News

May 20, 2013 12:03 AM
Monday Morning Cup of Coffee: Investors keep sights on real estate

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...

Read More
May 17, 2013 04:49 PM
Proposed Ginnie Mae policy may increase buyouts

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...

Read More
May 17, 2013 04:42 PM
Proposed Ginnie Mae policy may increase buyouts

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...

Read More
May 17, 2013 04:44 PM
Reverse mortgage legislation approved by Texas House

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...

Read More
May 17, 2013 04:09 PM
Investors find private-label RMBS facing rep and warrants issues attractive

With settlements on representation and warranty violations in private-label residential mortgage-backed securitizations beginning to pick up momentum, investors are becoming more comfortable with pricing the potential recovery cash flow from a settlement or loan repurchase.

...

Read More
May 17, 2013 03:43 PM
Investors find private-label RMBS facing rep and warrants issues attractive

With settlements on representation and warranty violations in private-label residential mortgage-backed securitizations beginning to pick up momentum, investors are becoming more comfortable with pricing the potential recovery cash flow from a settlement or loan repurchase.

...

Read More
May 17, 2013 11:09 AM
Flagstar CEO steps down, moves to his old position

Lender Flagstar Bancorp ($13.41 0%) announced an executive shake-up this week.

The Michigan-based firm reported that its current CEO...

Read More
May 17, 2013 12:20 PM
Fed may cut Treasurys before ending MBS purchases

With inflation rates lingering just below 2% and unemployment still far away from the 6.5% goal, the Federal Reserve is set on buying more agency mortgage-backed securities and Treasurys past market projections, analysts claim.

However, when the time comes to begin...

Read More
May 17, 2013 11:00 AM
Fed may cut Treasurys before ending MBS purchases

With inflation rates lingering just below 2% and unemployment still far away from the 6.5% goal, the Federal Reserve is set on buying more agency mortgage-backed securities and Treasurys past market projections, analysts claim.

However, when the time comes to begin...

Read More
May 17, 2013 11:56 AM
Analyst says take advantage of dismal housing reports

In a recent homebuilding note, Jay McCanless, an analyst for Sterne Agee, encourages investors to take advantage of the weakness created by national housing reports. The analyst recommends buying Meritage Homes, D.R. Horton and The...

Read More
May 17, 2013 11:05 AM
Analyst says take advantage of dismal housing reports

In a recent homebuilding note, Jay McCanless, an analyst for Sterne Agee, encourages investors to take advantage of the weakness created by national housing reports. The analyst recommends buying Meritage Homes, D.R. Horton and The...

Read More
May 17, 2013 09:37 AM
FHFA director nomination may be pushed to back burner

The IRS scandal brewing in Washington D.C. may prompt Senate Republicans to put Rep. Mel Watt’s nomination to lead the FHFA on the back burner for now, analysts with Compass Point Research & Trading said this week.

The firm, which follows housing and...

Read More
May 17, 2013 09:47 AM
Bid list indicates first signs of GSE risk reduction

The Federal Housing Finance Agency plans to sell 5% of the illiquid portion of its retained portfolio assets by the end of the year,...

Read More
May 17, 2013 09:33 AM
Bid list indicates first signs of GSE risk reduction

The Federal Housing Finance Agency plans to sell 5% of the illiquid portion of its retained portfolio assets by the end of the year,...

Read More
May 16, 2013 02:13 PM
Freddie Mac: Housing is the juice of the recovery

Freddie Mac in its latest housing outlook made the claim that housing is the "juice" needed for the economic recovery to fully accelerate.

This is especially true when looking at the potential for building construction to spur economic...

Read More