New homebuyers are seeking homes near growing job centers and with lower prices. Which state had the most markets in the top 10 hottest neighborhoods list?
Read More »Housing Starts: Strongest Year Since 2007
Even with the increase, and the best year for housing starts in nearly a decade, more is needed in order to overcome the ongoing shortage of available homes for sale, according to one economist.
Read More »Rising Mortgage Rates Leave First-Time Buyers Timid
The percentage of prospective buyers who plan to purchase in the spring has tumbled significantly since last year at this time, according to one survey.
Read More »FHA Premium Cuts Could Spur Savings, but is That All?
The Federal Housing Administration's recent move to reduce mortgage premiums tends to have a stronger effect on the market than monthly savings, according to one analysis.
Read More »Will Higher Home Loan Purchases Continue into 2017?
Home loan purchases made up more than half of all closed loans at the end of 2016, according to the latest data. Will this trend keep up?
Read More »Credit Suisse Becomes the Latest to Settle
The Swiss-based bank became the third firm in a week to settle with the Department of Justice for conduct related to mortgage-backed securities leading up to the crisis.
Read More »Builder Confidence Levels Out Following Spike
December was a banner month for builder confidence in the single-family housing market as builders anticipated regulatory relief from the incoming administration. What happened to builder confidence in January?
Read More »Fannie Mae No Longer Has Automatic Path to Federal Court
The U.S. Supreme Court ruled on Wednesday that Fannie Mae cannot automatically bring state lawsuits to federal court, reversing an earlier decision by the Ninth Circuit Court.
Read More »Senate Democrats Praise CFPB Director’s Record
As speculation persists that President-elect Donald Trump will fire Consumer Financial Protection Bureau (CFPB) Director Richard Cordray once Trump takes office, lawmakers on both sides of the aisle are pleading their respective cases as to why Cordray should either stay or go.
Read More »HARP-Incentivized Borrowers are Concentrated
Nearly a quarter of a billion borrowers nationwide are eligible and have an incentive to refinance through the FHFA's Home Affordable Refinance Program, which is scheduled to expire later this year. And more than half of them are located in 10 states.
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