[Chart] FHA mortgage insurance boom in the works?

[Chart] FHA mortgage insurance boom in the works?

MBA notes impact of cutting MIPs

loanDepot officially files for IPO

Number of shares, price range to be determined

Did Sen. Corker violate SEC rules, Senate ethics by telling investors to short GSEs?

Made questionable remarks on CNBC regarding stocks

Items Tagged with 'MSAS'


CFPB doubles down against marketing services agreements

Underscores that MSAs could constitute mortgage kickbacks
The Consumer Financial Protection Bureau issued a bulletin that basically doubles down on a warning they put out in July about marketing services agreements. It's the stick-and-stick approach going forward, it seems. Will it work? Is it fair?
Read More

CFPB to mortgage industry: Get out of MSAs

Industry calls move regulation by enforcement
The Consumer Financial Protection Bureau wants mortgage lenders to stop using marketing services agreements, and it’s using the stick rather than the rules process to do so. The industry says no fair, that's regulation by enforcement. What do you think?
Read More

Radar Logic: Composite Price Index Gains 1.2%

A composite index of 25 major US metropolitan markets showed a 1.2% increase in house prices in April. Radar Logic's 25-MSA (metropolitan statistical area) RPX index showed the largest monthly increase since June 2007. The composite remains 20% below its year-ago level, however, and overall has plunged 32% below its peak.
Read More

Report: Distressed RE Nears 20 Percent of Nationwide Sales

There are motivated home sellers, and then there are motivated home sellers. In this market, that term has taken on new meaning, capturing sales made under borrower duress as well as institutional sellers looking to sell off REO properties in an effort to clear their books. And the number of motivated sellers, by most accounts, has been growing pretty dramatically, pretty much in tandem with declining property values and mushrooming foreclosure totals.
Read More