Wed, Dec 13 2017, 1:04 PM
Realtors are expressing concern over three measures that exist in either the House or the Senate versions of the Republican tax cut bill and have sent...
Wed, Dec 13 2017, 9:49 AM
Both Freddie Mac and Fannie Mae announced this week that evictions from foreclosed single-family and two-to-four-unit properties owned by the GSEs wil...
Wed, Dec 13 2017, 8:30 AM
Applications for mortgages, both for home purchases and refinancing, declined during the week ended December 8. The Mortgage Bankers Association (MBA)...
Tue, Dec 12 2017, 10:59 AM
The Mortgage Bankers Association (MBA) projects a decrease in new home sales in November compared to the previous month, but still sees those sales ru...
Tue, Dec 12 2017, 9:58 AM
Loans performed well in September , continuing to erase most of the last vestiges of the market's Great Recession distress. The CoreLogic Performance ...
Mon, Dec 11 2017, 3:07 PM
As banks and government tried to stem the flow of foreclosures during the housing crisis there was a lot of debate (and criticism) about what needed t...
Fri, Dec 8 2017, 12:28 PM
After dropping in October from what had been an all-time high the previous month, Fannie Mae's Home Purchase Sentiment Index (HPSI) resumed its upward...
Fri, Dec 8 2017, 10:34 AM
Loan limits will be rising in 2018 for loans guaranteed by the FHA. The Department of Housing and Urban Development (HUD) announced on Thursday it was...
Thu, Dec 7 2017, 11:47 AM
Nine years after what is acknowledged as the start of the housing crisis about 2.5 million homeowners remain underwater , but that number is down by 0...
Wed, Dec 6 2017, 12:31 PM
"Gig," a term that used to refer mostly to a musician's booking, is now being used to describe a whole sector of the U.S. economy. Fannie Mae defines ...
Wed, Dec 6 2017, 8:34 AM
There was the usual post-holiday resurgence in the volume of mortgage applications last week, following a subdued level of activity the previous week ...
Tue, Dec 5 2017, 10:58 AM
CoreLogic said on Tuesday that home prices rose in October by 0.9 percent compared to September and were 7.0 percent higher than 12 months earlier. Th...
Mon, Dec 4 2017, 3:11 PM
In its Mortgage Monitor for September, Black Knight outlined the first wave of mortgage delinquencies that appeared to be arising out of Hurricanes Ha...
Mon, Dec 4 2017, 9:51 AM
Black Knight, (which has just rebranded itself, dropping "Financial Services from its name), has released an especially meaty Mortgage Monitor for Dec...
Fri, Dec 1 2017, 11:33 AM
Construction expenditures so far this year continue to run ahead of what was spent in 2016, with private construction accounting for most of the incre...
Fri, Dec 1 2017, 9:51 AM
Fannie Mae's Book of Business increased at a compounded annual rate of 1.6 percent in October, to a value of $3.200 trillion compared to $3.195 trilli...
Thu, Nov 30 2017, 12:29 PM
Mortgage bank profits declined in the third quarter of 2017 when compared to the second quarter, but remained substantially higher than in the two rat...
Thu, Nov 30 2017, 9:57 AM
The issue of Fannie Mae and Freddie Mac and their about-to-be-zero capital buffers has fallen off the radar in recent months, but apparently there is ...
Wed, Nov 29 2017, 10:19 AM
Pending home sales posted their first strong showing in three months in October, beating even the most optimistic of predictions. The National Associa...
Wed, Nov 29 2017, 8:45 AM
The short business week preceding the Thanksgiving holiday resulted, as usual, in fewer mortgage applications. The Mortgage Bankers Association said i...
Tue, Nov 28 2017, 2:35 PM
Loan limits were frozen in place at $417,000 for 10 long years after the housing bust, but were finally raised on January 1 of this year. Rapidly incr...
Tue, Nov 28 2017, 10:35 AM
In October, David Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices, said home price increases "appear unstoppab...
Mon, Nov 27 2017, 5:17 PM
Black Knight Financial Services reported on Monday that home prices as measured by its national Home Price Index (HPI) continued to slow on a monthly ...
Mon, Nov 27 2017, 10:49 AM
It wasn't supposed to happen after the banner month for new home sales in September, but sales of those homes rose significantly again in October, jum...
Mon, Nov 27 2017, 9:16 AM
It should be an interesting day at the Consumer Financial Protection Bureau (CFPB). In fact, the Federal Reserve, which is charged with funding the ag...
Wed, Nov 22 2017, 11:42 AM
As predicted, mortgage delinquencies resulting from Hurricanes Harvey and Irma continued to play out in October. Black Knight Financial Services, in i...
Wed, Nov 22 2017, 8:47 AM
This month's half-hearted rally in refinancing didn't last long . During the week that ended November 10, applications for refinancing made up more th...
Tue, Nov 21 2017, 11:00 AM
Existing home sales continued a gradual recovery in October after a summer of sliding sales. For the second straight month the National Association of...
Tue, Nov 21 2017, 9:40 AM
Freddie Mac's Economic and Strategic Research Team gave its forecast for housing in 2018 (which, as discussed below, it is now hedging a bit) in its O...
Mon, Nov 20 2017, 9:28 AM
Mortgage delinquencies surged higher in the third quarter of 2017. Most of the increase came in the early stages of non-performance, and much of it ap...
Fri, Nov 17 2017, 5:29 PM
Housing activity in the third quarter of 2017 is described as "continuing its rough patch" in Fannie Mae's latest edition of Economic Developments . T...
Fri, Nov 17 2017, 10:12 AM
The interest rate for loans originated (closed) in October inched down 1 percentage point to 4.20 percent, the lowest rate thus far in 2017, and the s...
Fri, Nov 17 2017, 9:59 AM
It has been a while since all three measures covered in the residential construction report were strongly positive. In fact, certain metrics bordered ...
Thu, Nov 16 2017, 10:38 AM
Builder confidence increased for the second consecutive month after taking a hit in September from the late summer hurricanes. The National Associatio...
Thu, Nov 16 2017, 9:50 AM
Richard Cordray, first Director of the Consumer Financial Protection Bureau (CFPB), will leave the agency at the end of the month. Cordray announced h...
Wed, Nov 15 2017, 12:24 PM
With new home building still lagging other measures of the housing recovery, and lean inventories of new homes causing shortages of existing homes as ...
Wed, Nov 15 2017, 10:29 AM
FHA's Mortgage Insurance Fund (MIF) lost ground this past year, which is bad news for those hoping for a cut in its fees. The Department of Housing an...
Wed, Nov 15 2017, 8:56 AM
The week ended November 10 saw a strong pickup in applications for refinancing but continued weakness in those for home purchases. The Mortgage Banker...
Tue, Nov 14 2017, 11:24 AM
The Mortgage Bankers Association (MBA) says that information collected through its Builder Application Survey (BAS), shows mortgage applications for n...
Tue, Nov 14 2017, 10:52 AM
To no one's surprise, measures of mortgage distress , including delinquencies, serious delinquencies, and foreclosures, were down again in August , wi...
Tue, Nov 14 2017, 10:00 AM
Most households buy a home to live in and raise a family. Consequently, they may not view a home as a financial asset in the same way they view their ...
Fri, Nov 10 2017, 12:55 PM
Someone must have passed a law; if it is November, you must publish something debunking bubbles. The saturation point is near, but the latest contribu...
Thu, Nov 9 2017, 4:56 PM
In June the National Association of Realtors® (NAR) released a "working paper" from the Rosen Consulting Group and the Fisher Center for Real Estate a...
Wed, Nov 8 2017, 3:52 PM
Fannie Mae blamed diminished confidence in both buying and selling a home for a 3.1 percentage point drop in its Home Purchase Sentiment Index (HPSI) ...
Wed, Nov 8 2017, 12:08 PM
According to CoreLogic, it doesn't matter whether you rent or recently bought a home, your housing costs probably went up over the last year. Two sepa...
Wed, Nov 8 2017, 9:11 AM
Mortgage application activity was generally muted last week accoording to the Mortgage Bankers Association (MBA). Where there were changes in the MBA'...
Tue, Nov 7 2017, 11:37 AM
Data from CoreLogic could be sounding a bubble alarm. The company's Home Price Report for September jumped almost a point from the previous month, and...
Tue, Nov 7 2017, 9:56 AM
During the first eight months of 2017, home prices increased at the fastest clip than any equivalent time period since 2013. Black Knight Financial Se...
Tue, Nov 7 2017, 9:56 AM
Access to mortgage credit changed very little over the first nine months of 2017, and when there were increases, it seemed always to be the availabili...
Mon, Nov 6 2017, 11:20 AM
The last of a series of three working papers on the hurdles hampering homeownership was introduced on Friday in conjunction with the 2017 Realtors® Co...
