News

May 13, 2013 04:57 PM
Freddie Mac speeds up availability of streamlined loan mods

Freddie Mac announced the immediate availability of its streamlined modification program for delinquent borrowers on Monday, pushing up the roll out from its originally...

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May 13, 2013 03:56 PM
Navy Federal Credit Union continues to roll with no-money-down mortgages

Navy Federal Credit Union continues to offer no-money-down mortgages in a market where the perceived risk alone is enough to cause risk-wary lenders to back away.

But Navy Federal, which first opened its doors to customers affiliated with the military in 1933, held strong...

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May 13, 2013 01:51 PM
Navy Federal Credit Union continues to roll with no-money-down mortgages

Navy Federal Credit Union continues to offer no-money-down mortgages in a market where the perceived risk alone is enough to cause risk-wary lenders to back away.

But Navy Federal, which first opened its doors to customers affiliated with the military in 1933, held strong...

Read More
May 13, 2013 03:28 PM
Reperforming, nonperforming mortgage bonds may fill investor appetite

Some investors may find nonperforming and reperforming loan securitizations as an attractive alternative to private-label residential mortgage-backed securitization deals. 

The attractive fundamental of these bonds is the returns given to investors, which will ultimately be driven by...

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May 13, 2013 01:40 PM
Reperforming, nonperforming mortgage bonds may fill investor appetite

Some investors may find nonperforming and reperforming loan securitizations as an attractive alternative to private-label residential mortgage-backed securitization deals. 

The attractive fundamental of these bonds is the returns given to investors, which will ultimately be driven by...

Read More
May 13, 2013 12:09 PM
Massachusetts foreclosure filings drop 82% in March

The state of Massachusetts continues to benefit from rising home prices and foreclosure prevention efforts – two factors that caused foreclosure activity in the New England state to plummet 82% year-over-year in March, according to data from publisher The Warren Group.

...

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May 13, 2013 11:01 AM
Latest Redwood RMBS deal holds highest collateral quality

Redwood Trust continues as the dominant player in the private mortgage finance market.

The real estate investment trust is exceeding its monthly issuance goal, setting out with its...

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May 13, 2013 10:49 AM
Latest Redwood RMBS deal holds highest collateral quality

Redwood Trust continues as the dominant player in the private mortgage finance market.

The real estate investment trust is exceeding its monthly issuance goal, setting out with its...

Read More
May 13, 2013 10:24 AM
New FHFA head pick increases odds of HARP date change

The recent nomination of Congressman Mel Watt, D-N.C., has left investors weary about the future state of the mortgage finance market.

The biggest concern is the recent...

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May 13, 2013 10:11 AM
New FHFA head pick increases odds of HARP date change

The recent nomination of Congressman Mel Watt, D-N.C., has left investors weary about the future state of the mortgage finance market.

The biggest concern is the recent...

Read More
May 13, 2013 09:37 AM
Massachusetts AG sets up foreclosure revitalization grant program

Massachusetts Attorney General Martha Coakley rolled out a $1 million grant program to restore bank-owned properties leftover from the housing bust to eventually shift them back to the marketplace.

Coakley’s office is calling the initiative the Distressed Properties Indentification and...

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May 13, 2013 12:29 AM
Monday Morning Cup of Coffee: California housing market tightens, FDIC closes 2 banks

Monday Morning Cup of Coffee is a quick look at the news coming across the HousingWire weekend desk, with more coverage to come on bigger issues.

Rep. Maxine Waters' disconnected feelings toward the financial industry have eased up, The New York Times...

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May 12, 2013 11:05 PM
Monday Morning Cup of Coffee: California housing market tightens, FDIC closes 2 banks

Monday Morning Cup of Coffee is a quick look at the news coming across the HousingWire weekend desk, with more coverage to come on bigger issues.

Rep. Maxine Waters' disconnected feelings toward the financial industry have eased up, The New York Times...

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May 13, 2013 07:15 AM
New York rebounds on housing, economic front

It's a positive sign when the largest job market in the nation is in the midst of a strong economic recovery. According to the latest data from the Obama Administration, the local New York economy made modest improvement after the 2001 recession....

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May 10, 2013 05:12 PM
New York rebounds on housing, economic front

It's a positive sign when the largest job market in the nation is in the midst of a strong economic recovery. According to the latest data from the Obama Administration, the local New York economy made modest improvement after the 2001 recession....

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