Tue, May 26 2020, 11:37 AM
New home sales, rather than dropping like a rock, rose 0.6 percent in April according to the U.S. Census Bureau and the Department of Housing and Urba...
Tue, May 26 2020, 11:11 AM
Even as the COVID-19 pandemic began to hobble home sales in many locations, home prices continued to increase. the Federal Housing Finance Agency's (F...
Fri, May 22 2020, 12:34 PM
The years-long downward trend of mortgage delinquencies appears to have come to an abrupt end in April. Black Knight, in its "first look" at the month...
Fri, May 22 2020, 9:54 AM
The number of homeowners in mortgage forbearance plans continues to increase, reaching 4.75 million by May 19. This is 9.0 percent of all active borro...
Thu, May 21 2020, 11:57 AM
Existing home sales fell hard in April, the numbers coming in about where analysts expected them but breaking a nine-month string of annual gains. The...
Thu, May 21 2020, 10:16 AM
Interest rates on closed loans continued to decline in April, falling from 3.65 percent in March to 3.48 percent according to the Origination Insight ...
Thu, May 21 2020, 10:13 AM
Maybe all of the talk about ending the GSE's long term incarceration in conservatorship is more than talk this time. Earlier this week both Freddie Ma...
Thu, Mar 26 2020, 12:50 PM
Flexibility seems to be the keyword as government agencies try to adjust to a lot of new realities. The Federal Housing Finance agency has already emp...
Wed, May 20 2020, 11:10 AM
With the number of homeowners under forbearance plans nearing 10 percent of all of those having a mortgage, a Lending Tree survey indicates that most ...
Wed, May 20 2020, 8:25 AM
Purchase mortgage applications extended their recent run of gains through the week ended May 15. The Mortgage Bankers Association (MBA) said its Purch...
Tue, May 19 2020, 1:43 PM
Homeowners who have been granted forbearance from making full payments on their GSE guaranteed loans during the COVID-19 crisis may still be able to r...
Tue, May 19 2020, 10:16 AM
The April residential construction numbers are, of course, horrible. But they aren't out of line with expectations, and builders did continue to plan ...
Tue, May 19 2020, 8:35 AM
Fannie Mae and Freddie Mac (the GSEs) have taken what each is calling an important step toward ending their 12 years of operating under conservatorshi...
Mon, May 18 2020, 4:43 PM
IBuyers, that new label for real estate agencies that buy homes from sellers rather than just listing them, are back in the hunt. Redfin announced lat...
Mon, May 18 2020, 10:39 AM
Nearly all financial indicators took a hit last month as unemployment measures shot higher, businesses shut down, and consumers and their families sel...
Fri, May 15 2020, 11:42 AM
Fannie Mae's Economic and Strategic Research (ESR) group says it expects the U.S. gross domestic product (GDP) to decline by 35 percent (annualized) i...
Fri, May 15 2020, 10:42 AM
The Mortgage Bankers Association (MBA) says applications for financing new home purchases were down 25 percent in April compared to March and by 12 pe...
Fri, May 15 2020, 9:10 AM
In its May 5 report on the number of COVID-19 forbearance plans in effect, Black Knight said the rate of new plans had slowed , but speculated they co...
Thu, May 14 2020, 11:10 AM
The national delinquency rate rose significantly in the first quarter of 2020, driven largely by a surge in the early stage rates. The Mortgage Banker...
Thu, May 14 2020, 8:18 AM
The Federal Housing Finance Agency (FHFA) and both GSEs (Fannie Mae and Freddie Mac) have announced a new option for homeowners in COVID-19 forbearanc...
Wed, May 13 2020, 8:23 AM
Last week was yet another good one for purchase mortgage activity and refinancing, while continuing to fade, was still at double its pace of a year ag...
Tue, May 12 2020, 12:23 PM
Home prices really ramped up in the first quarter of 2020 as inventory failed to make significant gains. The National Association of Realtors® (NAR) s...
Tue, May 12 2020, 9:04 AM
CoreLogic's Loan Performance Insights Report has shown only incremental changes, primarily declines, in most of its measures of delinquency. The most ...
Mon, May 11 2020, 10:07 AM
The economic consequences of the COVID-19 pandemic are increasingly clear, and so are the results of some efforts to alleviate financial hardships. Gi...
Fri, May 8 2020, 11:21 AM
Black Knight reports that, as of May 7, there were 4.1 million loans in forbearance, up from 3.8 million in the company's last report which covered pl...
Thu, May 7 2020, 5:05 PM
Fannie Mae's Home Purchase Sentiment Index (HPSI) plummeted 17.8 points in April. Combined with its 11.7-point loss in March the Index is at 63.0, its...
Wed, May 6 2020, 5:52 PM
The Federal Housing Finance Agency (FHFA) has extended several of the " flexibilities " it announced in March to assist mortgage originators in proces...
Wed, May 6 2020, 8:16 AM
Applications for purchase mortgages increased for the third straight week, keeping overall activity during the week ended May 1 virtually unchanged fr...
Tue, May 5 2020, 12:05 PM
Two Urban Institute (UI) analysts have raised an alarm about changes to federal regulations that threaten to limit access to important data about the ...
Tue, May 5 2020, 8:23 AM
CoreLogic's Home Price Index for March showed that the spring market started out strongly, with price appreciation from the previous month of 1.3 perc...
Mon, May 4 2020, 4:27 PM
The Mortgage Bankers Association (MBA) has confirmed the findings that Black Knight reported on Monday morning that, while the number of forbearances ...
Mon, May 4 2020, 10:48 AM
Construction spending posted a gain in April, rising 0.9 percent to a seasonally adjusted annual rate of $1.36 trillion from a revised estimate of $1....
Mon, May 4 2020, 9:08 AM
Black Knight's new Mortgage Monitor restates some of the statistics on COVID-19 related forbearance plans it released late last week - i.e. that the n...
Fri, May 1 2020, 12:36 PM
Given their respective sizes, the economic dislocation created by the COVID-19 pandemic appears to have hit Fannie Mae harder than its competitor GSE ...
Fri, May 1 2020, 11:07 AM
Homeownership continued to be a significant builder of household wealth in the first quarter of this year. ATTOM Data Solutions said home sellers nati...
Fri, May 1 2020, 9:47 AM
The number of COVID-19 related forbearance plans in effect with servicers continued to increase through the end of April according to a report release...
Thu, Apr 30 2020, 6:15 PM
Freddie Mac eked out a positive comprehensive income of $0.62 billion in the first quarter, $1.83 billion less than it posted in the fourth quarter of...
Wed, Apr 29 2020, 11:06 AM
Everyone knew that the March pending home sales report, the first real measure of the impact of the COVID-19 impact on the residential real estate mar...
Wed, Apr 29 2020, 8:16 AM
The Mortgage Bankers Association (MBA) reported a second strong week for purchase applications last week although refinancing continued to dominate th...
Tue, Apr 28 2020, 6:24 PM
The U.S. Homeownership Rate reached its highest level in nearly seven years in the first quarter of 2020. The Census Bureau said the rate, 65.3 percen...
Tue, Apr 28 2020, 10:04 AM
In what will probably prove to be the last full month of normal home sales for a while , prices of homes accelerated significantly. The S&P CoreLogic ...
Tue, Apr 28 2020, 9:05 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 9.2 percent in March, up from a 5.5 percent gain i...
Mon, Apr 27 2020, 11:52 AM
Freddie Mac has laid out options that borrowers who have been granted forbearance on its loans have when it comes to repayment. The company's CEO Davi...
Fri, Apr 24 2020, 9:52 AM
March is typically the strongest month of the year for mortgage performance, probably because, according to Black Knight the receipt of tax refunds al...
Thu, Apr 23 2020, 2:21 PM
Two Urban Institute (UI) researchers pose a pertinent question in a recent paper. Laurie Goodman and Aaron Klein ask, "What is the purpose of the Fed ...
Thu, Apr 23 2020, 11:59 AM
The Census Bureau and Department of Housing and Urban Development's report on new home sales in March is the first real time indication of the impact ...
Wed, Apr 22 2020, 10:56 AM
In its early April survey of builders for its Housing Market Index the National Association of Home Builders (NAHB) added questions about the impact o...
Wed, Apr 22 2020, 10:52 AM
House price growth continued to accelerate through February on the Federal Housing Finance Agency's (FHFA's) Housing Price Index with the U.S. index p...
Wed, Apr 22 2020, 8:26 AM
Purchase application volume was up slightly last week, the first gain since early March. Refinancing and overall volume, however, were flat. The Mortg...
Tue, Apr 21 2020, 12:31 PM
The Federal Housing Finance Agency (FHFA) has clarified the obligations of Fannie Mae and Freddie Mac's (the GSEs') servicers to investors during the ...
