National Mortgage News, Jan. 23, 2025-Brad FinkelsteinMortgage rates slipped back below 7% this week as the 10-year Treasury yield declined for most of the period, Freddie Mac found. But in …
Category: Top National News
Nonbank Share of GSE Servicing Up Again in 4Q
Inside Mortgage Finance, January 23, 2025-Dennis HollierNonbanks handled 60.1% of the $6.56 trillion of GSE single-family servicing as of the end of 2024.Click here for more (subscription)
Home Equity Products Outperforming Other Sectors
Home Equity Lending News, January 22, 2025Although the early-stage delinquency rate on home-equity lines of credit and closed-end second mortgages included in residential mortgage-backed securities ticked up in the final …
Mortgage Applications Subdued as Rates Climb
National Mortgage Professional, Jan 22, 2025-Ryan KingsleyMortgage applications barely budged from last week as mortgage rates remained near — and are expected to remain near — the “psychological level” of …
Trump’s Path to Lower Housing Costs has to Navigate Local Concerns
HousingWire, January 21, 2025-Brooklee HanPresident Trump has made it clear that he wants to address housing challenges, including the lack of housing supply and rising prices. In an executive order …
Remembering John Weicher
PD&R Edge magazine, Jan. 21, 2025-Kurt Usowski, Todd RichardsonOn December 12, HUD and the Office of Policy Development and Research (PD&R) lost one of the pillars of the department: Dr. …
HUD Updates FHA Loss Mitigation Waterfall to Give Mortgage Servicers More Options
MortgageOrb, January 21, 2025-Chaz WagnerThe U.S. Department of Housing and Urban Development (HUD) has updated the Federal Housing Administration’s (FHA) loss mitigation waterfall, giving mortgage servicers more options to help …
Fed To Wait Until March For Next Interest Rate Cut, Maybe Longer
Forbes, Jan 21, 2025-Simon MooreThere is little chance that the Federal Open Market Committee will cut interest rates on January 29.Click here for more
Mortgage Rates Aren’t Likely to Fall Any Time Soon — Here’s Why
CNBC, Jan. 21 2025-Greg IacurciRates on a 30-year fixed mortgage rose above 7% in the week ended Jan. 16, according to Freddie Mac data.Mortgage rates were below 3% as recently …
Gov. Gavin Newsom Announces Mortgage Relief Commitments from Major Lenders to Help Wildfire Survivors
CBS News, Jan. 19, 2025-Chelsea HyltonCalifornia Gov. Gavin Newsom announced commitments from five major financial institutions that will offer mortgage relief for property owners affected by the Los Angeles area …