Wed, May 28 2014, 12:02 PM
Freddie Mac's new Multi-Indicator Market
Index (MiMi) continues to show a weak housing market overall. The national MiMi value is flat compared to...
Wed, May 28 2014, 8:48 AM
Despite
interest rates falling to levels last seen almost a year ago, mortgage
application volume retreated slightly after three weeks of iimprove...
Tue, May 27 2014, 12:06 PM
All three home price surveys released this morning showed
prices increased in March, a more moderate improvement than in previous months in
some c...
Fri, May 23 2014, 11:36 AM
The U.S. Census Bureau
and the Department of Housing and Urban Development said today that the sales
of new single family homes in April were at a s...
Thu, May 22 2014, 12:45 PM
Mortgage
banks had what the Mortgage Bankers Association (MBA) termed "respectable"
production profits in 2013 , even though they were dramatically...
Thu, May 22 2014, 11:21 AM
There were stirrings of a spring market
in April as both existing home sales and the inventory of available homes
increased. The National Associati...
Thu, May 22 2014, 10:47 AM
While prepayment rates have plummeted
since last year they did show some signs of life in April Black Knight
Financial Services said today. While...
Wed, May 21 2014, 10:57 AM
Along with a recent rise in bank owned
real estate the foreclosure crisis drags on in the form of increasingly long
timelines for completing the for...
Wed, May 21 2014, 8:47 AM
It was only by a fraction, but mortgage
application activity was up for the third straight time during the week ended
May 16. The Mortgage Banker...
Wed, May 21 2014, 2:20 PM
Federal Reserve officials discussed rate hike procedures at a joint meeting, but agreed the discussion does not signal rate action is coming soon. ...
Tue, May 20 2014, 12:27 PM
It
has been a tough few years for real estate agents but according to information
released by the National Association of Realtors (NAR) that appear...
Tue, May 20 2014, 10:50 AM
There are several interrelated factors
which have led to a recent increase in the number of bank-owned properties (REO)
nationally. While most me...
Tue, May 20 2014, 9:52 AM
Sales, prices, and inventories all
showed some signs of life in April.
Redfin said today that median home prices were up in all markets on an
an...
Mon, May 19 2014, 10:38 AM
According to officials familiar with the matter, Shaun Donovan will be leaving the secretary position at
the Department of Housing and Urban Devel...
Mon, May 19 2014, 1:24 PM
Freddie
Mac's economists used this month's Economic and Housing Market Outlook to look
at three areas of supply and demand.
Analyzing each, they s...
Mon, May 19 2014, 1:10 PM
David H. Stevens, President of the Mortgage
Bankers Association (MBA) told members attending the organization's annual
convention in New York today ...
Fri, May 16 2014, 11:56 AM
Both residential permitting and housing
starts increased in April although housing completions lagged behind those in
March the Census Bureau and th...
Fri, May 16 2014, 9:22 AM
The California Association of Realtors
(C.A.R.) said on Thursday that the state's housing market is showing "true
signs of improvement." The marke...
Thu, May 15 2014, 10:56 AM
The increase in bank repossessions
or completed foreclosures in April even as other foreclosure statistics
declined may indicate that the housing cr...
Thu, May 15 2014, 2:05 PM
S 1217, the Johnson-Crapo housing reform
bill passed the
Senate Banking Committee today.
Committee chairman Tim Johnson (D-SD) had hoped to sen...
Thu, May 15 2014, 2:03 PM
The National Association of Home Builders (NAHB)/Wells
Fargo Housing Market Index (HMI) fell one point in May to 45 from the April reading
which was...
Wed, May 14 2014, 10:16 AM
Nearly two-thirds of all new and
existing homes sold during the first quarter of 2014 were termed "affordable"
by the National Association of ...
Wed, May 14 2014, 8:55 AM
Mortgage
applications activity rallied slightly for the second consecutive time during
the week ended May 9. The Mortgage
Bankers Association (M...
Wed, May 14 2014, 3:14 PM
The
Federal Housing Administration (FHA) says that qualified buyers are currently underserved
by the housing market. The economic
crisis significa...
Tue, May 13 2014, 10:58 AM
Home
prices reached the half-way mark in the fourth quarter of 2013, climbing back
to a level 20 percent above the trough in values reached nationwi...
Tue, May 13 2014, 10:42 AM
The Veterans Administration has issued
an interim final rule defining what constitutes a QM or qualified mortgage under
VA loan rules. The rule, ...
Tue, May 13 2014, 3:16 PM
The number of state licensed mortgage
companies licensed through the National Mortgage Licensing System (NMLS) was
essentially unchanged in 2013 but...
Tue, May 13 2014, 1:00 PM
The Federal Housing Finance Agency
(FHFA) will not use its conservatorship authority to reduce current conforming
loan limits. FHFA Director Melv...
Mon, May 12 2014, 12:54 PM
Home prices continued to increase as
broadly if not as rapidly as in previous periods the
National Association of Realtors® (NAR) reported today. M...
Mon, May 12 2014, 12:01 PM
The Mortgage Bankers
Association's (MBA) estimate of new home sales rose in April . MBA bases its estimate on applications for
mortgages to purcha...
Fri, May 9 2014, 12:26 PM
In yesterday's update
on housing finance reform it was noted that Senator Tim Johnson (D-SD) was
hoping to have 16 favorable votes lined up befo...
Thu, May 8 2014, 12:50 PM
Freddie Mac and Fannie Mae both reported profitable results for the first quarter of 2014 today, the 10th consecutive profit for Freddie Mac and the...
Thu, May 8 2014, 1:40 PM
Even though sales to investors and sales
of distressed homes have declined the National Association of Realtors® (NAR) reports
that all-cash sales ...
Thu, May 8 2014, 1:31 PM
Mike Fratantoni, Chief Economist of the Mortgage Bankers Association
explained the slightly lower Mortgage Credit Availability Index (MCAI) for
Apri...
Wed, May 7 2014, 8:41 AM
It officially
became a buyers' market in mortgage applications during the week ended May
2. The Mortgage Bankers Association said
that applicati...
Wed, May 7 2014, 2:39 PM
Fannie Mae is taking an upbeat view of
the housing market over upcoming months because of the general improvement in
Americans' outlook revealed i...
Wed, May 7 2014, 1:30 PM
Sources say that the Senate Banking Committee will take
up discussions of S 1217, yet another bill that addresses housing finance
reform , sometime...
Tue, May 6 2014, 12:38 PM
The country has now reached about 88
percent of what is considered its normal level of economic and housing activity
the National Association of...
Tue, May 6 2014, 10:47 AM
Home prices posted another double digit
annual increase in March CoreLogic said today.
The company's Home Price Index (HPI) including distressed sa...
Mon, May 5 2014, 12:06 PM
Mortgage originations are at their
lowest level in nearly 10 years Black Knight Financial Services said today. Mortgage originations fell to 238,000...
Mon, May 5 2014, 3:10 PM
Since the beginning of the housing crisis in 2008 housing experts have
cited concern over the "Shadow Inventory" and the pitfalls it could present ...
Fri, May 2 2014, 3:16 PM
While the numbers may change, the story of the U.S. labor market
ultimately is the same. Job growth continues, but significant weakness remains.
...
Thu, May 1 2014, 12:40 PM
Overall construction spending increased slightly in March
the Census Bureau said today. Combined
public and private construction was at a seasona...
Thu, May 1 2014, 11:24 AM
The
Consumer Financial Protection Bureau (CFPB) is again proposing a few minor
modifications to its new mortgage rules, suggesting changes designed ...
Wed, Apr 30 2014, 12:42 PM
In a survey they might as well have
subtitled "The Grass is Always Greener," Gallup found that about a
third of Americans would, if given the opport...
Wed, Apr 30 2014, 8:54 AM
The week ended April 25 was one of the
slowest for mortgage application activity the industry has seen in years. The Mortgage Bankers Association ...
Wed, Apr 30 2014, 3:10 PM
This will be the first year that financial institutions will be required to
submit to stress tests under the Dodd-Frank Wall Street Reform and
C...
Tue, Apr 29 2014, 10:50 AM
Completed foreclosures increased by nearly 6 percent in
March, moving from 45,000 in February to 48,000. CoreLogic said this morning that there we...
Tue, Apr 29 2014, 3:02 PM
The S&P/Case-Shiller 20-City Composite Index rose
slightly in February on a seasonally-adjusted basis, beating analysts' expectations by a hair whi...
Mon, Apr 28 2014, 12:20 PM
Home prices nationwide have now
recovered to within 13.5 percent of the peak they reached in June 2006. The national Home Price Index (HPI) provid...
