By Diana Olick, CNBC Real Estate Reporter NEW YORK (CNBC) -- The Realtors say it, the home builders say it, and now the chairman of the Federal Reserve is saying it: "Some creditworthy borrowers are still having trouble getting a mortgage." Loose mortgage underwriting is largely blamed for the housing crash, and as a result the credit markets have swung in the opposite direction, some s
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Mortgage Market Still Hampers Housing Recovery
Posted by mortgage 8 days ago (Editorial)
Mortgage lender Equitable shows why banks love housing boom
Posted by mortgage 12 days ago (Editorial)
Loan losses going down, profits going up
?NeighborhoodLIFT? Program to Boost Florida Housing Market with $30 Million Investment
Posted by mortgage 12 days ago (Editorial)
Wells Fargo & Company , one of America?s leading community banks and the nation?s largest home mortgage lender, today announced that the NeighborhoodLIFTSM program, a major effort to help stabilize neighborhoods deeply affected by the foreclosure crisis, is coming to Florida.
Nevada's Housing Debt Outlook Gets Better
Posted by mortgage 13 days ago (Editorial)
Nevada had the second-highest mortgage delinquency rate in the nation in the first quarter at 11.16 percent, well above the national rate of 5.78 percent, TransUnion credit bureau reported Wednesday. While Nevada is still second only to Florida's 13.87
Kenya's Housing Finance to develop houses
Posted by mortgage 14 days ago (Editorial)
NAIROBI (Reuters) - Kenya's sole specialist mortgage lender Housing Finance will develop a housing project in the next two years to create additional income from properties aimed at low and middle income earners, it said on Wednesday. The east African nation of 40 million people has a massive housing deficit with annual demand at 250,000 units against supply of around 60,000 units. Housing ..
Fed Study Rejects Standard Explanations for Housing Bubble
Posted by mortgage 18 days ago (Editorial)
The most popular beliefs as to what caused the U.S. mortgage crisis and subsequent economic collapse are wrong, according to a new study by the Federal Reserve Bank of Boston.
Boston Fed: Housing crisis wasn?t industry?s fault
Posted by mortgage 19 days ago (Editorial)
The cause of the housing crisis wasn?t the financial industry deceiving mortgage borrowers and investors but instead overly optimistic beliefs about house prices, according to a research paper released by the Boston Fed.
Analysis: U.S. mortgage funds emerge even as housing stays weak
Posted by mortgage 23 days ago (Editorial)
The U.S. housing market may still be in the doldrums, but funds that are betting on big gains in mortgage-related investments are a hot ticket this year on Wall Street. A number of hedge funds, asset managers ...
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