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

Forbearances Ending at a Faster Pace

70% of Freddie's Portfolio Suggests Refis Aren't Dead

FHFA's Official Report on Q2 Mortgage Relief Numbers

New Home Sales Crush Forecasts, Soaring to 14-Year Highs

Serious Delinquencies Grow, but Fewer Overall Missed Payments...

View All

Other Top Headlines

Stellar Housing Data; Rates Inching Lower

MBS Day Ahead: Treasuries, MBS Back on Same Page After 2 Weeks...

Sales and Ops Jobs; Marketing and Credit Products; Cybercrime...

MBS RECAP: MBS Outperform; Bonds Stay Defiantly Sideways Overall

MBS Day Ahead: Where Would We Be Without Stocks?

Latest Video

Forbearances Ending at a Faster Pace; Rates Drift Lower; Refi Market Still Hot

Published: 9/25/2020

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

Builder Confidence at All-Time High

Comments (0)

Read More

by Jann Swanson on September 16 2020, 10:22 AM

The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) set a new high this month, breaking a record that it set only 30 days earlier. The Index, a measure of builder confidence in the new home market, rose 5 points to...
Latest Mortgage App Volume Down Over Holiday-Shortened Week

Comments (0)

Read More

by Jann Swanson on September 16 2020, 8:05 AM

The Mortgage Bankers Association (MBA) reports that mortgage applications declined during the week ending September 11, 2020. The week's results include an adjustment for the Labor Day holiday. MBA's Market Composite Index, a measure of all mortgage loan...
Lenders Upbeat About Profits, Loan Demand

Comments (0)

Read More

by Jann Swanson on September 14 2020, 1:06 PM

Mortgage lenders had an excellent second quarter in terms of profitability according to the Mortgage Bankers Association, and Fannie Mae's Lender Sentiment Survey for the third quarter indicates they expect that situation to continue. Forty-eight percent...
Pandemic Pushing Gen Z and Millennials to Move Back Home

Comments (0)

Read More

by Jann Swanson on September 14 2020, 8:24 AM

It was a phenomenon 12 years ago that ended with a huge decline in homeownership among Millennials, and now it is happening, for the same reason to Gen Zas a huge surge in unemployment sends young adults home to live with their parents. The root cause...
Almost 20 Million Homeowners are Prime Refi Candidates

Comments (0)

Read More

by Jann Swanson on September 11 2020, 11:16 AM

Freddie Mac's Mortgage Market Survey published yesterday reported a 7-basis point decline in the 30-year mortgage rate over the previous week and reported that the resulting rate, 2.86 percent, was a new record low. Black Knight reports that this new...
Weekly Forbearance Totals Decline

Comments (0)

Read More

by Jann Swanson on September 11 2020, 10:00 AM

The number of loans in forbearance continued to dwindle over the last week, with almost 66,000 fewer homeowners in plans. Over the last 30 days the decline has totaled 238,000 or 6.0 percent. Black Knight says that, as of September 8, about 3.7 million...
MBA Says Credit Supply Lowest in Six Years

Comments (0)

Read More

by Jann Swanson on September 10 2020, 11:49 AM

The Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) continued to drop in August, an indication that lending standards are tightening. The index fell by 4.7 percent to 120.9 in August. In January, before interest rates...
Consumers More Upbeat on Buying and Selling Despite Lower Price Expectations

Comments (0)

Read More

by Jann Swanson on September 09 2020, 12:39 PM

Fannie Mae says its Home Purchase Sentiment Index (HPSI) which, before a slight setback in July, had been rebounding strongly from its April COVID-19 related plunge, got back on track last month. The August index, based on responses to six questions in...
Loan Originators Posted Record Profits in Q2

Comments (0)

Read More

by Jann Swanson on September 09 2020, 9:50 AM

While servicing income was down, independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks had a very profitable second quarter. They reported an average net gain of $4,548 on each loan they originated, up from a reported gain of...
Mortgage Volume Bounced Back With Last Week's Lower Rates

Comments (0)

Read More

by Jann Swanson on September 09 2020, 8:11 AM

The volume of mortgage applications reversed direction last week, pulling out a small gain after three straight weeks of declines. The Mortgage Bankers Association's (MBA's) Weekly Mortgage Applications Survey for the week ending September 4, was up 2...
Q2 Saw Highest Origination Volume in History, Q3 Might be Even Better

Comments (0)

Read More

by Jann Swanson on September 08 2020, 9:16 AM

The second quarter of this year was a miserable on many levels, but mortgage origination volume was not one of them. Black Knight's current Mortgage Monitor reports that the second quarter saw the largest quarterly origination volume since the company...
Delinquency Rate Could Double Without More Federal Support

Comments (0)

Read More

by Jann Swanson on September 08 2020, 7:17 AM

Mortgage delinquencies spiked in June and the serious delinquency rate, loans 90 or more days past due but not in foreclosure, reached its highest level in more than five years. CoreLogic in its monthly loan performance report, said 7.1 percent of all...
CFPB Goes After 6 VA Lenders for Shady Practices

Comments (3)

Read More

by Jann Swanson on September 02 2020, 11:35 AM

The Consumer Financial Protection Bureau (CFPB) has been on a two-month enforcement tear aimed at mortgage lenders employing deceptive practices in the VA mortgage lending area. The Bureau has issued consent orders against six companies since late July...
Forbearances Decrease by 4%

Comments (0)

Read More

by Jann Swanson on September 04 2020, 8:42 AM

The number of homeowners with mortgages in COVID-19 related forbearance plans dropped during the week ended September 1 after several weeks when there was little change. Black Knight said its weekly survey found 147,000 fewer borrowers in plans than the...
Mortgage Applications Decline for Third Week

Comments (0)

Read More

by Jann Swanson on September 02 2020, 7:19 AM

Mortgage applications, both for home purchase and refinancing, declined for the third straight time during the week ended August 28. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of loan application volume, lost 2.0...

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

More From MND