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Monthly mortgage payment average inches up as economic uncertainty brews

National Mortgage
Mortgage Finance
2 years ago

The combination of elevated mortgage rates and low housing inventory is making homeownership more unaffordable for borrowers.Housing costs grew to,.. Read More;

post

Citi sees homebuilding investors tuning out through year-end

National Mortgage
Mortgage Finance
2 years ago

While mortgage rates of more than 7% continue to pressure homebuilding stocks, the recent slump in the group's performance is,.. Read More;

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RE/MAX settles broker fee suits for $55 million

National Mortgage
Mortgage Finance
2 years ago

RE/MAX will make changes to its business practices as part of a pending eight-figure settlement to end legal challenges to,.. Read More;

post

Homebuilder sentiment drops to five-month low on higher rates

National Mortgage
Mortgage Finance
2 years ago

U.S. homebuilder sentiment fell to a five-month low in September as higher mortgage rates continued to push many prospective buyers,.. Read More;

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Pennymac REIT may fund asset acquisitions with new notes

National Mortgage
Mortgage Finance
2 years ago

PennyMac Mortgage Investment Trust on Monday announced that it's planning a public offering of notes that could be used for,.. Read More;

post

Meet the 2023 Women in Insurance Leadership honorees

National Mortgage
Mortgage Finance
2 years ago

Digital Insurance's leadership program recognizes the women leading the insurance industry's transformation.,.. Read More;

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Participation in office loan trips up New Jersey bank

National Mortgage
Mortgage Finance
2 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. OceanFirst headquarters in New Jersey.,.. Read More;

post

Homes were overvalued in 82% of U.S. metro areas in 1Q: Fitch

National Mortgage
Mortgage Finance
2 years ago

Houses were overvalued in 82% of U.S. metropolitan statistical areas in the first quarter, but that is actually down from,.. Read More;

post

New Empower owner rebrands business as Dark Matter

National Mortgage
Mortgage Finance
2 years ago

Even though the Empower LOS was the second most-used origination platform in the mortgage business, it was commonly seen as,.. Read More;

post

Homebuyers cancel purchases at highest rate in 10 months

National Mortgage
Mortgage Finance
2 years ago

Home purchases across the U.S. are getting canceled at the highest rate in almost a year as rising borrowing costs,.. Read More;

post

How a purchase market impacts the origination of small-dollar loans

National Mortgage
Mortgage Finance
2 years ago

Small-balance loans often fall to the bottom of the stack, as they are deemed less profitable by mortgage lenders. But,.. Read More;

post

Social Security will get an above-average COLA next year, experts predict

National Mortgage
Mortgage Finance
2 years ago

A leading advocacy group for retirees is predicting an above-average boost to Social Security next year — but it still,.. Read More;

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