Data and information management

As the housing market continues to recover, the foreclosure inventory is declining quickly, data from a CoreLogic report revealed.

The second quarter report shows that the 1,115 reporting banks recorded $8.1 billion in income from the sale, securitization and servicing of their 1-4 family loans.

Mortgage purchases by Freddie Mac fell nearly 13% in July compared to June but the share of refinancings remained steady at 69%.

The Realtor’s leading indicator of future home sales edged down in July for the second month in row as potential buyers moved to the sidelines due to rising home prices and higher mortgage rates.

Mortgage loan application volume decreased by 2.5% on a seasonally adjusted basis for the week ended Aug. 23.

We're hearing that the full-fledged recovery in the closely watched metropolitan Phoenix housing market shows no signs of abating.

The share of households consisting of married parents with children has been cut in half.

Credit unions originated 6.8% of all first mortgages in the U.S. in the first half of 2013.

The S&P Case-Shiller house price index rose 2.2% in June from the prior month as all 20 cities in the HPI posted monthly gains for the third consecutive month.

Lender Processing Services said home prices continue to rise at a moderate pace since the beginning of the year, as values increased from May to June by 1.2%.

Rising interest rates slowed refinancing demand and whet homebuyers' appetites for adjustable-rate mortgages in July.

BB&T's original capital plan was rejected in March, based on a "qualitative assessment."

New home sales plummeted 13% in July as the jump in mortgage rates and a limited supply of newly completed homes took a bite out of sales.

Home prices rose 0.7% in June, according to a house price index based on Fannie Mae and Freddie Mac purchase mortgage transactions.

The best states for good health and building real estate wealth are Texas, North Dakota, South Dakota, Utah, North Carolina, California, Tennessee, Montana, Wyoming, Iowa and Arkansas.

Closed sales of existing single-family homes in Florida were up 17.5% in July over the same month in 2012 and pending sales were up 23.3%, while in Illinois home sales in July were up 28.5% over the previous July and median prices were up 14.2%.

One economist has noted that rising mortgage rates have pushed some buyers into the market.

Treasury losses are being matched this month by declines in mortgage-backed securities as the Federal Reserve prepares to reduce purchases of both securities as soon as September.

Nearly all the individual real estate investment trusts investing in agency single-family mortgage-backed securities suffered quarter-to-quarter losses in book value due to market volatility.

In July, year-over-year home prices increased by 6%, which represents the 14th straight month of annual appreciation.