Brian Collins

Builder Confidence Rises As Housing Starts Stall in May
June 18, 2013 The Census Bureau reported that single family starts rose to a 599,000 seasonally adjusted annual rate in May from a 597,000...

Move-Up Buyers Filling in for First-Time Buyers
June 18, 2013 Move-up buyers are responsible for a growing share of total home sales while first-time homebuyers continue to be hampered by...

Early FHA Defaults Fall to Lowest Level Since 1999
June 18, 2013 Less than 1% of FHA single-family loans originated in June 2011 through May 2013 are 90 days or more past due.

FDIC Announces Key Personnel Changes
June 17, 2013 The Federal Deposit Insurance Corp. has appointed Arthur Murton to be the new director of the Office of Complex Financial...

Ranieri Calls for Policies that Encourage Low Downpayment Lending
June 17, 2013 Tight credit is limiting economic growth and disenfranchising the vast majority of middle and lower income borrowers from...

MBA Seeks Fix for Reps & Warrants on GSE Purchase Loans
June 17, 2013 Fannie Mae and Freddie Mac have streamlined their refinancing requirements under the direction of the GSE regulator, but...

Rising Rates Could Keep Renters Out of the Purchase Market
June 14, 2013 The 30-year mortgage rate has increased nearly 50 basis points over the past five weeks, which has hurt refinancings. But...

Freddie Fee to Impact Small Banks
June 14, 2013 As the smaller GSE, Freddie Mac has traditionally been friendlier toward small seller/servicers than its larger competitor...

Booming Texas Markets Lead U.S. in Home Sales
June 14, 2013 Home prices in Texas have recovered from the housing downturn as they are now 7% above the pre-recession peak recorded in the...

California Foreclosure Sales Fall to Lowest Level Since 2007
June 14, 2013 Sales of California homes and condominiums rose 8% in May from the prior month, according to DataQuick.