Wed, Aug 5 2020, 8:20 AM
Mortgage application volume declined during the week ended July 31 even as mortgage interest rates reached another all-time low. The Mortgage Bankers ...
Mon, Aug 3 2020, 4:31 PM
Construction spending held firm in June, inching down fractionally from the May level and increasing a bit compared to June 2019. The U.S. Census Bure...
Mon, Aug 3 2020, 11:56 AM
In the second quarter of 2020, 11 percent of American adults were planning on purchasing a home over the next 12 months, and of those, almost half wer...
Mon, Aug 3 2020, 11:52 AM
The last report from Freddie Mac put its 30-year fixed rate mortgage (FRM) at 2.99 percent, up 1 basis point from the all-time low. Black Knight, in i...
Mon, Aug 3 2020, 10:40 AM
The National Home Builders Association (NHBA) has been saying since the COVID-19 virus first began to ravage the economy, that it might be housing tha...
Fri, Jul 31 2020, 10:20 AM
As of Wednesday, there were 4.102 million mortgages in forbearance plans. This is 7.7 percent of the 53 million loans in servicer portfolios. Black Kn...
Thu, Jul 30 2020, 5:34 PM
The performance of mortgage loan servicers is lacking in the eyes of many of their customers, even this early in the pandemic driven recession. J.D. P...
Thu, Jul 30 2020, 5:32 PM
Both government supported enterprises (GSE) reported increased profits in the second quarter of 2020 compared to Q1. Fannie Mae said its net comprehen...
Wed, Jul 29 2020, 10:59 AM
Pending home sales soared again in June, although the liftoff was relatively shallow compared to the 43 percent increase in May. The National Associat...
Wed, Jul 29 2020, 9:22 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 14.2 percent in June compared to a 5.5 percent gai...
Wed, Jul 29 2020, 8:37 AM
Mortgage application volume declined for the first time in four weeks during the week ended July 24. The Mortgage Bankers Association (MBA) said is Ma...
Tue, Jul 28 2020, 11:53 AM
The U.S. homeownership rate moved significantly higher in the second quarter of 2020, reaching the highest level since the third quarter of 2008 at a ...
Tue, Jul 28 2020, 11:48 AM
Home prices increases slowed slightly in May on both a month-over-month and an annual basis according to the S&P CoreLogic Case-Shiller Indices. The U...
Mon, Jul 27 2020, 11:39 AM
The National Association of Home Builders' (NAHB') Housing Trends Report for the second quarter of 2020 found slightly less than a quarter of prospect...
Fri, Jul 24 2020, 11:00 AM
New Home sales have done it again, rising for the third straight month. The U.S. Census Bureau and Department of Housing and Urban Development estimat...
Fri, Jul 24 2020, 10:50 AM
It had been threatened from the beginning of the Trump administration, but this week the hammer fell. U.S. Department of Housing and Urban Development...
Fri, Jul 24 2020, 9:50 AM
Black Knight notes a slight increase in the number of forbearance plans in effect this week even as the number of forborne loans serviced for the GSEs...
Fri, Jul 24 2020, 9:02 AM
While serious delinquencies felt the first impact from the COVID-19 pandemic in June, overall delinquencies were actually lower. Black Knight's "first...
Thu, Jul 23 2020, 10:24 AM
The Urban Institute (UI) is speculating that a new penalty imposed on loan originators and arising out of the COVID-19 forbearance plans is beginning ...
Wed, Jul 22 2020, 11:35 AM
Existing home sales ended a three-month string of losses arising out of the COVID-19 pandemic with a flourish, soaring by 20.7 percent from May to Jun...
Wed, Jul 22 2020, 10:42 AM
House prices fell in May, although they remain well ahead of prices a year earlier. The Federal Housing Finance Agency (FHFA) said its House Price Ind...
Wed, Jul 22 2020, 8:17 AM
Even with some interest rates ticking higher, both purchase and refinance activity increased last week. The Mortgage Bankers Association (MBA) said it...
Tue, Jul 21 2020, 11:53 AM
One of the trends in attempts to provide more affordable housing is the growth of accessory dwelling units (ADUs) such as granny flats, garage apartme...
Fri, Jul 17 2020, 11:50 AM
All three measures in the Census Bureaus June residential construction report moved higher , as the building industry continued to recover from its Ap...
Fri, Jul 17 2020, 8:52 AM
The interest rates on mortgage loans that closed in June averaged 3.40 percent, down 3 basis points from the average in May according to Ellie Mae's O...
Fri, Jul 17 2020, 8:37 AM
There was another decline in forbearance starts this past week and the number of loans in active plans also fell for the third straight week. Black Kn...
Thu, Jul 16 2020, 4:29 PM
The House Financial Service Committee's Subcommittee on Oversight and Investigations held a hearing on Thursday entitled, "Protecting Homeowners Durin...
Thu, Jul 16 2020, 10:33 AM
Economists talk about the potential for a V shaped recovery from the pandemic and that is exactly the pattern displayed by the National Association of...
Wed, Jul 15 2020, 1:02 PM
The Mortgage Bankers Association (MBA) is expecting new home sales to spike again in June, based on results of its Builder Application Survey (BAS). T...
Wed, Jul 15 2020, 8:31 AM
Mortgage application volume increased last week, bouncing back slightly from the prior holiday shortened period. The Mortgage Bankers Association (MBA...
Tue, Jul 14 2020, 3:40 PM
The reopening of the economy in several states from the COVID-19 shutdowns has moved Fannie Mae's Economic and Strategic Research (ESR) Group to raise...
Tue, Jul 14 2020, 8:22 AM
April's data is here, and CoreLogic is reporting that early stage delinquencies, that is mortgages 30 to 59 days past due, soared to levels even highe...
Fri, Jul 10 2020, 9:19 AM
Black Knight's weekly report on the numbers of mortgage loans in COVID-19 forbearance plans shows that a decline in those numbers of nearly a half mil...
Thu, Jul 9 2020, 4:23 PM
Credit tightening is becoming more evident according to the Mortgage Bankers Association (MBA). Its Mortgage Credit Availability Index fell to a readi...
Thu, Jul 9 2020, 10:57 AM
A new survey by the National Association of Realtors® (NAR) has found that the vast majority of its members feel as though their businesses are back o...
Wed, Jul 8 2020, 2:22 PM
Fannie Mae's Home Purchase Sentiment Index (HPSI) continued to rebound last month from its sharp retreat to near record lows in the Spring. The Index,...
Wed, Jul 8 2020, 10:44 AM
Mortgage application volume bounced back into positive territory last week , even though banks and many businesses were closed on Friday for the Indep...
Wed, Jul 8 2020, 8:37 AM
A study by the Urban Institute (UI) has found a strong correlation between the home price to income ratio in an area and its rate of gentrification. T...
Tue, Jul 7 2020, 3:26 PM
Did the housing happy talk just get a little less so? CoreLogic's Housing Price Index Forecast (HPI) over the May 2020 to May 2021 window is seeing mo...
Mon, Jul 6 2020, 2:13 PM
Despite any impact from the COVID-19 pandemic, construction spending is still largely managing to stay ahead of its 2019 levels . The U.S. Census Bure...
Mon, Jul 6 2020, 11:24 AM
Black Knight has again taken a look at the number of Americans who could benefit significantly from refinancing their first mortgages, but the facts a...
Mon, Jul 6 2020, 9:47 AM
The number of homeowners in COVID-19 forbearance dropped sharply this week, to the lowest level since the first week of May. The number of plans which...
Mon, Jul 6 2020, 9:43 AM
The Consumer Financial Protection Bureau (Bureau) today issued a notice of proposed rulemaking (NPRM) that would amend Regulation Z of the Truth-in-Le...
Mon, Jul 6 2020, 9:40 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 5.5 percent in May compared to a 14.3 percent gain...
Wed, Jul 1 2020, 8:16 AM
Applications for both refinancing and purchase mortgages retreated last week , pulling the Mortgage Bankers Associations (MBA's) Market Composite Inde...
Tue, Jun 30 2020, 10:12 AM
Home prices continued to hold up on a national basis in April. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, covering all nine U.S. c...
Mon, Jun 29 2020, 1:38 PM
The Supreme Court, in a 5-4 decision along partisan lines, took a chunk out of the intentions the Dodd-Frank Act had for the Consumer Financial Protec...
Mon, Jun 29 2020, 10:28 AM
Lawrence Yun, chief economist for the National Association of Realtors® (NAR), predicted last month that April's home sales contract activity "will be...
Fri, Jun 26 2020, 9:45 AM
After three weeks of declining totals, Black Knight says the number of active COVID-19 forbearance plans shot up over the past week. As of June 23, th...
Thu, Jun 25 2020, 2:03 PM
In his analysis of current mortgage credit tightening for the Joint Center on Housing Studies excerpted here earlier, Don Layton included a special se...
