Home Equity Lending News, December 31, 2024The final week of 2024 brought with it the year’s lowest average home-equity line-of-credit rates -— which have tumbled 176 basis points since the …
Category: Top National News
ARM Originations See Slight Rise in 3Q
Inside Mortgage Finance, December 26, 2024-James DohnertAn estimated $60.00 billion of ARMs were originated in the third quarter, a 1.7% increase from the previous three-month period.Click here for more (subscription)
Modest Increase in Home Equity Issuance Projected for 2025
Home Equity Lending News, December 27, 2024Moderately higher issuance of transactions containing closed-end second mortgages and home-equity lines-of-credit are forecasted for next year. Growth is also projected for securitizations of …
How the New Year Could Test Mortgage Servicers
National Mortgage News, December 31, 2024-Bonnie SinnockSome servicing risks will grow in 2025 if rates follow the path in consensus forecasts.Click here for more (subscription)
FHFA Data on Non-Performing Loan Sales Reflects Fewer Delinquencies Since Pandemic
HousingWire, Dec. 17, 2024-Chris ClowThe Federal Housing Finance Agency (FHFA) on Tuesday released an update about the sales of non-performing loans (NPLs) through the government-sponsored enterprises (GSEs), saying the data …
What 2025 Could Hold for the Housing Market
Axios, Dec. 23, 2024-Sami SparberHere’s what experts and industry pros predict is in store next year for mortgage rates, new builds, moves, and more.Click here for more
Is Your Home Flood Insurance Payment a Pain in Your Wallet? Relief Could be on the Way
Miami Herald, December 19, 2024-Lew SichelmanThe National Flood Insurance Program is working on allowing policyholders to pay their premiums on a monthly basis. Previously, premiums could only be paid annually. …
Insurance Crisis Could Spark Housing Market Crash Worse Than 2008: Report
Newsweek, Dec. 20, 2024-Giulia CarbonaroThe growing instability in the U.S. homeowners insurance markets could lead to a housing crash worse than the 2008 one unless policymakers act fast, warns the …
New Loan Options for Self-Employed with Stash of Cash
Orange County Register, Dec. 17, 2024-Jeff LazersonLast week, I went to the Originator Connect holiday party and conference in Irvine, Calif. It was a good opportunity to sniff out innovative …
Rising Inflation Unlikely To Derail December Fed Cut
National Mortgage Professional, Dec. 11, 2024-Ryan KingsleyOverall inflation rose 2.7% on an annual basis in November, matching consensus estimates, and marking the third consecutive month of accelerating prices after they …