Foreclosure Filings Increase at Slowest Pace in Four Years
Foreclosure Filings Increase at Slowest Pace in Four Years
March 11, 2010 — Wall Street Journal
U.S. foreclosure filings rose 6% in February from a year earlier, the smallest increase in four years, according to RealtyTrac.
Severe winter weather temporarily slowed the processing of foreclosure records in some states.
FHA considers down payment requirements
March 10, 2010 — Washington Post
The Federal Housing Administration has concluded that its loan volume would have dipped by 40 percent in the next fiscal year and that 300,000 first-time home buyers would have been shut out of the housing market if it had raised its down payment requirements, as critics have pressured it to do, a top housing official plans to tell Congress on Thursday.
Fed recovers, gets new look as financial regulator
March 10, 2010 — Associated Press
WASHINGTON — The Federal Reserve, still dusting itself off from a fight that threatened to trim its powers, could emerge from a congressional overhaul of banking rules as the top cop over the nation's largest financial institutions.
Politics, shaky economy create no rush to restructure Fannie and Freddie
March 11, 2010 — Washington Post
The federal government has spent the past half year seeking to roll back its emergency efforts at propping up the financial markets -- with the notable exception of its involvement in mortgage giants Fannie Mae and Freddie Mac.
National House Prices Down for Sixth Consecutive Month: IAS
March 10, 2010 — DSNews
Marking the sixth straight month of declines, national house prices fell 2.3 percent in January, according to the latest IAS360 House Price Index (HPI) released Wednesday by Denver-based Integrated Asset Services, LLC (IAS).