Tue, Apr 21 2020, 10:17 AM
There are now two entities tracking forbearance statistics on a regular basis, the Mortgage Bankers Association (MBA) and Black Knight. The informatio...
Tue, Apr 21 2020, 8:28 AM
Single-family homes now provide half of all rental units in the U.S. CoreLogic's Single Family Rental Index (SFRI) recorded an annual gain of 3.3 perc...
Fri, Apr 17 2020, 1:33 PM
It is only a little more than a month into the COVID-19 crisis, but mortgage forbearances are already adding up. Black Knight has begun tracking that ...
Fri, Apr 17 2020, 12:59 PM
Fannie Mae's April Economic Developments summary is, like Freddie Mac's, relatively optimistic only because they see the impact of the pandemic as bei...
Fri, Apr 17 2020, 9:28 AM
Declining interest rates in March pushed the refinance share of closed loans higher again according to information in Ellie Mae's March Origination In...
Thu, Apr 16 2020, 1:44 PM
Is it possible that home buyers are adjusting more quickly to this brave new virus-driven world than was hoped? Will Americans now do the whole home p...
Thu, Apr 16 2020, 10:41 AM
While the March residential construction report from the U.S Census Bureau is grim, one can find a small glimmer of optimism in the fact that, while h...
Wed, Apr 15 2020, 1:15 PM
The Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) have made arrangements to share information during the C...
Wed, Apr 15 2020, 10:42 AM
The National Association of Home Builders (NAHB) said its Housing Market Index (HMI), which it sponsors jointly with Wells Fargo, suffered the largest...
Wed, Apr 15 2020, 8:50 AM
Even though many were probably doing it on their phone or tablet while sitting at their kitchen tables, Americans were busy submitting applications to...
Tue, Apr 14 2020, 10:48 AM
Freddie Mac's Quarterly Forecast is more upbeat than one might expect . While it acknowledges that, with big chunks of the U.S. economy currently in l...
Mon, Apr 13 2020, 5:38 PM
The Mortgage Bankers Association (MBA) says the surge in unemployment claims filed since mid-March resulting from the mitigation efforts to slow the s...
Mon, Apr 13 2020, 11:49 AM
In this third article summarizing an analysis by Black Knight of the potential impacts of the COVID-19 pandemic housing the company looks at mortgage ...
Mon, Apr 13 2020, 8:28 AM
The list of things for the housing industry to worry about in the current COVID-19 emergency has been growing steadily over the last few weeks, but a ...
Mon, Apr 13 2020, 8:20 AM
Millennials have lagged most of their predecessor generations in terms of their homeownership rate but when they did begin to buy, they become the fas...
Thu, Apr 9 2020, 11:15 AM
Realtors don't expect the 2020 "spring market" is going to happen, but they are optimistic there will be a post-pandemic rebound driven by delayed dem...
Wed, Apr 8 2020, 11:33 AM
American's attitudes regarding buying and selling homes and about their own financial outlook made an abrupt U-turn last month and Fannie Mae's Home P...
Wed, Apr 8 2020, 8:24 AM
The negative effects of the COVID-19 epidemic appear to have set in last week as mortgage applications, which had managed to increase even after much ...
Tue, Apr 7 2020, 4:53 PM
Black Knight has done an early analysis of the potential impacts of the COVID-19 pandemic on the housing market . In our summary of the first part of ...
Tue, Apr 7 2020, 4:37 PM
Homeowners who are either already feeling the financial effects of COVID-19 or anticipate it will happen are being proactive in requesting help from t...
Tue, Apr 7 2020, 11:04 AM
Home price gains accelerated for the fourth straight month in February with a 4.1 percent annual increase in the CoreLogic Home Price Index (HPI) The ...
Mon, Apr 6 2020, 11:25 AM
The Jobless Claims Report and the Employment Situation Report and were both pretty devastating last week with more than 6 million new unemployment cla...
Fri, Apr 3 2020, 1:49 PM
Black Knight has taken what will probably prove to be only their first in-depth analysis of the potential effects of the COVID-19 pandemic on the econ...
Fri, Apr 3 2020, 9:26 AM
Home building might be the answer to more than just the housing shortage according to some information provided by Paul Emrath, economist for the Nati...
Fri, Apr 3 2020, 9:04 AM
The Department of Housing and Urban Development (HUD) has announced how it will be allocating its initial portion of funds from the massive Coronaviru...
Wed, Apr 1 2020, 11:46 AM
Nationwide outlays for construction slipped slightly in February. The Census Bureau said public and private sources spent at a seasonally adjusted ann...
Wed, Apr 1 2020, 8:54 AM
In an earlier article , (before more pressing issues shelved the topic) we summarized highlights from a recent New York Times Magazine article about t...
Wed, Apr 1 2020, 8:27 AM
Well this was a surprise. In a week when unemployment claims soared to the highest level in probably ever and several large states went into a COVID-1...
Tue, Mar 31 2020, 10:58 AM
Home prices entered 2020 still on the uptick according to the S&P CoreLogic Case-Shiller indices. The U.S. National Home Price Index, which covers all...
Mon, Mar 30 2020, 11:29 AM
Among responses to the job losses and reduced income already emerging from the COVID-19 pandemic has been a moratorium on foreclosures and a requireme...
Mon, Mar 30 2020, 10:41 AM
Pending home sales, which jumped 5.2 percent in January, did not retrench as expected last month. The National Association of Realtors® (NAR) said its...
Fri, Mar 27 2020, 9:11 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 5.5 percent in February , up from a 4.3 percent ga...
Thu, Mar 26 2020, 11:13 AM
New home building, which only recently and belatedly caught fire, is already feeling the effect of the COVID-19 virus response. The National Associati...
Wed, Mar 25 2020, 9:56 AM
The pace of annual price increases ticked slightly higher in January according to Federal Housing Finance Agency (FHFA) House Price Index (HPI). The i...
Wed, Mar 25 2020, 8:15 AM
The volume of mortgage applications plummeted last week as households, rattled by COVID-19 fears, self-isolated in their homes and businesses were shu...
Tue, Mar 24 2020, 10:36 AM
Sales of newly constructed home jumped to a 13-year high of 764,000 annualized units in January , a number that was revised even higher today to 800,0...
Mon, Mar 23 2020, 1:36 PM
Fannie Mae has issued a series of three lender letters dealing with changes in appraisals, originations, and servicing protocols in response to the CO...
Mon, Mar 23 2020, 11:36 AM
Over the weekend the Mortgage Bankers Association (MBA) sent letter to two federal financial officials asking for immediate action to counter potentia...
Mon, Mar 23 2020, 8:45 AM
Loan performance overall continues to validate the perceived quality of recent loan vintages and delinquency metrics continue to test and break old re...
Fri, Mar 20 2020, 11:45 AM
Who knows what tomorrow will bring? At least for today we have some welcome good news from the National Association of Realtors® (NAR). Existing home ...
Thu, Mar 19 2020, 2:13 PM
A 10-basis point drop in the average interest rate of closed loans drove up the share of refinances in February. Ellie Mae's Origination Insight Repor...
Thu, Mar 19 2020, 10:41 AM
Freddie Mac is invoking the same types of measures to protect homeowners in the face of the COVID-19 pandemic as it has previously taken in other natu...
Thu, Mar 19 2020, 8:17 AM
The U.S. Department of Justice (DOJ) has launched a civil investigation into FICO Corporation. DOJ is apparently looking into claims that the company ...
Thu, Mar 19 2020, 8:10 AM
As anticipated, the two major data sets in February's residential construction report declined from their January level but both construction permitti...
Wed, Mar 18 2020, 8:42 AM
New home sales in February are expected to be down from January's levels based on loan application volume data reported by the Mortgage Bankers Associ...
Wed, Mar 18 2020, 8:27 AM
Builder confidence slipped slightly in March according to the National Association of Home Builders (NAHB), but there was one huge caveat. The monthly...
Wed, Mar 18 2020, 8:16 AM
After last week's report on a record-busting week for mortgage applications, with applications for refinancing surging 79 percent and mortgage volume ...
Fri, Mar 13 2020, 3:31 PM
Fannie Mae's forecasts for the rest of 2020 took a bit of a hit from the pandemic panic. The company's Economic Developments report for March contains...
Fri, Mar 13 2020, 10:22 AM
With the caveat that its Lender Sentiment Survey was conducted in February when the world was a very different place , Fannie Mae says mortgage lender...
Fri, Mar 13 2020, 9:54 AM
Homeowner equity jumped again in the fourth quarter of last year. CoreLogic's report said it found that, among homeowners with mortgages, about 63 per...
