Wed, Apr 22 2015, 9:11 AM
Borrowers responded to some of the lowest interest rates in several
months by stepping up applications for mortgage financing. The Mortgage Bankers ...
Mon, Apr 20 2015, 10:07 AM
Changes to Fannie Mae and Freddie Mac's fee structure were announced by the
Federal Housing Finance Agency (FHFA) on Friday. But in the words of Th...
Mon, Apr 20 2015, 3:06 PM
There are 9.3 million former homeowners who were displaced
by foreclosures, short sales, and deeds in lieu of foreclosure between 2006 and
2014. Do...
Thu, Apr 16 2015, 11:58 AM
The rate of permitting for construction of single family
housing and residential construction completions were both down in March, Housing
starts ...
Thu, Apr 16 2015, 10:42 AM
Foreclosure activity increased by 20 percent in
March compared to February and was up 4 percent from a year earlier. RealtyTrac, in its combined M...
Thu, Apr 16 2015, 10:35 AM
The House of Representatives has passed a bill which would
amend the Truth in Lending Act (TILA) in respect to the way lenders compute and
disclos...
Wed, Apr 15 2015, 12:43 PM
The index measuring building confidence in the market for
new single family homes stopped its three month slide in April, jumping four
points from...
Wed, Apr 15 2015, 9:23 AM
Applications for purchase mortgages have ended three straight weeks in
which their volume increased an average of 6 percent. The Mortgage Bankers As...
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,...
