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Pimco Says Mortgage Bonds Cheap After Slump on Obama Plan - By Jody Shenn - (Bloomberg) - Pacific Investment Management Co. says investors should buy Fannie Mae and Freddie Mac mortgage- backed securities that slumped in response to planned changes to the government-supported companies’ refinancing rules. 
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Genworth Mortgage Unit Must Rebound or Run Off, Haines Says - By Noah Buhayar - (Bloomberg) -- Genworth Financial Inc.’s mortgage insurance business will either improve results or cease writing new coverage, according to analysts at CreditSights Inc. The unit “faces a binary outcome,” Rob Haines and Eric Axon of CreditSights said in a note to clients today
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FHA Housing Chief to Industry: HECMs Are “Critically Important” - by Elizabeth Ecker - Reverse Mortgage Daily

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(Brian Sack on mortgage purchase and reinvestment program) NYFRB's Sack To Prmry Dlrs: MEP Removes Duration Risk - (MNI) - The following are the remarks of New York Federal Reserve Bank Executive Vice President Brian Sack Monday evening prepared for the annual meeting with primary dealers: ...
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Trifecta of keeping the housing bubble inflated in pocket markets –Senate votes to reinstate big loan limits, pushes visas for wealthy foreign home buyers, and artificially slams rates lower to hammer savers. - It should be abundantly clear and obvious that the government and Wall Street want nothing more than to keep home prices inflated and are sticking out a giant middle finger to the majority of Americans. - Dr. Housing Bubble

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(very interesting) Implications Of The Bevilacqua Ruling - Gregory Lemelson - On Oct. 18th, 2011 the Massachusetts Supreme Judicial Court handed down their decision in the FRANCIS J. BEVILACQUA, THIRD vs. PABLO RODRIGUEZ – and in a moment, essentially made foreclosure sales in the commonwealth over the last five years wholly void. - Seeking Alpha 

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(great graphs) Real House Prices and House Price-to-Rent - by CalculatedRisk - An update: Case-Shiller, CoreLogic and others report nominal house prices. However it is also useful to look at house prices in real terms (adjusted for inflation), as a price-to-rent ratio, and also price-to-income (not shown here). Below are three graphs showing nominal prices (as reported), real prices and a price-to-rent ratio.

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