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....
Thu, Jun 29 2017, 10:51 AM
The Urban Institute (UI) releases a regular report, Housing Finance at a Glance , a "chartbook" loaded with charts and commentary on mortgage activity...
Wed, Jun 28 2017, 10:39 AM
Pending home sales failed to rise as expected in May, the third straight month that measure has declined. The National Association of Realtors'® (NAR'...
Wed, Jun 28 2017, 10:01 AM
The Consumer Financial Protection Bureau (CFPB) says it has learned that some servicers anticipate some calendar-related problems in complying with th...
Wed, Jun 28 2017, 8:47 AM
Applications for mortgages plunged during the week ended June 23, even as interest rates remained relatively stable. The Mortgage Bankers Association ...
Tue, Jun 27 2017, 1:59 PM
Bloomberg is reporting there appears to be yet another plan in the long running reality show featuring the government sponsored enterprises or GSEs. F...
Tue, Jun 27 2017, 10:27 AM
The S&P CoreLogic Case-Shiller National Home Price Index for April set a record high , on a non-seasonally adjusted (NSA) basis for the fifth consecut...
Mon, Jun 26 2017, 12:25 PM
Is there relief in sight for those oft cited, much maligned tight housing inventories? The National Association of Realtors® (NAR) sees a glimmer of h...
Mon, Jun 26 2017, 11:23 AM
As home buying affordability has declined, it has indirectly moved lenders' apparent willingness to loosen credit standards in the opposite direction....
Mon, Jun 26 2017, 10:11 AM
The third major home price indicator of the month was released on Monday and again there was no indication that the rate of appreciation is slowing . ...
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...