Thursday, March 10, 2011

Housing Finance: Credit Policies Dictate Private Demand

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Mar 10, 2011 11:05AM

Housing Finance: Credit Policies Dictate Private Demand

The Acting Director of the Federal Housing Finance Agency (FHFA) said this week that risk management is not the only relevant consideration in reforming the nation's housing finance system. Edward J. DeMarco, speaking to the 12 Annual Risk Management Convention, said, however, that the characteristics of the government's role in housing and the reform framework that is eventually put in place will define the degree of certainty market participants have regarding their own risk exposure in housing...

Mar 10, 2011 2:56PM

Fewer Default Notices in February. Home Repos Restricted

Foreclosure filings of all types continued to decline during February, with 225,101 filings of all types recorded on U.S. properties during the month. This is a 14 percent decrease from January and is 27 percent lower than the same period a year earlier. According to RealtyTrac's US Foreclosure Market Report released on Thursday, that year-over-year decrease is the largest recorded by the company since it began keeping records in 2005. A foreclosure filing was reported on one out of every 577 U.S...


Micro News

5:14 PM:

Loan Pricing Update: Best Since January 31st

5:06 PM:

House Votes to End FHA Short Refi Program. Senate Vote Pending

5:01 PM:

Week Ends With Busy Morning Of Econ Data

3:40 PM:

Credit Suisse Settles Subprime Case for $70Million

12:54 PM:

Philly Fed to Hold Webinar on Originator Compensation

11:54 AM:

FHA Commish David Stevens to Resign

10:35 AM:

Bernanke on International Trade and Job Creation

8:42 AM:

NAHB Identifies Top Counties for Home Remodeling

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Today's Comments

Adam Quinones

"THE MBS LEDGE: Lenders have moved the Best Execution 30-year fixed note rate as low as they possibly can without drastically altering their pipeline hedging..."

josh darrimon

"AARP does having standing, it's called organizational standing. In Hunt v. Washington State Apple Advertising Comm'n, 432 U.S. 333, 343 (1977), the..."

Bob V-G

"Nice post MG. Hope we see the 3.31 before the 3.70----"

Today's Q&A

Anonymous

"How do i send extra payment to morgage towards principle only..."

Anonymous

"If my agent is selling my home and showing me my new home how..."

Anonymous

"What is the quickest and easiest way to transfer complete ownership..."

Today's Forum Discussions

tracy obeldobel

"I purchased my home 2 years ago. Bought it as a short sale, but appraised higher. Estimating home value between 80-90K. Owe 55K on first. I am looking..."

Anonymous

"What does it mean to buy "As is"?"

Troy  Marshall

"I am looking to become a broker with someone that do not require appraisals for VA IRRL Streamline loans."