Wed, Oct 4 2017, 11:48 AM
While assuring members of Congress that it is their role to make decisions about housing finance reform, Melvin L. Watt, Director of the Federal Housi...
Wed, Oct 4 2017, 8:33 AM
Once again, a slowdown in refinancing overcame a slight improvement in applications for purchase mortgages, sending the Mortgage Bankers Association's...
Tue, Oct 3 2017, 11:14 AM
The highest property taxes in 2016 were paid by homeowners New Jersey, and the lowest were in Alabama. The difference between the two was impressive; ...
Tue, Oct 3 2017, 10:27 AM
Home prices posted strong increases again in August. CoreLogic's Home Price Index was up 0.9 percent on a month-over-month basis, the same gain it pos...
Mon, Oct 2 2017, 1:35 PM
Construction spending in August came in a little higher than expected, posting the first increase in three months. Unlike housing starts and completio...
Mon, Oct 2 2017, 12:18 PM
Even though Hurricane Harvey didn't hit the Houston area until very late in August, its effects are already being felt on mortgage performance. Black ...
Fri, Sep 29 2017, 12:23 PM
Mortgage fraud may be both more prevalent than lenders know and more insidious than they realize according to Bridget Berg, a principal in Industry So...
Thu, Sep 28 2017, 10:38 AM
While it is still within what is considered normal limits, credit risk did move higher among loans originated during the second quarter of the year. C...
Wed, Sep 27 2017, 12:51 PM
Ginnie Mae, is a wholly owned U.S. government corporation that guarantees and securitizes pools of mortgages originated through FHA, Veterans Administ...
Wed, Sep 27 2017, 10:22 AM
The prospects for home sales weakened further in August, and the National Association of Realtors® (NAR) has downgraded its sales forecast for the rem...
Wed, Sep 27 2017, 9:10 AM
A second consecutive downturn in refinancing volume during the week ended September 22 offset one of the best weeks for purchase mortgage applications...
Tue, Sep 26 2017, 10:43 AM
New home sales were down again in August, following a 9.4 percent plunge in July. The U.S. Census Bureau and the Department of Housing and Urban Devel...
Tue, Sep 26 2017, 9:59 AM
The S&P CoreLogic Case-Shiller U.S. National Home Price Index accelerated again in July , posting a 5.9 percent year-over-year gain compared to 5.8 pe...
Mon, Sep 25 2017, 12:38 PM
Since the fourth quarter of 2016, lenders have increasingly reported to Fannie Mae that they have been loosening their home mortgage credit standards....
Mon, Sep 25 2017, 10:37 AM
Home sales might be a bit disappointing, but the National Association of Realtors® (NAR) says consumer attitudes about the economy are not the reason ...
Mon, Sep 25 2017, 9:29 AM
After accelerating on a year-over-year basis through every previous month in 2017, the rate of home price appreciation appears to have stabilized in J...
Fri, Sep 22 2017, 12:26 PM
Refinancing accounted for 35 percent of all mortgages originated in August, unchanged from July, but down from 47 percent at the beginning of the year...
Fri, Sep 22 2017, 11:14 AM
Sometimes government gets it right. The Urban Institute (UI) clearly thinks that the Home Affordable Refinance Program, at least in its second iterati...
Fri, Sep 22 2017, 9:18 AM
Rising home prices continue to fuel fast growth in household equity. CoreLogic said on Thursday that owners of mortgaged properties in the U.S. (rough...
Thu, Sep 21 2017, 12:36 PM
Hard to believe it's already that time again, but Freddie Mac's Economic and Housing Research Group are out with their forecast for 2018. The headline...
Thu, Sep 21 2017, 9:48 AM
Home prices increased by 0.2 percent from June to July according to the Federal Housing Finance Agency's (FHFA's) House Price Index (HPI). The previou...
Wed, Sep 20 2017, 10:53 AM
August was yet another disappointing month for existing home sales. The National Association of Realtors® (NAR) says those sales were down for the fou...
Wed, Sep 20 2017, 8:52 AM
Overall mortgage application activity diminished significantly during the week ended September 15, but refinancing continued to hold its own, represen...
Tue, Sep 19 2017, 1:42 PM
Jumbo refinances led the way as mortgage fraud risk posted another gain in the second quarter of 2017. CoreLogic reports that overall risk, as measure...
Tue, Sep 19 2017, 10:03 AM
Residential construction outcomes in August were mixed, with permitting enjoying a strong comeback after more than a 4 percent downturn in July, but h...
Mon, Sep 18 2017, 12:21 PM
A new study is providing more evidence that student debt is disrupting the lifecycle of the housing market. The survey, conducted jointly by the Natio...
Mon, Sep 18 2017, 10:36 AM
Hurricanes Harvey and Irma, which ravaged Texas and Florida respectively, are taking at least some of the blame for diminishing builder confidence in ...
Mon, Sep 18 2017, 9:29 AM
In the literal wake of a second major hurricane in as many weeks, Black Knight Financial Services is again warning of some potentially disastrous outc...
Fri, Sep 15 2017, 11:11 AM
The Consumer Financial Protection Agency (CFPB) does not provide guidance to the financial institutions it regulates. Instead it has evolved into a re...
Wed, Sep 13 2017, 10:13 AM
CoreLogic reported on Tuesday that the national mortgage delinquency rate in June was again the lowest in nearly a decade . The company's Loan Perform...
Tue, Sep 12 2017, 11:21 AM
Last year Freddie Mac and Fannie Mae announced that their implementation of the Home Affordable Refinance Program (HARP) would continue through the en...
Tue, Sep 12 2017, 11:21 AM
If anything could be worse than half of the adults in the country having their personal and credit information hacked and stolen, it could be the way ...
Mon, Sep 11 2017, 9:56 AM
While Irma is battering the Florida coast and costing untold billions in damages, Black Knight Financial Services released information about the ultim...
Fri, Sep 8 2017, 11:32 AM
In response to the 2007-2008 financial crisis and the ensuing Great Recession, some central banks, including the U.S. Federal Reserve, put some unconv...
Thu, Sep 7 2017, 1:18 PM
As hurricane Irma roars toward Florida, and the Houston area tries to dry out from hurricane Harvey, Fannie Mae is reminding those homeowners might be...
Thu, Sep 7 2017, 12:12 PM
Consumer sentiment regarding whether it is a good time to buy or to sell a home continues to diverge as rising home prices impact both. Fannie Mae sai...
Wed, Sep 6 2017, 10:45 AM
Mortgage originations by nonbanks have not only surged past those coming from regulated banks, but according to the Urban Institute (UI), they are hel...
Wed, Sep 6 2017, 8:14 AM
A resurgence in refinancing drove the volume of mortgage applications higher during the week ended September 1. The Mortgage Bankers Association said ...
Tue, Sep 5 2017, 9:56 AM
Black Knight Financial Services put a coda on home price reports for June while CoreLogic opened the next round for July. Both report another round of...
Fri, Sep 1 2017, 12:03 PM
Total spending on construction slipped nationwide in July, down 0.6 percent from June to a seasonally adjusted annual rate of $1.21 trillion, but it r...
Fri, Sep 1 2017, 9:55 AM
CoreLogic, which provides data and analytics to the insurance as well as the mortgage industry, has issued some preliminary estimates for the resident...
Thu, Aug 31 2017, 10:21 AM
Last month's resurgence in pending home sales didn't last long . Sales ended a three-month fad in June with a 1.5 percent increase in the Pending Home...
Wed, Aug 30 2017, 2:29 PM
To paraphrase Mark Twain, reports of the demise of the ARM may have been greatly exaggerated . The market share of ARMs (adjustable rate mortgages) dr...
Wed, Aug 30 2017, 9:13 AM
Applications for both home purchase mortgages and refinancing declined last week, pulling overall volume lower for the second week in a row. The Mortg...
Tue, Aug 29 2017, 3:16 PM
The bottom line for many mortgage banks recovered significantly in the second quarter of 2017, after two quarters of severely declining profits. The M...
Tue, Aug 29 2017, 1:29 PM
Another day, another Wells Fargo consumer lawsuit. This time the bank is confronting a class action suit accusing it of improperly charging mortgage c...
Tue, Aug 29 2017, 12:11 PM
Freddie Mac reported today that its total mortgage portfolio increased at an annualized rate of 1.8 percent in July. The portfolio balance at the end ...
Tue, Aug 29 2017, 10:32 AM
Although home prices were generally expected to begin cooling off by the middle of 2017, the most recent Case-Shiller Home Price Index suggests the st...
Fri, Aug 25 2017, 10:54 AM
In July, the Consumer Financial Protection Bureau (CFPB) said it was rethinking implementation of its rules changing reporting requirements for the Ho...
Thu, Aug 24 2017, 4:21 PM
The quarterly report from the Mortgage Bankers Association (MBA) based on its National Delinquency Survey seems like old times. MBA reports that most,...
