The real reason Fannie and Freddie don't do principal modifications

Julián Castro sworn in, spends first day as HUD Secretary

Former San Antonio mayor takes over for Shaun Donovan

Blackstone adviser: Investors worried about ‘serious correction’

Byron Wien still holds his line

Items Tagged with 'January'


New home sales hit 5-month low

Sales drop 3.3%
March 25, 2014
New home sales of single-family houses in February dropped 3.3% to 440,000, hitting a five-month low.
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FHFA: Home price index slightly increases 0.5%

March 25, 2014
FHFA home price reports come in rosier than Case-Shiller. Why? For one, the FHFA only looks at Fannie Mae and Freddie Mac sales.
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Americans got a little better at handling credit this winter

National default rates drop in January
February 18, 2014
National default rates during January remained fairly unshaken as the national composite hit 1.34% in January, a marginal decline from 1.35% in December and 1.63% last year.
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MBA: New single-family home sales surge in January

February 13, 2014
New single-family homes recorded a sharp uptick in January, running at a seasonally adjusted annual rate of 543,000, following reports of homebuilder sentiment that show strength in the market for new homes.
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RealtyTrac: Monthly foreclosure filings reverse course, rise 8%

40th consecutive month of declines annually
February 13, 2014
Foreclosure filings reversed course, increased 8% to 124,419 in January from December, marking the 40th consecutive month where foreclosure activity declines on an annual basis.
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Housing Scorecard: America still healing from Great Recession

Despite positive trends, still room for improvement
February 7, 2014
Despite positive trends in the housing market, the Obama Administration cautioned that the economy is still healing from the Great Recession, leaving room for more improvement.
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Consumer confidence hits five-month high

Americans become more optimistic about the economy
January 28, 2014
Consumer confidence unexpectedly climbed to a five-month high in January as Americans became more optimistic about the economy and the labor market.
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Jobless claims fall by 2,000 filings

First report in two months not skewed by special factors
January 16, 2014
Jobless claims fell by 2,000 filings for the week ending Jan.11, posting the first report in two months that was not heavily skewed by special factors.
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A calm picture of the economy emerges, but will it last?

Less uncertainty over economic policy helps
January 13, 2014
The latest report from Fannie Mae says a pullback in economic policy uncertainty regarding fiscal and monetary policy issues is expected to lay the foundation for improved private sector activity and accelerated growth in 2014.
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Subset of higher-priced mortgages receive appraisal exemptions

December 12, 2013
A separate subset of higher-priced mortgage loans are exempt from certain appraisal requirements to help save borrowers time and money while still ensuring that the loans are financially sound.
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