News
The various risks posed by the central bank’s ultra-easy monetary policies could be reduced by simply slowing the pace of asset purchases, said Sandra Pianalto, president and CEO of the Federal Reserve Bank of Cleveland.
Nonetheless, the Cleveland Fed president noted the...
Despite suggestions that specific servicers could eventually face burnout in Home Affordable Refinance Program activity, aggregate refinancing speeds remain elevated, indicating a broad based HARP burnout is unlikely to result in a significant decline in refinancing pacing, said analysts at...
Despite suggestions that specific servicers could eventually face burnout in Home Affordable Refinance Program activity, aggregate refinancing speeds remain elevated, indicating a broad based HARP burnout is unlikely to result in a significant decline in refinancing pacing, said analysts at...
Consumers surveyed for Fannie Mae’s recent housing market update remain skeptical about the U.S. economy, while maintaining a sense of optimism about the overall housing recovery.
This contradiction seems unusual, giving the two economic indicators are generally linked....
HousingWire's Monday Morning Cup of Coffee takes a look at news from the weekend, with more coverage on bigger issues.
With existing home prices up 10% in February from one year prior and inventories at a 20-year low, many homebuyers are facing a dilemma,...
With bank earnings just around the corner, analysts with FBR Capital Markets say big banks exposed to mortgages are favored long-term, but subject to headwinds in the near future.
Banks outperformed until mid-March with the KBW Bank Index up 12%, while the S&P rose 9...
The latest data from the Obama Administration revealed important progress in the housing rebound, but much like the last scorecard, it continues to warn that the overall recovery...
Of all non-GSE mortgages eligible for principal reductions through the government's Home Affordable Modification Programs, 70% actually included a principal reduction component during the month of February, the Obama administration said Friday.
The Treasury made this assertion in its...
The rate at which mortgage pools tend to refinance is expected to reverse recent declines, according to mortgage bond analysts.
This prepayment rate forecast, "may surprise to the downside," according to Sarah Hu and Ashley Gam, MBS strategists at the Royal Bank of...
The rate at which mortgage pools tend to refinance is expected to reverse recent declines, according to mortgage bond analysts.
This prepayment rate forecast, "may surprise to the downside," according to Sarah Hu and Ashley Gam, MBS strategists at the Royal Bank of...
The Second Circuit Court of Appeals rejected an attempt by mega bank UBS to get the Federal Housing Finance Agency’s mortgage-backed securities fraud case against the bank thrown out of court.
UBS is one of several banks that ended up in the FHFA’s cross-...
While overall national employment disappointed in March, according to the Department of Labor, residential construction growth showed noteworthy improvement.
"That’s not surprising. We’ve seen homebuilding pick up tenfold over the past year...
While overall national employment disappointed in March, according to the Department of Labor, residential construction growth showed noteworthy improvement.
"That’s not surprising. We’ve seen homebuilding pick up tenfold over the past year...
The Consumer Financial Protection Bureau’s final rules stemming from the Truth in Lending and the Good Faith Estimate disclosure forms rank as compliance officers' top concern, according to a new survey from QuestSoft.
The compliance software company...
Janet Yellen, vice chair of the Board of Governors for the Federal Reserve System, told a roomful of journalists that the Fed's accommodative policies have succeeded and communication about long-term Fed strategies is vital to the effectiveness of quantitative easing.
The...