Mon, May 23 2016, 10:03 AM
Apparently the foreclosure crisis is no longer particularly newsworthy . We conclude that because, for the first time in recent memory, RealtyTrac, ...
Fri, May 20 2016, 10:57 AM
The National Association of Realtors® (NAR) said today that existing home sales sustained their recent momentum into April and rose 1.7 percent comp...
Fri, May 20 2016, 5:22 PM
A decrease in cash sales in February put 2016 on track to have the lowest share of such transactions in eight years. CoreLogic said that all cash purc...
Thu, May 19 2016, 9:54 AM
Zombie foreclosures, those in which the properties become vacant before the legal process is complete, are down 36 percent in the current quarter co...
Thu, May 19 2016, 9:50 AM
Loan closing timelines in April remained at the recent low levels established the previous month according to Ellie Mae's new Origination Insight R...
Wed, May 18 2016, 7:44 AM
Both mortgage applications and interest rates were essentially directionless during the week ended May 13. The Mortgage Bankers Association said it...
Wed, May 18 2016, 4:02 PM
As Fannie Mae did earlier in its May Economic Summary, Freddie Mac today downgraded its outlook for economic growth for the remainder of 2016. And ...
Wed, May 18 2016, 3:57 PM
Fannie Mae has again downgraded expectations for economic growth in 2016. Doug Duncan, senior vice president and chief economist and the ESR Macroeco...
Tue, May 17 2016, 10:09 AM
Permits for residential construction reversed a four-month slide in April and housing starts bounced back from a sharp March decline. The increases ...
Mon, May 16 2016, 10:38 AM
The index that measures builder confidence in the new home market was unchanged in May for the fourth straight month the National Association of H...
Mon, May 16 2016, 5:22 PM
Despite a mortgage lending environment that is both the most conservative and safest we have ever seen, David H. Stevens. President and CEO of the Mor...
Fri, May 13 2016, 10:52 AM
Most of the categories covered by the Mortgage Bankers Association's (MBA's) 1 st quarter National Delinquency Survey are now back to pre-housing cri...
Fri, May 13 2016, 10:44 AM
Applications to purchase new homes experienced a
sharp drop in April, falling 11 percent from March. But the Mortgage Bankers Association (MBA),
wh...
Thu, May 12 2016, 10:50 AM
Fannie Mae continues to dribble out findings from its Q1 Mortgage Lender Sentiment Survey®. The latest installment is an entry on the company's FM C...
Wed, May 11 2016, 8:37 AM
Despite mortgage rates that continue to hover near 2016 lows, mortgage application activity was essentially flat during the week ended May 6. Refin...
Wed, May 11 2016, 2:09 PM
Completed foreclosures were up in March, with a substantial increase compared to February, but continued to fall on an annual basis. CoreLogic said t...
Tue, May 10 2016, 10:41 AM
The net number of consumers who told Fannie Mae surveyors in April they think it is currently a good time to sell a house soared in April. However,...
Mon, May 9 2016, 1:00 PM
Is flipping back in vogue? CoreLogic, in a two-part article published in its blog says activity is up, but so far we are seeing nothing like the lev...
Fri, May 6 2016, 10:51 AM
Distressed properties represented a smaller share of all home sales once again in February. CoreLogic reports that 11.1 percent of closed sales durin...
Fri, May 6 2016, 10:48 AM
In releasing its first quarter financial results on Thursday Fannie Mae surprised some by not following Freddie Mac down the rabbit hole. The larger ...
Fri, May 6 2016, 10:47 AM
Are low-down payment buyers beginning to benefit from a price war? The Urban Institute says that the Federal Housing Market has had an edge with ho...
Thu, May 5 2016, 9:49 AM
New programs offering low downpayment options for GSE loans weren't enough to compensate for more stringent jumbo loan standards in April. This resul...
Wed, May 4 2016, 9:11 AM
Freddie Mac said today that the company had a net loss in the first quarter of 2016, the first time in four years that it has failed to show a pro...
Wed, May 4 2016, 8:55 AM
Average contract mortgage interest rates inched up again during the week ended April 29 and mortgage application activity slowed in response. The M...
Tue, May 3 2016, 10:43 AM
CoreLogic released the first of the major home price estimates for March on Tuesday. The company's Home Price Index (HPI) estimates for both January ...
Tue, May 3 2016, 10:38 AM
Change is all around us. The Wall Street Journal reports that the CFPB plans to bring the largest online lending platforms under its supervision by ...
Mon, May 2 2016, 1:28 PM
Any benefits to affordability delivered by recent improvements in interest rates have been significantly downgraded or even erased by home price inc...
Mon, May 2 2016, 1:16 PM
Overall construction spending rose 0.3 percent in March to a seasonally adjusted annual rate of $1.14 trillion compared to $1.13 trillion in Februar...
Fri, Apr 29 2016, 11:29 AM
Does a financial boost from mom and dad make it more likely a young person will buy a home? It depends. And that might change.
Those statements...
Fri, Apr 29 2016, 11:26 AM
The Consumer Financial Protection Agency (CFPB) just opened the door to possible changes and refinements in its Know Before You Owe rule. The agenc...
Thu, Apr 28 2016, 12:24 PM
Home sales may be rising, but homeownership in the United States is heading down once again.
After gains in the second half of 2015, the homeowners...
Thu, Apr 28 2016, 10:39 AM
Home prices rose 0.7 percent from January to February according to Black Knight Financial Services. The company's Home Price Index (HPI) was at $245,...
Thu, Apr 28 2016, 10:32 AM
What has just moved from fifth place in the World Economic Forum's list of global risks to the top of the heap? The "failure of climate change medi...
Wed, Apr 27 2016, 11:34 AM
Pending home sales rose for the second straight month in March although the increase was less than in February. The National Association of Realtors®...
Wed, Apr 27 2016, 8:13 AM
Mortgage application volume fell across the board during the week ended April 22. Applications were down for both purchase mortgages and refinancin...
Tue, Apr 26 2016, 10:12 AM
Home prices in the U.S. posted a 5.3 percent increase from February 2015 to February 2016 according to the S&P/Case Shiller index covering all nine U....
Tue, Apr 26 2016, 3:49 PM
Housing remains the bright spot in a darkening economic outlook according to Freddie Mac's economists. Though they have revised their forecast for ec...
Tue, Apr 26 2016, 3:45 PM
Could it be that consumers actually seem to enjoy sitting at the closing table? That appears to be one finding from a recent survey of homeowners b...
Tue, Apr 26 2016, 3:41 PM
Mortgage servicing remains a sore spot for consumers, especially those having problems paying their loans. The Consumer Financial Protection Bureau...
Mon, Apr 25 2016, 10:57 AM
The national delinquency rate as reported by Black Knight Financial Services has now dropped to levels not seen in 15 years while the serious delinq...
Mon, Apr 25 2016, 10:53 AM
March was another disappointing month for new home sales however subsequent revisions continue to positively affect earlier estimates. The Census Bur...
Fri, Apr 22 2016, 12:32 PM
Members of the National Association of Home Builders' (NAHB) remodeling division reported that market conditions remained about the same in the first ...
Fri, Apr 22 2016, 12:24 PM
All cash sales continued at an elevated level in January, increasing from December but accounting for a substantially lower share of sales than a year...
Thu, Apr 21 2016, 10:22 AM
Home price increases across the U.S. remained stable in February at +0.4 percent after the Federal Housing Finance Agency (FHFA) revised its original ...
Thu, Apr 21 2016, 10:18 AM
It appears that lenders have surmounted the initial difficulties they encountered with the roll-out of the new Truth-in-Lending disclosures (TRID) req...
Wed, Apr 20 2016, 11:56 AM
Spring market buyers got down to business in March and existing home sales rebounded, up 5.1 percent but didn't quite recover from a disappointing F...
Wed, Apr 20 2016, 9:51 AM
Fannie Mae's economists said Friday that housing indicators continue to be mixed. In the company's April Economic and Strategic Research report Senio...
Wed, Apr 20 2016, 8:39 AM
In a week when rates continued holding near multi-year lows, mortgage application activity increased, but the gain during the week ended April 15 was ...
Tue, Apr 19 2016, 10:59 AM
There probably isn't a lot of
backslapping going on in the housing world this morning. March residential construction data released
by the U.S. Cen...
Mon, Apr 18 2016, 10:44 AM
For the third consecutive month the Housing Market Index (HMI) was unchanged. After rising to a decade high of 65 in October, the HMI, jointly spo...
