As the FHA reserves are depleted with a growing number of mortgages delinquent or in foreclosure, a bailout could spell trouble for the recovery of the...
After the massive mortgage settlement between federal and state agencies with the big banks, can the government continue suing the banks, or are they protected under...
As banks play the blame game and point fingers at servicers, one city has had enough, and is taking action for allowing abandoned homes to be...
New reports reveal that jumbo loans that are underwater are nearly impossible to refinance, leaving some homowners feeling alienated.
As the volume of mortgage application activity finally increases, the share of refinance volume continues to decrease, according to new data from the Mortgage Banker's Association.
Insurance policies are not often pointed to as the problem with housing, but one news outlet says homeowners are being pushed off of the foreclosure cliff...
Foreclosure filings down According to RealtyTrac, foreclosure filings and repossessions for 2011 dropped to their lowest level since 2007, down 33 percent for the year to...
Fannie Mae CEO on his way out Today, after 20 years with the organization, Fannie Mae said in a statement that CEO Michael Williams is resigning...
After a long wait, CoreLogic has put its massive database of consumer data to work, announcing the CoreScore, a new type of credit file that supplements...
2011 Buyers and Sellers Survey The 2011 National Association of Realtors® Profile of Home Buyers and Sellers surveyed 5,708 home buyers and sellers and discovered interesting trends in...
Mortgage habits of home buyers The 2011 National Association of Realtors® Profile of Home Buyers and Sellers surveyed 5,708 home buyers and sellers and revealed that the number...
Rates sliding again According to the Freddie Mac Primary Mortgage Market Survey (PMMS), the average fixed-rate mortgage hovered at their lowest point while adjustable-rate mortgages averaged...
606 count indictment allegations Two title officers, Gary Trafford and Gerri Sheppard who are said to work for Lender Processing Services (LPS) are the subject of...
Winding down Fannie and Freddie “responsibly” Tennessee Senator Bob Corker has announced a bill he is introducing in an effort “to get a conversation going” that...
Good news for real estate The Mortgage Bankers Association (MBA) is reporting that despite the downward trend of weeks previous including a 15 percent drop last...
Rough week for lending For the week ending October 14th, mortgage application volume dropped 15 percent from the week prior- a week that was part of...
Mortgage application volume Although mortgage applications rose slightly by 0.6 percent last week over the prior week, according to the Mortgage Bankers Association, refinances now account...
240 lenders under fire The Federal Housing Administration’s (FHA) Mortgagee Review Board (MRB) has announced that it will punish 240 FHA-approved lenders for violations and failing...
Mortgage applications are down For the fourth week in a row, the Mortgage Bankers Association is reporting that their seasonally adjusted index of mortgage application activity...
Merging Fannie and Freddie Today, legislation was introduced by Republican Representative Gary Miller of California and Democratic Representative Carolyn McCarthy of New York to merge Fannie...
Only two thirds of America could get a home loan Obtaining financing is frequently cited as one of the most difficult obstacles in the modern real...
Consumer Financial Protection Bureau changes It’s Friday May 20, 2011- 1 day before the earth is blown up. Did you pay your Comcast bill? The Consumer...
Banks and lenders with new requirements It has been a dramatic year in the lending industry with changing requirements[1], news that half of the housing market...
Ripple effect of a bad economy According to the Mortgage Bankers Association, there were over 505,000 mortgage employees in America in 2006. Today, they say there...
Mint.com’s expanding finance tool Personal finance tool, Mint.com, best known for their mobile application has spent considerable time adding partners to their offering in an effort...
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