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Home prices trend up despite little seller leverage

National Mortgage
Mortgage Finance
11 months ago

Home prices continue to rise across the country, despite the market tilting in favor buyers.The national median single-family existing-home price,.. Read More;

post

Loandepot touts growth trajectory after latest earnings loss

National Mortgage
Mortgage Finance
11 months ago

Loandepot leadership said the company has set the course for profitability but still ended up in the red at the,.. Read More;

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Bank of America, JPMorganChase execs report returns on AI

National Mortgage
Mortgage Finance
11 months ago

Key insight: Large banks are starting to see measurable returns on AI.Supporting data: BCG estimates AI could unlock over $370,.. Read More;

post

Fannie Mae updates credit score language in DU update

National Mortgage
Mortgage Finance
11 months ago

Fannie Mae announced updates to underwriting guidelines, including a change that removes mention of a long-standing minimum credit score benchmark. Instead,.. Read More;

post

Fed says banks are well managed even with a deficient rating

National Mortgage
Mortgage Finance
11 months ago

Kent Nishimura/Bloomberg Key Insight: The Fed says its revised supervisory framework reflects that large banks are well capitalized,,.. Read More;

post

UWM posts best production quarter in four years

National Mortgage
Mortgage Finance
11 months ago

UWM Holdings had its strongest production quarter since the pandemic-fueled 2021, beating its own guidance, taking advantage of a brief,.. Read More;

post

Mortgage rates bounce back up after month of drops

National Mortgage
Mortgage Finance
11 months ago

After a month of consecutive drops, mortgage rates ticked back up this week, following the 10-year Treasury.The 30-year fixed-rate mortgage,.. Read More;

post

Fed Gov. Barr says AI may cause 'dislocations' in labor force

National Mortgage
Mortgage Finance
11 months ago

Al Drago/Bloomberg Key insight: Federal Reserve Governor Michael Barr said the short-term impact of AI-related job cuts will,.. Read More;

post

Homebuilders bet on 1% mortgage rates to wake up U.S. buyers

National Mortgage
Mortgage Finance
11 months ago

With the average mortgage rate near 6%, US homebuyers are looking at the most affordable monthly payments in a year.,.. Read More;

post

Onity posts steady profit, sheds Rithm subservicing deal

National Mortgage
Mortgage Finance
11 months ago

Onity Group posted its best quarter for funded loan volume and shed a troublesome subservicing portfolio, in another steady quarterly,.. Read More;

post

As auto delinquencies rise, CFPB seeks to cut oversight

National Mortgage
Mortgage Finance
11 months ago

Key Insight: The Consumer Financial Protection Bureau's proposal comes as auto loan delinquencies are hitting their highest levels in decades. What's,.. Read More;

post

Mortgage market reacts to 4% base rate decision Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
11 months ago

,.. Read More;

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