News
The results of the stress tests mandated by the Dodd-Frank financial overhaul law noted that the nation’s largest banking holding companies’ health has substantially improved and most could survive a severe recession and crash in the markets.
The stress test provides a critical analysis...
Almost five years after Fannie Mae and Freddie Mac’s conservatorship, many private market players are desperately searching for ways to encourage nonagency capital back into the market.
And so does Ed DeMarco. The acting director of the...
Household debt continued to rise in the fourth quarter of 2012, offsetting positive momentum gained from an overall rise in household net worth for the same time period.
Data included in the Federal Reserve's Flow of Funds Report shows household net worth — or the...
Household debt continued to rise in the fourth quarter of 2012, offsetting positive momentum gained from an overall rise in household net worth for the same time period.
Data included in the Federal Reserve's Flow of Funds Report shows household net worth — or the...
Mortgage servicer Nationstar reported 161% revenue growth over the previous year in fiscal 2012 as it added 550,000 new customers and increased its servicing portfolio’s unpaid principal balance by 94%.
The Lewisville-based servicer experienced exponential profit growth...
A consumer who receives housing counseling before buying a home is less likely to fall seriously delinquent on a mortgage later on, NeighborWorks said in a new study Thursday.
The organization, which finances community development around the country...
National housing inventory remains at a traditional low, leading to healthy demand and pushing prices higher. And there is good reason for it: fewer foreclosures on the market prevent a bottoming out.
The number of homes listed as for sale on Zillow dropped 16.6% year-...
Fixed-mortgage rates remained mostly unchanged from the previous week after posting declines, Freddie Mac said in its Primary Mortgage Market Survey.
The 30-year, fixed-rate mortgage for the week ending March 7 rose to 3.52%, up from 3.51% a...
Consumers are living in a bipolar world, where optimism about housing is on the rise even as Americans remain wary of the economy as a whole.
As home prices and demand rise in certain housing markets, consumers are growing more positive. On the other hand, automatic spending cuts are now...
Special servicer Vericrest Financial Inc. appointed Joe Anderson chairman and chief executive officer Thursday, two positions he will assume immediately.
The Dallas-based firm says Joe Anderson will lead Vericrest, which recently was combined with Caliber Funding...
The bifurcated housing recovery continues with judicial states still struggling with a backlog of foreclosures caused by longer default timelines and overall delays in moving properties, mortgage data firm Lender Processing Services said.
The foreclosure inventory in...
Texas single-family construction permits and existing home sales increased in January, while housing starts declined, according to the Federal Reserve Bank of Dallas.
After two months of decline, single-family housing construction permits...
Nearly all twelve Federal Reserve districts reported modest to moderate growth in economic activity in the Fed's latest February Beige Book.
Residential real estate markets posted the strongest results, with impressive growth throughout nearly all the districts as home...
There is no entity in the private mortgage market that could assume the large volume of mortgage business carried by Fannie Mae and Freddie Mac, U.S. Rep. Carolyn Maloney, D-NY, argued during a U.S. House Financial Services Committee hearing.
Rep. Maloney...
There is no entity in the private mortgage market that could assume the large volume of mortgage business carried by Fannie Mae and Freddie Mac, U.S. Rep. Carolyn Maloney, D-NY, argued during a U.S. House Financial Services Committee hearing.
Rep. Maloney...