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 ...
Fri, Oct 13 2017, 10:56 AM
The Mortgage Bankers Association's Mortgage Credit Access Index, released earlier this week, showed continued slight easing in the credit markets, esp...
Thu, Oct 12 2017, 11:01 AM
The Mortgage Bankers Association (MBA) is forecasting that a significant decline in new home sales occurred last month. However, like much of the othe...
Thu, Oct 12 2017, 9:46 AM
With home prices nearly back to where they were when the housing crisis began, CoreLogic's principal economist Molly Boesel compares the duration of t...
Wed, Oct 11 2017, 8:18 AM
The Mortgage Bankers Association (MBA) said mortgage applications were down during the week ended October 6, falling 2.1 percent from the previous wee...
Tue, Oct 10 2017, 12:19 PM
Credit access hasn't improved much over the last year unless one is shopping for a jumbo mortgage loan. The Mortgage Bankers Association (MBA) noted a...
Tue, Oct 10 2017, 11:56 AM
National delinquency rates continue at 10-year lows , and both early delinquency and transition rates are stable as well. But CoreLogic, in its July L...
Tue, Oct 10 2017, 9:28 AM
The costs of the recent hurricanes that struck in August and September are coming home to roost. The first two in the recent rolling series are, in fa...
Fri, Oct 6 2017, 10:23 AM
While earlier generations tended to pay off their mortgages before they retired, the leading edge of Baby Boomers, now in their late 60s and early 70s...
Thu, Oct 5 2017, 11:19 AM
Is it time to bid farewell to an American-as-Apple-Pie tax deduction? Maybe. After 75 years of supporting it against all assaults, the National Associ...
Wed, Oct 4 2017, 11:48 AM
While assuring members of Congress that it is their role to make decisions about housing finance reform, Melvin L. Watt, Director of the Federal Housi...
Wed, Oct 4 2017, 8:33 AM
Once again, a slowdown in refinancing overcame a slight improvement in applications for purchase mortgages, sending the Mortgage Bankers Association's...
Tue, Oct 3 2017, 11:14 AM
The highest property taxes in 2016 were paid by homeowners New Jersey, and the lowest were in Alabama. The difference between the two was impressive; ...
Tue, Oct 3 2017, 10:27 AM
Home prices posted strong increases again in August. CoreLogic's Home Price Index was up 0.9 percent on a month-over-month basis, the same gain it pos...
Mon, Oct 2 2017, 1:35 PM
Construction spending in August came in a little higher than expected, posting the first increase in three months. Unlike housing starts and completio...
Mon, Oct 2 2017, 12:18 PM
Even though Hurricane Harvey didn't hit the Houston area until very late in August, its effects are already being felt on mortgage performance. Black ...
Fri, Sep 29 2017, 12:23 PM
Mortgage fraud may be both more prevalent than lenders know and more insidious than they realize according to Bridget Berg, a principal in Industry So...
Thu, Sep 28 2017, 10:38 AM
While it is still within what is considered normal limits, credit risk did move higher among loans originated during the second quarter of the year. C...
Wed, Sep 27 2017, 12:51 PM
Ginnie Mae, is a wholly owned U.S. government corporation that guarantees and securitizes pools of mortgages originated through FHA, Veterans Administ...
Wed, Sep 27 2017, 10:22 AM
The prospects for home sales weakened further in August, and the National Association of Realtors® (NAR) has downgraded its sales forecast for the rem...
Wed, Sep 27 2017, 9:10 AM
A second consecutive downturn in refinancing volume during the week ended September 22 offset one of the best weeks for purchase mortgage applications...
Tue, Sep 26 2017, 10:43 AM
New home sales were down again in August, following a 9.4 percent plunge in July. The U.S. Census Bureau and the Department of Housing and Urban Devel...
Tue, Sep 26 2017, 9:59 AM
The S&P CoreLogic Case-Shiller U.S. National Home Price Index accelerated again in July , posting a 5.9 percent year-over-year gain compared to 5.8 pe...
Mon, Sep 25 2017, 12:38 PM
Since the fourth quarter of 2016, lenders have increasingly reported to Fannie Mae that they have been loosening their home mortgage credit standards....
Mon, Sep 25 2017, 10:37 AM
Home sales might be a bit disappointing, but the National Association of Realtors® (NAR) says consumer attitudes about the economy are not the reason ...
Mon, Sep 25 2017, 9:29 AM
After accelerating on a year-over-year basis through every previous month in 2017, the rate of home price appreciation appears to have stabilized in J...
Fri, Sep 22 2017, 12:26 PM
Refinancing accounted for 35 percent of all mortgages originated in August, unchanged from July, but down from 47 percent at the beginning of the year...
Fri, Sep 22 2017, 11:14 AM
Sometimes government gets it right. The Urban Institute (UI) clearly thinks that the Home Affordable Refinance Program, at least in its second iterati...
Fri, Sep 22 2017, 9:18 AM
Rising home prices continue to fuel fast growth in household equity. CoreLogic said on Thursday that owners of mortgaged properties in the U.S. (rough...
Thu, Sep 21 2017, 12:36 PM
Hard to believe it's already that time again, but Freddie Mac's Economic and Housing Research Group are out with their forecast for 2018. The headline...
Thu, Sep 21 2017, 9:48 AM
Home prices increased by 0.2 percent from June to July according to the Federal Housing Finance Agency's (FHFA's) House Price Index (HPI). The previou...
Wed, Sep 20 2017, 10:53 AM
August was yet another disappointing month for existing home sales. The National Association of Realtors® (NAR) says those sales were down for the fou...
Wed, Sep 20 2017, 8:52 AM
Overall mortgage application activity diminished significantly during the week ended September 15, but refinancing continued to hold its own, represen...
Tue, Sep 19 2017, 1:42 PM
Jumbo refinances led the way as mortgage fraud risk posted another gain in the second quarter of 2017. CoreLogic reports that overall risk, as measure...
Tue, Sep 19 2017, 10:03 AM
Residential construction outcomes in August were mixed, with permitting enjoying a strong comeback after more than a 4 percent downturn in July, but h...
Mon, Sep 18 2017, 12:21 PM
A new study is providing more evidence that student debt is disrupting the lifecycle of the housing market. The survey, conducted jointly by the Natio...
Mon, Sep 18 2017, 10:36 AM
Hurricanes Harvey and Irma, which ravaged Texas and Florida respectively, are taking at least some of the blame for diminishing builder confidence in ...
Mon, Sep 18 2017, 9:29 AM
In the literal wake of a second major hurricane in as many weeks, Black Knight Financial Services is again warning of some potentially disastrous outc...
Fri, Sep 15 2017, 11:11 AM
The Consumer Financial Protection Agency (CFPB) does not provide guidance to the financial institutions it regulates. Instead it has evolved into a re...
Wed, Sep 13 2017, 10:13 AM
CoreLogic reported on Tuesday that the national mortgage delinquency rate in June was again the lowest in nearly a decade . The company's Loan Perform...
