Wed, Aug 29 2018, 8:13 AM
In the first quarter of 2018, independent mortgage banks and mortgage subsidiaries of chartered banks posted only their second period of financial los...
Wed, Aug 29 2018, 8:05 AM
The surge in mortgage applications last week, fostered by a 6.0 percent increase in refinancing, was short-lived. Despite slightly lower interest rate...
Tue, Aug 28 2018, 3:27 PM
Freddie Mac analysts see a two-pronged threat to housing sales for the remainder of the year, especially in the previously high-flying western part of...
Tue, Aug 28 2018, 11:14 AM
The Fannie Mae's National Housing Survey (NHS) polls a large panel of consumers monthly about their attitudes toward housing and related topics and ge...
Tue, Aug 28 2018, 10:39 AM
Prices slipped in June according to the S&P CoreLogic Case-Shiller price indices. The National Index, which covers all nine U.S. Census divisions, sho...
Fri, Aug 24 2018, 9:21 AM
The rain is still pouring down in Oahu, but Fannie Mae and Freddie Mac are ahead of the game. Both GSEs have already announced that their disaster rel...
Thu, Aug 23 2018, 5:13 PM
The first serious mortgage related impact from last fall's hurricanes started to hit home in July . Foreclosure starts rose 11 percent from June, with...
Thu, Aug 23 2018, 10:55 AM
New home sales broke out of the up-one-month, down the next pattern they have adopted since March, and not in a good way . The Census Bureau and Depar...
Thu, Aug 23 2018, 10:49 AM
Home prices for purchases financed by Fannie Mae and Freddie Mac appreciated at an 0.2 percent rate during June, and the estimate for May was increase...
Wed, Aug 22 2018, 11:41 AM
The Federal Housing Finance Agency (FHFA) has pulled the plug on pilot programs run by both Fannie Mae and Freddie Mac (the GSEs) to finance instituti...
Wed, Aug 22 2018, 10:53 AM
Existing home sales posted their fourth straight loss in July and have dropped to their slowest pace since February 2016. The National Association of ...
Wed, Aug 22 2018, 8:07 AM
Last week's mortgage application activity was the best since early July as interest rates for most products drifted lower for the second week. The Mor...
Tue, Aug 21 2018, 11:42 AM
The Treasury Department has recommended some sweeping changes for consumer financial services including some directly impacting the mortgage industry ...
Mon, Aug 20 2018, 3:29 PM
Irving Berlin once wrote, "The song might be over, but the melody lingers on." That, according to a paper from the Federal Reserve Bank of San Francis...
Fri, Aug 17 2018, 11:41 AM
Fannie Mae's monthly Economic Development papers always have the best headlines, pithy and to the point. The August one reads. "Growth Picks Up as Exp...
Fri, Aug 17 2018, 9:03 AM
Loan performance continued to improve in the second quarter. The overall delinquency rate on one-to-four-unit residential properties fell to a seasona...
Thu, Aug 16 2018, 12:33 PM
Purchase loans held on to the June share of 71 percent of closed loans in July which remains the highest share in the seven-year history of Ellie Mae'...
Thu, Aug 16 2018, 10:15 AM
As analysts had predicted, both housing permits and starts recovered , albeit only slightly, in July after a poor showing the previous month. The U.S....
Thu, Aug 16 2018, 8:05 AM
It shouldn't be news to anyone that the homeownership rate of the Millennial generation continues to be anemic. While it has improved slightly since 2...
Wed, Aug 15 2018, 10:42 AM
Rising concerns about costs and labor shortages continue to take a toll on home builder sentiment according to the August Housing Market Index (HMI). ...
Wed, Aug 15 2018, 8:09 AM
It was another week of decline for mortgage applications as those for home purchase slid for the fifth week in a row. The overall volume of applicatio...
Tue, Aug 14 2018, 11:14 AM
The effects of Hurricane Irma continue to be felt in the Southeast, with Florida the only state to report an increase in its delinquency rate in May. ...
Fri, Aug 10 2018, 12:41 PM
An aging housing stock is usually thought of as a problem. Older homes can be more expensive to maintain and easily fall into enough disrepair to be a...
Fri, Aug 10 2018, 8:06 AM
We now have an unfortunate sign that the recovery is complete. The National Association of Homebuilders (NAHB) says housing affordability is the lowes...
Thu, Aug 9 2018, 11:41 AM
Fannie Mae has informed us that they too have activated their disaster response policies for homeowners , this time for those affected by the Californ...
Thu, Aug 9 2018, 11:39 AM
The Mortgage Bankers Association (MBA) says that responses to its recent Mortgage Builder Applications Survey indicates an increase of 3.6 percent in ...
Wed, Aug 8 2018, 4:39 PM
Some are saying that 2018 may be the worst year in history for wildfires in California and other states are threatened by blazes as well so Freddie Ma...
Wed, Aug 8 2018, 12:01 PM
The National Association of Realtors® (NAR) said existing home sales cooled during the second quarter amidst what it called "staggeringly low" invento...
Wed, Aug 8 2018, 10:21 AM
Attitudes about buying and selling a home degraded in July. Fannie Mae said its National Housing Survey (NHS) for the month found a net decrease among...
Wed, Aug 8 2018, 8:04 AM
The week ended August 3 marked the fourth consecutive one in which mortgage activity declined. The Mortgage Bankers Association (MBA) said its Market ...
Tue, Aug 7 2018, 11:38 AM
Mortgage credit availability scored a significant gain in July. The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability Index (MC...
Tue, Aug 7 2018, 11:33 AM
Freddie Mac has announced two new affordable rental programs. The first is a pilot in three markets (Atlanta, Orlando, and Tallahassee) that supports ...
Tue, Aug 7 2018, 9:50 AM
Another day, another Wells Fargo PR disaster. The company is admitting they have foreclosed on about 400 homes owned by borrowers who were not allowed...
Mon, Aug 6 2018, 8:18 AM
Altough it was forecast to happen long ago, it seems price gains throughout the U.S. are moderating . Black Knight, in its August Mortgage Monitor , c...
Fri, Aug 3 2018, 11:44 AM
CoreLogic is noting a subtle change in rent growth for single-family houses. Its Single-Family Rental Index (SFRI) has logged a steady increase in tho...
Fri, Aug 3 2018, 8:45 AM
A recent research paper from the Urban Institute (UI) looks at the benefits provided by real denial rates (RDR) over the traditional measure of credit...
Thu, Aug 2 2018, 10:58 AM
Both Fannie Mae and Freddie Mac, the two government supported enterprises (GSEs) that have been in federal conservatorship for ten years this month, r...
Wed, Aug 1 2018, 12:17 PM
Construction spending fell unexpectedly in June. The U.S. Census said overall spending was down 1.1 percent from the May estimate to a seasonally adju...
Wed, Aug 1 2018, 9:24 AM
A steadily declining number of prospective homebuyers hope to actually buy within the next 12 months according to the second quarter National Associat...
Wed, Aug 1 2018, 8:10 AM
Mortgage activity declined again during the week ended July 27. The Mortgage Bankers Association's (MBA's) Market Composite Index, a measure of loan a...
Tue, Jul 31 2018, 4:35 PM
Congress has once again snatched the National Flood Insurance Program (NFIP) away from its scheduled demise while setting the stage for needing to do ...
Tue, Jul 31 2018, 4:31 PM
Baby Boomers, the largest generation of Americans in history until the Millennials came along, have influenced the country since their birth and have ...
Tue, Jul 31 2018, 10:13 AM
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index put on a repeat performance for May. The index, which covers all nine U.S. census di...
Mon, Jul 30 2018, 10:21 AM
Pending home sales rose marginally again in June, beating the National Association of Realtors® (NAR's) Pending Home Sale Index (PHSI) for the previou...
Fri, Jul 27 2018, 10:03 AM
Freddie Mac reported today that its total mortgage portfolio increased at an annualized rate of 3.8 percent in June. The portfolio balance at the end ...
Thu, Jul 26 2018, 3:52 PM
The homeownership rate remained essentially unchanged in the second quarter of 2018. The Census Bureau said the rate rose 0.1 percentage points compar...
Wed, Jul 25 2018, 10:38 AM
New home sales have adopted an up and down pattern since March and continued in that trend in June. The U.S. Census Bureau and the Department of Housi...
Wed, Jul 25 2018, 8:03 AM
As the Mortgage Bankers Association (MBA) termed it the headline on its press release this morning: "Mortgage Application Activity and Rates [were] Ne...
Tue, Jul 24 2018, 11:09 AM
The rate of home price appreciation appears to be accelerating again , at least for those homes purchased using Fannie Mae or Freddie Mac mortgages. T...
Tue, Jul 24 2018, 10:08 AM
The old credit score models are safe for the time being, despite a belief that they disregard millions of creditworthy Americans, leaving them unable ...
