News
Members of the House Financial Services Committee listened with an attentive ear to proposed cures for the Federal Housing Administration’s biggest headache: the reverse mortgage program.
As it stands now, the FHA may have to seek a first-time...
Members of the House Financial Services Committee listened with an attentive ear to proposed cures for the Federal Housing Administration’s biggest headache: the reverse mortgage program.
As it stands now, the FHA may have to seek a first-time...
The California housing market continued to gain steam in April, with both home sales and prices experiencing strong increases due to high demand and tight inventory.
According to the latest data from the California Association of Realtors, the median price surpassed the $...
While the market witnessed softer-than-expected data on all ends of the spectrum Thursday, the housing market continues to deal with conflicting forces.
Weekly jobless claims jumped the most since November this past week, while the Consumer Price Index posted its biggest decline since...
While the market witnessed softer-than-expected data on all ends of the spectrum Thursday, the housing market continues to deal with conflicting forces.
Weekly jobless claims jumped the most since November this past week, while the Consumer Price Index posted its biggest decline since...
The highest court in Alabama upheld a lower court opinion that previously validated the ability of Mortgage Electronic Registration Systems to legally assign a mortgage. The decision creates precedent in Alabama, giving MERS a strong legal buffer in the state when similar...
Fixed-mortgage rates inched higher for the second consecutive week amid signs of stronger consumer spending, Freddie Mac said in a report Thursday.
The 30-year, fixed-rate mortgage came in at 3.51%, up from 3.42% last week, but down from 3.79% last year, Freddie noted in...
Fixed-mortgage rates inched higher for the second consecutive week amid signs of stronger consumer spending, Freddie Mac said in a report Thursday.
The 30-year, fixed-rate mortgage came in at 3.51%, up from 3.42% last week, but down from 3.79% last year, Freddie noted in...
New home starts on private residences dropped significantly from the revised March estimate of 1.02 million units to a seasonally adjusted 853,000 units in April, according to data from the...
Fannie Mae and Freddie Mac are likely to remain in conservatorship for the foreseeable future with the agencies filling the Treasury’s coffers, analysts claim.
As long as the housing agencies can turn considerable profit, analysts at Compass Point...
Hope Now, a private alliance of mortgage servicers, insurers and nonprofit counselors, released data showing 245,000 homeowners benefited from permanent loan modifications in the first quarter of 2013.
That is up 20% from an estimated 203,000 modifications in 1Q of 2012...
A provision of Dodd-Frank designed to protect taxpayers from future bank bailouts caused a stir on Capitol Hill Wednesday.
Title II of the Dodd-Frank Act has analysts wondering if procedures designed to deal with troubled financial firms will be ineffective in curtailing excessive risk...
A provision of Dodd-Frank designed to protect taxpayers from future bank bailouts caused a stir on Capitol Hill Wednesday.
Title II of the Dodd-Frank Act has analysts wondering if procedures designed to deal with troubled financial firms will be ineffective in curtailing excessive risk...