Seniors will have to look for another way to fun their retirement, as the government cuts one source of income for them: the reverse mortgage program. …read more

According to the president of the Chicago Federal Reserve Bank, there is a decent chance the Fed will start tapering this year. However, there are certain risks that could push it back until next year. …read more

America’s Fastest-Growing Counties: The ‘Burbs Are BackForbesFor nearly a half century, the death of suburbs and exurbs has been prophesied by pundits, urban real–estate interests and their media allies, and they ratcheted up the volume after the housing crash of 2007. The urban periphery was destined to become … …read more

In the latest installment of Friday Funding, we sit down with Scott Henley, senior vice president of correspondent lending with Gateway Mortgage Group, to discuss how the lender maintains a personable rapport with its clients while still growing. …read more

In the latest installment of Friday Funding, we sit down with Scott Henley, senior vice president of Correspondent Lending with Gateway Mortgage Group to discuss how the lender stay personable with its clients while still growing. …read more

As is the trend with housing reports lately, housing stocks saw strong fluctuation on Thursday on the HW 30 index. The index as a whole dipped a very slight 0.03% as a whole. …read more

While rumor has it the FHA will require a first-time Treasury draw this year, industry analysts are cautioning the industry not to buy into those reports just yet. …read more

A case involving Bank of America’s pending $8.5 billion mortgage-backed securities settlement is on hold until Nov. 14. …read more

CSER Economy Watch September 2013The Sacramento PressCalifornia’s annual job growth dropped to 1.4 percent in August 2013, reflecting a gain of about 203,000 jobs. … Both Stockton and Solano have experienced dramatic declines in recent months following a period when they were among the strongest … …read more

Royal Park Investments SA/NV sued Credit Suisse Group in New York this week for allegedly making false and misleading statements about mortgage-backed securities sold off to investors. …read more

Fannie Mae is in the midst of preparing its first securities sale in a deal that allows the GSE to effectively share the risk of homeowner default with bondholders. So far, the first Fannie risk-sharing sale looks to offer better terms than Freddie Mac’s. …read more

PBS NewsHour A supply-side nightmare scenarioPBS NewsHourBorrowers were sought everywhere, in governments, corporations, real estate and households. Capital on Steroids … Recent municipal bankruptcies in cities such as Stockton and San Bernardino, California, are the aftermath of such practices. Cheap … and more …read more

PBS A Supply Side Nightmare ScenarioPBSBorrowers were sought everywhere, in governments, corporations, real estate and households. Capital on Steroids … Recent municipal bankruptcies in cities such as Stockton and San Bernardino, California, are the aftermath of such practices. Cheap … …read more

Three out of 10 Americans are unlikely to qualify for a mortgage, despite historically low interest rates and record levels of affordability. …read more

A trial in which the government is accusing Countrywide, now part of Bank of America, of selling toxic loans to Fannie Mae and Freddie Mac kicked off this week. Attorneys launched the case, noting that Countrywide’s “Hustle” program passed off significant amounts of loans, failing to accurately reflect their overall quality. …read more

The U.S. government left its estimate for economic growth in the second quarter unchanged this week. Meanwhile, prices for goods and services purchased by U.S. households fell for the first time in four years. …read more

CoreLogic appointed Olumide Soroye as managing director of CoreLogic Information Solutions, where he brings thorough experience in leadership and driving product innovation. …read more

Foreclosure activity continues to plummet across the nation as new foreclosure figures drop and delinquent mortgage activity subsides from year ago levels. …read more

Federal Reserve Governor Jeremy Stein says the Fed’s tapering of mortgage-bond purchases should be more closely link to economic data, including the U.S. jobless rate. …read more

Talks of a settlement between JPMorgan Chase and the Justice Department are in full swing, as JPMorgan CEO Jamie Dimon arrived at the DOJ Thursday morning to meet with Attorney General Eric Holder. …read more

Critics are bashing QE’s continuation, but the signs show the Fed may be right. The economic numbers do not support tapering. Outgoing Chair Ben Bernanke long argued that monetary policy is designed currently to avoid another slide back into recession. …read more

The housing market is now two-thirds of the way back to normal, according to Trulia’s latest Housing Barometer report. While existing-home sales have finally found their way back to their long-term normal level, construction still lags significantly. …read more

Consumer confidence continued to climb over the past three weeks as Americans became more optimistic about their future finances. …read more

It’s no surprise that better school districts usually are coupled with bigger, pricier homes, but just how much more might be a surprise. …read more

The net worth of U.S. families and nonprofit organizations hit $1.3 trillion in the second quarter as rising home values and gains in the stock market helped lift individual balance sheets. …read more