Thu, Sep 24 2015, 10:48 AM
Home sales, including both single
family and condominiums, are on track to reach an eight year high this year
according to RealtyTrac's August U.S....
Wed, Sep 23 2015, 10:54 AM
The Consumer Financial
Protection Bureau (CFPB) said this week that debt collection generated the most
complaints about financial products or serv...
Wed, Sep 23 2015, 9:00 AM
It was a full week after a holiday foreshortened one and also the week in
which the long awaited Federal Open Market Committee move to begin interest...
Wed, Sep 23 2015, 2:26 PM
Twenty-nine states and the District of
Columbia have now moved within their own range of stable housing activity
according to Freddie Mac's Multi-...
Tue, Sep 22 2015, 10:59 AM
The "dazzling changes" in the mortgage market over
the last decade were the topic of address last week by Richard Cordray to the
National Associatio...
Tue, Sep 22 2015, 10:39 AM
Home prices made an unexpected surge in July the Federal
Housing Finance Agency said today. The month-over-month change was +0.6 percent
while, acco...
Mon, Sep 21 2015, 11:20 AM
Even as the market share of first-time
buyers continued to inch up, overall sales of existing homes declined in
August. The National Association of...
Fri, Sep 18 2015, 12:06 PM
Foreclosure activity in the U.S.
declined on a year-over-year basis for the first time in six months. RealtyTrac said today that there were a tota...
Thu, Sep 17 2015, 10:40 AM
Freddie
Mae has unveiled another round of changes to its Single-Family
Seller/Servicer Guide. There are more
than a half dozen changes effecting m...
Thu, Sep 17 2015, 10:35 AM
More lenders are seeing an easing of mortgage lending
standards Fannie Mae said today. In its third
quarter Mortgage Lender Sentiment Survey indi...
Thu, Sep 17 2015, 10:22 AM
This morning's Residential Construction report from the
Census Bureau and Department of Housing and Urban Development for August was
mixed with a mo...
Wed, Sep 16 2015, 11:46 AM
The National Association of Home Builders (NAHB)/Wells Fargo
Housing Market Index (HMI) ratcheted up another point this month continuing a
steady ri...
Wed, Sep 16 2015, 9:09 AM
The Mortgage Bankers Association (MBA) reported that, as usually
occurs during a holiday week, mortgage applications declined significantly during
t...
Wed, Sep 16 2015, 3:35 PM
It was only one point but the average FICO score on closed
loans did decrease slightly in August to 724, the lowest average score since
February 2...
Tue, Sep 15 2015, 10:35 AM
Owners of more than three-quarters of a
million U.S. homes regained equity in those homes during the second quarter of
2015. CoreLogic said on Tu...
Tue, Sep 15 2015, 4:52 PM
Low interest rates are typically thought of as advantageous
to borrowers but not so good, perhaps even harmful to investors. The Wells Fargo/Gallup ...
Mon, Sep 14 2015, 12:09 PM
It has been almost a month since the Federal Housing Finance Agency (FHFA) announced the final goals for affordable housing for mortgages and rental...
Mon, Sep 14 2015, 3:24 PM
CoreLogic has released figures showing that residential real
estate in 14 of the 100 top real estate markets in the country were overvalued
in the s...
Fri, Sep 11 2015, 12:36 PM
The Mortgage Bankers
Association has rolled out a series of flyers and a PowerPoint presentation as
resources ahead of the impending implementation ...
Fri, Sep 11 2015, 1:57 PM
Data collected from lenders under the
mandate of the Home Mortgage Disclosure Act (HMDA) is due to be released later
this month but CoreLogic is adv...
Thu, Sep 10 2015, 12:33 PM
While sales of lender owned real estate
(REO) and short sales continue to account for around one-fifth of all home
sales in at least five states the...
Thu, Sep 10 2015, 10:05 AM
Applications for mortgages to purchase newly constructed
homes dropped by 6 percent in August according to the Mortgage Bankers
Association (MBA)....
Wed, Sep 9 2015, 9:34 AM
Whether they were concerned about the possibility of rising rates or
merely clearing the decks in anticipation of the last week of psychological
sum...
Wed, Sep 9 2015, 4:59 PM
The changes to FHA loan qualification
criteria, originally scheduled for implementation in June, will instead
be implemented on the 15 th of this...
Tue, Sep 8 2015, 12:51 PM
Nationwide home equity has increased by
nearly $1 trillion in the 12 months ended in May. Equity is now at the highest level since
2007. In this ...
Tue, Sep 8 2015, 10:41 AM
Foreclosure statistics continue to fall, month after month
but seemingly never reach bottom or even normal levels. Anyone care to revisit Zeno's ...
Tue, Sep 8 2015, 3:00 PM
Fannie
Mae's Economic & Strategic Research Group have taken the company's National
Housing Survey (NHS), conducted since 2011, and attempted to dist...
Thu, Sep 3 2015, 11:31 AM
Mortgage credit access continued to improve again in August
the Mortgage Bankers Association (MBA) said on Thursday. The trade group's Mortgage Cred...
Thu, Sep 3 2015, 4:00 PM
Freddie Mac's long-time chief economist Frank Nothaft
departed some months ago to take the same role at CoreLogic and that vacancy at
the mortgage c...
Thu, Sep 3 2015, 3:50 PM
Two very different recent reports, one factual and one
theoretical, recently address the same issue; a re home prices too damn
high? And if so, ho...
Wed, Sep 2 2015, 8:39 AM
Last week was the strongest one on a relative basis for mortgage
applications in quite some time. The Mortgage Bankers Association (MBA) said
that...
Wed, Sep 2 2015, 6:48 PM
In addition to its usual recap of economic
and housing indicators and future projections this week's edition of Freddie
Mac's Insights and Outlook ...
Tue, Sep 1 2015, 9:52 AM
Home prices nationally
increased year-over-year at a faster pace in July than they did in June
CoreLogic said on Tuesday. The company's
Home Price...
Tue, Sep 1 2015, 3:01 PM
Construction spending posted a slight increase in July
rising 0.7 percent from the revised June estimate of $1,075.9 billion to a
seasonally adjus...
Mon, Aug 31 2015, 5:22 PM
A ruling last week from the National Labor Relations Board (NLRB)
has sent many companies who rely on contract labor into a bit of a panic . While ...
Fri, Aug 28 2015, 3:21 PM
We have been reading for several years now
about two trends that appear troubling for the housing industry - a declining
rate of homeownership and a...
Fri, Aug 28 2015, 2:52 PM
It appears that people who are currently renting their homes are not necessarily
merely homebuyers in waiting as conventional wisdom has held. Fre...
Fri, Aug 28 2015, 1:39 PM
Fannie Mae has published a set of changes to its Selling Guide . The changes affect verification of
self-employed income , Home-Style Renovation l...
Fri, Aug 28 2015, 1:37 PM
The debate over whether the Dodd-Frank Wall Street Reform
and Consumer Protection Act was desperately needed or a pox upon the land survives
even as...
Thu, Aug 27 2015, 10:35 AM
RealtyTrac's July U.S. Home Sales report is a tale of extremes .
July sales of properties in foreclosure and all-cash transactions both dipped
to m...
Thu, Aug 27 2015, 10:27 AM
The index measuring pending home sales held on to its winning
streak in July, but its grip slipped a bit.
The National Association of Realtors® (NA...
Wed, Aug 26 2015, 9:01 AM
There was virtually no
movement last week in the various indices measuring mortgage application
volume. The Mortgage Bankers Association's
(MBA's)...
Wed, Aug 26 2015, 2:48 PM
The topline news while accurate is also growing monotonous : housing market continues to improve. Freddie Mac added another chapter to the seemingl...
Tue, Aug 25 2015, 12:38 PM
Per loan profits increased
in the second quarter the Mortgage Bankers Association (MBA) said today, aided
by purchase volume and loan size. MBA's
...
Tue, Aug 25 2015, 11:25 AM
While the disappointing new home sales reported last month for
June were revised even lower today July sales redeemed at least some of the
loss. Th...
Tue, Aug 25 2015, 11:15 AM
Two
major indicators of home price trends released today showed continued
appreciation although larger gains were reported by the S&P/Case-Shiller
...
Mon, Aug 24 2015, 11:45 AM
Black Knight Financial Services said on Monday that as of the end of June
home prices nationally had returned to within 5.8 percent of their peak ex...
Mon, Aug 24 2015, 3:41 PM
Fannie
Mae's economic team said on Monday that the economic outlook for the second
half of 2015 is less upbeat than anticipated.
Second quarter ...
Fri, Aug 21 2015, 10:58 AM
The eyes of Texas are upon the Consumer Financial Protection
Bureau - and not in a kindly way. Two
different actions out of Texas are challenging ...
Fri, Aug 21 2015, 10:47 AM
Black Knight Financial Services released its "First Look" at
its July loan level performance data which continues to show a decline in most
measures...
