The market for federally insured home purchase mortgages grew riskier in December, garnering worry from analysts concerned about the government's recent efforts to expand mortgage access. In its latest National Mortgage Risk Index (NMRI), the American En...
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The U.S. housing market grew slightly more stable from October to November, with 15 states now on solid ground, according to Freddie Mac. The company's monthly Multi-Indicator Market Index (MiMi) improved 0.35 percent month-over-month in November to a re...
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U.S. Representative Ed Royce (R-California), a senior member of the House Financial Services Committee and a member of the Capital Markets and GSE Subcommittee and the Housing and Insurance Subcommittee, has introduced the Pay Back the Taxpayers Act of 20...
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Four years into a $1 billion foreclosure prevention plan, Florida is not getting enough money into the hands of struggling homeowners and has enrolled fewer than 100 people into one of its five programs, according to a quarterly report to Congress on the ...
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If investors are getting into your local real estate market by participating in online auctions in your area, then get ready to see increased levels of flipping in the coming months. According to Auction.com's "Real Estate Investor Activity Report," risin...
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The Office of the Comptroller of the Currency (OCC)released its list of Community Reinvestment Act (CRA) performance evaluations that were made public during the month of December 2014 for 30 financial institutions. The 30 financial institutions that rec...
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Many analysts warned at the beginning of last year that gains in real estate investment trusts (REITs) were going to slow in 2014. Fortunately for investors who love these investment vehicles, REITs came through yet again, yielding returns that totaled 27...
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Reverse mortgage companies are gearing up for a productive 2015 thanks to rising growth in senior home equity. According to the Federal Housing Finance Agency (FHFA), senior homeowners now have 30 percent more equity in their homes, on average, than they ...
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Palm Beach County home sales ended 2014 with a 20 percent gain in closed deals, but a December dip in prices may foreshadow a year of single-digit appreciation. The median sales price for an existing single-family home in Palm Beach County last month was...
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Despite all of the positive media spin out there proclaiming that the housing market has made a full recovery, President Barack Obama left real estate almost entirely out of his 2015 State of the Union Address this past Tuesday. While the omission may be,...
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