While mortgage rates have teetered within a tight range, even a slight drop in interest rates was enough to boost mortgage applications.» Read More
Bank seizures of US homes fell in the third quarter but an upswing in default notices suggests foreclosures could start to rise again, a report by RealtyTrac said on Thursday.
Primex indices are getting hit hard, reports CNBC's David Faber. Primex indices allow investors to synthetically gain exposure to non-agency prime residential mortgage backed securities.
From falling home values and impaired labor mobility, to backed-up inventories and a flood of foreclosures, there are countless ways that real estate affects the economy at large.
Coldwell Banker surveyed its 12,000 agents to get their view on how the baby boomer generation is looking at the real estate situation. Jim Gillespie, Coldwell Banker CEO analyzes how the results play into the housing market.
The federal government will disburse just $432 million from a $1 billion program to help unemployed homeowners avoid foreclosure, a government official said Thursday. USA Today reports.
Details on the state of the real estate business, with Scott Schaevitz, Barclays Capital chairman in the investment banking division.
Discussing whether the housing sector will see a recovery, with Mark Greene, FICO CEO.
CNBC's Rick Santelli has the numbers from July on pending home sales.
The Securities and Exchange Commission is investigating Royal Bank of Scotland, Credit Suisse and other financial institutions for their handling of problem mortgage loans, according to public disclosures and people familiar with the matter. The FT reports.
I can't get off the phone with anyone I know without first having to hear about their particular mortgage story; Okay, maybe that's an exaggeration, but not that far off.
It was just hitting 105 degrees in Dallas when Phillip Carter herded a group of Australian investors onto a bus and headed out to see some previously foreclosed properties. Cowboy to cowboy, Carter tells them the Dallas market is ripe for profit, as rental demand surges and rents head higher. The difference in his business model is that the cash is ready to flow, immediately.
Given that the conservator of Fannie Mae and Freddie Mac, the Federal Housing Finance Agency (FHFA) has been wielding incredible power of late in deciding how much the two mortgage giants can and cannot charge in guarantee fees and whom they can and cannot refinance, it was particularly disturbing to learn the that same FHFA has been deemed, dare I say it, incompetent, at least in one of its oversight capacities.
Fannie Mae missed chances to catch law firms illegally signing foreclosure documents and its government overseer did not take the right steps to ensure Fannie was doing its job, according to a federal watchdog.
Many athletes who lost their earning power couldn’t keep up with their mortgage payments and were faced with foreclosure. Click to see the list of athletes with foreclosed homes.
CNBC's Diana Olick has the details on home prices down 3.3 percent over year in July, according to a government report on sales only of homes with Fannie and Freddie loans.
CNBC's Diana Olick reports on the rise in August home sales over last year's numbers; an increase in Las Vegas lodging, and the FHA is ramping up sales of its foreclosed homes.
CNBC's Diana Olick reports on the messy housing market and says mortgage default filings surge as banks accelerate the foreclosure process.
Mortgage rates hit new record lows and CNBC's Diana Olick shares details of today's realty check.
New foreclosure starts rose sharply in August, signaling a slew of foreclosed properties will be dumped on the already bloated housing market in early 2012.
CNBC's Diana Olick has the details of Fannie Mae's resale strategy to steady home prices around foreclosures, as well as minimizing losses on them.