Tue, Jan 26 2021, 4:03 PM
It probably wasn't on your COVID Bingo card, but the National Association of Home Builders (NAHB) is finding more and more evidence that the pandemic ...
Tue, Jan 26 2021, 12:12 PM
The annual increases in U.S. home prices is nearing dizzying levels. The November data from the Federal Housing Finance Agency (FHFA) crossed into dou...
Mon, Jan 25 2021, 11:44 AM
The interest rates on 30-year fixed rate mortgages originated in December reached an all-time low in ICE Mortgage Technology's (formerly Ellie Mae's) ...
Fri, Jan 22 2021, 1:09 PM
Existing home sales resumed an upward trajectory in December. After drifting lower by 2.5 percent in November, breaking a five-month streak of gains ,...
Fri, Jan 22 2021, 1:00 PM
Optimism is running high in Fannie Mae's first Economic and Housing Outlook of the year. The company's Economic and Strategic Research (ESR) team says...
Fri, Jan 22 2021, 11:37 AM
Mortgage performance understandably deteriorated over the course of 2020. Black Knight, in its "first look" at December data, noted that the year ende...
Thu, Jan 21 2021, 10:28 AM
Residential construction finished out 2020 much more strongly than analysts had expected. The U.S. Census Bureau and Department of Housing and Urban D...
Wed, Jan 20 2021, 3:08 PM
The Department of Housing and Urban Development (HUD) announced on Tuesday that it has extended eligibility for FHA mortgages to individuals who are c...
Wed, Jan 20 2021, 11:45 AM
After setting three successive record highs, most recently a 90 level in November , the pandemic and rising construction costs are taking a toll on th...
Wed, Jan 20 2021, 9:15 AM
The Mortgage Bankers Association (MBA) estimates that applications for the purchase of newly built homes rose only 0.2 percent from November to Decemb...
Wed, Jan 20 2021, 9:14 AM
Late last week the Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury (Treasury) agreed to amend the Preferred Stock Purcha...
Wed, Jan 20 2021, 8:37 AM
The volume of mortgage applications fell back slightly last week. The Mortgage Bankers Association (MBA) said its Market Composite Index was down 1.9 ...
Tue, Jan 19 2021, 11:05 AM
President-elect Joe Biden has announced his picks for two important financial regulatory positions. The chairmanship of the Consumer Financial Protect...
Fri, Jan 15 2021, 10:34 AM
A decline in the number of forborne loans in those portfolios serviced for banks and private label securities (PLS) accounted for most of the modest d...
Fri, Jan 15 2021, 10:19 AM
Freddie Mac's first quarter 2021 economic forecast is unusually short, and, unlike recent forecasts from either of the GSEs, has relatively few revisi...
Fri, Jan 15 2021, 10:17 AM
Fannie Mae said that the standardization of servicing standards that followed the 2008 housing crisis appears to have helped the industry manage the r...
Wed, Jan 13 2021, 8:29 AM
It was a typical first-work-week-after-the holiday bounce for the mortgage indexes, although the surge was significantly more restrained than last yea...
Tue, Jan 12 2021, 4:41 PM
While it did dip a bit last month, the availability of mortgage credit appears to be stabilizing , having moved only slightly over the last three mont...
Tue, Jan 12 2021, 10:42 AM
The rate of mortgage delinquencies remains significantly elevated from last year, but there is gradual improvement . The national rate moved higher in...
Fri, Jan 8 2021, 1:23 PM
In most parts of the country owning a home is more affordable than renting one according to ATTOM Data Solutions' 2021 Rental Affordability Report . T...
Fri, Jan 8 2021, 1:20 PM
A month end wave of plan expirations in December led to a substantial decline in the number of active forbearances during the first week of 2021. Blac...
Thu, Jan 7 2021, 5:32 PM
That the pandemic is worse today than it was last spring appears to be finally dawning on a lot of consumers and the Home Purchase Sentiment Index (HP...
Thu, Jan 7 2021, 11:49 AM
While COVID-19 has wreaked havoc on most of the economy last year, Wells Fargo's Securities Economic Group says many of the responses to the pandemic ...
Wed, Jan 6 2021, 9:49 AM
The Mortgage Bankers Association (MBA) resumed reporting on mortgage applications today after a two-week holiday hiatus. Information on mortgage volum...
Tue, Jan 5 2021, 11:06 AM
Home prices rose another 1.1 percent in November according to the CoreLogic report on its Home Price Index. The year-over-year gain was 8.2 percent , ...
Mon, Jan 4 2021, 11:36 AM
Total spending on construction projects in the U.S. rose 0.9 percent in November compared to October. The U.S. Census Bureau estimated that the season...
Mon, Jan 4 2021, 11:18 AM
The number of loans in COVID-19 forbearance plans last week rose for the third consecutive week during the period ended December 29. Black Knight said...
Wed, Dec 30 2020, 11:28 AM
Pending home sales slid for the third straight month in November and the 2.6 percent decline was the largest of the three. The National Association of...
Tue, Dec 29 2020, 10:00 AM
The headline for the October S&P CoreLogic Case-Shiller home price report is yet another month of escalating gains. The National Home Price Index whic...
Mon, Dec 28 2020, 11:54 AM
As studies go, ATTOM Data Solutions Grocery Store Wars analysis is kind of silly. But at this point in this year, kind of silly is sort of welcome. Ke...
Mon, Dec 28 2020, 11:50 AM
The number of forbearance plans increased again during the six-day period (shortened because of the holiday) ended December 21 and again Black Knight ...
Thu, Dec 24 2020, 11:18 AM
The Federal Housing Finance Agency (FHFA) has released a notice of proposed rulemaking that would require Fannie Mae and Freddie Mac (the GSEs) to dev...
Wed, Dec 23 2020, 12:11 PM
The rate of home price increases accelerated again in October from their already heightened pace. The Federal Housing Finance Agency (FHFA) said its H...
Wed, Dec 23 2020, 12:11 PM
New home sales essentially fell of a cliff in November. The U.S. Census Bureau and the Department of Housing and Urban Development said on Wednesday t...
Wed, Dec 23 2020, 9:43 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 29.5 percent in November compared to a 25.7 percen...
Wed, Dec 23 2020, 8:36 AM
In its last report of 2020, the Mortgage Bankers Association (MBA) said refinancing represented nearly three-quarters of application activity during t...
Tue, Dec 22 2020, 11:26 AM
Existing home sales finally took a breather in November, breaking a five month stretch of gains, often substantial ones. The National Association of R...
Tue, Dec 22 2020, 8:40 AM
The Department of Housing and Urban Development (HUD) has extended the timeframe for several of the relief programs it put into effect last spring thr...
Mon, Dec 21 2020, 2:18 PM
The Urban Institute (UI) recently held a webinar with housing experts to look at distress in the housing market. In a report on the findings, research...
Mon, Dec 21 2020, 12:40 PM
While delinquencies are still elevated, especially those over 90 days, Black Knight's "first look" at November data notes a sixth consecutive monthly ...
Fri, Dec 18 2020, 10:47 AM
There was an increase in the number of loans in forbearance over the last week as the share within all lender portfolios, even the GSEs', moved higher...
Fri, Dec 18 2020, 10:44 AM
Freddie Mac is touting its readiness to transition from using the London Interbank Offered Rate or LIBOR to the Secured Overnight Financing Rate (SOFR...
Thu, Dec 17 2020, 1:53 PM
In November, the Federal Housing Finance Agency (FHFA) released a new regulatory capital framework for Fannie Mae and Freddie Mac (the GSEs). At the t...
Thu, Dec 17 2020, 10:30 AM
While housing completions were down, residential construction improved again in November . Permitting was especially strong with a 6.2 percent month-o...
Thu, Dec 17 2020, 10:22 AM
According to Ellie Mae's Origination Insight Report, loans closed during November had an average note rate of 2.97 percent. The 30-year note rate for ...
Wed, Dec 16 2020, 12:27 PM
After setting successive survey highs in September, October, and November, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market...
Wed, Dec 16 2020, 10:30 AM
Mortgage application volume was relatively flat as the nation eased into the holiday season. The Mortgage Bankers Association (MBA) said its Market Co...
Wed, Dec 16 2020, 10:09 AM
The Mortgage Bankers Association (MBA) says applications for new home purchases suffered a significant downturn in November but remain well above the ...
Wed, Dec 16 2020, 9:36 AM
A recent spate of positive news has allowed Fannie Mae to upgrade several pieces of its economic forecast this month. The approval of at least one COV...
Wed, Dec 16 2020, 9:35 AM
Twenty-three housing and economic experts have told the National Association of Realtors® (NAR) they expect the post-pandemic economic rebound to cont...
