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 ...
Mon, Mar 9 2015, 1:23 PM
Black Knight Financial Service's current Mortgage Monitor Report takes an in-depth
look at home affordability and foreclosure metrics, both based...
Mon, Mar 9 2015, 1:09 PM
The share of all cash sales continue to fall in December along
with the volume of distressed property sales. CoreLogic said on Monday that
35.5 per...
Fri, Mar 6 2015, 3:42 PM
It seems that taxes on real property reflect not only the
value of the property itself, but also how long the owner has held title. That was one f...
Thu, Mar 5 2015, 10:56 AM
Even though implementation of the Freddie Mac portion of the
new 97 percent conventional loan program is still weeks away the program
appears to be ...
Thu, Mar 5 2015, 4:38 PM
In a speech on Thursday the director of the Federal Housing
Finance Agency (FHFA) emphasized one of the three familiar goals of his agency's
2015 ...
Wed, Mar 4 2015, 9:12 AM
Mortgage applications were mixed and largely
flat during the week ended February 27.
The Mortgage Bankers Association said its Market Composite Ind...
Tue, Mar 3 2015, 2:34 PM
Home prices, including sales of distressed properties,
continued to appreciate on both an annual and a monthly basis in January. CoreLogic said th...
Tue, Mar 3 2015, 2:04 PM
The
multifamily market outperformed many predictions in 2014; vacancy levels,
despite a flood of new properties, declined by 10 basis points from ...
Mon, Mar 2 2015, 11:32 AM
Both publicly and privately funded construction dipped
slightly in January from February levels the Census Bureau said today, although
both total ...
Mon, Mar 2 2015, 4:26 PM
The Federal Housing Finance Agency (FHFA), conservator of
Fannie Mae and Freddie Mac (the GSEs), released guidelines for their sales of
non-perform...
Fri, Feb 27 2015, 11:27 AM
Even though sales of existing homes dropped by 4.9 percent
in January buyers were apparently out shopping and seriously so. The National Association...
Fri, Feb 27 2015, 2:39 PM
While its ultimate focus is the future
of the construction equipment business, Wells Fargo's Equipment Finance
division has some predictions for re...
Thu, Feb 26 2015, 12:43 PM
The Federal Housing Administration (FHA) saw its share of
the mortgage market soar to 72 percent of all mortgages issued in 2008 as other
lenders pu...
Thu, Feb 26 2015, 12:13 PM
The Federal Housing Finance Agency (FHFA) said today that
home prices in the fourth quarter of 2014 were up 1.4 percent compared to the
previous...
Wed, Feb 25 2015, 10:49 AM
Sales of newly constructed single-family homes dipped only slightly
in January from December levels. The U.S.
Census Bureau and Department of Hou...
Wed, Feb 25 2015, 8:59 AM
Mortgage applications
declined again during the week ended February 20. The Mortgage Bankers Association (MBA) said
that its Market Composite Ind...
Wed, Feb 25 2015, 2:43 PM
Freddie
Mac said on Wednesday that its Multi-Indicator Market Index (MiMi) still shows that,
at the national level, housing is continuing to stabil...
Wed, Feb 25 2015, 2:40 PM
Black Knight Financial Services has released a "first look"
at its month-end January mortgage performance statistics. The company regularly previe...
Wed, Feb 25 2015, 2:40 PM
The
Home Price Index (HPI) report issued this week by Black Knight Financial
Services shows the December national index at $241,000, a -0.1 percent...
Tue, Feb 24 2015, 11:24 AM
Despite increases in 2014 that
were twice that of inflation, house prices are "faltering." The S&P/Case-Shiller composite city indices
for Decemb...
Mon, Feb 23 2015, 10:57 AM
Existing home sales in January were disappointing
to start the New Year, declining to their lowest rate in nine months. The sales, which include com...
Mon, Feb 23 2015, 3:45 PM
There appears to be a battle in the making between
Realtor.com, which has provided on-line nationwide residential listing
information since the In...
Fri, Feb 20 2015, 4:18 PM
Loans for home refinance made up 51 percent o f all loan
originations in January, an 8 percent jump compared to December. Ellie
Mae's Originat...
Fri, Feb 20 2015, 1:33 PM
Like Freddie Mac, Fannie Mae has
also reported a profitable fourth quarter of 2014 and a profitable year. The company had both net and comprehensive...
Fri, Feb 20 2015, 1:20 PM
Freddie Mac said today that full-year net income and
comprehensive income, $7.7 billion and 9.4 billion respectively, made 2014 the
company's third ...
Thu, Feb 19 2015, 10:56 AM
Just as the government sponsored enterprises Fannie Mae and
Freddie Mac are launching new 97 percent conventional loans, RealtyTrac is
announcing th...
Thu, Feb 19 2015, 4:05 PM
Housing affordability grew slightly in the fourth quarter of
2014 according to the National Association of Home Builders (NAHB)/Wells Fargo
Housing ...
Thu, Feb 19 2015, 4:02 PM
Freddie Mac's economists have revised many of their earlier
estimates for the 2015 U.S. economy. In
terms of overall economic growth the revisions ...
Wed, Feb 18 2015, 10:08 AM
The Census Bureau and the Department of Housing and Urban
Development's New Residential Construction summary for January 2015 showed
mixed and mostl...
Wed, Feb 18 2015, 9:42 AM
Mortgage application
volume fell across the board for the second straight time during the week ended
February 13, 2015. The Mortgage Bankers
Assoc...
Tue, Feb 17 2015, 10:59 AM
Bad weather appears
to be taking a toll on otherwise solid builder confidence. The
National Association of Home Builders (NAHB) said its Housing ...
Fri, Feb 13 2015, 4:45 PM
Current regulatory policy is not addressing the primary
cause of foreclosures . CoreLogic's deputy
chief economists Sam Khater says, in an article...
