News
Servicers that took part in the 2012 National Mortgage Settlement have since distributed $50.63 billion in relief to more than 620,000 homeowners, Joseph Smith, the independent monitor overseeing the Office of Mortgage Settlement Oversight reported Tuesday.
The Department of Housing...
Fannie Mae and Freddie Mac are working with the Federal Housing Finance Agency to align their disaster relief response in the midst of a massive tornado outbreak in Oklahoma and surrounding states.
The relief mechanisms deployed for...
The nascent housing recovery pushed The Home Depot’s first-quarter sales 7.4% higher as the company recorded net earnings of $1.226 billion, or 83 cents a share, up 18% from $1.035 billion, or 68 cents a share, a year earlier.
The Atlanta-based home improvement retailer...
Advisory firm MountainView Servicing Group is managing the sale of a $755 million Fannie Mae servicing portfolio along with another portfolio comprised of $395 million in Fannie Mae and Freddie Mac loans.
About 99.8% of the Fannie Mae...
The housing sector may finally become a direct and meaningful contributor to U.S. economic growth in 2013 and beyond, according to NewOak CEO and Co-Founder Ron D’Vari.
D’Vari expects the sector to provide an estimated 0.5%...
The lull in April’s volatility proved to be the calm before the storm, particularly in agency mortgage-backed securities, analysts suggested.
Thus, investors should take advantage of the agency MBS weakness, but remain cautious on derivatives and specified where housing strength and...
The lull in April’s volatility proved to be the calm before the storm, particularly in agency mortgage-backed securities, analysts suggested.
Thus, investors should take advantage of the agency MBS weakness, but remain cautious on derivatives and specified where housing strength and...
All the buzz on Capitol Hill is trying to find various outlets to bring private capital back into the mortgage market that benefits both taxpayers and consumers.
One way to entice investors back into the market would be for the Federal Housing Finance Agency to require...
All the buzz on Capitol Hill is trying to find various outlets to bring private capital back into the mortgage market that benefits both taxpayers and consumers.
One way to entice investors back into the market would be for the Federal Housing Finance Agency to require...
The year’s solid economic start faded late in the first quarter, but the recent setback is a temporary one, analysts claim.
The slow in activity is partly due to ongoing fiscal drags, including the budget sequester. However, a modest reacceleration is expected in the second half of this...
The year’s solid economic start faded late in the first quarter, but the recent setback is a temporary one, analysts claim.
The slow in activity is partly due to ongoing fiscal drags, including the budget sequester. However, a modest reacceleration is expected in the second half of this...
Monday Morning Cup of Coffee is a quick look at the news coming across the HousingWire weekend desk, with more coverage to come on bigger issues.
The investor frenzy in real estate continues with Atlanta-based private equity firm Hibernian Pacific Holdings...
This week Ginnie Mae proposed a change to its general buyout policy.
A key component would be to allow partial payments to advance rather than reset the borrower’s delinquency status, according to Sarah...
This week Ginnie Mae proposed a change to its general buyout policy.
A key component would be to allow partial payments to advance rather than reset the borrower’s delinquency status, according to Sarah...
The Texas House of Representatives approved legislation that would reverse mortgage lending in Texas.
Supported by consumer groups, the House approved Senate Joint Resolution 18 by a 139-1 vote. Before it can become a law, the legislation will...