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

Urban Institute Debunks Myth of Risky Small-Dollar Loans

Purchase Volume Takes a Hit, Responding to Rising Interest Rates

New Home Sales Best Estimates, Inventories Decline

Home Price Appreciation Hit the Brakes in February per FHFA

Lenders Look to Technology Solutions to Increase Profitability

View All

Other Top Headlines

Mortgage Rates Drop to Lowest Levels in More Than a Week

MBS Day Ahead: Add Australia to The List of Overseas Economies...

Non-QM, Document Products; News From FHA, VA, HFAs; Compass and...

MBS RECAP: Week's Important Events Still to Come

Mortgage Rates Move Up Despite Market Gains

Latest Video

Purchase Volume Falls Slightly From 9-Year High; Smaller Loans More Risky?

Published: 4/24/2019

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

Urban Institute Debunks Myth of Risky Small-Dollar Loans

Comments (2)

Read More

by Jann Swanson on April 24 2019, 10:30 AM

Conventional wisdom, according to the Urban Institute (UI), holds that small mortgages are riskier than large ones. That may be one reason that only one out of four homes sold for $70,000 or less in 2015 was financed with a mortgage compared to 80 percent...
Purchase Volume Takes a Hit, Responding to Rising Interest Rates

Comments (0)

Read More

by Jann Swanson on April 24 2019, 5:20 AM

Rising interest rates continued to take a toll on mortgage applications during the week ended April 19. Even purchase mortgage volume fell victim to the increasing rates after rising for six consecutive weeks. The Mortgage Bankers Association (MBA) said...
New Home Sales Best Estimates, Inventories Decline

Comments (0)

Read More

by Jann Swanson on April 23 2019, 10:34 AM

New home sales continued on a winning streak in March , increasing for the third straight month. The U.S. Census Bureau and the Department of Housing and Urban Development said sales of newly constructed homes were at a seasonally adjusted annual rate...
Home Price Appreciation Hit the Brakes in February per FHFA

Comments (0)

Read More

by Jann Swanson on April 23 2019, 9:44 AM

The pace of home price appreciation slowed notably in February , at least as reflected in the Federal Housing Finance Agency's (FHFA's) House Price Index (HPI). The index, which is calculated using home sales information from mortgages sold to or guaranteed...
Lenders Look to Technology Solutions to Increase Profitability

Comments (0)

Read More

by Jann Swanson on April 22 2019, 1:09 PM

As profit margins have continued to shrink, mortgage lenders have been seeking to utilize technology to reduce their production expenses which involve in part transmitting large volumes of data among several interconnected parties such as consumers, investors...
March Home Sales Couldn't Repeat February's Win

Comments (0)

Read More

by Jann Swanson on April 22 2019, 10:43 AM

The question this morning was whether March's existing home sales could build on the strong numbers posted in February, an 11.8 percent increase from the prior month with a seasonally adjusted pace of 5.51 million. It was the largest gain in more than...
Fannie Mae: Residential Investment, Home Sales Will Improve in 2019

Comments (0)

Read More

by Jann Swanson on April 19 2019, 12:29 PM

For the second month in a row we find ourselves stating that Fannie Mae's forecast , while still predicting a slowdown in economic growth this year, appears overall more upbeat than in the previous month . The April report is still predicting that growth...
Residential Construction Lags Expectations, Except in the West

Comments (0)

Read More

by Jann Swanson on April 19 2019, 9:46 AM

Contrary to expectations, all three of the residential construction measures from the U.S. Census Bureau and the Department of Housing and Urban Development fell in March . Not only were they lower than in February, but they were down year-over-year,...
Lower Rates Have Slight Impact on New Loan Stats

Comments (0)

Read More

by Jann Swanson on April 18 2019, 10:52 AM

Continuing declines in interest rates had some impact along the margins of loan originations in March. Ellie Mae's Origination Insight Report for March reports that 30-year fixed-rate mortgages originated during the month had an average interest rate...
Lenders Manage Tiny Profits in 2018 Despite Rate Hikes, Inventories

Comments (0)

Read More

by Jann Swanson on April 18 2019, 8:07 AM

Despite their fourth quarter loss reported last month, independent mortgage banks and bank mortgage subsidiaries still managed, albeit barely, to stay in the black last year. The Mortgage Bankers Association (MBA) said that banks responding to its survey...
New Tax Rules May Have Added to Housing Slowdown

Comments (2)

Read More

by Jann Swanson on April 17 2019, 10:22 AM

Two New York Federal Reserve Bank economists are asking whether the tax reform act that went into effect at the beginning of 2018 is playing a role in the decline of home sales. Richard Peach and Casey McQuillan, writing in Liberty Street Economics ,...
Purchase Volume Continues Higher Despite Rising Rates

Comments (0)

Read More

by Jann Swanson on April 17 2019, 5:26 AM

It would appear that Refis' time in the sun is listing back towards purchases, as mortgage rates increased for the second straight week and application volume retreated further . The Mortgage Bankers Association's Market Composite Index, a measure of...
Buyer Traffic Improves, Builders Still Leery of New Home Market

Comments (0)

Read More

by Jann Swanson on April 16 2019, 10:20 AM

Builder confidence levels as reported by the National Association of Home Builders (NAHB) remained in the low 60s in April, a space it has now occupied for three months. The NAHB/Wells Fargo Housing Market Index (HMI) a measure of confidence in the market...
Non-Bank Lender CEO on Why Companies Like His Could Cause Next Crisis

Comments (1)

Read More

by Jann Swanson on April 15 2019, 2:46 PM

In an opinion piece published by MarketWatch , the president of the nation's third largest non-bank lender says institutions such as his could find themselves in a tough situation should liquidity dry up. So tough, in fact, it could endanger the entire...
Homeowners Expecting Higher Appraisals than They Get

Comments (0)

Read More

by Jann Swanson on April 15 2019, 10:56 AM

Homeowners are and should be proud of their homes, but that often leads them to think it has a higher value than does an appraiser and the difference between the two opinions increased significantly in March. Quicken Loans says the gap in its Home Price...

1 2 3 4 5 Next > ... Last »

More From MND