Bank of America: 'We provide all required MSR documents'

Bank of America: 'We provide all required MSR documents'

Responds to Ginnie Mae MSR transfer block

17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower
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Items Tagged with 'Homebuilders'

ARTICLES

Residential construction spending down for February

Overall construction spending ticks up on public housing
April 1, 2014
Construction spending rose a mere 0.1% month-over-month in February to $945.7 million, with private residential construction spending down 0.8% and residential construction down 0.7%.
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Homebuilder stocks rise on HW 30

Despite recent pressure, homebuilder stocks show hopeful future
March 31, 2014
The HW 30 finished the month of March up 0.7% and is up 0.6% year-to-date. However, the positive news may not seep in homebuilder stocks just yet.
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Toll Brothers earnings surge on higher home prices

Net income totals $45.6 million
February 25, 2014
Luxury homebuilder Toll Brothers' first quarter net earnings ended Jan. 31 increased to $45.6 million, or 25 cents per share, driven primarily by higher prices and volume.
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MBA: New single-family home sales surge in January

February 13, 2014
New single-family homes recorded a sharp uptick in January, running at a seasonally adjusted annual rate of 543,000, following reports of homebuilder sentiment that show strength in the market for new homes.
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Why D.R. Horton’s stock went soaring

An 86% climb in earnings will do that
January 28, 2014
HW 30 finished up Tuesday as consumer confidence showed signs of a comeback. But the stock feeling the greatest surge was a middle-market builder.
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Americans build larger, more costly homes

New NAHB survey shows a market chomping at the bit
January 7, 2014
Home construction money is going into larger homes, more lavish interior finishes and smaller lots. It's a new era for builders, and in this generation, buyers are more specific about where they spend their money.
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Contradictory housing data makes 2014 a bit of a maze for forecasters

But a few trends are easy to spot
December 31, 2013
What can we make of the seeming incongruity of indicators in the housing market as 2013 comes to a close? Mortgage applications recently hit a 13-year low. Existing home sales fell for the third consecutive month – and for the first time on a year-over-year basis in quite some time.
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Beige Book: Home prices rise on increased demand, falling inventory

All Federal Reserve districts witness economic improvement
December 4, 2013
All 12 Federal Reserve districts witnessed moderate to modest economic growth in the most recent Fed Beige Book report as the housing recovery continued across the country.
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Headwinds ahead for housing

Sales surge 25.4%, but lending rules and rates pose challenges
December 4, 2013
There may be major headwinds ahead for housing as inventory levels shrink and rates rise. Not to mention, the slew of new mortgage rules hitting the market in January.
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Another rough day for the HW 30

Housing, mortgage stocks fall
December 3, 2013
Housing and mortgage stocks faced a rough and tumble day on Wall Street, with the HW 30 index falling a second straight day in a row.
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