CNET, Oct. 30, 2024-Mike De SocioToo many homeowners have affordable mortgages that are worth keeping, which is a problem for the housing market. Besides high mortgage rates and steep home …
Category: Top National News
Could ‘Adult Dorms’ Save City Downtowns?
The Week US, Oct. 30, 2024-Joel MathisAmerican cities have two big problems these days: Too much empty office space and not enough affordable housing. There may be a solution.Click here …
New Home Sales Jump as Buyers Act on Lower Rates
Mortgage Professional America, Oct. 28, 2024–Candyd MendozaA surprising number of homebuyers signed contracts for newly built homes in September, with contract signings jumping 4.1% from August, government data showed.Click here …
Fannie Mae, Freddie Mac Gear Up For G-Fee Change
National Mortgage News, October 29, 2024–Bonnie Sinnock, Spencer LeeFannie Mae and Freddie Mac are taking a new approach to some guarantee-fee changes in coordination with their regulator. Click here for …
Election Season is In The Air at MBA Annual
HousingWire, October 29, 2024–Chris Clow If you didn’t know it before, you’re likely to be reminded every day between now and Nov. 5 that this is a close election for …
U.S. Housing Market is On The ‘Verge of a Vicious Cycle,’ Which is ‘Not Good for America,’ Lennar Mortgage Head Warns
Dow Jones/MarketWatch, Oct. 29, 2024–Aarthi SwaminathanPoliticians should ‘stop talking about affordability – and start delivering on affordability,’ Laura Escobar says. Escobar, president of Lennar Mortgage, spoke Monday at the annual …
Pilot Aims To Boost Borrowers With Student Debt
National Mortgage Professional, Oct. 28, 2024–Lew SichelmanA pair of technology innovators in the student loan field are at MBA Annual this week searching for a few lenders to participate in …
MBA Predicts Profitability, But With Challenges Ahead
National Mortgage News, October 28, 2024–Bonnie SinnockThings aren’t perfect in mortgage banking, but the industry has come a long way from where it was in 2023, according to members of …
Where Baby Boomers are Buying the Most Homes
Stacker, October 28, 2024–Jaclyn DeJohnSmartAsset examined 2023 mortgage data for 40 of the largest U.S. metro areas to determine where baby boomers are buying homes at the fastest rate relative …
New MBA Chair: “Education is Critical”
National Mortgage Professional, Oct. 28, 2024—Katie JensenThe Mortgage Bankers Association swore in a new Board of Directors during its 2024 Annual Convention & Expo over the weekend. Laura Escobar was …