Data and information management

Even though builder confidence is currently at an eight-year peak with a mark of 58, there is some hesitancy from buyers due to the recent increases in interest rates.

The spread between the one-month certificate of deposit interest rate and the 30-year fixed-rate mortgage is around 4.4% right now, about 55% higher than the 40-year historical average of 2.83%.

Home Affordable Modification Program servicers have completed nearly 151,000 loan modifications where the borrowers benefit from principal reductions and 129,000 of those loans are still active.

There was a 0.7% rise in home prices in July from June, according to the FNC Residential Price Index.

There were nearly 2% fewer homes sold in California in August compared with July’s revised figures, although it is over 3% when compared with August 2012.

Ginnie Mae MBS issuance totaled $35.3 billion in August, down nearly 10% from the prior month.

We're hearing the housing and mortgage industry can pat themselves on the back for their lobbying effort to block the PATH Act.

Trade-up buyers are typically more responsive to market conditions and financial incentives.

Commercial mortgage-backed securities late-pays in August fell 10 basis points to 6.68%, a milder decline than the record 40 basis point month-to-month drop experienced in July.

There is starting to be a shift in the dynamics of the housing market, which will mean future increases in home values will be driven by market demand rather than the shortage of homes for sale.

Mortgage applications to purchase newly built homes declined 14% on an unadjusted basis in August compared with July.

Total refinancings by Fannie Mae and Freddie Mac seller/servicers dropped 10% from June to 369,100 in July.

BMO Capital Corp. has lowered its earnings estimates for a number of banks, most notably Wells Fargo.

A decrease in foreclosure starts was the main driver that led to a fall in overall activity with 128,560 foreclosure filings reported during August.

Barry Habib, chief market strategist for Residential Finance, analyzes the Mortgage Bankers' Association's latest applications data as well as the U.S. initial jobless claims reported last week.

HomePlus Mortgage has been rated by LendingTree’s consumer users as the top lender for providing consumer service in the second quarter.

As the housing market recovery carries on, a slowdown in foreclosures activity continues in Massachusetts.

CoreLogic said about 2.5 million more residential properties returned to a state of positive equity during the second quarter.

The percentage of conduit commercial mortgages paying off at their balloon date in August is 72.1%.

The recent spike in mortgage rates has “dampened” consumers’ views of the housing market, according to Fannie Mae’s latest survey.