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Posted To:

Although yields have risen modestly over the past 3 trading session, they've done so from the best levels in more than 7 months. If we take a few steps back from the narrow time frame that we watch from day-to-day and think about the broader recent context, the 2.23-2.25% range of the past few days looks pretty good. After all, we'd been tracking a range of 2.3-2.6, give or take, for most of 2017, and have discussed on several recent occasions that it could take some ti...

Posted To:

Although yields have risen modestly over the past 3 trading session, they've done so from the best levels in more than 7 months. If we take a few steps back from the narrow time frame that we watch from day-to-day and think about the broader recent context, the 2.23-2.25% range of the past few days looks pretty good. After all, we'd been tracking a range of 2.3-2.6, give or take, for most of 2017, and have discussed on several recent occasions that it could take some ti...

Posted To:

Although yields have risen modestly over the past 3 trading session, they've done so from the best levels in more than 7 months. If we take a few steps back from the narrow time frame that we watch from day-to-day and think about the broader recent context, the 2.23-2.25% range of the past few days looks pretty good. After all, we'd been tracking a range of 2.3-2.6, give or take, for most of 2017, and have discussed on several recent occasions that it could take some ti...

Posted To:

I do my best to group updates to create a narrative that is more "user friendly" than to just throw news out there. But some updates don't fit into convenient groups, like "FHA & VA," or "CFPB-related policy changes" that lenders implement. So periodically I throw a bunch out there to give readers a sense of miscellaneous trends and developments that might be of use regarding TRID, eNotes, documentation, whatever. Citibank has reviewed and updated its group of TILA / RESPA ...

Posted To:

I do my best to group updates to create a narrative that is more "user friendly" than to just throw news out there. But some updates don't fit into convenient groups, like "FHA & VA," or "CFPB-related policy changes" that lenders implement. So periodically I throw a bunch out there to give readers a sense of miscellaneous trends and developments that might be of use regarding TRID, eNotes, documentation, whatever. Citibank has reviewed and updated its group of TILA / RESPA ...

Posted To:

I do my best to group updates to create a narrative that is more "user friendly" than to just throw news out there. But some updates don't fit into convenient groups, like "FHA & VA," or "CFPB-related policy changes" that lenders implement. So periodically I throw a bunch out there to give readers a sense of miscellaneous trends and developments that might be of use regarding TRID, eNotes, documentation, whatever. Citibank has reviewed and updated its group of TILA / RESPA ...

Posted To:

Sales of newly constructed homes lost momentum in April, reversing three straight months of gains. The Census Bureau and the Department of Housing and Urban Development said sales were down 11.4 percent from March to a seasonally adjusted annual rate of 569,000, and barely eked out an 0.5 percent gain from the April 2016 estimate of 566,000 units. There was one positive note. Sales in March were revised upward significantly; from 621,000 to 642,000. The pushed March ahead of la...

Posted To:

Sales of newly constructed homes lost momentum in April, reversing three straight months of gains. The Census Bureau and the Department of Housing and Urban Development said sales were down 11.4 percent from March to a seasonally adjusted annual rate of 569,000, and barely eked out an 0.5 percent gain from the April 2016 estimate of 566,000 units. There was one positive note. Sales in March were revised upward significantly; from 621,000 to 642,000. The pushed March ahead of la...

Posted To:

Sales of newly constructed homes lost momentum in April, reversing three straight months of gains. The Census Bureau and the Department of Housing and Urban Development said sales were down 11.4 percent from March to a seasonally adjusted annual rate of 569,000, and barely eked out an 0.5 percent gain from the April 2016 estimate of 566,000 units. There was one positive note. Sales in March were revised upward significantly; from 621,000 to 642,000. The pushed March ahead of la...

Posted To:

Ask anyone house hunting this spring, and they'll tell you there are far too few homes for sale. But, really, it's the price tags of the homes for sale that are the issue. It seems like a very simple fix. Not enough homes? Build more. Builders are doing that, but they're not building the right kind of homes. Builders say they are now targeting the millennial buyer — launching new, slightly lower-priced brands and stripping down the models — but clearly, it's not eno...