Wed, Jun 27 2018, 8:10 AM
The sharp uptick in mortgage applications during the week ended June 15 was short lived. The Mortgage Bankers Association (MBA) reported a strong reve...
Tue, Jun 26 2018, 5:16 PM
Multifamily and commercial mortgage debt grew by $44.3 billion in the first quarter of 2018, a quarter-over-quarter increase of 1.4 percent, and the l...
Tue, Jun 26 2018, 10:17 AM
The producers of the S&P CoreLogic Case-Shiller home price indices injected a dose of reality into their report for April. David M. Blitzer Managing D...
Mon, Jun 25 2018, 2:50 PM
There was plenty of foreshadowing, but Fannie Mae's Chief Economist Doug Duncan said last week that cost-cutting has risen as a priority for mortgage ...
Mon, Jun 25 2018, 10:43 AM
The sales of new homes surged in May, outpacing the consensus of expectations, and while one months' data is just that, both median and average home p...
Fri, Jun 22 2018, 12:33 PM
In back-to-back blog posts in the National Association of Home Builder's (NAHB's) Eye on Housing Blog , Paul Emrath details both the extent of the cur...
Fri, Jun 22 2018, 10:20 AM
The Trump Administration formally rolled out a plan on Tuesday to massively reorganize the federal government . The proposal is largely the work of Of...
Thu, Jun 21 2018, 10:26 AM
There has been a lot of hand-wringing for going on two years or so about the incredible shrinking inventory of homes for sale . This week CoreLogic an...
Thu, Jun 21 2018, 9:46 AM
There was another 0.1 percent increase in the Federal Housing Finance Agency's (FHFA's) House Price Index (HPI) in April. The index, which is calculat...
Thu, Jun 21 2018, 8:04 AM
Loans for home purchasing continue to dominate mortgage originations and Ellie Mae says they may now represent the largest share of loans since the re...
Wed, Jun 20 2018, 10:55 AM
Analysts were expecting existing home sales to rebound in May after they fell behind year-ago levels in April. However, the National Association of Re...
Wed, Jun 20 2018, 8:16 AM
Mortgage interest rates waffled, moving in different directions depending on the product last week, but the volume of mortgage applications increased ...
Tue, Jun 19 2018, 11:27 AM
The White House announced on Monday the nomination of Kathy Kraninger as head of the Consumer Financial Protection Bureau (CFPB) to replace acting dir...
Tue, Jun 19 2018, 9:59 AM
Residential construction data was mixed for May as reported on Tuesday by the U.S. Census Bureau and the Department of Housing and Urban Development. ...
Tue, Jun 19 2018, 8:35 AM
Despite a slowing rate of economic growth in the second estimate for the first quarter, Fannie Mae's economists are holding firm in their forecast for...
Mon, Jun 18 2018, 10:22 AM
Builder confidence in the market for new single-family homes ended a three-month slide in May , as the Housing Market Index ticked up two points. This...
Mon, Jun 18 2018, 8:27 AM
Americans are sitting on a nearly unprecedented level of untapped wealth - or maybe sitting IN it is more to the point. A report from Black Knight not...
Thu, Jun 14 2018, 2:24 PM
The Mortgage Bankers Association (MBA) is projecting a decline in new home sales in May. Its computation is based on information from its Builder Appl...
Wed, Jun 13 2018, 10:39 AM
Last week the Mortgage Bankers Association said that independent mortgage bankers had reported negative production revenue in the first quarter of thi...
Wed, Jun 13 2018, 8:06 AM
The flurry of mortgage activity during the week ended June 1st didn't last long. Application volume resumed its months-long retreat last week as inter...
Tue, Jun 12 2018, 11:55 AM
An increase availability of high balance loans helped drive the Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Index (MCAI) to a ...
Mon, Jun 11 2018, 4:29 PM
As the value of residential real estate rises with home prices, so has the owner's equity share of that value. Jing Fu, writing in the National Associ...
Fri, Jun 8 2018, 10:05 AM
Despite declining consumer confidence about buying a home, Fannie Mae's Home Purchase Sentiment Index® (HPSI) hit a second consecutive survey high in ...
Thu, Jun 7 2018, 4:47 PM
Happy Anniversary - or something... It is a decade since the financial crisis and ultimately the Great Recession began. Bear Stearns collapsed in Marc...
Thu, Jun 7 2018, 11:22 AM
A nine-month search for a replacement for David H. Stevens as president and CEO of the Mortgage Bankers Association (MBA) ended today with the selecti...
Wed, Jun 6 2018, 3:19 PM
The Mortgage Bankers Association (MBA) said on Wednesday that independent mortgage banks and mortgage subsidiaries of chartered banks reported net pro...
Wed, Jun 6 2018, 11:23 AM
A Selling Guide Announcement from Fannie Mae on Tuesday introduced a new initiative for loans secured by manufactured housing. The MH Advantage progra...
Wed, Jun 6 2018, 8:11 AM
The dip in mortgage rates reported by the Mortgage Bankers Association (MBA) for the week ended June 1 was small compared to the 10-basis point declin...
Wed, Jun 6 2018, 8:06 AM
Wells Fargo continued to shrink its retail banking footprint this week with the sale of its banking branches in Indiana, Michigan, Wisconsin, and Ohio...
Tue, Jun 5 2018, 9:19 AM
There is easy money, which in mortgage lending terms would be exemplified by underwriting standards in the 2005-2008 period, and there is tight money,...
Mon, Jun 4 2018, 8:20 AM
In an earlier report covering March loan performance, Black Knight's Mortgage Monitor noted that home prices had risen more in the first two months of...
Fri, Jun 1 2018, 11:24 AM
April turned out to be a solid month for construction . The Census Bureau said that dollar value of new construction activity on residential, non-resi...
Thu, May 31 2018, 10:10 AM
Pending home sales, like both new and existing home sales reported earlier this month, posted an April loss. The National Association of Realtors® sai...
Wed, May 30 2018, 8:39 AM
Buying a home is a process with a lot of moving parts. Do buyers make it more complicated, or even drop out of the process because they tend, for many...
Wed, May 30 2018, 8:07 AM
Although interest rates extended their decline for the second week, the level of mortgage activity failed to respond. The Mortgage Bankers Association...
Tue, May 29 2018, 10:40 AM
It certainly must save time in the S&P CoreLogic Case-Shiller press office that they can reuse essentially the same headline month-after-month. This m...
Tue, May 29 2018, 8:19 AM
Homeownership has barely budged off the historic lows reached during the Great Recession and its aftermath. The housing industry has been struggling t...
Fri, May 25 2018, 10:18 AM
The May edition of Freddie Mac's monthly Outlook , produced by its Economic & Housing Research Group, is focused on the resiliency of the American hom...
Fri, May 25 2018, 8:10 AM
CoreLogic says flipping is back. The term applies to the act of buying, renovating and/or repairing a house, then reselling it, all within a short tim...
Thu, May 24 2018, 11:00 AM
Existing home sales put an end to two straight months of gains , retreating in April on both a monthly and annual basis. The National Association of R...
Thu, May 24 2018, 10:29 AM
Home prices in the first quarter of 2018 were 1.7 percent higher than at the end of the fourth quarter of last year. The Federal Housing Finance Agenc...
Thu, May 24 2018, 9:08 AM
Fannie Mae is backing down slightly on its economic forecast for the remainder of 2018. The first quarter GDP growth of 2.3 percent was the slowest in...
Thu, May 24 2018, 8:41 AM
Loan performance continued to improve in April, even though Black Knight says mortgage delinquencies have a historic pattern of increasing during that...
Wed, May 23 2018, 11:21 AM
The House of Representatives passed a sweeping overhaul of regulations included in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act ...
Wed, May 23 2018, 10:44 AM
New home sales dipped in April, a reversal that was expected by many analysts . The U.S. Census Bureau and the Department of Housing and Urban Develop...
Wed, May 23 2018, 9:15 AM
Reams of data have been gathered about what appear to be significant changes in the profile of younger homebuyers and consequently mortgage borrowers....
Wed, May 23 2018, 8:17 AM
Mortgage rates surged significantly during the week ended May 18, sending mortgage activity skidding for the fifth straight week . The Mortgage Banker...
Tue, May 22 2018, 12:18 PM
As if the new home inventory wasn't tight enough, the National Association of Home Builders (NAHB) say a higher proportion of those homes are being bu...
Tue, May 22 2018, 10:19 AM
It only impacts auto lending, but if Mick Mulvaney, acting director of the Consumer Financial Protection Agency (CFPB) keeps his word, a Congressional...
Mon, May 21 2018, 3:07 PM
In a prior article we summarized the options the Trump Administration might utilize to reform the residential mortgage financing system should Congres...
