Thu, Jul 23 2015, 3:29 PM
While it is certainly good news we wish
we could find a new and more interesting way to say it. Nonetheless, foreclosure activity has
declined aga...
Thu, Jul 23 2015, 3:20 PM
Despite
improved consumer spending and stronger residential and non-residential
investments Fannie Mae's Economic and Strategic Research team are ho...
Wed, Jul 22 2015, 11:19 AM
There was unabashedly good news from the National
Association of Realtors®
(NAR) this morning. Not only were
existing home sales in June at the ...
Wed, Jul 22 2015, 9:18 AM
With the distortions of the Independence Day holiday week and the
subsequent week's recovery now history mortgage application activity settled
down....
Wed, Jul 22 2015, 2:47 PM
Senate Majority Leader Mitch McConnell (R-KY) and Senator Barbara Boxer (D-CA), Ranking Member of the Senate Environment and Public Works Committee ha...
Mon, Jul 20 2015, 5:23 PM
Since the recession officially ended a lack of labor and materials has
blamed in part for the sluggishness of new home construction, at least by th...
Fri, Jul 17 2015, 10:24 AM
The two leading indicators among measures of residential
construction activity, building permits and housing starts, posted healthy gains
in June ...
Fri, Jul 17 2015, 2:52 PM
Home remodeling is expected to soon kick back into gear . LIRA, the Leading Indicator of Remodeling
Activity produced by the Joint Center for Housi...
Fri, Jul 17 2015, 2:50 PM
The
first half of 2015 saw foreclosure activity continue to decline. RealtyTrac's Midyear U.S. Foreclosure Market
Report shows that 597,589 proper...
Fri, Jul 17 2015, 2:43 PM
The importance of cash in home sale transactions
declined in April for the 28 th consecutive month. CoreLogic said on Thursday that all-cash home
...
Thu, Jul 16 2015, 10:16 AM
A number of selling updates to Freddie Mac's
Single-Family Seller/Servicer Guide are slated to go into effect over the next
several months. The lar...
Thu, Jul 16 2015, 9:54 AM
Applications for mortgages to purchase newly constructed
homes rose again in June and the Mortgage Bankers Association (MBA) said this
bodes well ...
Thu, Jul 16 2015, 1:25 PM
Builder confidence may finally be back
to stay. After yo-yoing in and out of
the "good" range of 50 or more for years, the National Association of ...
Wed, Jul 15 2015, 9:21 AM
The take-away from the Mortgage Bankers Association's (MBA's) current press
release on mortgage volume was its summary of performance over the last t...
Wed, Jul 15 2015, 5:32 PM
The financial crisis was obviously better for the rental housing market than
it was for the purchase market but the health of the former appears to b...
Tue, Jul 14 2015, 10:31 AM
More than a quarter of the national foreclosure inventory
that existed in May 2014 had been absorbed by May of this year and completed
foreclosures ...
Tue, Jul 14 2015, 3:52 PM
A decline in mortgage refinancing was
blamed in part for the second consecutive decline in quarterly profits posted
by Wells Fargo & Co. The bigg...
Mon, Jul 13 2015, 12:56 PM
A working paper just released by the Federal Housing Finance
Agency (FHFA) attempts to determine the reasons why mortgages given to
first-time home...
Fri, Jul 10 2015, 11:18 AM
While the share of home sales accounted
for by distressed properties continues to drift lower, only two states are
approaching what could be consi...
Fri, Jul 10 2015, 11:12 AM
The Department of Housing and Urban Development
(HUD) has announced a final rule to help communities that receive HUD funds meet
their fair housing...
Thu, Jul 9 2015, 8:04 AM
Payments
on a mortgage used to purchase a three-bedroom home were more affordable than
paying rent on a similar home in 66 percent of the counties...
Wed, Jul 8 2015, 10:07 AM
The drop in interest
rates during the week ended July 3 sent mortgage application volume higher on a
seasonally adjusted basis but the shortened w...
Wed, Jul 8 2015, 4:08 PM
Another milestone was reached on Wednesday as the government
sponsored enterprises (GSEs) and their conservator the Federal Housing Finance
Agency m...
Tue, Jul 7 2015, 4:35 PM
Probably the headline take-away from Fannie Mae's June
National Housing Survey was the more upbeat attitude of potential home sellers
toward the hou...
Tue, Jul 7 2015, 3:46 PM
Home prices increases
decelerated slightly on an annual basis in May compared to April according to a
report from CoreLogic on Tuesday. The
comp...
Mon, Jul 6 2015, 5:05 PM
Despite years of low interest rates an estimated 6.1 million
homeowners could still both qualify for and benefit from a traditional
refinance accord...
Thu, Jul 2 2015, 11:41 AM
The National Association of Realtors® reported last week
that f irst time buyers had increased their share of existing home sales in May
by two per...
Thu, Jul 2 2015, 4:51 PM
In the S&P/Case-Shiller home price indices report for
April David M. Blitzer, Managing Director and
Chairman of the Index Committee at S&P Dow Jones...
Thu, Jul 2 2015, 4:01 PM
A new analysis by CoreLogic shows an increased risk of
mortgage application fraud associated with purchase loans while loans made for
refinancing ...
Wed, Jul 1 2015, 10:26 AM
An unsigned article in the National Law Review takes another
look at the Federal Housing Finance Agency (FHFA)/Treasury Department handling
of the ...
Wed, Jul 1 2015, 10:22 AM
In a report prepared for submission to Congress the Federal Housing Finance Agency analyzes the guarantee fees charged by Freddie Mac and Fannie Mae (...
Wed, Jul 1 2015, 9:24 AM
Mortgage applications declined yet again during the week ended June
26. The Mortgage Bankers Association
(MBA) said its Market Composite Index, a...
Wed, Jul 1 2015, 4:08 PM
Construction spending in the public and private sectors
increased slightly in May to a seasonally adjusted annual rate of $1,035.8
billion . The f...
Wed, Jul 1 2015, 4:07 PM
Highlights from the most recent update to Fannie's Selling Guide:
Conversion of
Principal Residence Requirements
At the height of the
finan...
Tue, Jun 30 2015, 10:47 AM
Home prices rose 1.0 percent in April. Black Knight Financial Services said its Home
Price Index for the month was at $248,000 compared to $245,000 ...
Tue, Jun 30 2015, 10:10 AM
House prices continued to increase in
April but the gains lost a bit of momentum compared to the previous month,
reversing the acceleration noted by...
Mon, Jun 29 2015, 1:37 PM
Pending home sales hit their highest level in over nine years in May,
indicating that the strong existing and new home sales announced last week are
...
Fri, Jun 26 2015, 4:43 PM
Another measure of returning normalcy
came on Thursday with a report from the Office of Comptroller of the Currency
(OCC) on mortgage loan performan...
Thu, Jun 25 2015, 3:48 PM
Even as homeownership rates remain at
historic lows the mortgage debt on single family homes is increasing, ending
seven years of decline. Freddie ...
Thu, Jun 25 2015, 3:18 PM
It was buried by the release of the Supreme Court's decision
upholding a portion of the Affordable Health Care Act, but the Court today also upheld
...
Wed, Jun 24 2015, 8:57 AM
Mortgage applications, which posted eight declines in the last nine weeks,
recovered a bit during the week ended June 19.
The Mortgage Bankers As...
Wed, Jun 24 2015, 1:38 PM
There was a general increase in foreclosure activity in May
according to Black Knight Financial Services.
Its "First Look" at data that will be f...
Wed, Jun 24 2015, 1:37 PM
Freddie Mac said on Wednesday that it
Multi-Indicator Market Index (MiMi) shows that the U.S. housing market is
continuing to stabilize and those ...
Tue, Jun 23 2015, 12:03 PM
The good news in housing continued this morning with a
report on May new home sales. According
to the Census Bureau and the Department of Housing a...
Tue, Jun 23 2015, 10:31 AM
Prices across the U.S. rose 0.3 percent on a seasonally
adjusted basis in April compared to March the Federal Housing Finance Agency
(FHFA) said t...
Mon, Jun 22 2015, 11:07 AM
Maybe this time it is for real - the recovery
of the housing market that is. Coming on
top of excellent residential construction news last week t...
Fri, Jun 19 2015, 11:09 AM
The Federal Housing Administration
(FHA) has introduced its initial steps toward a new Single Family Loan Quality
Assessment Methodology or what i...
Thu, Jun 18 2015, 10:52 AM
Ellie Mae said on Thursday that its latest Origination Insight Report "Reflects a
home buying season in full swing ." The
May data shows purchas...
Thu, Jun 18 2015, 10:47 AM
Completed foreclosures - or what RealtyTrac classifies as
REO - drove foreclosure activity in May to a 19 month high . The company's U.S. Foreclosu...
Thu, Jun 18 2015, 10:30 AM
Senior executives polled recently by Fannie Mae expressed
increased optimism about the demand for purchase mortgages and their own
profitability, at...
