Tue, Apr 14 2015, 11:30 AM
While activity related to distressed mortgage
loans continues to grind its way back to normal levels, CoreLogic says that 17
of the 25 judicial fo...
Tue, Apr 14 2015, 4:03 PM
First-time homebuyers seeking to buy a house through Fannie
Mae's HomePath ® program can
receive a significant hand-up from a new program the com...
Mon, Apr 13 2015, 4:25 PM
There are
risks involved in doing nothing two economists contend, referring to the
Federal Reserve's signal at its March Open Market Committee (FOMC...
Mon, Apr 13 2015, 3:07 PM
New Day Financial LLC has settled with
mortgage regulators in 43 states over allegations they helped employees with
some major cribbing on critica...
Fri, Apr 10 2015, 10:36 AM
In its Economic and Housing Outlook
for April Freddie Mac's economists point out that the spring homebuying season has
become familiar territory. ...
Fri, Apr 10 2015, 10:26 AM
Sales of new homes appeared to have surged in March. According to the Mortgage Bankers Association
(MBA) mortgage applications for new home purchase...
Fri, Apr 10 2015, 4:59 PM
This story can be adequately summed up with the internet meme: ' facepalm .'
Yet another ethically challenged lender is going to pay for implying a ...
Thu, Apr 9 2015, 10:53 AM
The percentage of all-cash home sale
transactions declined for the 25 th consecutive month in January,
falling to a 38.9 percent share.
CoreL...
Thu, Apr 9 2015, 10:49 AM
Among the most
contentious issues at the Federal Housing Finance Agency (FHFA) when Edward J. DeMarco
was its acting director was his refusal to a...
Wed, Apr 8 2015, 8:59 AM
A healthy increase in purchase mortgage applications last week was met
with shrinking refinance activity leaving the Mortgage Bankers Association's...
Wed, Apr 8 2015, 3:50 PM
If data from Fannie Mae's March National Housing Survey is
any indication, consumers seem to have grown a bit uneasy as many of the positive
respo...
Wed, Apr 8 2015, 3:43 PM
Home prices including
distressed sales increased again in February on both a monthly and an annual
basis CoreLogic said on Tuesday. Its nationwid...
Tue, Apr 7 2015, 10:46 AM
The number of homeowners who could potentially benefit from
refinancing has increased by 3 million in the last year according to Black
Knight Fina...
Tue, Apr 7 2015, 10:31 AM
Several factors combined to improve access to mortgage
credit last month with the greatest gains coming in conforming loans. The Mortgage Bankers As...
Mon, Apr 6 2015, 12:11 PM
The National Association of Realtors®
(NAR) recently hosted a meeting of about a dozen real estate and mortgage
industry experts to examine the curr...
Mon, Apr 6 2015, 12:06 PM
It has been a common theme from industry analysts and home
sales and construction reports for at least five years; the recovery is being
hampered, p...
Fri, Apr 3 2015, 10:34 AM
Mortgage profits declined in the fourth
quarter of 2014 compared to the previous quarter but soared when compared to the
fourth quarter of 2013. I...
Fri, Apr 3 2015, 10:18 AM
Another source is affirming that the rapid growth in home
prices that started in 2013 has continued to slow and that the deceleration is
broad base...
Thu, Apr 2 2015, 12:58 PM
Even as some in the industry apparently hope for a reprieve
from implementing new mortgage disclosure forms the Consumer Financial
Protection Bure...
Wed, Apr 1 2015, 9:08 AM
The volume of mortgage applications increased for both refinancing and
purchasing during the week ended March 27.
It was the second consecutive wee...
Wed, Apr 1 2015, 1:02 PM
Overall construction spending in the U.S. was essentially
unchanged from January to February and there was only slight movement in both
public and...
Tue, Mar 31 2015, 10:47 AM
Home
prices flattened on a month-over-month basis in January even as annual prices
continued to increase S&P Dow Jones Indices said today. The ...
Tue, Mar 31 2015, 3:03 PM
Nationwide said on Tuesday that the overall housing market
is healthier than at any time since 2001 , the earliest point for which data is
availabl...
Mon, Mar 30 2015, 10:59 AM
Contract signings in the Midwest and South in February drove
pending home sales to their highest level in nearly two years. The National Association...
Fri, Mar 27 2015, 2:48 PM
The old maxim that a household rents only until it can
afford to buy a home is apparently being stood on its head in a lot of housing
markets. A st...
Thu, Mar 26 2015, 12:28 PM
In the past five years there has been a monumental shift in
mortgage loan servicing. Bank servicing
subsidiaries, which once dominated in the mar...
Thu, Mar 26 2015, 12:13 PM
While a study released on Thursday by
RealtyTrac shows a huge discrepancy between the growth in home prices and
increasing wages, it appears that ho...
Wed, Mar 25 2015, 9:09 AM
Stoked by the lowest interest rates in several weeks the volume of applications
for mortgages to both purchase and refinance homes increased by the...
Wed, Mar 25 2015, 2:45 PM
Freddie Mac said today that housing
market stability "stumbled a bit" due to the cold winter weather and softening
economic growth. The company's...
Tue, Mar 24 2015, 11:13 AM
New home sales rose on a seasonally adjusted annual basis in
February, partially because of a near tripling of sales in the Northeast . Nationall...
Tue, Mar 24 2015, 1:40 PM
Three economists writing for the
Federal Reserve Bank of San Francisco's Economic
Letter , are theorizing that the explosion of lending, especially...
Mon, Mar 23 2015, 11:51 AM
Short supplies of existing home inventory continued to hold
back sales in February the National Association of Realtors® (NAR) said today, but
con...
Mon, Mar 23 2015, 2:15 PM
The number of pending foreclosures nationwide, the "foreclosure
inventory," reached a milestone in February .
For the first time since December 20...
Fri, Mar 20 2015, 3:47 PM
The 114th Congress's
first attempt at housing financial reform legislation hit the House hopper on
Thursday. The bill, H.R. 1491 establishes an ins...
Fri, Mar 20 2015, 2:25 PM
A few weeks ago there were a flurry of
comments on MBS Live from members
expressing concern about a sudden increase in appraisals reflecting...
Thu, Mar 19 2015, 2:33 PM
February was the second month in a row that refinancing made
up more than half of all mortgage originations.
Ellie Mae's latest Origination
Insi...
Thu, Mar 19 2015, 2:32 PM
In its quarterly survey of lenders' sentiment Fannie Mae
found increasing optimism about the mortgage business. The survey conducted in the first qu...
Thu, Mar 19 2015, 2:18 PM
In
2013 Fannie Mae and Freddie Mac (the GSEs) both essentially bankrupt five years
earlier, posted huge profits. For Fannie
Mae it was $84 billi...
Wed, Mar 18 2015, 9:08 AM
It has been a tough winter and with spring
less than a week away borrowers have apparently not yet emerged from hibernation. Applications for both...
Wed, Mar 18 2015, 1:56 PM
Even though the number of underwater
homes increased seasonally in the fourth quarter of 2014, CoreLogic reports
that 1.2 million borrowers regained...
Tue, Mar 17 2015, 11:21 AM
Housing starts and completions plummeted nationwide in
February, but especially in the Northeast and Midwest where record cold and
nearly constant s...
Tue, Mar 17 2015, 10:14 AM
Embargoed until midnight - also didn't know if the charts would translate this way or not - looks like they might have.
It
seems counterintuitive,...
Mon, Mar 16 2015, 11:00 AM
Builder confidence in the market for newly built, single family homes has declined
to its lowest level in nine months. The
National Association of ...
Fri, Mar 13 2015, 3:18 PM
The competition in today's housing market is suddenly fierce, so fierce that some are calling the cops.
"We got shut down!!" laughed Catherine ...
Thu, Mar 12 2015, 10:48 AM
Applications for mortgages to purchase newly constructed
homes jumped significantly in February the Mortgage Bankers Association (MBA) said
toda...
Thu, Mar 12 2015, 3:16 PM
Freddie Mac's economists restated their February forecast in
their Economic and Housing Outlook just
released for March, that 2015 could be the b...
Wed, Mar 11 2015, 9:15 AM
Applications for purchase mortgages picked up a little steam this week
even as application volume overall remained flat. The Mortgage Bankers Associ...
Tue, Mar 10 2015, 10:24 AM
It was hailed by NBC news on Monday as
the most radical change to credit reporting in decades and New York Attorney
General Eric T. Schneiderman s...
Tue, Mar 10 2015, 2:03 PM
The percentage of consumers believing the economy is on the right track finally crossed paths with those who say the economy is on the wrong track i...
Tue, Mar 10 2015, 1:49 PM
Completed foreclosures declined by
nearly a quarter over the course of 2014 CoreLogic said today, and the
foreclosure inventory has improved even ...
