Thu, May 9 2019, 10:35 AM
A big jump in jumbo loan lending drove an increase in mortgage credit availability in April. The Mortgage Bankers Association's Mortgage Credit Availa...
Thu, May 9 2019, 8:11 AM
Just days after Ginnie Mae issued a Request for Input seeking advice on ways to tighten its regulations in regard to VA loans, it appears the governme...
Wed, May 8 2019, 11:30 AM
Freddie Mac periodically looks at how and from where homebuyers are managing to acquire their down payments and they did so , particularly first-timer...
Wed, May 8 2019, 8:16 AM
Even though mortgages rates have declined over the last several months, consumers remain bearish about buying a home. Fannie Mae said net positive res...
Wed, May 8 2019, 8:11 AM
Freddie Mac is undertaking a new initiative designed to align the servicing process to a more customer service focus, especially for distressed homeow...
Wed, May 8 2019, 8:06 AM
After four straight weeks of declines, mortgage application activity finally gained ground during the week ended May 3. The Mortgage Bankers Associati...
Tue, May 7 2019, 10:52 AM
Home price growth continued to slow on an annual basis in March. The CoreLogic Home Price Index (HPI) shows home prices increased from the previous Ma...
Mon, May 6 2019, 8:44 AM
Prepayment rates historically tend to increase in the spring, but this year they have been exceptionally high. The rate has risen during March in 18 o...
Fri, May 3 2019, 1:10 PM
Ginnie Mae has issued a formal request for input regarding changes to its II Multi-Issuer Program (GII MIP). That program represents almost a third of...
Thu, May 2 2019, 5:21 PM
The government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac released their first quarter financial results on Wednesday. Both had slightly ...
Wed, May 1 2019, 12:20 PM
Publicly and privately funded construction put in place in March had an estimated value of $1.282 trillion on a seasonally adjusted annual basis. This...
Wed, May 1 2019, 8:14 AM
Despite a decline in interest rates, mortgage volume took a significant hit during the week ended April 26. The Mortgage Bankers Association (MBA) rep...
Tue, Apr 30 2019, 4:55 PM
Freddie Mac's April economic forecast focuses on interest rates and their impact on housing as the company's Economic & Housing Research Group revises...
Tue, Apr 30 2019, 10:44 AM
The S&P CoreLogic Case-Shiller Indices for February continue to show a slowdown in home price gains on a year-over-year basis although all of the mont...
Tue, Apr 30 2019, 10:10 AM
Pending home sales posted a second solid performance in 2019 , with home purchase contract signings in March recovering from their slight dip in Febru...
Tue, Apr 30 2019, 8:13 AM
CoreLogic says that, while the incidence of mortgage fraud has remained relatively stable in recent quarters, income fraud remains a growing problem. ...
Mon, Apr 29 2019, 10:28 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 8.0 percent in March, growing from 3.0 percent the...
Fri, Apr 26 2019, 10:06 AM
Both homeownership and vacancy rates were essentially unchanged in the first quarter of this year according to data released on Thursday by the U.S. C...
Thu, Apr 25 2019, 2:13 PM
Home flipping, buying a property with the intent to sell it in a short period of time at a profit, is more popular than almost ever , but a study by C...
Thu, Apr 25 2019, 8:14 AM
The declining interest rates earlier in the year along with increased refinancing made themselves felt in March as prepayment activity surged. Black K...
Wed, Apr 24 2019, 10:45 AM
Conventional wisdom, according to the Urban Institute (UI), holds that small mortgages are riskier than large ones. That may be one reason that only o...
Wed, Apr 24 2019, 8:11 AM
Rising interest rates continued to take a toll on mortgage applications during the week ended April 19. Even purchase mortgage volume fell victim to t...
Tue, Apr 23 2019, 11:37 AM
New home sales continued on a winning streak in March , increasing for the third straight month. The U.S. Census Bureau and the Department of Housing ...
Tue, Apr 23 2019, 11:02 AM
The pace of home price appreciation slowed notably in February , at least as reflected in the Federal Housing Finance Agency's (FHFA's) House Price In...
Tue, Apr 23 2019, 8:23 AM
As profit margins have continued to shrink, mortgage lenders have been seeking to utilize technology to reduce their production expenses which involve...
Mon, Apr 22 2019, 11:53 AM
The question this morning was whether March's existing home sales could build on the strong numbers posted in February, an 11.8 percent increase from ...
Mon, Apr 22 2019, 8:22 AM
For the second month in a row we find ourselves stating that Fannie Mae's forecast , while still predicting a slowdown in economic growth this year, a...
Mon, Apr 22 2019, 8:14 AM
Contrary to expectations, all three of the residential construction measures from the U.S. Census Bureau and the Department of Housing and Urban Devel...
Thu, Apr 18 2019, 11:01 AM
Continuing declines in interest rates had some impact along the margins of loan originations in March. Ellie Mae's Origination Insight Report for Marc...
Thu, Apr 18 2019, 8:20 AM
Despite their fourth quarter loss reported last month, independent mortgage banks and bank mortgage subsidiaries still managed, albeit barely, to stay...
Wed, Apr 17 2019, 10:48 AM
Two New York Federal Reserve Bank economists are asking whether the tax reform act that went into effect at the beginning of 2018 is playing a role in...
Wed, Apr 17 2019, 8:17 AM
It would appear that Refis' time in the sun is listing back towards purchases, as mortgage rates increased for the second straight week and applicatio...
Tue, Apr 16 2019, 10:41 AM
Builder confidence levels as reported by the National Association of Home Builders (NAHB) remained in the low 60s in April, a space it has now occupie...
Mon, Apr 15 2019, 3:48 PM
In an opinion piece published by MarketWatch , the president of the nation's third largest non-bank lender says institutions such as his could find th...
Mon, Apr 15 2019, 10:56 AM
Homeowners are and should be proud of their homes, but that often leads them to think it has a higher value than does an appraiser and the difference ...
Thu, Apr 11 2019, 11:14 AM
Multifamily properties led the list of investments in what was a record year of of commercial and multifamily lending in 2018. Commercial and multifam...
Wed, Apr 10 2019, 8:29 AM
Applications for financing new home purchases were up significantly in March. The Mortgage Bankers Association (MBA) reports that Builder Application ...
Wed, Apr 10 2019, 8:18 AM
The rally in mortgage application volume that sent several of the Mortgage Bankers Association's (MBA's) metrics to recent highs at the end of March f...
Tue, Apr 9 2019, 10:53 AM
CoreLogic says mortgage delinquencies in January were the lowest for that month in 20 years . Meanwhile, in a separate report, they note that non-mort...
Mon, Apr 8 2019, 7:37 PM
A few couple of warm days, the appearance of a few tulips, and wham, homebuyer sentiment goes through the roof. At least the results from the March Na...
Thu, Apr 4 2019, 10:34 AM
Borrowers had a bit of an easier time getting a loan in March, especially those looking for Jumbo products. The Mortgage Bankers Association's (MBA's)...
Wed, Apr 3 2019, 8:10 AM
Borrowers have apparently been paying attention. The 22-basis point drop in mortgage rates per Freddie Mac, the largest one-week decline in more than ...
Tue, Apr 2 2019, 2:50 PM
CoreLogic says its Home Price Index (HPI) for February reflected an increase of 0.7 percent from January to February and that home prices nationwide w...
Tue, Apr 2 2019, 11:25 AM
Last fall the Urban Institute (UI) published a paper asking, "What, if anything, should replace the QM Patch?" Now Laurie Goodman, UI's Vice President...
Mon, Apr 1 2019, 11:25 AM
Total construction spending rose in February however the increase was almost totally in the publicly funded sector. The Census Bureau said total spend...
Mon, Apr 1 2019, 8:28 AM
There are two strong headlines in Black Knight's new Mortgage Monitor . One is that the pool of homeowners for whom a refinance makes sense increased ...
Fri, Mar 29 2019, 12:59 PM
With the third set of new home sales data in 21 days it seems the Census Bureau has caught up from the partial government shutdown. Whether because of...
Fri, Mar 29 2019, 8:20 AM
As the Senate Banking Committee wound up its second day of hearings on Chairman Mike Crapo's (R-ID) outline for housing finance reform the White House...
Thu, Mar 28 2019, 12:00 PM
Facebook, which has been accused recently of everything short of disappearing Jimmy Hoffa, is in more hot water. The U.S. Department of Housing and Ur...
Thu, Mar 28 2019, 11:06 AM
Pending home sales fell again in February. The National Association of Realtors® said its Pending Home Sales Index (PHSI) declined by 1.0 percent comp...
