Recent Stories From this Author
Freddie’s Serious Delinquency Rate Drops Below 3%
May 24, 2013 Freddie Mac purchases of mortgage loans and securities fell 9% from March to $47.3 billion in April.
Freddie Mac Proposes Surcharge on Low Volume Lenders
May 24, 2013 Freddie Mac plans to impose an annual $7,500 surcharge on small seller/servicers starting Jan. 1.
A Disconnect On Qualified Mortgage Rule
May 24, 2013 The Consumer Financial Protection Bureau believes the final qualified mortgage rule won’t impinge on 90% of loans of being...
FHA Exhibits Dramatic Decline in Delinquency Rates
May 24, 2013 The Federal Housing Administration’s total delinquency rate has dropped by over 300 basis points since December 2011 to 14.68%...
KB Home Sees Higher Capture Rate with NationStar JV
May 23, 2013 Nationstar Mortgage is financing nearly 60% of KB Home’s new orders.
Fannie, Freddie Purchase Index Shows Prices Up 2% in 1Q
May 23, 2013 Home prices jumped 1.3% from February to March as the spring home buying season got off to a good start.
Freddie Mac Tests Securitizations of Modified Loans
May 23, 2013 Freddie Mac is starting to securitize modified single-family loans.
Builders Benefiting from Strong Sales and Rising Prices
May 23, 2013 New home sales rose 2.3% in April following an upward revision in March sales and prices rose at a fast pace.
Toll Brothers Finding Lots of Jumbo Loan Buyers
May 22, 2013 Toll Brothers is finding more buyers for jumbo loans, including a major insurance company.
Mark Zandi: Put-Back Risk, Regulatory Issues Hold Back Recovery
May 22, 2013 Mortgage lenders are still nervous about put-back risk and unresolved regulatory issues, which is holding back the lending and...