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...
Fri, Mar 13 2020, 9:49 AM
Home sellers and potential buyers appear to be having a variety of reactions to the turmoil surrounding the COVID-19 virus with some even viewing it a...
Wed, Mar 11 2020, 9:13 AM
Mortgage credit availability declined last month, and the Mortgage Bankers Association (MBA) says it might be the result of too much of a good thing. ...
Wed, Mar 11 2020, 8:50 AM
Unless you were involved in the housing industry or suffered the loss of your home, you probably didn't notice or have by now forgotten one of the mos...
Wed, Mar 11 2020, 8:41 AM
Following a full committee hearing on Tuesday morning that featured Charles W. Scharf, Chief Executive Officer (CEO) and President of Wells Fargo & Co...
