UExpress, Jan. 11, 2022–Lew SichelmanWith loan costs rising to their highest levels in more than two years, time may have run out on many homeowners thinking about refinancing. But some …
Category: Top National News
ReverseVision Acquired by Constellation Software
HousingWire, Feb. 10, 2022–Chris ClowConstellation acquired forward LOS Mortgage Builder in 2019.https://www.housingwire.com/articles/reversevision-acquired-by-constellation-software/
Senators Spar Over Who is to Blame for the Pricey Housing Market
National Mortgage News, Feb. 10, 2022–Andrew Martinez (subscription)Democrats cited the increasing share of home purchases by Wall Street firms while Republicans pointed to rising conforming loan limits and other measures …
‘No Credit Report, No Job’ is 2022’s Exotic Mortgage Winner
Orange County Register, Feb. 10, 2022–Jeff LazersonConventional mortgage refinancing volume has fallen off a cliff as rates are more than a full point higher than the all-time Freddie Mac low …
Zillow’s Next Steps Eyed After $35 Billion Market-Value Wipeout
Bloomberg, Feb. 10, 2022–Patrick Clark, Noah BuhayarZillow Group Inc. was flying high last February, when the red-hot U.S. housing market helped push its share price north of $200 and a …
Get Ready for a Huge Mortgage Hike Next Month
Mortgage Professional America, Feb. 10, 2022–Ryan SmithThe inflation numbers have led financial markets to price in a higher chance that the Federal Reserve will hike rates by 0.5 percentage points …
In Wake of Scandal, LOs Say Continuing Education Programs Get Failing Grades
HousingWire, Feb. 10, 2022–Maria VolkovaA 26-state federal investigation that penalized 400-plus LOs for effectively cutting class raises questions about the effectiveness of the continuing education programs.https://www.housingwire.com/articles/in-wake-of-scandal-los-say-continuing-education-programs-get-failing-grade%ef%bf%bc/
Multifamily Financing Outlook Positive Despite Volatility, Interest Rates
France Media, Feb. 10, 2022While the final numbers haven’t been released yet, the Mortgage Bankers Association projected the market would originate $578 billion of loans backed by commercial real estate …
Mortgage Rates Reach Highs Not Seen in More than Two Years
Washington Post, Feb. 10, 2022–Kathy OrtonLast week’s strong employment report caused mortgage rates to return to pre-pandemic highs. (MBA mention)https://www.washingtonpost.com/business/2022/02/10/mortgage-rates-reach-highs-not-seen-more-than-two-years/
Why Do So Few People Buy Affordable Properties at Auction?
Urban Institute, Feb. 8, 2022–Jung Hyun Choi, Laurie Goodman, Liam ReynoldsThis report offers an analysis of auction sales in 2019 and 2020, and it includes a set of policy options …
