Wed, May 3 2017, 9:03 AM
Mortgage application volume decreased for the second consecutive week as the growing pool of purchase mortgage applications just missed covering the g...
Wed, May 3 2017, 8:57 AM
Bond markets are beginning the day in slightly weaker territory after as-expected ADP Employment data and the Treasury Department commented on the p...
Wed, May 3 2017, 5:12 PM
Today's Fed announcement turned out to be a dud . It's getting headline treatment here based solely on street cred. In and of itself, it could scar...
Wed, May 3 2017, 4:38 PM
Mortgage rates ended the day relatively close to ' unchanged ,' depending on the lender. That's somewhat surprising considering the presence of severa...
Wed, May 3 2017, 2:02 PM
(Additions underlined, deletions struck through)
Information received since the Federal Open Market Committee met in February March indicates tha...
Tue, May 2 2017, 10:57 AM
Home prices measured by CoreLogic's Home Price Index (HPI) posted their largest gains in nearly a year in March, continuing to confound the company's ...
Tue, May 2 2017, 10:54 AM
Down but not out. It ain't over 'til its over... All available clichés may apply to Ocwen Financial Corporation. At least the corporation hopes so. Th...
Tue, May 2 2017, 10:50 AM
In the second quarter of last year the homeownership rate hit its lowest level in U.S. Census Bureau reports going back 20 years, 62.9 percent. This c...
Tue, May 2 2017, 10:06 AM
The Supreme Court ruled on Monday, in Bank of America Corp. v City of Miami , that cities can bring suits alleging discrimination under the Fair Housi...
Tue, May 2 2017, 9:55 AM
Overheard yesterday here at the National Secondary Conference: “She is not the brightest crayon in the box.” Funny. But there are plenty of “bright cr...
Tue, May 2 2017, 9:28 AM
The relationship between stocks and bonds is difficult to speak about intelligently, unless you're prepared to define it in different ways depending o...
Tue, May 2 2017, 4:17 PM
The trading week has been relatively inconsequential so far. That's the best explanation for today's bond market gains. Sure, there are a few anec...
Tue, May 2 2017, 3:35 PM
Mortgage rates fell modestly today, but remained well inside the narrow range that's been intact for more than a week. For most lenders, that means co...
Mon, May 1 2017, 9:27 AM
Do you think the regulatory environment in residential lending is tough to navigate? Just think about who is going to regulate flying cars? Dust off t...
Mon, May 1 2017, 9:27 AM
It's an action-packed week for global financial markets, with several major motivations to consider. First and foremost, this is the first day of a n...
Mon, May 1 2017, 5:53 PM
Mortgage rates were unchanged to slightly higher today, keeping them in line with the previous 4 business days. This 5-day block stands out from the p...
Mon, May 1 2017, 2:13 PM
It wouldn't be surprising to find both lenders and consumers suffering from whiplash following the first quarter of 2017. Mortgage rates, which shifte...
Mon, May 1 2017, 1:19 PM
Construction spending dipped slightly in March, although privately funded spending held its ground and residential construction activity was at a high...
Fri, Apr 28 2017, 11:32 AM
Here we go again? Sam Khater, CoreLogic's deputy chief economist, says loan performance is beginning to show some cracks in what has been a near perfe...
Fri, Apr 28 2017, 11:29 AM
The share of sales that are all-cash continues at an elevated level. CoreLogic reports cash transactions accounted for 36.5 percent of all home sales ...
Fri, Apr 28 2017, 10:31 AM
Bond markets are very much on a fence at the moment with respect to short and intermediate trends. There are a few ways we can measure this fence-sit...
Fri, Apr 28 2017, 9:17 AM
For 2015, retail originators averaged total compensation of $88,415 versus $80,376 for Consumer Direct originators, per a STRATMOR Insights report on ...
Fri, Apr 28 2017, 7:18 PM
Bond markets began the day in slightly weaker territory, with Treasuries following European yields higher in the overnight session. Domestic hours br...
Fri, Apr 28 2017, 2:41 PM
Mortgage rates were unchanged today, holding onto modest improvements seen yesterday. In many ways, the past 2 days have confirmed that rates are in l...
Thu, Apr 27 2017, 10:28 AM
Is there mostly good news in the negative number for March pending home sales? The National Association of Realtors says yes. The NAR's Pending Home S...
Thu, Apr 27 2017, 10:20 AM
In a recent survey, 97% of millennials said that they were tired of being surveyed. Seriously, well that probably is seriously, according to a new Tra...
Thu, Apr 27 2017, 9:06 AM
Another day, another chance for bond markets to assess whether they should re-enter the previous 2017 range (or "post-election" range). This is marke...
Thu, Apr 27 2017, 6:20 PM
Bond markets have a question. Will we or won't we be heading back into the sideways, post-election rate range? for top tier mortgage rates, the ra...
Thu, Apr 27 2017, 5:24 PM
Mortgage rates moved lower today, following a policy announcement from the European Central Bank (ECB). Some investors were concerned the ECB might be...
Wed, Apr 26 2017, 10:04 AM
Mortgage application volume rose during the week ended April 21, solely from a significant increase in refinancing. The Mortgage Bankers Association (...
Wed, Apr 26 2017, 9:48 AM
The order of the day and week for domestic bond markets has been and will continue to be the break out from the recently friendly trend toward lower r...
Wed, Apr 26 2017, 8:44 AM
How about this quote from the tech world? “If you're not paying for the product, you are the product.” If you don't want companies to collect and sell...
Wed, Apr 26 2017, 5:15 PM
Last week, with considerable fanfare , the Mortgage Bankers Association released its plan for reforming the housing finance system, including a resolu...
Wed, Apr 26 2017, 5:14 PM
Today's main event was the release of the Trump administration's new tax plan. Markets didn't go overboard in their expectations of major revelatio...
Wed, Apr 26 2017, 5:14 PM
Although it features a rather shameless pitch to play a major role in a reorganized National Flood Insurance Program (NFIP), CoreLogic has published, ...
Wed, Apr 26 2017, 3:59 PM
Mortgage rates were relatively unchanged today, but only after averaging the disparate changes from various lenders. That means some lenders are in mu...
Tue, Apr 25 2017, 10:33 AM
New home sales jumped higher in March, posting their third consecutive gain. Sales of newly constructed single-family homes were at a seasonally adjus...
Tue, Apr 25 2017, 9:26 AM
Both of the major price indices released this morning showed continued growth in home price appreciation. The S&P CoreLogic Case-Shiller National Home...
Tue, Apr 25 2017, 9:23 AM
How much do the CEOs of builders make? Turns out they make some decent gravy , certainly good news for them. In other good news, this time for WF, the...
Tue, Apr 25 2017, 9:14 AM
For the past 5+ months, any discussion of "the gap" among bond traders could have only referred to the 2.15-2.17 gap created on Veterans Day weekend...
Tue, Apr 25 2017, 4:56 PM
With a 2nd day of fairly strong selling pressure in bond markets, the recent trend toward lower rates has been forcefully called into question. ...
Tue, Apr 25 2017, 4:21 PM
Mortgage rates moved moderately higher again higher today, as global financial markets continued reacting to recent geopolitical flashpoints (like the...
Tue, Apr 25 2017, 2:16 PM
At $1.4 trillion, student loan debt represents the U.S.'s second largest debt market behind mortgages and, in several recent surveys, younger responde...
Mon, Apr 24 2017, 10:51 AM
Home prices in February rose at their fastest pace since last June, up 0.8 percent on a month-over-month basis. Black Knight Financial Services said i...
Mon, Apr 24 2017, 10:04 AM
Americans could be approaching new levels when it comes to mortgage loan performance. Black Knight Financial Services says, in its "first look" at Mar...
Mon, Apr 24 2017, 9:55 AM
Nature always bats last. Just ask singer Paul Simon who is moving his New York cottage away from the eroding ocean. Thinking about things like "oceans...
Mon, Apr 24 2017, 9:09 AM
For bond markets, most of 2017 has been dominated by the "post-election range" (or "the 2017 range," if you prefer) consisting of 10yr yields betwee...
Mon, Apr 24 2017, 5:33 PM
Heading into the French election at the end of last week, we knew that Le Pen (the candidate who likely would have helped the bond rally continue) pro...
Mon, Apr 24 2017, 5:07 PM
Mortgage rates moved moderately higher today, and most of the blame goes to the presidential election in France. If you're wondering what European pol...
Fri, Apr 21 2017, 10:32 AM
The share of purchase loans originated in March climbed to 63 percent of all originations from 57 percent in February. Ellie Mae's Origination Insight...
