News

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...

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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...

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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...

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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...

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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...

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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...

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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...

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April 16, 2012 07:30 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...

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April 16, 2012 07:27 AM
Citigroup reports $2.9 billion 1Q profit

Citigroup ($50.52 -0.01%) reported first-quarter earnings of $2.93 billion, or 95 cents a share, down 2% from a year earlier when it earned $2.99...

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April 16, 2012 05:15 AM
Monday Morning Cup of Coffee: Bank earnings get into the swing

A look at stories across HousingWire's weekend desk, with more coverage to come on bigger issues:

The earnings season goes into full swing this week, with a number of banks delivering their first-quarter results, including Citigroup ...

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April 15, 2012 08:36 PM
Monday Morning Cup of Coffee: Bank earnings get into the swing

A look at stories across HousingWire's weekend desk, with more coverage to come on bigger issues:

The earnings season goes into full swing this week, with a number of banks delivering their first-quarter results, including Citigroup ...

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April 13, 2012 04:45 PM
Ginnie Mae issuance up 21% from last year

Ginnie Mae issued $29.2 billion in mortgage bonds in March, up roughly 21% from the same month last year.

Ginnie packages Federal Housing Administration and Veterans Affairs home loans into securities and guarantees timely payment of...

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April 13, 2012 04:43 PM
Ginnie Mae issuance up 21% from last year

Ginnie Mae issued $29.2 billion in mortgage bonds in March, up roughly 21% from the same month last year.

Ginnie packages Federal Housing Administration and Veterans Affairs home loans into securities and guarantees timely payment of...

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April 13, 2012 05:32 PM
Rehabilitation vital to REO-to-rental success

Any long-term REO-to-rental strategy will need to adopt extensive refurbishment plans in order to resell the assets.  Further, much of the foreclosed property that financial institutions would look to bulk-sell is currently in need of repair.

Morgan Stanley...

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April 13, 2012 04:15 PM
Rehabilitation vital to REO-to-rental success

Any long-term REO-to-rental strategy will need to adopt extensive refurbishment plans in order to resell the assets.  Further, much of the foreclosed property that financial institutions would look to bulk-sell is currently in need of repair.

Morgan Stanley...

Read More