Wed, Mar 26 2014, 8:55 AM
There were
continued indications during the week ended March 21 of the anticipated 2014
decrease in mortgage volume and the market's gradual shift t...
Wed, Mar 26 2014, 4:49 PM
Profits pocketed by independent banks
and banks' mortgage subsidiaries plunged in the fourth quarter of 2013 the
Mortgage Bankers Association (MBA...
Wed, Mar 26 2014, 3:01 PM
Freddie Mac and its economists would
like to answer the old question "are we there yet?" with "there" in this case
meaning anywhere close to a norma...
Tue, Mar 25 2014, 10:56 AM
After rising by a revised 3.2 percent January, New Home Sales
fell 3.3 percent in February according to data released today by The
Census Bureau...
Tue, Mar 25 2014, 9:46 AM
The current plan to wind down Fannie Mae and Freddie Mac would result in lower housing prices for everyone. It would harm the United Stat...
Mon, Mar 24 2014, 10:26 AM
Parse Janet Yellen's comments any way you want, but know one thing: This is likely to be an interesting year for bond investors.
Financial market...
Mon, Mar 24 2014, 1:03 PM
Black
Knight Financial Services (formerly Lender Processing Services) reports that
home values in the U.S. as of December remained within 14 percen...
Thu, Mar 20 2014, 11:56 AM
Existing Home Sales, which are completed transactions for
single-family homes, townhomes, condominiums and co-ops, continued
trending lower in Feb...
Wed, Mar 19 2014, 8:11 AM
Mortgage applications fell slightly percent during the week ended March 14. According to MBA's Weekly Mortgage Applications Survey the
Market Compos...
Wed, Mar 19 2014, 1:59 PM
Among closed loans in February, the share of refinances fell to 43 percent
from 47 percent in January, and from 68 percent in February 2013,
acc...
Wed, Mar 19 2014, 1:52 PM
Consumers planning to jump into the real estate market this spring will need to reassess pricing, whether they are looking to buy or sell.
The s...
Tue, Mar 18 2014, 3:07 PM
Three non-profit homeowner counseling
organizations have sued California Governor Jerry Brown, charging that the
state had diverted 369 million dol...
Mon, Mar 17 2014, 12:26 PM
As
promised last week, the leadership of the Senate Banking Committee has
released draft legislation to revamp the nation's housing finance system. ...
Mon, Mar 17 2014, 12:14 PM
Builder
confidence as measured by the National Association of Home Builders (NAHB)/Wells
Fargo Housing Market Index (HMI) remained flat in March, ...
Mon, Mar 17 2014, 3:43 PM
Closed sales of existing single-family homes slipped
again in February, marking the seventh straight month of declining activity. The
California A...
Fri, Mar 14 2014, 1:21 PM
Two Federal Reserve economists have developed
a home price index which they claim operates in a more real time environment
than those indices curr...
Thu, Mar 13 2014, 12:51 PM
New home sales were up slightly in
February the Mortgage Bankers Association (MBA) said today, but the increase
was based on a substantially downgr...
Thu, Mar 13 2014, 11:50 AM
After
spiking 8 percent in January, foreclosures filings have resumed their downward
spiral RealtyTrac said today. Its U.S.
Foreclosure Market R...
Wed, Mar 12 2014, 12:58 PM
2013 was a "strong year"
for both commercial and multi-family debt holdings the Mortgage Bankers
Association (MBA) said today and the fourth quarter...
Wed, Mar 12 2014, 8:53 AM
The strong uptick in mortgage applications during the week ended February
28 faded quickly and the Mortgage Bankers Association (MBA) said today th...
Wed, Mar 12 2014, 1:23 PM
In an article that appeared recently
in CoreLogic's blog, Popping the Housing
Bubbly Theory, CoreLogic's Chief Economist Dr. Mark Fleming presents...
Tue, Mar 11 2014, 10:57 AM
Reuters and Bloomberg are reporting that the Chair
and the Ranking Member of the Senate Banking Committee have agreed on the
outline of a plan to w...
Tue, Mar 11 2014, 10:10 AM
Investors slightly expanded their loan offerings
and switched to longer-term products in response to new mortgage regulations
the Mortgage Bankers A...
Tue, Mar 11 2014, 1:21 PM
Relatively speaking, one might say that the distressed housing market in
California has virtually evaporated . The
California Association of Realt...
Mon, Mar 10 2014, 11:24 AM
Americans
expectations regarding home prices ticked up decisively in February, both in
terms of anticipating continued price increases and in the si...
Mon, Mar 10 2014, 11:07 AM
The February edition of the Obama
Administrations Housing Scorecard was released late Friday by the Departments
of Treasury and Housing and Urban De...
Fri, Mar 7 2014, 10:07 AM
This morning's Employment Situation Report was stronger than
expected. By historical standards, the "beat" isn't especially large
(175k vs 149k...
Thu, Mar 6 2014, 12:27 PM
An additional 4 million homes regained positive equity in 2013
CoreLogic said today, leaving 6.5 million homes still underwater; about half
the numb...
Thu, Mar 6 2014, 11:01 AM
The venerable Freddie Mac Primary Mortgage Market Survey
(PMMS™) is a cornerstone of mortgage rate data. It is both
longstanding and highly acc...
Thu, Mar 6 2014, 1:54 PM
Metropolitan areas considered leading
markets on the National Association of Home Builders (NAHB)/First American index
of that name increased to 5...
Wed, Mar 5 2014, 12:12 PM
Even though they stated in a news
release two weeks ago that institutional investment was waning, RealtyTrac has
released a report on its impact on ...
Wed, Mar 5 2014, 8:45 AM
The volume of
mortgage applications increased during the week ended February 28 for the first
time since late January. This good news was
muted ...
Tue, Mar 4 2014, 12:04 PM
Home
prices, including sales of distressed homes, increased nationally by 12 percent
in the 12 months ended in January CoreLogic said today. This w...
Tue, Mar 4 2014, 11:42 AM
Mortgage
originations in January were at the lowest level in 6 years 2008 Black Knight
Financial Services said today and data on prepayment speeds a...
Tue, Mar 4 2014, 4:14 PM
The Federal Housing Administration (FHA)
Mutual Mortgage Insurance Fund will have a positive capital reserve balance at
the end of Fiscal 2014 estim...
Mon, Mar 3 2014, 1:16 PM
The Census Bureau said today that
construction put in place in January was at a seasonally adjusted annual rate
of $943.1 billion, up 0.1 percent f...
Fri, Feb 28 2014, 10:02 AM
Pending
sales changed little from December to January the National Association of
Realtors® (NAR) said today. That is not
surprising as the bad w...
Thu, Feb 27 2014, 12:59 PM
Freddie
Mac posted its ninth consecutive quarter of positive net and comprehensive
income on Thursday as well as a substantial profit for Fiscal 2...
Thu, Feb 27 2014, 12:37 PM
Foreclosure statistics continue to
improve in the "first look" at January data provided Thursday by Black Knight
Financial Services. While the time...
Thu, Feb 27 2014, 10:40 AM
Foreclosure completions accelerated in
January, rising 11.8 percent to 48,000 compared to 43,000 in December. CoreLogic's January National Forecl...
Thu, Feb 27 2014, 10:13 AM
Institutional investors appear to be
losing interest in purchasing foreclosed properties for rentals in the face of
rising property prices and int...
Thu, Feb 27 2014, 2:33 PM
Builders and developers engaged in the
multi-family market grew a little less confident in that market during the
fourth quarter of last year. Th...
Wed, Feb 26 2014, 11:29 AM
Buyers seem to have ignored the unusually
stormy weather that affected a lot of the country in January, trooping through
snow and ice to boost new...
Wed, Feb 26 2014, 8:58 AM
Applications
for mortgage refinancing made up only 58 percent of all mortgage applications
during the week ended February 21, down 3 percentage po...
Wed, Feb 26 2014, 1:47 PM
The index tracking pending home sales in California jumped
22.9 percent in January to 84.8 from 68.9 in December. This was the first increase in t...
Wed, Feb 26 2014, 1:38 PM
Commercial banks and savings institutions
have increased quarterly earnings year over year for the 17 out of the last 18
quarters the Federal Depo...
Tue, Feb 25 2014, 11:40 AM
The S&P Case-Shiller National home
price index and the Federal Housing Finance Agency's Home Price Index (HPI),
both issued on Tuesday, diverged sh...
Tue, Feb 25 2014, 10:27 AM
Black
Knight Financial Services (formerly Lender Processing Services) reports that
home values in the U.S. as of December had recovered to within 1...
Tue, Feb 25 2014, 4:22 PM
The House Financial Services Committee (FSC)
has released advanced information regarding an investigation conducted by the
Office of Inspector Gener...
Tue, Feb 25 2014, 1:18 PM
The growth in the average size of a new
home paused briefly at the beginning of the recession as Americans retrenched
in a lot of ways, but times ha...
