HOPE NOW projects big increases in foreclosure prevention successes in 2009

Dec 21, 2008

Extension of comment period for proposed amendments to Regulation Z MortgagePress.comRegulation Z, Mortgage Disclosure Improvement Act of 2008, Federal Register, 73 FR 74989, Docket No. R-1340 The Federal Reserve has proposed amendments to Regulation Z to implement the requirements of the Mortgage Disclosure Improvement Act of 2008 (MDIA). The proposed rule was published in the Federal Register on Dec. 10, 2008 at 73 FR 74989. The Federal Reserve has extended the comment period to Feb. 9, 2009. Comments on the proposed amendments, identified by Docket No. R-1340, may be submitted by any of the following methods: • Agency Web Site: www.federalreserve.gov. Follow the instructions for submitting comments by clicking here. • Federal eRulemaking Portal: www.regulations.gov. Follow the instructions for submitting comments. • E-mail: [email protected]. Include the docket number in the subject line of the message. • Fax: (202) 452-3819 or (202) 452-3102. • Mail to: Jennifer J. Johnson, Secretary, Board of Governors of the Federal Reserve System, 20th Street and Constitution Avenue, NW, Washington, DC 20551. The full text of the proposed rule can be accessed on the Federal Register's Website by clicking here.

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Dec 21, 2008

Analysis and Data

Mortgage Rates Surpass 7% For First Time This Year

Freddie Mac reported the 30-year fixed-rate mortgage averaged 7.10%.

Freddie Mac today released its Primary Mortgage Market Survey, revealing the 30-year fixed-rate mortgage (FRM) averaged 7.10%, breaching the 7% threshold for the first time this year. “The 30-year fixed-rate mortgage surpassed 7% for the first time this year, jumping from...

Analysis and Data

Existing Home Sales Decline By 4.3% In March

Northeast the only region to see an uptick in sales over prior month, per a new report from the National Association of Realtors

Fewer people bought homes this March than the month before and during March 2023, a new report from the National Association of Realtors (NAR) reveals. Total existing-home sales receded 4.3% from February to a seasonally adjusted annual rate of 4.19 million in March. Year...