Tue, May 1 2018, 1:02 PM
The construction spending report for March was a bit of a jolt , especially given the reason for the unexpected decline . Some significant softness in...
Tue, May 1 2018, 11:16 AM
Treasury Secretary Steven Mnuchin told Fox Business News on Monday, that changing the current status of Freddie Mac and Fannie Mae is something that h...
Mon, Apr 30 2018, 10:34 AM
It wasn't much of a gain , even missing analysts' predictions, but given the recent performance of the Pending Home Sales Index (PHSI), any positive c...
Fri, Apr 27 2018, 11:10 AM
The Consumer Financial Protection Bureau (CFPB) has announced a technical change to its October 2015 "Know Before You Owe" mortgage disclosure rule. T...
Fri, Apr 27 2018, 11:07 AM
The rate of homeownership as well as the national vacancy rates were statistically unchanged in the first quarter of this year, and prices, especially...
Thu, Apr 26 2018, 12:32 PM
Not sure whether to call it cooperation, a coincidence or a non-musical "call and response," but a proposal unveiled by Ben Carson, Secretary of Housi...
Wed, Apr 25 2018, 12:43 PM
A new poll indicates that 17 percent of adults are ready and willing to purchase a home over the next year, and many will be first-time buyers . The i...
Wed, Apr 25 2018, 9:09 AM
The volume of mortgage applications received during the week ended April 20 was largely unchanged from the previous week . The Mortgage Bankers Associ...
Tue, Apr 24 2018, 11:24 AM
New home sales continue to improve after grim reports in December and January. New home sales posted a solid gain in March, and revisions to the Febru...
Tue, Apr 24 2018, 10:32 AM
Both the Federal Housing Finance Agency (FHFA) and the S&P CoreLogic Case-Shiller reported on February home prices on Tuesday and both showed little m...
Mon, Apr 23 2018, 2:09 PM
Freddie Mac's economists say, "The broader economic environment remains favorable for home sales," but they add a lot of caveats to that statement . S...
Mon, Apr 23 2018, 10:56 AM
Existing-home sales seemed to have reclaimed their footing, posting their second consecutive gain after two straight months of declines. The National ...
Fri, Apr 20 2018, 9:27 AM
Once again Wells Fargo is about to pay dearly for its inability to walk the straight and narrow. The Washington Post , under the byline of Renae Merle...
Thu, Apr 19 2018, 2:57 PM
The Remodeling Market Index (RMI) is to home remodelers as the Housing Market Index (HMI) is to new home builders. Each is constructed by the National...
Thu, Apr 19 2018, 9:36 AM
The share of refinancing loans dropped to 38 percent of loans closed in March, down from 43 percent in February. Ellie Mae's Origination Insight Repor...
Thu, Apr 19 2018, 9:32 AM
Fewer homes on the market are affordable than a year ago, and fewer households can afford them with their current income. The National Association of ...
Wed, Apr 18 2018, 12:01 PM
Access to credit remains tight and the Urban Institute (UI) blames in part that lenders are not measuring the credit risk of borrowers appropriately. ...
Wed, Apr 18 2018, 10:36 AM
They aren't suggesting you shop 'til you drop, but Freddie Mac says neither should borrowers buy the first mortgage they see. Doug McManus and Elias Y...
Wed, Apr 18 2018, 8:31 AM
The pace of mortgage applications picked up during the week ended April 13, ending a two-week slide. The Mortgage Bankers Association (MBA) reported i...
Tue, Apr 17 2018, 12:27 PM
Fannie Mae's economists remain upbeat about economic growth in the medium term but said on Monday that they see increasing downside risks. In its Marc...
Tue, Apr 17 2018, 9:54 AM
Both housing permits and housing starts recovered in March from very disappointing performances in February. The New Residential Construction Report ,...
Tue, Apr 17 2018, 9:18 AM
Less than a month after reporting some bad news about mortgage production and profits in the fourth quarter of 2017 the Mortgage Bankers Association (...
Mon, Apr 16 2018, 11:01 AM
Builder confidence in the market for newly built single-family homes slipped again in April, edging down 1 point to 69. The National Association of Ho...
Fri, Apr 13 2018, 11:23 AM
If they had a report card, the Federal Housing Finance Agency (FHFA) would have been afraid to take it home to mom and dad. Laura S. Wertheimer, FHFA'...
Thu, Apr 12 2018, 12:20 PM
The Mortgage Bankers Association (MBA) is predicting a strong increase in new home sales in March. Its Builder Application Survey (BAS), conducted wit...
Thu, Apr 12 2018, 11:17 AM
As Americans are nearing the deadline to file their 2017 federal income tax return, what this will put on their 2018 return is still open to debate. T...
Wed, Apr 11 2018, 11:17 AM
Can the past be reliably expected to predict the future? Probably not if one is talking about consumer behavior and structural breaks in the housing c...
Wed, Apr 11 2018, 8:56 AM
Multifamily mortgage financing was the big winner overall in what was a record setting year for commercial and multifamily originations. The Mortgage ...
Wed, Apr 11 2018, 8:53 AM
Mortgage applications, both for home purchases and refinancing, declined for the second consecutive week during the period ending April 6. The Mortgag...
Tue, Apr 10 2018, 11:15 AM
In the company's loan performance report for January, Frank Martell, CoreLogic's president and CEO said, "Except for the metropolitan areas affected b...
Mon, Apr 9 2018, 12:12 PM
If you think the stock market has been volatile, you might consider a dose of Dramamine before checking out Fannie Mae's Home Purchase Sentiment Index...
Thu, Apr 5 2018, 11:03 AM
Mortgage credit access tightened for the second straight month in March. The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability ...
Thu, Apr 5 2018, 9:17 AM
Along with a declining rate of homeownership, analysts have noted over the last few years that fewer Americans appear to be heavily invested in the dr...
Wed, Apr 4 2018, 9:26 AM
The strong showing for both refinancing and purchase applications during the week ended March 23 didn't last, with both reversing course last week. Th...
Tue, Apr 3 2018, 1:01 PM
The Acting Director of the Consumer Financial Protection Bureau (CFPB) presented the Bureaus semi-annual report to Congress on Monday. The report, whi...
Tue, Apr 3 2018, 12:43 PM
February looks as though it may be yet another month when the long-predicted end to rising rates of home appreciation was supposed to happen and didn'...
Tue, Apr 3 2018, 9:54 AM
The amount of equity available for tapping by homeowners hit a new recent high in February . Meanwhile, mortgage prepayment rates (how quickly owners ...
Mon, Apr 2 2018, 11:48 AM
Construction spending continued to have a hard time getting out of the 2018 starting blocks in February. Overall spending from both the public and pri...
Thu, Mar 29 2018, 11:07 AM
ATTOM Data Solutions, formerly known to us as RealtyTrac, has released an affordability report which shows that median home prices in the first quarte...
Wed, Mar 28 2018, 2:49 PM
The long-planned Uniform Mortgage-Backed Security (UMBS), designed to replace the current to be announced- (TBA) eligible MBS issued separately by Fan...
Wed, Mar 28 2018, 10:39 AM
While it didn't serve to completely recoup the 4.7 percent loss in January, pending home sales did snap back strongly in February . The National Assoc...
Wed, Mar 28 2018, 8:27 AM
Applications for both refinancing and home purchases gained ground during the week ended March 23. The result was the largest week-over-week gains for...
Tue, Mar 27 2018, 10:18 AM
It should hardly come as a surprise, each month the report from the S&P CoreLogic Case Shiller home price report starts the same way, "home prices con...
Mon, Mar 26 2018, 4:57 PM
Positive attitudes toward home buying still predominated in the National Association of Realtors® (NAR) most recent Housing Opportunities and Market E...
Mon, Mar 26 2018, 11:13 AM
It is conventional wisdom that homeownership is key to household wealth , and the National Association of Home Builders makes a convincing argument fo...
Fri, Mar 23 2018, 1:10 PM
Per loan profits of Independent mortgage banks and mortgage subsidiaries of chartered banks fell dramatically in the fourth quarter of 2017. The Mortg...
Fri, Mar 23 2018, 12:34 PM
There was much better news in February than in January regarding new home sales. Those sales had been reported down by 7.8 percent on top of a 9.3 per...
Fri, Mar 23 2018, 11:14 AM
Mortgage rates have increased 49 basis points since the first of the year, with the 30-year fixed rate mortgage (FRM) standing at 4.44 percent on Marc...
Thu, Mar 22 2018, 10:51 AM
As interest rates rise and refinancing declines, the impact is beginning to manifest in the loan prepayment rate . The single month mortality rate (SS...
Thu, Mar 22 2018, 10:07 AM
Home prices took a big leap in January , at least according to the Federal Housing Finance Agency's (FHFA's) seasonally adjusted House Price Index (HP...
