News

May 20, 2013 10:36 AM
Up-front risk sharing will lure in private capital: MBA

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...

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May 20, 2013 10:14 AM
Up-front risk sharing will lure in private capital: MBA

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...

Read More
May 20, 2013 09:09 AM
Housing will reaccelerate economic growth: Fannie Mae

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...

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May 20, 2013 09:00 AM
Housing will reaccelerate economic growth: Fannie Mae

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...

Read More
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 Pacific Holdings...

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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...

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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...

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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.

...

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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.

...

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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...

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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...

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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...

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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...

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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