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

Fannie Sees Growth Slowing, Turns Bearish on Housing

Libor - Not Exactly an Obituary, But...

FHFA Ruled Unconstitutional, but Net Sweep Prevails

Purchase Share and Interest Rates Creep up, Hit New Ellie Mae...

Millennial Homeownership Headwinds Worrisome for Future

View All

Other Top Headlines

Flood, Volcano, Hurricane, and Disaster News; Lender Updates

MBS RECAP: Key Technical Ends Up Providing Support

Mortgage Rates Back to Flat After Starting Higher

MBS Day Ahead: What Happens If Bonds Break This Ceiling? (Philosophical...

LO Training and Conferences; Teams With Different Comp Plans...

Latest Video

FHFA Ruled Unconstitutional; LIBOR Replacement; Ellie's Origination Stats

Published: 7/19/2018

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

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...
Consumer Optimism Continues Despite Rising Home Prices

Comments (0)

Read More

by Jann Swanson on June 08 2018, 9:48 AM

Despite declining consumer confidence about buying a home, Fannie Mae's Home Purchase Sentiment Index® (HPSI) hit a second consecutive survey high in May. The Index, which distills some of the responses from the National Housing Survey, rose 0.6 points...
10 Years After Crisis, Mortgage Market Needs New Fixes

Comments (4)

Read More

by Jann Swanson on June 07 2018, 12:13 PM

Happy Anniversary - or something... It is a decade since the financial crisis and ultimately the Great Recession began. Bear Stearns collapsed in March of 2008, the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, were placed in conservatorship...
After Long Search, MBA Finds New Leadership

Comments (0)

Read More

by Jann Swanson on June 07 2018, 11:14 AM

A nine-month search for a replacement for David H. Stevens as president and CEO of the Mortgage Bankers Association (MBA) ended today with the selection of Robert D. Broeksmit. Broeksmit is a Certified Mortgage Banker (CMB) and current president and chief...
Mortgage Banks in The Red For Q1

Comments (0)

Read More

by Jann Swanson on June 06 2018, 12:18 PM

The Mortgage Bankers Association (MBA) said on Wednesday that independent mortgage banks and mortgage subsidiaries of chartered banks reported net production losses in the first quarter of 2018, for only the second time since MBA began tracking the data...
Fannie Introduces Manufactured Housing Changes, Updates Condo Policies

Comments (0)

Read More

by Jann Swanson on June 06 2018, 10:35 AM

A Selling Guide Announcement from Fannie Mae on Tuesday introduced a new initiative for loans secured by manufactured housing. The MH Advantage program is designed for those units that meet specific construction, architectural design, and energy efficiency...
Interest Rate Reprieve Drives Higher Volumes

Comments (0)

Read More

by Jann Swanson on June 06 2018, 6:38 AM

The dip in mortgage rates reported by the Mortgage Bankers Association (MBA) for the week ended June 1 was small compared to the 10-basis point decline reported by Freddie Mac for the same period, but it did seem to spur increased mortgage activity ....
Flagstar Acquires Wells' Assets in Four States

Comments (0)

Read More

by Jann Swanson on June 05 2018, 2:06 PM

Wells Fargo continued to shrink its retail banking footprint this week with the sale of its banking branches in Indiana, Michigan, Wisconsin, and Ohio. The 52 branches will be acquired by Troy Michigan-based Flagstar Bank. Bloomberg reported in January...
Is Credit Easing? Depends on Where You Look

Comments (0)

Read More

by Jann Swanson on June 05 2018, 9:02 AM

There is easy money, which in mortgage lending terms would be exemplified by underwriting standards in the 2005-2008 period, and there is tight money, the state of mortgage lending in the years immediately thereafter. Where does underwriting stand today...

« First ... < Previous 2 3 4 5 6 Next > ... Last »

More From MND