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

Freddie Mac to Automate Appraisals for Some Purchase Mortgages

Freddie Mac Puts Price on All-Cash Transactions

CoreLogic - Don't Overlook Rates in Affordability Discussions

Refis Enjoy Nice Bounce Thanks to Lowered Rates

Pitiful Housing Supply Slighted Dampened Q2 Home Sales

View All

Other Top Headlines

Appraisal News; Lock Process Changes; HARP, CRT

MBS Day Ahead: Most Traders Thinking "Don't Rock The...

MBS RECAP: Introducing The "Snow Cohn"

Trump Administration Drama Pushing Rates Even Lower

Do’s and Don’t’s For Divorce Attorneys (and Their Clients Owning...

Latest Video

More 2017 Lows for Rates; More Trump Drama; Freddie to Automate Some Appraisals

Published: 8/18/2017

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

Freddie Mac to Automate Appraisals for Some Purchase Mortgages

Comments (0)

Read More

by Jann Swanson on August 18 2017, 10:30 AM

Freddie Mac announced today that, going forward, not every application for a purchase mortgage will necessarily trigger an appraisal . A new automated alternative to traditional appraisals, which the company introduced for refinances in June, will soon...
Freddie Mac Puts Price on All-Cash Transactions

Comments (0)

Read More

by Jann Swanson on August 18 2017, 10:11 AM

As investors flooded into the housing market after it collapses, they brought cash with them. At one point, 35 percent of home sale transactions were closed without a mortgage, i.e. were all-cash sales. Home prices are up, the bargains are gone, but cash...
CoreLogic - Don't Overlook Rates in Affordability Discussions

Comments (0)

Read More

by Jann Swanson on August 17 2017, 1:15 PM

Although home affordability is high, relative to pre-crisis levels, the rate at which their prices are increasing is cause for concern. Andrew LePage, CoreLogic Professional in Research Analysis, says the role of rising interest rates should not be overlooked;...
Refis Enjoy Nice Bounce Thanks to Lowered Rates

Comments (0)

Read More

by Jann Swanson on August 17 2017, 9:42 AM

There is still life left in refinancing. While at nowhere near the levels of a few years ago, Ellie Mae's Origination Insight Report for July reported that the percentage of loans that were for refinancing increased by three points to 35 percent . That...
Pitiful Housing Supply Slighted Dampened Q2 Home Sales

Comments (0)

Read More

by Jann Swanson on August 16 2017, 10:46 AM

Headstrong is a rather interesting word, but the National Association of Realtors® (NAR) chose it to describe the continuing imbalance between supply and demand in the housing market. NAR blames this imbalance for slightly tempering home sales as...
Construction Indicators Slide, Housing Starts Suffer

Comments (0)

Read More

by Jann Swanson on August 16 2017, 9:43 AM

After posting unexpectedly high numbers in June, all three residential construction indicators lost ground in July , and one, housing starts, is now running below its year-ago rate. While the softening is primarily in the multi-family sector, starts have...
Purchases Drag Down Mortgage Application Volume

Comments (0)

Read More

by Jann Swanson on August 16 2017, 4:56 AM

A decline in applications for home purchases nearly overwhelmed the gain made by refinancing activity during the week ended August 11. The Mortgage Bankers Association reported that its Market Composite Index, a measure of application volume, managed...
Big Landlord Merger Sounds Scary but Probably Isn't

Comments (0)

Read More

by Jann Swanson on August 15 2017, 1:04 PM

One of the many shifts endured by the housing industry during the Great Recession was the entry of institutional investors into the single-family housing market. Hedge funds and other Wall Street types bought up thousands of single family residences ...
Nice Rebound in Builder Confidence - NAHB

Comments (0)

Read More

by Jann Swanson on August 15 2017, 10:23 AM

Builder confidence made a strong comeback this month , surprising analysts and belying some of the gloom expressed by the National Association of Home Builders (NAHB) earlier this week about construction labor problems. NAHB said the NAHB/Wells Fargo...
Don't Worry, Housing Only "Feels" Unaffordable

Comments (0)

Read More

by Jann Swanson on August 14 2017, 1:13 PM

Housing, at least according to Freddie Mac vice president and chief economist Sean Becketti, isn't unaffordable. It just feels that way . Becketti, in a recent post on the company's Perspectives blog, says the media is full of headlines that decry the...
NAHB Says Labor Shortages Worsening

Comments (0)

Read More

by Jann Swanson on August 14 2017, 10:17 AM

About a month ago, the National Association of Home Builders (NAHB) seized on the May Job Openings and Labor Turnover survey (JOLTs) report as an indication that the tight construction labor market might be loosening. The report indicated a decline in...
NMLS Makes Biometric Logins Mandatory

Comments (1)

Read More

by Jann Swanson on August 11 2017, 11:48 AM

Citing increased fraud affecting its education and testing procedures, the Nationwide Multistate Licensing System (NMLS) is implementing a new biometric password system for use by its instruction providers. NMLS, which handles state licensing of loan...
MBA Expects Nosedive in July New Home Sales

Comments (0)

Read More

by Jann Swanson on August 10 2017, 11:22 AM

The Mortgage Bankers Association (MBA) expects there will be a sharp downturn reported in July sales of newly constructed homes. While its Builder Applications Survey (BAS) data for the month shows mortgage applications for new home purchases remained...
Short-Term Rental Income Calculations Changed

Comments (0)

Read More

by Jann Swanson on August 10 2017, 10:35 AM

Freddie Mac has made some changes to the way in which lenders must handle rental income. The changes are primarily aimed at determining the stability of that income , especially when it is short term and does not involve a lease. The changes apply to...
Post-Crisis Paradox Continues as Jumbo Beats Conforming

Comments (0)

Read More

by Jann Swanson on August 09 2017, 2:03 PM

Jumbo loans have historically been more expensive for borrowers than those the meet the "conforming" loan limit - which is currently set at $424,100. CoreLogic, in a new analysis, says that changed several years ago. Starting in mid-2013, borrowing through...

1 2 3 4 5 Next > ... Last »

More From MND