Recently added articles from Mortgage Banking:
Looking for a clearing.(Portfolio)(Editorial)
Oct 01, 2009; ... As October begins, there is no definitive sign the housing market's historic recession is behind us. The unemployment rate for September just inched up a notch to 9.8 percent, and job losses for the month were worse than expected. We are in seesaw mode--every few steps of improvement are ...
In November.(Correction notice)
Oct 01, 2009 ... We examine major trends in reverse-mortgage lending. ...
Existing-home sales slip in August, prices also fall.(Briefing Book)(Report)(Statistical data)
Oct 01, 2009 ... Existing-home sales slipped slightly in August from July's pace, but remain at a level that is 3.4 percent higher than one year ago. That was the latest report from the National Association of Realtors[R] (NAR), Chicago. Sales of existing homes in August 2009 were running at 5.1 million ...
Second HAMP servicer report card issued, Treasury testifies on results.(Briefing Book)(home affordable modification program)(Report)
Oct 01, 2009 ... Assistant Secretary for Financial Institutions Michael S. Barr, Treasury's point man overseeing the Home Affordable Modification Program (HAMP), testified Sept. 9 before a House subcommittee to share the latest findings on efforts to prevent foreclosures. In his testimony, he quoted ...
FHA commissioner announces steps to tighten credit policy.(Briefing Book)(Federal Housing Administration)(Law overview)
Oct 01, 2009 ... The new Commissioner of the Federal Housing Administration (FHA), David H. Stevens, tried to head off concerns about the expected results of its annual independent actuarial study by announcing a set of credit policy changes to tighten risk-management capabilities. Stevens also announced ...