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

Many Enlist, but Flood Coverage Still Falls Short

Existing Home Sales Level Out After Long Decline

August Loan Closing Rate Highest of Year

Home Starts Improve, but There's a Catch

Mortgage Apps Gaining Ground Despite Higher Rates

View All

Other Top Headlines

Investor Products; Mortgage Fraud Paper; Wells, PUF, BMO Harris...

MBS RECAP: Not a Win, But At Least It's Not a Loss

Mortgage Rates Trying to Stop The Bleeding

Vendor Mgt. and POS Products; Upcoming Events; Ask a Lender's...

MBS Day Ahead: Long-Term Trend is a Cheap Trick. Here's The...

Latest Video

Flood Coverage Needs Flood of New Policies; Best Day of a Rotten Week

Published: 9/21/2018

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

Many Enlist, but Flood Coverage Still Falls Short

Comments (0)

Read More

by Jann Swanson on September 20 2018, 2:06 PM

Even as flood water continue to sit in living rooms and kitchens across a large swath of North Carolina it is clear that most of those homes are not insured against the damage. Mary Williams Walsh, writing in the New York Times, says that in North Carolina...
Existing Home Sales Level Out After Long Decline

Comments (0)

Read More

by Jann Swanson on September 20 2018, 10:58 AM

It was a disappointment, but at least it wasn't a loss. Existing home sales, which were expected to increase in August after four straight months of declines instead remained unchanged from July. In fact, almost the entire report on August's existing...
August Loan Closing Rate Highest of Year

Comments (0)

Read More

by Jann Swanson on September 20 2018, 7:58 AM

The share of loans originated for refinancing rose in August for the first time this year. Ellie Mae's Origination Insight Report shows that closed transactions for refinancing represented 32 percent of the total, up 3 percentage points from July. The...
Home Starts Improve, but There's a Catch

Comments (0)

Read More

by Jann Swanson on September 19 2018, 9:49 AM

Both permits and starts were expected to pick up in August, at least holding on to their slight gains in July. Housing starts did deliver, posting a strong increase, but permits, a leading indicator, were down sharply. The U.S. Census Bureau and Department...
Mortgage Apps Gaining Ground Despite Higher Rates

Comments (0)

Read More

by Jann Swanson on September 19 2018, 7:41 AM

Labor Day typically marks the end of summer and the resumption of business as usual. Hopefully it also marked the beginning of a turnaround for mortgage applications, which increased across the board for the first time since mid-June. The Mortgage Bankers...
House-Hungry Millenials Help Keep Builder Confidence Solid

Comments (0)

Read More

by Jann Swanson on September 18 2018, 10:18 AM

Builder confidence in the market for newly-built single-family homes stabilized a bit in September. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which has been wobbly in recent months, retained its August reading...
Fannie Thinks Economic Expansion Just Peaked

Comments (0)

Read More

by Jann Swanson on September 17 2018, 12:27 PM

The robust growth in the economy in the second quarter may be the final peak of this expansion according to Fannie Mae's Economic Development Report for September. Initial data indicates the 4.2 percent growth last quarter appears to be moderating to...
Downpayments Hit Record Levels

Comments (0)

Read More

by Jann Swanson on September 17 2018, 10:39 AM

There were quite a few recent milestones, high and low, noted in the Quarter 2 Residential Property Loan Origination Report from ATTOM Data Solutions. The report covers the 2.09 million 1 to 4 unit residential loans originated during the quarter, an increase...
CoreLogic: Hurricane Florence Losses Estimated at $3 to $5B

Comments (0)

Read More

by Jann Swanson on September 14 2018, 11:09 AM

Even as Hurricane Florence is pushing unprecedented levels of flood waters into North and South Carolina homes, CoreLogic is issuing estimates regarding the storm's dollar costs. Their analysis shows that insured property losses for both residential and...
Lower Priced Homes Driving New Home Sales

Comments (0)

Read More

by Jann Swanson on September 14 2018, 10:22 AM

While applications for financing new home purchases declined in August, the Mortgage Bankers Association (MBA) is predicting a bump in the month's new home sales. The MBA's Builder Applications Survey (BAS) data for August show mortgage applications for...
Mortgage Fraud Risks Rise, Especially Income Fraud

Comments (2)

Read More

by Jann Swanson on September 13 2018, 11:43 AM

The risk of mortgage fraud jumped by 12.4 percent on an annual basis in the second quarter, the seventh consecutive quarter in which it has increased . CoreLogic said its Mortgage Application Fraud Risk Index now puts the rate of fraud at 0.92 percent...
Most Credit Scores Rose After Reporting Changes; Some Fell

Comments (0)

Read More

by Jann Swanson on September 12 2018, 1:30 PM

In the last half of 2017 the three credit bureaus, Equifax, TransUnion, and Experian, agreed to change the way they handle collection accounts. These accounts represent a wide variety of debt - unpaid gym memberships, unpaid traffic tickets, delinquent...
Mortgage Apps: Purchases Up, Refis Retreat During Holiday Hampered Week

Comments (0)

Read More

by Jann Swanson on September 12 2018, 7:30 AM

Mortgage applications for home purchases managed to move higher for the second straight time last week in spite of the usual lag in activity that accompanies a holiday shortened work week. The Mortgage Bankers Association said its Market Composite Index...
Jumbo Loan Guidelines Tightened in August

Comments (0)

Read More

by Jann Swanson on September 11 2018, 12:59 PM

The Mortgage Bankers Association said its Mortgage Credit Availability Index (MCAI) moved lower in August due to a decline in its jumbo loan component index. The composite MCAI decreased 0.3 percent to 183.5. A decline in the MCAI indicates that lending...
More Competition and Less Demand? Lender Margins Looking Dismal

Comments (1)

Read More

by Jann Swanson on September 11 2018, 12:21 PM

Mortgage lenders appear to be holding credit standards stable despite increasing competition and declining demand and profit expectations. Fannie Mae's third quarter Mortgage Lender Sentiment Survey found an increasing number of respondents reporting...

1 2 3 4 5 Next > ... Last »

More From MND