CMBS Issuance Down as Multifamily, GSE Lending Up
Driven by the government-sponsored enterprises, multifamily lending rose last year, as did office loan originations. But issuance of commercial mortgage-backed securities tumbled.
Mortgage Bankers Raise Q1 Refinance Forecast
The volume of refinances expected by the country's mortgage bankers during the first-three months of this year has increased.
Fannie's Annual Business and Earnings Increase
Income, mortgage-backed securities issuance and the book of business all grew last year at the Federal National Mortgage Association.
Mortgage Rates Poised For 4th Week of Little Change
Mortgage rates have hardly moved over the past three weeks, and at least one forecast suggests that fixed rates might continue to stay frozen.
Decline in Home Construction Started, Completed
The annual rate of building permits soared to the highest level since 2015. But weakening was reported for construction started and completed.
Annual Earnings, Business Up at Freddie
Annual earnings, secondary lending activity and loans outstanding all increased in 2016 at the Federal Home Loan Mortgage Corp.
GSE Refinances Down Despite HARP Up Tick
Although there was a monthly increase in government-supported refinances, overall government-sponsored enterprise refinances slowed.
Mortgage Lates Surge, Foreclosures at 9-year Low
Even though the foreclosure rate fell to a nine-year low and foreclosure starts sank to a 28-year low, quarterly 30-day mortgage delinquency spiked.
Home Lenders Take More Risk, Gov Share Shaken Up
There was a significant change in the share of government home-loan originations last month. Meanwhile, lenders took more risk with credit scores and debt-to-income ratios.
Sinking Homebuyer Traffic Hurts Builder Confidence
A plunge in homebuyer traffic for new homes drove down the level of confidence among the nation's home builders for the second month in a row.