Data and information management

Existing home sales in California rose 7% in July from June and by 1.5% over July 2012.

NAFCU’s Economic & CU Monitor shows Fannie Mae and Freddie Mac play an outsized role in the credit union industry’s mortgage products.

Builders started work on fewer single-family homes in July, marking a pause in the residential construction rebound that’s helping to propel the U.S. economy.

The 69-year-old home loan program run by the Department of Veterans Affairs is on track to have its best year ever.

Redfin’s July Bidding War Report found that competition on homes for sale fell to 63.3% of listings with more than one offer in July from 68.6% in June.

Barry Habib, chief market strategist for Residential Finance, explains the results from the latest National Association of Home Builders Housing Market Index, which was released at 59, stronger than expectations of 56.

The number of U.S. properties filing for foreclosure inched up 2% from the 78-month low in June, but were still down 32% compared to a year ago.

Mortgages, the largest component of household debt, fell $91 billion on a quarterly basis and now stand at $7.84 trillion.

Foreclosure starts fell noticeably in the second quarter from the previous quarter and the number of loan modifications fell to their lowest level since last summer.

A decline in reported foreclosures and falling property sales has resulted in home prices rising in all 42 counties tracked by DataQuick.

A Richey May report pegged 2Q commissions at 78 basis points and the four-month average for commissions at about 80 basis points of total production.

There was just $9.5 billion of home equity that was taken out of properties in a mortgage refinance in the second quarter, according to Freddie Mac.

After an encouraging first quarter, New York City foreclosure activity is starting to pick up again.

The deal will price on Wednesday and settle on Friday “at benchmark size,” according to Freddie Mac.

Federal Housing Administration single-family originations spiked in May before dropping 23% in June as mortgage rates jumped and FHA mortgage insurance became more expensive.

Higher home prices are starting to shut out buyers in certain markets in California, while in Florida the market gained strength in the second quarter, with more closed sales, higher median prices, more pending sales and a shrinking inventory.

Mortgage applications to purchase new homes rebounded 14% in July after a 15% drop in June.

New data by the Mortgage Bankers Association show that the serious delinquency rate on FHA-insured single-family loans fell to 7.57% in the second quarter.

Fitch in its latest monthly index recorded the largest drop in commercial mortgage-backed securities delinquencies since the end of the recession.

Several Northeastern states now have a higher percentage of loans in foreclosure than California and Arizona.