Wed, Nov 19 2014, 10:56 AM
Seattle's Zillow has published good news for the real estate industry . Its report
regarding hidden households and future housing activity indica...
Mon, Nov 17 2014, 10:32 AM
This week I will spend time in California, Colorado, and Kansas,
and expect to hear from many folks about the state of the industry.
Unlike Japan,...
Mon, Nov 17 2014, 2:38 PM
The prognosticators are already gearing up
for the New Year and at least one foresees a strong economy in 2015. Freddie Mac's chief economist Frank ...
Mon, Nov 10 2014, 11:13 AM
The fun just doesn't end. Not only is a CFPB penalty against a lender rumored to be announced soon, but now we have the Rolling Stone doing a story ...
Mon, Nov 3 2014, 11:31 AM
"Please
understand that we are acutely aware of the challenges created for
homebuyers, lenders and realtors when we are unable to meet desired
t...
Mon, Nov 3 2014, 1:50 PM
U.S. construction spending eased back
slightly in September, to a seasonally adjusted annual rate of $950.92 billion. The U.S. Census Bureau repor...
Tue, Oct 28 2014, 10:59 AM
August data released this morning by S&P Dow Jones Indices reveals that, while home prices throughout the U.S. continue to increase, the rapid pace ...
Fri, Oct 24 2014, 10:59 AM
Fannie Mae said on Thursday that real economic
growth in the last two quarters of 2014 appear poised to exceed 3.0 percent ,
providing a solid basi...
Wed, Oct 22 2014, 3:26 PM
Frank
E. Nothaft and Leonard Kiefer, Freddie Mac's chief and deputy chief economists
have come up with a formula for lifting the economy from its ...
Fri, Oct 17 2014, 11:31 AM
Zillow most recently published research indicating that a
recession negatively affects the housing industry due to a decrease in
employment oppo...
Fri, Oct 17 2014, 1:36 PM
Increases in construction permits, starts, and
completions for multifamily housing stand out from an otherwise lackluster
batch of construction data...
Tue, Oct 14 2014, 10:51 AM
"American schoolchildren rank 25 th in math and 21 st in science out of the top 30 developed countries, but USA ranked 1 st in confidence that they...
Wed, Oct 1 2014, 1:04 PM
Total construction spending in the U.S.
in August was estimated by the Census Bureau today to be at the seasonally
adjusted annual rate of $961.0 bi...
Tue, Sep 30 2014, 10:48 AM
There was what the S&P/Case-Shiller Home Price Indices
called "a significant slowdown in price increases in July S&P Dow
Jones Indices said today....
Tue, Sep 23 2014, 12:58 PM
Fannie
Mae's economists are painting a much improved picture for the economy in the
coming months with encouraging news in the area of business in...
Fri, Sep 19 2014, 10:41 AM
Arrgghh...
I read in Pirate Quarterly that you could take the entire human
population of the earth, put it inside of Texas, and it would still be ...
Thu, Sep 18 2014, 10:59 AM
Peter
Drucker opined, "Management is doing things right; leadership is doing
the right things." The Federal Reserve sure wants banks that lend mon...
Thu, Sep 18 2014, 3:03 PM
Housing
starts 'plummeted' in August the Census Bureau said today, falling 14.4 percent
from the revised seasonally adjusted annual rate of 1,117,00...
Mon, Sep 15 2014, 9:51 AM
Lead generator Intermundo Media, LLC has agreed to pay $500,000
to settle charges by the Federal Trade Commission (FTC) that it falsely
adverti...
Mon, Sep 15 2014, 2:19 PM
Much has been made lately over the
propensity of so-called millennials, the demographic cohort which is now
between 18 and 34 years of age, to forgo...
Tue, Sep 2 2014, 10:30 AM
If you don't open up one other link in this e-mail, at least open this link to a photo of a sign that surely has applications to residential lending...
Tue, Sep 2 2014, 1:31 PM
Construction spending in July was at a seasonally
adjusted annual rate of $981.3 billion the Census Bureau said today--the highest since December 200...
Mon, Aug 25 2014, 11:32 AM
All
this hope (hype?) that the mortgage industry is placing on the
Millennials to bolster volume makes my head spin. (Scholars can't even
agree ...
Wed, Aug 20 2014, 10:19 AM
The CFPB released a bulletin outlining expectations for mortgage servicers that transfer loans;
bulletin includes information on how mortgage se...
Tue, Aug 19 2014, 10:45 AM
Two important measures of strength in
the housing and construction industries moved substantially higher in July the
U.S. Census Bureau and the De...
Tue, Aug 19 2014, 10:42 AM
It
is fun to see that U.S. homebuilder confidence rose to a seven-month
high, primarily driven by lower mortgage rates and an improving jobs
mar...
Mon, Aug 18 2014, 10:59 AM
Say
what you will about Zillow (and people do), the firm does not fall
short as a driver of information. As many in the industry are preparing
t...
Wed, Aug 13 2014, 1:55 PM
The estimate from the Bureau of Economic
Analysis (BEA) of sharply improved economic growth in the second quarter is
good news for the housing mar...
Fri, Aug 8 2014, 10:45 AM
Mergers continue - and every one of them hopes it works out (and not like the cover of The Economist
titled "The Trouble with Mergers"). New York ...
Thu, Aug 7 2014, 2:42 PM
Sure, the stronger employment numbers of late and the well-developed home price recovery haven't translated to any meaningful improvements in building...
Fri, Aug 1 2014, 12:31 PM
Construction spending in June fell slightly below
that in May the Census Bureau said today.
Overall construction put in place during the month wa...
Mon, Jul 28 2014, 10:36 AM
How
is it that this is the last week of July already? Lots of lenders seem
to have seen decent Julys - but perhaps not as strong as some of their ...
Fri, Jul 25 2014, 1:30 PM
It was a bad day on Wall Street
Thursday for housing stocks. In no particular order Census Bureau
data was released showing that new home sales had...
Mon, Jul 21 2014, 9:47 AM
What
can you buy on minimum wage? Well, I guess that's a relative question;
relative to a number of factors such as where you live, your current
...
Fri, Jul 18 2014, 10:14 AM
Do
you have a plan in case you go bankrupt? The "big boys" do! The
Dodd-Frank Wall Street Reform and Consumer Protection Act requires that bank
...
Thu, Jul 17 2014, 10:48 AM
All three residential construction indicators fell
in June according to the U.S. Census Bureau and the Department of Housing and
Urban Development. ...
Thu, Jul 17 2014, 10:37 AM
Non-QM loans, investor interest in those higher
yielding pools, potential disparate impact as a result of QM rules,
eMortgages (or the lack thereo...
Mon, Jul 14 2014, 10:28 AM
Sometimes it is hard to tell if things are legit or not, especially
when it comes to legislation. In 2014 Congress has reminded us of how it
is ne...
Mon, Jul 7 2014, 10:55 AM
Responses to Fannie Mae's National
Housing Survey for June showed more marked changes in several categories than
has been the case in recent month...
Thu, Jul 3 2014, 1:26 PM
The Harvard Joint Center for Housing Studies' most recent edition of The State of the Nation's Housing deals first with the current status of the hous...
Tue, Jul 1 2014, 10:47 AM
Yes, smaller lenders sue each other. The latest verdict announced was a decision between Stearns and Prospect Mortgage . And we have the latest set...
Tue, Jul 1 2014, 1:46 PM
Construction spending in the U.S. was
essentially flat in May although there were gains from one year earlier. A small gain in spending by the pub...
Mon, Jun 30 2014, 10:02 AM
Suddenly
the entire industry seems interested in three things: using the Federal
Home Loan Banks as a pseudo-warehouse line, jumbo deals, and
fo...
Tue, Jun 24 2014, 11:01 AM
There are 2 million "missing households" in
the US - which represents pent up demand for new residences in the US.
These are Millennials who are...
Mon, Jun 23 2014, 9:41 AM
"On
Thursday, June 19, issues of latency and connectivity were reported by
the public across multiple Internet Service Providers. The public can
...
Thu, Jun 19 2014, 11:51 AM
As
a rule, it isn't good when economists use words like "sluggish" and "lackluster,"
the very terms that crept into the opening paragraph of Fredd...
Wed, Jun 18 2014, 11:36 AM
Merlin
Pearson writes, "Statistics are like a lamp post to a drunk. They are
used far more for support than they are for illumination." A survey b...
Tue, Jun 17 2014, 11:19 AM
Building permits were issued in May at a
rate that was 6.4 percent lower than that of April and housing starts also fell. Housing completions were u...
Tue, Jun 17 2014, 11:00 AM
Economists
call it "wage source". In a nutshell, it's how you obtain your cash.
Many work in order to fill their bank accounts; however, in the co...
Tue, Jun 17 2014, 7:42 AM
You have to have an industrial strength juicer and be willing to drink from thimbles if you hope to squeeze any interesting conclusions out of finan...