Housing Market Update

Reports from ATTOM Data Solutions, Redfin, Zillow, RE/MAX and Ellie Mae.

Mortgage Applications Down in MBA Weekly Survey

Mortgage applications fell from one week earlier as key interest rates hovered just under 4 percent, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending December 13.

MBA, Trade Groups File Amici Brief on Constitutionality of CFPB Structure

The Mortgage Bankers Association, the National Association of Realtors and the National Association of Home Builders this week filed a neutral amici brief with the U.S. Supreme Court in a case that could determine the future structure of the Consumer Financial Protection Bureau.

Sanil Nadkarni: 3 Ways to Optimize Your Vendor Risk Management Program

Today’s financial institutions are faced with many challenges, chief among them reducing costs, improving efficiency and introducing innovation so they can be ahead of the curve. One path many prefer to take to meet these objectives is outsourcing, which has dramatically changed how businesses operate today.

Analysis: More Gen Zers Than Millennials Will Own Homes

Even as Millennials age into their prime home-buying years, they’re still not keeping up with past generations, said Zillow Inc., Seattle. Furthermore, the analysis said, Gen Z could end up overwhelming Millennials in homeownership competition.

Builder Confidence Ends Year to Highest Reading Since 1999

Builder confidence in the market for newly built single-family homes increased five points to 76 in December off an upwardly revised November reading to its highest reading since June 1999, the National Association of Home Builders reported yesterday.