Thu, Apr 20 2017, 11:29 AM
Calling the reform of the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac "the last piece of unfinished business from the 2008 fina...
Thu, Apr 20 2017, 3:44 PM
There are bad days, and worse days, and there are days like Ocwen Financial Corporation (OFC) had on Thursday. The company was not only sued on multip...
Wed, Apr 19 2017, 11:27 AM
Fannie Mae has moved its projected timeline for further Federal Reserve price hikes forward by several months. The company's Economic & Strategic Rese...
Wed, Apr 19 2017, 9:03 AM
Despite a slight uptick in applications for refinancing, the Mortgage Bankers Association (MBA) reports a downturn in overall application volume durin...
Tue, Apr 18 2017, 10:14 AM
Once again, the pace of both residential construction permits and housing starts reversed direction, repeating, in March, the up and down pattern that...
Tue, Apr 18 2017, 5:05 PM
The housing inventory, or lack of it, dominates Freddie Mac's Outlook for April. The company's Economic and Housing Research team says the supply of f...
Mon, Apr 17 2017, 10:44 AM
Even though overall builder confidence retreated from March levels, the National Association of Home Builders (NAHB) called the April reading of the N...
Mon, Apr 17 2017, 3:42 PM
The Consumer Financial Protection Bureau (CFPB) has inviting comment periods on changes to its Home Mortgage Disclosure Act (HMDA) reporting rule. CFP...
Thu, Apr 13 2017, 11:59 AM
Despite a terrible fourth quarter, independent mortgage banks and mortgage subsidiaries of chartered banks managed to have a slightly more profitable ...
Thu, Apr 13 2017, 11:41 AM
The Mortgage Bankers Association (MBA) says it appears that new home sales were exceptional strong in March. Its Builder Application Survey (BAS) show...
Wed, Apr 12 2017, 11:53 AM
Early state mortgage delinquencies are an important measure of mortgage market health, and CoreLogic reports they are continuing to decline . In Janua...
Wed, Apr 12 2017, 8:26 AM
The volume of mortgage applications reversed a three-week losing streak to rise 1.5 percent on a seasonally adjusted basis last week. The Mortgage Ban...
Tue, Apr 11 2017, 11:14 AM
While home sales in 2016 were the strongest in years, the National Association of Realtors® (NAR) said on Tuesday there was a shift in their compositi...
Tue, Apr 11 2017, 9:17 AM
Renter households appear increasingly willing to stay as such, per Freddie Mac. The company has released results from its latest renter survey, conduc...
Fri, Apr 7 2017, 12:24 PM
Servicers might have a loyalty problem. Or, more likely, a marketing one. In its April Mortgage Monitor , much of which we covered earlier this week, ...
Fri, Apr 7 2017, 10:04 AM
Fannie Mae and Freddie Mac were big players in the multi-family sector of the commercial real estate market last year. According to the Mortgage Banke...
Fri, Apr 7 2017, 2:42 PM
After a couple of high flying months and after setting several survey records in February, Fannie Mae's Home Purchase Sentiment Index (HPSI) ran out o...
Thu, Apr 6 2017, 10:09 AM
Access to jumbo mortgage loans rebounded from a loss in February to drive the Mortgage Bankers Association's (MBA's) Mortgage Credit Availability Inde...
Wed, Apr 5 2017, 10:54 AM
The Urban institute's (UI's) Ellen Seidman is reporting on an UI event held last month to discuss what she terms "overly restrictive credit-scoring sy...
Wed, Apr 5 2017, 8:25 AM
The volume of purchase mortgages continued to increase during the week ended March 31, but steadily shrinking refinance numbers once again pulled over...
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...
