Mon, Aug 17 2015, 9:58 AM
Thank you to Mark Baker with Cardinal Financial sent over a story about dear people who live in fancy tiny houses . An appraiser's nightmare or a Mil...
Tue, Aug 11 2015, 11:25 AM
Is it really easier to get a mortgage these days? Well... After mortgage backers Fannie Mae and Freddie Mac clarified their credit qualifica...
Wed, Aug 5 2015, 12:43 PM
Redfin, a multi-state real estate firm based in Seattle, says
it is seeing "signs of an enduring slowdown" in the housing market. This isn't neces...
Tue, Aug 4 2015, 10:35 AM
Regina Lowrie from RML Advisors
answers the question, "How should we handle the title insurance
companies, escrow companies and closing attorney...
Mon, Aug 3 2015, 10:17 AM
A
big topic at last week's MBA Hawaii annual conference was change in
the industry. As if residential lending doesn't have enough changes all
th...
Mon, Aug 3 2015, 1:38 PM
Public monies shored up construction spending figures in
June, just barely making up for a drop in expenditures from the private
sector. The U.S. C...
Tue, Jul 28 2015, 10:42 AM
Home price data from S&P Dow Jones Indices was mixed for May. All three of the Case-Shiller measures, the National Index and the 10-City and 20-Cit...
Tue, Jul 28 2015, 10:29 AM
Federal
agencies have issued the final standards in regards to Section 342 of
the Dodd-Frank Wall Street Reform and Consumer Protection Act of 201...
Thu, Jul 23 2015, 9:36 AM
It is different this time.
At least that's the contention of the writers of this month's Economic
and Housing Outlook regarding new low downpayment...
Mon, Jul 20 2015, 5:23 PM
Since the recession officially ended a lack of labor and materials has
blamed in part for the sluggishness of new home construction, at least by th...
Fri, Jul 17 2015, 10:24 AM
The two leading indicators among measures of residential
construction activity, building permits and housing starts, posted healthy gains
in June ...
Fri, Jul 17 2015, 10:13 AM
Boy
how things have changed. Life is so expensive now; maybe that's why the
living arrangement stats have changed so dramatically since 1967. In
...
Mon, Jul 13 2015, 10:29 AM
Here's
some good news. The National Reverse Mortgage Lenders
Association/RiskSpan Reverse Mortgage Market Index which analyzes trends
in home va...
Tue, Jul 7 2015, 12:23 PM
Are you in debt? You're not alone - and check out this United States debt clock - enough to make your stomach turn over.
Back in February the Col...
Thu, Jul 2 2015, 10:15 AM
It
seems that lenders have had a more difficult time obtaining tax
information from the IRS this year. I collected the tax-related updates
ove...
Thu, Jul 2 2015, 4:51 PM
In the S&P/Case-Shiller home price indices report for
April David M. Blitzer, Managing Director and
Chairman of the Index Committee at S&P Dow Jones...
Wed, Jul 1 2015, 11:38 AM
The Fourth of July is nearly here our very own Census Bureau has dished up some tasty numerical facts. The estimated U.S. population for July Fourth t...
Wed, Jul 1 2015, 4:08 PM
Construction spending in the public and private sectors
increased slightly in May to a seasonally adjusted annual rate of $1,035.8
billion . The f...
Tue, Jun 30 2015, 10:10 AM
House prices continued to increase in
April but the gains lost a bit of momentum compared to the previous month,
reversing the acceleration noted by...
Thu, Jun 25 2015, 3:48 PM
Even as homeownership rates remain at
historic lows the mortgage debt on single family homes is increasing, ending
seven years of decline. Freddie ...
Tue, Jun 16 2015, 11:41 AM
How 'bout California Governor Jerry Brown stealing money (ok, "inappropriately diverting") from of the Homeowner's Fund?
For upcoming events...
...
Tue, Jun 16 2015, 10:28 AM
This morning's Residential Construction report for May, held
much better news than appeared at first glance even though that first glance was
not ba...
Mon, Jun 15 2015, 10:21 AM
A
recent MBA "Chart of the Week" bears repeating since it reminds us just
how much a borrower pays for a home loan when it closes. (Think about ...
Tue, Jun 2 2015, 10:45 AM
Some
in the industry are focused on Wells Fargo CEO John Stumpf's recent
comments saying that cybersecurity and an evolving payments industry are
...
Mon, Jun 1 2015, 10:58 AM
Total spending on construction ticked up moderately in
April, rising to a seasonally adjusted annual rate of $1,006.1 billion the U.S.
Census Bureau...
Mon, Jun 1 2015, 10:14 AM
When I grow up I want to be wealthy. And thanks to this list of the wealthiest zip codes in America ,
I know just where to move. (Interesting to co...
Tue, May 26 2015, 10:43 AM
Pew Research
finds Millennials (18 to 34 years old) have now surpassed Gen X as the
largest generation in the workforce. Millennials reached 53.5m...
Fri, May 22 2015, 11:22 AM
Yes,
I know it is the Friday before a 3-day weekend, after which it is okay
to wear white shoes to formal events. (And yes, there will be a
comm...
Wed, May 20 2015, 10:36 AM
Lots
of folks here in New York were interested in Freddie Mac bumping its
2015 residential volume estimate to $1.35 trillion*, the upcoming
ho...
Tue, May 19 2015, 11:41 AM
There
are 1,700 capital markets folks wandering around Manhattan, and one of
the topics is that one week Janet Yellen and other Fed officials are ...
Tue, May 19 2015, 10:30 AM
Residential construction numbers soared in April after a
dismal March and both the number of residential permits issued and housing
starts easil...
Tue, May 19 2015, 2:00 PM
That headline question is the focus of the May Economic and Housing Outlook produced by
Freddie mac's Office of the Chief Economist.
The economic...
Mon, May 18 2015, 9:40 AM
The
last seven days has involved a little travel for me: Oregon, Incline
Village in Nevada, and now Manhattan for the MBA's Secondary Marketing
...
Fri, May 1 2015, 11:00 AM
Total construction spending fell in March from February
levels and remained only slightly higher than one year earlier the Census
Bureau said today....
Fri, May 1 2015, 10:57 AM
Today
is Lei Day in Hawai'i. I guess Zillow doesn't consider Honolulu a "Metro Area".
Recently Zillow Research analyzed property taxes in the "la...
Mon, Apr 27 2015, 9:07 AM
Many LOs are watching rent prices . Increasing
rent is a two-edged sword, of course, simultaneously moving households
to stop renting and buy a p...
Fri, Apr 17 2015, 10:48 AM
Since inflation doesn't exist much anymore in the economy, how about in your garage ? Detroit has plenty of empty garages and so the city announced a...
Thu, Apr 16 2015, 11:58 AM
The rate of permitting for construction of single family
housing and residential construction completions were both down in March, Housing
starts ...
Thu, Apr 16 2015, 10:03 AM
Try
saying PSDS without sounding like you're from Boston saying "pierced
ears". And 3,100 miles away, in California, the latest report echoes
wh...
Mon, Apr 13 2015, 9:51 AM
We're approaching the home buying season. What could $412k pick up in Detroit during the last home buying season? Here you go . Thanks to Brian B. fo...
Fri, Apr 10 2015, 10:36 AM
In its Economic and Housing Outlook
for April Freddie Mac's economists point out that the spring homebuying season has
become familiar territory. ...
Fri, Apr 10 2015, 10:26 AM
Sales of new homes appeared to have surged in March. According to the Mortgage Bankers Association
(MBA) mortgage applications for new home purchase...
Mon, Apr 6 2015, 10:19 AM
Late last week someone asked me about HUD's Equal Access Rule .
A month or so ago Bankers Advisory released a notice regarding HUD's
update to eq...
Thu, Apr 2 2015, 9:36 AM
The MBA tells us that independent
mortgage banks and mortgage subsidiaries of chartered banks "average
production volume totaled $417 million per ...
Wed, Apr 1 2015, 10:00 AM
Residential
lenders across the land wonder at their good fortune for great
origination volumes in March, with many setting records, and they are t...
Wed, Apr 1 2015, 1:02 PM
Overall construction spending in the U.S. was essentially
unchanged from January to February and there was only slight movement in both
public and...
Tue, Mar 31 2015, 10:47 AM
Home
prices flattened on a month-over-month basis in January even as annual prices
continued to increase S&P Dow Jones Indices said today. The ...
Mon, Mar 30 2015, 9:38 AM
In
like a lion, out like a lamb? Usually folks say that about March's
weather, not the economy. But economic data so far in the first quarter
ha...
Wed, Mar 18 2015, 10:40 AM
What is the Willis Tower? I don't know, but the $1.3 billion Sears Tower , complete with a $775 million loan, was sold to Blackstone.
The WSJ repor...
Tue, Mar 17 2015, 11:21 AM
Housing starts and completions plummeted nationwide in
February, but especially in the Northeast and Midwest where record cold and
nearly constant s...
