Wed, Oct 24 2018, 8:47 AM
Mortgage applications rose during the week ended October 19, an increase the Mortgage Bankers Association (MBA) attributed to a rebound from the Colum...
Tue, Oct 23 2018, 11:53 AM
Remember the old Point/Counterpoint segment on CBS's 60 Minutes? Two political commentators, a far right conservative and an equally lefty liberal arg...
Fri, Oct 19 2018, 8:07 PM
Fannie Mae's Economic and Strategic Research (ESR) group is still expecting that economic growth will "likely" be solid in the third quarter, but they...
Fri, Oct 19 2018, 8:04 PM
The share of closed loans originated for home purchase continues to inch higher. Ellie Mae, in its September Origination Insight Report , says that sh...
Fri, Oct 19 2018, 11:02 AM
Existing home sales slipped in September, following a month in which sales were almost totally flat. The National Association of Realtors® (NAR) said ...
Thu, Oct 18 2018, 1:47 PM
Evidence is growing that the housing market is cooling, and Zillow is adding to the pile of proof. However, its contribution points more to a slowdown...
Thu, Oct 18 2018, 1:44 PM
Anyone who has ever worked as a real estate agent will understand the real reasons behind a new finding from the National Association of Realtors® (NA...
Wed, Oct 17 2018, 10:05 AM
All three reports on residential construction activity in September were disappointing, but no more so than any of the other housing data that speaks ...
Wed, Oct 17 2018, 8:25 AM
Purchase mortgage originations are expected to increase a bit in 2019, but not by enough to offset the continuing decline in refinancing. A forecast f...
Wed, Oct 17 2018, 8:14 AM
Mortgage applications were down last week by the largest seasonally adjusted percentage since September 2017 . The Mortgage Bankers Association (MBA) ...
Tue, Oct 16 2018, 10:59 AM
Recent research from Trulia shows home price reductions are increasing . The share of homes for sale that have had at least one price cut since being ...
Tue, Oct 16 2018, 10:54 AM
Builder confidence ticked up 1 point in October, rising to 68. The National Association of Home Builders (NAHB), which produces the NAHB/Wells Fargo H...
Mon, Oct 15 2018, 5:13 PM
MBA President and CEO Bob Broeksmit, the Mortgage Bankers Association's (MBA's) newly installed president and CEO, delivered his inaugural speech to M...
Mon, Oct 15 2018, 10:27 AM
Freddie Mac is announcing a couple of enhancements to its Loan Advisor underwriting tool. The additional capabilities will allow lenders to automate t...
Fri, Oct 12 2018, 11:35 AM
Mortgage denial rates ebb and flow with the economy, with lenders appetite for risk, and sometimes with the pressure lenders feel to make loans. Denia...
Fri, Oct 12 2018, 8:48 AM
Want to get that reluctant customer who has been "about to" buy a home for months a little push? If an analysis by the Urban Institute (UI) as reporte...
Fri, Oct 12 2018, 8:26 AM
The Mortgage Bankers Association (MBA) reports a drop in applications for the purchase of newly constructed homes last month. Those applications fell ...
Wed, Oct 10 2018, 5:00 PM
It was largely ignored with the ongoing rush of news from Washington, but late last month Senator Elizabeth Warren (D-MA) introduced a bill she says i...
Wed, Oct 10 2018, 8:11 AM
Mortgage application activity declined during the week as the 30-year mortgage rate crossed the 5.0 percent line for the first time in seven years and...
Tue, Oct 9 2018, 8:29 AM
Hurricane Florence, the storm that tore up much of eastern North and South Caroline in September, may be especially disastrous in terms of VA loans. B...
Tue, Oct 9 2018, 8:16 AM
It appears that, while Americans are generally upbeat about the economy, housing, and their own financial fortunes, they have a little difficulty main...
Fri, Oct 5 2018, 10:52 AM
Mortgage lenders have been increasingly reporting tighter margins as costs rise for each actual loan transaction. In the last few years the principal ...
Thu, Oct 4 2018, 10:54 AM
The availability of mortgage credit at least as measured by the Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) pulle...
Thu, Oct 4 2018, 10:44 AM
Lesson learned? Whether they saw their credit decimated by the housing crisis and the Great Recession or merely watched loan standards tightened beyon...
Thu, Oct 4 2018, 8:12 AM
Nearly two years ago the Federal Housing Finance Agency (FHFA) approved Underserved Market Plans from Fannie Mae and Freddie Mac. These plans, part of...
Wed, Oct 3 2018, 8:24 AM
As mortgage interest rates moved higher during the week ended September 28, with small increases carrying most to new seven year highs, application ac...
Tue, Oct 2 2018, 11:47 AM
Two Zillow subsidiaries are estimating it will cost the average U.S. homebuyer $40,000 to get in the door of their new home. Depending on where the ho...
Tue, Oct 2 2018, 8:17 AM
The take-away from CoreLogic's report on its August Home Price Index is that home price appreciation during the month was the slowest in two years . T...
Mon, Oct 1 2018, 11:29 AM
The total value of construction put in place during August only ticked up 0.1 percent compared to July, but the small, steady increases each month hav...
Fri, Sep 28 2018, 10:07 AM
Freddie Mac made two announcements this week. The first is a long expected administrative change to requirements for private mortgage insurance (PMI) ...
Thu, Sep 27 2018, 10:37 AM
The leading indicator for existing home sales continued to struggle in August and for the fourth time in the last five months purchase contract execut...
Wed, Sep 26 2018, 4:59 PM
One of the more contentious provisions of the 2017 Tax Cuts and Jobs Act (TCJA) was a new ceiling on the SALT deduction. This is the amount taxpayers ...
Wed, Sep 26 2018, 10:44 AM
New Home Sales posted a month-over-month increase for the first time since May according to Wednesday's report from the U.S. Census Bureau and the Dep...
Wed, Sep 26 2018, 10:41 AM
Freddie Mac reported today that its total mortgage portfolio increased at an annualized rate of 6.1 percent in August. The portfolio balance at the en...
Wed, Sep 26 2018, 8:15 AM
The Mortgage Bankers Association (MBA) says its Market Composite Index, a measure of mortgage application volume, moved higher during the week ended S...
Tue, Sep 25 2018, 10:39 AM
Both of the major home price indexes that were released this morning showed continued deceleration in the rate of appreciation, even though July is us...
Mon, Sep 24 2018, 12:18 PM
Freddie Mac's Economic and Housing Research Group said on Monday that the U.S. economy and job market are firing on nearly all cylinders , "but the ho...
Mon, Sep 24 2018, 8:24 AM
Are weather patterns beginning to provoke annual swings in mortgage delinquencies? Black Knight suggests, in its first look at August 2018 mortgage pe...
Fri, Sep 21 2018, 4:44 PM
Even as flood water continue to sit in living rooms and kitchens across a large swath of North Carolina it is clear that most of those homes are not i...
Thu, Sep 20 2018, 11:25 AM
It was a disappointment, but at least it wasn't a loss. Existing home sales, which were expected to increase in August after four straight months of d...
Thu, Sep 20 2018, 8:08 AM
The share of loans originated for refinancing rose in August for the first time this year. Ellie Mae's Origination Insight Report shows that closed tr...
Wed, Sep 19 2018, 10:04 AM
Both permits and starts were expected to pick up in August, at least holding on to their slight gains in July. Housing starts did deliver, posting a s...
Wed, Sep 19 2018, 8:10 AM
Labor Day typically marks the end of summer and the resumption of business as usual. Hopefully it also marked the beginning of a turnaround for mortga...
Tue, Sep 18 2018, 10:29 AM
Builder confidence in the market for newly-built single-family homes stabilized a bit in September. The National Association of Home Builders (NAHB)/W...
Mon, Sep 17 2018, 3:11 PM
The robust growth in the economy in the second quarter may be the final peak of this expansion according to Fannie Mae's Economic Development Report f...
Mon, Sep 17 2018, 11:00 AM
There were quite a few recent milestones, high and low, noted in the Quarter 2 Residential Property Loan Origination Report from ATTOM Data Solutions....
Fri, Sep 14 2018, 11:31 AM
Even as Hurricane Florence is pushing unprecedented levels of flood waters into North and South Carolina homes, CoreLogic is issuing estimates regardi...
Fri, Sep 14 2018, 11:19 AM
While applications for financing new home purchases declined in August, the Mortgage Bankers Association (MBA) is predicting a bump in the month's new...
Thu, Sep 13 2018, 11:58 AM
The risk of mortgage fraud jumped by 12.4 percent on an annual basis in the second quarter, the seventh consecutive quarter in which it has increased ...
Wed, Sep 12 2018, 2:56 PM
In the last half of 2017 the three credit bureaus, Equifax, TransUnion, and Experian, agreed to change the way they handle collection accounts. These ...
