Business Insider, Dec. 14, 2023-Jennifer SorThe housing market could see a wave of much-needed inventory in the coming years, thanks to as many as 24 million homes entering prime age …
Category: Top National News
Subservicing Volume Down Slightly in Third Quarter
Inside Mortgage Finance, Dec. 14, 2023–Paul MuoloSubservicing balances declined by 1.2% during the third quarter of 2023, hitting $4.14 trillion as of the end of September, according to a new …
Eyes on the Horizon
MortgagePoint magazine, Dec. 13, 2023–Eric C. PeckAs we get set to enter a new year, MortgagePoint took the opportunity to poll several industry execs from across the mortgage finance spectrum—from …
MBA, NMSA Suggest Fixes to FHA’s Proposed Loss Mitigation Option
HousingWire, December 13, 2023–Chris ClowThe Mortgage Bankers Association (MBA) and the National Mortgage Servicing Association (NMSA) are expressing their views on a recently revised Federal Housing Administration (FHA) loss mitigation …
So Much Empty Office Space, So Few Easy Options
The Wall Street Journal, Dec. 13, 2023-Dylan BurzinskiThe Covid-19 pandemic may be largely in the rearview mirror, but there is at least one area of the economy that remains ill: …
Proposed HUD Rule for Housing Counseling Likely to Proceed
National Mortgage News, Dec. 13, 2023-Bonnie SinnockA Department of Housing and Urban Development proposal that would update policies around housing counseling that’s required for some originations is approaching a deadline …
DataDigest: Breaking Down Housing Economists’ 2024 Forecasts
HousingWire, Dec. 13, 2023-Will Robinson and Sarah MarxDAs 2023 draws to a close, housing professionals hope for relief from the high mortgage rates, terrible inventory levels and slow sales that …
Mortgage Application Volumes Rise for Sixth Straight Week
National Mortgage News, Dec. 13, 2023-Spencer LeeRefinances, especially in the government-sponsored loan market, surged again to help drive application volumes up for a sixth straight week, according to the Mortgage …
Mortgage Refinance Demand Jumps 19% After Rates Hit Lowest Level Since July
CNBC, Dec. 13, 2023-Diana OlickHomeowners looking to refinance are finding savings after mortgage rates dropped again last week.Click here for more
Are Mortgage Servicers Holding Back Assumption Volume?
National Mortgage News, December 12, 2023–Kyle CampbellSome say assumability, transferring a mortgage from one homeowner to the next, might be the key to unlocking parts of the stagnant U.S. housing …