Tag Archives: Government Mortgage

Higher mortgage rates may mean easier credit

(Read more: Mortgage delinquencies suddenly spike) It is likely no coincidence that standards are easing as rates rise and mortgage applications fall. Total mortgage applications were down 47 percent last week from a year ago. Refinances, which had been the … Continue reading

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Investors Sue Government Over Fannie, Freddie Stock

The lawsuit, filed in U.S. Court of Federal Claims, comes just as a new bill is being drafted in Congress to reform housing finance and potentially liquidate Fannie and Freddie. Sens. Bob Corker (R-TN) and Mark Warner (D-VA) have been … Continue reading

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US Pending Home Sales Tick Upward in March

“Contract activity has been in a narrow range in recent months, not from a pause in demand but because of limited supply,” said Realtors chief economist Lawrence Yun in a release. “Little movement is expected in the near-term sales closings, … Continue reading

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Government Mortgage Bailout Numbers Still Weak

Page 1 of 3 | Next PageShow Entire Article The US Treasury just released its latest “scorecard” on the state of the government’s housing bailout. The numbers are still weak, compared to the overall picture. In May, 32,398 borrowers got … Continue reading

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Does Private Mortgage Insurance Have a Place in the New Mortgage Order?

Page 1 of 2 | Next PageShow Entire Article It’s no surprise that the private mortgage insurance industry is fighting hard against proposed new risk retention rules for the mortgage industry. They are already trying to pick themselves up and … Continue reading

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