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Managing Risk in High LTV Loans

by devteam September 3rd, 2015

In addition to its usual recap of economic and housing indicators and future projections this week's edition of Freddie Mac's Insights and Outlook sought to put any potential risk of its the new 97 percent mortgages in context. The mortgages, a program

Global Uncertainty said Behind Busy Mortgage Week

by devteam September 2nd, 2015

Last week was the strongest one on a relative basis for mortgage applications in quite some time. The Mortgage Bankers Association (MBA) said that its Market Composite Index, a measure of application volume rose 11.3 percent on a seasonally adjusted basis

Construction Spending Flat but still Posting YoY Improvement

by devteam September 2nd, 2015

Construction spending posted a slight increase in July rising 0.7 percent from the revised June estimate of $1,075.9 billion to a seasonally adjusted annual rate of $1,083.4 billion. The July number was 13.7 percent higher than the estimate in July 2014

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