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Results: 118 Articles found.
Aug 05, 2015 12:30 PM

Mortgage Rates Drop as Foreign Markets Disappoint

Average fixed mortgage rates dropped during the past week as foreign markets - particularly China - reported disappointing economic performance, Freddie Mac reported July 30 in its Primary Mortgage Market Survey.

Aug 05, 2015 12:30 PM

House Committee Says Dodd-Frank Hurting Recovery

The House Financial Services Committee held a hearing July 28 to review the nation's economic prosperity in the five years since Dodd-Frank was enacted, with committee Republicans saying the law's regulatory burdens have done more harm than good, HousingWire reported.

Aug 05, 2015 12:30 PM

CFPB Asks Mortgage Industry to Stop Using MSAs

The Consumer Financial Protection Bureau reportedly is concerned about the business model behind marketing services agreements and wants mortgage lenders to stop using them, HousingWire reported July 30. The CFPB recently has fined lenders for alleged kickbacks and other MSA-related violations.

Jul 15, 2015 01:08 PM

Industry Groups Join Fannie, Freddie to Create Advisory Group

Multiple trade associations joined Fannie, Freddie and Common Securitization Solutions, the company formed by the government-sponsored enterprises to help design and implement a single security, to create an industry advisory group to provide feedback on single-security development, HousingWire reported July 8.

Jul 15, 2015 12:30 PM

Study Shows Housing Value in Every US County

New York City's five counties account for less than 1 percent of the nation's total land area but constitute 5 percent of its housing value, analytics firm Metrocosm reported July 7 in a series of cartograms that track housing values by U.S. county.

Jul 15, 2015 12:30 PM

White House Introduces Tougher Housing Segregation Rules

The White House on July 8 announced new rules that will require cities and localities to account for how they use federal housing money to reduce racial disparities or face possible penalties, The New York Times reported. The rules seek to enforce the civil rights-era fair housing law that prohibits overt residential discrimination.

Jul 08, 2015 12:30 PM

CalPERS Pension to Sell $3 Billion in Real Estate Holdings

The California Public Employees’ Retirement System, the nation’s largest pension, intends to sell up to $3 billion of its real estate portfolio as part of a broader cost-cutting plan, Bloomberg reported June 30. The $303 billion fund could sell up to12 percent of its $25.5 billion commercial real estate holdings.

Jul 08, 2015 12:30 PM

Small Lender Loan Purchases Rise as G-fees Drop

The percentage of loans that Fannie Mae and Freddie Mac purchased from small lenders grew significantly in 2014 as the guarantee fees they charge small lenders decreased, the Federal Housing Finance Agency reported June 30. The government-sponsored enterprises charge lenders G-fees as compensation for guaranteeing timely payment of principal and interest.

Jul 08, 2015 12:30 PM

Coalition Challenges Corporate Sustainability Standards

A coalition of real estate stakeholders sent a letter June 30 to the Sustainability Accounting Standards Board challenging its attempt to create corporate reporting standards for property companies’ sustainability efforts. The letter noted that the proposed standards seem inconsistent with current economic and market trends driving sustainability programs.

Jul 01, 2015 12:30 PM

Report: Risk of Valuation Fraud Up, Mortgage Fraud Down

The overall risk of mortgage fraud, which includes valuation, identity, occupancy and employment/income fraud, dropped 4 percent between 2013 and 2014, but the specific risk of valuation fraud increased 17 percent during the same reporting period, analytics firm Interthinx reported June 25 in its Mortgage Fraud Risk Report.

Results: 118 Articles found.

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