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...
Thu, Jun 18 2015, 10:19 AM
Implementation of the Know Before You Owe mortgage
disclosure rule has been delayed until October 1 . The rule was originally supposed to be
imple...
Wed, Jun 17 2015, 9:58 AM
Interest rates increased to the highest levels since last fall and the
volume of mortgage applications responded as might be expected, falling across...
Wed, Jun 17 2015, 1:50 PM
More than a quarter of a million homeowners emerged from
underwater the first quarter of 2015, an increase of $694 billion in positive
equity in hom...
Tue, Jun 16 2015, 10:28 AM
This morning's Residential Construction report for May, held
much better news than appeared at first glance even though that first glance was
not ba...
Tue, Jun 16 2015, 3:48 PM
Despite record low homeownership rates consumers
have not soured on the American dream.
The second annual edition of "How American Views Home Owner...
Mon, Jun 15 2015, 10:55 AM
Builder's demonstrated the highest confidence in the market
for newly built homes in nearly a year this month as the Housing Market Index
(HMI) publ...
Mon, Jun 15 2015, 10:11 AM
The Federal Housing Administration
(FHA) has revised its policy for so-called reverse mortgages, expanding options
for surviving spouses to remain...
Fri, Jun 12 2015, 4:09 PM
The plight of underwater homeowners is proving to be pesky to
resolve if Zillow's latest numbers on negative equity are correct. The company said to...
Thu, Jun 11 2015, 10:43 AM
Applications for the purchase of newly constructed
homes fell in May, a decline which the Mortgage Bankers Association (MBA)
attributed at least in ...
Thu, Jun 11 2015, 3:10 PM
Despite over two years of declines cash
sales continue to constitute more than one-third of total home sales. CoreLogic reported today that the shar...
Wed, Jun 10 2015, 9:50 AM
Americans got back to work during the week ended June 5 and mortgage
applications rebounded significantly .
Volume made up the ground lost during ...
Wed, Jun 10 2015, 2:55 PM
For the third time this month a mortgage company, this one
in the process of dissolution , has been charged with violating the Loan
Originator Comp...
Tue, Jun 9 2015, 1:28 PM
It continues to be clear that the
foreclosure crisis is winding down while ongoing elevated levels of mortgage
distress mean it could be a long time...
Mon, Jun 8 2015, 12:31 PM
While the trend will likely continue to reverse in the next few reports, refinancing, as a share of total originations, made an impressive recovery ...
Mon, Jun 8 2015, 4:59 PM
The recent improved employment statistics which included an
acceleration in average hourly earnings and a reported increase in personal
income (a Ma...
Mon, Jun 8 2015, 2:08 PM
The percentage of total home sales coming from distressed
inventories continues to drop. CoreLogic
said on Monday that short sales and sales of own...
Fri, Jun 5 2015, 7:42 PM
For the second time this week the
Consumer Financial Protection Bureau (CFPB) has filed in federal court against
a lender for unfair compensation p...
Fri, Jun 5 2015, 3:26 PM
Are those sought-after first-time homebuyers finally re-emerging? RealtyTrac said on Thursday that they may be
the reason that the average percent...
Thu, Jun 4 2015, 10:58 AM
The availability of
mortgage credit continued to rise in May the Mortgage Bankers Association (MBA)
said today. Its Mortgage Credit Availability
I...
Thu, Jun 4 2015, 5:08 PM
Older Americans are being warned that ads
touting reverse mortgages "that seem too good to be true" might be just that. Rather slyly using a tag lin...
Thu, Jun 4 2015, 2:37 PM
Enforcement of compliance with the new RESPA/TILA disclosure
forms has been postponed . As appeared
inevitable after almost unanimous testimony ...
Thu, Jun 4 2015, 2:05 PM
Mortgage profits soared in the first quarter of 2015 the
Mortgage Bankers Association (MBA) said this week, nearly doubling the per loan net
pro...
Wed, Jun 3 2015, 10:02 AM
The week ended May 29 was another of those holiday shortened weeks when the most relevant comment that can be made about mortgage application numbers ...
Wed, Jun 3 2015, 2:54 PM
I am here in Denver and had the opportunity this morning to hear MBA
President Dave Stevens, under the direction of CFPB Director Richard
Cordray,...
Tue, Jun 2 2015, 4:51 PM
For some time
conventional wisdom has held that home price increases are slowin g and would
continue to do so, but the CoreLogic Home Price Index (...
Tue, Jun 2 2015, 4:40 PM
Provident Funding Associates has been charged by two federal
agencies with charging higher broker fees to minority borrowers . The Consumer
Financ...
Mon, Jun 1 2015, 10:58 AM
Total spending on construction ticked up moderately in
April, rising to a seasonally adjusted annual rate of $1,006.1 billion the U.S.
Census Bureau...
Mon, Jun 1 2015, 2:52 PM
The old adage might be "go West" but new home buyers aren't listening. A recent analysis by CoreLogic shows that the
strongest new home sales marke...
Fri, May 29 2015, 1:57 PM
A Florida law firm and its several affiliates which had
already been shuttered by the State of Florida and the Consumer Financial
Protection Bureau ...
