Wed, Nov 25 2015, 10:51 AM
Price increases did not slow in the
third quarter as expected the Federal Housing Finance Agency (FHFA) said
today. The agencies purchase-only
s...
Wed, Nov 25 2015, 8:51 AM
Mortgage applications were a bit of a mixed bag during the week ended
November 20, a week in a hammock strung between two holidays. The Mortgage B...
Wed, Nov 25 2015, 1:15 PM
In short, the general loan limits remain unchanged from 2015's levels, but several high-cost county limits have been increased . As a reminder, Fa...
Tue, Nov 24 2015, 10:55 AM
Black Knight Financial Service's monthly "first look" at
October month-end mortgage performance standards continues to show a steady
decline almos...
Tue, Nov 24 2015, 10:54 AM
Home prices continue to rise faster than
the rate of inflation and the increase speeded up again in September. The S&P/Case-Shiller U.S. National ...
Mon, Nov 23 2015, 10:51 AM
Pending sales, which had declined in
both September and October did indeed prove to be a leading indicator for
existing home sales in October. The
...
Fri, Nov 20 2015, 10:09 AM
Those of you who are expecting Millennials
to shift gears and start becoming homeowners will have to keep holding your
breath. A new Freddie Mac su...
Fri, Nov 20 2015, 9:45 AM
With the year nearing an end Fannie Mae's chief
economist Doug Duncan and his Economic & Strategic Research (ESR) Group are
holding to their most r...
Thu, Nov 19 2015, 11:28 AM
Measures of mortgage distress continued to reach new eight
to ten year lows during the third quarter of 2015. The Mortgage Bankers Association's (MB...
Thu, Nov 19 2015, 11:24 AM
Is the dream of a decent education gone
for the children of middle-class Americans?
A new study by RealtyTrac indicates that if you consider standa...
Thu, Nov 19 2015, 11:00 AM
The share of cash sales inched up
slightly in August, reaching 31.7 percent, a 0.8 percent month-over-month
change. Despite the marginal change,
c...
Thu, Nov 19 2015, 10:57 AM
Ellie Mae says its October data on
closed and denied loans indicate that credit is loosening. The company said that average FICO scores continued
...
Thu, Nov 19 2015, 2:49 PM
Home sales appeared to slam on the brakes in October, at
least according to Redfin. The company
said sales increased by only 0.3 percent compared...
Wed, Nov 18 2015, 12:19 PM
Residential construction data from October were mixed, but declines were largely due to the multi-family sector . Permitting was up modestly while th...
Wed, Nov 18 2015, 8:44 AM
It was another holiday muddled week for the Mortgage Bankers Association's
Market Composite Index. The index, a
measure of applications volume, ro...
Tue, Nov 17 2015, 10:52 AM
Well that didn't last long.
After jumping to the highest level in a decade in October the Housing
Market Index (HMI) a measure of builder confidenc...
Mon, Nov 16 2015, 3:48 PM
FHA's Mutual Mortgage Insurance Fund (MMIF) is back in the
money . Housing and Urban Development
Secretary Julian Castro told Congress today that ...
Mon, Nov 16 2015, 3:42 PM
While we have all been
sitting around waiting for millennials to take the homeowner plunge we have
apparently overlooked that both they and their pa...
Fri, Nov 13 2015, 12:10 PM
After last months' disappointing Census Bureau report on September
new home sales - down 11.5 percent from a solid August - one might hope for an
Oc...
Thu, Nov 12 2015, 3:36 PM
The National Association of Realtors® (NAR) is calling the third quarter of 2015
unquestionably the best quarter for the housing market in a decade...
Wed, Nov 11 2015, 1:13 PM
Mortgage rates rose sharply during the week ended November 6. Most contract rates had an average basis
point increase near double digits, returni...
Tue, Nov 10 2015, 10:27 AM
Consumer attitude appeared more
volatile or perhaps indecisive according to their responses to October's National
Housing Survey. Fannie Mae sa...
Tue, Nov 10 2015, 2:56 PM
The judicial foreclosure states appear to finally be
clearing out their long-clogged foreclosure pipeline as foreclosure inventories
declined notabl...
Mon, Nov 9 2015, 2:35 PM
Freddie Mac is counting on an approach to delinquent borrowers
it developed during the foreclosure crisis to forestall any new problems some
of thos...
Fri, Nov 6 2015, 10:50 AM
When the question is asked whether or not it is a good time
to buy a house the flip side is always "or is it better to rent?" The answer usually has...
Fri, Nov 6 2015, 10:18 AM
The share of first-time buyers is at the second lowest level
in over 30 years the National Association of Realtors (NAR) said on
Thursday. The 2015...
Thu, Nov 5 2015, 10:50 AM
It seems that
homeowners can again reasonably expect that investing in a home might be a real
investment . While buying a home
certainly isn't a ...
Thu, Nov 5 2015, 10:45 AM
An increase in conforming loan program offerings helped
boost the Mortgage Bankers Association's (MBA's) measure of credit access in
October. MBA...
Wed, Nov 4 2015, 8:12 AM
Mortgage application
volume was essentially flat during the week ended October 30. The Mortgage Bankers Association (MBA) said
its Market Composi...
Wed, Nov 4 2015, 3:32 PM
Sales of distressed properties, an
increasingly negligible portion of all home sales, slipped even further in
August. Sales of lender owned or RE...
Wed, Nov 4 2015, 3:28 PM
Fannie Mae has released another set of changes to its Selling Guide. The changes are in the following categories:
Refund of Loan-Level Price Ad...
Tue, Nov 3 2015, 10:58 AM
Mortgage lenders may be missing out on an opportunity to
offer consumers something they are asking for - a wider use of mobile
technology in the m...
Tue, Nov 3 2015, 10:49 AM
After two months of 6.9 percent annual home price increases the September gain
reported by CoreLogic slipped slightly .
The company said its Home ...
Mon, Nov 2 2015, 10:09 AM
There was a sizable increase in mortgage originations for
condominiums and cooperatives in the second quarter of 2015. Purchase applications ros...
Mon, Nov 2 2015, 2:40 PM
Purchase
lending in June was at its highest level since the beginning of the housing
crisis and early reports from the third quarter indicate that...
Mon, Nov 2 2015, 1:14 PM
Residential
construction spending performed slightly better than construction spending as a
whole in September although the entire construction se...
Fri, Oct 30 2015, 1:29 PM
Incidents of fraudulent mortgage applications remained stable
in the second quarter of 2015. CoreLogic,
in its Fraud Report for the quarter, esti...
Thu, Oct 29 2015, 10:47 AM
It wasn't just new home sales that slipped in September. The National Association of Realtors® (NAR)
reports that pending sales also cooled; dipping...
Wed, Oct 28 2015, 9:18 AM
Mortgage applications during the week ended October 23 decreased 3.5
percent on a seasonally adjusted basis from the previous week the Mortgage
Ba...
Tue, Oct 27 2015, 10:41 AM
rice
gains since the recent low have increased faster and were less driven by
inflation than prices during the housing boom of the last decade accor...
Mon, Oct 26 2015, 12:56 PM
Home
prices have now increased 27 percent since hitting bottom in January 2012. Black Knight Financial Services said today
that prices nationally e...
Mon, Oct 26 2015, 11:01 AM
New home sales
nose-dived in September , dropping by 11.5 percent from the August level. A joint release from the U.S. Census Bureau
and the Depar...
Mon, Oct 26 2015, 1:15 PM
Two Pennsylvania metropolitan areas, Scranton and
Harrisburg, won the MiMi seal of approval in August. Freddie Mae said the two moved into what it
...
Fri, Oct 23 2015, 10:52 AM
Several measures of mortgage distress moved up in September
including the early delinquency rate according to Black Knight Financial
Services. The ...
Fri, Oct 23 2015, 10:51 AM
Despite
a steadily decreasing share of distressed sales and fewer investors in the
market all-cash sales have not yet returned to normal levels no...
Thu, Oct 22 2015, 11:02 AM
The sharp downturn in existing home sales in August now seem
little more than a fluke as sales resumed their positive pattern in September. The Na...
Thu, Oct 22 2015, 10:39 AM
Prices of homes purchased in August using Fannie Mae or
Freddie Mac mortgage financing increased by 0.3 percent compared to July the
Federal Housi...
Thu, Oct 22 2015, 2:31 PM
In the midst of what has been a rather interesting several
weeks for housing finance reform Donald H. Layton published a column in Freddie
Mac's Ex...
Wed, Oct 21 2015, 8:51 AM
The Mortgage Bankers Association (MBA) said that increases in
applications for both FHA and VA mortgages were behind a jump in its Market
Composit...
Wed, Oct 21 2015, 3:30 PM
It was only a small change, but a 1 percent decline in the
average FICO scores for loans originated in September took that metric to its
lowest leve...
