Thu, Aug 3 2017, 11:07 AM
While adjustable rate mortgages (ARMs) make up only a fraction of mortgage originations (just over 6 percent in the most recent Mortgage Bankers Assoc...
Wed, Aug 2 2017, 12:34 PM
Federal Housing Finance Agency Director Melvin L. Watt focused much of his speech to the National Association of Real Estate Brokers (NAREB) on its fi...
Wed, Aug 2 2017, 10:13 AM
In April, the Mortgage Bankers Association (MBA) published its proposal for reform of the housing finance system. This week Mike Fratantoni, MBA's Chi...
Wed, Aug 2 2017, 9:41 AM
The National Association of Home Builders (NAHB) has strongly endorsed passage of a bill, recently introduced into the U.S. Senate which the trade gro...
Wed, Aug 2 2017, 8:43 AM
The volume of mortgage applications declined during the week ended July 28. There were fewer applications for both purchase mortgages and refinancing ...
Tue, Aug 1 2017, 12:11 PM
Construction spending, both public and private, dropped 1.3 percent in June . Spending was at a seasonally adjusted annual rate of $1.21 trillion comp...
Tue, Aug 1 2017, 10:44 AM
Home prices chalked up another healthy gain in June . CoreLogic reports that its Home Price Index (HPI) marked a 6.7 percent increase compared to the ...
Mon, Jul 31 2017, 11:39 AM
Pending home sales recovered from a three-month swoon in June, increasing 1.5 percent in June. The National Association of Realtors® (NAR) said its Pe...
Mon, Jul 31 2017, 9:10 AM
The last of the May's four home price indices (HPI) that MND tracks, the version supplied by Black Knight Financial Services, was released on Monday. ...
Fri, Jul 28 2017, 11:46 AM
The U.S. homeownership rate ticked up by 0.1 percentage point in the second quarter of 2017, to 63.7 percent. The rate, which trended down for several...
Fri, Jul 28 2017, 9:29 AM
Freddie Mac's Outlook this month looks at what it calls "the spoiler," the lean inventory of newly constructed homes for sale. While the situation isn...
Thu, Jul 27 2017, 2:22 PM
Freddie Mac has announced a change in requirements for its Home Possible Mortgages, including Home Possible Advantage Mortgages. The changes involve l...
Thu, Jul 27 2017, 2:16 PM
The mortgage servicing industry, which took a beating in the public mind during the housing crisis, has somewhat rehabilitated its image in recent yea...
Thu, Jul 27 2017, 10:39 AM
Freddie Mac is projecting that 2017 will be another good year for multi-family housing. The company, a major presence in financing multifamily housing...
Wed, Jul 26 2017, 10:09 AM
New home sales pulled out a slight month-over-month gain in June only because estimates of sales in May were revised down. The U.S. Census Bureau and ...
Wed, Jul 26 2017, 8:31 AM
A decline in purchase mortgage applications cancelled out most of a moderate increase in refinancing during the week ended July 21. Nonetheless, the M...
Tue, Jul 25 2017, 2:08 PM
Unless one follows the Fannie Mae/Freddie Mac conservatorship drama on a regular basis, it is easy to get lost in the legal weeds. MND has dipped in a...
Tue, Jul 25 2017, 10:42 AM
The S&P CoreLogic Case-Shiller National Home Price Index hit another new record in May, the sixth consecutive month it did so while the Federal Housin...
Mon, Jul 24 2017, 11:35 AM
Most of the major proposals for reforming the housing finance system rely on two steps to minimize the risk that any one or two institutions, and in t...
Mon, Jul 24 2017, 11:30 AM
Existing home sales slipped in June, with the blame again placed on low levels of inventory . The decline in sales, announced on Monday by the Nationa...
Fri, Jul 21 2017, 11:29 AM
It remains to be seen if it passes into law, or how it will hold up during the process, but housing industry groups say an agreement has been hammered...
Thu, Jul 20 2017, 3:39 PM
The single agency security toward which the GSEs, Fannie Mae and Freddie Mac and their regulator, the Federal Housing Finance Agency (FHFA), have been...
Thu, Jul 20 2017, 9:28 AM
Refinancing held its ground in June, with that share of the mortgage market remaining at 32 percent. While that is a significant decline from the 47 p...
Thu, Jul 20 2017, 9:15 AM
Black Knight Financial Services said on Thursday that continued low interest rates fostered another increase in prepayments . The national prepayment ...
Wed, Jul 19 2017, 9:48 AM
Housing permits and starts both reversed their respective two-month slides in June, and both did so convincingly , far outpacing analysts' expectation...
Wed, Jul 19 2017, 8:24 AM
Mortgage application volume bounced back during the week ended July 14, following a sharp downturn a week earlier. That week had been shortened by the...
Tue, Jul 18 2017, 11:43 AM
Our neighbors to the north seem to think the grass is pretty green on this side of the fence. The National Association of Realtors® (NAR) says that fo...
Tue, Jul 18 2017, 10:38 AM
Home builder confidence continues backing down from its post-crisis peak earlier this year, although the National Association of Realtors (NAHB) calls...
Mon, Jul 17 2017, 1:02 PM
Applications for mortgages to purchase newly constructed homes posted what was termed a seasonal decline in June. The Mortgage Bankers Association sai...
Mon, Jul 17 2017, 1:01 PM
Fannie Mae said it is sticking with its forecast for 2.0 percent economic growth in 2017, a projection it first made in February. The estimate of 2.1 ...
Fri, Jul 14 2017, 3:47 PM
Community banks and credit unions may soon be subject to new guidelines that will require them to report information on home equity lines of credit, d...
Fri, Jul 14 2017, 10:12 AM
Credit availability appeared to have improved slightly in June as three of the four components in the Mortgage Bankers Association's (MBA's) Mortgage ...
Fri, Jul 14 2017, 9:33 AM
Redfin, the Seattle-based real estate company, says that the drought in listings that has affected the inventory of homes for sale marked its 21 st mo...
Thu, Jul 13 2017, 12:39 PM
Unlike many other countries, America has a consumer-driven economy. The National Association of Home Builders (NAHB), in a couple of recent entries in...
Wed, Jul 12 2017, 12:05 PM
Time heals all wounds as the old saying goes, and the decade that has passed since the housing crisis seems to have allowed many Americans to recover ...
Wed, Jul 12 2017, 9:02 AM
Americans were apparently more interested in picnics and fireworks last week than in buying or refinancing their homes. At least that's what we might ...
Tue, Jul 11 2017, 3:40 PM
The Bureau of Labor Statistics monthly Job Openings and Labor Turnover Survey (JOLTS) for May showed fewer job openings than analysts had expected, 5....
Tue, Jul 11 2017, 11:54 AM
While the overall percentage of non-current mortgage loans declined over the 12 months that ended in April, there was an uptick of those in the early ...
Tue, Jul 11 2017, 9:34 AM
Black Knight's current Mortgage Monitor notes that refinances are increasingly being driven by a cash-out rather than interest rate motives both becau...
Mon, Jul 10 2017, 9:35 AM
The housing industry has been looking for a slowdown in home price growth for several years, but quite the contrary has occurred. Black Knight Financi...
Fri, Jul 7 2017, 3:33 PM
The Consumer Financial Protection Bureau (CFPB) has announced final updates to it "Know Before You Owe" mortgage disclosure rule which went into effec...
Fri, Jul 7 2017, 10:46 AM
It may be good news for those skinny housing inventories, homebuyers are allegedly confronting that increasing numbers of homeowners think now is a go...
Thu, Jul 6 2017, 3:20 PM
According to Federal Reserve Governor Jerome H. Powell, the current housing finance status quo may feel comfortable , but it is also unsustainable . P...
Thu, Jul 6 2017, 3:16 PM
CoreLogic, which maintains it employs "the largest panel of appraisers in the country ," looked at the possibilities for regulatory changes to the ind...
Thu, Jul 6 2017, 8:39 AM
In a report delayed from its usual Wednesday release by the July 4 th holiday, The Mortgage Bankers Association (MBA) said on today that increased pur...
Wed, Jul 5 2017, 12:07 PM
Redfin, the Seattle-based real estate brokerage (among other things) company is expected to soon take its place on the Nasdaq. The company filed a lon...
Wed, Jul 5 2017, 10:20 AM
Home prices ratcheted down their rate of gains in May, although as they say, it is all relative. After jumping by 1.6 percent in both March and April,...
Mon, Jul 3 2017, 10:51 AM
Construction spending was essentially flat in May when compared to April. The U.S. Census Bureau said on Monday that there were seasonally adjusted an...
Mon, Jul 3 2017, 9:12 AM
Fannie Mae's Book of Business increased at a compounded annual rate of 1.5 percent in April to a value of $3.168 trillion compared to $3.164 trillion ...
Fri, Jun 30 2017, 1:02 PM
"Mortgage borrowers frequently make costly refinancing mistakes by either refinancing when they should wait, or by waiting when they should refinance....
