Thu, Sep 10 2020, 8:22 AM
Fannie Mae says its Home Purchase Sentiment Index (HPSI) which, before a slight setback in July, had been rebounding strongly from its April COVID-19 ...
Wed, Sep 9 2020, 10:15 AM
While servicing income was down, independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks had a very profitable second quarter. ...
Wed, Sep 9 2020, 8:11 AM
The volume of mortgage applications reversed direction last week, pulling out a small gain after three straight weeks of declines. The Mortgage Banker...
Tue, Sep 8 2020, 11:58 AM
The second quarter of this year was a miserable on many levels, but mortgage origination volume was not one of them. Black Knight's current Mortgage M...
Tue, Sep 8 2020, 8:19 AM
Mortgage delinquencies spiked in June and the serious delinquency rate, loans 90 or more days past due but not in foreclosure, reached its highest lev...
Fri, Sep 4 2020, 9:34 AM
The Consumer Financial Protection Bureau (CFPB) has been on a two-month enforcement tear aimed at mortgage lenders employing deceptive practices in th...
Fri, Sep 4 2020, 9:22 AM
The number of homeowners with mortgages in COVID-19 related forbearance plans dropped during the week ended September 1 after several weeks when there...
Wed, Sep 2 2020, 8:19 AM
Mortgage applications, both for home purchase and refinancing, declined for the third straight time during the week ended August 28. The Mortgage Bank...
Tue, Sep 1 2020, 4:21 PM
Construction spending as a whole was essentially flat in July, but residential spending showed significant growth. The U.S. Census Bureau reported tha...
Tue, Sep 1 2020, 12:10 PM
It has been rumored since the first wave of the coronavirus struck in some of the densely populated urban centers, especially in New York and New Jers...
Tue, Sep 1 2020, 12:03 PM
Home prices grew in July by the fastest rate in nearly two years, a 5.5 percent annual gain. According to CoreLogic's Home Price Index (HPI), the mont...
Mon, Aug 31 2020, 1:26 PM
A recent posting on the Urban Institute's (UI's) Urban Wire blog touched on six facts about the mortgage forbearance option mandated by the CARES Act ...
Mon, Aug 31 2020, 8:20 AM
Any decline in the number of mortgages in forbearance appears to have, at least temporarily, reached a plateau. For the second straight week Black Kni...
Fri, Aug 28 2020, 11:13 AM
Both government sponsored enterprises (GSEs) have announced that their nationwide suspension of single-family foreclosures and evictions has been exte...
Thu, Aug 27 2020, 10:17 AM
July marked the third consecutive outsized increase in the Pending Home Sales Index (PHSI) produced by the National Association of Realtors® (NAR) It ...
Thu, Aug 27 2020, 8:16 AM
While the Gulf Coast escaped the threat of two simultaneous hurricane hits, the remaining storm, Hurricane Laura, looks like an historically dangerous...
Thu, Aug 27 2020, 8:07 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 20.0 percent in July compared to a 14.2 percent ga...
Wed, Aug 26 2020, 8:13 AM
Mortgage applications volume fell for the second time during the week ended August 21, declining 6.5 percent from the previous week according to the M...
Tue, Aug 25 2020, 12:02 PM
New home sales were expected to dip slightly in July after posting 13.8 percent growth in June and setting a 13-year high. Instead, the June sales wer...
Tue, Aug 25 2020, 11:55 AM
Both the Federal Housing Finance Agency's (FHFA's) Housing Price Index (HPI) and the several S&P CoreLogic Case-Shiller indices showed price gains acr...
Fri, Aug 21 2020, 12:08 PM
Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Mortgage Bankers Association shows the effect...
Fri, Aug 21 2020, 11:38 AM
Existing-home sales posted a second month of significant sales gains in July, building on a record 20.7 percent increase in June. The National Associa...
Fri, Aug 21 2020, 11:29 AM
The financial impacts of the COVID-19 pandemic are beginning to emerge and while it appears the crisis initially hit homeowners hard, the duration of ...
Thu, Aug 20 2020, 6:15 PM
Robert Dietz, chief economist for the National Association of Home Builders (NAHB) has provided a couple of updates on housing construction trends tak...
Wed, Aug 19 2020, 11:48 AM
Refinance loans continued to dominate mortgage originations in July, but the gap with purchase loans is closing. Ellie Mae's Origination Insight Repor...
Wed, Aug 19 2020, 9:58 AM
The Consumer Financial Protection Bureau (CFPB) is proposing a new category of qualified mortgage (QM) which it says is intended to "encourage innovat...
Wed, Aug 19 2020, 8:27 AM
Mortgage rates rose during the week ending August 14 and, while purchase applications sustained some of their momentum, a slowdown in refinancing pull...
Tue, Aug 18 2020, 10:53 AM
Residential construction rates soared in July with both permits and starts increasing from their June pace by double digits and topping 2019 numbers f...
Mon, Aug 17 2020, 4:06 PM
At the midway point of the current (3 rd ) quarter Fannie Mae is looking for a huge improvement in the gross domestic product (GDP). The company's Eco...
Mon, Aug 17 2020, 10:21 AM
Builders have tied their 32-year old record for confidence as measured by the National Association of Home Builders/Wells Fargo Housing Market Index (...
Fri, Aug 14 2020, 10:05 AM
Two entities, Black Knight and the Mortgage Bankers Association (MBA) have been tracking loans in forbearance plans since the start of the pandemic. T...
Thu, Aug 13 2020, 12:14 PM
The Mortgage Bankers Association (MBA) is predicting another strong month for new home sales. The association says its Builder Application Survey (BAS...
Thu, Aug 13 2020, 8:15 AM
Home prices continued to rise during the second quarter of the year, although at a slower pace than before the advent of the pandemic. The National As...
Wed, Aug 12 2020, 8:52 AM
Refinancing rebooted again last week, driving overall mortgage applications volume higher after two weeks of dwindling volume. The Mortgage Bankers As...
Tue, Aug 11 2020, 11:22 AM
COVID-19 continued to impact mortgage performance in May. CoreLogic said the number of loans in each stage of delinquency, with the exception of those...
Mon, Aug 10 2020, 4:17 PM
New research by dv01, a loan data agent (LDA) providing securitization reporting and analytics on consumer unsecured, mortgage, small business, and st...
Fri, Aug 7 2020, 2:38 PM
Fannie Mae's Home Purchase Sentiment Index (HPSI) faltered a bit in July as it tried to recover from its 29.5-point aggregate plunge in March and Apri...
Fri, Aug 7 2020, 8:30 AM
There was a significant decline in the number of active COVID-19 related forbearance plans over the past week, but that decrease did not necessarily m...
Thu, Aug 6 2020, 11:43 AM
Foreign buyers cut back their investment in U.S. residential properties over the 12 months that ended in March. It was the second year-over-year decli...
Wed, Aug 5 2020, 9:58 AM
Home prices increased in June at the fastest pace in more than seven years. CoreLogic said its Home Price Index (HPI) rose 1.0 percent from May, the l...
Wed, Aug 5 2020, 8:20 AM
Mortgage application volume declined during the week ended July 31 even as mortgage interest rates reached another all-time low. The Mortgage Bankers ...
Mon, Aug 3 2020, 4:31 PM
Construction spending held firm in June, inching down fractionally from the May level and increasing a bit compared to June 2019. The U.S. Census Bure...
Mon, Aug 3 2020, 11:56 AM
In the second quarter of 2020, 11 percent of American adults were planning on purchasing a home over the next 12 months, and of those, almost half wer...
Mon, Aug 3 2020, 11:52 AM
The last report from Freddie Mac put its 30-year fixed rate mortgage (FRM) at 2.99 percent, up 1 basis point from the all-time low. Black Knight, in i...
Mon, Aug 3 2020, 10:40 AM
The National Home Builders Association (NHBA) has been saying since the COVID-19 virus first began to ravage the economy, that it might be housing tha...
Fri, Jul 31 2020, 10:20 AM
As of Wednesday, there were 4.102 million mortgages in forbearance plans. This is 7.7 percent of the 53 million loans in servicer portfolios. Black Kn...
Thu, Jul 30 2020, 5:34 PM
The performance of mortgage loan servicers is lacking in the eyes of many of their customers, even this early in the pandemic driven recession. J.D. P...
Thu, Jul 30 2020, 5:32 PM
Both government supported enterprises (GSE) reported increased profits in the second quarter of 2020 compared to Q1. Fannie Mae said its net comprehen...
Wed, Jul 29 2020, 10:59 AM
Pending home sales soared again in June, although the liftoff was relatively shallow compared to the 43 percent increase in May. The National Associat...
Wed, Jul 29 2020, 9:22 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 14.2 percent in June compared to a 5.5 percent gai...
