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Results: 130 Articles found.
Aug 31, 2016 12:30 PM

Fixed Mortgage Rates Unchanged

Average fixed mortgage rates were unchanged during the past week, remaining near historic lows ahead of Fed Chair Janet Yellen's comments on a possible rate hike, Freddie Mac reported Aug. 25 in its Primary Mortgage Market Survey.

Aug 17, 2016 12:30 PM

Fannie, Freddie May Require Billions in Crisis Bailout

The Federal Housing Finance Agency on Aug. 8 released stress test results for government-sponsored enterprises Fannie Mae and Freddie Mac that showed the GSEs could need as much as $125.8 billion in bailout money during a severe economic downturn, Bloomberg reported. FHFA said the minimum bailout figure would be $49.2 billion.

Aug 17, 2016 12:30 PM

Six CRE Trends for Rest of 2016 Identified

Global economic and political uncertainties, the ever-changing retail sector and volatile energy markets are three of the key trends that will play significant roles in commercial real estate for the upcoming year, the Urban Land Institute reported Aug. 10. Other expected trends include steady interest rates and limited supply growth.

Aug 17, 2016 12:30 PM

Community Banks Remain Strong: White House Report

The White House Council of Economic Advisers on Aug. 10 released a report that showed community banks remained strong across a variety of measures - including lending growth and geographic reach - since the passage of the Dodd-Frank Act in 2010. The report noted, however, that branch consolidation is problematic.

Aug 10, 2016 12:30 PM

Fed: Banks Tightening CRE Loan Requirements

Banks continue to scrutinize commercial real estate loans, reporting that they tightened standards during the second quarter, which is the fourth consecutive quarter of such tightening, the Federal Reserve reported in its July Senior Loan Officer Opinion Survey on Bank Lending Practices. Banks reported that residential loan standards were mostly unchanged.

Aug 10, 2016 12:30 PM

Barclays Avoids Multimillion-dollar Subprime Suit

A lawsuit jointly filed by the Federal Housing Finance Agency and U.S. Bank that accused Barclays Bank and one of its subprime lending subsidiaries of misrepresenting the quality of mortgages in a $619 million bond was dismissed because it was filed beyond the statute of limitations, HousingWire reported July 26.

Aug 10, 2016 12:30 PM

CFPB Publishes 900-page Mortgage Lending Final Rule

The Consumer Financial Protection Bureau on Aug. 4 finalized mortgage servicing regulations to ensure borrowers are treated fairly, HousingWire reported. Included in the 900-page final rule are mandates that certain borrowers receive foreclosure protections more than once during the life of the loan and that foreclosure protections cover those inheriting property.

Jul 27, 2016 02:42 PM

Court Revives Freddie Mac Subprime Suit

A federal appeals court on July 20 revived a lawsuit filed by the Ohio attorney general that accuses Freddie Mac of defrauding the state’s $87.3 billion pension fund by failing to disclose risk to subprime mortgages, Reuters reported. A lower court had ruled that disclosure shortfalls didn’t prove monetary loss.

Jul 27, 2016 02:39 PM

‘Down-and-Out’ Neighborhoods Make a Rebound

Many so called “rough-and-tumble” neighborhoods have bounced back in recent years, as tight inventory and new construction has helped convince homebuyers to consider such neighborhoods, analytics firm RealtyTrac reported July 20 in its best of the “bad” neighborhoods report.

Jul 27, 2016 02:32 PM

White House Unveils Clean Energy Initiative

The White House on July 19 announced the Clean Energy Savings for All Initiative, a joint effort from the Environmental Protection Agency and the departments of Energy, Agriculture, Veteran’s Affairs, Housing and Urban Development and Health and Human Services to increase access to solar energy, promote energy efficiency and ensure homeowner access to solar options.

Results: 130 Articles found.

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