Thu, Nov 3 2016, 12:13 PM
Several positive factors contributed to a rise in the Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index in October. MBA's Vice...
Wed, Nov 2 2016, 8:22 AM
Mortgage applications dropped to their lowest levels since last spring during the week ended October 28. The Mortgage Bankers Association (MBA) said i...
Wed, Nov 2 2016, 4:36 PM
Construction spending continued to be lukewarm in September, lagging behind both September 2015 and August 2016. Multi-family construction was among t...
Tue, Nov 1 2016, 10:16 AM
The first of the September home price indices came out on Tuesday, and the CoreLogic Home Price Index (HPI) showed price gains, while not slowing, are...
Mon, Oct 31 2016, 10:29 AM
The fourth and last of the August home price estimates is in and none of them show any slowing of appreciation. Among peers, Black Knight Financial Se...
Fri, Oct 28 2016, 12:49 PM
Consumer Financial Protection Bureau (CFPB) chief Richard Cordray announced on Thursday that his agency had issued warning letters regarding reporting...
Thu, Oct 27 2016, 11:48 AM
Large burdens of student debt have been blamed by many for the delay in homebuying that has characterized the Millennial generation. In a recent post ...
Thu, Oct 27 2016, 10:47 AM
Pending home sales bounced back in September after falling by 2.5 percent in August the National Association of Realtors® (NAR) said on Thursday. NAR'...
Wed, Oct 26 2016, 10:49 AM
New home sales resumed their upward march in September, rising above August sales which had retreated significantly from a near decade-long high of 62...
Wed, Oct 26 2016, 8:12 AM
Mortgage applications declined on a seasonally adjusted basis during the week ended October 21 compared to the week ended October 14. The results for ...
Tue, Oct 25 2016, 11:05 AM
Price gains accelerated in August, rising more year-over-year than they did in July according to data released today by both the Federal Housing Finan...
Mon, Oct 24 2016, 2:46 PM
Fannie Mae and Freddie Mac each announced what appear to be essentially identical changes in their loan underwriting programs - Fannie calls its new o...
Mon, Oct 24 2016, 2:32 PM
In unusually personal prepared remarks, David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA) told members gathered at the ass...
Fri, Oct 21 2016, 10:51 AM
Deja vu all over again? Freddie Mac says economic growth is recovering from a weak first half of the year, the labor market is holding steady and Fed ...
Fri, Oct 21 2016, 10:40 AM
Housing industry players have decried the absence of first-time homebuyers and the negative impact they have had on the housing recovery. Fannie Mae's...
Thu, Oct 20 2016, 12:55 PM
There is an old saying that they don't build things like they used to, but it seems that houses at least are still built to last . The National Associ...
Thu, Oct 20 2016, 10:55 AM
There is a lot of upbeat news in the September existing home sales report released by the National Association of Realtors® (NAR) on Thursday. Sales r...
Thu, Oct 20 2016, 1:00 PM
Refinancing continued to hold its ground during September, rising from 43 percent of all loan originations in August to 45 percent. Ellie Mae's Origin...
Wed, Oct 19 2016, 10:16 AM
Permits for construction of residential housing improved in September after several dismal months, but housing starts retreated from both August and y...
Wed, Oct 19 2016, 8:48 AM
The week ended October 14 was a quiet one for mortgage applications. The week started with one of those holidays, Columbus Day, that are only partiall...
Wed, Oct 19 2016, 2:46 PM
This month CoreLogic has combined their cash sales and distressed sales data into a single report rather than the two they have issued each month sinc...
Wed, Oct 19 2016, 2:38 PM
Fannie Mae says it expect economic growth will improve on its anemic performance in the first half of 2016 in the second half of the year, rising to 2...
Tue, Oct 18 2016, 10:48 AM
The Housing Market Index (HMI), a measure of home builder confidence in the new home market, gave back a bit of its September surge this month. The Na...
Mon, Oct 17 2016, 10:19 AM
Americans are staying put, both in their homes and in their jobs. The two appear to be related but which is the driving force? In a recent Urban Insti...
Fri, Oct 14 2016, 12:53 PM
Sales of newly constructed homes ticked up 7 percent in September when compared on a non-seasonally adjusted basis to August according to the Mortgage...
Thu, Oct 13 2016, 9:53 AM
Earthquakes may just be the Rodney Dangerfield of natural disasters. They get no respect relative to most other natural disasters--likely due to the i...
Wed, Oct 12 2016, 9:17 AM
The Mortgage Bankers Association (MBA) reported that mortgage applications were down significantly during the week ended October 7, probably respondin...
Wed, Oct 12 2016, 1:31 PM
Anyone who has been paying attention must know that the national homeownership rate, which has been dropping for over a decade , is now at a 50-year l...
Wed, Oct 12 2016, 1:17 PM
A federal appeals court has set aside a massive fine against mortgage lender PHH Corporation and declared that the Consumer Financial Protection Burea...
Tue, Oct 11 2016, 9:57 AM
Fannie Mae acknowledged last week that their form of Acknowledgement Agreement with lenders is " overly complicated and full of dense legal language" ...
Tue, Oct 11 2016, 9:49 AM
As they have following other natural disasters, both Fannie Mae and Freddie Mac have announced that their "full menu of disaster relief policies" will...
Tue, Oct 11 2016, 9:43 AM
CoreLogic reported on Tuesday that all major indicators of housing distress declined by double digits over the last year. The company's August Nationa...
Fri, Oct 7 2016, 12:44 PM
Fannie Mae's Home Purchase Sentiment Index (HPSI), which hit an all-time high of 86.5 in July, has now retreated for two consecutive months. The index...
Fri, Oct 7 2016, 10:50 AM
The Mortgage Bankers Association (MBA) said credit availability increased slightly in September. The Association's Mortgage Credit Availability Index ...
Thu, Oct 6 2016, 11:28 AM
In the first part of a series of article Market Pulse CoreLogic Principal Economist Mark Liu looked at the possibility that a new housing "bubble" was...
Wed, Oct 5 2016, 8:52 AM
Declining rates, in one case returning to July 2016 levels, stoked mortgage application activity during the week ended September 30. The Mortgage Bank...
Tue, Oct 4 2016, 10:10 AM
Prices increases escalated again on a year-over-year basis in August according to information released on Tuesday by CoreLogic. The company's Home Pri...
Tue, Oct 4 2016, 2:16 PM
In the last four years housing prices, according to CoreLogic's Home Price Index (HPI) have risen 40 percent. So, are we heading toward a repeat of th...
Mon, Oct 3 2016, 11:17 AM
Construction spending in August declined slightly from its July pace the Census Bureau said on Monday. It was the third consecutive month it has falle...
Mon, Oct 3 2016, 2:24 PM
In its "first look" at August mortgage performance data Black Knight noted that the Single Month Mortality (SMM) or prepayment rate for the month had ...
Fri, Sep 30 2016, 1:54 PM
The second quarter Mortgage Metric Report from the Office of Comptroller of the Currency (OCC) shows a universe of mortgage loans that are performing ...
Thu, Sep 29 2016, 10:51 AM
Pending home sales were unable to sustain the slight upward tick experienced in July and resumed their downward trend in August, declining by 2.4 perc...
Thu, Sep 29 2016, 10:22 AM
Why are so many people holding on to mortgages with high interest rates? Sentiment? Inertia? Apparently not. In the current issue of CoreLogic's Marke...
Thu, Sep 29 2016, 2:06 PM
The lack of housing affordability is rising among the 414 U.S. counties tracked by ATTOM Data Solutions. ATTOM, the new parent company of RealtyTrac, ...
Thu, Sep 29 2016, 2:01 PM
Sales of distressed homes, both lender-owned properties (REO) and short-sales continue to decline but are still at levels nearly four times what is co...
Wed, Sep 28 2016, 10:32 AM
The all-cash share of residential sales dipped below 30 percent in June, the first time this has happened since 2007. CoreLogic said on Tuesday that c...
Wed, Sep 28 2016, 10:29 AM
To understand the top-line story in the Urban Institute's (UI's) latest Chartbook released on Monday one has to go back to another UI paper published ...
Wed, Sep 28 2016, 8:39 AM
The Mortgage Bankers Association (MBA) reported hardly a ripple in the mortgage market during the week ended September 23. Its Market Composite Index,...
Tue, Sep 27 2016, 10:38 AM
Fannie Mae has announced the implementation of a new version of its automated underwriting system . The company said Version 10.0 of Desktop Underwrit...
Tue, Sep 27 2016, 10:35 AM
While the annual gains in its nationwide index accelerated slightly in July the S&P CoreLogic Case-Shiller 10- and 20-City Composite Indices showed a ...