Last Year’s Non-QM Securitizations Have Higher Delinquency Rates

National Mortgage News, January 25, 2024–Brad FinkelsteinLast year’s vintage of non-qualified mortgage-backed securities is resulting in higher delinquencies than those produced in 2022 due to weaker collateral and underwriting attributes, …

Analysts React to Positive Economic Reports

MPA, Jan. 26, 2024-Tony CantuMarket analysts reacted to a pair of reports released Thursday that bode well for the housing industry – giving rise to a scenario featuring lowered mortgage …

Citizens Has Most Home Equity Investment Growth

Home Equity Lending News, January 23, 2024Citizens Bank added $1 billion in assets to its U.S. home-equity investment portfolio last year — more than any other bank. But the robust …

Americans Race to Refinance Mortgages as Rates Fall

Newsweek, Jan. 17, 2024-Omar MohammedHomeowners are jumping to refinance their home loans in the hope of finding savings on their mortgages amid falling rates that have declined from their two-decade …

Americans Are Buying Homes With Friends

Newsweek, Jan. 18, 2024-Alexander FabinoIn 2012, Kristina Modares, a young professional making $35,000 a year, was living in a rented old house in downtown Austin, Texas, with four friends. Click here for …

Home Equity Yields at Banks Higher than Credit Unions

Home Equity Lending News, Jan. 19, 2024When it comes to home-equity assets, yields on bank-owned loans are around 6 basis points higher than on loans held by credit unions. But …