Tue, May 11 2021, 10:42 AM
Mortgage delinquency rates ticked up slightly in February, the first increase since August 2020 . CoreLogic said the national delinquency rate at the ...
Mon, May 10 2021, 11:34 AM
Fannie Mae has conducted the National Housing Survey every month since 2011. Among its most prominent questions are those relating to home buying and ...
Mon, May 10 2021, 11:28 AM
The Mortgage Bankers Association (MBA) reports that the percentage of non-current mortgages dropped by 35 basis points (bps) in the first quarter of 2...
Fri, May 7 2021, 11:37 AM
In a recent post on the National Association of Home Builder's (NAHB's) Eye on Housing blog, chief economist Paul Emrath said rising softwood lumber p...
Fri, May 7 2021, 10:15 AM
There was a sharp decline in the number of loans in forbearance during the week ended May 4. Black Knight says this has come to be the norm during the...
Thu, May 6 2021, 10:47 AM
Fannie Mae and Freddie Mac (the GSEs) have provided details for their streamlined refinance programs that were originally announced by the Federal Hou...
Thu, May 6 2021, 10:44 AM
Another home price index shows double digit annual price increases, this time for March, and the CoreLogic HPI also has the highest month-over-month g...
Wed, May 5 2021, 10:52 AM
The Consumer Financial Protection Bureau (CFPB) says the overall mortgage related complaints it has received recently are at their highest level in th...
Wed, May 5 2021, 8:16 AM
Mortgage application volume lost ground again last week, although the decline was small and refinancing volume pulled out a sliver of a gain. The Mort...
Tue, May 4 2021, 4:56 PM
The GSEs Fannie Mae and Freddie Mac have been given orders to develop so-called living wills. Such wills are credible resolution plans that outline ho...
Tue, May 4 2021, 4:54 PM
Nationwide spending on construction edged up fractionally in March, but the big story was the annual gain in residential construction spending, especi...
Mon, May 3 2021, 12:42 PM
Black Knight's "first look" at March loan performance data explored the somewhat traditional dip in delinquencies each March due to calendar events li...
Mon, May 3 2021, 12:18 PM
Both Fannie Mae and Freddie Mac reported improved income during the first quarter of 2021. Fannie Mae said its net income increased from $4.57 billion...
Fri, Apr 30 2021, 10:55 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 27.2 percent in March compared to a 17.7 percent g...
Fri, Apr 30 2021, 10:53 AM
The number of loans in forbearance rose over the past week, driven by increases in those held in bank portfolios and private label securities (PLS). B...
Thu, Apr 29 2021, 10:55 AM
While the degree to which is happened was somewhat disappointing, pending home sales did snap out of a two-month slump in March . The National Associa...
Thu, Apr 29 2021, 10:39 AM
There has been a significant reduction mortgage processing times since the first of the year according to ICE Mortgage Technology. Its Origination Ins...
Wed, Apr 28 2021, 12:05 PM
Earlier this month the Urban Institute pointed out that the unprecedented low interest rates of the pandemic era have not benefitted everyone. Their r...
Wed, Apr 28 2021, 10:57 AM
Lenders will have more than an additional year to comply with the General Qualified Mortgage (QM) Rule . The Consumer Financial Protection Bureau (CFP...
Wed, Apr 28 2021, 8:42 AM
The national homeownership rate moved fractionally higher in the first quarter of 2021 when compared to the same quarter in 2020 but was lower than in...
Wed, Apr 28 2021, 8:27 AM
The solid 8.6 percent increase in mortgage application volume during the week ended April 16, only the fourth gain thus far in 2021, was short lived. ...
Tue, Apr 27 2021, 11:34 AM
A month after interest rates began to rise, neither the S&P CoreLogic Case-Shiller indices nor that from the Federal Housing Finance Agency (FHFA) fou...
Fri, Apr 23 2021, 12:09 PM
New home sales reversed direction in March, fully recovering from the 18.2 percent nosedive those sales took in February. The Census Bureau said sales...
Fri, Apr 23 2021, 10:33 AM
The Mortgage Bankers Association (MBA) is predicting a banner year for purchase mortgage originations. The Association's chief economist and senior vi...
Fri, Apr 23 2021, 10:32 AM
Existing home sales declined for the second straight month in March. The National Association of Realtors® (NAR) said single-family homes, townhomes, ...
Thu, Apr 22 2021, 10:48 AM
For months, the National Association of Home Builders (NAHB) has been citing lumber prices as one of the headwinds faced by new home builders as they ...
Thu, Apr 22 2021, 10:44 AM
Black Knight's "first look" at loan performance data in March brought back memories of an old TV ad, "Is it real or is it Memorex?" The company said t...
Wed, Apr 21 2021, 9:45 AM
Mortgage application volume broke out of a six-week slump in a big way during the week ended April 16. The Mortgage Bankers Association said its Marke...
Tue, Apr 20 2021, 10:53 AM
The Urban Institute (UI) is advocating for a streamlined refinancing program similar to the Home Affordable Refinance Program (HARP) which aided many ...
Mon, Apr 19 2021, 12:30 PM
Incoming data for March has caused Fannie Mae to again revise its forecast for the year's growth in gross domestic product (GDP). The company's Econom...
Mon, Apr 19 2021, 11:32 AM
The House Committee on Financial Services (FSC) held a virtual hearing last week on ways to provide equitable and affordable housing infrastructure. T...
Fri, Apr 16 2021, 11:34 AM
Residential construction recovered in March after a serious decline the prior month. The U.S. Census Bureau and Department of Housing and Urban Develo...
Fri, Apr 16 2021, 11:16 AM
True to tradition, new home sales appear to have moved higher in March as the calendar closed in on the start of the spring market. The Mortgage Banke...
Thu, Apr 15 2021, 11:22 AM
New home builders seem to be slowly getting their mojo back. After recovering from the hit they took in the first days of the pandemic, they encounter...
Wed, Apr 14 2021, 1:39 PM
Freddie Mac's Economic and Housing Research Group finds a lot to like in the present economic environment. . The company's quarterly forecast credits ...
Wed, Apr 14 2021, 1:05 PM
Black Knight has launched a new monthly report covering mortgage origination activity as gathered through its Optimal Blue loan product and pricing en...
Tue, Apr 13 2021, 2:56 PM
While most of us couldn't wait for 2020 to be over, it turns out to have been a superlative year for mortgage originators. The Mortgage Bankers Associ...
Tue, Apr 13 2021, 11:08 AM
The national delinquency rate posted its fifth consecutive decline in January, retreating to the lowest level since the start of the pandemic. CoreLog...
Mon, Apr 12 2021, 10:41 AM
Both Fannie Mae and Freddie Mac (the GSEs) have released information to their lenders confirming that any loans they purchase after July 1, 2021 must ...
Fri, Apr 9 2021, 10:47 AM
American home owners received bills for $323 billion in property taxes last year, a 5.4 percent increase from $306.4 billion in 2019. ATTOM Data Solut...
Fri, Apr 9 2021, 10:45 AM
Black Knight reports that the number of loans in forbearance programs declined last week for the sixth straight time and it was the largest drop in si...
Thu, Apr 8 2021, 11:15 AM
Non-government lenders continue to return to mortgage lending after fleeing at the start of the pandemic. The Mortgage Bankers Association (MBA) says ...
Wed, Apr 7 2021, 2:22 PM
Consumer attitudes perked up in March, sending the Fannie Mae Home Purchase Sentiment Index (HPSI) up 5.2 points compared to February. The company sai...
Wed, Apr 7 2021, 12:08 PM
After years of gains in educational attainment, employment, and wages, women have increased their rates of both homeownership and headship (the number...
Wed, Apr 7 2021, 8:43 AM
Mortgage application volume declined for the fifth straight week during the period ending April 2, and by the largest amount over that period. The Mor...
Tue, Apr 6 2021, 11:04 AM
Does staging really work? That was among the home buying and selling topics covered in a new survey from the National Association of Realtors® (NAR) a...
Tue, Apr 6 2021, 11:00 AM
Fannie Mae says results from its fourth quarter 2020 National Housing Survey show that consumers continue to view homeownership as a good investment. ...
Tue, Apr 6 2021, 10:46 AM
CoreLogic's February Home Price Index (HPI) essentially echoed that the price report last week from Black Knight. The company said that its index reco...
Mon, Apr 5 2021, 1:21 PM
Stories of rising home prices are no longer breaking news, but still, they are pretty remarkable. Black Knight, in its latest Mortgage Monitor , says ...
Fri, Apr 2 2021, 11:25 AM
Construction spending, public and private, was at a seasonally adjusted annual rate of $1.517 trillion in February. The U.S. Census Bureau said this w...
