Housing starts increased in January of 2012 by 1.5%.  This is the highest level since October 2008.On a seasonally adjusted basis, this number moved up to 699K from 689K for December 2011, which was actually revised up by 3...

The aftermath of the housing recession created many distressed properties in large metropolitan areas such as Las Vegas and Miami. Some properties fell at such astronomical rates that investors had lost all confidence in the market. During the worst of...

Lenders who are not willing to give loans to potential borrowers meeting underwriting guidelines set by Fannie Mae and Freddie Mac are actually slowing down United States economic recovery according to Chairman Bernanke....

In fourth quarter of 2011, we witnessed yet another drop in house values.  According to Zillow the home prices fell 1.1% from the previous quarter. This obviously sugests that the housing market has yet to reach its bottom.Home...

Foreclosures in December of 2011 declined year-over-year to 55,000 from 67,000. The foreclosure drop has been in the midst of recent months' news about the regulation regarding robo-signing, including a projected settlement resulting from the litigation b...

Mortgage servicers provided more than 1 million homeowners with mortgage loan modifications in 2011 which is actually down quite a bit (40% to be exact) from 2010.  This information was release by the Hope Now Organization.The actua...

The concept of mortgage insurance helped bring a lower down-payment to mortgage lending and helped bolster home ownership during our generation. The purpose of mortgage insurance is clear. It allows a conventional lender to...

Interest rate markets started a little better this morning with stock indexes in the US weaker and selling in the Europe stock markets. Europe's purchasing managers. Data out in Europe was weaker than estimates and still...

Loss Mitigation 101 Know Your Loss Mitigation Options: 1.What is a Forbearance with Loss Mitigation With this loss mitigation option, you and your mortgage company agree to temporarily suspend or reduce your monthly mortgage...

<div class='wdgpo wdgpo_standard_count'><g:plusone size='standard' count='true' href='http://brendanfontaineblog.com/?p=535' ></g:plusone></div> The number of...

The U.S. Census Bureau and the Department of Housing and Urban Development's new residential construction statistics for January show privately-owned housing starts rose to a seasonally adjusted annual rate of 699,000,...