The Mortgage Pages
The Mortgage Pages gives a high-level, yet detailed view of the current conditions of the mortgage and housing markets. Much of the content is based upon our proprietary aggregate and lender-specific mortgage loan default and foreclosure data. This service captures the important current and future market events — always tells the story within the story — and zeroes in on the market-moving aspects of the relentless news flow. Delivered via email a minimum of twice per week or more as conditions warrant.
Recent Published Research
6-12 The Next Foreclosure Wave is Here – What to Look out For in the Near-Term
6-10 CA May Foreclosure Drill-down – The Numbers Beneath the Numbers
6-8 Real-time Mortgage Rate Update – Chaos
6-7 It’s You Move Ben – the Next ‘Shock and Awe’
6-5 Current Negative-Equity Figures at the Foreclosure Stage — Average CA Foreclosure is more than 50% Underwater
6-4 The Age of Real Estate False Bottoms
6-3 Pending, Shmending — Pending Home Sales a Bad Gauge of Future Total Sales
6-2 Foreclosure Surge at Some Servicers in May
5-29 After the Rate Spike — Mortgage Operations Turmoil…Kick out the Dead Loans
- GSE Jumbo Loans Blown Out
- Levering Up on Bubble-Year’s Favorites — 3/1 & 5/1 Hybrid Intermediate-term Interest Only ARMs
5-28 Mortgage Rate Spike – It IS as Bad as You Can Imagine on Several Front
5-27 Jumbo Existing Home Sales — Infinite Supply
5-26 Gridlock: CA Organic House Sales — No Increase in 18-months
- Total Sales vs Foreclosure Supply – Heavily Imbalanced with Infinite Supply
- April CA Home Sales Forecast — Home Sales Much Weaker than Most Think
- CA Organic Sales down 60% to 75% from 2006
- CA House Sales at a Point of Maximum Demand
5-22 REO and Foreclosure Investor Update
- CA Courthouse Foreclosure Sales Jump as Prices Drop & Listed Foreclosure Supply Temporarily Runs Low
- In the Eye of the Storm, Real Estate Investing has become Very Hazardous
- REO Discounts to 45% from Present Value in CA
- Bulk REO Investing Made Easy — the Next Generation in Buying REO
5-20 Shadow Inventory & Supply — Dwarfs Listed Supply and Sales Demand
- Three Forms of Shadow Inventory
- Waves & Foreclosure Black Holes
- Granular Mid-to-High End Housing Look
5-18 Tracking Real-time Bank Foreclosures and Subsequent Losses
5-15 Wells Fargo/Wachovia Present & Future Loan Origination and Foreclosure Performance
- Chase — Cranking out the CA Foreclosures
- IndyMac – Something Strange is Happening
5-13 Fixed Mortgage Rates are Rising Fast – Volume Falling
- No-Point, No-Cost Loans are Back – Will Help to Cushion Interest Rate Demand Destruction
- Bringing Back a Bubble-Years High-Leverage Interest Only Favorite
- Granular Look at Today’s 30-year Rates from Two Large Lenders
- Fed Losing Control of the Curve
5-10 April Foreclosure Action — Preview of Market-Moving Headlines This Week
- Potential False Bottom as Servicers Game the System in March
- Nearly Half of the Decrease in April NOD’s was caused by Chase Gaming the System
5-9 Mortgage-Mod Recidivism Update — We Can’t Modify Our Way Out of This
- Loan Mod Re-Default Rates at 80% at Countrywide and WaMu
- Large Bank Origination Default & Foreclosure Performance
- Real-time Large Servicer Action
5-7 Billions in Second Mortgages Evaporating Monthly — Especially at the Large Banks
5-5 On the Resi Side — Banks are Still Not Lending
5-3 2007 vs 08 vs 09 New Loan Defaults across Originator Banks & Lenders
- Mortgage Applications Update
- Zillow Negative Equity Numbers are Far too Low
5-1 Obama Refi’s & Mods and to come up Short
5-1 Housing Bottom Update – Beneath the Headlines and Case-Shiller
- Case-Shiller May Tumble as Median/Average House Prices Rise
- Jumbo ‘Foreclosure-Related’ Supply Alone Outstrips Demand by 100%
- Average Present Value of Foreclosed Properties Rising
- Analyzing the Mix-Shift