News
Most view becoming a homeowner as an important stepping-stone in their life — a chance to put down roots and fulfill the American Dream.
Although 90% of renters expect to purchase a home in the future, most believe it would be difficult to get a mortgage today, according to respondents to...
Fixed-mortgage rates ascended higher for the fifth consecutive week on concerns the Federal Reserve may slow its bond-buying program amid a strengthening economy, Freddie Mac said in a report Thursday.
The 30-year, fixed-rate mortgage came in at 3.91%, up from 3.81% last...
Fixed-mortgage rates ascended higher for the fifth consecutive week on concerns the Federal Reserve may slow its bond-buying program amid a strengthening economy, Freddie Mac said in a report Thursday.
The 30-year, fixed-rate mortgage came in at 3.91%, up from 3.81% last...
Genworth Financial, which provides mortgage insurance through one of three insurance divisions, plans to cut 400 jobs, including 150 open positions that will not be filled in the future.
The steep cuts are part of a corporate plan to improve the operating performance of...
New data from Lender Processing Services challenges the notion that judicial foreclosure states are seeing little improvement in the movement of distressed properties.
In fact, the month of April was a bright spot with the foreclosure sales rate in judicial foreclosure...
The amount of non-traditional real estate landlords converting to real estate investment trust tax status increased significantly over the past several years.
The REITs growing popularity occurred despite inherent risks not present with core property types. To put it into perspective,...
The amount of non-traditional real estate landlords converting to real estate investment trust tax status increased significantly over the past several years.
The REITs growing popularity occurred despite inherent risks not present with core property types. To put it into perspective,...
Five months into 2013 and issuers successfully priced 26 private-label mortgage bond deals.
The deals are worth $11.2 billion, and analysts at Deutsche Bank ($45.76...
Five months into 2013 and issuers successfully priced 26 private-label mortgage bond deals.
The deals are worth $11.2 billion, and analysts at Deutsche Bank ($45.76...
Mortgage rates continuously shot up over the past several weeks. And, the recent increase in mortgage rates is raising some concerns for its impact on home affordability,...
With the exception of Dallas, all of the Federal Reserve districts reported modest to moderate growth in economic activity in the Fed’s latest April Beige Book.
Residential real estate, construction activity and commercial real estate improved markedly since the...
With the exception of Dallas, all of the Federal Reserve districts reported modest to moderate growth in economic activity in the Fed’s latest April Beige Book.
Residential real estate, construction activity and commercial real estate improved markedly since the...
Massachusetts foreclosure petitions fell a dramatic 79% annually in April as more banks found alternative solutions to default or simply slowed down the process to comply with new state rules.
The Warren Group, a Massachusetts-based research and publishing firm, made this...
A House Oversight and Government Reform Committee letter to the Federal Housing Administration questioning the possibility of future losses in times of severe distress is likely to reignite the FHA reform debate on Capitol Hill, analysts claim.
The...
A House Oversight and Government Reform Committee letter to the Federal Housing Administration questioning the possibility of future losses in times of severe distress is likely to reignite the FHA reform debate on Capitol Hill, analysts claim.
The...