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Results: 132 Articles found.
Nov 11, 2015 12:30 PM

Yellen: December Rate Hike a 'Live Possibility'

Federal Reserve Chair Janet Yellen's remarks to the House Financial Services Committee on Nov. 4 formally allowed the possibility of a rate hike when the Federal Open Markets Committee meets in December, HousingWire reported. The Fed has not raised interest rates since June 2006.

 
Nov 11, 2015 12:30 PM

Fed Sees Possible Commercial Real Estate Bubble

Eric Rosengren, president of the Boston Fed, expressed concern about the rapid rise in commercial real estate prices, noting in a Nov. 9 speech in Rhode Island, that investors are compensating for low rates by taking on too much risk in order to improve returns, MarketWatch reported.

 
Nov 11, 2015 12:30 PM

Despite Freddie Mac Quarterly Loss, No Aid Necessary

Freddie Mac's third-quarter loss was its first since 2011, but despite the shortfall, additional aid from the U.S. Department of the Treasury won't be needed, Bloomberg reported Nov. 3. Freddie has operated under federal conservatorship since 2008 and received $71.3 billion in aid; it regained profitability in 2012 and returned $96.5 billion to Treasury.

 
Nov 04, 2015 12:30 PM

CFPB Releases 2016 List of Rural, Underserved Counties

The Consumer Financial Protection Bureau on Oct. 29 released its updated list of the nation's rural and underserved counties, HousingWire reported. In September, the agency finalized changes to its mortgage rules to increase the number of financial institutions able to provide mortgages in rural and underserved areas.

 
Nov 04, 2015 12:30 PM

FHA Revising Condo Rules

The Federal Housing Administration is in the process of revising its condo rules, but the agency doesn't have a timeframe for completion, according to comments from U.S. Department of Housing and Urban Development Secretary Julian Castro at an Oct. 27 housing event in Washington, National Mortgage News reported.

 
Oct 28, 2015 12:30 PM

Report: Green DC Homes Sell for More Green

Washington homebuyers are willing to pay nearly 3.5 percent more for high-performance homes, according to a report authored by Sandra K. Adomatis, SRA, and released Oct. 22 by the Institute for Market Transformation and the District of Columbia’s Department of Energy and Environment.

 
Oct 28, 2015 12:30 PM

FHA Abandons Insurance Claims Deadline

The Federal Housing Administration reportedly will abandon its plan to establish a deadline for lenders and servicers to file FHA insurance claims, citing mortgage industry concerns, HousingWire reported Oct. 19. In July, the FHA had proposed a three-month claims deadline.

 
Oct 26, 2015 12:30 PM

Report: Appraisers, Homeowners Still Differ on Value Opinions

The disparity between homeowner and appraiser opinions of home values increased for the eighth consecutive month, mortgage lender Quicken Loans reported Oct. 13 in its Home Price Perception Index. However, September marked the first month the gap has narrowed since February.

 
Oct 21, 2015 12:30 PM

White House Rejects Idea to Recapitalize, Release GSEs

The White House on Oct. 19 said that it has no plans to support the recapitalization of government-sponsored enterprises Fannie Mae and Freddie Mac or release them from conservatorship, HousingWire reported. Officials said the only acceptable path is comprehensive housing policy reform.

 
Oct 21, 2015 12:30 AM

Beige Book: Residential, Commercial Activity Improves

Residential real estate activity has been positive in most Fed districts, with many reporting that moderately priced homes have outperformed those at the high-end of the market, the Federal Reserve reported Oct. 14 in its newest Beige Book. Commercial and multifamily activity also has improved in all 12 Fed districts.

 
 
Results: 132 Articles found.

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