Wed, Feb 24 2016, 3:59 PM
Fannie Mae is updating its Selling Guide to include changes several areas. The changes include elimination of the continuity of obligation policy ...
Tue, Feb 23 2016, 11:01 AM
Existing home sales and home prices both increased in January, the latter again driven by a tight supply of available houses in many markets. The Nat...
Tue, Feb 23 2016, 10:39 AM
One of the sea changes that swept in with the housing crisis was the growth of single family houses as a share of rental properties . Frank Nothaft,...
Tue, Feb 23 2016, 10:31 AM
Mortgage delinquencies rose in January, topping the 5 percent mark for the first time in 11 months Black Knight Financial Services said on Monday. Th...
Tue, Feb 23 2016, 10:30 AM
Home price gains were somewhat mixed in December with some of the S&P Case-Shiller posting larger increases than in November and others negative or un...
Mon, Feb 22 2016, 10:14 AM
Foreclosure activity declined on a month-over-month basis nationwide in January although completed foreclosures were up significantly on an annual b...
Mon, Feb 22 2016, 1:19 PM
Despite three years of solid recovery in home prices, a surprising number of homeowners don't realize what they've gained.
Most underestimate w...
Fri, Feb 19 2016, 7:13 PM
Both Fannie Mae and Freddie Mac (the GSEs) released fourth quarter and year-end results for their 2015 fiscal years this week. While both GSEs post...
Fri, Feb 19 2016, 7:05 PM
Both lower home prices and decreasing interest rates contributed to an increase in home affordability during the fourth quarter of 2015 according to...
Fri, Feb 19 2016, 3:35 PM
Both Fannie Mae and Freddie Mac (the GSEs) released fourth quarter and year-end results for their 2015 fiscal years this week. While both GSEs post...
Fri, Feb 19 2016, 3:31 PM
Both lower home prices and decreasing interest rates contributed to an increase in home affordability during the fourth quarter of 2015 according to...
Thu, Feb 18 2016, 10:43 AM
Freddie Mac is announcing changes to its Single-Family Seller/Servicer Guide which the company says will provide expanded homeownership opportuniti...
Thu, Feb 18 2016, 2:00 PM
The overall delinquency rate on
mortgage loans has now fallen below historic average levels. The Mortgage
Bankers Association (MBA) said on Thursd...
Wed, Feb 17 2016, 9:07 AM
Applications for refinancing again drove a significant increase in mortgage applications during the week ended February 12 as mortgage rates continu...
Wed, Feb 17 2016, 8:56 AM
U.S. housing starts unexpectedly fell in January likely as bad weather disrupted building projects in some parts of the country, in what could be a te...
Tue, Feb 16 2016, 10:54 AM
Confidence among new home builders cooled considerably this month. The National Association of Home Builders (NAHB) said its Housing Market Index (HM...
Fri, Feb 12 2016, 11:44 AM
A proposed new rule from the U.S. Department of Labor (DOL), if enacted, could significantly impact mortgage workers' paychecks, and affect mortgage c...
Fri, Feb 12 2016, 11:37 AM
In a hearing on Thursday before the House
Financial Services Committee, Edward L. Golding,
Principal Deputy Assistant Secretary of the Department of...
Thu, Feb 11 2016, 6:57 PM
The
Mortgage Bankers Association's (MBA's) early estimate of new home sales for
January projects a 14 percent increase compared to December. MBA ...
Wed, Feb 10 2016, 9:57 AM
Average mortgage rates declined during the week ended February 5, in at least one case to the lowest level in nearly three years. In response there w...
Wed, Feb 10 2016, 3:18 PM
The Department of Housing and Urban Development (HUD) said on Tuesday that its proposed budget for Fiscal 2017 will include $48.9 billion in gross d...
Tue, Feb 9 2016, 10:52 AM
The number of properties in the process of foreclosure nationwide dropped by nearly a quarter from the end of 2014 to the end of this past year. Co...
Mon, Feb 8 2016, 10:55 AM
Affordability is becoming an issue based on more than just rising
interest rates and rising home prices according to the latest Home Purchase
Sentim...
Fri, Feb 5 2016, 2:39 PM
Credit available was apparently slightly lower in January
than in February, the third straight month that the Mortgage Bankers
Associations' (MBA'...
Thu, Feb 4 2016, 12:22 PM
The percentage of total home sales transactions that are
completed in cash continues to decline on an annual basis as distressed homes
become less a...
Wed, Feb 3 2016, 8:29 AM
Mortgage application volume during the week ended January 29 was again either
disappointing or much improved depending on whether one viewed it on ...
Wed, Feb 3 2016, 6:24 PM
Freddie Mac's economists are expressing concerns about what
they see as economic headwinds revealed by some recently released
indicators. In thei...
Tue, Feb 2 2016, 10:55 AM
Once again a report on home price changes indicates that appreciation
has not yet slowed . CoreLogic issued a
report on its Home Price Index for D...
Mon, Feb 1 2016, 12:26 PM
Black Knight Financial Services took close-up looks at both
home affordability and the recent surge in cash-out refinancing in its new Mortgage ...
Mon, Feb 1 2016, 12:13 PM
Construction spending scrambled back into positive territory
by a tiny bit in December, gaining 0.1 percent from November's level to an
estimated ...
Fri, Jan 29 2016, 2:59 PM
Are the big companies who have purchased large number of
single-family homes over the last few years looking for a quick profit or are
they in the...
Thu, Jan 28 2016, 10:39 AM
And we have a trifecta!
All three of the home sales indicators for December have now come in
positive, although the latest, pending sales, did so l...
Thu, Jan 28 2016, 2:00 PM
There was a slight uptick in the market
share of distressed home sales in November.
Sales of lender-owned houses (REO) and short sales accounted fo...
Wed, Jan 27 2016, 10:41 AM
New home sales more or less blew away the experts in
December, coming in at a seasonally adjusted annual rate of 544,000 units. The Census Bureau ...
Wed, Jan 27 2016, 9:09 AM
Refinancing continued to buoy up mortgage application volume during the
week ended January 22 as interest rates fell back to levels last seen in th...
Tue, Jan 26 2016, 10:34 AM
No matter how much it is predicted, home
price gains are still failing to decelerate.
All three of the S&P/Case-Shiller indices were slightly highe...
Tue, Jan 26 2016, 4:20 PM
California has long been acknowledged as the trend-setting
state. Let's hope that isn't the case
for home prices. On the same day that
both S&P...
Fri, Jan 22 2016, 11:23 AM
It is hard to sort out the closings scheduled for December
from those delayed into the month from November by problems with the new
Truth-in-Lending...
Fri, Jan 22 2016, 6:27 PM
It was a year of significant improvement in the distressed
home arena. According to Black Knight
Financial Services there was a 22 percent decreas...
Thu, Jan 21 2016, 10:59 AM
In the midst of the Know Before You Owe or TRID rule implementation which she says " devoured the industry's bandwidth ," Faith Schwartz, Corelogic's ...
Thu, Jan 21 2016, 10:57 AM
After it jumped up by three full days
in November the average time to close a first mortgage loan stabilized in
December at 49 days. The November ...
Thu, Jan 21 2016, 10:48 AM
New home sales, according to an unofficial estimate from the Mortgage Bankers Association (MBA) declined by 5 percent
in December compared to the p...
Wed, Jan 20 2016, 10:31 AM
Both housing starts and residential construction permits
declined in December compared to November.
A joint release from the U.S. Census Bureau and...
Wed, Jan 20 2016, 9:00 AM
Applications
for mortgages rose significantly during the week ended January 15 as fixed rate
mortgage interest rates fell to the lowest levels sin...
Tue, Jan 19 2016, 10:59 AM
Builder confidence in the new home market, while on the surface unchanged
from December, has now dropped 5 points since establishing a decade-long ...
Tue, Jan 19 2016, 5:00 PM
Rising prices, especially in major cities like San
Francisco, Seattle, and Boston which hit new price highs in 2015 have created
renewed concerns a...
Fri, Jan 15 2016, 1:02 PM
Two factors appear poised to positively affect
the ability of households to purchase a home according to Fannie Mae's economists. In their initial...
Thu, Jan 14 2016, 10:50 AM
It seems at times that the wave of foreclosures will never
end. At the end of 2015, according to
RealtyTrac's 2015 U.S. Foreclosure Market Report r...
Thu, Jan 14 2016, 5:26 PM
Our old standby for information on all-things-CFPB has
slammed a new "fact sheet" issued by the agency regarding the treatment of construction-to-per...
Wed, Jan 13 2016, 9:34 AM
The weekly mortgage application report from the Mortgage Bankers
Association (MBA) was another recounting of a post-holiday rebound. Last Wednesday'...
