors ($11.52 -0.11%) still intends to acquire jumbo mortgages for a future private-label deal despite...

Read More
April 16, 2012 11:57 AM
Assured Guaranty dismisses Moody's downgrade threat

Assured Guaranty ($23.04 -0.32%) cites recent success in blocking the bond insurer from claims on poorly underwritten mortgages as one reason...

Read More
April 16, 2012 01:11 PM
Assured Guaranty dismisses Moody's downgrade threat

Assured Guaranty ($23.04 -0.32%) cites recent success in blocking the bond insurer from claims on poorly underwritten mortgages as one reason...

Read More
April 16, 2012 11:15 AM
Assured Guaranty dismisses Moody's downgrade threat

Assured Guaranty ($23.04 -0.32%) cites recent success in blocking the bond insurer from claims on poorly underwritten mortgages as one reason...

Read More
April 16, 2012 12:37 PM
Assured Guaranty dismisses Moody's downgrade threat

Assured Guaranty ($23.04 -0.32%) cites recent success in blocking the bond insurer from claims on poorly underwritten mortgages as one reason...

Read More
April 16, 2012 10:56 AM
February home remodeling maintains post-recession high

A measure of home remodeling rose in February for the third straight month as it continues to run counter to other readings of residential construction.

The BuildFax seasonally adjusted index climbed to 2.89 million projects in February data released Monday, gauged...

Read More
April 16, 2012 11:53 AM
February home remodeling maintains post-recession high

A measure of home remodeling rose in February for the third straight month as it continues to run counter to other readings of residential construction.

The BuildFax seasonally adjusted index climbed to 2.89 million projects in February data released Monday, gauged...

Read More
April 16, 2012 10:08 AM
February home remodeling maintains post-recession high

A measure of home remodeling rose in February for the third straight month as it continues to run counter to other readings of residential construction.

The BuildFax seasonally adjusted index climbed to 2.89 million projects in February data released Monday, gauged...

Read More
April 16, 2012 10:54 AM
Builder confidence on the decline: NAHB

Homebuilder confidence in the single-family housing market fell for the first time in seven months during the month of April, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index report.

NAHB says builder...

Read More
April 16, 2012 11:51 AM
Builder confidence on the decline: NAHB

Homebuilder confidence in the single-family housing market fell for the first time in seven months during the month of April, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index report.

NAHB says builder...

Read More
April 16, 2012 10:46 AM
Nonprofit warns foreclosure prevention scams up 60% in 2012

Fraudulent foreclosure prevention providers are coming out of the woodwork to take advantage of today's loss mitigation culture, according to the Homeownership Preservation Foundation.

The nonprofit group, which helps distressed homeowners through the group's HOPE...

Read More
April 16, 2012 08:36 AM
Nonprofit warns foreclosure prevention scams up 60% in 2012

Fraudulent foreclosure prevention providers are coming out of the woodwork to take advantage of today's loss mitigation culture, according to the Homeownership Preservation Foundation.

The nonprofit group, which helps distressed homeowners through the group's HOPE...

Read More
April 16, 2012 08:31 AM
Fitch expects 10% rise in single-family housing starts

Fitch Ratings believes single-family housing starts will increase 10% in 2012, while new home sales will rise 8%, according to the firm's latest U.S. homebuilding update.

Still, the ratings giant sees an erratic homebuilding market after witnessing disappointing results...

Read More