Industry personnel news from Livegage, Sagent, Insellerate, First American Title Insurance Co., Certainty Home Lending and Planet Home Lending.
Category: News and Trends
MBA: Multifamily Lending Increased 17% to $289B in 2024
In 2024, 2,463 different multifamily lenders originated $288.7 billion in new mortgages for multifamily properties with five or more units, according to MBA’s annual report on the multifamily lending market.
Affordability’s Slow Comeback
For prospective buyers who have been waiting on the sidelines, the housing market is finally starting to listen, First American Chief Economist Mark Fleming writes.
Disaster Recovery: A Resource for Homeowners from MBA
MBA’s Disaster Recovery: A Resource for Homeowners outlines what homeowners can do before and after a disaster, along with how to start and work through the recovery process.
ATTOM Reports U.S. Mortgage Originations Up 19% in Q2
ATTOM calculated that 1.76 million mortgages secured by residential property were issued in the second quarter, a 19.4% increase from the prior quarter.
TransUnion Finds Correlation Between PTI Ratios, Mortgage Delinquencies
TransUnion, Chicago, released a new analysis finding a correlation between rising payment-to-income ratios and rising mortgage delinquencies.
Dealmaker: Peachtree Group Closes $177M CPACE Loan for Renovated Las Vegas Hotel
Peachtree Group, Atlanta, originated the largest credit transaction in its history, closing a $176.5 million retroactive Commercial Property Assessed Clean Energy loan for the Dreamscape Cos. Rio Hotel & Casino.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 1.2% from one week earlier, according to MBA’s Weekly Mortgage Applications Survey for the week ending Aug. 29.
National Housing Conference Report: Middle-Class Americans Priced Out
Middle-class Americans now face a housing affordability crisis once reserved for low-income families, according to a new report from the National Housing Conference.
Redfin: Seasonal Towns Stagnating
Redfin, Seattle, released a new report finding that the number of homes sold in seasonal towns fell 3% year-over-year, compared with a 1% decline in non-seasonal towns.