Thu, May 12 2016, 10:50 AM
Fannie Mae continues to dribble out findings from its Q1 Mortgage Lender Sentiment Survey®. The latest installment is an entry on the company's FM C...
Wed, May 11 2016, 8:37 AM
Despite mortgage rates that continue to hover near 2016 lows, mortgage application activity was essentially flat during the week ended May 6. Refin...
Wed, May 11 2016, 2:09 PM
Completed foreclosures were up in March, with a substantial increase compared to February, but continued to fall on an annual basis. CoreLogic said t...
Tue, May 10 2016, 10:41 AM
The net number of consumers who told Fannie Mae surveyors in April they think it is currently a good time to sell a house soared in April. However,...
Mon, May 9 2016, 1:00 PM
Is flipping back in vogue? CoreLogic, in a two-part article published in its blog says activity is up, but so far we are seeing nothing like the lev...
Fri, May 6 2016, 10:51 AM
Distressed properties represented a smaller share of all home sales once again in February. CoreLogic reports that 11.1 percent of closed sales durin...
Fri, May 6 2016, 10:48 AM
In releasing its first quarter financial results on Thursday Fannie Mae surprised some by not following Freddie Mac down the rabbit hole. The larger ...
Fri, May 6 2016, 10:47 AM
Are low-down payment buyers beginning to benefit from a price war? The Urban Institute says that the Federal Housing Market has had an edge with ho...
Thu, May 5 2016, 9:49 AM
New programs offering low downpayment options for GSE loans weren't enough to compensate for more stringent jumbo loan standards in April. This resul...
Wed, May 4 2016, 9:11 AM
Freddie Mac said today that the company had a net loss in the first quarter of 2016, the first time in four years that it has failed to show a pro...
Wed, May 4 2016, 8:55 AM
Average contract mortgage interest rates inched up again during the week ended April 29 and mortgage application activity slowed in response. The M...
Tue, May 3 2016, 10:43 AM
CoreLogic released the first of the major home price estimates for March on Tuesday. The company's Home Price Index (HPI) estimates for both January ...
Tue, May 3 2016, 10:38 AM
Change is all around us. The Wall Street Journal reports that the CFPB plans to bring the largest online lending platforms under its supervision by ...
Mon, May 2 2016, 1:28 PM
Any benefits to affordability delivered by recent improvements in interest rates have been significantly downgraded or even erased by home price inc...
Mon, May 2 2016, 1:16 PM
Overall construction spending rose 0.3 percent in March to a seasonally adjusted annual rate of $1.14 trillion compared to $1.13 trillion in Februar...
Fri, Apr 29 2016, 11:29 AM
Does a financial boost from mom and dad make it more likely a young person will buy a home? It depends. And that might change.
Those statements...
Fri, Apr 29 2016, 11:26 AM
The Consumer Financial Protection Agency (CFPB) just opened the door to possible changes and refinements in its Know Before You Owe rule. The agenc...
Thu, Apr 28 2016, 12:24 PM
Home sales may be rising, but homeownership in the United States is heading down once again.
After gains in the second half of 2015, the homeowners...
Thu, Apr 28 2016, 10:39 AM
Home prices rose 0.7 percent from January to February according to Black Knight Financial Services. The company's Home Price Index (HPI) was at $245,...
Thu, Apr 28 2016, 10:32 AM
What has just moved from fifth place in the World Economic Forum's list of global risks to the top of the heap? The "failure of climate change medi...
Wed, Apr 27 2016, 11:34 AM
Pending home sales rose for the second straight month in March although the increase was less than in February. The National Association of Realtors®...
Wed, Apr 27 2016, 8:13 AM
Mortgage application volume fell across the board during the week ended April 22. Applications were down for both purchase mortgages and refinancin...
Tue, Apr 26 2016, 10:12 AM
Home prices in the U.S. posted a 5.3 percent increase from February 2015 to February 2016 according to the S&P/Case Shiller index covering all nine U....
Tue, Apr 26 2016, 3:49 PM
Housing remains the bright spot in a darkening economic outlook according to Freddie Mac's economists. Though they have revised their forecast for ec...
Tue, Apr 26 2016, 3:45 PM
Could it be that consumers actually seem to enjoy sitting at the closing table? That appears to be one finding from a recent survey of homeowners b...
Tue, Apr 26 2016, 3:41 PM
Mortgage servicing remains a sore spot for consumers, especially those having problems paying their loans. The Consumer Financial Protection Bureau...
Mon, Apr 25 2016, 10:57 AM
The national delinquency rate as reported by Black Knight Financial Services has now dropped to levels not seen in 15 years while the serious delinq...
Mon, Apr 25 2016, 10:53 AM
March was another disappointing month for new home sales however subsequent revisions continue to positively affect earlier estimates. The Census Bur...
Fri, Apr 22 2016, 12:32 PM
Members of the National Association of Home Builders' (NAHB) remodeling division reported that market conditions remained about the same in the first ...
Fri, Apr 22 2016, 12:24 PM
All cash sales continued at an elevated level in January, increasing from December but accounting for a substantially lower share of sales than a year...
Thu, Apr 21 2016, 10:22 AM
Home price increases across the U.S. remained stable in February at +0.4 percent after the Federal Housing Finance Agency (FHFA) revised its original ...
Thu, Apr 21 2016, 10:18 AM
It appears that lenders have surmounted the initial difficulties they encountered with the roll-out of the new Truth-in-Lending disclosures (TRID) req...
Wed, Apr 20 2016, 11:56 AM
Spring market buyers got down to business in March and existing home sales rebounded, up 5.1 percent but didn't quite recover from a disappointing F...
Wed, Apr 20 2016, 9:51 AM
Fannie Mae's economists said Friday that housing indicators continue to be mixed. In the company's April Economic and Strategic Research report Senio...
Wed, Apr 20 2016, 8:39 AM
In a week when rates continued holding near multi-year lows, mortgage application activity increased, but the gain during the week ended April 15 was ...
Tue, Apr 19 2016, 10:59 AM
There probably isn't a lot of
backslapping going on in the housing world this morning. March residential construction data released
by the U.S. Cen...
Mon, Apr 18 2016, 10:44 AM
For the third consecutive month the Housing Market Index (HMI) was unchanged. After rising to a decade high of 65 in October, the HMI, jointly spo...
Fri, Apr 15 2016, 10:46 AM
An estimated 33,000 delinquent Fannie Mae and Freddie Mac (GSE) borrowers may be eligible for a new one-time principal reduction An estimated 33,000 ...
Thu, Apr 14 2016, 9:37 AM
The Mortgage Bankers Association's (MBA's) most recent regular report on mortgage application volume released on Wednesday indicated a sudden pick-up...
Thu, Apr 14 2016, 9:35 AM
Despite what was termed a seasonal increase in March, foreclosure activity in the first quarter of 2016 was at its lowest level in nine years . Re...
Thu, Apr 14 2016, 9:28 AM
Foreclosure activity continues to decline but the change year-over-year in February was minimal, actually smaller than the decrease from January to Fe...
Wed, Apr 13 2016, 10:51 AM
The battle over the future of the two government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac took another turn on Monday, this time one th...
Wed, Apr 13 2016, 8:04 AM
Mortgage applications made a strong showing during the week ended April 8 and for the first time in a while the gains were fairly evenly distributed b...
Tue, Apr 12 2016, 2:36 PM
Year-end figures released on Tuesday by the Mortgage Bankers Association (MBA) shows that profits in at least one sector of mortgage lending increase...
Tue, Apr 12 2016, 2:32 PM
Ever wonder how your life or that of your children might be different had you or they had grown up in a different community? Harvard economists Raj C...
Mon, Apr 11 2016, 10:46 AM
Reuters is reporting that Wells Fargo & Co has agreed to pay a record $1.2 billion to resolve a dispute with the Justice Department over mortgages i...
Mon, Apr 11 2016, 3:57 PM
The CFPB's 2015 Annual Consumer Mortgage Experience report dealt with the major sources of dissatisfaction reported by homeowners with the originati...
Fri, Apr 8 2016, 12:20 PM
onsumer pessimism appears to be eroding Fannie Mae's Home Purchase Sentiment Index (HPSI) which this month posted its lowest reading in 18 months. Th...
Thu, Apr 7 2016, 12:49 PM
Distressed residential sales inched up a bit month-over-month in January but have been relatively stable over the last year. CoreLogic said on Thursd...
Thu, Apr 7 2016, 12:14 PM
Despite an easing of government loan access, the overall availability of mortgage credit dipped slightly in March the Mortgage Bankers Association (...
