News
Counselor to the Secretary of the Treasury for Housing Finance Policy noted during his featured addressed at the American Securitization Forum conference on Wednesday that while housing is improvement, challenges still remain.
As a result, there are...
Chief executive officer Ivy Zelman at Zelman and Associaties expects housing starts to grow by 28% in 2013, she stated at the American Securitization Forum conference during a discussion on the U.S. housing market and the consumer economy.
The...
Homebuilder D.R. Horton ($27.23 0.43%) revealed Tuesday that net income for its first fiscal quarter of 2013 increased 139% to $66.3 million,...
Homebuilder D.R. Horton ($27.23 0.43%) revealed Tuesday that net income for its first fiscal quarter of 2013 increased 139% to $66.3 million,...
The Federal Housing Finance Agency reported Tuesday that the national average contract mortgage rate for the purchase of a previously occupied home — an index for ARM loans —fell to 3.29% in December from 3.36% in November. That is down 0.07% from the previous month.
The...
Home prices rose in 19 of the 20 U.S. cities studied by Standard & Poor's for the S&P/Case-Shiller Home Price Indices, falling only in New York, for the 12-month period ending in November.
The 20-city composite index rose 5.5% during the 12-month period,...
Having the Consumer Financial Protection Bureau's qualified mortgage definition and the pending qualified residential mortgage rule solidified is a key step in getting Fannie Mae and Freddie Mac out of the housing finance sector, said Gyan Sinha...
Although the housing market has posted a shift in positive momentum, many factors within housing finance will likely remain for quite some time, and reform is not expected any time soon.
Experts on the U.S. housing finance sector generally concluded that Fannie Mae and...
The nation turned a corner since entering a foreclosure crisis more than four years ago, analysts attending the 2013 REOCON Summit & Expo said Monday.
Speaker Daren Blomquist, vice president of RealtyTrac...
Ally Financial, a bailed out financial firm that put its ResCap Mortgage subsidiary into bankruptcy, is among three major firms that compensated multiple executives by paying them well above the recommended executive pay limits outlined by TARP pay czar Kenneth Feinberg, an...
Panelists at the American Securitization Forum in Las Vegas offered a securitization market outlook for 2013, noting that overall assets types are expected to perform well this year.
However, the one...
Nationstar Mortgage priced two servicer advanced receivable transactions at $300 million after analysts announced its special purpose vehicle Nationstar Agency Advance Funding Trust would ...
Comptroller of the Currency Thomas Curry kicked off the American Securitization Forum's keynote address on Monday, saying an improving housing sector and the resolution of legacy mortgage issues has created the environment necessary to support a stable securitization pipeline....
Comptroller of the Currency Thomas Curry kicked off the American Securitization Forum's keynote address on Monday, saying an improving housing sector and the resolution of legacy mortgage issues has created the environment necessary to support a stable securitization pipeline....
Pending home sales fell in December, but still remain above year ago levels, suggesting a housing recovery is still in the works, the National Association of Realtors said.
Still, the association noted a limited supply of affordable homes in certain markets, causing a...