Tue, Apr 24 2018, 10:32 AM
Both the Federal Housing Finance Agency (FHFA) and the S&P CoreLogic Case-Shiller reported on February home prices on Tuesday and both showed little m...
Mon, Apr 23 2018, 2:09 PM
Freddie Mac's economists say, "The broader economic environment remains favorable for home sales," but they add a lot of caveats to that statement . S...
Mon, Apr 23 2018, 10:56 AM
Existing-home sales seemed to have reclaimed their footing, posting their second consecutive gain after two straight months of declines. The National ...
Fri, Apr 20 2018, 9:27 AM
Once again Wells Fargo is about to pay dearly for its inability to walk the straight and narrow. The Washington Post , under the byline of Renae Merle...
Thu, Apr 19 2018, 2:57 PM
The Remodeling Market Index (RMI) is to home remodelers as the Housing Market Index (HMI) is to new home builders. Each is constructed by the National...
Thu, Apr 19 2018, 9:36 AM
The share of refinancing loans dropped to 38 percent of loans closed in March, down from 43 percent in February. Ellie Mae's Origination Insight Repor...
Thu, Apr 19 2018, 9:32 AM
Fewer homes on the market are affordable than a year ago, and fewer households can afford them with their current income. The National Association of ...
Wed, Apr 18 2018, 12:01 PM
Access to credit remains tight and the Urban Institute (UI) blames in part that lenders are not measuring the credit risk of borrowers appropriately. ...
Wed, Apr 18 2018, 10:36 AM
They aren't suggesting you shop 'til you drop, but Freddie Mac says neither should borrowers buy the first mortgage they see. Doug McManus and Elias Y...
Wed, Apr 18 2018, 8:31 AM
The pace of mortgage applications picked up during the week ended April 13, ending a two-week slide. The Mortgage Bankers Association (MBA) reported i...
Tue, Apr 17 2018, 12:27 PM
Fannie Mae's economists remain upbeat about economic growth in the medium term but said on Monday that they see increasing downside risks. In its Marc...
Tue, Apr 17 2018, 9:54 AM
Both housing permits and housing starts recovered in March from very disappointing performances in February. The New Residential Construction Report ,...
Tue, Apr 17 2018, 9:18 AM
Less than a month after reporting some bad news about mortgage production and profits in the fourth quarter of 2017 the Mortgage Bankers Association (...
Mon, Apr 16 2018, 11:01 AM
Builder confidence in the market for newly built single-family homes slipped again in April, edging down 1 point to 69. The National Association of Ho...
Fri, Apr 13 2018, 11:23 AM
If they had a report card, the Federal Housing Finance Agency (FHFA) would have been afraid to take it home to mom and dad. Laura S. Wertheimer, FHFA'...
Thu, Apr 12 2018, 12:20 PM
The Mortgage Bankers Association (MBA) is predicting a strong increase in new home sales in March. Its Builder Application Survey (BAS), conducted wit...
Thu, Apr 12 2018, 11:17 AM
As Americans are nearing the deadline to file their 2017 federal income tax return, what this will put on their 2018 return is still open to debate. T...
Wed, Apr 11 2018, 11:17 AM
Can the past be reliably expected to predict the future? Probably not if one is talking about consumer behavior and structural breaks in the housing c...
Wed, Apr 11 2018, 8:56 AM
Multifamily mortgage financing was the big winner overall in what was a record setting year for commercial and multifamily originations. The Mortgage ...
Wed, Apr 11 2018, 8:53 AM
Mortgage applications, both for home purchases and refinancing, declined for the second consecutive week during the period ending April 6. The Mortgag...
Tue, Apr 10 2018, 11:15 AM
In the company's loan performance report for January, Frank Martell, CoreLogic's president and CEO said, "Except for the metropolitan areas affected b...
Mon, Apr 9 2018, 12:12 PM
If you think the stock market has been volatile, you might consider a dose of Dramamine before checking out Fannie Mae's Home Purchase Sentiment Index...
Thu, Apr 5 2018, 11:03 AM
Mortgage credit access tightened for the second straight month in March. The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability ...
Thu, Apr 5 2018, 9:17 AM
Along with a declining rate of homeownership, analysts have noted over the last few years that fewer Americans appear to be heavily invested in the dr...
Wed, Apr 4 2018, 9:26 AM
The strong showing for both refinancing and purchase applications during the week ended March 23 didn't last, with both reversing course last week. Th...
Tue, Apr 3 2018, 1:01 PM
The Acting Director of the Consumer Financial Protection Bureau (CFPB) presented the Bureaus semi-annual report to Congress on Monday. The report, whi...
Tue, Apr 3 2018, 12:43 PM
February looks as though it may be yet another month when the long-predicted end to rising rates of home appreciation was supposed to happen and didn'...
Tue, Apr 3 2018, 9:54 AM
The amount of equity available for tapping by homeowners hit a new recent high in February . Meanwhile, mortgage prepayment rates (how quickly owners ...
Mon, Apr 2 2018, 11:48 AM
Construction spending continued to have a hard time getting out of the 2018 starting blocks in February. Overall spending from both the public and pri...
Thu, Mar 29 2018, 11:07 AM
ATTOM Data Solutions, formerly known to us as RealtyTrac, has released an affordability report which shows that median home prices in the first quarte...
Wed, Mar 28 2018, 2:49 PM
The long-planned Uniform Mortgage-Backed Security (UMBS), designed to replace the current to be announced- (TBA) eligible MBS issued separately by Fan...
Wed, Mar 28 2018, 10:39 AM
While it didn't serve to completely recoup the 4.7 percent loss in January, pending home sales did snap back strongly in February . The National Assoc...
Wed, Mar 28 2018, 8:27 AM
Applications for both refinancing and home purchases gained ground during the week ended March 23. The result was the largest week-over-week gains for...
Tue, Mar 27 2018, 10:18 AM
It should hardly come as a surprise, each month the report from the S&P CoreLogic Case Shiller home price report starts the same way, "home prices con...
Mon, Mar 26 2018, 4:57 PM
Positive attitudes toward home buying still predominated in the National Association of Realtors® (NAR) most recent Housing Opportunities and Market E...
Mon, Mar 26 2018, 11:13 AM
It is conventional wisdom that homeownership is key to household wealth , and the National Association of Home Builders makes a convincing argument fo...
Fri, Mar 23 2018, 1:10 PM
Per loan profits of Independent mortgage banks and mortgage subsidiaries of chartered banks fell dramatically in the fourth quarter of 2017. The Mortg...
Fri, Mar 23 2018, 12:34 PM
There was much better news in February than in January regarding new home sales. Those sales had been reported down by 7.8 percent on top of a 9.3 per...
Fri, Mar 23 2018, 11:14 AM
Mortgage rates have increased 49 basis points since the first of the year, with the 30-year fixed rate mortgage (FRM) standing at 4.44 percent on Marc...
Thu, Mar 22 2018, 10:51 AM
As interest rates rise and refinancing declines, the impact is beginning to manifest in the loan prepayment rate . The single month mortality rate (SS...
Thu, Mar 22 2018, 10:07 AM
Home prices took a big leap in January , at least according to the Federal Housing Finance Agency's (FHFA's) seasonally adjusted House Price Index (HP...
Thu, Mar 22 2018, 9:27 AM
The 5-point surge in the share of refinancing loans that closed in January didn't survive the month. Ellie Mae's Origination Insight Report shows that...
Wed, Mar 21 2018, 1:02 PM
Who's afraid of growing up? Apparently not Generation Z. The post-Millennial crop of kids, those born in 1995 and later, are already moving into homeo...
Wed, Mar 21 2018, 11:01 AM
Sales of existing homes reversed direction in February after sliding for two consecutive months. The National Association of Realtors® (NAR) said comp...
Wed, Mar 21 2018, 10:11 AM
Natural disasters were the backdrop for mortgage loan performance in 2017. CoreLogic has previously reported on delinquencies in Houston and throughou...
Wed, Mar 21 2018, 8:50 AM
Purchase mortgage applications continued to gain strength during the week that ended March 16 but failed to compensate for a declining volume of refin...
Tue, Mar 20 2018, 11:53 AM
Fannie Mae has lowered its forecast for first quarter 2018 growth from 2.9 to 2.8 percent due to " lackluster consumer spending and nonresidential and...
Mon, Mar 19 2018, 3:23 PM
Freddie Mac's economists headlined their March Outlook economic report "Adulting is Hard." The newest crop of young adults may find this to be truer t...
Fri, Mar 16 2018, 1:07 PM
While home prices continue to rise and homeowner equity to increase, CoreLogic reports that there are still 2.5 million mortgages in negative equity ....
Fri, Mar 16 2018, 11:53 AM
Mortgage lenders continue to expect disappointing profit margins . For the sixth consecutive quarter the net responses to a question about those margi...
