Acting Federal Housing Administration Commissioner Carol Galante hinted at further changes in the FHA’s mortgage premium system on Wednesday, referencing revenue models that would complement the recently passed premium hikes for the agency’s

The Architecture Billings Index (ABI), one of the leading economic indicators of future construction activity, reported positive numbers yet again in January, marking the third straight month that the index has been in such territory, according to the most recent press release from

Federal Housing Finance Agency (FHFA) Acting Director Edward DeMarco offered a long-awaited vision for the U.S. mortgage market, sending Congress a new plan detailing a secondary mortgage market without the presence of Fannie Mae or Freddie Mac. In his

Things have been pretty good for builders the last couple months. After two years of sideways growth, construction activity has been charting upward, builder confidence has been rising, and, in the most positive news of all, there have huge increases in multifamily originations,

January marked the eighth consecutive month of positive home sales in Houston, with sales in the state increasing 9.2 percent from 2011 and 4.8 percent from December, according to the latest statistics from the Houston Association of Realtors

Existing-home sales rose by 4.3 percent from December to January, marking the third time in the last four months that the key housing measure has shown monthly gains, according to the latest data from the National Association of Realtors

A lawsuit involving lender Quicken Loans began its arguments before the Supreme Court today, with the future of closing fees that lenders charge hanging in the balance. Officially called Freeman v. Quicken Loans Inc., the case originated in 2007, when

The state attorneys general mortgage settlement received almost immediate criticism from homeowner and housing advocates alike after its Feb. 9 announcement, with common complaints being the limited reach of the settlement and the numerous consumer groups that were either

Short sales have rightfully earned a reputation of being slow, plodding and, in some occasions, maddening, but a new bill introduced in the Senate yesterday seeks to cut through all the red tape and simplify the process. Brought before

Throughout 2011, housing inventory had been on a steady decline, a development that should be welcome, given the constant analyses on the excess housing supply as a result of boom-era overbuilding. As details emerge over the nature of those

The White House and the Federal Housing Finance Agency (FHFA) are hard at work on a distressed housing program that would convert REO properties into investor-managed rental homes, and though the program seems to be going well in its initial

The White House’s REO conversion plan got a huge endorsement yesterday from analysts at Morgan Stanley, who predicted that the program could create more than one million new jobs. According to a HousingWire summary of the analysts’ findings, the

Hope Now recently released its State Loss Mitigation Data for December 2011, a wide-ranging report that studies the various components of the U.S. first-lien residential mortgage workout, such as delinquencies, foreclosure starts, completed foreclosure sales, loan modifications, and other

  Prudential Gray Greene Realtor partners, Marilyn Eiland and Mark Woodroof, are excited to announce that industry leader Dianne McCoy has joined the company in the newly created position of director of professional

The $26 billion mortgage settlement, despite its hefty price tag and extensive (if not laborious) composition, received its fair share of criticisms almost immediately after being issued, with housing advocates and community organizers railing against the settlement’s perceived shortcomings.

Mortgage delinquency rates in the fourth quarter showed improvement in the latest Mortgage Bankers Association’s (MBA) National Delinquency Survey, with a number of the nation’s home loan market offerings reporting some of the healthiest data in years. Jay Brinkmann, MBA’s chief