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...
Thu, Jul 30 2015, 11:05 AM
The rich get richer?
When it comes to equity that appears to be the case according to
information released by RealtyTrac on Thursday. The company's...
Thu, Jul 30 2015, 2:10 PM
Well Fargo Bank announced today that it
will immediately begin winding down its marketing services and desk rental
agreements with real estate fir...
Wed, Jul 29 2015, 10:13 AM
Pending home sales dipped slightly in
June, ending five straight months of increases.
The National Association of Realtors® (NAR) said today that...
Wed, Jul 29 2015, 9:09 AM
Perhaps consumers viewed the recent retreat in rates as their last chance
to refinance before the Fed starts ratcheting up rates - maybe today, may...
Tue, Jul 28 2015, 10:42 AM
Home price data from S&P Dow Jones Indices was mixed for May. All three of the Case-Shiller measures, the National Index and the 10-City and 20-Cit...
Tue, Jul 28 2015, 2:29 PM
Homeownership declined yet again in the second quarter of
2015. The Census Bureau said that the
national rate dropped from 63.7 percent in the firs...
Mon, Jul 27 2015, 1:10 PM
Another report shows home price values in May close to, if
not exceeding, those prior to the housing crisis. The latest, from Black Knight Financial...
Mon, Jul 27 2015, 1:03 PM
While home sales are sailing, recently closing in on numbers last seen
before the Great Recession, CoreLogic Senior Economist Frank Nothaft, points
...
Fri, Jul 24 2015, 10:56 AM
The report this morning on June new home sales blunted much
of the optimism generated by yesterday's news about existing home sales. The Census Bure...
Thu, Jul 23 2015, 9:38 AM
Mortgage Bankers Association (MBA) economists joined in the
recent surge of housing optimism Wednesday, increasing their projections for mortgage
o...
Thu, Jul 23 2015, 9:36 AM
It is different this time.
At least that's the contention of the writers of this month's Economic
and Housing Outlook regarding new low downpayment...
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 ...
