The Federal Housing Administration’s Mortgagee Review Board (MRB) has announced a settlement agreement with a Massachusetts mortgage lender for failing to fully verify whether borrowers could sustain their mortgage payments prior to refinancing their

As the Federal government is in negotiations today to avoid an overall shutdown, the Nation Association of Realtors (NAR) has taken a look at what the potential shutdown would mean for the real estate

This morning, New York-based real estate data firm REIS Inc. announced that the nationwide apartment vacancy rate has fallen, an indication of the level of demand in the rental

More than 10,000 homes across the U.S. have earned LEED certification through the LEED for Homes program, according to the U.S. Green Building Council (USGBC). LEED-certified home projects span the residential market, from multi- and single-family, to market rate

By Tom Butala Tax Day 2011 is right around the corner, with Federal income tax returns due by Monday, April 18. Homeowners enjoy a major tax break at this time, but due to the tumultuous housing industry it may

Mortgage applications decreased 2.0 percent from one week earlier, while purchase applications spiked 6.7 percent to the highest level of the year, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending April

The Securities and Exchange Commission (SEC) yesterday announced that Wells Fargo Securities LLC agreed to settle charges that Wachovia Capital Markets LLC engaged in misconduct in the sale of two collateralized debt obligations (CDOs) tied to the performance of

While the housing industry celebrates New Homes Month in April, home builders want Americans to know just how much of a positive, direct impact residential construction has on the U.S. economy throughout the entire

Last week the FDIC and other Federal agencies proposed risk retention rulemaking and called for public commentary. Today RISMedia revealed some more details on the

According to the National Association of Realtors (NAR), sales of homes valued at one million or more dollars are up from the same time last

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury have released the March edition of the Obama Administration’s Housing

Illinois, Maryland, Missouri and Nevada – are considering legislation that would prohibit or restrict the use of distressed sales as comparable sales as a part of a residential real estate

Zillow announced yesterday the launch of the Zillow BlackBerry App for Research in Motion’s BlackBerry

The National Association of Realtors yesterday urged Congress to move cautiously when reforming government-sponsored enterprises Fannie Mae and Freddie

The Federal Housing Finance Agency has reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.79 percent based on loans closed

Six federal agencies are seeking comment on a proposed rule that would require sponsors of asset-backed securities (ABS) to retain at least 5 percent of the credit risk of the assets underlying the securities and would not permit sponsors