News
[Update 1: Clarifies increase in share of conventional loans.]
A growing percentage of conventional, fixed-rate mortgages end up in foreclosure, according to the Woodstock Institute, whose report focused on the Chicago metro area.
In 2011, 68.2% of foreclosed homes...
The rental market for real estate owned properties could reach $100 billion in 2012 with single-family REO investors in Florida and the Midwest reaping the most profit.
According to new data from CoreLogic...
Mortgage policy analysts hold conflicting expectations for principal reduction on Fannie Mae and Freddie Mac loans following the release of preliminary analysis from their regulator Tuesday.
The...
Mortgage policy analysts hold conflicting expectations for principal reduction on Fannie Mae and Freddie Mac loans following the release of preliminary analysis from their regulator Tuesday.
The...
Home prices and sales in the Twin Cities rose in March, suggesting the onset of a turnaround in the region, a report said Wednesday.
March is the first time in nearly two years that the region's median sales prices came in higher than the same period a year before, the Minneapolis...
Freddie Mac will issue a new seven-year reference note security due in May 2019.
The government-sponsored enterprise expects the issue to price Thursday.
The reference notes offers investors a full and highly liquid yield curve of bullet maturity debt. The notes...
The Mortgage Bankers Association reports commercial loan origination volumes for Fannie Mae, Freddie Mac and the Federal Housing Administration hit new records last year, with the multifamily segment leading the growth.
...
The U.S. economy is sliding sideways with consumer sentiment down on higher gasoline prices and economists realizing a mild winter stimulated early economic activity, according to CoreLogic.
A weather-related upswing in economic activity during the winter can result in a sluggish spring...
The U.S. economy is sliding sideways with consumer sentiment down on higher gasoline prices and economists realizing a mild winter stimulated early economic activity, according to CoreLogic.
A weather-related upswing in economic activity during the winter can result in a sluggish spring...
Mortgage applications declined 2.4% for the week ending April 6 as refinancing and home purchase activity slowed, an industry trade group said.
The Mortgage Bankers Association released its market composite index Wednesday, which measures weekly mortgage loan...
A Securities & Exchange Commission disclosure by Standard & Poor's reveals that Fortress Investment ($7.45 -0.01...
A proposed deal to sell the consumer business of BankAtlantic Bancorp ($12.36 0%) to BB&T...
A proposed deal to sell the consumer business of BankAtlantic Bancorp ($12.36 0%) to BB&T...
Loan sale adviser DebtX published a white paper advocating for the incorporation of mark-to-market (or fair market) loan valuations in bank stress tests.
The new test would project losses on loans with declining asset values, giving financial firms a truer...
Wells Fargo ($40.65 0.45%) grew its portfolio of active and completed mortgage modifications from 733,180 at the end of January to 740,359 in...