Home >> Featured (page 709)

Featured

U.S. Home Prices Stall in July

Including seasonal factors, the S&P/Case-Shiller 10- and 20-city indices both posted a 0.5 percent decline from June to July, S&P Dow Jones Indices reported. Those losses compare to declines of 0.2 percent and 0.3 percent, respectively, from May to June. The National Index, recently added as a monthly (rather than quarterly) measure, inched up a meager 0.2 percent, a step up from its 0.1 percent drop in June.

Read More »

Mortgage Loan Risk Flat in August

AEI's National Mortgage Risk Index measured 11.3 percent last month, little changed from July's index, the group said. As a stress test, the index measures the percentage of loans that would be at risk of turning sour in the event of an economic downturn. Though the index has come down in recent months, it remains nearly twice the acceptable level "conducive to a stable market," AEI said.

Read More »

The MReport Webcast: Monday 9/29/2014

Despite complaints that low appraisals are disrupting home sales, a new analysis from FNC Inc. argues that valuations have had little impact in the delayed housing recovery. While ...

Read More »

Housing Market Stability Slips in July

Freddie Mac's Multi-Indicator Market Index (MiMi) fell back nearly half a percentage point to 73.4 in its latest reading, the company reported earlier this week. According to the company, the decline "appear[ed] to be broad-based, and not concentrated in a handful of state or metro markets." As of the latest reading, Freddie Mac says the index is up 22.7 percent from its all-time low in 2011.

Read More »

Report: Low Appraisals Not at Fault for Slow Housing Recovery

As home values have made a rapid ascent in the past few years, those on the sales side point to lagging appraisal models as a major hurdle to finalizing transactions. In a newly released report, however, FNC maintains that despite anecdotal reports, "there is no strong evidence that low appraisal valuations contributed to mortgages falling through."

Read More »

The MReport Webcast: Friday 9/25/2014

The nation's negative equity rate dipped closer to single digits in the year's second quarter, according to new data released Thursday. Property information firm CoreLogic reported that nearly ...

Read More »

August Home Sales Slow; Price Growth Mixed

Home sales in August retreated annually for the fourth straight month as home prices ticked up to a six-year high, RealtyTrac revealed Thursday in its latest sales report. According to the company's data, U.S. residential properties, including single-family homes, condos, and townhomes, sold at an estimated annual rate of 4.5 million last month, down half a percent from July and 16 percent from August 2013.

Read More »

The MReport Webcast: Thursday 9/25/2014

The pace of new single-family home sales last month outperformed even the most optimistic projections, according to government numbers released Wednesday. The Commerce Department reported new home sales ...

Read More »

Underwater Rate Down in Q2 as Home Equity Rises $1T

Property information firm CoreLogic reported that nearly 946,000 homes returned to positive equity in the second quarter, meaning the mortgage holders owe less on their loan than the property's worth. With the most recent quarterly increase, CoreLogic estimates the total number of mortgaged homes with equity across the country has surpassed 44 million.

Read More »

CFPB, Critics React to GAO Report on Data Collection

Rep. Jeb Hensarling earlier this week pounced on a GAO report criticizing CFPB's data collection practices, accusing the bureau of "trying to out-NSA the NSA when it comes to accumulating information on Americans." The report came as a result of legislation passed by Congress in January that required GAO to look into CFPB's data collection methods following CFPB's refusal to disclose information about its program to Congress, according to Hensarling.

Read More »

Subscribe to MDaily

MReport is here for you to stay on top of important developments in the mortgage marketplace. To begin receiving each day’s top news, market information, and breaking news updates, absolutely free of cost, simply enter your email address below.