MPA, Dec. 16, 2024-Candyd MendozaThe outlook for U.S. nonbank mortgage companies in 2025 is looking brighter, according to Fitch Ratings. Lower interest rates, increased mortgage origination volumes, and stronger gain-on-sale …
Category: Top National News
Prepare for a Wild Ride in 2025, Fannie Mae Warns
National Mortgage News, Dec. 16, 2024-Brad FinkelsteinMortgage rate unpredictability will be the driving factor for the market in 2025, likely leading to short bursts of refinance activity as the industry …
MBA Floats Idea for New Ginnie Mae Mortgage Securitization Product
HousingWire, Dec. 12, 2024-Chris ClowThe Mortgage Bankers Association (MBA) on Thursday published a proposal for Ginnie Mae to develop a new mortgage securitization product. The association said it would boost …
Economists’ 2025 Housing Market Forecasts Largely Call for Mortgage Rates to Stay Above 6% Next Year
Associated Press, Dec. 13, 2024-Alex VeigaHome shoppers hoping for more attractive mortgage rates next year may be disappointed.Click here for more
Top 10 Housing Markets for 2025 Revealed: NAR
MPA, Dec. 13, 2024-Candyd MendozaThe National Association of Realtors has unveiled its top 10 housing markets to watch in 2025, predicting strong performances across these regions.Click here for more
Homebuying Demand Nears Spring Levels as Mortgage Rates Ease
MPA, Dec. 13, 2024-Candyd MendozaHomebuying demand is approaching its highest levels since early spring as mortgage rates retreat from a four-month peak, according to Redfin’s latest report.Click here for more
Servicing Outstanding Grows in 3Q With Push From FHA/VA
Inside Mortgage Finance, Dec. 12, 2024-Brandon IveyThe volume of servicing outstanding increased again in the third quarter of 2024, helped by government-insured loans, according to a new ranking and analysis …
New Type of Ginnie Mae MBS Proposed by Mortgage Bankers
National Mortgage News, December 12, 2024-Bonnie SinnockThe Mortgage Bankers Association is proposing a new type of securitization it considers a viable way to address a key concern for nonbanks who …
Homebuyers Get Relief as Rates Fall, but a Rebound Looms
National Mortgage News, Dec. 12, 2024-Brad FinkelsteinMortgage rates declined this past week, for the third consecutive period, but those could turn around shortly based on recent movements in the benchmark …
Florida Homeowners in Risk Zones to Get Help Elevating Homes
Newsweek, Dec. 12, 2024-Alia ShoaibFlorida plans to launch a program that will help homeowners in risk zones elevate their homes above flood levels.Click here for more