Fri, Oct 30 2020, 11:54 AM
Both GSEs reported financial results for the third quarter of 2020 that were significantly higher than both their Q2 2020 and their 2019 numbers . Fan...
Fri, Oct 30 2020, 10:12 AM
The number of loans in COVID-19 related forbearance plans rose during the past week, driven by both an increase in new plans and significantly fewer b...
Fri, Oct 30 2020, 10:06 AM
Hidden in the Q3 report on Gross Domestic Product (GDP) on Thursday, which showed a rebound of 33.1 percent from the 31.4 percent loss in Q2 was news ...
Thu, Oct 29 2020, 10:21 AM
Pending home sales faltered a bit in Septembe r, like new home sales announced earlier this week, the decline ended a four-month winning streak. The N...
Wed, Oct 28 2020, 11:59 AM
The percentage of potential home buyers who perceive housing in their market as affordable increased in the third quarter, at least as reported in a r...
Wed, Oct 28 2020, 11:43 AM
Mortgage application volume rose slightly during the week ended October 23. The Mortgage Bankers Association (MBA) said its Market Composite Index, a ...
Tue, Oct 27 2020, 12:07 PM
The U.S. homeownership rate in the third quarter fell back slightly from the prior quarter. The second quarter saw the highest level for homeownership...
Tue, Oct 27 2020, 11:23 AM
The impact of low interest rates and pent up buyer demand played out in sharply increasing home prices in August. Both the Federal Housing Finance Age...
Tue, Oct 27 2020, 11:00 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 17.5 percent in September compared to a 27.7 perce...
Mon, Oct 26 2020, 11:04 AM
New home sales declined in September for the first time since April. The U.S. Census Bureau and the Department of Housing and Urban Development said s...
Mon, Oct 26 2020, 10:59 AM
The number of serious delinquencies dropped in September according to Black Knight. The 43,000 decline in the number of loans that were 90 or more day...
Fri, Oct 23 2020, 10:46 AM
The contribution made to household wealth by homeownership is underlined in ATTOM Data Solutions' third-quarter U.S. Home Sales Report . The company s...
Fri, Oct 23 2020, 10:34 AM
The number of FHA and VA loans in forbearance rose slightly last week, however, the overall numbers of forborne loans fell nationally by 11,000. Black...
Thu, Oct 22 2020, 11:41 AM
Existing home sales rose again in September and are now blowing the doors off last year's numbers. The National Association of Realtors® says sales of...
Thu, Oct 22 2020, 11:13 AM
The refinancing share of originations increased again in September, rising 2 points to 58 percent of all loans. Ellie Mae's Origination Insight Report...
Thu, Oct 22 2020, 9:16 AM
Purchase mortgage originations are expected to hit a new record high of $1.54 trillion next year. That forecast, which would be an increase of 8.5 per...
Wed, Oct 21 2020, 11:04 AM
The most recent Fannie Mae's Lender Sentiment Survey focuses on the complexities of lending to the condominium market. The company stresses that this ...
Wed, Oct 21 2020, 10:53 AM
The Mortgage Bankers Association (MBA) says there was little change in mortgage application activity during the week ended October 16. MBA's Market Co...
Tue, Oct 20 2020, 12:04 PM
Mark Calabria, director of the Federal Housing Finance Agency (FHFA) used the annual convention and expo of the Mortgage Bankers Association to announ...
Tue, Oct 20 2020, 11:10 AM
Residential construction resumed its upward trend after a brief pause in August. The U.S. Census Bureau and Department of Housing and Urban Developmen...
Mon, Oct 19 2020, 1:31 PM
While applications for new home purchase mortgages jumped in September, the Mortgage Bankers Association (MBA) expects only modest changes in the Sept...
Mon, Oct 19 2020, 10:33 AM
For only the second time in its 35-year history, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) topped 80 thi...
Mon, Oct 19 2020, 10:31 AM
There were approximately 7.5 million second homes in the U.S. in 2018, the most recent year for which data is available. This is 5.5 percent of the na...
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...
