Wed, Feb 17 2021, 8:15 AM
The volume of mortgage applications declined again last week, the fourth loss out of the six full weeks since the year began . The Mortgage Bankers As...
Tue, Feb 16 2021, 9:31 AM
The quarterly Housing Trends Survey conducted by the National Association of Homebuilders found that 69 percent of those actively seeking to buy a hom...
Thu, Feb 11 2021, 11:52 AM
Fannie Mae will implement a new version of its Desktop Underwriter (DU) after the weekend of March 13 . Version 11.0 apply to loan casefiles submitted...
Thu, Feb 11 2021, 10:42 AM
Most of the accommodations that have been allowed lenders and borrowers by the Federal Housing Finance Agency (FHFA) due to the COVID-19 pandemic were...
Thu, Feb 11 2021, 10:35 AM
A high percentage of those who told the National Association of Home Builders (NAHB) late last year that they were thinking of buying a home have now ...
Tue, Feb 9 2021, 11:35 AM
Access to mortgage credit increased again in January. The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability Index (MCAI) rose 2...
Tue, Feb 9 2021, 11:27 AM
Mortgage delinquencies are continuing a slow retreat into pre-pandemic territory. CoreLogic's Loan Performance Report for November put the percentage ...
Tue, Feb 9 2021, 8:48 AM
Consumers expressed more positive sentiments toward the housing market as 2021 arrived, sending Fannie Mae's Home Purchase Sentiment Index (HPSI) a bi...
Mon, Feb 8 2021, 1:29 PM
Even with the accelerating pace of home price increases, the National Association of Home Builders (NAHB) still sees homes remaining affordable. The N...
Thu, Feb 4 2021, 11:33 AM
The homeownership rate fell in the fourth quarter down 1.6 percentage points from its third quarter level but remained higher than in the same quarter...
Wed, Feb 3 2021, 8:16 AM
CoreLogic reports that December saw yet another acceleration in home price increases. The company's Home Price Index (HPI) rose 9.2 percent on an annu...
Tue, Feb 2 2021, 11:18 AM
The Urban Institute (UI) has looked at a final mortgage rule issued by the Consumer Financial Protection Bureau (CFPB) in late 2020 which would provid...
Tue, Feb 2 2021, 11:06 AM
Public and privately funded construction spending ended 2020 with a 4.7 percent increase over spending in 2019. The U.S. Census Bureau said the combin...
Mon, Feb 1 2021, 1:36 PM
The current Mortgage Monitor from Black Knight looks at the recent small increases in mortgage rates and their potential impact on home sales. The com...
Mon, Feb 1 2021, 11:08 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 22.4 percent in December compared to a 29.5 percen...
Fri, Jan 29 2021, 11:11 AM
Pending home sales retreated for the fourth straight month in December. The National Association of Realtors® (NAR) said its Pending Home Sales Index,...
Fri, Jan 29 2021, 8:15 AM
While the number of Fannie Mae and Freddie Mac (GSE) loans in forbearance continued to decline last week, that 4,000 loan improvement was more than of...
Thu, Jan 28 2021, 11:08 AM
New homes sales managed a small increase in December following three months of losses including a substantial downturn in November. The U.S. Census Bu...
Wed, Jan 27 2021, 9:21 AM
The Acting Secretary of the Department of Housing and Urban Development (HUD) has announced an extension of the deadline for borrowers with FHA mortga...
Tue, Jan 26 2021, 4:03 PM
It probably wasn't on your COVID Bingo card, but the National Association of Home Builders (NAHB) is finding more and more evidence that the pandemic ...
Tue, Jan 26 2021, 12:12 PM
The annual increases in U.S. home prices is nearing dizzying levels. The November data from the Federal Housing Finance Agency (FHFA) crossed into dou...
Mon, Jan 25 2021, 11:44 AM
The interest rates on 30-year fixed rate mortgages originated in December reached an all-time low in ICE Mortgage Technology's (formerly Ellie Mae's) ...
Fri, Jan 22 2021, 1:09 PM
Existing home sales resumed an upward trajectory in December. After drifting lower by 2.5 percent in November, breaking a five-month streak of gains ,...
Fri, Jan 22 2021, 1:00 PM
Optimism is running high in Fannie Mae's first Economic and Housing Outlook of the year. The company's Economic and Strategic Research (ESR) team says...
Fri, Jan 22 2021, 11:37 AM
Mortgage performance understandably deteriorated over the course of 2020. Black Knight, in its "first look" at December data, noted that the year ende...
Thu, Jan 21 2021, 10:28 AM
Residential construction finished out 2020 much more strongly than analysts had expected. The U.S. Census Bureau and Department of Housing and Urban D...
Wed, Jan 20 2021, 3:08 PM
The Department of Housing and Urban Development (HUD) announced on Tuesday that it has extended eligibility for FHA mortgages to individuals who are c...
Wed, Jan 20 2021, 11:45 AM
After setting three successive record highs, most recently a 90 level in November , the pandemic and rising construction costs are taking a toll on th...
Wed, Jan 20 2021, 9:15 AM
The Mortgage Bankers Association (MBA) estimates that applications for the purchase of newly built homes rose only 0.2 percent from November to Decemb...
Wed, Jan 20 2021, 9:14 AM
Late last week the Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury (Treasury) agreed to amend the Preferred Stock Purcha...
Wed, Jan 20 2021, 8:37 AM
The volume of mortgage applications fell back slightly last week. The Mortgage Bankers Association (MBA) said its Market Composite Index was down 1.9 ...
Tue, Jan 19 2021, 11:05 AM
President-elect Joe Biden has announced his picks for two important financial regulatory positions. The chairmanship of the Consumer Financial Protect...
Fri, Jan 15 2021, 10:34 AM
A decline in the number of forborne loans in those portfolios serviced for banks and private label securities (PLS) accounted for most of the modest d...
Fri, Jan 15 2021, 10:19 AM
Freddie Mac's first quarter 2021 economic forecast is unusually short, and, unlike recent forecasts from either of the GSEs, has relatively few revisi...
Fri, Jan 15 2021, 10:17 AM
Fannie Mae said that the standardization of servicing standards that followed the 2008 housing crisis appears to have helped the industry manage the r...
Wed, Jan 13 2021, 8:29 AM
It was a typical first-work-week-after-the holiday bounce for the mortgage indexes, although the surge was significantly more restrained than last yea...
Tue, Jan 12 2021, 4:41 PM
While it did dip a bit last month, the availability of mortgage credit appears to be stabilizing , having moved only slightly over the last three mont...
Tue, Jan 12 2021, 10:42 AM
The rate of mortgage delinquencies remains significantly elevated from last year, but there is gradual improvement . The national rate moved higher in...
Fri, Jan 8 2021, 1:23 PM
In most parts of the country owning a home is more affordable than renting one according to ATTOM Data Solutions' 2021 Rental Affordability Report . T...
Fri, Jan 8 2021, 1:20 PM
A month end wave of plan expirations in December led to a substantial decline in the number of active forbearances during the first week of 2021. Blac...
Thu, Jan 7 2021, 5:32 PM
That the pandemic is worse today than it was last spring appears to be finally dawning on a lot of consumers and the Home Purchase Sentiment Index (HP...
Thu, Jan 7 2021, 11:49 AM
While COVID-19 has wreaked havoc on most of the economy last year, Wells Fargo's Securities Economic Group says many of the responses to the pandemic ...
Wed, Jan 6 2021, 9:49 AM
The Mortgage Bankers Association (MBA) resumed reporting on mortgage applications today after a two-week holiday hiatus. Information on mortgage volum...
Tue, Jan 5 2021, 11:06 AM
Home prices rose another 1.1 percent in November according to the CoreLogic report on its Home Price Index. The year-over-year gain was 8.2 percent , ...
Mon, Jan 4 2021, 11:36 AM
Total spending on construction projects in the U.S. rose 0.9 percent in November compared to October. The U.S. Census Bureau estimated that the season...
Mon, Jan 4 2021, 11:18 AM
The number of loans in COVID-19 forbearance plans last week rose for the third consecutive week during the period ended December 29. Black Knight said...
Wed, Dec 30 2020, 11:28 AM
Pending home sales slid for the third straight month in November and the 2.6 percent decline was the largest of the three. The National Association of...
Tue, Dec 29 2020, 10:00 AM
The headline for the October S&P CoreLogic Case-Shiller home price report is yet another month of escalating gains. The National Home Price Index whic...
Mon, Dec 28 2020, 11:54 AM
As studies go, ATTOM Data Solutions Grocery Store Wars analysis is kind of silly. But at this point in this year, kind of silly is sort of welcome. Ke...
Mon, Dec 28 2020, 11:50 AM
The number of forbearance plans increased again during the six-day period (shortened because of the holiday) ended December 21 and again Black Knight ...
