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

DACA "Dreamers" Given FHA Loan Eligibility

Rising Material Prices and Lot Shortages Hurt January Builder...

New Home Purchase Applications Remained Strong to Year's...

Fannie/Freddie Allowed to Keep More Capital (Again)

Refinancing Volume Pulls Back as Rates Rise

View All

Other Top Headlines

MBS Day Ahead: Does Inauguration Day Matter For The Bond Market...

Ops, AE Jobs; Sales, Leadership, Tech, Pricing Tools; VA, Ginnie...

MBS RECAP: Uneventful Start This Week; Next Move Remains Debatable

IT, AE Jobs; Jumbo, Origination, Productivity Tools; Thoughts...

Latest Video

Biden Nominates Two Picks for Important Financial Positions; Uneventful Start For Bonds This Week

Published: 1/19/2021

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

DACA "Dreamers" Given FHA Loan Eligibility

Comments (0)

Read More

by Jann Swanson on January 20 2021, 3:02 PM

The Department of Housing and Urban Development (HUD) announced on Tuesday that it has extended eligibility for FHA mortgages to individuals who are classified under the Deferred Action for Childhood Arrivals program (DACA). These individuals are perhaps...
Rising Material Prices and Lot Shortages Hurt January Builder Confidence

Comments (0)

Read More

by Jann Swanson on January 20 2021, 10:28 AM

After setting three successive record highs, most recently a 90 level in November , the pandemic and rising construction costs are taking a toll on the Housing Market Index (HMI). The National Association of Home Builders (NAHB) said the index, which...
New Home Purchase Applications Remained Strong to Year's End

Comments (0)

Read More

by Jann Swanson on January 19 2021, 12:55 PM

The Mortgage Bankers Association (MBA) estimates that applications for the purchase of newly built homes rose only 0.2 percent from November to December, however, those applications were up 42.2 percent compared to December 2019. The information comes...
Fannie/Freddie Allowed to Keep More Capital (Again)

Comments (0)

Read More

by Jann Swanson on January 19 2021, 12:23 PM

Late last week the Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury (Treasury) agreed to amend the Preferred Stock Purchase Agreements (PSPAs) which govern the required distribution of dividends to Treasury from the government...
Refinancing Volume Pulls Back as Rates Rise

Comments (0)

Read More

by Jann Swanson on January 20 2021, 5:56 AM

The volume of mortgage applications fell back slightly last week. The Mortgage Bankers Association (MBA) said its Market Composite Index was down 1.9 percent on a seasonally adjusted basis during the week ended January 15 compared to the prior reporting...
Biden Nominates Two Picks for Important Financial Positions

Comments (0)

Read More

by Jann Swanson on January 19 2021, 11:05 AM

President-elect Joe Biden has announced his picks for two important financial regulatory positions. The chairmanship of the Consumer Financial Protection Bureau (CFPB) will be filled by Rohit Chopra while Gary Gensler is expected to be named to head the...
Improvements in Forbearance Continue to Slow

Comments (0)

Read More

by Jann Swanson on January 15 2021, 8:47 AM

A decline in the number of forborne loans in those portfolios serviced for banks and private label securities (PLS) accounted for most of the modest downturn in overall numbers last week. Black Knight said the number of active plans dropped by 9,000 loans...
Freddie Sees Mortgage Originations Contracting Nearly 20% in 2021

Comments (0)

Read More

by Jann Swanson on January 15 2021, 10:19 AM

Freddie Mac's first quarter 2021 economic forecast is unusually short, and, unlike recent forecasts from either of the GSEs, has relatively few revisions. The company's economists say that nearly a year after the first cases of COVID-19 were diagnosed...
Post-2008 Standardized Practices Have Helped Manage Forbearances

Comments (0)

Read More

by Jann Swanson on January 13 2021, 11:39 AM

Fannie Mae said that the standardization of servicing standards that followed the 2008 housing crisis appears to have helped the industry manage the recent flood of COVID-19 forbearance plans. The company included a series of questions about forbearance...
Refi Applications Highest Since March

Comments (0)

Read More

by Jann Swanson on January 13 2021, 6:42 AM

It was a typical first-work-week-after-the holiday bounce for the mortgage indexes, although the surge was significantly more restrained than last year. Perhaps the nation was otherwise distracted. The Mortgage Bankers Association (MBA) said its Market...
Tentative Recovery in Mortgage Availability With Help From Government and Jumbo Loans

Comments (0)

Read More

by Jann Swanson on January 12 2021, 1:39 PM

While it did dip a bit last month, the availability of mortgage credit appears to be stabilizing , having moved only slightly over the last three months. The Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) was down 0.1...
Although Gradually Improving, Delinquencies Remain Elevated

Comments (0)

Read More

by Jann Swanson on January 12 2021, 8:19 AM

The rate of mortgage delinquencies remains significantly elevated from last year, but there is gradual improvement . The national rate moved higher in October on an annual basis per CoreLogic's Loan Performance Insights Report . Loans that were 30 or...
Still Cheaper to Own than Rent in Majority of U.S. Counties

Comments (2)

Read More

by Jann Swanson on January 08 2021, 1:23 PM

In most parts of the country owning a home is more affordable than renting one according to ATTOM Data Solutions' 2021 Rental Affordability Report . The company looked at the median price of a three-bedroom home in 915 U.S. counties and the rent for a...
Black Knight Notes Slowdown in Forbearance Improvement

Comments (0)

Read More

by Jann Swanson on January 08 2021, 10:01 AM

A month end wave of plan expirations in December led to a substantial decline in the number of active forbearances during the first week of 2021. Black Knight says there were 92,000 fewer active plans as the week ended, a decline of 3 percent and the...
Pandemic Took a Bigger Bite Out of Upbeat Housing Attitudes in December

Comments (1)

Read More

by Jann Swanson on January 07 2021, 2:30 PM

That the pandemic is worse today than it was last spring appears to be finally dawning on a lot of consumers and the Home Purchase Sentiment Index (HPSI) for December reflects it. Fannie Mae says its index, based on six questions from its monthly National...

1 2 3 4 5 Next > ... Last »

More From MND