Legislators want extension of debt forgiveness tax break

There are a number of tax breaks that could expire by the end of this year, and a few in particular might have a negative impact on homeowners if lawmakers don't vote to extend them.
There are a number of tax breaks that could expire by the end of this year, and a few in particular might have a negative impact on homeowners if lawmakers don't vote to extend them. [More]


CMBS delinquency rate declines in July

In the wake of the housing market collapse, the residential sector struggled to find it's footing, but commercial real estate continued to post promising numbers last month.
In the wake of the housing market collapse, the residential sector struggled to find it's footing, but commercial real estate continued to post promising numbers last month. [More]


Fewer young adults forming households

The rate of household formation declined considerably following the recession, and some age groups were more affected than others.
The rate of household formation declined considerably following the recession, and some age groups were more affected than others. [More]


Fraudulent activity on FHA-backed loans declines

Fraud was a major factor that contributed to the real estate bubble burst, but in the wake of the housing market collapse, this activity declined significantly.
Fraud was a major factor that contributed to the real estate bubble burst, but in the wake of the housing market collapse, this activity declined significantly. [More]


Fixed-rate mortgages edge higher

Recent housing market and economic improvements have added upward pressure to long-term Treasury bonds yields, pushing fixed mortgage rates higher for the fourth straight week.
Recent housing market and economic improvements have added upward pressure to long-term Treasury bonds yields, pushing fixed mortgage rates higher for the fourth straight week. [More]


More Americans making transition to homeownership

Even though property inventories continued to thin across the country last month, the sales rate of existing homes increased on both a month-over-month and annual basis.
Even though property inventories continued to thin across the country last month, the sales rate of existing homes increased on both a month-over-month and annual basis. [More]


Push for additional mortgage refinance initiatives

In an effort to assist homeowners saddled with negative equity, the Obama Administration announced it will renew efforts to implement a more widespread refinance program for struggling borrowers.
In an effort to assist homeowners saddled with negative equity, the Obama Administration announced it will renew efforts to implement a more widespread refinance program for struggling borrowers. [More]


Treasury announces new Fannie, Freddie dividend repayment plan

A number of industry groups and lawmakers have requested a reduction in the roles Fannie Mae and Freddie Mac play in the mortgage industry, and the Department of the Treasury may have finally answered these calls.
A number of industry groups and lawmakers have requested a reduction in the roles Fannie Mae and Freddie Mac play in the mortgage industry, and the Department of the Treasury may have finally answered these calls. [More]


Fewer mortgage mods completed in first half of 2012

Although hundreds of thousands of distressed borrowers capitalized on mortgage modifications so far this year to restructure their home loans into more favorable terms, activity was well below where it was a year earlier.
Although hundreds of thousands of distressed borrowers capitalized on mortgage modifications so far this year to restructure their home loans into more favorable terms, activity was well below where it was a year earlier. [More]


Mortgage activity edges lower, new regulations could cause further declines

A slowdown in both purchase and refinance requests caused a drop in mortgage application activity during the week ending August 10.
A slowdown in both purchase and refinance requests caused a drop in mortgage application activity during the week ending August 10. [More]