Mon, Mar 19 2012, 10:27 AM
In this
environment, not only are many mortgage lenders making good returns, but the
Treasury is as well. The Treasury Department may announce today...
Thu, Mar 8 2012, 2:05 PM
CoreLogic's March edition of The Market Pulse , produced in a magazine
format, has two articles that caught our attention. The first, "Keep on Tr...
Wed, Mar 7 2012, 2:50 PM
Two companies released home price data
on Wednesday. CoreLogic released its
Home Price Index (HPI) for the month of January while Lender Process...
Fri, Mar 2 2012, 5:23 PM
The February edition of the Housing
Scorecard was released by the Departments of Treasury and Housing and Urban
Development (HUD) on Friday. In w...
Tue, Feb 28 2012, 12:02 PM
Please
excuse any grammar errors this morning - I am still recovering after fainting
during my visit to the gas station last night - $4.20/gallon fo...
Mon, Feb 27 2012, 12:23 PM
A survey of real estate agents conducted
by Campbell/Inside Mortgage Finance indicates that current homeowners are
increasingly shopping for their n...
Mon, Feb 27 2012, 10:37 AM
Pending
home sales in January reached a level last seen at the height of the homebuyer
tax credit bubble nearly two years ago according to informati...
Mon, Feb 27 2012, 9:07 AM
When
asked, most people would not want to know the exact date of their death. But an
idea of how an insurance company gauges and calculates your lif...
Fri, Feb 24 2012, 11:55 AM
New home sales in January were at a seasonally adjusted
annual rate of 321,000, a decrease of 0.9 percent from the upwardly revised December
rate o...
Fri, Feb 24 2012, 9:58 AM
"First
wash all the cars, then wax."
"Why do I have to..."
"Remember deal. No questions."
"Yeah, but..."
"Wax on right hand. Wax off left han...
Fri, Feb 24 2012, 3:44 PM
After beginning the week in significantly worse shape, Mortgages Rates finish the week having fought back in small increments against that weakness ...
Thu, Feb 23 2012, 11:59 AM
Money is
money, right? If Congress can place a " mortgage tax " in the form of higher
g-fees, and use the money to help cover a payroll tax waiver e...
Thu, Feb 23 2012, 3:46 PM
Mortgages Rates
continued to improve at a slow and steady pace. After rising somewhat abruptly into the end of last week and beginning of the curr...
Wed, Feb 22 2012, 12:26 PM
There was more good news from the
National Association of Realtors® (NAR) on Wednesday as they reported that the
sales of existing homes rose in Jan...
Wed, Feb 22 2012, 10:20 AM
Under the
title, "Too much time on one's hands", anyone involved in the
residential construction/remodeling business might find this, uh, interesti...
Wed, Feb 22 2012, 1:46 AM
As readers may be aware, we're rather fond of being close to utterly
dismissive of 2yr Treasury Note Auctions as significant market moving
events ...
Tue, Feb 21 2012, 10:38 AM
Welcome to
Fat Tuesday, or Mardi Gras, a rowdy day of hedonism where shipping departments
across the nation have great parties and throw bead neckla...
Thu, Feb 9 2012, 12:38 PM
As prices continued to decline during
the fourth quarter of 2011 in most metropolitan areas of the U.S., housing
affordability rose due not only t...
Mon, Feb 6 2012, 4:41 PM
The
Departments of Housing and Urban Development (HUD) and Treasury issued the
administration's January Housing Scorecard on Monday. The report i...
Thu, Jan 26 2012, 11:26 AM
New home sales declined by 2.2 percent
to a seasonally adjusted annual rate of 307,000 units in December according to
data jointly released by the ...
Thu, Jan 26 2012, 10:45 AM
I was
speaking to my 88-year old dad the other day on the way to Costco for a hot dog
lunch. (No, this is not elder-abuse - he actually likes them.)...
Thu, Jan 26 2012, 10:12 AM
Sales of distressed homes, those in some
stage of foreclosure or bank owned (REO), accounted to 20 percent of all U.S.
home sales during the third ...
Wed, Jan 25 2012, 11:16 AM
Pending home sales fell off of the
19-month high reached in November according to figures released on Wednesday by
the National Association of Real...
Mon, Jan 23 2012, 10:28 AM
Cash buyers, principally investors, may
be putting downward pressure on home prices according to the Campbell/Inside
Mortgage Finance Housing Puls...
Mon, Jan 23 2012, 9:44 AM
Hey, if
you can't beat 'em, join 'em . I bet many
wouldn't mind making nearly a quarter million a year being a "cutting edge"
CFPB regulator - li...
Fri, Jan 20 2012, 11:56 AM
Existing
home sales edged higher for the third consecutive month according to data
released this morning by the National Association of Realtors® ...
Fri, Jan 20 2012, 9:51 AM
The world
has been watching the ship incident in the Mediterranean, and the fact that the
captain was seen on an island during the event. His quote,...
Wed, Jan 18 2012, 11:29 AM
Home builder confidence rose in January
for the fourth consecutive month as builders saw more buyer traffic and
anticipated higher sales. The Nati...
Wed, Jan 18 2012, 1:57 PM
"Perspectives on the housing market
depend on where you sit ," according to Freddie Mac's U.S.
Economic and Housing Market Outlook
for January. ...
Tue, Jan 17 2012, 9:48 AM
The
Federal Budget and National Debt numbers are so large that it's often difficult
to get a grasp of just exactly how much money is being discussed...
Mon, Jan 9 2012, 3:32 PM
The Departments of Treasury and Housing
and Urban Development have released their joint December 2011 Housing
Scorecard . The report is essentiall...
Tue, Jan 3 2012, 11:10 AM
The U.S.
Census Bureau projected the Jan. 1, 2012, total United States population at
312,780,968. This would represent an increase of 2,250,129, or ...
Fri, Dec 30 2011, 9:48 AM
We wrap up
the year with the S&P (a better broad measure of stock performance than the
DOW) essentially flat on the year, but 10-yr yields nearly 1....
Thu, Dec 29 2011, 11:48 AM
Who says
that folks in the mortgage business can't rhyme ?
If you're away from your home, and you come back and find that a pipe has
burst, a...
Thu, Dec 29 2011, 4:23 PM
The National Association of Realtors® (NAR)
announced on Thursday that pending home sales in November reached the highest
levels seen in 19 months. ...
Wed, Dec 28 2011, 11:16 AM
Overheard
recently: "I love Christmas lights - they remind me of some co-workers.
They all hang together, half of them don't work, and the ones that...
Tue, Dec 27 2011, 10:29 AM
Saturday
night, while you were pleasantly dreaming of presents, the cookies for Santa
had a different experience .
FHA lenders had reason fo...
Fri, Dec 23 2011, 10:17 AM
The Census
Bureau reports that between 2005 and 2011, the proportion of young adults
living in their parents' home increased. The
percentage of me...
Fri, Dec 23 2011, 10:14 AM
New homes sales in November rose to a seasonally adjusted annual rate of 315,000 according to data released today by the Census Bureau and the Depart...
Fri, Dec 23 2011, 8:19 AM
Although there's a decent enough lineup of economic reports this morning, including New Home Sales, Durable Goods, and Personal Consumption Expenditur...
Thu, Dec 22 2011, 10:23 AM
The JD
Power Survey is mostly known for car rankings. But the rating firm also takes a
look at mortgage lenders .
Congrats
in the above to Qui...
Wed, Dec 21 2011, 12:49 PM
Existing home sales rose 4.0 percent in
November to a seasonally adjusted annual rate of 4.42 million homes, up from
4.25 million in October accord...
Wed, Dec 21 2011, 12:15 PM
As the National Association of Realtors®
(NAR) first announced last week, its periodic rebenchmarking of existing home
sales data uncovered some p...
Wed, Dec 21 2011, 11:17 AM
If you
have a few minutes, and want to learn more about our economy ("One recent
survey found that one out of every three Americans would not be abl...
Wed, Dec 21 2011, 4:04 PM
According to data reported on Wednesday
by CoreLogic, the residential shadow inventory as of October stood at 1.6
million housing units, a supply ...
Tue, Dec 20 2011, 10:38 AM
I f you
have trouble finding something for that special person who has everything, how
about a new chia pet.
The old
saying, "Give a man a...
Mon, Dec 19 2011, 10:59 AM
If you
have a few seconds, go to Google and do a search on "Let it snow."
There's even a "defrost" button.
I am sure that many originators wish...
Mon, Dec 19 2011, 10:03 AM
Homebuilders are more optimistic than they've been about single-family home sales in a year and a half according to a report released today by the Na...
Thu, Dec 15 2011, 10:02 AM
Christmas
Day is only ten days away, and thrill-seeking mortgage bankers and Realtors
everywhere are wondering what they'll find under their tree. H...
Wed, Dec 14 2011, 10:51 AM
The National Association of Realtors® (NAR) will
hold a press conference next week to announce revisions to its data on sales of
previously owned U...