Thu, Dec 18 2014, 1:22 PM
Referring to its " roller-coaster
pattern of economic growth," Fannie Mae summarized the economy and housing in
2014 as a year that started with a ...
Thu, Dec 18 2014, 1:03 PM
Fannie Mae's writers use the word "stable" repeatedly to
describe many of the findings from its fourth quarter 2014 Mortgage Lender
Sentiment Surv...
Wed, Dec 17 2014, 9:39 AM
Mortgage applications were down modestly during the week
ended December 12, with purchase applications accounting for the decline. The Mortgage Ba...
Wed, Dec 17 2014, 4:46 PM
The person who perhaps made it possible for state and
federal governments to collect billions from the Bank of America will apparently
be amply co...
Tue, Dec 16 2014, 12:32 PM
All three of the U.S. Census Bureau/Department of Housing
and Urban Development construction indicators dropped in November from their
October leve...
Mon, Dec 15 2014, 10:58 AM
Builder confidence as measured by the National
Association of Home Builders (NAHB)/Wells Fargo Home Market Index (HMI) fell
back slightly in Decem...
Mon, Dec 15 2014, 2:00 PM
The BuildFax Remodeling Index for October
indicates a slight slowdown in the number of building permits issued for the
purpose of residential remode...
Fri, Dec 12 2014, 5:24 PM
Bank of America was hit this week with
another civil penalty , this time for making what are termed excessive and
harassing mortgage debt collectio...
Fri, Dec 12 2014, 5:19 PM
Amid the wrangling over the
budget and the CIA report the Senate did manage to extend some extra
foreclosure protections for military service memb...
Thu, Dec 11 2014, 3:34 PM
The Housing
Finance Policy Center, part of the Urban Institute, has released a new measure of
credit availability . In an article in
the Urban In...
Thu, Dec 11 2014, 1:31 PM
While overall foreclosure activity overall
continued its now years-long decline from housing crisis peaks there was a
significant year-over-year inc...
Wed, Dec 10 2014, 9:49 AM
The
week ended December 5 was another of those post-holiday periods when mortgage
application data skews all over the place just as it did during th...
Wed, Dec 10 2014, 2:47 PM
Cash
sales continued to decline in importance in September. These sales, which represented close to half
of all home sales when foreclosures and le...
Tue, Dec 9 2014, 2:02 PM
While
the dream of homeownership has been sidelined for many, it appears to have not been
derailed. Freddie Mac says the responses of renters to a...
Tue, Dec 9 2014, 1:15 PM
Credit
access increased in November, again primarily because of new jumbo loan
products. The Mortgage Bankers
Association (MBA) said its Mortgage ...
Mon, Dec 8 2014, 1:35 PM
After closing to its narrowest margin in survey history in October the gulf between people who think the current market it a good one for buyers and/...
Mon, Dec 8 2014, 1:27 PM
The two government sponsored
enterprises (GSEs) announced details today of their respective new low
downpayment conventional mortgage loans.
Each ...
Fri, Dec 5 2014, 2:37 PM
In its current edition of its monthly Mortgage Monitor report Black Knight
Financial services takes a new look at data on underwater delinquent bor...
Fri, Dec 5 2014, 2:11 PM
Three foreclosure prevention initiatives begun
in the early years of the housing crisis will receive updates to better reflect
the changing needs of...
Fri, Dec 5 2014, 1:24 PM
Mortgage bankers reported a slight
decrease in profits during the third quarter of 2014, with gains per loan
decreasing even as volume grew and th...
Fri, Dec 5 2014, 1:23 PM
Realtor.com® is offering five predictions
for the coming New Year. Three bode well
for the housing market and none are new.
Most in fact could ...
Thu, Dec 4 2014, 1:26 PM
Completed foreclosure dropped
precipitously in October compared to September, although they were down to a
significantly lesser extent from a year...
Wed, Dec 3 2014, 9:46 AM
Either eating turkey, Black Friday bargain hunting, or maybe both appear
to have diverted many Americans from pursuing a mortgage last week. Applica...
Wed, Dec 3 2014, 4:15 PM
Redfin, the large national real estate
firm based in Seattle, is reporting that, while sales of homes costing over $1
million is still outpacing the...
Tue, Dec 2 2014, 12:28 PM
Total construction expenditures nationwide
in October are estimated to have been at a seasonally adjusted annual rate of
$971.0 billion. The Census...
Tue, Dec 2 2014, 10:37 AM
Half of the nation's states and the
District of Columbia are now at or within 10 percent of the peak reached before
the housing crisis brought home ...
Mon, Dec 1 2014, 2:32 PM
The ghosts of originations past could
still come back to haunt the housing industry according to a new report from
Fitch Ratings. The company says ...
Mon, Dec 1 2014, 2:21 PM
Could lower energy costs translate into a
more lively real estate market? It seems
logical - the less consumers must spend to keep their cars mov...
Wed, Nov 26 2014, 12:22 PM
In what could be a controversial move the Federal
Housing Finance Agency (FHFA) has directed the government sponsored enterprises
(GSEs) to allow fo...
Wed, Nov 26 2014, 12:18 PM
Sales of newly constructed single family
homes rose slightly in October compared to September and were also improved
from sales a year earlier. The...
Wed, Nov 26 2014, 12:13 PM
While pending home sales were down
slightly compared to September the National Association of Realtors® (NAR) said
October was the second month in...
Wed, Nov 26 2014, 8:54 AM
Mortgage application volume was mixed during
the week ended November 21. The Mortgage Bankers Association (MBA) reported
that its Market Composite I...
Tue, Nov 25 2014, 11:25 AM
The maximum conforming loan limit will
remain at $417,000 for most of the U.S. in 2015. FHFA announced the limits, which define the
size of loans...
Tue, Nov 25 2014, 11:00 AM
Is the party officially over?
S&P Dow Jones Indices said today that
the increase in home prices, which has shown diminishing energy for months,
...
Mon, Nov 24 2014, 2:23 PM
The Federal Reserve has completed its
latest round of Quantitative Easing, the government sponsored enterprises
(GSEs) Freddie Mac and Fannie Mae ar...
Fri, Nov 21 2014, 2:38 PM
Growing
numbers of severe weather events throughout the U.S. may be giving new meaning
to "location, location, location" in the housing world. Co...
Fri, Nov 21 2014, 2:22 PM
Fannie Mae
and Freddie Mac have nailed down the promised details the life-of-loan
exclusions related to their representation and warranty framewor...
Fri, Nov 21 2014, 2:20 PM
A report from the Federal Housing Finance
Agency (FHFA) says that while the average fee charged by the government
sponsored enterprises (GSEs) for p...
Fri, Nov 21 2014, 1:45 PM
The Consumer Financial Protection Bureau (CFPB) has proposed
some new measures affecting the way servicers handle mortgages in various
stages of def...
Thu, Nov 20 2014, 1:08 PM
Melvin L. Watt, Director of the Federal Housing Finance
Agency (FHFA) told the Senate Banking Committee today that Freddie Mac and
Fannie Mae (the G...
Thu, Nov 20 2014, 1:02 PM
If October sales of existing homes are an indication
2014 may come to a better conclusion than has been expected. The National Association of Realto...
Wed, Nov 19 2014, 11:53 AM
October was a mixed month for new
residential construction data. More
permits were issued than in September but housing starts and completions w...
Wed, Nov 19 2014, 9:37 AM
The week ended November 14 was a lackluster one for
mortgage activity. Mortgage applications
during the week, as measured by the Mortgage Bankers A...
Tue, Nov 18 2014, 10:48 AM
New home builders regained some of the confidence in
the market they had displayed in September after wavering significantly in
October. The Na...
Mon, Nov 17 2014, 3:37 PM
Despite dire predictions from many quarters the
Federal Housing Administration's (FHA's) Mutual Mortgage Insurance Fund (MMIF)
has returned to solve...
Mon, Nov 17 2014, 2:38 PM
The prognosticators are already gearing up
for the New Year and at least one foresees a strong economy in 2015. Freddie Mac's chief economist Frank ...
Fri, Nov 14 2014, 12:44 PM
Although cash sales ticked up slightly in August, a
pattern that has been maintained for 14 of the last 15 years, that share of all
home sales conti...
Fri, Nov 14 2014, 12:39 PM
Even through housing prices gained ground in the third
quarter of 2014 the National Association of Home Builders (NAHB) said today
that affordabilit...
Thu, Nov 13 2014, 10:06 AM
A surge in scheduled auctions sent the
overall rate of foreclosure activity surging in October. In its U.S.
Foreclosure Market Report released on ...
Thu, Nov 13 2014, 9:56 AM
The Mortgage Bankers Association (MBA) noted a significant
increase in new home sales in October.
MBA's estimate is based on responses to its Bui...