Fri, Oct 16 2020, 10:30 AM
Last week Black Knight reported that the beginning of October saw a decline in the number of active forbearance plans of 649,000 or 18 percent as many...
Fri, Oct 16 2020, 9:40 AM
The pandemic is endangering the credit histories of at least 30 million Americans and possibly threatening the shelter status of many of them. The Mor...
Thu, Oct 15 2020, 12:09 PM
Although the housing market continues to show strength, Freddie Mac economists say there are increasingly troubling signs in the larger economy. The t...
Wed, Oct 14 2020, 9:34 AM
The volume of mortgage applications dipped slightly last week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of th...
Tue, Oct 13 2020, 1:08 PM
Mortgage delinquencies continued to rise in July according to CoreLogic's new loan performance report. The company found that 6.6 percent of all mortg...
Tue, Oct 13 2020, 1:04 PM
California is taking steps to avoid a repeat of the conversion of thousands of single-family homes from ownership to rental properties as occurred dur...
Tue, Oct 13 2020, 8:54 AM
Robert Dietz says you can count him as among those who believe the geography of housing demand is being changed by the pandemic and the resulting rece...
Tue, Oct 13 2020, 8:48 AM
Mortgage credit tightened again in September, reaching a second successive six-year low. The Mortgage Bankers Association (MBA) said its Mortgage Cred...
Fri, Oct 9 2020, 10:05 AM
The number of forbearance plans plunged last week as those that went into effect in the early days of the pandemic hit the end of their initial six-mo...
Thu, Oct 8 2020, 9:59 AM
Fannie Mae's Home Purchase Sentiment Index (HPSI) continued to rebound from its spring slide , rising for the second straight month. The HPSI, based o...
Wed, Oct 7 2020, 8:41 AM
The Mortgage Bankers Association (MBA) said the volume of purchase mortgage applications declined for a second week but refinancing more than recovere...
Tue, Oct 6 2020, 11:24 AM
The Urban Institute (UI) estimates that there are about 400,000 homeowners who have become "needlessly delinquent" as a result of the COVID-19 pandemi...
Tue, Oct 6 2020, 10:22 AM
Entry-level priced homes, which continue to be in short supply, are, helping to drive strong price gains. CoreLogic says home prices nationwide, inclu...
Mon, Oct 5 2020, 9:26 AM
While overall mortgage delinquencies declined by 0.03 percent from July to August, Black Knight's newest Mortgage Monitor reveals some disquieting inf...
Fri, Oct 2 2020, 11:31 AM
The TRID Rule has been in effect for exactly 5 years (October 3, 2015) and the Consumer Financial Protection Bureau (CFPB) has published an assessment...
Fri, Oct 2 2020, 9:40 AM
The number of active COVID-19 related forbearance plans grew over the past week according to Black Knight's most recent survey on the subject. The num...
Thu, Oct 1 2020, 11:22 AM
Construction spending expanded again , with residential construction among the healthier sectors. The U.S. Census Bureau put total August public and p...
Wed, Sep 30 2020, 10:04 AM
Contracts for existing home purchases rose for the fourth straight month in August and more than doubled the increase expected by most analysts. The N...
Wed, Sep 30 2020, 8:34 AM
Mortgage application volume has fallen into an up and down pattern over the last few weeks and last week went to the negative side. The Mortgage Banke...
Tue, Sep 29 2020, 11:35 AM
The growth of home prices nationally continued to accelerate in July according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. T...
Mon, Sep 28 2020, 11:56 AM
Non-conventional lending enjoyed a substantial increase in its share of the market for financing new home purchases in 2019. The National Association ...
Fri, Sep 25 2020, 10:55 AM
Black Knight said its weekly forbearance survey found the number of mortgages in active forbearance decreasing at an accelerated rate. Those mortgages...
Fri, Sep 25 2020, 9:44 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 27.7 percent in August compared to a 20.0 percent ...
Fri, Sep 25 2020, 9:37 AM
In its 2 nd quarter Foreclosure Prevention and Refinance Report the Federal Housing Finance Agency (FHFA) says it has helped almost 4.7 million distre...
Thu, Sep 24 2020, 11:54 AM
Once again new home sales exceeded expectations, this time by a lot. Sales of newly built homes rose 4.8 percent in August, to a seasonally adjusted a...
Thu, Sep 24 2020, 9:13 AM
As the COVID-19 crisis dragged into its sixth month in August the total number of mortgage delinquencies continued to ebb, but the rate of decline app...
Wed, Sep 23 2020, 3:56 PM
Mark Calabria, Director of the Federal Housing Finance Agency (FHFA) is stepping up his agency's actions to spring Fannie Mae and Freddie Mac (the GSE...
Wed, Sep 23 2020, 3:53 PM
Home prices rose another 1.0 percent in July, bringing the year-over-year gain to 6.5 percent according to the House Price Index (HPI) produced by the...
Wed, Sep 23 2020, 9:35 AM
Mortgage application activity rebounded last week from the previous week's Labor Day holiday lull. The Mortgage Bankers Association's (MBA's) Market C...
Tue, Sep 22 2020, 11:26 AM
Existing home sales continued on a roll for the third consecutive month, hitting the highest level in August since December 2006. The National Associa...
Tue, Sep 22 2020, 10:24 AM
There was another big surge in the amount of equity on the balance sheets of American homeowners in the second quarter of this year. CoreLogic reports...
Mon, Sep 21 2020, 11:31 AM
Fannie Mae has upgraded its forecast for the third quarter gross domestic product (GDP). It now expects growth at an annualized pace of 30.4 percent ,...
Fri, Sep 18 2020, 12:40 PM
One out of every 15 home sales in the second quarter of the year were defined as "flips" by ATTOM Data Solutions. A flip is any arms-length transactio...
Fri, Sep 18 2020, 12:37 PM
There was a fourth straight decline in the number of mortgage loans in forbearance during the week ended September 15. Black Knight says the total dro...
Fri, Sep 18 2020, 12:30 PM
The refinance share of loans originated in August rebounded slightly from July levels as interest rates fell to the lowest in Ellie Mae's history. The...
Thu, Sep 17 2020, 11:46 AM
Residential construction activity took a breather in August. The U.S. Census Bureau and the Department of Housing and Urban Development reported this ...
Wed, Sep 16 2020, 4:22 PM
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 ...
Wed, Sep 16 2020, 8:33 AM
The Mortgage Bankers Association (MBA) reports that mortgage applications declined during the week ending September 11, 2020. The week's results inclu...
Mon, Sep 14 2020, 2:01 PM
Mortgage lenders had an excellent second quarter in terms of profitability according to the Mortgage Bankers Association, and Fannie Mae's Lender Sent...
Mon, Sep 14 2020, 9:15 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 Ge...
Fri, Sep 11 2020, 1:12 PM
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 repo...
Fri, Sep 11 2020, 11:02 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 de...
Fri, Sep 11 2020, 8:15 AM
The Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) continued to drop in August, an indication that lending standards...
Thu, Sep 10 2020, 8:22 AM
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 ...
Wed, Sep 9 2020, 10:15 AM
While servicing income was down, independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks had a very profitable second quarter. ...
Wed, Sep 9 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 Banker...
Tue, Sep 8 2020, 11:58 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 M...
Tue, Sep 8 2020, 8:19 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 lev...
Fri, Sep 4 2020, 9:34 AM
The Consumer Financial Protection Bureau (CFPB) has been on a two-month enforcement tear aimed at mortgage lenders employing deceptive practices in th...
Fri, Sep 4 2020, 9:22 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...
