FHFA: House Prices Up 1.8% In Q2
U.S. house prices rose 1.8% from the first quarter to the second quarter of this year, according to the Federal Housing Finance Agency's...
Tennessee Agency Snubs HUD Rental Program For People With Disabilities
Tennessee's housing agency has passed on an opportunity to apply for $12 million in federal rental assistance for people with disabilities. According to...
Single-Family Home Sales Up 3.6% In July
Sales of new single-family houses in July 2012 were at a seasonally adjusted annual rate of 372,000, according to estimates released jointly by...
Connecticut City Sues GSEs Over Nonpayment Of Taxes
Another day in mortgage banking, another lawsuit: this time, the city of Bridgeport, Conn., is suing Fannie Mae and Freddie Mac for not...
MountainView Acquires Clayton Unit
MountainView Capital Holdings, a Denver-based fixed income capital markets firm, has acquired Clayton IPS, the independent pricing service of Shelton, Conn.-based Clayton Holdings....
New Report Forecasts Acute Shrinkage In Residential Building Stock
The total area of single-family homes in the U.S. will shrink by nearly 4 billion square feet by 2021, according to a new...
NAR: Existing-Home Sales Up 2.3% In July
Total existing-home sales rose 2.3% to a seasonally adjusted annual rate of 4.47 million in July, up from 4.37 million in June, according...
Bank Of New York Mellon Sues Former GE Mortgage Unit
The mortgage banking litigation carousel is taking another spin: Bank of New York Mellon Corp. has filed a lawsuit to force a former...
MBA: Refi And Loan Applications Down Last Week
Last week saw a drop in refinance activity and loan applications, according to data from the Mortgage Bankers Association's (MBA) weekly mortgage applications...
GOP Drops Mortgage Interest Tax Deduction From Party Platform
The Republican Party's presidential platform will not include a proposal to preserve the mortgage interest tax deduction. According to a Wall Street Journal...
Two New Reports Find Signs Of An Improving Housing Market
New figures from two leading housing industry data sources are pointing to an increasingly stabilized market. July home sales were 10.3% higher than...
Nevada Rejects Effort To Collect Real Property Transfer Taxes From GSEs
The Nevada Tax Commission has rejected a call to force Fannie Mae and Freddie Mac to pay the state Real Property Transfer Taxes...
New Director Named At FinCEN
The U.S. Department of the Treasury has named Jennifer Shasky Calvery as director of the Financial Crimes Enforcement Network (FinCEN). She replaces Jim...
Israel To Turn Army Bases Into Housing Tracts
Israel's ongoing housing shortage is being alleviated with the help of the nation's army, which has announced plans to transfer several of its...
CFPB Issues Proposed Rules For Mortgage Originators
The Consumer Financial Protection Bureau (CFPB) has issued proposed rules that it claims will assist consumers in understanding mortgage costs. 'Consumers have a...
July’s CREL CDO Delinquency Rate Down Slightly
July's delinquency rate for U.S. commercial real estate loan collateralized debt obligations (CREL CDOs) marked the third straight month of decline, according to...
FICO Announces Acquisition Of Adeptra
Minneapolis-based FICO has announced its plans to acquire Adeptra, a provider of cloud-based customer engagement and risk intervention solutions based in Reading, U.K.,...
HUD Debuts Online Platform For Sharing Housing Ideas
The U.S. Department of Housing and Urban Development (HUD) has launched Innovation of the Day, an online platform designed to collect and share...
More Steps From The Treasury To Wind-Down Fannie Mae And Freddie Mac
The U.S. Treasury has announced changes to the agreements between the agency and the Federal Housing Finance Agency (FHFA) - the conservator of...
Housing Starts Down In July
Single-family housing starts in July were at a rate of 502,000, which is 6.5% below the revised June figure of 537,000, according to...