Thu, Feb 15 2018, 2:04 PM
While the prospect of Fannie Mae and Freddie Mac needing taxpayer money conjures up images of a failing mortgage market requiring a government bailout...
Thu, Feb 15 2018, 10:37 AM
New home builders are looking ahead, and the National Association of Home Builders (NAHB) says this optimism was reflected in its Housing Market Index...
Thu, Feb 15 2018, 10:33 AM
Although it has been declared by many in Congress as "dead on arrival" the Trump Administration's proposed 2019 budget appears more predicated on anot...
Wed, Feb 14 2018, 12:19 PM
Is homeownership still the American Dream? Should it be? An article published in the Journal of Economic Perspectives argues while the former has long...
Wed, Feb 14 2018, 9:33 AM
The Mortgage Bankers Association (MBA) is forecasting a sizable jump in new home sales in January. Based on responses to its Builder Application Surve...
Wed, Feb 14 2018, 9:10 AM
Purchase mortgage applications, after starting out strong at the beginning of the year, stalled for the third straight time last week, bringing overal...
Tue, Feb 13 2018, 11:42 AM
While home price increases softened slightly in the fourth quarter of last year, the National Association of Realtors® (NAR) said, an uptick in existi...
Tue, Feb 13 2018, 9:53 AM
Last fall's hurricanes again dominate the CoreLogic November Loan Performance Insights Report, although the nature of the storms' influence has change...
Mon, Feb 12 2018, 4:33 PM
In 2011, when Congress and the Obama Administration wanted to give taxpayers a temporary 2.0 percentage point reduction in payroll (FICA and Medicare)...
Mon, Feb 12 2018, 9:18 AM
Last year Congress failed to pass a sweeping bill repealing much of the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act. It appear...
Fri, Feb 9 2018, 11:29 AM
A small group of VA approved issuers have been warned that the speed at which their loans are being prepaid makes it appear they are participating in ...
Thu, Feb 8 2018, 12:27 PM
The National Delinquency Survey (NDS), a quarterly measure of mortgage performance from the Mortgage Bankers Association (MBA), found delinquencies in...
Wed, Feb 7 2018, 12:02 PM
Five of the six components that make up Fannie Mae's Home Purchase Sentiment Index (HPSI) rose in January, pushing the index to an all-time high . HPS...
Wed, Feb 7 2018, 8:36 AM
Mortgage activity increased slightly during the week ended February 1. The Mortgage Bankers Association (MBA) says its Market Composite index, a measu...
Tue, Feb 6 2018, 11:48 AM
Mortgage credit availability increased significantly in January. The Mortgage Bankers Association said its Mortgage Credit Availability Index (MCAI) r...
Tue, Feb 6 2018, 10:21 AM
CoreLogic's Home Price Index (HPI) finished up 2017 a little lower than when the year started but showing some additional slowing from later in the ye...
Mon, Feb 5 2018, 12:21 PM
CoreLogic continued its series of blog articles related to appraisals with an analysis of the appreciation rate when an appraisal has come in above th...
Mon, Feb 5 2018, 9:42 AM
As more time elapses since the three hurricanes that impacted parts of the U.S. in late summer to mid fall, additional damage to the mortgage market i...
Fri, Feb 2 2018, 8:07 PM
The aging of America seems to be stoking the enthusiasm of homebuilders about catering to the senior set. The National Association of Home Builders (N...
Thu, Feb 1 2018, 12:37 PM
Construction spending wound up the year with positive numbers for December and an increase in overall spending for the year . The U.S. Census Bureau t...
Thu, Feb 1 2018, 10:52 AM
There was a partial win for the plaintiff in there somewhere, but the District of Columbia Circuit Court of Appeals reversed its earlier decision on W...
Wed, Jan 31 2018, 12:47 PM
Loan applications are increasingly submitted and approved via a cell phone and Fannie Mae, and Freddie Mac constantly refer in press releases to their...
Wed, Jan 31 2018, 10:49 AM
Pending home sales finished off the year in a more upbeat tune. Although the December gain in sales, reported on Wednesday by the National Association...
Wed, Jan 31 2018, 8:40 AM
Mortgage activity suffered its first downturn of 2018 last week, breaking a three-week winning streak. The Mortgage Bankers Association (MBA) reports ...
Tue, Jan 30 2018, 1:08 PM
The national homeownership rate ticked up slightly in the fourth quarter of 2017, but the U.S. Census Bureau said the change, from 63.9 percent in the...
Tue, Jan 30 2018, 10:13 AM
Home price gains picked up the pace again in November according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. The index, which cov...
Mon, Jan 29 2018, 9:22 AM
Home prices measured by Black Knight's Home Price Index (HPI) achieved their 67 th consecutive year-over year increase in November. The HPI rose 6.44 ...
Fri, Jan 26 2018, 10:09 AM
Freddie Mac reported today that its total mortgage portfolio increased at an annualized rate of 9.0 percent in December. The portfolio balance at the ...
Thu, Jan 25 2018, 10:45 AM
After three solid months of new home sales, some give-back could only be expected ; exactly what happened in December. The Census Bureau and the Depar...
Wed, Jan 24 2018, 11:22 AM
Despite a poor showing in December , existing home sales in 2017 were the best levels in 11 years. The National Association of Realtors® (NAR) said th...
Wed, Jan 24 2018, 9:56 AM
The Federal Housing Finance Agency said its House Price Index (HPI) racked up a 0.4 percent gain in November and the 0.5 percent appreciation rate rep...
Wed, Jan 24 2018, 8:31 AM
Mortgage applications continue on the tear they started during the first week of 2018. The Mortgage Bankers Association's (MBA's) Market Composite Ind...
Tue, Jan 23 2018, 3:49 PM
Fannie Mae's Economic and Strategic Research Group (ESR) focused on the new Tax Cuts and Jobs Act, passed late last year, in its January Economic Deve...
Tue, Jan 23 2018, 10:13 AM
Black Knight notes a significant uptick in seriously delinquent mortgages in December. The number of loans that were 90 or more days overdue increased...
Mon, Jan 22 2018, 5:13 PM
With a stop-gap funding bill likely to be approved tonight, the following will not be germane for long, but it could serve as a template for the next ...
Mon, Jan 22 2018, 12:15 PM
Last year's Federal Reserve actions, raising the target interest rate three times, led to about a 0.75 percentage point increase in the 1-year Constan...
Fri, Jan 19 2018, 12:44 PM
The bidding wars are back . With home prices and sales back to or above pre-crisis levels and the inventory of available homes at records lows, CoreLo...
Fri, Jan 19 2018, 11:30 AM
Bloomberg News is reporting on a proposal from Federal Housing Finance Agency (FHFA) Director Melvin Watt regarding the future of Fannie Mae and Fredd...
Fri, Jan 19 2018, 9:33 AM
While recently passed Tax Cuts and Jobs Act will benefit the take-home pay of most Americans, and allow them to save up to buy a home if they wish, ot...
Thu, Jan 18 2018, 12:27 PM
There is a rather unusual request up on the Federal Housing Finance Agency's (FHFA's) website. Two FHFA analysts, saying that the issue of updating th...
Thu, Jan 18 2018, 9:57 AM
Both housing starts and permits were expected to retreat a bit in December , following their strong performances in October and November. Permits did ...
Thu, Jan 18 2018, 9:36 AM
The new tax law appeared to have slightly influenced mortgage originations in December, ahead of its actual implementation. Ellie Mae, in its December...
Thu, Jan 18 2018, 9:30 AM
Since 2006, mortgage interest rates have fallen 242 basis points, from 6.41 percent to 3.99 percent. A decline of 246 basis points in the 10-Year Trea...
Wed, Jan 17 2018, 1:54 PM
Several housing authorities recently suggested changes to the form and operation of the Home Equity Conversion Mortgage (HECM) program, more commonly ...
Wed, Jan 17 2018, 10:41 AM
The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which hit an 18-year high in December, backed off a bit this ...
Wed, Jan 17 2018, 8:36 AM
Mortgage activity continued strong during the second week of the New Year. The Mortgage Bankers Association (MBA) reports that its Market Composite In...
Tue, Jan 16 2018, 11:00 AM
Builders are building more houses, but a survey conducted by the National Association of Home Builders (NAHB) found they are essentially building the ...
Thu, Jan 11 2018, 3:27 PM
A Ginnie Mae official told Congress this week that his agency has growing concerns over the incidence of "loan churning" in the VA mortgage program. M...
Thu, Jan 11 2018, 10:17 AM
Despite the usual holiday lull in overall mortgage applications, the demand for newly constructed homes increased in December. The Mortgage Bankers As...
Wed, Jan 10 2018, 12:26 PM
They may be a little late to the game, but John McManus, publisher of BuilderOnLine.com , is betting home builders are about to get a dose of digital ...
