Thu, Nov 19 2020, 5:24 PM
The Federal Housing Finance Agency (FHFA) has reached another milestone as it tries to resolve the 12-year conservatorship of the GSEs. On Wednesday i...
Thu, Nov 19 2020, 11:10 AM
The hot home sales market continued unabated in October. The National Association of Realtors® (NAR) reports that existing home sales grew for the fif...
Wed, Nov 18 2020, 3:18 PM
Freddie Mac has published research examining the characteristics of borrowers who took advantage of the availability of forbearance plans in the early...
Wed, Nov 18 2020, 3:16 PM
Residential construction data for October was mixed. The U.S. Census Bureau and Department of Housing and Urban Development reported that the rate of ...
Wed, Nov 18 2020, 9:06 AM
The Mortgage Bankers Association's (MBA's) November 2020 economic forecast ups the ante from its rosy October version. Its revisions are due to the st...
Wed, Nov 18 2020, 9:03 AM
Despite a healthy upward bump in purchase applications, overall mortgage volume declined last week. The Mortgage Bankers Association (MBA) said its Ma...
Tue, Nov 17 2020, 11:54 AM
For the third straight month the level of builder confidence in the new home market set a record high . The National Association of Home Builders (NAH...
Fri, Nov 13 2020, 11:13 AM
The National Association of Realtors® (NAR) said on Thursday that home prices have continued to grow in each of the 181 areas it tracks for its quarte...
Fri, Nov 13 2020, 10:46 AM
The number of COVID-19 related forbearances plans headed downhill at an increasing pace over the last few week although there is no guarantee the impr...
Fri, Nov 13 2020, 10:43 AM
Mortgage applications , especially for home purchases, pulled back from the previous week's level. The Mortgage Bankers Association (MBA) said its Mar...
Thu, Nov 12 2020, 11:08 AM
Tried and true has won out over shiny and new, at least when it comes to GSE credit scoring. And at least for the moment. The Federal Housing Finance ...
Thu, Nov 12 2020, 10:59 AM
There was apparently a certain profile of home buyers before the pandemic struck and a different one after it began. The National Association of Realt...
Tue, Nov 10 2020, 12:25 PM
Extremely serious delinquencies, those loans 150 days or more past due, reached historically high levels in August. Five months into the COVID-19 cris...
Tue, Nov 10 2020, 12:22 PM
After its third straight month of gains, Fannie Mae's Home Purchase Sentiment Index (HPSI) is now at 81.7, up 0.7 point from September. The October in...
Fri, Nov 6 2020, 10:15 AM
Another round of expirations reduced the number of active forbearance plans last week. Black Knight said the number of homeowners in COVID-19 related ...
Wed, Nov 4 2020, 8:15 AM
An increase in refinancing carried overall applications onto the plus side of the ledger during the week ended October 30. The Mortgage Bankers Associ...
Tue, Nov 3 2020, 10:49 AM
The Urban Institute's (UI's) Housing Finance Policy Center has updated its credit availability index (HCAI) to reflect data for the second quarter of ...
Tue, Nov 3 2020, 10:27 AM
CoreLogic's estimate of the annual home price appreciation in September is not nearly as high as that published yesterday (over 14 percent) by Black K...
Mon, Nov 2 2020, 1:47 PM
Black Knight concurs with an earlier forecast from the Mortgage Bankers Association, that 2020 will have a higher level of mortgage originations in 20...
Mon, Nov 2 2020, 12:37 PM
Overall construction spending was flat in September, held down by a drop in public sector projects. The U.S. Census Bureau said total expenditures dur...
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...
