Fri, Aug 29 2014, 12:42 PM
RealtyTrac estimated that home
sales in July were at an annualized rate of 4.63 million units , a decrease of 3
percent from June and down 12 perce...
Thu, Aug 28 2014, 11:14 AM
What's this? The borrower receives a cat when their mortgage closes?
What would the CFPB say? Will fleas lead to a class action lawsuit a
year d...
Thu, Aug 28 2014, 11:09 AM
Favorable housing conditions were
credited for leading pending home sales higher in July to their best level
since August 2013 . Pending sales as...
Wed, Aug 27 2014, 12:40 PM
Distressed housing measures continued on
a somewhat jagged path toward normalcy in July according to preliminary numbers
released by Black Knight ...
Wed, Aug 27 2014, 9:52 AM
Applications for both home purchase and refinancing increased during the
week ended August 22. The Mortgage
Bankers Association said that its Marke...
Wed, Aug 27 2014, 1:16 PM
Freddie Mac said today that the housing
recovery continues to be a primarily local phenomenon . While markets with strong economies and
favorable ...
Wed, Aug 27 2014, 1:11 PM
Home prices have now increased on a quarterly
basis 12 consecutive times. The Federal
Housing Finance Agency (FHFA) said yesterday that the 12 th ...
Tue, Aug 26 2014, 11:52 AM
The Consumer Financial
Protection Bureau (CFPB) recently revised its policy guidance to residential
mortgage servicers and subservicers regarding t...
Tue, Aug 26 2014, 11:45 AM
Mortgage banks substantially improved
their bottom line numbers in the second quarter after posting a loss on every
loan written during the first ...
Tue, Aug 26 2014, 11:39 AM
The S&P Dow Jones Case-Shiller Home Price Indices for June confirm
what reports from earlier months have indicated, that there is a sustained
slowd...
Mon, Aug 25 2014, 10:46 AM
New home sales were down again in July, declining by
2.4 percent from June to a seasonally adjusted annual rate of 412,000
units. But the June rate...
Mon, Aug 25 2014, 2:20 PM
Home prices continued to increase in June but the
Home Price Index (HPI) released by Black Knight Financial Services showed
continued slowing in t...
Thu, Aug 21 2014, 11:46 AM
Existing home sales in July hit their
best pace so far this year the National Association of Realtors® (NAR) said
today, reflecting a 2.4 percent in...
Thu, Aug 21 2014, 11:44 AM
Total refinances through completed
through Freddie Mac and Fannie Mae (the GSEs) in the second quarter topped
344,000. The Federal Housing Finance
...
Thu, Aug 21 2014, 11:31 AM
It seems hard to imagine, but
CoreLogic said on Wednesday that once-upon-a time, before the housing crisis,
the sale of distressed homes made up on...
Wed, Aug 20 2014, 8:51 AM
As interest rates pulled back last week, refinancing drove mortgage
application activity slightly higher . The
Mortgage Bankers Association said t...
Wed, Aug 20 2014, 2:35 PM
Realtors responding to a recent survey
by the California Association of Realtors® (C.A.R.) reported that investors and
investor sales are a shrinki...
Tue, Aug 19 2014, 10:45 AM
Two important measures of strength in
the housing and construction industries moved substantially higher in July the
U.S. Census Bureau and the De...
Mon, Aug 18 2014, 11:14 AM
Measures
of builder confidence in the new home market rose again this month. The third consecutive monthly increase in the
National Association o...
Mon, Aug 18 2014, 4:21 PM
The Consumer Financial Protection
Bureau (CFPB) has increased threshold amounts for loans governed by various trigger
limits under Qualified Mortgag...
Fri, Aug 15 2014, 2:46 PM
Home prices "firmed" in several markets
in the second quarter and, according to the National Association of Home
Builders (NAHB)/Wells Fargo Housing...
Fri, Aug 15 2014, 2:20 PM
Less than a half-year after the
Ability-to-Repay (ATR) and Qualified Mortgage (QM) rules took effect most
lenders report little impact on their busi...
Fri, Aug 15 2014, 1:34 PM
CoreLogic
recently awarded its Academic Research Council Excellence Award to a study
conducted by professors from three universities who looked at r...
Thu, Aug 14 2014, 10:37 AM
There was a significant uptick in
foreclosure filings in July according to RealtyTrac's U.S. Foreclosure Market
Report. The company said however ...
Thu, Aug 14 2014, 10:31 AM
Applications for the purchase of newly
constructed single-family homes rose 2 percent in July. The Mortgage Bankers Association (MBA) based
this ...
Thu, Aug 14 2014, 10:30 AM
While the share of residential real
estate transactions that are all cash continues to decline they remain well
above historic levels CoreLogic said...
Thu, Aug 14 2014, 3:46 PM
Wells Fargo has apparently decided that
a carrot is better than massive layoffs when the mortgage business starts to
slide. Bloomberg is report...
Wed, Aug 13 2014, 9:44 AM
Applications volume was lower during the
week ended August 8 across all of the measures employed by the Mortgage Bankers
Association (MBA). MBA's M...
Wed, Aug 13 2014, 9:06 AM
An Atlanta-based Internet mortgage
company, its owner and an affiliate have been hit with a $19.3 million penalty
for what the Consumer Financial ...
Wed, Aug 13 2014, 1:55 PM
The estimate from the Bureau of Economic
Analysis (BEA) of sharply improved economic growth in the second quarter is
good news for the housing mar...
Tue, Aug 12 2014, 12:48 PM
Home price growth continued to
decelerate during the second quarter and the National Association of Realtors (NAR) said
the quarter ended with yea...
Tue, Aug 12 2014, 4:44 PM
The Federal Housing Finance Agency
(FHFA) moved another step closer on Tuesday to its strategic goal of issuing a
single mortgage-backed security...
Tue, Aug 12 2014, 2:28 PM
It's baaaack.
The condo market that is. At least according to CoreLogic which says
condo construction completions are up 90 percent to 2,100 ...
Mon, Aug 11 2014, 1:53 PM
While HUD has yet to post an official announcement, multiple sources indicate Carol Galante has resigned as FHA Commissioner. David H.
Stevens, h...
Fri, Aug 8 2014, 12:52 PM
The fear of a bubble, according to TransUnion in a study it
released on Thursday basically boils down to fear of the unknown. There may exist a risk...
Fri, Aug 8 2014, 3:08 PM
The gap between Americans who think it
is a good time to buy a house and those who feel it is a good time to sell
narrowed by six percentage points ...
Thu, Aug 7 2014, 12:51 PM
Freddie Mac and Fannie Mae each reported
out another successful financial quarter today as each continued to reduce their
respective distressed lo...
Thu, Aug 7 2014, 4:11 PM
The delinquency rate for one-to-four
unit residential mortgages decreased for the fifth consecutive time in the
second quarter of 2014. The resul...
Thu, Aug 7 2014, 2:42 PM
Sure, the stronger employment numbers of late and the well-developed home price recovery haven't translated to any meaningful improvements in building...
Wed, Aug 6 2014, 11:43 AM
It's no secret that big banks view cheap jumbo mortgages as 'loss leaders' to bring
in new banking and wealth management business. Given Wells Fa...
Wed, Aug 6 2014, 11:33 AM
The second in a series of live webinars
to help lenders prepare for the implementation of new disclosure has been scheduled
for August 26. The webi...
Wed, Aug 6 2014, 9:43 AM
An increase in refinancing drove mortgage applications slightly higher
during the week ended August 1, 2014, even as the number of purchase
applica...
Tue, Aug 5 2014, 11:21 AM
The expected surge in the number of
homes for sale has not yet materialized and the resulting tight supply is among
the factors leading to higher pr...
Tue, Aug 5 2014, 9:40 AM
The Mortgage Bankers Association credited an increase in the
number of jumbo adjustable rate mortgage (ARM) programs in July for a slight
increase...
Mon, Aug 4 2014, 12:28 PM
As it indicated in its "first look" at
June mortgage performance data released last month, Black Knight Financial
Services said today that the natio...
Mon, Aug 4 2014, 4:03 PM
The Federal Reserve's July Senior Loan Officer
Opinion Survey on Bank Lending Practices showed a continued easing of lending
standards and terms f...
Fri, Aug 1 2014, 12:31 PM
Construction spending in June fell slightly below
that in May the Census Bureau said today.
Overall construction put in place during the month wa...
Fri, Aug 1 2014, 2:48 PM
Since
the start of the housing crisis the experts have noted the tendency
young adults to continue to live in their childhood homes . This they
s...
Thu, Jul 31 2014, 3:38 PM
Freddie Mac has officially declared that
the refinancing boom is over. The company's
Refinance Report for the second quarter of 2014 said that the ...
Thu, Jul 31 2014, 1:04 PM
While completed foreclosures increased
slightly from May to June, the foreclosure inventory, a count of homes in the
process of foreclosure, continu...
