Wed, Sep 2 2015, 8:39 AM
Last week was the strongest one on a relative basis for mortgage
applications in quite some time. The Mortgage Bankers Association (MBA) said
that...
Wed, Sep 2 2015, 6:48 PM
In addition to its usual recap of economic
and housing indicators and future projections this week's edition of Freddie
Mac's Insights and Outlook ...
Tue, Sep 1 2015, 9:52 AM
Home prices nationally
increased year-over-year at a faster pace in July than they did in June
CoreLogic said on Tuesday. The company's
Home Price...
Tue, Sep 1 2015, 3:01 PM
Construction spending posted a slight increase in July
rising 0.7 percent from the revised June estimate of $1,075.9 billion to a
seasonally adjus...
Mon, Aug 31 2015, 5:22 PM
A ruling last week from the National Labor Relations Board (NLRB)
has sent many companies who rely on contract labor into a bit of a panic . While ...
Fri, Aug 28 2015, 3:21 PM
We have been reading for several years now
about two trends that appear troubling for the housing industry - a declining
rate of homeownership and a...
Fri, Aug 28 2015, 2:52 PM
It appears that people who are currently renting their homes are not necessarily
merely homebuyers in waiting as conventional wisdom has held. Fre...
Fri, Aug 28 2015, 1:39 PM
Fannie Mae has published a set of changes to its Selling Guide . The changes affect verification of
self-employed income , Home-Style Renovation l...
Fri, Aug 28 2015, 1:37 PM
The debate over whether the Dodd-Frank Wall Street Reform
and Consumer Protection Act was desperately needed or a pox upon the land survives
even as...
Thu, Aug 27 2015, 10:35 AM
RealtyTrac's July U.S. Home Sales report is a tale of extremes .
July sales of properties in foreclosure and all-cash transactions both dipped
to m...
Thu, Aug 27 2015, 10:27 AM
The index measuring pending home sales held on to its winning
streak in July, but its grip slipped a bit.
The National Association of Realtors® (NA...
Wed, Aug 26 2015, 9:01 AM
There was virtually no
movement last week in the various indices measuring mortgage application
volume. The Mortgage Bankers Association's
(MBA's)...
Wed, Aug 26 2015, 2:48 PM
The topline news while accurate is also growing monotonous : housing market continues to improve. Freddie Mac added another chapter to the seemingl...
Tue, Aug 25 2015, 12:38 PM
Per loan profits increased
in the second quarter the Mortgage Bankers Association (MBA) said today, aided
by purchase volume and loan size. MBA's
...
Tue, Aug 25 2015, 11:25 AM
While the disappointing new home sales reported last month for
June were revised even lower today July sales redeemed at least some of the
loss. Th...
Tue, Aug 25 2015, 11:15 AM
Two
major indicators of home price trends released today showed continued
appreciation although larger gains were reported by the S&P/Case-Shiller
...
Mon, Aug 24 2015, 11:45 AM
Black Knight Financial Services said on Monday that as of the end of June
home prices nationally had returned to within 5.8 percent of their peak ex...
Mon, Aug 24 2015, 3:41 PM
Fannie
Mae's economic team said on Monday that the economic outlook for the second
half of 2015 is less upbeat than anticipated.
Second quarter ...
Fri, Aug 21 2015, 10:58 AM
The eyes of Texas are upon the Consumer Financial Protection
Bureau - and not in a kindly way. Two
different actions out of Texas are challenging ...
Fri, Aug 21 2015, 10:47 AM
Black Knight Financial Services released its "First Look" at
its July loan level performance data which continues to show a decline in most
measures...
Thu, Aug 20 2015, 11:00 AM
While first-time buyers fell back,
existing home sales scored their third consecutive monthly gain in July. The National Association of Realtors® (N...
Wed, Aug 19 2015, 8:46 AM
What little life there was in
mortgage volume last week came from refinancing. That wasn't saying much. The Mortgage Bankers Association's (MBA's) ...
Wed, Aug 19 2015, 7:58 PM
Ellie Mae said this
week that the closing rate for purchase mortgages reached 70.7 percent in July
up from 69.0 in June. This is the
highest r...
Tue, Aug 18 2015, 10:53 AM
The level of cash sales remains high in
several states, mostly those also still experiencing a high level of
foreclosures . CoreLogic said on Tues...
Tue, Aug 18 2015, 10:48 AM
Permits for residential construction fell sharply in July,
down 16.3 percent from June while remaining 7.5 percent above the level of one year
earl...
Mon, Aug 17 2015, 11:57 AM
Builder confidence remained stable this month. The National Association of Home Builders
(NAHB)/Wells Fargo Housing Market Index (HMI) added a point...
Mon, Aug 17 2015, 5:24 PM
While the Millennial generation is generating a lot of
attention, concern, and ink a Freddie Mac executive says it would be wise to
remember that th...
Fri, Aug 14 2015, 12:52 PM
The affordability of homeownership dipped modestly in the
second quarter according to the National Association of Home Builders/Wells
Fargo Housing ...
Thu, Aug 13 2015, 10:04 AM
Applications for the purchase of newly constructed homes fell
off slightly in July, a decline that the Mortgage Bankers Association (MBA)
said was i...
Thu, Aug 13 2015, 6:51 PM
The Mortgage Bankers Associations National Delinquency
Survey provides another measure of the declining rate of distress in
residential mortgages. ...
Wed, Aug 12 2015, 9:06 AM
There
was virtually no change in the overall volume of mortgage applications during
the week ended August 7 compared to the previous week, mirrori...
Tue, Aug 11 2015, 3:44 PM
Completed
foreclosures in June were down 63.3 percent from the peak reached in September 2010. That month, just before the robo-signing
scandal f...
Tue, Aug 11 2015, 3:40 PM
There was an uptick in national existing home sales in the
second quarter of 2015 of 6.6 percent the National Association of Realtors® (NAR) said on ...
Tue, Aug 11 2015, 3:37 PM
Credit unions are gaining a greater
share of the market for both home mortgages and auto loans according to a new
study just released by TransUnio...
Mon, Aug 10 2015, 4:33 PM
The drought and raging wildfires appear not to be dampening the enthusiasm of people who wish to live in
California. CoreLogic reports that the
s...
Fri, Aug 7 2015, 8:06 PM
Negativity was pervasive in the results of Fannie Mae's July
National Housing Survey (NHS).
Respondents indicated falling expectations about the ec...
Fri, Aug 7 2015, 3:21 PM
Over a year ago consumers pointed out, in a report from the
Consumer Financial Protection Bureau (CFPB) the "pain points" they encountered in
the mo...
Fri, Aug 7 2015, 3:07 PM
There are two conflicting theories on how or even if
monetary policy should play a role in stabilizing asset price booms and
busts. If central bank...
Thu, Aug 6 2015, 11:34 AM
Since early 2014 the Federal Reserve has
held out two goals that must be achieved before it raises the Federal Funds
rate, "maximum employment and i...
Thu, Aug 6 2015, 11:28 AM
Sales of lender-owned real estate (REO) in May represented
the smallest share of home sales in nine years.
CoreLogic said that the overall share ...
Thu, Aug 6 2015, 11:22 AM
Credit availability increased in July, resuming an almost
continuous rise that started last fall.
The Mortgage Bankers Association said its Mortg...
Wed, Aug 5 2015, 12:43 PM
Redfin, a multi-state real estate firm based in Seattle, says
it is seeing "signs of an enduring slowdown" in the housing market. This isn't neces...
Wed, Aug 5 2015, 9:32 AM
Last week was the best
one for mortgage applications in quite some time in terms of percent gains versus the previous week (outright index levels rem...
Wed, Aug 5 2015, 4:50 PM
Saying that consumers should not be billed unnecessarily for
private mortgage insurance (PMI) the Consumer Financial Protection Bureau has
issued ...
Tue, Aug 4 2015, 10:52 AM
The numbers of homes for sale in a few areas of the country
have now dropped below a two month supply CoreLogic said today. Prices in cities with th...
Tue, Aug 4 2015, 1:59 PM
Returning to economic normalcy apparently means that
Americans are back into heavy-debt mode .
Black Knight Financial Services said today that lev...
Mon, Aug 3 2015, 3:04 PM
Even though he has retired, don't you sometimes just want to
smack David Letterman? The popularity of
his Top 10 something or other lists have made...
Mon, Aug 3 2015, 1:38 PM
Public monies shored up construction spending figures in
June, just barely making up for a drop in expenditures from the private
sector. The U.S. C...
Fri, Jul 31 2015, 1:06 PM
A Texas
mortgage servicer has run badly afoul of the Consumer Financial Protection
Bureau (CFPB) for repeated violations of servicing rules . Resi...
Thu, Jul 30 2015, 11:37 AM
Finding an affordable place to rent within a reasonable
distance of employment is becoming increasingly difficult according to Freddie
Mac executi...
