Mon, May 8 2017, 10:15 AM
Can a letter, or another form of communication, sent by Party A and received by Party B, remain the exclusive property of Party A, even when in the ph...
Thu, May 4 2017, 11:44 AM
After years of quantitative easing, the Federal Reserve is estimated to own $1.75 trillion in agency mortgage-backed securities (MBS). The securities ...
Thu, May 4 2017, 11:31 AM
There was a very slight downward change in the availability of mortgage credit last month, driven primarily by on ongoing slippage in the availability...
Wed, May 3 2017, 9:03 AM
Mortgage application volume decreased for the second consecutive week as the growing pool of purchase mortgage applications just missed covering the g...
Tue, May 2 2017, 10:57 AM
Home prices measured by CoreLogic's Home Price Index (HPI) posted their largest gains in nearly a year in March, continuing to confound the company's ...
Tue, May 2 2017, 10:54 AM
Down but not out. It ain't over 'til its over... All available clichés may apply to Ocwen Financial Corporation. At least the corporation hopes so. Th...
Tue, May 2 2017, 10:50 AM
In the second quarter of last year the homeownership rate hit its lowest level in U.S. Census Bureau reports going back 20 years, 62.9 percent. This c...
Tue, May 2 2017, 10:06 AM
The Supreme Court ruled on Monday, in Bank of America Corp. v City of Miami , that cities can bring suits alleging discrimination under the Fair Housi...
Mon, May 1 2017, 2:13 PM
It wouldn't be surprising to find both lenders and consumers suffering from whiplash following the first quarter of 2017. Mortgage rates, which shifte...
Mon, May 1 2017, 1:19 PM
Construction spending dipped slightly in March, although privately funded spending held its ground and residential construction activity was at a high...
Fri, Apr 28 2017, 11:32 AM
Here we go again? Sam Khater, CoreLogic's deputy chief economist, says loan performance is beginning to show some cracks in what has been a near perfe...
Fri, Apr 28 2017, 11:29 AM
The share of sales that are all-cash continues at an elevated level. CoreLogic reports cash transactions accounted for 36.5 percent of all home sales ...
Thu, Apr 27 2017, 10:28 AM
Is there mostly good news in the negative number for March pending home sales? The National Association of Realtors says yes. The NAR's Pending Home S...
Wed, Apr 26 2017, 10:04 AM
Mortgage application volume rose during the week ended April 21, solely from a significant increase in refinancing. The Mortgage Bankers Association (...
Wed, Apr 26 2017, 5:15 PM
Last week, with considerable fanfare , the Mortgage Bankers Association released its plan for reforming the housing finance system, including a resolu...
Wed, Apr 26 2017, 5:14 PM
Although it features a rather shameless pitch to play a major role in a reorganized National Flood Insurance Program (NFIP), CoreLogic has published, ...
Tue, Apr 25 2017, 10:33 AM
New home sales jumped higher in March, posting their third consecutive gain. Sales of newly constructed single-family homes were at a seasonally adjus...
Tue, Apr 25 2017, 9:26 AM
Both of the major price indices released this morning showed continued growth in home price appreciation. The S&P CoreLogic Case-Shiller National Home...
Tue, Apr 25 2017, 2:16 PM
At $1.4 trillion, student loan debt represents the U.S.'s second largest debt market behind mortgages and, in several recent surveys, younger responde...
Mon, Apr 24 2017, 10:51 AM
Home prices in February rose at their fastest pace since last June, up 0.8 percent on a month-over-month basis. Black Knight Financial Services said i...
Mon, Apr 24 2017, 10:04 AM
Americans could be approaching new levels when it comes to mortgage loan performance. Black Knight Financial Services says, in its "first look" at Mar...
Fri, Apr 21 2017, 10:32 AM
The share of purchase loans originated in March climbed to 63 percent of all originations from 57 percent in February. Ellie Mae's Origination Insight...
Fri, Apr 21 2017, 10:30 AM
Sales of existing homes surged in March to a seasonally adjusted annual rate of 5.71 million, rising 4.4 percent from an unexpected decline in Februar...
Thu, Apr 20 2017, 11:29 AM
Calling the reform of the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac "the last piece of unfinished business from the 2008 fina...
Thu, Apr 20 2017, 3:44 PM
There are bad days, and worse days, and there are days like Ocwen Financial Corporation (OFC) had on Thursday. The company was not only sued on multip...
Wed, Apr 19 2017, 11:27 AM
Fannie Mae has moved its projected timeline for further Federal Reserve price hikes forward by several months. The company's Economic & Strategic Rese...
Wed, Apr 19 2017, 9:03 AM
Despite a slight uptick in applications for refinancing, the Mortgage Bankers Association (MBA) reports a downturn in overall application volume durin...
Tue, Apr 18 2017, 10:14 AM
Once again, the pace of both residential construction permits and housing starts reversed direction, repeating, in March, the up and down pattern that...
Tue, Apr 18 2017, 5:05 PM
The housing inventory, or lack of it, dominates Freddie Mac's Outlook for April. The company's Economic and Housing Research team says the supply of f...
Mon, Apr 17 2017, 10:44 AM
Even though overall builder confidence retreated from March levels, the National Association of Home Builders (NAHB) called the April reading of the N...
Mon, Apr 17 2017, 3:42 PM
The Consumer Financial Protection Bureau (CFPB) has inviting comment periods on changes to its Home Mortgage Disclosure Act (HMDA) reporting rule. CFP...
Thu, Apr 13 2017, 11:59 AM
Despite a terrible fourth quarter, independent mortgage banks and mortgage subsidiaries of chartered banks managed to have a slightly more profitable ...
Thu, Apr 13 2017, 11:41 AM
The Mortgage Bankers Association (MBA) says it appears that new home sales were exceptional strong in March. Its Builder Application Survey (BAS) show...
Wed, Apr 12 2017, 11:53 AM
Early state mortgage delinquencies are an important measure of mortgage market health, and CoreLogic reports they are continuing to decline . In Janua...
Wed, Apr 12 2017, 8:26 AM
The volume of mortgage applications reversed a three-week losing streak to rise 1.5 percent on a seasonally adjusted basis last week. The Mortgage Ban...
Tue, Apr 11 2017, 11:14 AM
While home sales in 2016 were the strongest in years, the National Association of Realtors® (NAR) said on Tuesday there was a shift in their compositi...
Tue, Apr 11 2017, 9:17 AM
Renter households appear increasingly willing to stay as such, per Freddie Mac. The company has released results from its latest renter survey, conduc...
Fri, Apr 7 2017, 12:24 PM
Servicers might have a loyalty problem. Or, more likely, a marketing one. In its April Mortgage Monitor , much of which we covered earlier this week, ...
Fri, Apr 7 2017, 10:04 AM
Fannie Mae and Freddie Mac were big players in the multi-family sector of the commercial real estate market last year. According to the Mortgage Banke...
Fri, Apr 7 2017, 2:42 PM
After a couple of high flying months and after setting several survey records in February, Fannie Mae's Home Purchase Sentiment Index (HPSI) ran out o...
Thu, Apr 6 2017, 10:09 AM
Access to jumbo mortgage loans rebounded from a loss in February to drive the Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Inde...
Wed, Apr 5 2017, 10:54 AM
The Urban institute's (UI's) Ellen Seidman is reporting on an UI event held last month to discuss what she terms "overly restrictive credit-scoring sy...
Wed, Apr 5 2017, 8:25 AM
The volume of purchase mortgages continued to increase during the week ended March 31, but steadily shrinking refinance numbers once again pulled over...
Tue, Apr 4 2017, 11:04 AM
CoreLogic says house price increases picked up the pace again in February. After the rate of appreciation dipped from 7.2 percent for the 12 months en...
Mon, Apr 3 2017, 10:16 AM
The conditional prepayment rate (CPR), the annualized percentage of total mortgage principal that borrowers prepay on a pool of loans in a given time ...
Mon, Apr 3 2017, 1:42 PM
Spending on residential buildings fared better than overall construction spending in February. The U.S. Census Bureau said on Monday that expenditures...
Fri, Mar 31 2017, 11:39 AM
After gathering little attention for nearly a decade, the two GSEs, Fannie Mae and Freddie Mac are making news on several fronts. Two developments in ...
Thu, Mar 30 2017, 10:01 AM
Appraised values are key in underwriting a mortgage loan and CoreLogic says one of the challenges is to make sure the information an appraisal provide...
Wed, Mar 29 2017, 10:29 AM
Pending home sales in February surprised everyone with an unexpected jump of 5.5 percent . The National Association of Realtors® said its Pending Home...
Wed, Mar 29 2017, 9:47 AM
Back in December the Urban Institute (UI) put a number on the much maligned but somewhat amorphous term "tight credit." It maintained that, between 20...
