Fri, Aug 20 2021, 1:42 PM
Fannie Mae's economists provided a mixed forecast this month. The baseline view of the company's Economic and Strategic Research (ESR) group is for th...
Fri, Aug 20 2021, 1:39 PM
The federal foreclosure moratoria expired at the end of July and, with some 1.45 million borrowers seriously delinquent on their mortgages but not in ...
Thu, Aug 19 2021, 5:25 PM
It seemed like a simple solution for expanding the credit profile of many first-time homebuyers, but Fannie Mae's new plan to utilize rent payment his...
Thu, Aug 19 2021, 5:20 PM
The July report on residential construction from the U.S. Census Bureau and Department of Housing and Urban Development shows that permits increased d...
Wed, Aug 18 2021, 8:09 AM
Mortgage application volume was lower over the last week, continuing the up-one-week, down-the-next pattern it has displayed since late June. The Mort...
Tue, Aug 17 2021, 3:34 PM
Mortgage applications for the purchase of newly built homes fell sharply in July, but the Mortgage Bankers Association (MBA) said it expects new home ...
Tue, Aug 17 2021, 12:36 PM
Fears about construction costs, supply shortages, and concern over fast rising home prices acted to deflate builder confidence this month. The Nationa...
Tue, Aug 17 2021, 12:32 PM
While home prices have been posting record increases for months, it appears that rents are trying to keep up. CoreLogic says the connection is clear. ...
Fri, Aug 13 2021, 11:16 AM
The number of loans in forbearance dropped by 83,000 over the last week. This is on top of a 71,000 loan reduction during the first few days of August...
Fri, Aug 13 2021, 11:16 AM
Even though lumber prices have recently declined, the National Association of Home Builders (NAHB) says builders are facing some of the fastest increa...
Fri, Aug 13 2021, 11:09 AM
All but one of the 183 metropolitan housing markets tracked by the National Realtors Association® (NAR) posted annual price increases in the second qu...
Fri, Aug 13 2021, 11:06 AM
It has been under discussion for what seems like forever, but Fannie Mae will begin to recognize non-reported types of credit performance in qualifyin...
Thu, Aug 12 2021, 10:45 AM
Mortgage credit access rose slightly in July but remains in the nether regions to which it dropped last fall in the wake of the pandemic. The Mortgage...
Wed, Aug 11 2021, 10:40 AM
The Mortgage Bankers Association's (MBA) said its Market Composite Index, a measure of mortgage loan application volume, rose 2.8 percent on a seasona...
Tue, Aug 10 2021, 3:32 PM
Purchase loans finally regained the catbird seat in June, edging out the share of refinance loans by 3 percentage points . ICE Mortgage Technology rep...
Tue, Aug 10 2021, 10:51 AM
While the national delinquency rate has not returned to the 3.5 percent rate it had reached before the onset of the pandemic, CoreLogic says the perce...
Mon, Aug 9 2021, 2:50 PM
Consumer sentiment about buying a house fell even further into negative territory in July. Fannie Mae said that only 28 percent of respondents to its ...
Fri, Aug 6 2021, 12:38 PM
Thanks to rising home prices. hardly any homeowners find themselves underwater on their mortgages and the few that do are concentrated in a few cities...
Thu, Aug 5 2021, 4:47 PM
Freddie Mae has announced a new single-close mortgage product that will allow homeowners to finance the cost of small scale renovations. The CHOICERen...
Wed, Aug 4 2021, 4:17 PM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 12.9 percent in June compared to an 8.6 percent ga...
Wed, Aug 4 2021, 10:46 AM
Despite newly lower interest rates, mortgage applications were lower during the week ended July 30. The Mortgage Bankers Association (MBA) said its Ma...
Tue, Aug 3 2021, 5:43 PM
Each of the GSEs have posted strong financial results for the second quarter of 2021. Both Freddie Mac and Fannie Mae more than doubled their net inco...
Tue, Aug 3 2021, 5:41 PM
The prognosticators keep prognosticating, but their prognostications don't happen. Home price appreciation shows no sign of slowing down. CoreLogic sa...
Mon, Aug 2 2021, 1:41 PM
In its latest Mortgage Monitor, Black Knight analyzes the impact the elimination of the 50 basis point adverse market fee from the cost of Fannie Mae ...
Mon, Aug 2 2021, 1:27 PM
June was yet another month when the only bright spot in the U.S. Census Bureau's construction spending report was provided by the residential sector. ...
Mon, Aug 2 2021, 1:25 PM
With the federal moratorium on evictions expiring on July 31, it is becoming apparent that there is a real housing crisis looming. Not one like we saw...
Mon, Aug 2 2021, 1:24 PM
The number of active forbearance plans jumped higher this week , increasing by a net of 31,000 loans. Black Knight says that, as of July 27, there wer...
Thu, Jul 29 2021, 11:27 AM
The Board of Directors of the Conference of State Bank Supervisors (CSBS) has released model state regulatory prudential standards for nonbank mortgag...
Thu, Jul 29 2021, 11:24 AM
Pending home sales fell back slightly in June after a notable and unexpected 8.0 percent gain in May. The National Association of Realtors® (NAR) said...
Wed, Jul 28 2021, 11:07 AM
Refinancing continues to support mortgage application activity while purchase applications continued to weaken during the week ended July 23. The Mort...
Tue, Jul 27 2021, 1:01 PM
The U.S. Census Bureau says the nation's Homeownership Rate was at 65.4 percent in the second quarter of 2021. This is down from both the previous qua...
Tue, Jul 27 2021, 12:57 PM
May set yet more records for price increases. Both the S&P CoreLogic Case-Shiller U.S. National Home Price Index and the Federal Housing Finance Agenc...
Mon, Jul 26 2021, 2:58 PM
The National Association of Realtors® (NAR) reports that there was a fourth consecutive year-over-year decline in the rate of investment in U.S. real ...
Mon, Jul 26 2021, 12:42 PM
In May, the U.S. Census Bureau and Department of Housing and Urban Development reported that the seasonally adjusted annual sales of newly constructed...
Mon, Jul 26 2021, 12:37 PM
With the federal moratorium on mortgage foreclosures nearing an end, the White House has announced a series of steps to help homeowners who have suffe...
Mon, Jul 26 2021, 12:32 PM
In the wake of a near 200,000 drop in the number of loans in forbearance earlier in July, changes over the last two weeks have been modest. Black Knig...
Thu, Jul 22 2021, 3:12 PM
The national delinquency rate dropped by 7.62 percent in June and is now 42.39 percent below its rate at the worst of the pandemic. Black Knight, in i...
Thu, Jul 22 2021, 11:52 AM
Existing home sales snapped a four-month losing streak in June. Sales of pre-owned single-family houses, townhouses, condominiums, and cooperative apa...
Wed, Jul 21 2021, 10:02 AM
After a strong showing during the week ended July 9, mortgage application volume pulled back. The Mortgage Bankers Association's (MBA) Market Composit...
Tue, Jul 20 2021, 3:29 PM
The Mortgage Bankers Association is projecting a sizeable decline in new home sales occurred last month as applications for their purchase declined 3 ...
Tue, Jul 20 2021, 3:28 PM
Housing starts posted a second straight increase in June while permits continued what has become a long, slow, slide. The U.S. Census Bureau and the D...
Tue, Jul 20 2021, 8:10 AM
Like most recent economic forecasts, that one from Fannie Mae's Economic and Strategic Research (ESR) group for July continues to project a pull-back ...
Mon, Jul 19 2021, 11:30 AM
Strong buyer demand appears to be offsetting concerns about labor shortages and rising prices , keeping builder confidence near historic highs the Nat...
Fri, Jul 16 2021, 2:19 PM
It is nice to end the week with good news, so here it is: The Federal Housing Finance Agency (FHFA) just announced it is eliminating the Adverse Marke...
Fri, Jul 16 2021, 12:48 PM
The rapid run up in house prices may be starting to exhaust potential homebuyers according to the quarterly forecast from Freddie Mac's Economic and H...
Fri, Jul 16 2021, 12:45 PM
A set of special questions on a Q1 National Housing Survey asked consumers, who were also recent homebuyers, about their experiences obtaining a mortg...
Wed, Jul 14 2021, 8:44 AM
Mortgage application volume during the week ended July 9 featured the largest weekly increase since the first full week of 2021. The Mortgage Bankers ...
Tue, Jul 13 2021, 11:48 AM
The share of mortgages originated for home purchases hit its highest level since February of 2020 in May. ICE Mortgage Technology's Origination Insigh...
Mon, Jul 12 2021, 11:41 AM
There was, as expected, a huge improvement in the number of forbearance plans during the week ended July 6. Black Knight reports that the number of ho...
Thu, Jul 8 2021, 11:38 AM
Fannie Mae said "Consumers are increasingly adamant that it's a good time to sell, bad time to buy a home" as it released its June Home Purchase Senti...
