Thu, Jun 11 2015, 3:10 PM
Despite over two years of declines cash
sales continue to constitute more than one-third of total home sales. CoreLogic reported today that the shar...
Wed, Jun 10 2015, 9:50 AM
Americans got back to work during the week ended June 5 and mortgage
applications rebounded significantly .
Volume made up the ground lost during ...
Wed, Jun 10 2015, 2:55 PM
For the third time this month a mortgage company, this one
in the process of dissolution , has been charged with violating the Loan
Originator Comp...
Tue, Jun 9 2015, 1:28 PM
It continues to be clear that the
foreclosure crisis is winding down while ongoing elevated levels of mortgage
distress mean it could be a long time...
Mon, Jun 8 2015, 12:31 PM
While the trend will likely continue to reverse in the next few reports, refinancing, as a share of total originations, made an impressive recovery ...
Mon, Jun 8 2015, 4:59 PM
The recent improved employment statistics which included an
acceleration in average hourly earnings and a reported increase in personal
income (a Ma...
Mon, Jun 8 2015, 2:08 PM
The percentage of total home sales coming from distressed
inventories continues to drop. CoreLogic
said on Monday that short sales and sales of own...
Fri, Jun 5 2015, 7:42 PM
For the second time this week the
Consumer Financial Protection Bureau (CFPB) has filed in federal court against
a lender for unfair compensation p...
Fri, Jun 5 2015, 3:26 PM
Are those sought-after first-time homebuyers finally re-emerging? RealtyTrac said on Thursday that they may be
the reason that the average percent...
Thu, Jun 4 2015, 10:58 AM
The availability of
mortgage credit continued to rise in May the Mortgage Bankers Association (MBA)
said today. Its Mortgage Credit Availability
I...
Thu, Jun 4 2015, 5:08 PM
Older Americans are being warned that ads
touting reverse mortgages "that seem too good to be true" might be just that. Rather slyly using a tag lin...
Thu, Jun 4 2015, 2:37 PM
Enforcement of compliance with the new RESPA/TILA disclosure
forms has been postponed . As appeared
inevitable after almost unanimous testimony ...
Thu, Jun 4 2015, 2:05 PM
Mortgage profits soared in the first quarter of 2015 the
Mortgage Bankers Association (MBA) said this week, nearly doubling the per loan net
pro...
Wed, Jun 3 2015, 10:02 AM
The week ended May 29 was another of those holiday shortened weeks when the most relevant comment that can be made about mortgage application numbers ...
Wed, Jun 3 2015, 2:54 PM
I am here in Denver and had the opportunity this morning to hear MBA
President Dave Stevens, under the direction of CFPB Director Richard
Cordray,...
Tue, Jun 2 2015, 4:51 PM
For some time
conventional wisdom has held that home price increases are slowin g and would
continue to do so, but the CoreLogic Home Price Index (...
Tue, Jun 2 2015, 4:40 PM
Provident Funding Associates has been charged by two federal
agencies with charging higher broker fees to minority borrowers . The Consumer
Financ...
Mon, Jun 1 2015, 10:58 AM
Total spending on construction ticked up moderately in
April, rising to a seasonally adjusted annual rate of $1,006.1 billion the U.S.
Census Bureau...
Mon, Jun 1 2015, 2:52 PM
The old adage might be "go West" but new home buyers aren't listening. A recent analysis by CoreLogic shows that the
strongest new home sales marke...
Fri, May 29 2015, 1:57 PM
A Florida law firm and its several affiliates which had
already been shuttered by the State of Florida and the Consumer Financial
Protection Bureau ...
Fri, May 29 2015, 1:53 PM
The Definitive Analysis of Negative Game Changers Emerging in Real Estate or D.A.N.G.E.R report prepared for the National Association of
Realtors® ...
Thu, May 28 2015, 10:45 AM
April saw the highest number for pending sales in nearly nine years the
National Association of Realtors® (NAR) said today. The Pending Home Sal...
Wed, May 27 2015, 10:23 AM
Mortgage applications declined overall for the
fifth straight week even though there was a slight uptick in applications for
purchase mortgages. ...
Wed, May 27 2015, 3:39 PM
Freddie Mac said that its
Multi-Indicator Market Index (MiMI) for March continues to indicate a weak
housing market overall but both monthly and q...
Wed, May 27 2015, 2:47 PM
Fannie Mae
has issued a slew of updates, clarifications, and extensions affecting its Selling Guide . Announcement SEL-2015-06 includes the followi...
Tue, May 26 2015, 12:28 PM
The numbers on home price trends for March from the Federal
Housing Finance Agency (FHFA) were somewhat less aggressive that those also
released o...
Tue, May 26 2015, 11:00 AM
New home sales beat most analyst expectations in April,
rising 6.8 percent to a seasonally adjusted annual rate of 517,000 units and
posting a 26....
Tue, May 26 2015, 10:28 AM
The
pace of price increases continued virtually unchanged in March with greater year-over-year
appreciation in ten of the 20 cities tracked by S&P D...
Fri, May 22 2015, 1:42 PM
Fannie
Mae's economists used their May economic and strategic summary to downgrade
expectations for 2015 growth but at the same time painted a slig...
Fri, May 22 2015, 1:27 PM
The National Association of Realtors® is distributing a study it commissioned from the
Swanepoel T3 Group which we expect will generate a lot of disc...
Thu, May 21 2015, 11:01 AM
Existing home sales in April failed both to match their
corresponding numbers in March and to live up to the consensus of analysts in
advance of thi...
Thu, May 21 2015, 5:02 PM
Purchase loans continued to increase as a
percentage of loan originations in April.
Ellie Mae's Origination Insight
Report for the month put the...
Wed, May 20 2015, 9:13 AM
Mortgage application
volume continued a downward spiral during the week ended May 15. The Mortgage Bankers Association's (MBA's)
Market Composite...
Wed, May 20 2015, 1:17 PM
Earlier this week Freddie Mac asked if the housing market recovery could
withstand a rate increase (the answer, with some qualification was yes). No...
Tue, May 19 2015, 10:30 AM
Residential construction numbers soared in April after a
dismal March and both the number of residential permits issued and housing
starts easil...
Tue, May 19 2015, 2:00 PM
That headline question is the focus of the May Economic and Housing Outlook produced by
Freddie mac's Office of the Chief Economist.
The economic...
Mon, May 18 2015, 12:10 PM
While they were discussing different vintages, home sellers
have a slightly more upbeat outlook on home sales then do the builders of those
homes. ...
Mon, May 18 2015, 5:01 PM
"Everyone working in the mortgage business feels
like there is a giant target on their backs ," David H. Stevens said in remarks
prepared for deliv...
Fri, May 15 2015, 10:53 AM
It's all relative. The Mortgage
Bankers Association (MBA) said that applications for the purchase of newly
constructed homes rose a scant 0.3 perc...
Fri, May 15 2015, 3:55 PM
Any change in interest rates will be sprung on the markets
if John Williams, Federal Reserve Bank of San Francisco president, gets his
way. While w...
Fri, May 15 2015, 3:41 PM
There was an unusual degree of consensus
at a Congressional hearing on implementation of the new Truth-in-Lending (TILA)
and RESPA Integrated Disclo...
Thu, May 14 2015, 10:22 AM
Lenders originated 1.55 million residential
mortgage loans during the first quarter of 2015. The number, includes loan originations for
both purch...
Thu, May 14 2015, 3:22 PM
The Housing and Insurance subcommittee of the House
Financial Services Committee has scheduled a hearing this afternoon titled "TILA- RESPA
Integrat...
Wed, May 13 2015, 10:57 AM
The influence of cash sales on the residential real estate
market continued to decline in February with those sales accounting for 37.9
percent of...
Wed, May 13 2015, 10:50 AM
Rising
interest rates took a toll on mortgage applications again during the week ended
May 8. The Mortgage Bankers Association said
that its Marke...
Tue, May 12 2015, 10:56 AM
While the decline in foreclosure activity is still ragged on
a month-to-month basis significant changes are increasingly evident
year-over-year. ...
Tue, May 12 2015, 10:50 AM
Incremental
increases in credit access continued in April according to the Mortgage Bankers
Association's Credit Availability Index (MCAI).
The In...
Mon, May 11 2015, 2:20 PM
Home price appreciation accelerated in
many metropolitan areas in the first quarter of 2015. The National Association of Realtors® (NAR) again
sa...
Mon, May 11 2015, 2:08 PM
The House Financial Services Committee (FSC) has scheduled a hearing
(through its subcommittee on Housing and Insurance) on May 14 titled "TILA-RESPA...
Fri, May 8 2015, 3:17 PM
A million or more consumers nationwide
may see their credit histories improve as a result of an agreement in a Federal
Bankruptcy Court in White Pla...
