-
Residential loan applications fell by almost 3% for the week ending Dec. 16, despite continued historically low rates, according to new figures compiled by the Mortgage Bankers Association(MBA).
December 21 -
Existing home sales increased 4.0% in November to a seasonally adjusted 4.42 million-unit rate, after a downwardly revised 4.25 million unit rate in October, the National Association of Realtors (NAR) announced Wednesday. NAR announced its benchmark revisions.
December 21 -
Financial analysts are unfazed by Moody's Investors Service's downgrade of MBIA and National Public Finance Guarantee Corp. (NPFG).
December 21 -
The Federal Housing Finance Agency (FHFA) is considering a plan that would help underwater homeowners who have filed for Chapter 13 bankruptcy protection.
December 21 -
The Federal Reserve has proposed to include conventional mortgages under ‘highly liquid assets’ for liquidity coverage ratio (LCR) purposes.
December 21 -
House Democrats are pushing back on the Federal Housing Finance Agency's (FHFA) move to block the city of Chicago from enforcing an ordinance that requires Fannie Mae and Freddie Mac to register their foreclosed properties with the city.
December 21 -
Fannie Mae released an updated Seller Guide that included a major change in its Home Affordable Refinance Program (HARP) rules yesterday.
December 21 -
Daniel Mudd, the former Fannie Mae CEO who is the subject of a new, massive Securities and Exchange Commission (SEC) fraud suit, announced Wednesday morning that he is taking a leave of absence from his current employer, Fortress Investment Group (FIG), New York.
December 21 -
Federal regulators on Tuesday disclosed one of the best kept secrets in town: how they planned to regulate the largest U.S. banks and what additional capital and liquidity firms would now need to hold.
December 21 -
It's been three long years since the GSE “buyback” wars commenced in earnest, and you would think by now the worst might be over. Well, think again.
December 21