Wed, Mar 29 2017, 8:17 AM
Mortgage applications saw a third straight decline in volume during the week ended March 24. The Mortgage Bankers Association (MBA) said its Market Co...
Tue, Mar 28 2017, 10:34 AM
Mortgage lenders contacted in the first quarter of 2017 by Fannie Mae's Mortgage Lender Sentiment Survey expressed the highest expectations for the ec...
Tue, Mar 28 2017, 10:22 AM
The S&P CoreLogic Case-Shiller U.S. National Home Price Index for January ran counter to other major prices indices in that it continued to show home ...
Tue, Mar 28 2017, 10:08 AM
There has been a lot of recent activity regarding the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac swirling around and reported ...
Mon, Mar 27 2017, 11:12 AM
The third major home price index released January data released on Monday and it became the third to post a deceleration in the rate of price apprecia...
Fri, Mar 24 2017, 10:51 AM
The share of homes sold for cash fell to the lowest level in nearly a decade in full-year 2016. CoreLogic said that 32.1 percent of all home sales in ...
Fri, Mar 24 2017, 10:47 AM
It wasn't exactly bait and switch, maybe unlawful substitution is closer to the mark. Whatever, Experian, the credit reporting company, has been handi...
Thu, Mar 23 2017, 11:14 AM
New home sales posted a much better February than did existing home sales and, in fact, better than most analysts had expected. The U.S. Census Bureau...
Thu, Mar 23 2017, 10:15 AM
The House Financial Services Committee (FSC) held a hearing on Tuesday into the constitutionality of the structure of the Consumer Financial Protectio...
Thu, Mar 23 2017, 9:57 AM
As further evidence that the era of refinancing is ending, Black Knight Financial Services says that prepayment speeds (the SSM rate), historically a ...
Wed, Mar 22 2017, 11:20 AM
Existing home sales burst out of the box in January to start the year out with a 3.2 percent increase over the previous month. Those gains, however, w...
Wed, Mar 22 2017, 10:56 AM
What a difference a month makes. After posting monthly price increase in all but one month since early 2012, the Federal Housing Finance Agency report...
Wed, Mar 22 2017, 8:36 AM
The Mortgage Bankers Association (MBA) said today that the volume of applications for both purchase mortgages and refinancing retreated last week from...
Tue, Mar 21 2017, 12:39 PM
The reported net profit per loan reported to the Mortgage Bankers Association (MBA) by independent mortgage banks and mortgage subsidiaries of charter...
Tue, Mar 21 2017, 12:36 PM
In terms of credit risk, the loans originated in the fourth quarter of last year are among the highest quality mortgages originated since 2001 accordi...
Mon, Mar 20 2017, 3:28 PM
Fannie Mae's March economic forecast was written before the FOMC announced an increase in the fed funds rate last Wednesday. The company's economists ...
Mon, Mar 20 2017, 2:39 PM
The House Financial Services Committee has scheduled a hearing on March 21 titled "The Bureau of Consumer Financial Protection's (CFPB's) Unconstituti...
Fri, Mar 17 2017, 10:58 AM
Earlier this month, Office of Inspector General (OIG) for the Department of Housing and Urban Development (HUD) submitted a report to the agency claim...
Fri, Mar 17 2017, 10:31 AM
FHA's mortgage share, which surged following the housing crisis and helped shore up the market, is now in a steady decline. However, the loans written...
Thu, Mar 16 2017, 10:10 AM
Housing permits were down in February, wiping out the gains posted in January, while housing starts also reversed course , posting the year's first ga...
Thu, Mar 16 2017, 10:09 PM
Home purchase loans jumped to a 57 percent share of all mortgage originations in February, up from 53 percent in January. Data from the latest Ellie M...
Wed, Mar 15 2017, 10:31 AM
The National Association of Home Builders (NAHB) said its new home builder members displayed a surge of confidence this month. The NAHB/Wells Fargo Ho...
Wed, Mar 15 2017, 8:55 AM
The volume of mortgage applications rose last week even as some interest rates reached their highest levels in nearly three years . The Mortgage Banke...
Wed, Mar 15 2017, 1:15 PM
The National Association of Realtors® (NAR) said consumer confidence is growing across the country, especially in rural and middle America. Its most r...
Tue, Mar 14 2017, 11:47 AM
New home sales are expecting to post an increase of 15.9 percent in February as compared to the previous month. The Mortgage Bankers Association (MBA)...
Tue, Mar 14 2017, 10:42 AM
The three major credit reporting agencies have announced a significant change in their credit reporting metrics that could both boost credit scores fo...
Tue, Mar 14 2017, 2:14 PM
As anniversaries go, it's not much of one to celebrate, but this year the foreclosure crisis marks its tenth year. Since Mid-2007, more than 7.8 milli...
Thu, Mar 9 2017, 11:55 AM
The once- epidemic level of underwater properties retreated further into history in 2016 as another 1 million homeowners regained equity in their home...
Thu, Mar 9 2017, 11:49 AM
There was a slight loosening of mortgage credit access in February, as FHA and VA instituted more streamlined documentation requirements for their loa...
Thu, Mar 9 2017, 9:47 AM
In its most recent Mortgage Monitor , Black Knight Financial Services dug deeper into a topic it had raised in an earlier edition, the seasonality of ...
Thu, Mar 9 2017, 9:37 AM
With the decades of attention the Baby Boomers got vis-à-vis their homebuying habits, and all the worry about the same lavished on Millennials for the...
Wed, Mar 8 2017, 7:57 AM
The Mortgage Bankers Association (MBA) said today that mortgage applications for both purchases and refinancing grew during the week ended March 3. Th...
Tue, Mar 7 2017, 12:05 PM
Home prices measured by CoreLogic's Home Price Index (HPI) for January ended a six-month long pattern of accelerating annual gains. The increases also...
Tue, Mar 7 2017, 11:58 AM
The February installment of the National Housing Survey (NHS) might have broken a record for breaking records. Fannie Mae says its Home Purchase Senti...
Tue, Mar 7 2017, 11:53 AM
Wells Fargo's annual Construction Industry Forecast, based on a survey of construction industry contractors and equipment distributors, reports increa...
Mon, Mar 6 2017, 1:40 PM
A strong fourth quarter helped push mortgage originations for the whole of 2016 to the highest level in four years . Black Knight's Mortgage Monitor r...
Fri, Mar 3 2017, 11:56 AM
Homeowners are opening their favorite piggy bank again — their homes. As home values rise faster than expected, that increased homeowner wealth sudden...
Thu, Mar 2 2017, 5:29 PM
The shifting of the mortgage market toward more purchases as well as declining origination volumes are expected to boost the incidence of mortgage fra...
Wed, Mar 1 2017, 11:03 AM
Construction spending had been expected to recover from the 0.2 percent loss it suffered in December. Analysts polled by Econoday were looking for an ...
Wed, Mar 1 2017, 9:37 AM
Freddie Mac's Insight forecast for February looks at reports that consumer price inflation is rising, and the ensuing debate over "whether or not we a...
Wed, Mar 1 2017, 7:40 AM
The Mortgage Bankers Association (MBA) said mortgage applications rose , on a seasonally adjusted basis, during the week ended February 24, although t...
Tue, Feb 28 2017, 12:07 PM
The spring housing market started early this year, not because of higher-than-average temperatures but because of hotter-than-average demand and overh...
Tue, Feb 28 2017, 10:11 AM
The end is near. CoreLogic said today that the market share of home sales accounted for by distressed properties may return to normal levels by the en...
Tue, Feb 28 2017, 10:09 AM
Black Knight Financial Services reported on Monday that its Home Price Index posted another 5.7 percent annual increase in the national rate of apprec...
Tue, Feb 28 2017, 10:07 AM
Home prices accelerated their growth again in December. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which covers all nine U.S. ...
Mon, Feb 27 2017, 10:36 AM
The Truth-in-Lending/RESPA (TRID) rules implemented in late 2015 have placed increased pressure on the accurate forecasting of estimation of non-mortg...
Mon, Feb 27 2017, 10:24 AM
Tight inventories are again being blamed for a downturn in home sales, this time January's ones. The National Association of Realtor's® (NAR's) Pendin...
Fri, Feb 24 2017, 10:53 AM
Sales of newly constructed homes, had a strong start in 2016 but flattened out toward the end of the year and ended with a dismal December. Now 2017 h...
Thu, Feb 23 2017, 10:15 AM
The Urban Institute (UI) is asking "What has happened to black homeownership?" It has "declined to levels not seen since the 1960s when private race-b...
Thu, Feb 23 2017, 10:10 AM
Rising interest rates took a toll on mortgage prepayments in January. Black Knight Financial Services said the pre-payment rate (SMM) was down 29.83 p...