News
Mortgage applications increased 7% for the week ending May 3 when compared to a week earlier, an industry trade group said Wednesday.
The steeper jump comes after only...
Market observers believe the Fed’s continued monthly commitmentto acquiring $40 billion in agency mortgage-backed securities has served its purpose, with housing data showing...
Market observers believe the Fed’s continued monthly commitmentto acquiring $40 billion in agency mortgage-backed securities has served its purpose, with housing data showing...
KB Home's chief executive officer sees a housing recovery taking hold in certain markets and feels well-positioned to capture some of the business.
"Across this country, we’re in the right markets," said Jeff Mezger, president and CEO of KB Home...
Unlike hedge funds and other investment vehicles, mortgage real estate investment trusts are subject to a 'good asset' test that limits the majority of their investments to real estate assets.
Some housing market reform proposals rely in part on selling off the credit risk associated with...
Unlike hedge funds and other investment vehicles, mortgage real estate investment trusts are subject to a 'good asset' test that limits the majority of their investments to real estate assets.
Some housing market reform proposals rely in part on selling off the credit risk associated with...
A little more than 97,700 Fannie Mae and Freddie Mac mortgages refinanced through the Home Affordable Refinance Program (HARP) in February, representing 21% of the total refinance volume, the Federal Housing Finance Agency said...
Obtaining a mortgage with a FICO score in the 620 range is more difficult in today's lending environment, the Federal Reserve concluded in its April survey of loan officers and bank lenders.
The Federal Reserve polled a little under 100 banks and found 32 of respondents...
It seems Americans are growing more optimistic about the state of housing, as more than half of Americans now expect the country’s home prices to appreciate within the next year, Fannie Mae reports.
Those results came from Fannie Mae’s April 2013 National Housing Survey,...
It seems Americans are growing more optimistic about the state of housing, as more than half of Americans now expect the country’s home prices to appreciate within the next year, Fannie Mae reports.
Those results came from Fannie Mae’s April 2013 National Housing Survey,...
While the majority of the market would like to wipe the secondary mortgage market slate clean and start fresh in designing a new one, experts at the Mortgage Bankers Association Secondary Conference on Tuesday agreed that too much damage has been done to begin from scratch....
While the majority of the market would like to wipe the secondary mortgage market slate clean and start fresh in designing a new one, experts at the Mortgage Bankers Association Secondary Conference on Tuesday agreed that too much damage has been done to begin from scratch....
Mortgage servicer Nationstar posted a first-quarter profit of $62.6 million and announced the strategic acquisition of the Greenlight Financial Services mortgage origination business.
The move shows the servicing giant modeling other larger firms...
Bank of America and MBIA ended two pieces of legacy litigation this week, putting to rest a prominent mortgage-backed securities case and a lawsuit challenging MBIA’s 2009 restructuring.
HousingWire covered the story...
Residential construction jobs faced a 41% drop between 2006 and 2011. With homebuilding predicted to return to normal by 2016, housing starts may double over the next four years, Fannie Mae said.
This return to normalcy also implies an improvement in residential...