Another election has come and gone. Barack Obama has remained as the 44th President of the United States of America. On a national level, there is much work to be done. Our society is a tug-of-war between opposing and evolving values. Our economy hangs in the balance between progress and utter disaster. The development of our society and economy over the next four years will determine the true caliber of leadership that exists in our most recently elected president.Click to continue

New York Attorney General Eric T. Schneiderman has joined Massachusetts Attorney General Martha Coakley in leading a nine-state coalition demanding new, permanent leadership at the Federal Housing and Finance Agency (FHFA), the agency that oversees the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac.Click to continue

Suspicious activity reports (SARs) regarding foreclosure rescue scams continued to grow in the first half of 2012, even as the total number of SARs indicating mortgage loan fraud (MLF) declined, the Financial Crimes Enforcement Network (FinCEN) has announced in its latest Mortgage Loan Fraud Update. This update to FinCEN's prior MLF reports looks at SAR filings from April through June 2012 (2012 Q2).Click to continue

Economists expect home prices to rise by a total 2.3 percent during 2012, and overall have become more bullish on home prices than they were in the second quarter, according to the September 2012 Zillow Home Price Expectations Survey, compiled from 113 responses from a diverse group of economists, real estate experts and investment and market strategists. The survey, sponsored by Zillow Inc. and conducted by Pulsenomics LLC, is based on the projected path of the S&P/Case-Shiller U.S. National Home Price Index during the coming five years.Click to continue

The July Mortgage Monitor Report released by Lender Processing Services Inc. (LPS) shows that national foreclosure inventories remain stable—and near historic highs—while delinquencies, down 30 percent from the January 2010 peak, continued to decline slightly for the month. The report also highlights the link between negative equity and new problem loans.Click to continue

The Federal Housing Finance Agency (FHFA) has released its July Refinance Report, which shows a key milestone was reached when more than 519,000 loans were refinanced through Fannie Mae and Freddie Mac under the Home Affordable Refinance Program (HARP) since the beginning of this year.Click to continue

The Mortgage Bankers Association (MBA) has sent a letter to the Federal Housing Finance Agency's (FHFA) General Counsel Alfred Pollard in response to the Agency's Click to continue

Less than three months before the presidential election, a new commentary from the Center for American Progress aims to elevate a critical issue that has yet to be discussed on the campaign trail—the issue of solving our nation’s housing crisis. The ongoing housing crisis has cost millions of American families their homes, has erased trillions of dollars in household wealth, and remains one of the biggest drags on our economic recovery. President Barack Obama has barely mentioned housing in recent months, aside from occasional pitches for reforms to help more homeowners refinance.Click to continue

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have released the July edition of the Obama Administration's Housing Scorecard—a report on the nation’s housing market. Data in the Housing Scorecard show continued signs of recovery as foreclosure starts and completions declined in June, though officials expect activity to increase in the coming months as firms lift delays in foreclosure processing.Click to continue

On Tuesday, the Federal Housing Finance Agency (FHFA) stated that it would not endorse programs at the government-sponsored enterprises (GSEs)—Fannie Mae and Freddie Mac—to write down mortgage principal for underwater borrowers.Click to continue