Fri, Apr 15 2016, 10:46 AM
An estimated 33,000 delinquent Fannie Mae and Freddie Mac (GSE) borrowers may be eligible for a new one-time principal reduction An estimated 33,000 ...
Thu, Apr 14 2016, 9:37 AM
The Mortgage Bankers Association's (MBA's) most recent regular report on mortgage application volume released on Wednesday indicated a sudden pick-up...
Thu, Apr 14 2016, 9:35 AM
Despite what was termed a seasonal increase in March, foreclosure activity in the first quarter of 2016 was at its lowest level in nine years . Re...
Thu, Apr 14 2016, 9:28 AM
Foreclosure activity continues to decline but the change year-over-year in February was minimal, actually smaller than the decrease from January to Fe...
Wed, Apr 13 2016, 10:51 AM
The battle over the future of the two government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac took another turn on Monday, this time one th...
Wed, Apr 13 2016, 8:04 AM
Mortgage applications made a strong showing during the week ended April 8 and for the first time in a while the gains were fairly evenly distributed b...
Tue, Apr 12 2016, 2:36 PM
Year-end figures released on Tuesday by the Mortgage Bankers Association (MBA) shows that profits in at least one sector of mortgage lending increase...
Tue, Apr 12 2016, 2:32 PM
Ever wonder how your life or that of your children might be different had you or they had grown up in a different community? Harvard economists Raj C...
Mon, Apr 11 2016, 10:46 AM
Reuters is reporting that Wells Fargo & Co has agreed to pay a record $1.2 billion to resolve a dispute with the Justice Department over mortgages i...
Mon, Apr 11 2016, 3:57 PM
The CFPB's 2015 Annual Consumer Mortgage Experience report dealt with the major sources of dissatisfaction reported by homeowners with the originati...
Fri, Apr 8 2016, 12:20 PM
onsumer pessimism appears to be eroding Fannie Mae's Home Purchase Sentiment Index (HPSI) which this month posted its lowest reading in 18 months. Th...
Thu, Apr 7 2016, 12:49 PM
Distressed residential sales inched up a bit month-over-month in January but have been relatively stable over the last year. CoreLogic said on Thursd...
Thu, Apr 7 2016, 12:14 PM
Despite an easing of government loan access, the overall availability of mortgage credit dipped slightly in March the Mortgage Bankers Association (...
Wed, Apr 6 2016, 8:36 AM
After six straight weeks of declining volume refinancing experienced a minor resurgence during the week ended April 1. The rebound more than offset ...
Tue, Apr 5 2016, 10:45 AM
It will be interesting to see if CoreLogic's estimates for monthly and annual price increases for February are the strong outliers they were in Janu...
Mon, Apr 4 2016, 1:49 PM
Negative equity levels in the U.S. have dropped to rates last seen since 2006. However Black Knight Financial Services points out that, while improve...
Fri, Apr 1 2016, 11:30 AM
Private spending on residential construction remained in positive territory in February even as overall construction, especially in the public secto...
Fri, Apr 1 2016, 4:59 PM
Freddie Mac predicted in its monthly Outlook on Thursday that 2016 might be the best year for housing in a decade with most sectors, sales, constr...
Thu, Mar 31 2016, 10:53 AM
Freddie Mac's Multi-Indicator Market Index (MiMi) is now showing that most of the nation's housing markets are, at a minimum, on the outer range of th...
Wed, Mar 30 2016, 7:59 AM
Mortgage activity during the week ended March 25 more or less marked time. Rates were mixed and purchase loans, which increased slightly , offset ref...
Tue, Mar 29 2016, 12:08 PM
Is the mortgage-backed security (MBS) based on jumbo mortgage loans back on life-support? Sam Khater, CoreLogic's deputy chief economist, says it a...
Tue, Mar 29 2016, 12:06 PM
Black Knight Financial Services announced on Monday that its Home Price Index for January rose 0.1 percent from the month before and was 5.3 percen...
Tue, Mar 29 2016, 12:02 PM
Home price gains continued strong in January with the S&P/Case-Shiller indices closely tracking three of the four other major January home price repor...
Tue, Mar 29 2016, 3:00 PM
If lenders' opinions count, credit standards appear to be as low as they will go, at least in the medium term. On the other hand, it appears they a...
Mon, Mar 28 2016, 10:42 AM
Countering an earlier disappointing report on existing home sales in February, pending home sales reached their highest levels in seven months Counte...
Thu, Mar 24 2016, 12:19 PM
Areas deemed as having homes that were less affordable than their historic norms rose by 7 percentage points from the first quarter of 2015 to the fir...
Thu, Mar 24 2016, 10:06 AM
The past year closed out with the lowest level of all-cash sales since the first days of the housing crisis. CoreLogic said on Thursday that 33.4 p...
Thu, Mar 24 2016, 9:54 AM
After a worrisome spike in January , foreclosure activity settled back down in February, with some metrics reaching multi-year lows. Black Knight Fi...
Thu, Mar 24 2016, 9:49 AM
It could be a little like the fabled barn door - closed but locking up little more than hay and manure - but the Federal Housing Finance Agency (FHFA)...
Thu, Mar 24 2016, 9:45 AM
Eligibility for specific exemptions to the Qualified Mortgage (QA) that apply to small creditors operating in rural or underserved areas Eligibility ...
Wed, Mar 23 2016, 11:05 AM
Sales of newly constructed single-family homes did a partial bounce back in February from a disappointing January in which sales dropped by over 9 per...
Wed, Mar 23 2016, 8:09 AM
There was a little bit of Groundhog Day in last week's results from the Mortgage Bankers Association's (MBA's) Weekly Mortgage Application Survey. Th...
Tue, Mar 22 2016, 10:29 AM
Fannie Mae's Economic Summary for March reports an improvement in financial market conditions and reduced concerns about an imminent risk of reces...
Tue, Mar 22 2016, 10:20 AM
After a revision to previously reported December numbers the Federal Housing Finance Agency's (FHFA's) House Price Index (HPI) has now risen by one-h...
Mon, Mar 21 2016, 11:18 AM
"Fizzle" was the description the National Association of Realtors® (NAR's) used for existing home sales in February. Those sales, which had increased...
Mon, Mar 21 2016, 3:38 PM
The average single family builder achieved revenue of just over $16 million in 2014 and posted an average net pre-tax profit of $1 million . The Nat...
Thu, Mar 17 2016, 12:35 PM
The new Truth-in-Lending disclosure (TRID) rule is being blamed for a sharp decline in the per loan profitability of mortgage lenders. The Mortgage...
Thu, Mar 17 2016, 10:40 AM
The FHA has released new loan-level and annual lender-level certifications which it said it expects will provide better clarity to lenders about FHA...
Thu, Mar 17 2016, 10:35 AM
It's not exactly a startling concept but one that has been underlined by recent events; there is a strong correlation between the performance of the...
Thu, Mar 17 2016, 10:25 AM
Ellie Mae's Origination
Insight Report published on Wednesday by Ellie Mae shows there was a sharp
decline in the time it took to close a loan i...
Wed, Mar 16 2016, 9:49 AM
Housing starts recovered from a disappointing January report in February but permits declined for the third consecutive month according to data rele...
Wed, Mar 16 2016, 9:46 AM
Rising interest rates took their toll on mortgage application activity last week. The Mortgage Bankers Association (MBA) said that application volu...
Tue, Mar 15 2016, 11:52 AM
After dropping three points in February to 58, the Housing Market Index, a measure of builder confidence in the single-family home market, remained u...
Mon, Mar 14 2016, 2:19 PM
A lot has been written over the past few weeks about the Millennial generation and what it is and is not doing in the housing market. CoreLogic recen...
Fri, Mar 11 2016, 4:45 PM
The number of second homes in the U.S. has increased by more than a half million in the five years following the recession. Using 2014 data, the Nati...
Thu, Mar 10 2016, 11:56 AM
If the Mortgage Bankers Association (MBA) is correct there was a huge jump in new home sales in February. MBA's Builder Application Survey (BAS) whic...
Thu, Mar 10 2016, 11:54 AM
The share of homeowners with positive equity in their homes crossed the 90 percent mark in 2015 according to CoreLogic. Over the course of the year ...
Wed, Mar 9 2016, 8:14 AM
Mortgage application activity during the week ended March 4 was, at best, lackluster with a small gain in purchase mortgage applications offsetting a ...
Tue, Mar 8 2016, 11:52 AM
The national foreclosure inventory dropped by about a
quarter year over year, bringing the number of homes in the process of
foreclosure at the end ...
Tue, Mar 8 2016, 11:36 AM
The most dramatic change in responses to Fannie Mae's most recent National Housing Survey was in the net number of Americans who think home prices are...
