HousingWire, Mar. 11, 2022–James KleimannDespite significant market volatility, nonbank lender Impac Mortgage Holdings appears to be long on non-QM. The California-based company reported non-QM originations of $382.1 million in the …
Category: Top National News
Guild Looks for Acquisitions, as Profits Come in Lower
National Mortgage News, Mar. 11, 2022–Spencer Lee (subscription)Slowing originations and slimmer margins pushed down profits at the parent company of Guild Mortgage in the fourth quarter, but its servicing segment’s …
Money Talks: What Lenders Said at MBA CREF
Commercial Property Executive, Mar. 11, 2022–Therese FitzgeraldThis year’s annual Mortgage Bankers Association Commercial Real Estate Finance conference offered optimistic views on the year ahead for commercial real estate finance.https://www.commercialsearch.com/news/money-talks-what-lenders-said-at-mba-cref/
PE Firm Hungry to Consolidate Fix-and-Flip Lenders
Inside Mortgage Finance, Mar. 11, 2022–Paul MuoloRice Park Capital Management is a busy beaver these days, raising millions of dollars in capital and bidding on mortgage servicing packages as well …
February Mortgage Credit Availability Increases by 1%, MBA Observes
MortgageOrb, Mar. 11, 2022–Ariana FineMortgage credit availability increased by 1% in February according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association.https://mortgageorb.com/february-mortgage-credit-availability-increases-by-1-mba-observes
Opinion: Affordable Lending Requires Creative Thinking
HousingWire, Mar. 11, 2022–Roland WeedonThe author, President and CEO of Essex Mortgage, says “owning a house with the white picket fence may be a key part of the American dream, …
18.9M Americans Plan To Move Due To Remote Work
National Mortgage Professional, Mar. 11, 2022–Katie JensenA survey of 23,000 people found that, across the country, homeowners see a life in which the location of their job and where they …
Gen Z and Millennials are Skipping Rent and Mortgages to Pay off Medical Debt
Business Insider, Mar. 11, 2022–Jason LalljeeMedical debt is getting in the way of young people paying rent or making their mortgage. That’s what a new survey on medical debt from …
‘We’re Facing A Housing Crisis,’ Experts Say. What Homebuyers Can Do About It
Forbes, Mar. 11, 2022–Natalie Campisi, Rachel WitkowskiThe average loan size of a mortgage reached a record-high of $451,000, according to the Mortgage Bankers Association.https://www.forbes.com/advisor/mortgages/housing-crisis-tips/
HUD Will Get $65.7 Billion Spending Budget in 2022 Omnibus Bill
Mortgage Professional America, Mar. 11, 2022–Candyd MendozaMBA was especially pleased to see the requirement of HUD to report on efforts to resolve delays in the FHA multifamily pipeline funding, language …