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, 10:04 AM
Another
trend that is winding down in the banking industry is the long period
of Fed Funds at or near 0%. Whether this happens in 2015 or 2016, ke...
Fri, Apr 25 2014, 10:41 AM
David Crowe, Chief Economist of the National
Association of Home Builders (NAHB) told members attending the Association's
2014 Spring Construction...
Thu, Apr 17 2014, 9:50 AM
Home affordability is not a modern problem. In Zillow's In Search of Affordability , Krishna Rao writes, "Across
the United States, strong home p...
Wed, Apr 16 2014, 12:10 PM
Two of the three measures of residential
construction activity used by the Census Bureau fell slightly in March. Fewer permits were issued and few...
Wed, Apr 16 2014, 10:07 AM
People who study mortgage lending and trends continue to ruminate on the Wells Fargo and Chase numbers from Friday.
JPM's mortgage origination vol...
Mon, Apr 14 2014, 9:03 AM
The Fed's comments on housing last week were interesting. "Housing activity
remained slow over the intermeeting period. Although unfavorable weath...
Thu, Apr 10 2014, 10:25 AM
The recent spate of agency news has been interesting to follow.
Arguably F&F should not stay under government conservatorship, but
what are the ...
Tue, Apr 8 2014, 12:30 PM
In a recent blog post written by Molly Boesel CoreLogic
questions the true role of the recent severe weather in a lag in single family
housing sta...
Mon, Apr 7 2014, 10:46 AM
Remember HAMP?
What happens to a sizeable portion of HAMP borrowers after their loan
resets from, say 1% to the current market? They re-default, a...
Fri, Apr 4 2014, 2:20 PM
More potential buyers are out trolling the nation's neighborhoods
for their dream homes. Unfortunately, they are finding little to look at
and, ev...
Tue, Apr 1 2014, 9:59 AM
Fed
watchers over the last few years have had many things to study; on
their list of course has been the FOMC's asset purchase program, and
whil...
Mon, Mar 31 2014, 9:26 AM
There has been a lot of appraisal news in recent weeks, the most important perhaps being that six
government agencies issued a proposed rule that ...
Thu, Mar 27 2014, 10:43 AM
The National Association of Realtors®
(NAR) Pending Home Sales Index (PHSI) for February added more confirmation of a
slowing home housing market. ...
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...
Wed, Mar 19 2014, 9:53 AM
"Well
the midnight gang's assembled and picked a rendezvous for the night,
they'll meet 'neath that giant Exxon sign that brings this fair city
...
Tue, Mar 18 2014, 10:27 AM
What
is the MBA applications number going to tell us tomorrow? My bet, given
stories from lock desks around the nation, is that we'll see an
imp...
Mon, Mar 17 2014, 10:11 AM
Don't
forget to wear a little green today, and this was seen at a local bar:
"Special Today Only! Buy one beer for the price of two, and receive a...
Mon, Mar 3 2014, 9:16 AM
Zelman & Associates
invites readers to join them for an informative conference call to
discuss their outlook on the housing market and mortgage ...
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...
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...
Thu, Feb 20 2014, 9:57 AM
If
your lock desk was really busy last week, you're bucking the trend. The
MBA's survey of 75% of retail lenders showed that apps were off 4.1% ...
Wed, Feb 19 2014, 10:47 AM
Numbers for both housing permits and
housing starts were much lower in January than in December while housing completions
were up. The Northeast ...
Wed, Feb 19 2014, 9:53 AM
"A
statistician is someone who tells you, when you've got your head in the
fridge and your feet in the oven, that you're - on average - very
com...
Tue, Feb 18 2014, 10:46 AM
"Any
idea how much Realtors make?" I don't know, and asking someone their
income isn't always the wisest of moves, especially on a first date. But...
Mon, Feb 17 2014, 6:10 PM
Underwriters
will soon be entering that netherworld where they want 2013 tax
returns , but borrowers just don't have them yet. With that in mind,...
Tue, Feb 11 2014, 10:52 AM
Home
price movement was mixed across metropolitan areas (MSAs) in the fourth quarter
of 2013 the National Association of Realtors® (NAR) said today....
Mon, Feb 3 2014, 12:05 PM
Overall construction spending in
December was flat compared to November , rising a scant 0.1 percent. Private spending on residential construction,...
Fri, Jan 31 2014, 12:51 PM
"The familiar saying that housing brings
the economy out of recessions did not hold true this time around," according to
David Crowe, Chief Economis...
Fri, Jan 17 2014, 12:35 PM
Data presented by CoreLogic in its new
edition of MarketPulse raises an
interesting question about employment in the construction sector . Is th...
Fri, Jan 17 2014, 10:42 AM
"The
check's in the mail!" Hah! The Fed reports the number of checks paid
has declined from close to $50B in the 1990s to about $20B. With tax...
Fri, Jan 17 2014, 10:26 AM
All three Census Bureau/Department of Housing
and Urban Development (HUD) measures of residential construction activity,
housing permits, starts, an...
Thu, Jan 16 2014, 12:44 PM
The strong growth in the home remodeling
market which began in the second quarter of 2013 will continue through the
first half of 2014 according t...
Thu, Jan 16 2014, 3:14 PM
The housing market turned the corner in 2012 Freddie
Mac's economists said today, and the recovery was fully underway in 2013. But despite the posit...
Mon, Jan 13 2014, 10:02 AM
First Community Mortgage announced its new expanded TPO/supervised correspondent channel to include a full delegated correspondent
platform. "While...
Thu, Jan 2 2014, 11:07 AM
Spending on residential construction increased by
1.7 percent on a seasonally adjusted basis from October to November
while
overall construction...
Mon, Dec 30 2013, 9:51 AM
Bloomberg reports Blackstone has purchased 41,000 homes across the US in the past 2 years to become the largest single family landlord in the countr...
Thu, Dec 19 2013, 10:30 AM
Sometimes
common sense seems to leave the markets, but then again, traders are
smarter than the rest of us, right? "Beginning in January, the Comm...
Wed, Dec 18 2013, 11:56 AM
US household net worth was
$77 trillion as of the end of Q3, up $1.9T Q/Q. In the third quarter, the
value of corporate equities and mutual funds o...
Wed, Dec 18 2013, 11:19 AM
Housing starts and housing completions for
September, October and November were released by the U.S. Census Bureau and the
Department of Housing and...
Mon, Dec 16 2013, 10:18 AM
The value of
US pensions has soared this year. Per JPMorgan Chase, pensions now cover 96% of future obligations! Pension values
have seen the bi...
Fri, Dec 13 2013, 5:12 PM
A new study from the Harvard Joint
Center on Housing Studies in conjunction with the McArthur Foundation looks at
the growing importance of rental h...
Tue, Dec 3 2013, 10:48 AM
A ccording to the FDIC, there are around 96,341 bank branches
in the country vs. 97,340 a year ago (999 were closed). But SNL reports
bank and...
Mon, Dec 2 2013, 12:00 PM
The Census Bureau released a combined
report on the Value of Construction Put in Place for both September and October
on Monday. A full September r...
Mon, Dec 2 2013, 9:25 AM
Planning
on giving out a few things for the holidays to special clients? Think
twice about it! Ken Perry writes, “Hey Rob, as we get closer to the...
Wed, Nov 27 2013, 10:23 AM
A new housing brief from the U.S. Census Bureau shows that median home values in many small counties across the nation held steady after the most re...
Tue, Nov 26 2013, 10:07 AM
The Census Bureau and the Department of Housing and
Urban Development are still playing catch-up from the government shutdown that
squashed data r...
Tue, Nov 26 2013, 9:55 AM
In August
2015 there will be a change to the mandatory waiting period (“effective
August 2015 a home BUYER will now have a MANDATORY 3 day waiti...
Tue, Nov 26 2013, 5:17 AM
Here on November 26th, it might seem like the government shutdown
that ended in mid-October is far enough in the rearview that we wouldn't
still b...
Mon, Nov 25 2013, 10:12 AM
The
last survey I took was regarding how happy I was with my long-distance
carrier, and ended with me hanging up right in the middle of the
age-...