Thu, Nov 16 2017, 9:50 AM
Richard Cordray, first Director of the Consumer Financial Protection Bureau (CFPB), will leave the agency at the end of the month. Cordray announced h...
Wed, Nov 15 2017, 12:24 PM
With new home building still lagging other measures of the housing recovery, and lean inventories of new homes causing shortages of existing homes as ...
Wed, Nov 15 2017, 10:29 AM
FHA's Mortgage Insurance Fund (MIF) lost ground this past year, which is bad news for those hoping for a cut in its fees. The Department of Housing an...
Wed, Nov 15 2017, 8:56 AM
The week ended November 10 saw a strong pickup in applications for refinancing but continued weakness in those for home purchases. The Mortgage Banker...
Tue, Nov 14 2017, 11:24 AM
The Mortgage Bankers Association (MBA) says that information collected through its Builder Application Survey (BAS), shows mortgage applications for n...
Tue, Nov 14 2017, 10:52 AM
To no one's surprise, measures of mortgage distress , including delinquencies, serious delinquencies, and foreclosures, were down again in August , wi...
Tue, Nov 14 2017, 10:00 AM
Most households buy a home to live in and raise a family. Consequently, they may not view a home as a financial asset in the same way they view their ...
Fri, Nov 10 2017, 12:55 PM
Someone must have passed a law; if it is November, you must publish something debunking bubbles. The saturation point is near, but the latest contribu...
Thu, Nov 9 2017, 4:56 PM
In June the National Association of Realtors® (NAR) released a "working paper" from the Rosen Consulting Group and the Fisher Center for Real Estate a...
Wed, Nov 8 2017, 3:52 PM
Fannie Mae blamed diminished confidence in both buying and selling a home for a 3.1 percentage point drop in its Home Purchase Sentiment Index (HPSI) ...
Wed, Nov 8 2017, 12:08 PM
According to CoreLogic, it doesn't matter whether you rent or recently bought a home, your housing costs probably went up over the last year. Two sepa...
Wed, Nov 8 2017, 9:11 AM
Mortgage application activity was generally muted last week accoording to the Mortgage Bankers Association (MBA). Where there were changes in the MBA'...
Tue, Nov 7 2017, 11:37 AM
Data from CoreLogic could be sounding a bubble alarm. The company's Home Price Report for September jumped almost a point from the previous month, and...
Tue, Nov 7 2017, 9:56 AM
During the first eight months of 2017, home prices increased at the fastest clip than any equivalent time period since 2013. Black Knight Financial Se...
Tue, Nov 7 2017, 9:56 AM
Access to mortgage credit changed very little over the first nine months of 2017, and when there were increases, it seemed always to be the availabili...
Mon, Nov 6 2017, 11:20 AM
The last of a series of three working papers on the hurdles hampering homeownership was introduced on Friday in conjunction with the 2017 Realtors® Co...
Fri, Nov 3 2017, 10:43 AM
While the National Association of Home Builders (NAHB) was fast out of the box yesterday, slamming the newly released Republican tax reform proposal, ...
Fri, Nov 3 2017, 10:14 AM
The second in a scheduled three-part hearing on Sustainable Housing Finance was held on Thursday by the Housing and Insurance subcommittee of the Hous...
Thu, Nov 2 2017, 3:46 PM
Congressional leadership and the Trump Administration stand accused of " abandoning middle-class taxpayers in favor of high-income Americans and wealt...
Thu, Nov 2 2017, 11:52 AM
The rate of appreciation slowed a bit, but home prices both nationally and in most major metropolitan areas grew substantially in the third quarter of...
Thu, Nov 2 2017, 11:41 AM
There was a slight increase in total spending on construction in September. The U.S. Census Bureau says that all construction put in place during the ...
Wed, Nov 1 2017, 12:01 PM
Fannie Mae's Book of Business increased at a compounded annual rate of 2.7 percent in September to a value of $3.196 trillion compared to $3.188 trill...
Wed, Nov 1 2017, 11:51 AM
Whenever housing prices rise faster than the rate of inflation, the question arises, are we in a housing bubble? Two Urban Institute (UI) analysts, Bi...
Wed, Nov 1 2017, 8:10 AM
The week ended October 27 saw yet another decline in mortgage applications, making it the sixth week out of the last seven that the Mortgage Bankers A...
Tue, Oct 31 2017, 12:47 PM
The overall homeownership rate barely budged in the third quarter of 2017, and remains only 1 percentage point above its all-time low reached in the s...
Tue, Oct 31 2017, 10:14 AM
It is increasingly hackneyed to say it, but home price appreciation accelerated yet again in August. The S&P CoreLogic Case-Shiller U.S. National Home...
Tue, Oct 31 2017, 9:23 AM
A new tool to measure the nation's largest consumer credit market came on-line this week. The new Mortgage Performance Trends tool, launched by the Co...
Mon, Oct 30 2017, 11:35 AM
The demand, steady gains in employment, low interest rates, and higher rents are all incentives to buy a home. But the National Association of Realtor...
Mon, Oct 30 2017, 9:36 AM
We know that politics makes strange bedfellows. Still we get confused when they rise up and switch partners in the middle of the night. A mere 25 days...
Mon, Oct 30 2017, 9:35 AM
While home prices set yet another national peak in August, the change from July was the second smallest of the year, at least as measured by Black Kni...
Thu, Oct 26 2017, 12:49 PM
In August, MND published a summary of an analysis of the current state of the adjustable rate mortgage (ARM). CoreLogic's senior professional economis...
Thu, Oct 26 2017, 10:32 AM
We called the August pending home sales report "the gloomiest in some time." The best that can be said about the report released this morning for Sept...
Wed, Oct 25 2017, 2:00 PM
David H. Stevens, president and CEO of the Mortgage Bankers Association (MBA) has announced his retirement. Stevens, who has led MBA since 2011, has a...
Wed, Oct 25 2017, 10:40 AM
Analysts had predicted new home sales number would retreat again in September, on the heels of a 9.4 percent loss in August. Whoops! September's resul...
Wed, Oct 25 2017, 9:55 AM
Most forecasts at the end of 2016 called for a gradual slowdown in the pace of home price appreciation. Depending upon whom you asked, growth was supp...
Wed, Oct 25 2017, 9:08 AM
The Mortgage Bankers Association's (MBA's) Market Composite Index, a measure of overall mortgage application volume, ended a four week slide during th...
Tue, Oct 24 2017, 6:30 PM
Like both Freddie Mac and Fannie Mae, the Mortgage Bankers Association (MBA's) is anticipating that mortgage originations in 2018 will not match up to...
Tue, Oct 24 2017, 10:21 AM
The number of affordable rental units available to low and very low-income households is falling according to a new analysis from Freddie Mac. Not onl...
Mon, Oct 23 2017, 6:02 PM
Like Fannie Mae, Freddie Mac's economists are viewing the disruptions from the recent hurricanes as short-lived . The 33,000-job loss in September, fo...
Mon, Oct 23 2017, 5:57 PM
It has been a tumultuous and unpredictable year. That was how David H. Stevens, President and CEO of the Mortgage Bankers Association framed his remar...
Fri, Oct 20 2017, 12:49 PM
While it sometimes seems as though Americans live online, there is still apparently one area where they still value human contact. A recent survey con...
Fri, Oct 20 2017, 10:53 AM
It was only a small gain , albeit larger than analysts expected, but after three straight months of sliding sales, the existing home sales report for ...
Fri, Oct 20 2017, 9:39 AM
Refinancing increased its share of total originations in September, rising 3 percentage points from August to 38 percent of all closed loans. Ellie Ma...
Thu, Oct 19 2017, 2:59 PM
Home remodeling activity reported by builders increased in the third quarter and remains above the benchmark 50 level for the 18 th consecutive quarte...
Thu, Oct 19 2017, 9:42 AM
A new Bulletin from Freddie Mac makes several changes to its Seller Guide . The most impactful changes relate to the way sellers can calculate student...
Wed, Oct 18 2017, 9:58 AM
The U.S. Census Bureau is mum on causation, but results from the southern region would indicate that the August and September hurricanes probably drov...
Wed, Oct 18 2017, 9:51 AM
Fannie Mae has lowered its third quarter projections for GDP growth by 0.2 percent to an annualized 2.4 percent based on its assessment of the overall...
Wed, Oct 18 2017, 9:12 AM
The volume of mortgage applications increased last week for the first time since early September. The Mortgage Bankers Association (MBA) said its Mark...
Tue, Oct 17 2017, 10:35 AM
After reacting strongly to Hurricanes Harvey and Irma with a four-point drop in September, the Housing Market Index (HMI) regained its footing in Octo...
Tue, Oct 17 2017, 10:26 AM
It has been a rather dismal spring and summer for construction, one in which permitting has declined in three out of the last four months. Going more ...
