Jul 14th 2010 4:17PM
Figure you're protected from mortgage fraud because you have a conventional conforming loan? The analysts at CoreLogic say don't be so sure. According to their data, 1 in 200 mortgage applications for conforming loans include mistakes that could ultimately lead to default. The most common kinds of misrepresentations were... Continue Reading »
Jul 8th 2010 12:54PM
More than 7.3 million home loans are in some state of delinquency or foreclosure, and there's no end in sight. That's because the number of homeowners who are 90 days or more delinquent jumped 9.2 percent in May 2010 over May 2009, according to the Mortgage Monitor Report from Lender Processing Services (LPS). When you... Continue Reading »
Jun 24th 2010 10:54AM
It's been a rocky week for residential real estate, with many leading indicators plummeting into negative territory. The big question is whether we're headed for a double dip in home prices, or if the market will slowly stabilize. HousingWatch has gathered some of the top headlines from TV and print in the past 24... Continue Reading »
Jun 23rd 2010 12:57PM
Could a double dip in the housing market be on the way? That's what influential banking analyst Meredith Whitney told CNBC's Squawk Box yesterday. And while the news is not all gloom and doom, Whitney -- one of Wall Street's best-known bears -- sees what she calls some "scary" behaviors by consumers that will continue to... Continue Reading »
Jun 18th 2010 2:16PM
Mortgage modifications may not be the solution to the nation's housing problems, after all. Fitch Ratings predicts that 65 percent to 75 percent of modifications on subprime mortgages will redefault in 12 months. The redefault level predicted for prime loans that have been modified is slightly lower -- 55 percent to 65... Continue Reading »
< Previous Page | Next Page >
