Astepahead

  Since the GSEs were seized by the government in late 2008, they have completed modifications on 849,000 mortgages. The sale of these assets is one option being discussed as part of the agency’s strategy to shrink Fannie Mae  and Freddie Mac portfolios. Edward DeMarco, acting director of the Fed...

Regional and state unemployment rates were generally little changed or slightly lower in April. Thirty nine states recorded unemployment rate decreases, three states and the District of Columbia registered rate increases, and eight states had no rate change, the U.S. Bureau of Labor Statistics re...

  More than four out of 10 (16.4 million or 43.7 percent) of those people who moved between 2009 and 2010, did so for housing-related reasons, such as the desire to live in a new or better home or apartment, according to data from the U.S. Census Bureau’s “Geographical Mobility: 2010”. Other rea...

The Statistical Abstract of the United States was created in 1878, and is viewed by many as one of the most authoritative and comprehensive summary of statistics on the social, political, and economic organization of the United States. The Abstract is a convenient volume for statistical referenc...

The Statistical Abstract of the United States was created in 1878, and is viewed by many as one of the most authoritative and comprehensive summary of statistics on the social, political, and economic organization of the United States. The Abstract is a convenient volume for statistical referenc...

During the first three months of 2011 there was a 44 percent increase in mortgage fraud case activity, according to the latest findings in the Mortgage Fraud Index from MortgageDaily.com. The index is based on mortgage fraud case activity tracked at the mortgage fraud blog FraudBlogger.com. The ...

Late payments on commerical property loans packaged into CDO's climed .7 basis points to 14.8%, and losses on commercial real estate loan collateralized debt obligations increased in April, according to Fitch Ratings. Asset managers reported approximately $164 million in realized losses from the...

  Daily Breakdown   05/09/11    Monday             5 05/10/11    Tuesday          16 05/11/11    Wednesday       9 05/12/11   Thursday          19 05/13/11    Friday                8   Total                                  57   Breakdown by Foreclosure type Commercial             3 Homestead    ...

As receiver for a failed financial institution, the FDIC may sue professionals who played a role in the failure of the institution in order to maximize recoveries. These individuals can include officers and directors, attorneys, accountants, appraisers, brokers, or others. Professional liability...

First quarter 2011 commercial and multifamily mortgage originations were 89% higher than during the same period last year, according to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. The 89 percent overall increase in commercial/...