The U.S. Department of Housing and Urban Development (HUD) has suspended Michael Primeau, former President of Lend America, from doing any business with HUD following his admission that he engaged in a wide-scale mortgage fraud scheme. “We take this

The financial crisis may have occurred in the fall of 2008, but that has not stopped economists and policy analysts from continuing to offer their perspectives on what ultimately caused the greatest monetary scare since the bank failures of

The Supreme Court agreed yesterday to hear a case on mortgage fees that will have sweeping implications on how “unearned” mortgage fees are prosecuted in the courts. The case pits Louisiana homebuyers against Detroit-based Quicken Loans Inc. The homebuyers

What was supposed to be a routine gathering on technology is fast becoming a hotbed for democratic activity, as the Take Back Chicago street protests have targeted the Mortgage Bankers Association (MBA) conference taking place this week. A coalition

More than 50 representatives of grassroots and national housing advocacy organizations engaged in a three-hour roundtable discussion on housing with government officials on Monday for “America’s Housing Crisis: Solutions to the Changing Landscape.” Hosted Ocwen Financial Corporation, the event featured

The Chicago Association of Realtors named @properties co-founder Michael P. Golden the 2011 Realtor of the Year. The award was presented last week at CAR’s annual inaugural gala at Navy

Homeowners expressed some fears and anxieties on housing and the general economy in the latest Fannie Mae National Housing Survey. The survey’s biggest takeaway came in home prices, which Americans expect to decline by 1.1 percent during the next 12

The Census Bureau just released its massive tomb on housing data from 2000 to 2010, and as expected, the “Housing Characteristics” brief is a sweeping, detailed analysis of housing, offering both good and bad information on the embattled market.

In an ironic twist, Bank of America (BofA) is closing 40 mortgage offices and firing hundreds of workers at a time when mortgage interest rates are setting record lows. The firings come in the wake of recent news from

According to the most recent jobs report from the U.S. Department of Labor, the economy added 103,000 jobs in September, and though markets reacted to the data in a lukewarm fashion, a true bright spot in the department’s findings

Mortgage rates have been on a steady decline the last couple months, and thanks to recent monetary action by the Federal Reserve, they hit all-time lows late last week, with the 30-year FRM shattering the 4 percent barrier and

Being FHA-insured is a big advantage in this housing market, but it seems most agents aren’t making that fact visible to consumers. There are about 14 percent of FHA properties in the MLS listings. However, only 1.8 percent of

By Christian J. Barron The Wall Street Journal/Real Trends 1000 is a compendium of the industry’s top selling agents year-to-year. However, upon closer examination, the data may have left some deserving agents off the list. To create its list

A: There is no argument that financing has become more of a challenge over the past few years; however, there are still some great options available to help people purchase homes. Private mortgage insurance (PMI) companies have expanded their

A quick rundown of the most savory real estate news from the week of Oct. 3 – Oct. 7, by the numbers: 3.94 – that’s the current percentage rate for the 30-year FRM; we’d call it a historical low, but

U.S. Treasury Secretary Timothy Geithner was on Capital Hill yesterday testifying before the House Financial Services Committee, and during his testimony made several faint mentions of pending housing programs and revisions from the Treasury Department. “We expect to move