Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special

FHA loans could face "tidal wave of defaults"

All indices hit series high

Another mortgage lender launches 3% down loan

Falls in line with FHFA
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Items Tagged with 'MBA'

ARTICLES

Community bankers call on FHA to lower mortgage insurance premiums

Costs threaten housing recovery, trade groups say
Trey Garrison
The FHA is getting back on its fiscal feet, but it's still charging premiums that the mortgage finance industry worry are too high. Here's what they want, and why.
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18 Senators, mortgage bankers tell HUD: Time to lower FHA premiums

Letters cite health of MMIF as reason for lowering fees
Ben Lane
A group of 18 U.S. Senators and the Mortgage Bankers Association both sent letters to the U.S. Department of Housing and Urban Development on Thursday, stating that the time has come for the Federal Housing Administration to lower its mortgage insurance premiums.
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Mortgage applications fall 3.3.% for week despite continued low rates

Third week of declines comes amid global economic unrest
Trey Garrison
For the third week in a row, mortgage application activity dropped, despite the drop in already low interest rates.
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Monday Morning Cup of Coffee: Oil's plunge could derail housing

Lax lending standards for the sake of social policy — aka party like it's 2005?
Trey Garrison
Oil's plunge could turn everyone's predictions for 2015 on their head. But more ominously, we'll see how much of the real estate recovery has been driven by the shale and natural gas boom. Housing price drops, lower lending standards — haven't we seen this movie before?
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Applications for new home purchases plunge

Higher end homes still pushing upwards
Trey Garrison
Mortgage applications are down overall in a big way, but there's one sector that's still going strong. Here's a look at the numbers.
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New FHA administrative fee defeated in Congress

CMLA lead opposition to costly 4bp fee on mortgage lenders
Trey Garrison
A provision in Senate Bill 2438 that would have allowed the Federal Housing Administration to charge a 4 basis point administrative fee has been formally defeated. Here's what happened and why it counts.
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Will mortgage lenders offer 3% down GSE products?

Bank of America is not doing FHFA mortgages but AMCAP is
Brena Swanson
Fannie Mae and Freddie Mac opened the door to 97% loan-to-value mortgages, but lenders are not rushing to go through it. While those mortgages are good news for first-time homeowners, it may be some time before this product takes hold.
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Mortgage applications reverse course jumping 7.3%

Refis see jump in share from 60% to 64%
Trey Garrison
Mortgage applications jumped last week for the first time in two weeks, rising 7.3%.
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MBA: Mortgage credit got easier in November

Increase driven by one loan product
Trey Garrison
Mortgage credit availability increased in November according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association. And it's all down to one, single reason.
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Good news! Closing a mortgage still makes money

Origination volumes rise, but profits are down slightly
Ben Lane
Breathe easy everyone. Originating a mortgage is still a profitable endeavor. But it wasn't always this way.
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