DOJ fines JPMorgan Chase $50 million for robo-signing

DOJ fines JPMorgan Chase $50 million for robo-signing

Chase admits to misfiling mortgage documents

This is what justifies Texas economic pride

Happy Independence Day, Texas

Morgan Stanley expects mortgage bond lawsuit from New York AG

Subprime securitizations at the center of lawsuit
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Items Tagged with 'New Home Sales'

ARTICLES

Latest data shows housing economy sluggish

New home sales decline shows housing liftoff isn’t near
Trey Garrison
New home sales flatlined in January, but while some say it's a sign the housing market is in for a long slog, others are optimistic about the long-haul for 2015. Here's why.
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New home sales stall out in January, falling 0.2%

Down trend continues for housing as 2015 unfolds
Trey Garrison
The bad news for the housing industry just keeps on coming. New home sales stalled out in January. Here's what happened.
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Monday Morning Cup of Coffee: The 4 shifts needed to boost new home sales

Castro to face grilling by House committee; ABS Vegas preview
Ben Lane
What four things do builders and developers need to do to boost new home sales? What's expected at ABS Vegas this week? And what kind of reception will HUD Secretary Julián Castro receive from the House Financial Services Committee this week? Those answers and more contained herein.
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New home sales in December rise an unbelievable 11.6%

But margin of error in the mid-teens
Trey Garrison
New home sales just hit a seven-year high, but skepticism grows about the accuracy of reports with a margin of error in the mid-teens. Here are the details.
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Monday Morning Cup of Coffee: Ocwen settles "frustrating skirmish" with California

But that's just over file access, not file content
Trey Garrison
Ocwen ended its disastrous week on Friday by settling with the state of California for $2.5 million — but that's just to ensure the state gets the information it asked for. Any violations that turn up once it has the information could be a whole other ball of wax.
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New home sales drop in November

November a bad month for housing industry all around
Trey Garrison
New home sales disappointed in November, coming on the heels of Monday's 6.1% drop in existing home sales and meager house-price gains from the FHFA. Here are the details.
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Applications for new home purchases plunge

Higher end homes still pushing upwards
Trey Garrison
Mortgage applications are down overall in a big way, but there's one sector that's still going strong. Here's a look at the numbers.
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The Census Bureau is cooking the new home sales numbers

You can’t make bricks with imaginary straw
Trey Garrison
High initial print that beats expectations is followed by a dramatic downward revision. This didn't happen once, but for the last five months straight.
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New home sales squeak out weak gain in October

Again Census revises previous month’s print down
Trey Garrison
New home sales squeaked out a 0.7% gain, but that's only because of smoke and mirrors and a weird surge in the Midwest. Take a look.
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Monday Morning Cup of Coffee: Mortgage giants warm to principal reduction?

Also 2015 housing finance forecasts galore and key mortgage industry metrics
Trey Garrison
Is principal reduction about to become more common? Who hit the bulls-eye in forecasting 2014, and who just offered bull? And of those hawkeye prognosticators, what do they have to say about 2015? Get it here and get it early.
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