Given that government-backed mortgages account for more than 90% of loans, the shrinkage in volume flow would critically hit the housing market. …read more

Home Depot CEO Frank Blake explained in an interview with CNNMoney how the company strives to improve in the housing industry by focusing on the core of retail. …read more

CEO of HomeDepot Frank Blake explained in an interview with CNNMoney how the company strives to improve in the housing industry by focusing on the core of retail. …read more

The U.S. Department of Housing and Urban Development and the U.S. Department of Veteran Affairs started a third round of HUD-Veterans Affairs Supportive Housing funding, bringing the total amount of vouchers supplied through HUD-VASH to 58,250. …read more

The eminent domain dispute is far from over. Actually, it’s just getting started. And now, it’s beginning to get interesting. …read more

Nevada lawmakers are stuck choosing between a speedy recover and protecting homeowner’s rights. Most recently, the state added additional foreclosure requirements for lenders, slowing the process down further. …read more

The level of commercial/multifamily mortgage debt outstanding increased by $24.5 billion in the second quarter, as three of the four major investor groups increased their holdings. …read more

Realtors, rather than lenders, drive the mortgage industry, wielding the coveted key to potential purchase business for lenders. …read more

New York housing court judge said that if a homeowner receives a foreclosure notice from their bank, they should stay in the house, arguing that the homeowner is still responsible for the home. …read more

A Massachusetts nonprofit is expanding into Maryland, helping former homeowners get back into their homes under more affordable loan terms. …read more

According to Blackstone, America is in the middle of an epic credit bubble, citing that the cost of a high yield bond on an absolute coupon basis is as low as it has ever been. …read more

Competition among buyers for homes dropped in August, showing the market is shifting away from the seller’s market that led the first half of the year. …read more

Some say there is no dynanicism in today’s economy. Others claim we’ve hit a speed bump. Nonetheless, everyone will agree the housing market is light years ahead of where it stood a year ago. But has the recovery cooled? …read more

The Federal Housing Adminstration will require a $1.7 billion bailout from the Treasury to cover project losses in mortgage-related programs, officials told Congress in a letter Friday. …read more

The effects of a government shutdown would seep into overall economic growth since businesses would hold off on investments and households delay spending. …read more

The Federal Housing Administration will require an infusion from the Treasury of at least $1 billion at the end of the month, and while this is no surprise, there are still takeaways to come from the situation on the agency’s state of affairs. …read more

Realtors Drive The Mortgage BusForbesAlmost every real estate office has an in-house lender representative on-site courting agents and buyers. Lender reps pitch Realtors at open houses, through real estate boards, at conventions, via e-mail, even good old face-to-face in person sales calls. and more …read more

Realtors Drive The Mortgage BusForbesAlmost every real estate office has an in-house lender representative on-site courting agents and buyers. Lender reps pitch Realtors at open houses, through real estate boards, at conventions, via e-mail, even good old face-to-face in person sales calls. and more …read more

Consumer sentiment fell to its lowest level in five months in September, as Americans saw higher interest rates and slower economic growth ahead. …read more

Rather than be apprehensive about Fed tapering, John Lipsky, formerly a senior official with the International Monetary Fund, said the selloff should be seen as what it does for the global economic outlook …read more

The deal, if happening — and it is — would be part of a larger consolidation trend in the specialty servicer market. …read more

Phillips Edison-ARC Shopping Center REIT Inc. Acquires Raley’s Grocery Store …PR-BG.com (прессъобщения) (press release)Red Maple Village is located in Tracy, California, approximately 20 miles southeast from Stockton, California. Raley’s is the No. 2 grocery store by market share in Stockton. Red Maple Village is currently 98.7 percent occupied. When combined with the … …read more

Southern community banks are feeling the pressure of weakening loan demand and low interest rates, which is added on top of increasing banking competition. …read more

Las Vegas Lands in HomeVestors Top Spot for Real Estate InvestmentPR-BG.com (прессъобщения) (press release)Other top 10 markets are Columbus, Ohio (number two), Indianapolis (number four) and Stockton, California (number seven). HomeVestors, also known as the “We Buy Ugly Houses

JPMorgan is looking to resolve as many probes as possible before the end of the third quarter on Sept. 30, with the CEO of JPMorgan Chase Jamie Dimon in talks with Attorney General Eric Holder to discuss settling legacy mortgage-backed security issues. …read more