Category — Housingwire
Freddie Mac multifamily property heads to special servicing
A Freddie Mac multifamily bond is running into some trouble in regard to the performance of one of t...
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February 22, 2012 No Comments
Fitch downgrades CMBS, including bond holding Credit Suisse US HQ
The lagging performance of certain commercial properties, including a bond containing Credit Suisse ...
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February 22, 2012 No Comments
Chicago Fed report shows housing still a drag on economy
The Federal Reserve Bank of Chicago said its national activity index remained positive for the secon...
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February 22, 2012 No Comments
Delinquency rate falls in January but foreclosure starts rise: LPS
The number of delinquencies on U.S. mortgages monitored by Lender Processing Services fell in Januar...
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February 22, 2012 No Comments
Confidence in economy wanes: Gallup
Americans overall remain confident about the economy, but optimism waned a bit in mid-February with&...
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February 22, 2012 No Comments
KBW analysts expect CRE growth to slow down in 2012
The slow recovery in the commercial mortgage market in the second half of 2011 will persist througho...
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February 22, 2012 No Comments
Fannie Mae says housing to boost GDP for first time in seven years
The housing market is expected to make a positive contribution to gross domestic product for the fir...
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February 22, 2012 No Comments
FHFA submits plan to build new secondary mortgage market
Federal Housing Finance Agency Acting Director Edward DeMarco sent a plan to Congress on how to fix ...
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February 22, 2012 No Comments
Houston home sales lift off 9.2%
Supported by a tumbling of the city's unemployment rate, home sales in Houston rose for the eighth c...
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February 22, 2012 No Comments
CFPB solicits feedback from small mortgage lenders
The Consumer Financial Protection Bureau formed a small business review panel to help the agency vet...
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February 22, 2012 No Comments
Hometrust expands to Southeast with MortgageAmerica acquisition
Houston-based residential lender Hometrust Mortgage Co. signed a deal to acquire MortgageAmerica. Th...
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February 22, 2012 No Comments
Grubb & Ellis files for bankruptcy
Commercial real-estate firm Grubb & Ellis filed for Chapter 11 bankruptcy protection as it faces...
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February 22, 2012 No Comments
Fannie Mae pays $100 million in legal fees for former exec in one case
Fannie Mae paid nearly $100 million in legal fees for three former executives between 2004 and Septe...
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February 22, 2012 No Comments
Home Depot profits rise 32% in 4Q
Home Depot's fourth-quarter profit rose 32%, boosted by the warm weather, which drove demand for bui...
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February 22, 2012 No Comments
GSE legacy assets could undermine new MBS issuance
The nation's top banks purchased $20 billion of agency mortgage-backed securities in the fourth quar...
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February 22, 2012 No Comments
Mortgage applications down 4.5% on slower home sales, refinancings
Mortgage applications fell 4.5% for the week ending Feb. 17 on lower refinance activity and fewer ho...
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February 22, 2012 No Comments
Toll Brothers reports 1Q loss on lower revenue
Toll Brothers swung to a loss in its fiscal first quarter, as the homebuilder's tax benefits were si...
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February 22, 2012 No Comments
Treasury shields HAMP dollars away from AG settlement
"Structuring the AG settlement credits this way makes it more...
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February 22, 2012 No Comments
Apartment vacancies in Colorado drop, rental rates rise
The apartment vacancy rate in Colorado fell to 5.6% in the fourth quarter from 5.8% a year earlier, ...
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February 22, 2012 No Comments
United Guaranty gets new CEO after Martinez promotion
United Guaranty, the mortgage insurance unit of American International Group is feeling the impact o...
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February 22, 2012 No Comments
Existing-home sales jump 4.3% in January, inventory level dips
Existing-home sales on all single-family homes, townhomes, condos and co-ops rose 4.3% during the mo...
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February 22, 2012 No Comments
