Wed, Jun 29 2016, 12:06 PM
Pending home sales hit the skids in May, following three
straight months of increases. The
National Association of Realtors® (NAR) said that its ...
Wed, Jun 29 2016, 9:58 AM
Huh? People burned while walking across fire at a Tony Robbins event in Texas? Imagine that! Speaking of incendiary activities, an amendment passe...
Wed, Jun 29 2016, 2:04 PM
Freddie Mac says that the housing market as a whole in the U.S. is on the outer range of its historic benchmark level of housing activity. The spri...
Tue, Jun 28 2016, 10:21 AM
How could it have been 30 years since everyone was watching “Top Gun” in the theaters? Yes, time flies, and before you know it, well, you’re old. Wher...
Mon, Jun 27 2016, 10:12 AM
Everyone is talking about the future of the European Union. Tad Dahlke sends, “Brexit to be followed by Grexit, Departugal, Italeave, Fruckoff, Czech...
Fri, Jun 24 2016, 11:17 AM
At Happy Hour tonight, besides talking about refis, you can throw this one out: the number of homes worth $1 million has doubled in the last 4 years ...
Thu, Jun 23 2016, 11:00 AM
New home sales dropped back in May after a reported 16.6
percent surge the previous month, an increase that was revised down from what
was first r...
Thu, Jun 23 2016, 10:04 AM
Jobs and housing make up the lion’s share of our economy, and the two intersect when a house is being built. But what is the exact impact? For any LO ...
Thu, Jun 23 2016, 3:39 PM
A third of home sales in March were all-cash
transactions according to CoreLogic.
This was a decrease of 2.8 percentages points, the company termed...
Wed, Jun 22 2016, 11:05 AM
The median price of an existing home reached an
all-time high in May and sales hit their highest pace in nearly a decade . The National Association...
Wed, Jun 22 2016, 11:03 AM
I've mentioned the upcoming changes to the 1003 form, the Uniform Residential Loan Application, and mentioned that the "target implementation date is ...
Mon, Jun 20 2016, 10:40 AM
To start off the week, besides the first full moon on a summer solstice since 1967, here’s an interesting Bloomberg chart about the Federal governme...
Thu, Jun 16 2016, 10:31 AM
There was a flicker of life this month in the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). After spending fo...
Tue, Jun 14 2016, 10:19 AM
The Mortgage Bankers Association (MBA) is predicated a 6 percent decline in new home sales in May compared to April. The forecast is based on the a...
Tue, Jun 7 2016, 10:43 AM
The second of the major home price estimates for April was released by CoreLogic on Tuesday and tracks, on an annual basis, closely with the first, re...
Mon, Jun 6 2016, 2:12 PM
Delinquencies on home equity lines of credit (HELOCs) have increased on an annual basis twice in the six months ended in March according to Black Knig...
Tue, May 31 2016, 10:17 AM
Research by the EBRI on retirement finds while 67% of workers plan to work for pay in retirement, only 27% of retirees do so. Of the retirees who work...
Fri, May 27 2016, 10:01 AM
Do you think your company’s computer system is immune from hacking? It’s not a matter of “if” but “when” – just ask Equifax about its data breaches...
Thu, May 26 2016, 10:45 AM
This morning's strong pending home sales report was the third upbeat April housing indicator. The National Association of Realtors® (NAR) said its P...
Thu, May 26 2016, 10:23 AM
According to Reuters, the NY state financial regulator is gearing up to launch an investigation into the entire online lending industry . (The regu...
Wed, May 25 2016, 9:11 AM
It is hard to trace what happens to the fines levied against company by various regulators seeking to make a name for themselves. But one agency is a ...
Tue, May 24 2016, 10:34 AM
New home sales surged in April after a disappointing report in March. The Census Bureau and the Department of Housing and Urban Development said toda...
Tue, May 24 2016, 9:56 AM
What do banks have that non-bank residential lenders don’t? The fifth annual “State of Financial Marketing” survey conducted by The Financial Brand ...
Mon, May 23 2016, 9:50 AM
My memory's not as sharp as it used to be. Also, my memory's not as sharp as it used to be. The Bureau of Labor Statistics reports nearly 20% of Ameri...
Fri, May 20 2016, 10:57 AM
The National Association of Realtors® (NAR) said today that existing home sales sustained their recent momentum into April and rose 1.7 percent comp...
Fri, May 20 2016, 10:26 AM
Regarding this week’s MBA Secondary Marketing conference Marcus Lam with Opes Advisors writes, “Obviously this is not the most important thing, but ...
Fri, May 20 2016, 5:22 PM
A decrease in cash sales in February put 2016 on track to have the lowest share of such transactions in eight years. CoreLogic said that all cash purc...
Wed, May 18 2016, 4:02 PM
As Fannie Mae did earlier in its May Economic Summary, Freddie Mac today downgraded its outlook for economic growth for the remainder of 2016. And ...
Wed, May 18 2016, 3:57 PM
Fannie Mae has again downgraded expectations for economic growth in 2016. Doug Duncan, senior vice president and chief economist and the ESR Macroeco...
Tue, May 17 2016, 8:59 AM
Here’s something the funders can try in the lunch room today: bet a shipper that they can't catch a dropped dollar bill with their fingers.
Last ...
Mon, May 16 2016, 10:38 AM
The index that measures builder confidence in the new home market was unchanged in May for the fourth straight month the National Association of H...
Mon, May 16 2016, 9:22 AM
The European Central Bank has been collecting data on cyber-instances at 18 major banks as part of a pilot program that will be expanded to other le...
Fri, May 13 2016, 10:44 AM
Applications to purchase new homes experienced a
sharp drop in April, falling 11 percent from March. But the Mortgage Bankers Association (MBA),
wh...
Mon, May 9 2016, 1:00 PM
Is flipping back in vogue? CoreLogic, in a two-part article published in its blog says activity is up, but so far we are seeing nothing like the lev...
Fri, May 6 2016, 10:51 AM
Distressed properties represented a smaller share of all home sales once again in February. CoreLogic reports that 11.1 percent of closed sales durin...
Thu, Apr 28 2016, 12:24 PM
Home sales may be rising, but homeownership in the United States is heading down once again.
After gains in the second half of 2015, the homeowners...
Thu, Apr 28 2016, 10:20 AM
Do legal settlements between the government and lenders really do anything to expand credit to deserving home buyers needing to borrow money? I don’t ...
Wed, Apr 27 2016, 11:34 AM
Pending home sales rose for the second straight month in March although the increase was less than in February. The National Association of Realtors®...
Wed, Apr 27 2016, 9:49 AM
The “Tiny Home” movement is interesting, but 84 square feet ? That is enough to store my Hot Wheels, Match Box, and slot car collections. Am I thinki...
Tue, Apr 26 2016, 9:18 AM
With news swirling of US Bank’s mortgage reorganization last week, let’s not forget the regulator that touches every residential lender: the CFPB. T...
Tue, Apr 26 2016, 3:49 PM
Housing remains the bright spot in a darkening economic outlook according to Freddie Mac's economists. Though they have revised their forecast for ec...
Mon, Apr 25 2016, 10:53 AM
March was another disappointing month for new home sales however subsequent revisions continue to positively affect earlier estimates. The Census Bur...
Mon, Apr 25 2016, 10:01 AM
I call home improvement projects ‘teaching my son to swear” jobs.” One group of folks not swearing are people in the residential lending industry – at...
Fri, Apr 22 2016, 12:24 PM
All cash sales continued at an elevated level in January, increasing from December but accounting for a substantially lower share of sales than a year...
Thu, Apr 21 2016, 10:22 AM
Home price increases across the U.S. remained stable in February at +0.4 percent after the Federal Housing Finance Agency (FHFA) revised its original ...
Wed, Apr 20 2016, 11:56 AM
Spring market buyers got down to business in March and existing home sales rebounded, up 5.1 percent but didn't quite recover from a disappointing F...
Wed, Apr 20 2016, 9:51 AM
Fannie Mae's economists said Friday that housing indicators continue to be mixed. In the company's April Economic and Strategic Research report Senio...
Wed, Apr 20 2016, 9:44 AM
I was just in Denver the last few days where they were gearing up for the Colorado 420 celebration. But there’s not much to celebrate if you work for ...
Mon, Apr 18 2016, 10:44 AM
For the third consecutive month the Housing Market Index (HMI) was unchanged. After rising to a decade high of 65 in October, the HMI, jointly spo...
Mon, Apr 18 2016, 10:42 AM
“Control the rules, control the outcome.” This old saying will be of particular interest in upcoming political events… or mortgage company lawsuits & ...
