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Assumable mortgages are having a moment. Will it last? -
Rep. Maxine Waters asks PNC, Wells to put bank branches in her district -
Federal Home Loan banks launch opposition to FHFA reforms -
FHFA must be transparent about its plans for the Home Loan banks -
Fed's Barr: New liquidity requirements might be needed to stem bank runs
- Sep 9-10, 2024|San Diego, CA
While rate-and-term refinance locks boomed, the rise in purchases also was telling as it was the first since the Fed started raising rates, Optimal Blue said.
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The government agency also finalized a rule that will bring virtual home buyer counseling services to consumers.
September 18
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The move signals the end of the Federal Reserve's battle against runaway inflation in the wake of the COVID-19 pandemic. Fed officials expressed divergent views on further action this year.
September 18
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The industry leader is the third wholesale competitor to allow larger mortgages months ahead of the government's official announcement.
September 18
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Fannie Mae's economists are pessimistic about the future for existing home sales, reducing its purchase volume outlook in both 2024 and 2025.
September 18
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Refinance activity is up 127% year-over-year as interest rates dipped closer to 6%.
September 18
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
These are the best of the best, the nation's 50 most productive mortgage originators by dollar volume.
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While consumers still see a low chance of a recession in the next year, there was a "slight uptick" in the share that believes the economy is already in a downturn.
September 24
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Home-price gains in the U.S. slowed in July as still-high mortgage rates kept would-be buyers on the sidelines while inventory piled up.
September 24
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After persisting for as long as two years in the U.S., the so-called inversion in yield curves — an unusual situation where rates on short-term debt exceed those of their longer-term counterparts — is unwinding in many parts of the world.
September 24
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Residential markets are set to gain momentum again with prices rising over the next few quarters as rising rents in cities support demand, according to Holzhey.
September 24
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The Dallas-based nonbank lender has toned down its mortgage servicing rights activity amid numerous legal battles over alleged violations, but stands to gain much with $1.4 billion Flagstar deal.
September 24
