Wed, Aug 14 2019, 8:09 AM
The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage application volume, rose 21.7 percent on a seasonally ad...
Tue, Aug 13 2019, 11:32 AM
Both the Mortgage Bankers Association (MBA) and CoreLogic issued data on recent loan performance on Tuesday. For CoreLogic the Monthly Loan Performanc...
Mon, Aug 12 2019, 3:22 PM
After years of planning, the two government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac launched their uniform mortgage-backed security (U...
Fri, Aug 9 2019, 10:16 AM
Ever since mortgage rates began to move lower, Black Knight has devoted a big portion of its Mortgage Monitor , a monthly report on loan performance a...
Fri, Aug 9 2019, 8:14 AM
The availability of jumbo mortgage loans increased in July, but not enough to offset tightening in credit access for other types of loans. The Mortgag...
Thu, Aug 8 2019, 8:28 AM
There was an unusually large bump in Fannie Mae's Home Purchase Sentiment Index (HPSI) in July. The company said strong positive responses to question...
Thu, Aug 8 2019, 8:19 AM
Anyone trying to make sense out of current data on the direction of home prices needs more than a calculator. Every new report seems to dump more mud ...
Wed, Aug 7 2019, 10:24 AM
CoreLogic has been running a series of articles in its Insights blog attempting to quantify the potential impact of the expiration of the so-called GS...
Wed, Aug 7 2019, 8:15 AM
CoreLogic said on Tuesday that its Home Price Index (HPI) for June increased by 3.4 percent on an annual basis. Rather than the steady decline in appr...
Wed, Aug 7 2019, 8:08 AM
A sharp drop in mortgage rates helped the Market Composite Index break a 5-time losing streak during the week ended August 2. The Mortgage Bankers Ass...
Tue, Aug 6 2019, 9:57 AM
Doug Duncan, Fannie Mae's chief economist, says homebuyers need to do more shopping around before they settle on a mortgage lender. Results from a rec...
Mon, Aug 5 2019, 9:01 AM
Black Knight has good news for potential homebuyers , especially those in the market for their first home. The new edition of the company's Mortgage M...
Mon, Aug 5 2019, 8:19 AM
Even as homebuilders and affordable housing advocates are pointing to the need for changes in local regulations to reduce housing costs, homebuyers an...
Fri, Aug 2 2019, 12:33 PM
Several weeks ago we summarized CoreLogic's first cut at quantifying the potential effects of the planned expiration of the Consumer Financial Protect...
Thu, Aug 1 2019, 4:17 PM
Construction spending in June missed matching the May level by 1.3 percent. Total spending by both public and private sources was at a seasonally adju...
Thu, Aug 1 2019, 4:15 PM
Both of the government sponsored enterprises (GSEs) released second-quarter financial results this week. Each had, to varying degrees, better outcomes...
Thu, Aug 1 2019, 4:07 PM
The Department of Housing and Urban Development (HUD) is reducing the amount of equity that can be withdrawn from a home using either a Federal Housin...
Wed, Jul 31 2019, 10:55 AM
The housing market has been looking slightly better over the last few month and Freddie Mac July economic report reflects that fact. They also maintai...
Wed, Jul 31 2019, 8:09 AM
Mortgage application activity declined for the fifth consecutive period during the week ended July 26. The Mortgage Bankers Association (MBA) said its...
Tue, Jul 30 2019, 10:50 AM
Pending home sales put in an especially strong performance in June , the second consecutive positive report as well as the fourth in five months. The ...
Tue, Jul 30 2019, 10:07 AM
The rate of appreciation in home prices slipped again in May according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. The metric, w...
Tue, Jul 30 2019, 8:09 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 5.3 percent in June, a bit slower than the 7.5 per...
Mon, Jul 29 2019, 11:55 AM
Remember the Equifax data breach? Maybe not, because it came hard on the heels of the Target data breach, and the one at Home Depot, and so on and on....
Fri, Jul 26 2019, 11:44 AM
The Consumer Financial Protection Bureau (CFPB) has issued an Advance Notice of Proposed Rulemaking (ANPR) regarding the expiration of the so-called G...
Thu, Jul 25 2019, 3:42 PM
The U.S. homeownership rate in the second quarter dipped slightly from its level in both the first quarter of this year and one year earlier, but at 6...
Thu, Jul 25 2019, 12:00 PM
The incidence of mortgage application fraud declined in the second quarter according to CoreLogic. The company's Quarterly Mortgage Fraud Risk Index f...
Wed, Jul 24 2019, 11:29 AM
New home sales bounced back in June from two prior reports of very weak sales . The U.S. Census Bureau and the Department of Housing and Urban Develop...
Wed, Jul 24 2019, 8:07 AM
It was another mediocre week for mortgage applications. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of mortgage ...
Tue, Jul 23 2019, 11:17 AM
Existing home sales are persistent in their inability to maintain a steady course from month to month. Despite low interest rates and hopes for a stro...
Tue, Jul 23 2019, 10:01 AM
The Federal Housing Finance Agency's (FHFA's) House Price Index (HPI) fell in line with most other indices in May, showing a slowdown in housing price...
Tue, Jul 23 2019, 9:37 AM
The bubble in the mortgage prepayment rate burst in June. Black Knight, in its "first look" at the month's loan performance statistics, said the singl...
Tue, Jul 23 2019, 8:16 AM
Given its press coverage, one would conclude that financial technology (fintech) has all but taken over residential real estate and its financing. How...
Fri, Jul 19 2019, 12:12 PM
The so-called GSE Patch for the Consumer Financial Protection Bureau's (CFPB) 2013 Ability-to-Repay (ATR) and Qualified Mortgage (QM) rule (Rule) is s...
Thu, Jul 18 2019, 8:37 AM
Closing rates for mortgage loans were at the highest level in June since Ellie Mae began collecting the data in 2011. The company, in its June Origina...
Thu, Jul 18 2019, 8:24 AM
There was a huge decline in foreign investment in U.S. real estate during the 12 months ending with the first quarter of 2019. The National Associatio...
Wed, Jul 17 2019, 11:25 AM
The residential construction numbers in June were expected to come in largely in the same neighborhood as in May. Analysts however got it only half ri...
Wed, Jul 17 2019, 8:34 AM
This month marks the tenth anniversary of the current expansion. How much longer can it last? Fannie Mae's July Economics Development report indicates...
Wed, Jul 17 2019, 8:16 AM
Mortgage application activity retreated again during the week ended July 12, although refinancing remained strong. The Mortgage Bankers Association (M...
Tue, Jul 16 2019, 11:25 AM
Builder confidence rose slightly in July. The National Association of Home Builders (NAHB) said its Housing Market Index (HMI), which it sponsors with...
Fri, Jul 12 2019, 11:28 AM
The U.S. Census Bureau recently released a treasure trove of data, its 2018 report on Characteristics of New Housing. The report, based on data collec...
Fri, Jul 12 2019, 10:52 AM
Applications for financing new home purchases slipped in June in spite of the continued easing of mortgage interest rates. The Mortgage Bankers Associ...
Fri, Jul 12 2019, 8:21 AM
The Government National Mortgage Association (Ginnie Mae) is the agency, housed under the Department of Housing and Urban Development, that converts g...
Wed, Jul 10 2019, 8:22 AM
Independence Day played the usual holiday havoc on mortgage applications data, but some trends were maintained. The Mortgage Bankers Association (MBA)...
Tue, Jul 9 2019, 1:59 PM
While it was only a small gain, the June increase in the Mortgage Credit Availability Index (MCAI) was the sixth in a row . The Mortgage Bankers Assoc...
Tue, Jul 9 2019, 10:36 AM
The national delinquency rate declined by another 0.7 percent on an annual basis in April. Mortgage loans that were 30 or more days past due, includin...
Mon, Jul 8 2019, 3:38 PM
Consumers are beginning to buy into the idea that mortgage rates might go down, at least according to responses to the June National Housing Survey (N...
Wed, Jul 3 2019, 12:02 PM
Seven or eight years ago the home sales headline was the entry of big institutional investors into the single-family market. These investors, many of ...
Wed, Jul 3 2019, 8:16 AM
Mortgage application activity during the week ended June 28 was largely unchanged from the week that preceded it. The Mortgage Bankers Association (MB...
Tue, Jul 2 2019, 11:26 AM
The shrinking rate of home price increases that has headlined the price data from most sources for months may have ended, at least according to CoreLo...
Mon, Jul 1 2019, 11:59 AM
Construction spending in May, dipping 0.8 percent compared to April's seasonally adjusted annual rate of $1.304 trillion to $1.294 trillion. On an ann...