News

May 23, 2013 09:46 AM
OIG urges for GSE reform to determine best course of action for housing

Initially, the Federal Housing Finance Agency understood the conservatorships of the enterprises to be more of a temporary time out to stabilize the mortgage market.

However, five years later, Fannie Mae and Freddie Mac remain under FHFA...

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May 23, 2013 09:32 AM
OIG urges for GSE reform to determine best course of action for housing

Initially, the Federal Housing Finance Agency understood the conservatorships of the enterprises to be more of a temporary time out to stabilize the mortgage market.

However, five years later, Fannie Mae and Freddie Mac remain under FHFA...

Read More
May 23, 2013 09:33 AM
Census Bureau: New home sales ascend

New home sales ascended in April, rising to 454,000 homes sold. The sales of new single-family homes inched up 2.3% in April, above the revised March rate of 444,000.

April sales are up a dramatic 20% from the year-ago estimate of 352,000, according to data from the Census Bureau...

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May 23, 2013 09:27 AM
Census Bureau: New home sales ascend

New home sales ascended in April, rising to 454,000 homes sold. The sales of new single-family homes inched up 2.3% in April, above the revised March rate of 444,000.

April sales are up a dramatic 20% from the year-ago estimate of 352,000, according to data from the Census Bureau...

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May 23, 2013 09:02 AM
Fixed-mortgage rates continue to rise: Freddie Mac

Fixed-mortgage rates jumped for the third consecutive week, which should further aid home sales and construction in coming weeks, Freddie Mac said in a report Thursday.

The 30-year, fixed-rate mortgage settled at 3.59%, up slightly from 3.51% last week, but down from...

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May 23, 2013 08:23 AM
FHFA: Home prices continue climb

Upward momentum in home prices remained strong in the first quarter of this year due to the Federal Reserve quantitative easing program, which continues to help asset prices rise in the housing market.

As a result, home prices inched upward 1.9% from the previous quarter...

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May 23, 2013 08:21 AM
FHFA: Home prices continue climb

Upward momentum in home prices remained strong in the first quarter of this year due to the Federal Reserve quantitative easing program, which continues to help asset prices rise in the housing market.

As a result, home prices inched upward 1.9% from the previous quarter...

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May 22, 2013 04:37 PM
Housing recovery fuels investor appetite for looming junk bond deal

What started off as a quiet list that was supposed to be sent to a couple dealers has now spread like wild fire around bond investors.

A forthcoming, massive collateralized debt obligations deal is being offered in a large $8.7 billion list comprised of five all-or-none packages. The...

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May 22, 2013 04:09 PM
Housing recovery fuels investor appetite for looming junk bond deal

What started off as a quiet list that was supposed to be sent to a couple dealers has now spread like wild fire around bond investors.

A forthcoming, massive collateralized debt obligations deal is being offered in a large $8.7 billion list comprised of five all-or-none packages. The...

Read More
May 22, 2013 01:39 PM
FOMC shows willingness to taper asset purchases

The most recent Federal Open Market Committee minutes from the Federal Reserve shows a number of participants expressed a willingness to begin reducing quantitative easing by June as long as the underlying economic data supports such a decision.

...

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May 22, 2013 09:50 AM
Bernanke forewarns against hitting the brakes too early

The economy is on sturdier footing than a year ago, but Ben Bernanke, chairman of the Federal Reserve, is trying to avoid squashing the current recovery.

The Federal Open Market Committee has made it clear that it is prepared to increase or reduce the...

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May 22, 2013 09:46 AM
Bernanke forewarns against hitting the brakes too early

The economy is on sturdier footing than a year ago, but Ben Bernanke, chairman of the Federal Reserve, is trying to avoid squashing the current recovery.

The Federal Open Market Committee has made it clear that it is prepared to increase or reduce the...

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May 22, 2013 09:48 AM
Architecture Billings Index reverses recent gains

The Architecture Billings Index switched gears in April, falling to 48.6 from a mark of 51.9 in March, according to the AIA Economics & Market Research Group.

The ABI reflects an approximate nine to 12 month lag in time between architecture billings and...

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May 22, 2013 09:31 AM
Existing-home sales remain below underlying demand

After falling in March, existing-home sales increased in April, although they were still not enough to meet underlying demand due to limited inventory and tight credit, reports the ...

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May 22, 2013 09:28 AM
Existing-home sales remain below underlying demand

After falling in March, existing-home sales increased in April, although they were still not enough to meet underlying demand due to limited inventory and tight credit, reports the ...

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