Market Studies

The best U.S. cities for watching home price inflation appear to be concentrated along the West Coast. In what markets are prices at an all-time high?

One reason for the turnaround in complaints could be that Ocwen is addressing the issues that the monitor pointed out.

Despite the booming popularity of the single-family rental market, the share of homes being built specifically for rental purposes is still just a small piece of the housing market.

The housing crisis resulted in heightened regulatory oversight by various government agencies, including the CFPB. How has the increased oversight changed the landscape of mortgage servicing?

Delinquency trends for housing were positive, with foreclosures hitting a new low in the 17 years the New York Fed has been reporting the data.

The riskiness of agency purchase loans has increased year-over-year every month since January 2014. What is driving the constant rise in risk?

October’s increases for the mortgage default rates followed a September which showed declines of eight basis points (down to 0.76 percent) for the first mortgage default rate and 10 basis points (down to 0.47 percent) for the second mortgage default rate.

In 2014, mortgage debt was the third-highest form of debt among consumers, with 28 percent holding some form of housing-related debt, the report showed. The highest percentage of consumers have mortgage debt in their late 30s through their early 60s. For borrowers with mortgages, debt balances averaged $160,000 in 2014, up from $150,000 in 2010.

The percentage of “new” severe delinquent residential mortgages reported for September 2015—that is, the number of severely delinquent loans that were current six months ago—was the lowest of any September since 2009, according to Black Knight Financial Services.

“These are big numbers that demand our attention,” said Nuno Mota, an economist at Fannie Mae. “However, considering that there are a number of affordability metrics currently used throughout the industry, are these numbers providing the most accurate view of the overall affordability picture, or are we only getting a partial view?”