The administration’s proposed revamp of Fannie Mae and Freddie Mac is actually an offering of multiple policy options, essentially passing the political hot potato to the Republicans. Problem is, any fix is sure to make mortgag…
A Louisiana bankruptcy case involving a single foreclosure best illustrates the problems with the banks’ outsourcing their mortgage default work to firms like LPS. The result of this money-saving maneuver by banks winds up cost…
Mortgage rates on 30-year fixed loans moved above 5% this week, according to a Freddie Mac report, up from 4.81% last week, reaching the highest level since April 2010. The home market is already up against a number of challenges — and now mortgage ra…
Want to see how the construction industry will do in 2011? Look at how architects did in 2010. By that gauge, last year’s thin uptick in building design and engineering services foretells a similar small gain ahead for builders…
U.S. foreclosure filings rose 1% in January 2011 from December 2010, but were down 17% from a year ago.
Continue reading U.S. Foreclosure Filings Rose in January as Nevada Continues to Lead the Pack
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