Tue, Apr 4 2017, 11:04 AM
CoreLogic says house price increases picked up the pace again in February. After the rate of appreciation dipped from 7.2 percent for the 12 months en...
Mon, Apr 3 2017, 10:16 AM
The conditional prepayment rate (CPR), the annualized percentage of total mortgage principal that borrowers prepay on a pool of loans in a given time ...
Mon, Apr 3 2017, 1:42 PM
Spending on residential buildings fared better than overall construction spending in February. The U.S. Census Bureau said on Monday that expenditures...
Fri, Mar 31 2017, 11:39 AM
After gathering little attention for nearly a decade, the two GSEs, Fannie Mae and Freddie Mac are making news on several fronts. Two developments in ...
Thu, Mar 30 2017, 10:01 AM
Appraised values are key in underwriting a mortgage loan and CoreLogic says one of the challenges is to make sure the information an appraisal provide...
Wed, Mar 29 2017, 10:29 AM
Pending home sales in February surprised everyone with an unexpected jump of 5.5 percent . The National Association of Realtors® said its Pending Home...
Wed, Mar 29 2017, 9:47 AM
Back in December the Urban Institute (UI) put a number on the much maligned but somewhat amorphous term "tight credit." It maintained that, between 20...
Wed, Mar 29 2017, 8:17 AM
Mortgage applications saw a third straight decline in volume during the week ended March 24. The Mortgage Bankers Association (MBA) said its Market Co...
Tue, Mar 28 2017, 10:34 AM
Mortgage lenders contacted in the first quarter of 2017 by Fannie Mae's Mortgage Lender Sentiment Survey expressed the highest expectations for the ec...
Tue, Mar 28 2017, 10:22 AM
The S&P CoreLogic Case-Shiller U.S. National Home Price Index for January ran counter to other major prices indices in that it continued to show home ...
Tue, Mar 28 2017, 10:08 AM
There has been a lot of recent activity regarding the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac swirling around and reported ...
Mon, Mar 27 2017, 11:12 AM
The third major home price index released January data released on Monday and it became the third to post a deceleration in the rate of price apprecia...
Fri, Mar 24 2017, 10:51 AM
The share of homes sold for cash fell to the lowest level in nearly a decade in full-year 2016. CoreLogic said that 32.1 percent of all home sales in ...
Fri, Mar 24 2017, 10:47 AM
It wasn't exactly bait and switch, maybe unlawful substitution is closer to the mark. Whatever, Experian, the credit reporting company, has been handi...
Thu, Mar 23 2017, 11:14 AM
New home sales posted a much better February than did existing home sales and, in fact, better than most analysts had expected. The U.S. Census Bureau...
Thu, Mar 23 2017, 10:15 AM
The House Financial Services Committee (FSC) held a hearing on Tuesday into the constitutionality of the structure of the Consumer Financial Protectio...
Thu, Mar 23 2017, 9:57 AM
As further evidence that the era of refinancing is ending, Black Knight Financial Services says that prepayment speeds (the SSM rate), historically a ...
Wed, Mar 22 2017, 11:20 AM
Existing home sales burst out of the box in January to start the year out with a 3.2 percent increase over the previous month. Those gains, however, w...
Wed, Mar 22 2017, 10:56 AM
What a difference a month makes. After posting monthly price increase in all but one month since early 2012, the Federal Housing Finance Agency report...
Wed, Mar 22 2017, 8:36 AM
The Mortgage Bankers Association (MBA) said today that the volume of applications for both purchase mortgages and refinancing retreated last week from...
Tue, Mar 21 2017, 12:39 PM
The reported net profit per loan reported to the Mortgage Bankers Association (MBA) by independent mortgage banks and mortgage subsidiaries of charter...
Tue, Mar 21 2017, 12:36 PM
In terms of credit risk, the loans originated in the fourth quarter of last year are among the highest quality mortgages originated since 2001 accordi...
Mon, Mar 20 2017, 3:28 PM
Fannie Mae's March economic forecast was written before the FOMC announced an increase in the fed funds rate last Wednesday. The company's economists ...
Mon, Mar 20 2017, 2:39 PM
The House Financial Services Committee has scheduled a hearing on March 21 titled "The Bureau of Consumer Financial Protection's (CFPB's) Unconstituti...
Fri, Mar 17 2017, 10:58 AM
Earlier this month, Office of Inspector General (OIG) for the Department of Housing and Urban Development (HUD) submitted a report to the agency claim...
Fri, Mar 17 2017, 10:31 AM
FHA's mortgage share, which surged following the housing crisis and helped shore up the market, is now in a steady decline. However, the loans written...
Thu, Mar 16 2017, 10:10 AM
Housing permits were down in February, wiping out the gains posted in January, while housing starts also reversed course , posting the year's first ga...
Thu, Mar 16 2017, 10:09 PM
Home purchase loans jumped to a 57 percent share of all mortgage originations in February, up from 53 percent in January. Data from the latest Ellie M...
Wed, Mar 15 2017, 10:31 AM
The National Association of Home Builders (NAHB) said its new home builder members displayed a surge of confidence this month. The NAHB/Wells Fargo Ho...
Wed, Mar 15 2017, 8:55 AM
The volume of mortgage applications rose last week even as some interest rates reached their highest levels in nearly three years . The Mortgage Banke...
Wed, Mar 15 2017, 1:15 PM
The National Association of Realtors® (NAR) said consumer confidence is growing across the country, especially in rural and middle America. Its most r...
Tue, Mar 14 2017, 11:47 AM
New home sales are expecting to post an increase of 15.9 percent in February as compared to the previous month. The Mortgage Bankers Association (MBA)...
Tue, Mar 14 2017, 10:42 AM
The three major credit reporting agencies have announced a significant change in their credit reporting metrics that could both boost credit scores fo...
Tue, Mar 14 2017, 2:14 PM
As anniversaries go, it's not much of one to celebrate, but this year the foreclosure crisis marks its tenth year. Since Mid-2007, more than 7.8 milli...
Thu, Mar 9 2017, 11:55 AM
The once- epidemic level of underwater properties retreated further into history in 2016 as another 1 million homeowners regained equity in their home...
Thu, Mar 9 2017, 11:49 AM
There was a slight loosening of mortgage credit access in February, as FHA and VA instituted more streamlined documentation requirements for their loa...
Thu, Mar 9 2017, 9:47 AM
In its most recent Mortgage Monitor , Black Knight Financial Services dug deeper into a topic it had raised in an earlier edition, the seasonality of ...
Thu, Mar 9 2017, 9:37 AM
With the decades of attention the Baby Boomers got vis-à-vis their homebuying habits, and all the worry about the same lavished on Millennials for the...
Wed, Mar 8 2017, 7:57 AM
The Mortgage Bankers Association (MBA) said today that mortgage applications for both purchases and refinancing grew during the week ended March 3. Th...
Tue, Mar 7 2017, 12:05 PM
Home prices measured by CoreLogic's Home Price Index (HPI) for January ended a six-month long pattern of accelerating annual gains. The increases also...
Tue, Mar 7 2017, 11:58 AM
The February installment of the National Housing Survey (NHS) might have broken a record for breaking records. Fannie Mae says its Home Purchase Senti...
Tue, Mar 7 2017, 11:53 AM
Wells Fargo's annual Construction Industry Forecast, based on a survey of construction industry contractors and equipment distributors, reports increa...
Mon, Mar 6 2017, 1:40 PM
A strong fourth quarter helped push mortgage originations for the whole of 2016 to the highest level in four years . Black Knight's Mortgage Monitor r...
Fri, Mar 3 2017, 11:56 AM
Homeowners are opening their favorite piggy bank again — their homes. As home values rise faster than expected, that increased homeowner wealth sudden...
Thu, Mar 2 2017, 5:29 PM
The shifting of the mortgage market toward more purchases as well as declining origination volumes are expected to boost the incidence of mortgage fra...
Wed, Mar 1 2017, 11:03 AM
Construction spending had been expected to recover from the 0.2 percent loss it suffered in December. Analysts polled by Econoday were looking for an ...
Wed, Mar 1 2017, 9:37 AM
Freddie Mac's Insight forecast for February looks at reports that consumer price inflation is rising, and the ensuing debate over "whether or not we a...
Wed, Mar 1 2017, 7:40 AM
The Mortgage Bankers Association (MBA) said mortgage applications rose , on a seasonally adjusted basis, during the week ended February 24, although t...
Tue, Feb 28 2017, 12:07 PM
The spring housing market started early this year, not because of higher-than-average temperatures but because of hotter-than-average demand and overh...
Tue, Feb 28 2017, 10:11 AM
The end is near. CoreLogic said today that the market share of home sales accounted for by distressed properties may return to normal levels by the en...
