Trending Thursday: More McMansions, Ferguson home values and more

Trending Thursday: More McMansions, Ferguson home values and more

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Items Tagged with 'mortgage origination'

ARTICLES

Ellie Mae report shows continued transition into purchase-driven market

Purchases outpacing refinances again
Ben Lane
As interest rates slowly tick up, purchase originations are now again outpacing refinance originations, according to a new report from Ellie Mae. Here's a look at Ellie Mae's data.
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Freddie Mac: Mortgage lending forecast bumped higher…for now

One thing could derail the growth
Brena Swanson
The housing market is faring better than expected this year thanks to strong refinance activity through the first four months of the year. However, this still leaves eight unaccounted months to change the housing market, including imminent interest rate news.
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RealtyTrac: Mortgage lending rose 17% in first quarter

Low interest rates lead to big jump in refinances
Ben Lane
Thanks in large part to the continually low interest rate, mortgage originations rose 17% year-over-year in the first quarter, according to a new report from RealtyTrac. Unsurprisingly, refinances led the way. Here's how it all broke down.
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Flagstar beats 1Q income expectations on strong mortgage volume

Revenue up on improved gain on sale margins
Trey Garrison
Mortgage volume increases for Flagstar, providing a solid tail wind as the company also sees revenue growth after the company reworked its approach to mortgage origination.
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Costs up, profits down: Closing a mortgage gets more expensive

In just one quarter the profit dropped $153 per loan
Trey Garrison
The net cost to originate a mortgage is growing and the profit from closing an origination is shrinking, despite growing loan balances and steady loan production. Can you spot the drag?
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Mortgage business mixed at the Big Four banks in 4Q

A roundup of how the TBTFs fared in the mortgage space
Trey Garrison
The Big Four banks have reported their fourth quarter and full year earnings, and here’s a look at what happened in their mortgage space.
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Mortgage lending reverses yearlong trend

NY Fed: Mortgage debt increases $35 billion in third quarter
Ben Lane
The NY Fed report also shows that the amount of mortgage debt held by households increased by $35 billion from the second quarter to the third quarter, rising to a total of $8.13 trillion. But how did the rest of the mortgage market fare?
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Low interest rates drive refinances to six-month high

Interest rates fall again
Ben Lane
"Low rates are creating opportunities for homeowners to either lower their payments or capitalize on their homes’ equity," said Jonathan Corr, president and COO of Ellie Mae.
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Freddie Mac: 5 game-changing predictions for 2015

Interest rates to hit 5.5% in 2016
Brena Swanson
According to a new report, the U.S. economy is well poised to sustain about a 3% growth rate for 2015. As a result, here are five predictions for the housing market in 2015, including where interest rates will go and whether or not home sales will increase.
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CoesterVMS upgrades Encompass integration

Cloud Control System now available as native application
Ben Lane
"Our development team has taken the time to build an integration that is years ahead of anything else on the market," said Brian Coester, CEO of CoesterVMS. "Our goal is to provide unprecedented means of efficiency to the mortgage origination process. This integration does that and more."
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