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Refinancing Rebounds Slightly as Rates Dip; Purchases Slide
As interest rates pulled back last week, refinancing drove mortgage application activity slightly higher . The Mortgage Bankers Association said that its Market Composite Index, a measure of application volume, increased 1.4 percent on a seasonally adjusted
Residential Construction Metrics Rose Significantly in July
Two important measures of strength in the housing and construction industries moved substantially higher in July the U.S. Census Bureau and the Department of Housing and Urban Development said today. The number of permits issued and construction starts
CFPB Calculates 2015 Changes to HOEPA, QM Loan Thresholds
The Consumer Financial Protection Bureau (CFPB) has increased threshold amounts for loans governed by various trigger limits under Qualified Mortgages (QM) and Ability-to-Repay (ATR) Rules. Under Regulation Z of the Truth in Lending Act CFPB is required
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...