Fri, Jul 21 2017, 11:29 AM
It remains to be seen if it passes into law, or how it will hold up during the process, but housing industry groups say an agreement has been hammered...
Thu, Jul 20 2017, 3:39 PM
The single agency security toward which the GSEs, Fannie Mae and Freddie Mac and their regulator, the Federal Housing Finance Agency (FHFA), have been...
Thu, Jul 20 2017, 9:28 AM
Refinancing held its ground in June, with that share of the mortgage market remaining at 32 percent. While that is a significant decline from the 47 p...
Thu, Jul 20 2017, 9:15 AM
Black Knight Financial Services said on Thursday that continued low interest rates fostered another increase in prepayments . The national prepayment ...
Wed, Jul 19 2017, 9:48 AM
Housing permits and starts both reversed their respective two-month slides in June, and both did so convincingly , far outpacing analysts' expectation...
Wed, Jul 19 2017, 8:24 AM
Mortgage application volume bounced back during the week ended July 14, following a sharp downturn a week earlier. That week had been shortened by the...
Tue, Jul 18 2017, 11:43 AM
Our neighbors to the north seem to think the grass is pretty green on this side of the fence. The National Association of Realtors® (NAR) says that fo...
Tue, Jul 18 2017, 10:38 AM
Home builder confidence continues backing down from its post-crisis peak earlier this year, although the National Association of Realtors (NAHB) calls...
Mon, Jul 17 2017, 1:02 PM
Applications for mortgages to purchase newly constructed homes posted what was termed a seasonal decline in June. The Mortgage Bankers Association sai...
Mon, Jul 17 2017, 1:01 PM
Fannie Mae said it is sticking with its forecast for 2.0 percent economic growth in 2017, a projection it first made in February. The estimate of 2.1 ...
Fri, Jul 14 2017, 3:47 PM
Community banks and credit unions may soon be subject to new guidelines that will require them to report information on home equity lines of credit, d...
Fri, Jul 14 2017, 10:12 AM
Credit availability appeared to have improved slightly in June as three of the four components in the Mortgage Bankers Association's (MBA's) Mortgage ...
Fri, Jul 14 2017, 9:33 AM
Redfin, the Seattle-based real estate company, says that the drought in listings that has affected the inventory of homes for sale marked its 21 st mo...
Thu, Jul 13 2017, 12:39 PM
Unlike many other countries, America has a consumer-driven economy. The National Association of Home Builders (NAHB), in a couple of recent entries in...
Wed, Jul 12 2017, 12:05 PM
Time heals all wounds as the old saying goes, and the decade that has passed since the housing crisis seems to have allowed many Americans to recover ...
Wed, Jul 12 2017, 9:02 AM
Americans were apparently more interested in picnics and fireworks last week than in buying or refinancing their homes. At least that's what we might ...
Tue, Jul 11 2017, 3:40 PM
The Bureau of Labor Statistics monthly Job Openings and Labor Turnover Survey (JOLTS) for May showed fewer job openings than analysts had expected, 5....
Tue, Jul 11 2017, 11:54 AM
While the overall percentage of non-current mortgage loans declined over the 12 months that ended in April, there was an uptick of those in the early ...
Tue, Jul 11 2017, 9:34 AM
Black Knight's current Mortgage Monitor notes that refinances are increasingly being driven by a cash-out rather than interest rate motives both becau...
Mon, Jul 10 2017, 9:35 AM
The housing industry has been looking for a slowdown in home price growth for several years, but quite the contrary has occurred. Black Knight Financi...
Fri, Jul 7 2017, 3:33 PM
The Consumer Financial Protection Bureau (CFPB) has announced final updates to it "Know Before You Owe" mortgage disclosure rule which went into effec...
Fri, Jul 7 2017, 10:46 AM
It may be good news for those skinny housing inventories, homebuyers are allegedly confronting that increasing numbers of homeowners think now is a go...
Thu, Jul 6 2017, 3:20 PM
According to Federal Reserve Governor Jerome H. Powell, the current housing finance status quo may feel comfortable , but it is also unsustainable . P...
Thu, Jul 6 2017, 3:16 PM
CoreLogic, which maintains it employs "the largest panel of appraisers in the country ," looked at the possibilities for regulatory changes to the ind...
Thu, Jul 6 2017, 8:39 AM
In a report delayed from its usual Wednesday release by the July 4 th holiday, The Mortgage Bankers Association (MBA) said on today that increased pur...
Wed, Jul 5 2017, 12:07 PM
Redfin, the Seattle-based real estate brokerage (among other things) company is expected to soon take its place on the Nasdaq. The company filed a lon...
Wed, Jul 5 2017, 10:20 AM
Home prices ratcheted down their rate of gains in May, although as they say, it is all relative. After jumping by 1.6 percent in both March and April,...
Mon, Jul 3 2017, 10:51 AM
Construction spending was essentially flat in May when compared to April. The U.S. Census Bureau said on Monday that there were seasonally adjusted an...
Mon, Jul 3 2017, 9:12 AM
Fannie Mae's Book of Business increased at a compounded annual rate of 1.5 percent in April to a value of $3.168 trillion compared to $3.164 trillion ...
Fri, Jun 30 2017, 1:02 PM
"Mortgage borrowers frequently make costly refinancing mistakes by either refinancing when they should wait, or by waiting when they should refinance....
Thu, Jun 29 2017, 10:51 AM
The Urban Institute (UI) releases a regular report, Housing Finance at a Glance , a "chartbook" loaded with charts and commentary on mortgage activity...
Wed, Jun 28 2017, 10:39 AM
Pending home sales failed to rise as expected in May, the third straight month that measure has declined. The National Association of Realtors'® (NAR'...
Wed, Jun 28 2017, 10:01 AM
The Consumer Financial Protection Bureau (CFPB) says it has learned that some servicers anticipate some calendar-related problems in complying with th...
Wed, Jun 28 2017, 8:47 AM
Applications for mortgages plunged during the week ended June 23, even as interest rates remained relatively stable. The Mortgage Bankers Association ...
Tue, Jun 27 2017, 1:59 PM
Bloomberg is reporting there appears to be yet another plan in the long running reality show featuring the government sponsored enterprises or GSEs. F...
Tue, Jun 27 2017, 10:27 AM
The S&P CoreLogic Case-Shiller National Home Price Index for April set a record high , on a non-seasonally adjusted (NSA) basis for the fifth consecut...
Mon, Jun 26 2017, 12:25 PM
Is there relief in sight for those oft cited, much maligned tight housing inventories? The National Association of Realtors® (NAR) sees a glimmer of h...
Mon, Jun 26 2017, 11:23 AM
As home buying affordability has declined, it has indirectly moved lenders' apparent willingness to loosen credit standards in the opposite direction....
Mon, Jun 26 2017, 10:11 AM
The third major home price indicator of the month was released on Monday and again there was no indication that the rate of appreciation is slowing . ...
Mon, Jun 26 2017, 10:08 AM
On November 30, 2016 Freddie Mac's economists issued their monthly Outlook which, in light of the sudden surge in interest rates earlier that month, w...
Fri, Jun 23 2017, 2:09 PM
The final installment of a series of working papers produced by the University of Southern California (USC), in partnership with Fannie Mae, looks at ...
Fri, Jun 23 2017, 10:46 AM
The report on May new home sales, released this morning, paints a much brighter picture than last month's release of April data. In that report, the U...
Thu, Jun 22 2017, 9:38 AM
April data from the Federal Housing Finance Agency (FHFA) indicates that, once again, there was no moderation in the pace of home price increases . FH...
Thu, Jun 22 2017, 9:18 AM
Prepayments, apparently spurred by the recent retreat in interest rates, soared in May. Black Knight Financial Services, in its "first look" at the mo...
Thu, Jun 22 2017, 9:17 AM
Originations are increasingly tilted toward home purchase mortgages per the latest Origination Insight Report from Ellie Mae. The May data show the sh...
Wed, Jun 21 2017, 10:22 AM
Existing home sales weren't expected to strengthen in May, in fact analysts were looking for a slight decline. Sales however did manage to recover fro...
Wed, Jun 21 2017, 9:21 AM
The volume of applications for refinancing expanded for the third consecutive time during the week ended June 16. The Mortgage Bankers Association (MB...
Tue, Jun 20 2017, 10:20 AM
New home purchase mortgages became a little riskier in the first quarter of 2017 per CoreLogic. The company said its Housing Credit Index (HCI), which...
Tue, Jun 20 2017, 9:43 AM
Mortgage Bankers Association President and CEO David H. Stevens, has released a statement objecting to one of the three recommendations made this week...
Tue, Jun 20 2017, 9:42 AM
Fannie Mae's Economic and Strategic Research Team hedged a few bets in its June economic summary. It laid out some wild cards while predicting that th...