Wed, Dec 12 2018, 11:21 AM
Lenders continue to be pessimistic about their profit outlook as 2018 draws to an end. Fannie Mae said its fourth quarter 2018 Mortgage Lender Sentime...
Wed, Dec 12 2018, 8:11 AM
Almost exactly 10 years after he helped pass the legislation that established the Federal Housing Finance Agency (FHFA), Mark Anthony Calabria has bee...
Wed, Dec 12 2018, 8:06 AM
Borrower activity continued to pick up last week as interest rates retreated to September levels and mortgage applications extended their recent winni...
Tue, Dec 11 2018, 11:45 AM
CoreLogic reports that mortgage delinquency rates were little changed in September. The percentage of mortgage loans that were 30 or more days delinqu...
Mon, Dec 10 2018, 1:23 PM
Both Freddie Mac and Fannie Mae have announced the suspension of eviction lockouts for single-family and two- to four-unit properties for the holiday ...
Mon, Dec 10 2018, 12:25 PM
We know that home price growth is slowing , and cash-out refinancing has been coming back, still it is a bit of a stunner to find that homeowner equit...
Mon, Dec 10 2018, 11:14 AM
The stereotype of a second home usually involves a tropical beach, a boat dock on a lake, or skiers whizzing past a picture window, but the National A...
Fri, Dec 7 2018, 1:24 PM
Three researchers from the Urban Institute (UI) recently analyzed the new capital standards rule proposed by the Federal Housing Finance Agency (FHFA)...
Fri, Dec 7 2018, 11:51 AM
Fannie Mae's Home Purchase Sentiment Index (HPSI) for November rose slightly, but within the 0.5-point increase was some increased confidence about pe...
Fri, Dec 7 2018, 8:30 AM
Access to mortgage credit moved higher in November, largely due to improved access to conforming mortgages. The Mortgage Bankers Association's Mortgag...
Fri, Dec 7 2018, 8:27 AM
While there has been a lot of talk since the recovery took hold about the lack resiliency in the residential construction sector, the issue is now mov...
Thu, Dec 6 2018, 8:44 AM
In June the Federal Housing Finance Agency's (FHFA) issued a proposed capital standard for the government-sponsored enterprises (GSEs), Freddie Mac an...
Wed, Dec 5 2018, 1:22 PM
Mortgage rates remained largely flat or even slightly lower during the week ended November 30. This probably helped to maintain the upward trend in mo...
Tue, Dec 4 2018, 12:04 PM
It is often billed as the most important and consequential financial decision a household can makes, so it probably follows that buying a home should ...
Tue, Dec 4 2018, 8:13 AM
While their behavior thus far doesn't do much to validate it, a survey by Bank of America (BoA) finds that Millennials put a high priority on homeowne...
Mon, Dec 3 2018, 12:22 PM
Construction spending was lower on a month-over-month basis in October, but an increase in public sector spending held the overall decline to a minimu...
Fri, Nov 30 2018, 11:17 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 4.7 percent in October, up from 2.3 percent the pr...
Fri, Nov 30 2018, 9:40 AM
Financial concerns continued for independent mortgage banks and mortgage subsidiaries of chartered banks as they reported, on average, declining profi...
Thu, Nov 29 2018, 10:24 AM
Pending home sales in October failed to build on their small September gains - only the second uptick in six months. The Pending Home Sales Index (PHS...
Wed, Nov 28 2018, 3:32 PM
The party is probably over for the time being when it comes to rate-and-term (i.e. "no cash out") refinancing. But even as rising interest rates stead...
Wed, Nov 28 2018, 11:53 AM
With both interest rates and home prices rising it is nearly impossible to find a housing forecast that doesn't include the word " cooling ." The Nove...
Wed, Nov 28 2018, 11:16 AM
New home sales were expected to make a strong showing in October; the consensus of analysts polled by Econoday was for a sharp increase from the Septe...
Wed, Nov 28 2018, 8:14 AM
Even though the week was shortened by the Thanksgiving holiday MBA's Market Composite Index, a measure of mortgage application volume, managed a 5.5 p...
Tue, Nov 27 2018, 1:05 PM
Given the rapid run-up in home prices over the last year, it's no surprise that loan limits will also be going up in 2019. The Federal Housing Finance...
Tue, Nov 27 2018, 11:28 AM
The views about the direction of home prices diverged slightly in September, as those reported in the S&P CoreLogic Case Shiller indices slowed for th...
Tue, Nov 27 2018, 8:18 AM
Mortgage delinquencies spiked in the September "first look" report from Black Knight, but that was followed by a swift reversal in October. The compan...
Mon, Nov 26 2018, 11:34 AM
"Possibly the only thing worse than a world in which homeownership doesn't work as a wealth-building tool is a world in which it does work as a wealth...
Fri, Nov 23 2018, 10:08 AM
The share of loans that were for refinancing and those where borrowers opted for adjustable rate mortgages (ARMs) both ticked up in October , with the...
Wed, Nov 21 2018, 11:55 AM
Existing home sales broke their extended losing streak in October, increasing 1.4 percent from September to a seasonally adjusted annual rate of 5.22 ...
Wed, Nov 21 2018, 8:25 AM
Fannie Mae's Economic and Strategic Research Group (ESR) upped their projection for economic growth slightly, to 3.1 percent this year , but say housi...
Wed, Nov 21 2018, 8:07 AM
Mortgage rates pulled back slightly during the week ended November 16, but that did little to move mortgage applications higher. The Mortgage Bankers ...
Tue, Nov 20 2018, 10:50 AM
October was another mixed but largely mediocre month for residential construction . Permits were lower both on a monthly and an annual basis, while ho...
Mon, Nov 19 2018, 5:17 PM
Freddie Mac has announced a new collaboration with a handful of rural non-profits to expand sweat equity opportunities to homeowners in several rural ...
Mon, Nov 19 2018, 10:32 AM
Builder confidence took a steep dive this month, reflecting increasing news of slowing home sales and rising concerns over affordability. The National...
Fri, Nov 16 2018, 12:16 PM
The Mortgage Bankers Association (MBA) notes that applications for the purchase of new homes declined by 2.1 percent in October compared to the same m...
Fri, Nov 16 2018, 10:22 AM
The Federal Housing Administration (FHA) said on Thursday that its Mutual Mortgage Insurance Fund (MMI Fund) exceeded its congressionally mandated min...
Thu, Nov 15 2018, 5:27 PM
Fannie Mae has expanded the menu of post-disaster services it is offering to its borrowers. The new services are in addition to the up to 12 months of...
Thu, Nov 15 2018, 12:10 PM
It ain't going to get any easier... The National Association of Home Builders (NAHB) tells us these cheery words encapsulate the attitude of responden...
Wed, Nov 14 2018, 9:39 AM
While reams of research have been done on why members of the Millennial generation are less likely to own a home compared to their baby boomer and Gen...
Wed, Nov 14 2018, 8:08 AM
Mortgage application activity continued to shrink during the week ended November 9. The Mortgage Bankers Association said its Market Composite Index, ...
Tue, Nov 13 2018, 11:17 AM
It may be that California, where home prices have exploded over the last few years, has jumped the shark when it comes to affordability. CoreLogic's A...
Fri, Nov 9 2018, 10:27 AM
The ongoing improvement in mortgage performance hit a slight snag in the third quarter of 2018, one that appears to be disaster related. The Mortgage ...
Thu, Nov 8 2018, 2:43 PM
Housing affordability crept down again in the third quarter of 2018 reaching, according to the National Association of Home Builders (NAHB), a ten-yea...
Thu, Nov 8 2018, 11:58 AM
A deep dig into recent home purchase loans shows that some of the underwriting standards employed by FHA and the GSEs (Fannie Mae and Freddie Mac) eas...
Wed, Nov 7 2018, 12:13 PM
Despite the success of the U.S. economy as of late, housing sentiment seems to have hit a rough patch . Fannie Mae said its Home Purchase Sentiment In...
Wed, Nov 7 2018, 8:14 AM
The week ended November 2 was another week of retreat for mortgage applications as the Mortgage Bankers Association's (MBA's) Market Composite Index d...
Tue, Nov 6 2018, 11:32 AM
The ease of access to mortgage credit rose in October according to the Mortgage Credit Availability Index. An increase in the Index, a product of the ...
Tue, Nov 6 2018, 8:16 AM
Cash-out refinancing is currently a larger share of the refinance market than at any time since the financial crisis . However, the Urban Institute (U...
Mon, Nov 5 2018, 8:24 AM
By mid-October the average interest rate for 30-year fixed rate mortgages (which at that point was at 4.85 percent) represented an increase of 85 basi...
Fri, Nov 2 2018, 10:12 AM
Both of the two government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, which remain in government receivership ten years after the housin...
