Mon, Jul 22 2013, 9:25 AM
We'll see a lot of housing news this week. Recently May 2013's, and
before that April's, national and regional prices showed continued
improvement...
Mon, Jul 22 2013, 1:35 PM
Fannie Mae said today in its July Economic and Strategic Report
that the view expressed in these reports since the first of this year
has not ch...
Tue, Jul 16 2013, 12:38 PM
Is the 116 basis
points (bps) rise in rates from 3.35 percent to 4.51 percent within
the May 3 to July 12 th
enough to stall the housing recovery...
Tue, Jul 16 2013, 12:12 PM
"The death of cash is greatly
exaggerated ." CoreLogic concurs with that quote from Mark Twain in
an article analyzing the impact cash sales has h...
Tue, Jul 16 2013, 2:06 PM
A perennial frontrunner of housing market trends, California's data
speaks to recent assertions that rising rates will affect sales more
than valu...
Tue, Jul 16 2013, 1:38 PM
Freddie Mac calls "Taper Talk" is
the main topic of conversation in the financial world, that is,
speculation about the timing and speed that the Fe...
Mon, Jul 15 2013, 9:22 AM
It would be a Hansel and
Gretelian task to follow the back and forth between the American Enterprise
Institute (AEI) and the Department of Housing a...
Thu, Jul 11 2013, 5:06 PM
The
Mortgage Bankers Association (MBA) has just released the first
installment of a new measure of loan activity designed as a monthly
companion ...
Tue, Jul 2 2013, 10:37 AM
There is a remarkable
degree of agreement among prevalent purveyors of Home Price Indices that prices this spring have risen higher and faster
tha...
Mon, Jul 1 2013, 2:58 PM
The Joint Center for
Housing Studies released its annual State of the Nation's Housing
report last week. Key points indicate a housing recovery tha...
Thu, Jun 27 2013, 11:09 AM
The
National Association of Realtors® (NAR) said today that rising
interest rates may finally be forcing many hesitant buyers into the
market. ...
Thu, Jun 27 2013, 10:46 AM
After five years of tough sledding, the
Las Vegas real estate market may be turning around . DataQuick
reports that home sales in the city - which...
Thu, Jun 27 2013, 10:43 AM
The MBA reported that independent mortgage banks saw their profit per loan take a tumble during the first quarter, down about $500 per loan
...
Wed, Jun 26 2013, 9:47 AM
"May a lender decline a mortgage applicant because the applicant
became involved in a lawsuit subsequent to his or her initial loan
application?" ...
Tue, Jun 25 2013, 11:16 AM
Newly constructed home sales rose 2.1
percent in May to a seasonally adjusted annual rate of 476,000 units.
The U.S. Census Bureau and the Depa...
Tue, Jun 25 2013, 10:38 AM
Home prices rose faster from March to
April than they ever have in the history of the Case Shiller Indices
the S&P/Case-Shiller announced today. ...
Mon, Jun 24 2013, 3:21 PM
The
California Association of Realtors® (C.A.R.) reports that May sales
of bank-owned properties (REO) were at the lowest level since October
2007...
Mon, Jun 24 2013, 3:02 PM
Despite some hurdles foreign buyers
continue to purchase properties in the U.S., accounting for six
percent of existing home sales. The National As...
Mon, Jun 24 2013, 1:17 PM
The National Association of Realtors, America's largest trade organization and a group that you'd want on your side, said that Congress should consid...
Thu, Jun 20 2013, 12:03 PM
Sales of existing homes rose again in
May and prices posted the biggest annual gain in eight years the
National Association of Realtors®
(NAR) s...
Thu, Jun 20 2013, 7:08 AM
It will be hard for today not to have something of an anticlimactic
feel after seeing another nail driven into the QE coffin that magically
appe...
Mon, Jun 17 2013, 9:41 AM
The United States does not have the only government that is knee-deep in controlling lending and real estate. Beijing,
which already has China's st...
Fri, Jun 14 2013, 2:02 PM
The California housing market heated up
a little more in May with resales of houses and condominiums rising
by 8.3 percent from resales in April. ...
Thu, Jun 13 2013, 5:05 PM
Fannie
Mae's Economic Outlook series continued its 2013 theme "Transition to
'Normal?'" in its June edition saying that four years into an expansio...
Fri, Jun 7 2013, 6:56 PM
The
U.S. Department of Housing and Urban Development ( HUD ) and the U.S.
Department of the Treasury today released the May edition of the
Obama Ad...
Mon, Jun 3 2013, 9:53 AM
Underwriters and loan originators are acutely aware of a trend
reflected in a stat the Census Bureau recently released: the number of
businesses w...
Fri, May 31 2013, 2:14 PM
"The guy next door" as well as multi-billion dollar venture capital
funds know that, right? Well, the housing industry is hoping that
venture capi...
Thu, May 30 2013, 11:03 AM
Pending home sales in April rose a
slight 0.3 percent to 106.0 on the National Association of Realtors®
(NAR) Pending Home Sales Index (PHSI). I...
Thu, May 30 2013, 10:50 AM
The Federal Housing Finance Agency (FHFA) published an interim final rule in the Federal Register recently which mean that the long drawn-out saga...
Thu, May 30 2013, 10:10 AM
Foreclosure-related
home sales retreated to a 21 percent share of all homes sales in the
country during the first quarter of 2013. RealtyTrac rep...
Tue, May 28 2013, 9:59 AM
In Saturday's edition of the commentary, the question was raised by CG from Wisconsin regarding paying loan officers different rates based on differen...
Fri, May 24 2013, 10:03 AM
T he IRS, furlough days, and the possible impact on 4506 transcript processing . I first heard about it through a Mountain West Financial e-mail: "T...
Thu, May 23 2013, 2:58 PM
The Fed giveth, and the Fed taketh away. Both stocks and bonds fell on Wednesday after a Q&A session with Ben Bernanke , and minutes from the latest ...
Thu, May 23 2013, 1:41 PM
New home sales rose 2.3 percent on a seasonally adjusted basis in April to an annual rate of 454,000 units . The Census Bureau and the Department ...
Wed, May 22 2013, 12:51 PM
Yesterday the commentary mentioned a rumored shut down of MGIC's Capital Markets Group . I received this e-mail: "MGIC has indeed reorganized certai...
Wed, May 22 2013, 12:24 PM
Existing home sales remain constrained
by limited inventory and tight credit but still managed to eke out a small
increase in April the National A...
Wed, May 22 2013, 3:04 PM
In April 2012 distressed properties
accounted for 45.8 percent of home sales in California the states Association
of Realtors® said Wednesday, but l...
Mon, May 20 2013, 9:32 AM
Here in Austin, at the Texas Mortgage Banker Association's yearly conference, the talk is not so much about the Millennial generation but about how ...
Mon, May 20 2013, 1:31 PM
Fannie Mae's economic and strategic research team today called the housing recovery "undeterred" after it contributed 0.3 percentages points to ec...
Fri, May 17 2013, 3:18 PM
Lawrence Yun, chief economist for the National Association of Realtors® (NAR) said Thursday it might be time to " dial down the credit stringency ." ...
Thu, May 16 2013, 9:03 AM
The median price of homes in California
topped $400,000 in April for the first time in five years. The California Association of Realtors®
(C.A.R...
Wed, May 15 2013, 11:42 AM
Where's the Fed's head when it comes to housing? I can't say for sure, but Fed Governor Duke's speech on " The Mortgage Market and Housing Condition...
Wed, May 15 2013, 1:14 PM
Several speakers representing lenders, servicers, and appraisers spoke to Realtors
attending their Midyear Legislative Meetings in Washington on Wedn...
Tue, May 14 2013, 3:20 PM
Home sales in Southern California hit a seven year high in April spurred by pent up consumer demand and high levels of investor activity . Prices ...
Tue, May 14 2013, 1:52 PM
CoreLogic's May MarketPulse report, released today, looks at the housing recovery and concludes that it is not occurring evenly across the U.S , bu...
Mon, May 13 2013, 12:46 PM
Realtors saw an increase in their income in 2012 for the second year in a row after nine straight years of losing ground The National Association of...
Mon, May 13 2013, 11:08 AM
The report points out, "It is hard to imagine a sustainable housing recovery taking place with fewer homeowners ."
This point, it says, "appears to...
Thu, May 9 2013, 3:49 PM
Despite rising home prices in U.S. metropolitan areas in the first quarter, the National Association of Realtors® (NAR) said today that home affordab...
Fri, May 3 2013, 10:49 AM
The seminar, earning, and agency news just won't stop! Richey May & Co ., an accounting firm based in Denver that specializes in serving mortgag...
Mon, Apr 29 2013, 10:28 AM
Home purchase contract signings slowed in March
although they remained slightly above February levels and well above contract
signings one year ea...
