The Federal Reserve Bank of New York, as a part of what is commonly being referred to as “Operation Twist,” purchased $5.5 billion in mortgage-backed securities for the week of November

The robo-signing scandals of 2010 sent shockwaves through the lending industry, as national banks, burdened with the considerable weight of thousands upon thousands of foreclosures, short sales and other distressed properties, attempted to reconcile their balance sheets as quickly

After a brief sabbatical, the 30-year FRM is back in familiar territory, falling below 4 percent for the second time in as many months. Motivated by the Federal Reserve’s “Operation Twist,” which involves the Fed buying billions of dollars

Houston recently gained its first solar powered home, and now, the city can boast that 100 percent of energy it produces is renewable. The owner of the solar powered home, Barbara Byrd, attended the annual Sustainable Living Festival in

A new report from a finance professor predicting the coming insolvency of the Federal Housing Administration has some government officials and analysts spooked, according to a new report from The Wall Street

Members of the Texas Association of Realtors are getting a new perk – free virtual

In a move that seems to confirm the ever-increasing importance of multifamily housing in the current housing market, the federal government is removing several state regulations that will make it easier for developers to build federally-subsidized multifamily homes, according

Foreclosures in October for the Houston area fell by 11 percent from September and more than 25 percent from October 2010, according to new data from RealtyTrac cited in a Biz Journals piece. In total, banks and lenders filed 3,044 foreclosures

Fannie Mae and Freddie Mac released earnings and inventory statistics a couple days ago, and the data suggested a substantial decline in REO properties for the GSEs. Counting FHA properties, the GSE’s REO inventories decreased to 226,961 at the

The Champions office of Prudential Gary Greene, Realtors raised more than $33,000 for the Sunshine Kids Foundation, a nonprofit that provides free emotional support and group activities to young cancer patients, at the “Fall Fest at the River” event

Property management company RealManage won at the 2011 Houston Awards in the Real Estate Managers category. The company was chosen as the winner by the U.S. Commerce Association

Speculations of the Federal Reserve’s coming quarterly report entail fears that the European debt crisis may have a strong, adverse impact on foreign bank lending in the United States. The fourth quarter senior loan officer survey report, which is

The federal government’s long-awaited revisions to the Home Affordable Refinance Program, or HARP 2.0 as it’s been called by the press, primarily work through offering underwater homeowners a chance to refinance their loans, but recent agreements between the government

The National Association of Realtors (NAR) recently worked alongside policy leaders, industry representatives, congress members and the media in an effort to present ideas and formulate recommendations on a strategy to aid the housing market, create jobs and stimulate

Mortgage debts took a turn for the better in the third quarter, as Freddie Mac reported that a large amount of refinancing homeowners were able to either maintain or reduce their mortgage debts. In total, 82 percent of homeowners

We all know housing is tough, right now. Media sources abound with new lows in construction, mortgage filings and existing-home sales. New data from JPMorgan Chase, though, as pinpointed by Investment News’ Jeff Benjamin, suggests that pent-up demand from potential