• Ocwen2.71+0.04 +1.50%
  • Zillow42.87-0.36 -0.83%
  • Trulia47+0 +0%
  • NationStar17.37-0.19 -1.08%
  • CoreLogic41.81+0.10 +0.24%
  • RE/MAX55.25-0.40 -0.72%
  • Fannie Mae2.81+0.08 +2.93%
  • Freddie Mac2.675+0.055 +2.099%
  • Wells Fargo53.02-0.72 -1.34%
  • CitiMortgage61.07+0.37 +0.61%
  • Bank of America24.00-0.07 -0.29%
  • Lennar50.39-0.60 -1.18%
  • Fidelity National Financial40.39-0.08 -0.20%
  • D.R. Horton33.07-0.18 -0.54%
  • PulteGroup22.75-0.27 -1.17%
  • First American41.66-0.40 -0.95%
  • BKFS39.10+0.20 +0.51%
  • AUDUSD=X0.7384+0.0006 +0.0745%
  • USDJPY=X113.2800-0.5410 -0.4753%
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Home >> News >> Data (page 556)

Renters: Owning a Home Top Priority

Renters: Owning a Home Top Priority

The National Association of Realtors released a survey this week showing strong support for the belief that homeownership is a credible and worthy goal, with 72 percent of renters surveyed agreeing that owning a home remains a top priority. The 2011 National Housing Pulse Survey signaled a 72 percent thrust among renters who want to own a home, a marked improvement from 63 percent last year. The survey revealed a backlash against the proposed Qualified Residential Mortgage rule, which critics charge will raise down payments by 20 percent.

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HUD Scorecard: Home Sales Rise, Prices Dip

HUD Scorecard: Home Sales Rise, Prices Dip

HUD and the Treasury Department jointly released the June edition of the Obama administration├â┬ó├óÔÇÜ┬¼├óÔÇ×┬ós Housing Scorecard, offering mixed results as home sales crested on a slight uptick and an oversupply of foreclosed properties remained in place. According to the Scorecard, existing home sales jumped slightly over June, trending from 25,100 to 26,900. Mortgage rates elevated the new home sales by staying low, with a number of borrowers refinancing their mortgages to recoup losses and boost their savings.

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Ginnie Mae Offloads $26B in MBS

Ginnie Mae Offloads $26B in MBS

According to a recent report, Ginnie Mae issuers put up over $26 billion in mortgage-backed securities for sale on the secondary market over the course of May, reflecting a 4 percent overall decline from April. HUD released a report indicating the placement of 99.5 percent of FHA-insured loans and 97 percent of VA-backed loans in Ginnie Mae packages over the course of 2010, with an end-point in September. Ginnie Mae also securitized $770 million worth in FHA-insured reverse mortgages and $1.6 billion in multifamily loans over the course of May.

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Homes Sales Fall in Massachusetts

Homes Sales Fall in Massachusetts

Home sales in Massachusetts fell by more than 25 percent over May in comparison with rates from the same month last year, while home prices shot up, interrupting a five-month-long trend, according to The Warren Group.

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Capital Partners Buys Real Estate Network

Capital Partners Buys Real Estate Network

On Wednesday real estate investment company C-III Capital Partners LLC inked its name to an agreement approving acquisition plans for NAI Global, a global network of commercial real estate firms, potentially bringing the firm, with assets valued at nearly $150 billion, up to speed as an increasingly competitive force.

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Freddie Mac Records 3.5% Drop in May

Freddie Mac Records 3.5% Drop in May

Freddie Mac reported the decline of its overall mortgage portfolio by an annual rate of 3.5 percent over May, signaling losses for the government-sponsored enterprise in a mortgage market the federal officials want to hand back to private investors. Issuing its monthly volume update, the GSE's origination volume for single-family refinance-loan purchases dropped to $13.3 billion over May, reflecting 58 percent of total mortgage purchases and issuances.

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Industry Insiders Respond to CFPB’s Nonbank Rule

Industry Insiders Respond to CFPB’s Nonbank Rule

On Thursday Consumer Financial Protection Bureau nominee Elizabeth Warren attended a virtual press conference, delineating six groups of nonbank companies that may soon fall under the agency's broad scope of authority. The agency is responsible for ensuring that both banks and nonbanks comply with consumer financial protection and fair lending laws, Warren said, reading from a prepared statement.

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