Mon, Jun 26 2017, 10:08 AM
On November 30, 2016 Freddie Mac's economists issued their monthly Outlook which, in light of the sudden surge in interest rates earlier that month, w...
Fri, Jun 23 2017, 2:09 PM
The final installment of a series of working papers produced by the University of Southern California (USC), in partnership with Fannie Mae, looks at ...
Fri, Jun 23 2017, 10:46 AM
The report on May new home sales, released this morning, paints a much brighter picture than last month's release of April data. In that report, the U...
Thu, Jun 22 2017, 9:38 AM
April data from the Federal Housing Finance Agency (FHFA) indicates that, once again, there was no moderation in the pace of home price increases . FH...
Thu, Jun 22 2017, 9:18 AM
Prepayments, apparently spurred by the recent retreat in interest rates, soared in May. Black Knight Financial Services, in its "first look" at the mo...
Thu, Jun 22 2017, 9:17 AM
Originations are increasingly tilted toward home purchase mortgages per the latest Origination Insight Report from Ellie Mae. The May data show the sh...
Wed, Jun 21 2017, 10:22 AM
Existing home sales weren't expected to strengthen in May, in fact analysts were looking for a slight decline. Sales however did manage to recover fro...
Wed, Jun 21 2017, 9:21 AM
The volume of applications for refinancing expanded for the third consecutive time during the week ended June 16. The Mortgage Bankers Association (MB...
Tue, Jun 20 2017, 10:20 AM
New home purchase mortgages became a little riskier in the first quarter of 2017 per CoreLogic. The company said its Housing Credit Index (HCI), which...
Tue, Jun 20 2017, 9:43 AM
Mortgage Bankers Association President and CEO David H. Stevens, has released a statement objecting to one of the three recommendations made this week...
Tue, Jun 20 2017, 9:42 AM
Fannie Mae's Economic and Strategic Research Team hedged a few bets in its June economic summary. It laid out some wild cards while predicting that th...
Mon, Jun 19 2017, 10:58 AM
In some areas, they are called "scrape-offs," but the usual term is tear-down ; demolishing an existing home to build a new one in its place. Tear-dow...
Fri, Jun 16 2017, 10:09 AM
Both permits for construction of privately-owned housing units and beginning construction in May were well below expectations, the second consecutive ...
Fri, Jun 16 2017, 8:54 AM
The Joint Center for Housing Studies (JCHS) at Harvard University has released its latest report on the State of the Nation's Housing . The report, is...
Thu, Jun 15 2017, 2:58 PM
The Mortgage Bankers Association (MBA) is expecting May to provide an uptick in new home sales. Results of MBA's Builder Application Survey indicate t...
Thu, Jun 15 2017, 10:30 AM
Builder confidence in the new home market appeared to take a tumble in June, per the latest survey conducted by the National Association of Home Build...
Wed, Jun 14 2017, 11:46 AM
The Treasury Department has released the first in what it describes as a series of reports to the President looking at the country's financial regulat...
Wed, Jun 14 2017, 8:28 AM
Another week of declining interest rates boosted refinance activity and sent overall mortgage activity higher during the week ended July 9. The Mortga...
Tue, Jun 13 2017, 3:00 PM
CoreLogic reports that mortgage delinquencies in March were at a 10 year low. The company's Loan Performance Insights Report shows that 4.4 percent of...
Mon, Jun 12 2017, 10:48 AM
Does an outdated and sluggish appraisal system give an outsized advantage to cash buyers ? A recent panel discussion sponsored by the Urban Institute ...
Fri, Jun 9 2017, 3:26 PM
Access to mortgage, as measured by the Mortgage Credit Availability Index (MCAI), decreased in May. The Mortgage Bankers Association said the MCAI pul...
Fri, Jun 9 2017, 12:37 PM
Five barriers to homeownership are identified in a new study released on Friday by the National Association of Realtors® (NAR). The white paper, title...
Fri, Jun 9 2017, 10:00 AM
Homeowner equity increased by another 11.2 percent over the four quarters that ended with the first quarter of 2016. CoreLogic's home equity analysis ...
Fri, Jun 9 2017, 8:38 AM
While the attention of much of the country was focused elsewhere on Thursday, the House of Representatives passed the H.R. 10, the Financial Choice Ac...
Thu, Jun 8 2017, 9:36 AM
Home flipping, the practice of buying and then reselling the same property within a 12-month period, fell to the lowest level in two years during the ...
Thu, Jun 8 2017, 9:34 AM
The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased fractionally in May, however the change in each of its internal components was decidedl...
Wed, Jun 7 2017, 9:24 AM
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a second straight quarter of falling profits during the three months ...
Wed, Jun 7 2017, 8:34 AM
Mortgage application volume rose during the week ended June 2, increasing by 7.1 percent on a seasonally adjusted basis. The Mortgage Bankers Associat...
Tue, Jun 6 2017, 9:49 AM
June is National Homeownership Month and the National Association of Home Builders (NAHB) says that owning a home is as much a part of the American Dr...
Tue, Jun 6 2017, 9:47 AM
Home price increases moderated slightly in April, at least as measured by the CoreLogic Home Price Index (HPI). The company announced an increase of 6...
Mon, Jun 5 2017, 11:07 AM
It should come as no surprise that the rise in interest rates that occurred after the November 2016 election had a profound impact on mortgage origina...
Fri, Jun 2 2017, 2:22 PM
House Majority Leader Kevin McCarthy (R-CA) has told reporters he expects a full House vote next week on H.R. 10, The Financial Choice Act which was v...
Thu, Jun 1 2017, 11:41 AM
Fannie Mae said on Wednesday that its Book of Business increased at a compounded annual rate of 1.3 percent in April to a value of $3.164 trillion. Th...
Thu, Jun 1 2017, 10:55 AM
The total amount of construction put in place nationally fell in April, but continues at a pace higher than at the same point in 2016. The U.S. Census...
Wed, May 31 2017, 11:49 AM
Several entities that wonder about such things have commented recently on the apparent reluctance of homeowners to sell their homes. Historically Amer...
Wed, May 31 2017, 11:01 AM
Fannie Mae has announced changes in underwriting for loans submitted to its Desktop Underwriter (DU), Version 10.1. The new DU version will be impleme...
Wed, May 31 2017, 10:15 AM
Pending home sales had been expected to rise slightly in April after declining 0.8 percent in March. Instead, the National Association of Realtors'® (...
Wed, May 31 2017, 9:06 AM
The volume of applications for mortgages tumbled during the week ended May 26. Purchase applications were down for the third straight week and refinan...
Tue, May 30 2017, 1:59 PM
CoreLogic's analysts continue to report on the validity of appraisals. A blog entry from last December found that thirty percent of appraisals the com...
Tue, May 30 2017, 10:36 AM
Black Knight Financial Services (BK), released its Home Price Index (HPI) on Tuesday. It was in general agreement with the S&P CoreLogic Case-Shiller'...
Tue, May 30 2017, 10:06 AM
Home prices across the nine U.S. census divisions hit a 33-month high in March . The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5....
Thu, May 25 2017, 11:09 AM
Rather than taking a step back this year, home sales now seem ready to best their 2016 numbers. Freddie Mac's economists admit that, up until this mon...
Thu, May 25 2017, 11:06 AM
It often gets lost in the shuffle, but the Federal Housing Finance Agency (FHFA) is not just the regulator and conservator of the government sponsored...
Wed, May 24 2017, 10:04 AM
Existing homes declined in April, falling back by 2.3 percent in April when compared to March 2017 levels. The National Association of Realtors® (NAR)...
Wed, May 24 2017, 9:56 AM
The Federal Housing Finance Agency (FHFA) is reporting another significantly high set of results for its Housing Price Index (HPI). The current values...
Wed, May 24 2017, 8:29 AM
While Black Knight Financial Services maintains it was a function of seasonality, mortgage delinquencies increased in April by the largest percentage ...
Wed, May 24 2017, 8:24 AM
Refinancing shored up the Mortgage Bankers Association's Market Composite Index during the week ended May 19. While purchase mortgages slowed , the Co...
Tue, May 23 2017, 3:53 PM
The U.S. Department of Housing and Urban Development (HUD) released its proposed 2018 budget on Tuesday, saying it will continue to provide rental ass...
Tue, May 23 2017, 10:08 AM
Sales of newly constructed homes lost momentum in April, reversing three straight months of gains. The Census Bureau and the Department of Housing and...
Fri, May 19 2017, 8:46 AM
The status of the GSE's (Fannie Mae and Freddie Mac), as well as the topic of housing finance reform continue to be "hot," according to Melvin L. Watt...
