Mar 10, 2011 11:05AM 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 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...
 |