Thu, Sep 9 2021, 3:54 PM
Higher interest rates pushed refinancing lower in August and lenders moved to generate more origination activity. That, in part, led to an increase in...
Thu, Sep 9 2021, 3:52 PM
American homeowners got $20,000 richer in the second quarter just sitting in their family room. Black Knight’s newest Mortgage Monitor says that was t...
Thu, Sep 9 2021, 11:28 AM
The GSEs, Fannie Mae and Freddie Mac, will be required to submit Equitable Housing Finance Plans to their regulator the Federal Housing Finance Agency...
Tue, Sep 7 2021, 2:42 PM
Consumers felt a little better about the wisdom of buying a home last month than they did in July, although that isn't saying a lot. Fannie Mae says 3...
Tue, Sep 7 2021, 11:15 AM
Americans are continuing the trend started at the beginning of the pandemic 19 months ago, seeking larger homes in areas with lower density and prices...
Fri, Sep 3 2021, 12:32 PM
Black Knight estimates that nearly 630,000 forbearance plans, more than one-third of those currently active, are slated for review this month. Of thos...
Fri, Sep 3 2021, 12:27 PM
Fannie Mae and Freddie Mac are running away with new home financing. The National Association of Home Builders (NAHB) estimates that conventional loan...
Thu, Sep 2 2021, 2:49 PM
The U.S. Census Bureau says July's expenditures on all types of construction was at a seasonally adjusted rate of $1.569 trillion compared to $1.563 t...
Thu, Sep 2 2021, 11:27 AM
The Department of Housing and Urban Development (HUD) has announced a series of actions aimed at assisting in the Biden Administrations goal of creati...
Wed, Sep 1 2021, 11:05 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 8.4 percent in July compared to a 12.9 percent gai...
Wed, Sep 1 2021, 11:04 AM
Mortgage application volume declined again last week , dragged down by flagging refinance activity. The Mortgage Bankers Association (MBA) says its Ma...
Tue, Aug 31 2021, 11:09 AM
In a report released on Monday, CoreLogic recaps investor activity in the housing market over the last decade. Its Investor Homebuying Report highligh...
Tue, Aug 31 2021, 11:05 AM
Annual price gains remained at a double-digit pace in June. Both The S&P CoreLogic Case-Shiller indices and the Federal Housing Finance Agency's (FHFA...
Mon, Aug 30 2021, 12:22 PM
Both Fannie Mae and Freddie Mac (the GSEs) have told their borrowers and mortgage servicers that they are offering immediate relief options to those a...
Mon, Aug 30 2021, 10:53 AM
While existing home sales have increased in the last two months after a four-month slump, those sales don't look especially bright as we head into the...
Wed, Aug 25 2021, 2:32 PM
Early in the pandemic (Version I) there were a lot of theories advanced about its lasting effects on housing. Some of the theories were fanciful. Thes...
Wed, Aug 25 2021, 10:45 AM
Both refinance and purchase applications increased slightly last week , and the Mortgage Bankers Association (MBA) said its Market Composite Index, a ...
Wed, Aug 25 2021, 10:25 AM
The profits of independent mortgage banks and bank mortgage subsidiaries took their third straight tumble in the second quarter of this year. Those pr...
Tue, Aug 24 2021, 11:00 AM
New home sales recovered slightly in July after two months which saw the annual rate of sales dip by an aggregate of more than 100,000 units. The U.S....
Mon, Aug 23 2021, 2:11 PM
Existing homes sales posted the second consecutive increase in July after breaking out of a slump in June that had endured for four months. The Nation...
Fri, Aug 20 2021, 1:42 PM
Fannie Mae's economists provided a mixed forecast this month. The baseline view of the company's Economic and Strategic Research (ESR) group is for th...
Fri, Aug 20 2021, 1:39 PM
The federal foreclosure moratoria expired at the end of July and, with some 1.45 million borrowers seriously delinquent on their mortgages but not in ...
Thu, Aug 19 2021, 5:25 PM
It seemed like a simple solution for expanding the credit profile of many first-time homebuyers, but Fannie Mae's new plan to utilize rent payment his...
Thu, Aug 19 2021, 5:20 PM
The July report on residential construction from the U.S. Census Bureau and Department of Housing and Urban Development shows that permits increased d...
Wed, Aug 18 2021, 8:09 AM
Mortgage application volume was lower over the last week, continuing the up-one-week, down-the-next pattern it has displayed since late June. The Mort...
Tue, Aug 17 2021, 3:34 PM
Mortgage applications for the purchase of newly built homes fell sharply in July, but the Mortgage Bankers Association (MBA) said it expects new home ...
Tue, Aug 17 2021, 12:36 PM
Fears about construction costs, supply shortages, and concern over fast rising home prices acted to deflate builder confidence this month. The Nationa...
Tue, Aug 17 2021, 12:32 PM
While home prices have been posting record increases for months, it appears that rents are trying to keep up. CoreLogic says the connection is clear. ...
Fri, Aug 13 2021, 11:16 AM
The number of loans in forbearance dropped by 83,000 over the last week. This is on top of a 71,000 loan reduction during the first few days of August...
Fri, Aug 13 2021, 11:16 AM
Even though lumber prices have recently declined, the National Association of Home Builders (NAHB) says builders are facing some of the fastest increa...
Fri, Aug 13 2021, 11:09 AM
All but one of the 183 metropolitan housing markets tracked by the National Realtors Association® (NAR) posted annual price increases in the second qu...
Fri, Aug 13 2021, 11:06 AM
It has been under discussion for what seems like forever, but Fannie Mae will begin to recognize non-reported types of credit performance in qualifyin...
Thu, Aug 12 2021, 10:45 AM
Mortgage credit access rose slightly in July but remains in the nether regions to which it dropped last fall in the wake of the pandemic. The Mortgage...
Wed, Aug 11 2021, 10:40 AM
The Mortgage Bankers Association's (MBA) said its Market Composite Index, a measure of mortgage loan application volume, rose 2.8 percent on a seasona...
Tue, Aug 10 2021, 3:32 PM
Purchase loans finally regained the catbird seat in June, edging out the share of refinance loans by 3 percentage points . ICE Mortgage Technology rep...
Tue, Aug 10 2021, 10:51 AM
While the national delinquency rate has not returned to the 3.5 percent rate it had reached before the onset of the pandemic, CoreLogic says the perce...
Mon, Aug 9 2021, 2:50 PM
Consumer sentiment about buying a house fell even further into negative territory in July. Fannie Mae said that only 28 percent of respondents to its ...
Fri, Aug 6 2021, 12:38 PM
Thanks to rising home prices. hardly any homeowners find themselves underwater on their mortgages and the few that do are concentrated in a few cities...
Thu, Aug 5 2021, 4:47 PM
Freddie Mae has announced a new single-close mortgage product that will allow homeowners to finance the cost of small scale renovations. The CHOICERen...
Wed, Aug 4 2021, 4:17 PM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 12.9 percent in June compared to an 8.6 percent ga...
Wed, Aug 4 2021, 10:46 AM
Despite newly lower interest rates, mortgage applications were lower during the week ended July 30. The Mortgage Bankers Association (MBA) said its Ma...
Tue, Aug 3 2021, 5:43 PM
Each of the GSEs have posted strong financial results for the second quarter of 2021. Both Freddie Mac and Fannie Mae more than doubled their net inco...
Tue, Aug 3 2021, 5:41 PM
The prognosticators keep prognosticating, but their prognostications don't happen. Home price appreciation shows no sign of slowing down. CoreLogic sa...
Mon, Aug 2 2021, 1:41 PM
In its latest Mortgage Monitor, Black Knight analyzes the impact the elimination of the 50 basis point adverse market fee from the cost of Fannie Mae ...
Mon, Aug 2 2021, 1:27 PM
June was yet another month when the only bright spot in the U.S. Census Bureau's construction spending report was provided by the residential sector. ...
Mon, Aug 2 2021, 1:25 PM
With the federal moratorium on evictions expiring on July 31, it is becoming apparent that there is a real housing crisis looming. Not one like we saw...
Mon, Aug 2 2021, 1:24 PM
The number of active forbearance plans jumped higher this week , increasing by a net of 31,000 loans. Black Knight says that, as of July 27, there wer...
Thu, Jul 29 2021, 11:27 AM
The Board of Directors of the Conference of State Bank Supervisors (CSBS) has released model state regulatory prudential standards for nonbank mortgag...
Thu, Jul 29 2021, 11:24 AM
Pending home sales fell back slightly in June after a notable and unexpected 8.0 percent gain in May. The National Association of Realtors® (NAR) said...
Wed, Jul 28 2021, 11:07 AM
Refinancing continues to support mortgage application activity while purchase applications continued to weaken during the week ended July 23. The Mort...
