MND NewsWire : Housing and Economic News

Place your ad here

Email Alerts

Receive an Email Alert each time a story is posted to MND NewsWire.

- Subscribe to Email Alerts

RSS

- Posts | Comments

- View All RSS Feeds

Newsletters

- Subscribe to Newsletter

- Subscribe to Mortgage Rates Update

Latest Headlines

From MND NewsWire

Inventory Woes: Are They Worse Than They Look?

FHFA: Home Price Index Continues to Rise

Ellie Mae: Purchase Loan Share at Post-Recession Highs

Existing Home Sales Below Expectations for Second Month

Mortgage Application Volume Second Highest of Year

View All

Other Top Headlines

LO Resources; Doc and 1003 Products; Lender Credit Guideline...

MBS RECAP: Bonds Pulled Back Toward Top of Fence

Mortgage Rates Edge Slightly Higher

MBS Day Ahead: Checking in With "Longer-Term Trend"

Credit Scoring and HR Products; Freddie and Fannie - Never Standing...

Latest Video

Existing Home Sales Below Expectations; Mortgage Apps Improve

Published: 6/20/2018

VIEW | SUBSCRIBE | ARCHIVE

Comments

Latest Questions

Channel Options ↓ More

MND NewsWire Headlines

RSS

EMAIL ALERTS

News » MND NewsWire

Home » News Headlines » MND NewsWire Home

About this Channel

MND NewsWire features plain and simple interpretations of industry related data and events written in a manner that maintains the interest of random readers while still catering to the perspective of a housing market professional.

Sort by: Most Recent | Most Viewed | Most Commented

Inventory Woes: Are They Worse Than They Look?

Comments (0)

Read More

by Jann Swanson on June 21 2018, 10:03 AM

There has been a lot of hand-wringing for going on two years or so about the incredible shrinking inventory of homes for sale . This week CoreLogic analyst Molly Boesel joins the chorus with another analysis of the problem. Boesel says the inventory of...
FHFA: Home Price Index Continues to Rise

Comments (0)

Read More

by Jann Swanson on June 21 2018, 9:30 AM

There was another 0.1 percent increase in the Federal Housing Finance Agency's (FHFA's) House Price Index (HPI) in April. The index, which is calculated using home sales prices from mortgages sold to or guaranteed by the government sponsored enterprises...
Ellie Mae: Purchase Loan Share at Post-Recession Highs

Comments (0)

Read More

by Jann Swanson on June 21 2018, 6:05 AM

Loans for home purchasing continue to dominate mortgage originations and Ellie Mae says they may now represent the largest share of loans since the recession. The company's May Origination Insight Report put the purchasing share at 70 percent, the largest...
Existing Home Sales Below Expectations for Second Month

Comments (0)

Read More

by Jann Swanson on June 20 2018, 10:41 AM

Analysts were expecting existing home sales to rebound in May after they fell behind year-ago levels in April. However, the National Association of Realtors® (NAR) reported a second straight monthly loss , with the Northeast the only region where...
Mortgage Application Volume Second Highest of Year

Comments (0)

Read More

by Jann Swanson on June 20 2018, 6:12 AM

Mortgage interest rates waffled, moving in different directions depending on the product last week, but the volume of mortgage applications increased rather decisively . The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure...
A New CFPB Director? Perhaps That's Not the Intention

Comments (0)

Read More

by Jann Swanson on June 19 2018, 11:15 AM

The White House announced on Monday the nomination of Kathy Kraninger as head of the Consumer Financial Protection Bureau (CFPB) to replace acting director Mick Mulvaney. The appointment caught many in Washington by surprise as Kraninger is not widely...
Housing Starts Rebounded in May, Permits Still Lag

Comments (0)

Read More

by Jann Swanson on June 19 2018, 9:46 AM

Residential construction data was mixed for May as reported on Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development. Housing starts recovered strongly from their April loss while permits continued lower. Housing starts...
Fannie Mae June Outlook Turns a Little Cautious

Comments (0)

Read More

by Jann Swanson on June 19 2018, 8:16 AM

Despite a slowing rate of economic growth in the second estimate for the first quarter, Fannie Mae's economists are holding firm in their forecast for the remainder of the year. The second preliminary estimate for the quarter was for growth of 2.2 percent...
Builder Confidence: Tariffs on Lumber Hurting Affordability

Comments (0)

Read More

by Jann Swanson on June 18 2018, 10:22 AM

Builder confidence in the market for new single-family homes ended a three-month slide in May , as the Housing Market Index ticked up two points. This month that two-point gain evaporated as the index slid back down to 68. The National Association of...
Americans Sitting on Trillions in Tappable Equity

Comments (3)

Read More

by Jann Swanson on June 17 2018, 10:52 AM

Americans are sitting on a nearly unprecedented level of untapped wealth - or maybe sitting IN it is more to the point. A report from Black Knight notes the first quarter of this year saw the "tappable" equity Americans have in their homes rose at what...
Sales to Slump as Costs Drive Builder Bottleneck

Comments (0)

Read More

by Jann Swanson on June 14 2018, 12:54 PM

The Mortgage Bankers Association (MBA) is projecting a decline in new home sales in May. Its computation is based on information from its Builder Application Survey (BAS) which collects information on mortgage applications for new home purchases from...
Lenders Remain Pessimistic about Demand, Profits

Comments (0)

Read More

by Jann Swanson on June 13 2018, 9:56 AM

Last week the Mortgage Bankers Association said that independent mortgage bankers had reported negative production revenue in the first quarter of this year. This week Fannie Mae reminded us that lenders have long expected it to happen. The company's...
Mortgage Application Volume Falls Back as Rates Rise

Comments (0)

Read More

by Jann Swanson on June 13 2018, 4:26 AM

The flurry of mortgage activity during the week ended June 1st didn't last long. Application volume resumed its months-long retreat last week as interest rates rose. The Mortgage Bankers Association said its Market Composite Index, a measure of volume...
Credit Availability Climbs to Three-Month High in May

Comments (0)

Read More

by Jann Swanson on June 12 2018, 11:35 AM

An increase availability of high balance loans helped drive the Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) to a three-month high in May. MBA said the Index rose 1.5 percent to 180.6. An increase in the MCAI is indicative...
Record High Equity Thanks to Mortgage Credit Demographics

Comments (0)

Read More

by Jann Swanson on June 11 2018, 1:36 PM

As the value of residential real estate rises with home prices, so has the owner's equity share of that value. Jing Fu, writing in the National Association of Home Builders' (NAHB) Eye on Housing Blog, says that equity hit a new high in the first quarter...

1 2 3 4 5 Next > ... Last »

More From MND