News

March 6, 2012 02:55 PM
Judicial Watch sues FHFA over MBS disclosures

Judicial Watch filed suit against the Federal Housing Finance Agency, claiming the regulator failed to turn over information on private-label mortgage-backed securities acquired from 17 banks. 

FHFA declined to comment. Judicial Watch representatives...

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March 6, 2012 01:55 PM
Judicial Watch sues FHFA over MBS disclosures

Judicial Watch filed suit against the Federal Housing Finance Agency, claiming the regulator failed to turn over information on private-label mortgage-backed securities acquired from 17 banks. 

FHFA declined to comment. Judicial Watch representatives...

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March 6, 2012 11:55 AM
FHA to lower refinance premiums

[Update 1: Adds comments from President Obama]

The Federal Housing Administration will lower refinance premiums, and major mortgage servicers will provide relief to wrongfully foreclosed military members, the White House said.

President Barack Obama detailed the...

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March 6, 2012 11:14 AM
FHA to lower refinance premiums

[Update 1: Adds comments from President Obama]

The Federal Housing Administration will lower refinance premiums, and major mortgage servicers will provide relief to wrongfully foreclosed military members, the White House said.

President Barack Obama detailed the...

Read More
March 6, 2012 12:21 PM
New York median home price in January highest since September

New York's housing market started the year with sales on par with January 2011, experiencing soft economic growth and little change in loan demand.

According to the New York State Association of Realtors, the Empire State's median sales price has remained above $200,000...

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March 6, 2012 11:11 AM
New York median home price in January highest since September

New York's housing market started the year with sales on par with January 2011, experiencing soft economic growth and little change in loan demand.

According to the New York State Association of Realtors, the Empire State's median sales price has remained above $200,000...

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March 6, 2012 12:15 PM
Kroll rates first conduit CMBS

Kroll Bond Rating Agency issued its first risk assessment of an issue of conduit commercial mortgage-backed securities.

Last June, the company rated...

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March 6, 2012 11:26 AM
Kroll rates first conduit CMBS

Kroll Bond Rating Agency issued its first risk assessment of an issue of conduit commercial mortgage-backed securities.

Last June, the company rated...

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March 6, 2012 11:37 AM
Kroll rates first conduit CMBS

Kroll Bond Rating Agency issued its first risk assessment of an issue of conduit commercial mortgage-backed securities.

Last June, the company rated...

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March 6, 2012 10:38 AM
Delinquent loans drop but new business remains flat for MGIC

Mortgage Guaranty Insurance Corp. ($6.02 0%) saw the number of loans in its delinquent inventory fall in February from 174,418 at the...

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March 6, 2012 10:32 AM
Delinquent loans drop but new business remains flat for MGIC

Mortgage Guaranty Insurance Corp. ($6.02 0%) saw the number of loans in its delinquent inventory fall in February from 174,418 at the...

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March 6, 2012 08:54 AM
Repeat foreclosures hit an all-time high in January

Foreclosure starts rose in January suggesting the pipeline is starting to move, according to the latest mortgage monitor report from Lender Processing Services ($29.11...

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March 6, 2012 12:09 AM
Home price declines resilient against REO saturation: Clear Capital

National home prices fell by the smallest margin in 10 months in light of REO saturation increases, a trend that Clear Capital calls "unusual and encouraging."

Prices declined 1.9% year-over-year, according to the firm's Home Data Index market report. Short-term prices...

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March 5, 2012 06:05 PM
Home price declines resilient against REO saturation: Clear Capital

National home prices fell by the smallest margin in 10 months in light of REO saturation increases, a trend that Clear Capital calls "unusual and encouraging."

Prices declined 1.9% year-over-year, according to the firm's Home Data Index market report. Short-term prices...

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March 5, 2012 06:06 PM
Consumers shed debt, cut mortgage balances

The total balance of outstanding home loans fell by $1 trillion, or 10.4%, in the past four years as consumers continue to shed debt.

The latest numbers come from a report produced by Moody's Analytics and Equifax....

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