Kelly writes in: For the first time in my life, I have a daily commute to work. I drive about 45 minutes each way to work each day of the week. According to my math, I’m going to be spending … Read More

In the most recent FOMC statement, the Fed removed all references to residential housing. This was in recognition that the housing sector is not as strong as it appeared in November or December. This makes the FOMC Minutes a little … Read More

Cherry Creek Mortgage captures first place among all FHA mortgage originators in Colorado for 2009. Cherry Creek, previously ranked third in FHA originations, edged out a lead over Wells Fargo Mortgage. The data table below shows the FHA mortgage lending … Read More

From the Fed: Industrial production and Capacity Utilization Industrial production increased 0.9 percent in January following a gain of 0.7 percent in December. Manufacturing production rose 1.0 percent in January, with increases for most of its major components, while the … Read More

For the last year and a half, I’ve used Skype for my business phone – through book edits and interviews and so on, it was used daily (if not more often). During that time, I’d been making calls using my … Read More

The MBA reports: Mortgage Applications Decrease in Latest MBA Weekly Survey The Market Composite Index, a measure of mortgage loan application volume, decreased 2.1 percent on a seasonally adjusted basis from one week earlier. … The Refinance Index decreased 1.2 … Read More

Note: this data is not seasonally adjusted. There is a very distinct seasonal pattern for imports, but not for exports. LA area ports handle about 40% of the nation’s container port traffic. Sometimes port traffic gives us an early hint … Read More

. MDA DataQuick reported that lenders seized 662 Orange County homes in January, down 20.7% from the same month a year earlier. Orange County foreclosures have been vacillating between 500 and 800 a month for the past year, with an … Read More

From TransUnion: TransUnion Finds National Mortgage Delinquencies Jumped 10.24 Percent at End of 2009 (ht jb) TransUnion’s quarterly analysis of trends in the mortgage industry found that mortgage loan delinquency (the ratio of borrowers 60 or more days past due) … Read More

From Diana Olick at CNBC: What Mortgage Modifications Say About the Housing Market Treasury officials today said they are still concerned about a coming wave of foreclosures, many from pay option ARMs and many from the prime jumbo basket, particularly … Read More