Fri, Feb 26 2021, 9:15 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 16.1 percent in January compared to a 22.4 percent...
Fri, Feb 26 2021, 9:11 AM
Deadlines for COVID-19 related relief for borrowers with Fannie Mae and Freddie Mac (GSE) mortgages were extended by the Federal Housing Finance Agenc...
Thu, Feb 25 2021, 10:47 AM
January marked the fifth straight month that the National Association of Realtors® (NAR) has reported a decline in its Pending Home Sales Index (PHSI)...
Wed, Feb 24 2021, 12:28 PM
New home sales continued the turnaround, started in December, that ended three straight months of slowing sales. The U.S. Census Bureau and Department...
Wed, Feb 24 2021, 8:43 AM
The volume of mortgage applications for both home purchase and refinancing fell for the third straight time during the week ended February 19. The Mor...
Tue, Feb 23 2021, 11:25 AM
Both the S&P CoreLogic Case-Shiller and The Federal Housing Finance Agency (FHFA) report that the country ended the year with more than a 10 percent a...
Fri, Feb 19 2021, 11:42 AM
Existing home sales started the 2021 with a small increase from the December sale levels, the second consecutive monthly gain. The National Associatio...
Fri, Feb 19 2021, 11:38 AM
The Urban Institute (UI) says the surge in foreclosures predicted as the COVID-19 pandemic drove unemployment to the highest level since the Great Dep...
Fri, Feb 19 2021, 9:32 AM
Ice Mortgage Technology (formerly Ellie Mae) said that closed loans continued show declining note rates in January, dropping from an average of 2.93 p...
Thu, Feb 18 2021, 10:46 AM
Builders appear to be prepping for a huge spring . While the U.S. Census Bureau and the Department of Housing and Urban Development report that housin...
Wed, Feb 17 2021, 11:40 AM
After dropping from record high levels by a total of 7 points over the last two months, the index that measures home builder confidence has stabilized...
Wed, Feb 17 2021, 9:33 AM
The White House announced on Tuesday that the various COVID-19 relief programs available through The Department of Housing and Urban Development, Vete...
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...
