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

CoreLogic: Economic Tailwinds Aiding Mortgage Performance

Comments (0)

Read More

by Jann Swanson on August 08 2017, 12:09 PM

CoreLogic reported on Tuesday that the national mortgage delinquency rate in May was the lowest in nearly a decade . The company's Loan Performance Insights Report for the month shows 4.5 percent of outstanding mortgages were in some stage of delinquency...
Refinancing Gains Ground on Lower Rates

Comments (0)

Read More

by Jann Swanson on August 09 2017, 7:42 AM

Refinancing performed well during the week ended August 4, pulling the Mortgage Bankers Association's Market Composite Index higher. The Index, a measure of mortgage application volume, increased 3.0 percent on both a seasonally adjusted and an unadjusted...
In Stress Test Case, GSEs Would Need Another $100 Billion

Comments (1)

Read More

by Jann Swanson on August 08 2017, 10:54 AM

Like all large financial institutions, the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are required by the Dodd-Frank Act to submit to periodic stress tests. These tests, known as DFASTs, are designed to determine whether companies...
Fannie Mae Notes Downturn in Buying/Selling Attitudes

Comments (0)

Read More

by Jann Swanson on August 07 2017, 1:34 PM

Consumer attitudes toward buying and selling a home turned negative in July. Fannie Mae's National Housing Survey conducted during the month found fewer overall consumers thinking it was a good time to complete either type of transaction. In June, when...
Low-Downpayment Mortgages Becoming the Norm

Comments (0)

Read More

by Jann Swanson on August 07 2017, 10:52 AM

Fannie Mae and Freddie Mac's (the GSE's) low downpayment loans are apparently beginning to cause some pain for FHA lending. Black Knight's Mortgage Monitor report, its monthly summary of mortgage performance data, notes that low-down-payment originations...
Risk for Mortgage Fraud Increases Slightly - CoreLogic

Comments (0)

Read More

by Jann Swanson on August 07 2017, 8:15 AM

CoreLogic says conditions in the mortgage market are once again fertile ground for mortgage fraud . The company's National Fraud Risk Index hit a new high of 132 in the first quarter of this year versus 113 in the first quarter of 2016 and 122 in the...
Fannie and Freddie Echo FHFA's Conservatorship Concerns

Comments (0)

Read More

by Jann Swanson on August 04 2017, 11:23 AM

Fannie Mae and Freddie Mac (the GSEs, or "government-sponsored enterprises") were already well past having paid back taxpayer bailouts before this week's earnings releases. Freddie Mac has paid back $36.9 billion more than it drew from taxpayers and the...
Conflicting Views on Need for New Credit Scoring Models

Comments (0)

Read More

by Jann Swanson on August 03 2017, 1:07 PM

Within hours of each other Laurie Goodman, co-director of the Urban Institute's Housing Finance Policy Center, and Melvin Watt, Director of the Federal Housing Finance Agency, expressed quite different views on the need for an immediate change in the...
ARMs Drive Slight Improvement in Underwriting Standards -MBA

Comments (0)

Read More

by Jann Swanson on August 03 2017, 10:52 AM

While adjustable rate mortgages (ARMs) make up only a fraction of mortgage originations (just over 6 percent in the most recent Mortgage Bankers Association's (MBA's) volume summary), changes to some of their underwriting parameters were reflected in...
FHFA Director on Racial Divide in Homeownership and Reality of G-Fees

Comments (1)

Read More

by Jann Swanson on August 02 2017, 12:20 PM

Federal Housing Finance Agency Director Melvin L. Watt focused much of his speech to the National Association of Real Estate Brokers (NAREB) on its five-year goal of creating two million new Black homeowners. The numbers don't lie, Watt said. In 2004...
MBA Reform Proposal Will Have Little Impact on Consumer Costs

Comments (0)

Read More

by Jann Swanson on August 01 2017, 3:19 PM

In April, the Mortgage Bankers Association (MBA) published its proposal for reform of the housing finance system. This week Mike Fratantoni, MBA's Chief Economist and Senior Vice President of Research and Economics, weighed in on the potential implications...
NAHB Urges Passage of Bi-Partisan Affordable Housing Bill

Comments (0)

Read More

by Jann Swanson on August 02 2017, 8:33 AM

The National Association of Home Builders (NAHB) has strongly endorsed passage of a bill, recently introduced into the U.S. Senate which the trade group says would promote the construction of sorely needed rental apartments and help alleviate the nation...
Rates Mixed but Mortgage Apps Fall Across The Board

Comments (0)

Read More

by Jann Swanson on August 02 2017, 7:40 AM

The volume of mortgage applications declined during the week ended July 28. There were fewer applications for both purchase mortgages and refinancing than during the week ended July 21. The Mortgage Bankers Association (MBA) said its Market Composite...
Multifamily Sector Drags Down Construction Spending

Comments (0)

Read More

by Jann Swanson on August 01 2017, 11:53 AM

Construction spending, both public and private, dropped 1.3 percent in June . Spending was at a seasonally adjusted annual rate of $1.21 trillion compared to the May estimate of $1.22 trillion, an upward revision of 0.3 percent from the original number...
Inventories Pushing Home Prices Too High in 4 Metro Areas -CoreLogic

Comments (0)

Read More

by Jann Swanson on August 01 2017, 10:24 AM

Home prices chalked up another healthy gain in June . CoreLogic reports that its Home Price Index (HPI) marked a 6.7 percent increase compared to the June 2016. This was up from the 6.6 percent May-to-May change, but was still the second smallest annual...

< Previous 1 2 3 4 5 Next > ... Last »

More From MND