News
The majority of metropolitan areas surveyed by foreclosure data firm RealtyTrac experienced year-over-year spikes in foreclosure activity in 2012.
Of the 212 metropolitan statistical areas studied by the California-based research firm, 120 markets, or 57% of all surveyed...
Data and Analytics firm Sperlonga released a white paper that identifies the best means of complying with both government-sponsored enterprises’ rules on homeowners associations as well as preventing losses and penalties for investors in the securities industry.
The white...
The Federal Open Market Committee said the Fed plans to continue purchasing additional agency mortgage-backed securities to foster a nascent housing recovering while simultaneously combating elevated unemployment levels.
The FOMC made that statement after members met this...
Federal Housing Administration Commissioner Carol Galante announced a series of changes to be issued this week that will allow the agency to better manage risk and further strengthen the health of the Mutual Mortgage Insurance Fund.
FHA will increase its annual...
Federal Housing Administration Commissioner Carol Galante announced a series of changes to be issued this week that will allow the agency to better manage risk and further strengthen the health of the Mutual Mortgage Insurance Fund.
FHA will increase its annual...
Rebranded as Ally Financial, General Motors Acceptance Corp., is now the second largest existing Troubled Asset Relief Program investment, according to a new report from the Office of the Special Inspector General for the Troubled Asset Relief...
Rebranded as Ally Financial, General Motors Acceptance Corp., is now the second largest existing Troubled Asset Relief Program investment, according to a new report from the Office of the Special Inspector General for the Troubled Asset Relief...
Freddie Mac's multifamily business volume — including both loan purchases and bond guarantees — reached a record of $28.8 billion, or a 42% increase, compared to $20.3 billion in 2011.
This volume includes the government-sponsored enterprise's targeted...
The Federal Open Market Committee has another distinct opportunity in its latest Federal Open Market Committee statement to argue its third-round of open-ended quantitative easing is working, according to Bank of America Merrill Lynch...
The nation's volume of mortgage applications fell 8.1% for the week ending Jan. 25 as mortgage rates ticked higher, an industry trade group said Wednesday.
The refinance share of mortgage activity declined to 79% of total applications, down from 82% the previous week, according to the...
Senior Managing Director Laurie Goodman at Amherst Securities Group noted that she expected new origination for private-label securitization to reach roughly $30 billion for the year.
Goodman sat on a panel at the American Securitization Forum...
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 ($27.02 0.71%) revealed Tuesday that net income for its first fiscal quarter of 2013 increased 139% to $66.3 million,...
Homebuilder D.R. Horton ($27.02 0.71%) revealed Tuesday that net income for its first fiscal quarter of 2013 increased 139% to $66.3 million,...