FHFA calls on Congress to rework secondary mortgage market

Acting director of the Federal Housing Finance Agency Edward DeMarco, has recently called on Congress to make much needed changes pertaining to lending regulation within the mortgage industry.
Acting director of the Federal Housing Finance Agency Edward DeMarco, has recently called on Congress to make much needed changes pertaining to lending regulation within the mortgage industry. [More]


Mortgage fraud continues to impact national housing market

A recent report from Interthinx shows that the risk of mortgage fraud has remained elevated in the wake of the housing bubble burst, as it continued to trend higher during the fourth quarter.
A recent report from Interthinx shows that the risk of mortgage fraud has remained elevated in the wake of the housing bubble burst, as it continued to trend higher during the fourth quarter. [More]


New developments could strengthen Miami commercial market

A number of new real estate projects scheduled to break ground could soon change the face of the commercial real estate market in Miami, a report indicates.
A number of new real estate projects scheduled to break ground could soon change the face of the commercial real estate market in Miami, a report indicates. [More]


MBA: Late loans, foreclosures diminish in Q4 of last year

The final three months of 2011 saw the number of delinquent loans and foreclosures throughout the country decrease, according to a Mortgage Bankers Association report.
The final three months of 2011 saw the number of delinquent loans and foreclosures throughout the country decrease, according to a Mortgage Bankers Association report. [More]


Home loan rates remain the same for third straight week

Homebuyer affordability remained at the highest level it's ever been during the middle of February, as Freddie Mac reports both short- and long-term mortgage rates stayed at their all-time lows.
Homebuyer affordability remained at the highest level it's ever been during the middle of February, as Freddie Mac reports both short- and long-term mortgage rates stayed at their all-time lows. [More]


Jobless claims edge lower in mid-February

There were fewer jobless claims during the week ending February 11, according to a recent report from the Department of Labor.
There were fewer jobless claims during the week ending February 11, according to a recent report from the Department of Labor. [More]


Bernanke recognizes success among community banks

Federal Reserve Chairman Ben Bernanke recently announced that in wake of the government agency's decision to keep mortgage rates low until at least 2014, there should be greater affordability for prospective and current homeowners, as well as a boost for lenders' profitability.
Federal Reserve Chairman Ben Bernanke recently announced that in wake of the government agency's decision to keep mortgage rates low until at least 2014, there should be greater affordability for prospective and current homeowners, as well as a boost for lenders' profitability. [More]


Report: Consumers overwhelmingly select fixed-rate products when refinancing

More than 95 percent of refinanced loans in the fourth quarter of last year were for fixed-rate mortgages, according to mortgage records from Freddie Mac.
More than 95 percent of refinanced loans in the fourth quarter of last year were for fixed-rate mortgages, according to mortgage records from Freddie Mac. [More]


More households refinancing as inventory thins

Less mortgage application activity was recorded during the week ending January 10, the Mortgage Bankers Association reports.
Less mortgage application activity was recorded during the week ending January 10, the Mortgage Bankers Association reports. [More]


Mortgage delinquency rate inches higher

Recent mortgage data acquired by TransUnion indicated that the mortgage delinquency rate increased during the fourth quarter of 2011.
Recent mortgage data acquired by TransUnion indicated that the mortgage delinquency rate increased during the fourth quarter of 2011. [More]