News / Features
Freddie Mac released the results of its Primary Mortgage Market Survey today, which shows both fixed and adjustable mortgage rates are reaching all-time record lows, providing even further incentive for homeowners looking to
According to a New York Times report published earlier today, the U.S. Justice Department is investigating Standard & Poor’s (S&P), the nation’s largest credit ratings agency, for its questionable ratings of risky mortgage-backed securities in the run-up to the
The National Association of Realtors (NAR) has raised $7.5 million for an multiple listing services (MLS) licensing agreement that will allow MLSs and Realtor associations full access to valuable property listings without legal
With new data on housing starts out recently and July sales data on the horizon, economists and journalists are debating what role housing plays in the U.S. economic
The National Association of Realtors announced in a recent report that its Housing Affordability Index, the 41-year-old index that measures household purchasing power, was at its third highest level ever after the first quarter of
Freddie Mac released its Quarterly Product Transition Report today, and the report contained several findings on home refinancing, most notable that in the second quarter of 2011, fixed-rate loans accounted for about 95 percent of refinance
The Department of Commerce released data today on housing starts, showing a housing market that, despite some low numbers, is showing signs of
The Federal Reserve Bank of New York today released its latest report on consumer credit, stating that credit continues to improve in the wake of the 2008 economic
In an effort to combat the frequently negative reports on the U.S. housing market, the National Association of Home Builders (NAHB) is crafting a new index that emphasizes growing and positive aspects of the
America’s real estate market could be on an “unsustainable path,” faced with an oversupply of homes inaccessible to either renters or buyers. That’s what three Morgan Stanley analysts argue in a recent paper that outlines steps that can be
Standard and Poor’s Rating Services (S&P) recently downgraded Fannie Mae’s and Freddie Mac’s credit rating from AAA to AA+ because it’s linked to the long-term debt of the U.S. S&P previously downgraded the U.S.’s credit rating to AA+ as
Freddie Mac reported $27 million in expenses for maintaining and reselling REOs in the second quarter, as opposed to the $257 million reported for the previous
Despite the nation’s credit downgrade, the Federal Housing Finance Agency assured investors that securities issued by the Treasury and other government-sponsored enterprises (GSE) are still
After losing $8.7 billion in the first quarter, Fannie Mae has reported a loss of $5.2 billion in the second quarter. Fannie Mae still owes the Treasury $104.8 billion, but now the Federal Housing Finance Agency is requesting another
Earlier this year, CIVIX-DDI, LLC sued Realtor.com and subsequently the Multiple Listing Services by way of the National Association of Realtors (NAR). The suit with Realtor.com named CIVIX’s patent on ““systems and methods for remotely accessing a selected group
Earlier this year, Federal Housing Association (FHA) seemed to be in a steep hole when it came to the REO inventory. However, a recent report shows that FHA has sold a record number of REO in June, breaking the