NAR: Pending Home Sales Flat In January
Pending home sales were essentially flat in January, rising just 0.1% to reach a score of 95.0 on the National Association of Realtors'...
Freddie Mac: Fixed Mortgage Rates Tick Up For Fourth Week; ARMs Inch Down
Rates for fixed-rate mortgages (FRMs) inched higher during the week ending Feb. 27, while rates for adjustable-rate mortgages (ARMs) declined slightly, according to...
Despite 2014’s Slow Start, Fannie Mae Sticks By Its Economic Forecast
Although harsh winter weather may have impacted the U.S. economy - slowing home sales, consumer retail spending and new construction - in January,...
House Bill Would Radically Reform The CFPB
A bill currently under debate in the U.S House of Representatives would significantly reform the Consumer Financial Protection Bureau (CFPB). H.R. 3193, the...
FHFA: Mortgage Interest Rates Inched Up In January
Mortgage interest rates increased slightly in January, rising 0.11% compared to December, according to the Federal Finance Housing Agency (FHFA), conservator of government-sponsored...
Societe Generale Settles With FHFA For $122 Million
Societe Generale will pay $122 million to settle claims brought by the Federal Housing Finance Agency (FHFA) that the bank sold faulty or...
Perry Appointed New Chairman Of Fannie Mae Board
Having reached the company's mandatory retirement age, Philip A. Laskawy will step down as chairman of the board of Fannie Mae, effective March...
Mortgage Application Volume Continues To Fall
On Feb. 2 - Groundhog Day - Punxsutawney Phil predicted we'd get six more weeks of winter. Well, so far it appears he...
Average New Home Size Has Increased 11% Since 2009
The average size of a new home has increased more than 11% since 2009, data from the U.S. Census Bureau shows. The data,...
A Flurry Of Promotions At The MBA
There's been a flurry of promotions at the Mortgage Bankers Association (MBA) as of late. On Wednesday, the MBA announced that it had...
New Home Sales Jump 9.6% In January
Although sales of existing homes fell 5.1% in January, compared to December, to reach the lowest level in a year and a half,...
Black Knight: Home Price Appreciation Near Flat In December
Home price appreciation was pretty much flat in December 2013, rising only about 0.1% compared to November, according to Black Knight Financial Services'...
Home Price Appreciation Near Frozen In December
Home price appreciation lost some momentum in December, declining 0.3% compared to November, according to the S&P/Case-Shiller Home Price Indices. Despite the dip,...
NRMLA: Seniors’ Home Equity Increases For Sixth Straight Quarter
As of the third quarter of 2013, Americans aged 62 years and older had more equity in their homes than at any time...
Housing Starts Took A Dive In January Due To Harsh Winter
Housing starts fell 16% to a seasonally adjusted annual rate of 880,000 units in January, due mainly to unusually harsh winter weather across...
CoreLogic To Sell Asset Management And Processing Solutions Segment
As part of its previously announced strategic business plan, CoreLogic says it is looking to sell its Asset Management and Processing Solutions (AMPS)...
RealtyTrac: Average House Payment Has Risen 21% In Past Year
Rising home prices and increasing interest rates have combined to make homeownership less affordable than ever, a new report from RealtyTrac shows. According...
Lenders Must Focus On Spread Between Market Value And Replacement Cost
In the current real estate market, home buyers can purchase homes beyond their wildest dreams in terms of size and amenities. This sounds...
GSEs Offering Incentives To Bolster REO Sales
Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac recently introduced new incentives to bolster home sales through their HomePath and HomeSteps programs, respectively,...
Zillow: Housing Market Is On ‘Road Back To Normal’
As more inventory of for-sale homes helped slow previously high rates of appreciation, from December to January, national home values saw the smallest...