National Mortgage Professional, Mar. 8, 2022–David KrechevskyHomeLight’s 2022 Buyer and Seller Insights Report indicates that over 70% of recent buyers have at least one regret over a recent homebuying decision.https://nationalmortgageprofessional.com/news/homebuyer-anxiety-reaches-new-levels-2022
Category: Top National News
A Major Layoff in the Works at Better.com
Inside Mortgage Finance, Mar. 8, 2022–Paul MuoloBetter.com, the troubled mortgage fintech that had designs on becoming a public company, is on the verge of announcing a major layoff that could …
Fed Still Likely to Raise Interest Rates Despite Strong February Jobs Report
Mortgage Professional America, March 7, 2022–Candyd MendozaMore Americans returned to the labor market in February, beating economic forecasts despite the market volatility stemming from the situation in Ukraine. (MBA mention)https://www.mpamag.com/us/mortgage-industry/guides/fed-still-likely-to-raise-interest-rates-despite-strong-february-jobs-report/397564
Fast Pace of Real Estate M&A Activity Seen Cooling This Year
Wall Street Journal, March 7, 2022–Kate King (subscription)Publicly traded real estate investors in the U.S. enjoyed a record-breaking year for mergers in 2021, but the war in Ukraine and soaring …
What Home Prices Will Look Like in 2023, According to Fannie Mae
Fortune magazine, March 7, 2022–Lance LambertFannie Mae just became the latest real estate firm to shift up its 2022 forecast. Last year, Fannie Mae predicted that the median existing home …
ATG to Merge with Guaranteed Rate
HousingWire, Mar. 7, 2022–Brooklee HanIllinois-based title insurance underwriter Attorneys’ Title Guaranty Fund has entered into an agreement to merge with mortgage lender Guaranteed Rate. ATG president and CEO Peter Birnbaum …
Will Inflation Fall? Any Pullback Depends on These Sectors
Wall Street Journal, Mar. 7, 2022–Gwynn Guilford, Peter Santilli (subscription)Factors affecting cars, rent, energy and other categories play roles in determining if a drop will occur.https://www.wsj.com/articles/will-inflation-fall-any-pullback-depends-on-these-sectors-11646649003?mod=hp_lead_pos5
Fed Still Likely to Raise Interest Rates Despite Strong February Jobs Report
Mortgage Professional America, Mar. 7, 2022–Candyd MendozaThe February jobs report is likely not enough to postpone the Federal Reserve’s plans to increase interest rates at its upcoming March meeting, according …
A Nice Bounce Back for Expanded-Credit Lending in 2021
Inside Mortgage Finance, Mar. 7, 2022–Brandon IveyOriginations of expanded-credit mortgages increased significantly in 2021, indicating that the financial impact of the coronavirus pandemic is now firmly in the rearview mirror.https://www.insidemortgagefinance.com/articles/223971-a-nice-bounce-back-for-expanded-credit-lending-in-2021?v=preview
Judge Strikes Down Oregon Love Letter Ban
HousingWire, Mar. 4, 2022–Matthew BlakeMarco Hernandez, a federal judge based in Oregon, ruled that the new law violates the free speech rights of real estate agents. In a highly nuanced, …