Tue, Dec 26 2017, 11:00 AM
Prices maintained their upward trajectory in October, with gains on a national level outstripping those in September. The S&P CoreLogic Case-Shiller U...
Tue, Dec 26 2017, 9:19 AM
Among the house price indexes covered by MND, the one provided by Black Knight has shown the most consistent pattern of diminishing appreciation in re...
Fri, Dec 22 2017, 10:39 AM
New home sales pulled off another surprise in November. Sales had posted monthly gains of 6.2 percent and 14.2 percent in September and October, landi...
Thu, Dec 21 2017, 12:13 PM
Ellie Mae has picked up indications of what it says it will be watching as a possible trend in the data from its November Origination Insight Report. ...
Thu, Dec 21 2017, 10:21 AM
The Federal Housing Finance Agency's (FHFA's) House Price Index (HPI) for September slowed to its lowest level since January , 6.3 percent and the mon...
Thu, Dec 21 2017, 9:40 AM
Agreement has been reached between the Federal Housing Finance Agency (FHFA) and the Department of the Treasury to reinstate a $3 billion capital rese...
Wed, Dec 20 2017, 11:04 AM
Existing home sales pulled off a hat trick in November, and the third successive monthly increase was a substantial one. The National Association of R...
Wed, Dec 20 2017, 9:23 AM
Mortgage credit risk has edged up over the last year, but CoreLogic says that it remains well within an acceptable range , comparable to that of loans...
Wed, Dec 20 2017, 9:14 AM
The mortgage volume summary issued by the Mortgage Bankers Association for the week ended December 15, and the last before its two-week Christmas hiat...
Tue, Dec 19 2017, 11:05 AM
The idea that it is a good time to buy a home appears to be losing ground . The National Association of Realtors'® (NAR's) new fourth quarter Housing ...
Tue, Dec 19 2017, 9:53 AM
After a surprisingly good report in October, with all three measures of residential construction activity rising significantly, analysts were expectin...
Mon, Dec 18 2017, 5:16 PM
Despite the disruptions from several hurricanes and an expected drag from trade in the fourth quarter, Fannie Mae says it expects 2017 to finish with ...
Mon, Dec 18 2017, 10:39 AM
Builder confidence shot up in December, reaching the highest level the National Association of Home Builders (NAHB) has recorded in 18 years . NAHB sa...
Fri, Dec 15 2017, 11:22 AM
There has been a flurry of news about the two GSEs, Fannie Mae and Freddie Mac, in the last few weeks. The House Financial Services Committee recently...
Thu, Dec 14 2017, 11:17 AM
The use of Automated Valuation Models (AVM) is expected to expand following the announced plans of the Fannie Mae and Freddie Mac to waive the require...
Thu, Dec 14 2017, 9:23 AM
Homebuyers ponied up the highest downpayments on record to purchase homes in the third quarter of 2017. ATTOM Data Solutions' (formerly RealtyTrac) Re...
Wed, Dec 13 2017, 1:04 PM
Realtors are expressing concern over three measures that exist in either the House or the Senate versions of the Republican tax cut bill and have sent...
Wed, Dec 13 2017, 9:49 AM
Both Freddie Mac and Fannie Mae announced this week that evictions from foreclosed single-family and two-to-four-unit properties owned by the GSEs wil...
Wed, Dec 13 2017, 8:30 AM
Applications for mortgages, both for home purchases and refinancing, declined during the week ended December 8. The Mortgage Bankers Association (MBA)...
Tue, Dec 12 2017, 10:59 AM
The Mortgage Bankers Association (MBA) projects a decrease in new home sales in November compared to the previous month, but still sees those sales ru...
Tue, Dec 12 2017, 9:58 AM
Loans performed well in September , continuing to erase most of the last vestiges of the market's Great Recession distress. The CoreLogic Performance ...
Mon, Dec 11 2017, 3:07 PM
As banks and government tried to stem the flow of foreclosures during the housing crisis there was a lot of debate (and criticism) about what needed t...
Fri, Dec 8 2017, 12:28 PM
After dropping in October from what had been an all-time high the previous month, Fannie Mae's Home Purchase Sentiment Index (HPSI) resumed its upward...
Fri, Dec 8 2017, 10:34 AM
Loan limits will be rising in 2018 for loans guaranteed by the FHA. The Department of Housing and Urban Development (HUD) announced on Thursday it was...
Thu, Dec 7 2017, 11:47 AM
Nine years after what is acknowledged as the start of the housing crisis about 2.5 million homeowners remain underwater , but that number is down by 0...
Wed, Dec 6 2017, 12:31 PM
"Gig," a term that used to refer mostly to a musician's booking, is now being used to describe a whole sector of the U.S. economy. Fannie Mae defines ...
Wed, Dec 6 2017, 8:34 AM
There was the usual post-holiday resurgence in the volume of mortgage applications last week, following a subdued level of activity the previous week ...
Tue, Dec 5 2017, 10:58 AM
CoreLogic said on Tuesday that home prices rose in October by 0.9 percent compared to September and were 7.0 percent higher than 12 months earlier. Th...
Mon, Dec 4 2017, 3:11 PM
In its Mortgage Monitor for September, Black Knight outlined the first wave of mortgage delinquencies that appeared to be arising out of Hurricanes Ha...
Mon, Dec 4 2017, 9:51 AM
Black Knight, (which has just rebranded itself, dropping "Financial Services from its name), has released an especially meaty Mortgage Monitor for Dec...
Fri, Dec 1 2017, 11:33 AM
Construction expenditures so far this year continue to run ahead of what was spent in 2016, with private construction accounting for most of the incre...
Fri, Dec 1 2017, 9:51 AM
Fannie Mae's Book of Business increased at a compounded annual rate of 1.6 percent in October, to a value of $3.200 trillion compared to $3.195 trilli...
Thu, Nov 30 2017, 12:29 PM
Mortgage bank profits declined in the third quarter of 2017 when compared to the second quarter, but remained substantially higher than in the two rat...
Thu, Nov 30 2017, 9:57 AM
The issue of Fannie Mae and Freddie Mac and their about-to-be-zero capital buffers has fallen off the radar in recent months, but apparently there is ...
Wed, Nov 29 2017, 10:19 AM
Pending home sales posted their first strong showing in three months in October, beating even the most optimistic of predictions. The National Associa...
Wed, Nov 29 2017, 8:45 AM
The short business week preceding the Thanksgiving holiday resulted, as usual, in fewer mortgage applications. The Mortgage Bankers Association said i...
Tue, Nov 28 2017, 2:35 PM
Loan limits were frozen in place at $417,000 for 10 long years after the housing bust, but were finally raised on January 1 of this year. Rapidly incr...
Tue, Nov 28 2017, 10:35 AM
In October, David Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices, said home price increases "appear unstoppab...
Mon, Nov 27 2017, 5:17 PM
Black Knight Financial Services reported on Monday that home prices as measured by its national Home Price Index (HPI) continued to slow on a monthly ...
Mon, Nov 27 2017, 10:49 AM
It wasn't supposed to happen after the banner month for new home sales in September, but sales of those homes rose significantly again in October, jum...
Mon, Nov 27 2017, 9:16 AM
It should be an interesting day at the Consumer Financial Protection Bureau (CFPB). In fact, the Federal Reserve, which is charged with funding the ag...
Wed, Nov 22 2017, 11:42 AM
As predicted, mortgage delinquencies resulting from Hurricanes Harvey and Irma continued to play out in October. Black Knight Financial Services, in i...
Wed, Nov 22 2017, 8:47 AM
This month's half-hearted rally in refinancing didn't last long . During the week that ended November 10, applications for refinancing made up more th...
Tue, Nov 21 2017, 11:00 AM
Existing home sales continued a gradual recovery in October after a summer of sliding sales. For the second straight month the National Association of...
Tue, Nov 21 2017, 9:40 AM
Freddie Mac's Economic and Strategic Research Team gave its forecast for housing in 2018 (which, as discussed below, it is now hedging a bit) in its O...
Mon, Nov 20 2017, 9:28 AM
Mortgage delinquencies surged higher in the third quarter of 2017. Most of the increase came in the early stages of non-performance, and much of it ap...
Fri, Nov 17 2017, 5:29 PM
Housing activity in the third quarter of 2017 is described as "continuing its rough patch" in Fannie Mae's latest edition of Economic Developments . T...
Fri, Nov 17 2017, 10:12 AM
The interest rate for loans originated (closed) in October inched down 1 percentage point to 4.20 percent, the lowest rate thus far in 2017, and the s...
Fri, Nov 17 2017, 9:59 AM
It has been a while since all three measures covered in the residential construction report were strongly positive. In fact, certain metrics bordered ...
Thu, Nov 16 2017, 10:38 AM
Builder confidence increased for the second consecutive month after taking a hit in September from the late summer hurricanes. The National Associatio...