Fri, Jan 29 2016, 2:59 PM
Are the big companies who have purchased large number of
single-family homes over the last few years looking for a quick profit or are
they in the...
Thu, Jan 28 2016, 10:39 AM
And we have a trifecta!
All three of the home sales indicators for December have now come in
positive, although the latest, pending sales, did so l...
Thu, Jan 28 2016, 2:00 PM
There was a slight uptick in the market
share of distressed home sales in November.
Sales of lender-owned houses (REO) and short sales accounted fo...
Wed, Jan 27 2016, 10:41 AM
New home sales more or less blew away the experts in
December, coming in at a seasonally adjusted annual rate of 544,000 units. The Census Bureau ...
Wed, Jan 27 2016, 9:09 AM
Refinancing continued to buoy up mortgage application volume during the
week ended January 22 as interest rates fell back to levels last seen in th...
Tue, Jan 26 2016, 10:34 AM
No matter how much it is predicted, home
price gains are still failing to decelerate.
All three of the S&P/Case-Shiller indices were slightly highe...
Tue, Jan 26 2016, 4:20 PM
California has long been acknowledged as the trend-setting
state. Let's hope that isn't the case
for home prices. On the same day that
both S&P...
Fri, Jan 22 2016, 11:23 AM
It is hard to sort out the closings scheduled for December
from those delayed into the month from November by problems with the new
Truth-in-Lending...
Fri, Jan 22 2016, 6:27 PM
It was a year of significant improvement in the distressed
home arena. According to Black Knight
Financial Services there was a 22 percent decreas...
Thu, Jan 21 2016, 10:59 AM
In the midst of the Know Before You Owe or TRID rule implementation which she says " devoured the industry's bandwidth ," Faith Schwartz, Corelogic's ...
Thu, Jan 21 2016, 10:57 AM
After it jumped up by three full days
in November the average time to close a first mortgage loan stabilized in
December at 49 days. The November ...
Thu, Jan 21 2016, 10:48 AM
New home sales, according to an unofficial estimate from the Mortgage Bankers Association (MBA) declined by 5 percent
in December compared to the p...
Wed, Jan 20 2016, 10:31 AM
Both housing starts and residential construction permits
declined in December compared to November.
A joint release from the U.S. Census Bureau and...
Wed, Jan 20 2016, 9:00 AM
Applications
for mortgages rose significantly during the week ended January 15 as fixed rate
mortgage interest rates fell to the lowest levels sin...
Tue, Jan 19 2016, 10:59 AM
Builder confidence in the new home market, while on the surface unchanged
from December, has now dropped 5 points since establishing a decade-long ...
Tue, Jan 19 2016, 5:00 PM
Rising prices, especially in major cities like San
Francisco, Seattle, and Boston which hit new price highs in 2015 have created
renewed concerns a...
Fri, Jan 15 2016, 1:02 PM
Two factors appear poised to positively affect
the ability of households to purchase a home according to Fannie Mae's economists. In their initial...
Thu, Jan 14 2016, 10:50 AM
It seems at times that the wave of foreclosures will never
end. At the end of 2015, according to
RealtyTrac's 2015 U.S. Foreclosure Market Report r...
Thu, Jan 14 2016, 5:26 PM
Our old standby for information on all-things-CFPB has
slammed a new "fact sheet" issued by the agency regarding the treatment of construction-to-per...
Wed, Jan 13 2016, 9:34 AM
The weekly mortgage application report from the Mortgage Bankers
Association (MBA) was another recounting of a post-holiday rebound. Last Wednesday'...
Wed, Jan 13 2016, 4:36 PM
The
House Committee on Financial Services held its second day of hearings on
Wednesday regarding the National Flood Insurance Program (NFIP). N...
Tue, Jan 12 2016, 5:40 PM
The final rule for membership in the Federal Home Loan
Banking System (FHLBank) was announced on Tuesday by its regulator the Federal
Home Finance...
Tue, Jan 12 2016, 5:39 PM
The number of completed foreclosures nationwide in November was
down to about 30 percent of the level in the worst days of the housing crisis. CoreL...
Mon, Jan 11 2016, 4:07 PM
Consumers are displaying a bit of bearishness toward the
economy according a Federal Reserve Bank of New York's recent survey of how
they expect o...
Mon, Jan 11 2016, 4:00 PM
Years into the refinance boom Black Knight Financial
Services estimates there are still millions of homeowners who could qualify for
and benefit fro...
Thu, Jan 7 2016, 11:01 AM
Credit available as measured by the Mortgage Bankers
Association's (MBA's) Mortgage Credit Availability Index (MCAI) appeared to
have declined in De...
Wed, Jan 6 2016, 9:51 AM
The Mortgage Bankers Association (MBA) is playing catch-up this morning
after a two week holiday hiatus for its Weekly Mortgage Applications
Survey....
Tue, Jan 5 2016, 11:43 AM
Freddie Mac is dismissing concerns of some analysts that the
change in the Federal Reserve's monetary policy may bode ill for the housing
industry. ...
Tue, Jan 5 2016, 11:22 AM
Lots of flex in the estimates of home price increases as we
reach the end of the year. Last week
Case-Shiller put the number (as of October) at 5....
Mon, Jan 4 2016, 3:34 PM
California appears to have topped out in terms of price
increases, at least for the present.
While Black Knight Financial Services reports a 0.2 ...
Mon, Jan 4 2016, 3:29 PM
Both public and private spending on construction eased back
slightly in November. The Census Bureau
said on Monday that total construction spending...
Thu, Dec 31 2015, 1:46 AM
Sales of distressed properties made up 10.2 percent of total
home sales in October CoreLogic said on Tuesday. The October number represented a sli...
Wed, Dec 30 2015, 10:45 AM
Pending home sales dipped slightly in November, the third
time in four months they have done so. The
National Association of Realtors®
(NAR's) P...
Wed, Dec 30 2015, 3:26 PM
The Multi-Indicator Market Index (MiMi) produced by Freddie
Mac's Office of the Chief Economist shows that the U.S. housing market is
within the out...
Tue, Dec 29 2015, 12:25 PM
Home prices continue to confound predictions
of decelerating gains. The S&P/Case-Shiller National Home Price Index
gained 5.2 percent over the 12 ...
Mon, Dec 28 2015, 5:19 PM
The new RESPA-TILA Know Before You Owe regulations, commonly
called TRIID, was cited as a probable reason for a three day increase in the
average ti...
Thu, Dec 24 2015, 11:50 AM
Freddie
Mac's Office of the Chief Economist takes an intensive look at marketplace
lending in the December issue of its Insights
and Outlook . ...
Wed, Dec 23 2015, 10:51 AM
Newly constructed single-family homes continued to sell well
in November however October's earlier robust report was scaled down
dramatically . Th...
Wed, Dec 23 2015, 10:49 AM
There was, as expected
only a minimal immediate impact on either mortgage rates or mortgage
application volume in the few days following the Feder...
Tue, Dec 22 2015, 11:20 AM
Existing home sales declined considerably in November
although the National Association of Realtors, in reporting the data, blamed in part new
dis...
Mon, Dec 21 2015, 11:09 AM
Cash sales rose incrementally in
September while continuing to diminish as a share of all sales on a
year-over-year basis. CoreLogic, in it's
mont...
Fri, Dec 18 2015, 3:15 PM
Should national housing policy move beyond its traditional
emphasis on homeownership to focus more broadly on "shelter?" Faith Schwartz, CoreLogic...
Thu, Dec 17 2015, 12:04 PM
Fannie Mae said Thursday there are indications
that easing lending standards may help mitigate some of the loss of housing
affordability moving into...
Thu, Dec 17 2015, 11:46 AM
The Federal Housing Finance Agency
(FHFA) has posted a proposed new rule for comment that seeks to provide greater
access to affordable housing for ...
Wed, Dec 16 2015, 10:20 AM
Residential construction activity surged in November with
both residential construction permits and housing starts, permits especially,
beating anal...
Wed, Dec 16 2015, 9:07 AM
Refinancing remained strong relative to purchase mortgage activity during
the week ended December 11 while application activity overall slipped. The...
Wed, Dec 16 2015, 1:39 PM
In order to end what it considered excessive borrowing by
Fannie Mae and Freddie Mac (the GSEs) and the Federal Home Loan Banks the
Federal Reserve,...
Tue, Dec 15 2015, 10:26 AM
The National Association of Home Builders (NAHB) said on
Tuesday that its NAHB/Wells Fargo Housing Market Index (HMI) dropped one point
in December ...
Tue, Dec 15 2015, 10:23 AM
Ninety-two percent of mortgaged homeowners now have positive
equity in their homes after more than a quarter-million emerged from being
underwater i...
Mon, Dec 14 2015, 3:19 PM
Could mortgage fraud be coming back? According to Bret Fortenberry, writing in
CoreLogic's Insights blog, there are
indications the incidence is ...
