Fri, Feb 13 2015, 4:38 PM
Three mortgage lenders are facing civil action for false and misleading
advertising. The three were identified
in a joint Consumer Financial Prote...
Thu, Feb 12 2015, 10:56 AM
While all-cash sales continue to decline as a percentage of
all home sales, in several states they still account for more than half of all
residen...
Thu, Feb 12 2015, 10:54 AM
As the housing industry continues to recover we see
occasional troublesome spikes in one statistic or another. RealtyTrac reported a couple of such ...
Thu, Feb 12 2015, 10:44 AM
Applications for mortgages to purchase newly construction
homes increased by 29 percent in January.
The Mortgage Bankers Association (MBA) said t...
Wed, Feb 11 2015, 8:36 AM
The on and off refinancing boomlet that has sporadically driven mortgage
application volume since the first of the year went missing again during t...
Wed, Feb 11 2015, 6:03 PM
Julian Castro told the House Financial Services Committee on Wednesday
that the Federal Housing Administrations (FHA) historically high premiums limi...
Tue, Feb 10 2015, 10:49 AM
Foreclosures during the 12 months ended on December 31 were
the lowest recorded in the U.S. over that time period since November 2007
CoreLogic sa...
Tue, Feb 10 2015, 3:36 PM
In a paper on the issue, the Consumer
Financial Protection Bureau (CFPB) says that "Many older consumers and their
families are confused and frustr...
Mon, Feb 9 2015, 3:08 PM
Fannie Mae said today that its monthly National Housing
Survey (NHS) portrayed increasing optimism as both employment and overall
economic figures...
Fri, Feb 6 2015, 2:16 PM
The National Association of Home Builders ( NAHB ) said today
that nationwide metropolitan area markets are improving at a constant pace and are
n...
Fri, Feb 6 2015, 2:02 PM
As
might be expected, as the number of foreclosures has dwindled , so has the number
of so-called zombies . However RealtyTrac
said on Friday th...
Thu, Feb 5 2015, 2:43 PM
New initiatives aimed at increasing access to credit and making it more
affordable began to pay off in January according to Mike Fratantoni, the
Mor...
Thu, Feb 5 2015, 2:41 PM
Even though his predecessor as head of the Federal Housing
Finance Agency (FHFA) was adamant in his refusal to consider it, Melvin L. Watt
seems r...
Wed, Feb 4 2015, 8:59 AM
Mortgage activity showed no signs of settling down from its rather wild
and wooly behavio r since the first of the year. Data from the Mortgage Ban...
Tue, Feb 3 2015, 10:03 AM
The uninterrupted streak
of annual nationwide price increases was extended to 34 months in December
CoreLogic said today. The company's Home
P...
Mon, Feb 2 2015, 12:48 PM
December expenditures for construction posted a small gain
in December, rising a scant 0.4 percent over November figures. The Census Bureau said tod...
Mon, Feb 2 2015, 3:09 PM
Rising home prices have been a boon to many homeowners but may
not bode as well for those who are facing foreclosure. Black Knight Financial Service...
Fri, Jan 30 2015, 3:32 PM
When Federal Housing Finance Agency Director Melvin L. Watts
testified before the House Financial Services Committee early this week he said
that FH...
Fri, Jan 30 2015, 3:27 PM
As it said it would, the Consumer Financial Protection
Bureau (CFPB) has taken steps to assist small lenders , particularly those in
rural areas, c...
Fri, Jan 30 2015, 3:26 PM
The topic of income inequality is, as they
say, trending, and this has moved CoreLogic to look at the nature of incomes and
homeowners. In a rece...
Thu, Jan 29 2015, 10:54 AM
The rate at which contracts were signed to purchase homes was down slightly
in December the National Association of Realtors® (NAR) said today. Ev...
Thu, Jan 29 2015, 3:49 PM
Fifty-six percent of loans closed in
December were for home purchase, somewhat lower than the average for 2014 as a whole
according to the Originat...
Wed, Jan 28 2015, 9:03 AM
The law of physics prevailed last week and mortgage applications, riding
high for the previous two weeks, returned to earth. The Mortgage Bankers As...
Wed, Jan 28 2015, 5:19 PM
Freddie Mac's Multi-Indicator Market
Index (MiMi) rose nationally this month for the third consecutive time. This,
along with improving three month...
Tue, Jan 27 2015, 11:19 AM
As has been the case for some months the latest report from
S&P/Case Shiller shows a continued slowing of home price increases. November results for...
Tue, Jan 27 2015, 10:38 AM
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Tue, Jan 27 2015, 10:33 AM
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Tue, Jan 27 2015, 2:51 PM
Melvin L. Watt, appeared before the House Financial Services
Committee on Tuesday, his first such appearance since he became director of the
Federal...
Tue, Jan 27 2015, 1:22 PM
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Mon, Jan 26 2015, 11:55 AM
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Fri, Jan 23 2015, 11:47 AM
Fannie
Mae's economists expect the economy to strengthen in 2015 and that will "drag"
housing into a better cycle this year.
The company's forec...
Fri, Jan 23 2015, 11:32 AM
There
is certainly no dearth of economic and housing forecasts afoot in the land. Freddie Mac starts out its current U.S.
Economic & Housing Marke...
Fri, Jan 23 2015, 11:19 AM
Existing home sales yo-yoed again in December. The National Association of Realtors® (NAR) said total sales
of existing homes, including single fami...
Thu, Jan 22 2015, 4:48 PM
Optimism about the housing market has been a "misplaced
notion" for the last seven years according to Wells Fargo Senior Economist Mark
Vitner, Bu...
Thu, Jan 22 2015, 4:42 PM
Wells Fargo and JPMorgan Chase along with a former Wells
Fargo employee and his wife are the subjects of consent orders filed by the
Maryland Attor...
Wed, Jan 21 2015, 10:40 AM
December's numbers for residential construction were mixed
when compared to November, but all were better than the monthly figures the previous
Dece...
Wed, Jan 21 2015, 9:18 AM
Applications for mortgage refinancing scored a second straight week of
solid growth during the period ended January 16, with the Mortgage Bankers
As...
Tue, Jan 20 2015, 11:31 AM
The National Association of Home Builders' (NAHB') monthly
assessment of builder confidence in the new home market showed a slight
weakening in Ja...
Tue, Jan 20 2015, 3:29 PM
The Supreme Court will hear oral arguments on Wednesday that may drastically
change the way in which the 1968 Fair Housing Act has been interpreted. ...
Thu, Jan 15 2015, 10:42 AM
Applications for mortgages to purchase newly constructed
homes dipped slightly in December, down 0.4 percent from the volume reported in
November....
Thu, Jan 15 2015, 10:41 AM
Cash sales dropped
on a year-over-year basis for the 22 nd consecutive month in October and
CoreLogic is projecting they will return to their pre-c...
Wed, Jan 14 2015, 10:46 AM
Foreclosures, while now down 64 percent from the peak reached
in September 2010, are still nearly double the monthly average before the
housing cris...
Wed, Jan 14 2015, 9:39 AM
The first week of the New Year was a good one - no make that a great one
- for mortgage activity with virtually unprecedented increases in mortgage
...
Tue, Jan 13 2015, 12:58 PM
According to a study conducted by the CFPB, nearly half of all consumers do not shop around before purchasing a
mortgage. "This means," Richard Co...
Tue, Jan 13 2015, 12:22 PM
In its "first look" at November
mortgage data last week Black Knight Financial Services noted a significant surge
in mortgage delinquencies compar...
Mon, Jan 12 2015, 11:02 AM
The Federal Housing Administration (FHA) has
issued a critical update related to last week's announcement of FHA
premium changes. The update contai...
Fri, Jan 9 2015, 12:21 PM
Details and clarifications are now available
for lenders and borrowers regarding President Obama's Thursday announcement of
reduced FHA mortgage ins...
Fri, Jan 9 2015, 3:03 PM
Owners of some 90 percent of mortgage properties in the U.S.
now have some degree of equity in their homes.
CoreLogic said today that 273,000 prop...
Fri, Jan 9 2015, 2:49 PM
It was notable in the years after the
housing collapse that the composition of investors in single family real estate
changed drastically. Long t...
Fri, Jan 9 2015, 2:39 PM
Even though consumers are becoming increasingly optimistic about
the economy and comfortable that it is heading in the right direction, results
of t...
