Category: Top National News

Inside Mortgage Finance, Sept. 11, 2023–John Bancroft (subscription)The half-hearted rally in the agency single-family market enjoyed during the second quarter of 2023 appears to be fading as autumn beckons.https://www.insidemortgagefinance.com/articles/228860-agency-mbs-issuance-begins-to-fizzle?

Inside Mortgage Finance, Sept. 5, 2023–John Bancroft (subscription)Income tied to mortgage servicing increased significantly in the second quarter of 2023, according to a new analysis by Inside Mortgage Trends.https://www.insidemortgagefinance.com/articles/228798-servicing-earnings-jump-in-second-quarter?

Axios, Sept. 7, 2023-Emily PeckWith interest rates so high, Americans are far less inclined to tap into their home equity this year via cash-out refinances or home equity loans.https://www.axios.com/2023/09/07/equity-loan-home-value-high-interest-mortgages-refinancing

Orange County Register, Sept. 7, 2023–Jeff LazersonMortgage delinquencies are low, but that doesn’t mean some homeowners aren’t struggling to pay bills amid rising costs elsewhere in the family budget.https://www.ocregister.com/2023/09/07/tips-for-inflation-bitten-budgets-to-conquer-mortgage-payment-struggles/

DS News, Sept. 1, 2023–Eric C. PeckThis coming week, the U.S. Senate Committee on Banking, Housing, and Urban Affairs will present a hybrid hearing titled, “Perspectives on Challenges in the …

Inside Mortgage Finance, Sept. 1, 2023–Brandon Ivey (subscription)FHA single-family endorsements and VA home loan guaranty volume increased from the first quarter to the second quarter of this year, according to …

HousingWire, August 29, 2023–Bill ConroyConcern is mounting among housing-industry experts that loan-repurchase rates in upcoming quarters are likely to continue to trend upward for independent mortgage banks (IMBs), well above …

HousingWire, Aug. 31, 2023–Chris ClowA Federal Reserve plan to make low-downpayment loans more expensive for banks could negatively impact the Biden administration’s efforts to combat housing inequality, experts told Politico.https://www.housingwire.com/articles/new-mortgage-rule-could-harm-efforts-to-close-racial-homeownership-gap/

CommercialSearch, Aug. 30, 2023–Fotios TsarouhisIn the office market, obtaining backing for new office builds and lining up acquisition financing for M&A deals will prove tough in this environment. But refinancing …

GlobeSt.com, Aug. 31, 2023–Erik Sherman (subscription)Many in CRE have either wondered when the distressed fire sales would come up for grabs or thought that distress won’t appear in a big …