A new report from Fannie Mae states that though summer is normally a popular time to buy or sell a home, this season’s strong housing and economic data may make it even better.
Read More »The Week Ahead: A Tale of Two Housing Markets
The existing-home sales report covering July was a stark contrast to the new home sales report from HUD and the Census Bureau for the same month. What will August's existing-home sales report hold? The industry will find out on Thursday, September 22.
Read More »Non-Prime Programs Make a Comeback
Non-prime mortgage origination programs that use securitization as a funding source are are not a simple re-branding of pre-crisis subprime loans.
Read More »Income Growth Outpacing Home Prices In Poorer Cities
Times might still seem tough, but income growth is moving at a faster pace than its ever been, particularly in lower-income areas based on numbers from the U.S. Census 2015 American Community Survey, released this week
Read More »MHA Report Shows Ocwen Leader in HAMP Programs
Ocwen Financial Corporation recently announced that according to the recently released U.S. Department of the Treasury MHA Report, they are the leader in helping struggling homeowners stay in their homes through HAMP.
Read More »KBRA Reflects on Financial Institutions Before Q3 Earnings Release
As U.S. markets near the release of Q3 2016 earnings for financial institutions, Kroll Bond Rating Agency (KBRA) notes that credit conditions continue to reflect a benign profile overall.
Read More »Outlook for Lender Profit Increased Significantly
Fannie Mae report that Q3 marked the third straight quarter in which lenders reported a net positive profit margin outlook.
Read More »Homeowners Regain Equity in Q2
The number of homeowners are in a negative equity position with their homes is dropping substantially every quarter.
Read More »Freddie Mac Intends to Sell Seventh STACR Offering
Freddie Mac recently priced the seventh Structured Agency Credit Risk (STACR) debt notes offering, according to a report from the GSE.
Read More »Loan Modifications Increase as Foreclosure Sales Decrease
HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors, has released its July 2016 loan modification data.
Read More »