Mortgage debts took a turn for the better in the third quarter, as Freddie Mac reported that a large amount of refinancing homeowners were able to either maintain or reduce their mortgage debts. In total, 82 percent of homeowners

We all know housing is tough, right now. Media sources abound with new lows in construction, mortgage filings and existing-home sales. New data from JPMorgan Chase, though, as pinpointed by Investment News’ Jeff Benjamin, suggests that pent-up demand from potential

It’s been the saga of fall, with enough twists and turns to pilot a TV miniseries. First, the ceiling on federal loan limits fell on Oct. 1, ending a three-year expansion that raised the limit for FHA and other

CoreLogic released its latest Home Price Index, or HPI, earlier today, showing that home values declined on a month-to-month basis for the second straight time from August to September. Though the Case-Shiller Home Price Index, which is released the

Fannie Mae’s latest National Housing Survey finds homeowners in the U.S. are still uncertain about the future of housing and the economy, though a couple of indicators did maintain their numbers and resist declines. Conducted via telephone, the survey

Shaun Donovan, secretary of U.S. Housing and Urban (HUD), announced HUD is proposing new regulatory requirements for its HOME Investment Partnerships Program (HOME). Home was designed to produce affordable housing for low-income families and is the largest federal block

Unemployment remains high in America despite political efforts to improve the stats, leaving a high number of people finding ways to make ends meet and a rising number of formerly employed turning to self-employment. Many people are even leaving

Contrary to popular belief, first-time homebuyers are indeed alive and kicking; buying homes at essentially the same rate as they were before the first-time homebuyers credit stimulated demand two years ago. Data suggests that rates could be higher, however, if

The U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD) released the October edition of the Obama Administration Housing Scorecard, a detailed report on the nation’s housing

ActiveRain, the social networking site for Realtors, is more than a “Facebook for agents;” rather, it’s an important professional networking resource, one that can introduce agents to scores of valuable industry contacts. As such, it’s valuable to optimize your presence

According to a report from Reuters, recent comments by Department of Housing and Urban Development Secretary Shaun Donovan suggest that the government is considering new rounds of refinancing aid for American homeowners, beyond the recent revisions to the Home

A lawsuit filed by Illinois Attorney General Lisa Madigan against mega-bank Wells Fargo got the green light today from a state court judge. The suit, which was originally filed in the summer of 2009, alleges that Wells Fargo engaged

During the boom years, bigger and better was the mantra for everyone in the housing market, most of all developers. “McMansions,” as they were called, sprang up in suburbs across the country, and everybody seemed to have the financing

Seeking to debunk the conventional wisdom on detached homes, a new piece by Wendell Cox of New Geography, citing data from the 2010 American Community Survey, throws down the gauntlet on detached housing, claiming the housing type is not

Allied Home Mortgage Corporation and its CEO James Hodge were suspended today for fraudulent lending practices that cost the government hundreds of millions of dollars. The U.S. Department of Housing and Urban Development (HUD) is considering debarring Hodge and

According to new data from the U.S. Census Bureau, construction spending rose for the second straight month, in increasing 0.2 percent from August to September to a seasonally adjusted rate of $787.2 billion. Though the spending was 1.3 percent