Fri, Oct 24 2014, 10:59 AM
Fannie Mae said on Thursday that real economic
growth in the last two quarters of 2014 appear poised to exceed 3.0 percent ,
providing a solid basi...
Fri, Oct 24 2014, 10:57 AM
September appears to have been another
month in which loan performance improved and the states continued to slog
through the overhang of delinquen...
Thu, Oct 23 2014, 2:09 PM
Builders who engage in home remodeling continue to
display confidence in their market the National Association of Home Builders
(NAHB) said today. ...
Thu, Oct 23 2014, 2:06 PM
The percentage
of American homeowners a mortgage that was seriously underwater fell to 15
percent in the third quarter of 2014 RealtyTrac said on ...
Wed, Oct 22 2014, 8:52 AM
Falling interest rate precipitated a
major refinancing rally during the week ended October 17 even though Columbus
Day shortened the business weeks ...
Wed, Oct 22 2014, 3:26 PM
Frank
E. Nothaft and Leonard Kiefer, Freddie Mac's chief and deputy chief economists
have come up with a formula for lifting the economy from its ...
Tue, Oct 21 2014, 11:44 AM
Existing home sales, which ended four
straight months of gains with a 1.8 percent decline in August, bounced back in
September the National Associat...
Tue, Oct 21 2014, 3:03 PM
Financial regulators on Tuesday finally released
the final rule defining Qualified Residential Mortgages (QRM). The definition is intended to determ...
Mon, Oct 20 2014, 5:02 PM
David Stevens, President
of the Mortgage Bankers Association (MBA), told an audience attending the association's
s annual convention in Las Vegas th...
Mon, Oct 20 2014, 4:31 PM
Federal
Housing Finance Agency (FHFA) Director Melvin L. Watt focused his remarks to
attendees at the Mortgage Bankers Association annual conference...
Mon, Oct 20 2014, 2:13 PM
Earlier this year the Mortgage Bankers
Association (MBA) began releasing its Mortgage Credit Availability Index , a
measure of how "loose" or "tigh...
Fri, Oct 17 2014, 2:06 PM
One has to hope that foreclosure data
reported on Thursday by RealtyTrac is a sign that states are wrapping up the
foreclosure crisis that has been ...
Fri, Oct 17 2014, 2:03 PM
The Department of Housing and Urban Development has released the first wave
of data from the 2013 American Housing Survey (AHS) . It is a massive t...
Fri, Oct 17 2014, 2:03 PM
Over the last year or so mortgage
servicers have transferred a number of large mortgage portfolios to other
servicers. Beyond the selling of
mor...
Fri, Oct 17 2014, 1:36 PM
Increases in construction permits, starts, and
completions for multifamily housing stand out from an otherwise lackluster
batch of construction data...
Thu, Oct 16 2014, 12:57 PM
Federal regulators may finally produce the long anticipated market standards
for Qualified Residential Mortgages (QRM), perhaps even as early as n...
Thu, Oct 16 2014, 12:50 PM
The National Association of Home
Builders (NAHB) said on Thursday that sentiment among its new home builder
members reversed course in October, with...
Thu, Oct 16 2014, 1:28 PM
The share of home purchased with all-cash is continuing
to drop, but even with a -3.0 percentage point change between July 2013 and July
2014 they s...
Wed, Oct 15 2014, 10:22 AM
A significant drop in mortgage rates triggered
a surge in refinancing activity during the week ended October 10. The Mortgage Bankers Association ...
Wed, Oct 15 2014, 1:08 PM
The Consumer Financial Protection
Bureau (CFPB) has proposed further changes to the new consolidated Loan
Estimate and Closing Disclosure Mortgage...
Tue, Oct 14 2014, 1:58 PM
In July Sam Khater, an
economist at CoreLogic, wrote about the comeback of the condo market
and how construction of units had increased from pos...
Tue, Oct 14 2014, 1:07 PM
Three of the country's largest banks announced
their profits for the third quarter on Tuesday.
For Wells Fargo and Citigroup profits increased comp...
Thu, Oct 9 2014, 10:29 AM
Applications for mortgages with which to
purchase new homes in September were essential unchanged in volume from August the
Mortgage Bankers Associa...
Thu, Oct 9 2014, 2:31 PM
Home equity lines of credit or HELOCs
accounted for over 15 percent of all 2014 home loan originations through the
end of August. RealtyTrac, whi...
Wed, Oct 8 2014, 10:44 AM
Mortgage application volume increased last week for the first time since
the week ended September 12. The
Mortgage Bankers Association (MBA) said...
Tue, Oct 7 2014, 10:34 AM
Nine states established new price peaks
in August CoreLogic said today. The
company's August Home Price Index which includes distressed sales was...
Tue, Oct 7 2014, 2:47 PM
A recent audit of the Consumer Financial Protection
Bureau (CFPB) found that it was doing a good job in general in its role of
regulatory rule-mak...
Tue, Oct 7 2014, 2:20 PM
Fannie Mae said its September National
Housing Survey noted a rebound in consumer housing optimism after a dip was
recorded in August. Most indic...
Mon, Oct 6 2014, 3:45 PM
The average age of a mortgage loan outstanding in
2014 is the highest in history Black Knight Financial Services said today. While the age of mort...
Fri, Oct 3 2014, 1:33 PM
The Office of Inspector General (OIG) of
the Federal Reserve System released a report on Thursday critical of the way in
which the Board (and by ext...
Fri, Oct 3 2014, 1:29 PM
Business media are having a lot of fun
today over a throw-away remark Ben Bernanke made yesterday. In a question and answer session with Moody
An...
Thu, Oct 2 2014, 10:59 AM
Along with its monthly report on mortgage credit
availability (MCAI) the Mortgage Bankers Association (MBA) has introduced two
new measures, a conv...
Thu, Oct 2 2014, 1:30 PM
CoreLogic said this morning that over
the last 10 years the number of completed foreclosures in the U.S. has been the
equivalent of 15 percent of a...
Wed, Oct 1 2014, 10:58 AM
A lawsuit challenging the manner in
which profits from Fannie Mae and Freddie Mac (the GSEs) have been allocated to
the U.S. Treasury was dismisse...
Wed, Oct 1 2014, 10:19 AM
Last week was another down week for
mortgage applications according to the Mortgage Bankers Association (MBA). Its Weekly Mortgage Applications Surv...
Wed, Oct 1 2014, 1:04 PM
Total construction spending in the U.S.
in August was estimated by the Census Bureau today to be at the seasonally
adjusted annual rate of $961.0 bi...
Tue, Sep 30 2014, 10:48 AM
There was what the S&P/Case-Shiller Home Price Indices
called "a significant slowdown in price increases in July S&P Dow
Jones Indices said today....
Tue, Sep 30 2014, 4:10 PM
The Consumer Financial Protection Bureau
(CFPB) filed a Consent Order on Tuesday against Lighthouse Title, a title
insurer based in Holland, Michiga...
Tue, Sep 30 2014, 1:32 PM
The Consumer Financial Protection Bureau
(CFPB) came down hard on Michigan-based Flagstar Bank both legally and verbally
as it issued the first ...
Mon, Sep 29 2014, 10:52 AM
Pending home sales declined slightly in
August, mirroring a similar pull-back in existing home sales announced last
week. The National Association ...
Fri, Sep 26 2014, 3:41 PM
Study after study has shown that
Millennials - that generation of Americans currently between the ages of 18 and
34 - are becoming homeowners at rat...
Fri, Sep 26 2014, 3:34 PM
Bank of America/Merrill Lynch says its official outlook
for the economy is neither that of a Bull forecasting a cyclical surge or a
Bear's view of s...
Thu, Sep 25 2014, 3:14 PM
U.S. homeowners gained or regained more
than $1 trillion in equity over the year that ended on June 30, 2014. According to Core-Logic's 2nd quarte...
Thu, Sep 25 2014, 2:56 PM
Mortgage delinquencies jumped in August , a 5 percent
increase which sent the rate to its highest level since February. At the same time, foreclos...
Thu, Sep 25 2014, 2:54 PM
At
its second annual summit for stakeholders on Monday the Government National Mortgage
Association (Ginnie Mae) issued a policy paper detailing how...
Thu, Sep 25 2014, 2:35 PM
RealtyTrac estimated on Thursday that
sales of residential property including single family homes, condominiums, and
townhomes set an annual pace of...
Wed, Sep 24 2014, 10:40 AM
There was a significant jump in new home sales in
August as the seasonally adjusted rate broke through the half million mark for
the first time sin...
Wed, Sep 24 2014, 9:19 AM
Last week's rally in
mortgage application activity was just that, last week's. The Mortgage Bankers Association (MBS) said
today that the number of...
Tue, Sep 23 2014, 12:58 PM
Fannie
Mae's economists are painting a much improved picture for the economy in the
coming months with encouraging news in the area of business in...
Tue, Sep 23 2014, 12:43 PM
Home prices as measured by the Federal Housing
Finance Agency (FHFA) eked out another small increase in July, but monthly
figures show a definite s...
