Affordability issues will reduce the stock of potential homebuyers.
This weeks increase in borrowing costs in Freddie Macs survey confirms that last weeks average decrease in rates was temporary.
Refinancing share is up week-to-week, but the Mortgage Bankers Associations raw numbers show purchases are higher both week-to-week and year-to-year.
Increases in medium- and long-term interest rates still pose risks, but the Federal Deposit Insurance Corp.'s Quarterly Banking Profile revealed that a rate recovery can also have advantages.
Shrinking origination volumes and margins have reduced lenders training efforts, but they are willing to invest in programs and systems that ensure compliance or payoff.
Even though home price appreciation was up 5.2% on a yearly basis, it still is a much slower pace than the 7% figure that was seen over the summer.
The individual performance of mortgage-related companies in this publications equity index ranged from a gain of about 5% to a loss of about 1% in value on the day.
Mel Watt, set to become director of the Federal Housing Finance Agency, is making both agency and non-agency MBS investors nervous.
Low inventories continue to support rising home values.
Following new legislation issued by the CFPB earlier in November, the mortgage industrys voluntary standards organization has extended the comment period beyond yearend 2013.
Mortgage loans originated this year are favorable towards borrowers, but there may be a shift in risk and eligibility as the market moves into a purchase and first time homebuyer market.
The CFPB's "Know Before You Owe" rule combining TILA and RESPA disclosures "is one of the largest and most impactful regulatory changes credit unions have probably ever seen, one analyst says.
Colonial Savings installed new mortgage software and consequently tripled loan volume, cut costs and improved compliance without reducing headcount.
Loan buybacks fall to the lowest level in 5 years with $1.8 billion in the third quarter.
More builders are getting new single-family construction permits amid home sales declines, which one insider sees as a natural market adjustment that will not inhibit the housing market recovery process.