HousingWire, Sept. 12, 2023–Joe Camerieri (subscription)These current mortgage markets are what make it challenging for independent mortgage banks (IMBs). For many of these transaction-oriented, monoline mortgage lenders, it’s always a …
Category: Top National News
A 3% Mortgage Rate in a 7% World? This Startup Says It Can Do That
Wall Street Journal, Sept, 13, 2023-Ben Eisen (subscription)There are millions of outstanding mortgages with a 3% interest rate. A new startup says it can help today’s home buyers get their …
GSE Repurchase Risk is Rippling Through the MSR Market
HousingWire, Sept. 13, 2023–Bill Conroy (subscription)The mortgage servicing rights market has been very active this year, with robust deal flow that is on par with last year’s record $1 trillion …
Preparing Homes for Wildfires Is Big Business That’s Only Getting Started
NPR, Sept. 15, 2023-Alina SelyukhAs the Blue Ridge Fire blazed across California’s Orange County in 2020, O.P. Almaraz stared at the menacing glow on the horizon and evacuated his family …
GSE Repurchase Risk is Rippling Through the MSR Market
HousingWire, Sept. 13, 2023–Bill Conroy (subscription)The mortgage servicing rights market has been very active this year, with robust deal flow that is on par with last year’s record $1 trillion …
Opinion: As Home Insurance Premiums Spike, Governments Must Act
Washington Post, Sept. 6, 2023–Robert Gebelhoff (subscription)Home insurance rates are spiking across the country, and they’re only going to worsen as floods and fires intensify. To keep insurance markets stable …
Today’s Housing Market: More Mortgages, Higher Prices, Fewer Delinquencies
Weekly Real Estate News, Sept. 1, 2023–Phil HallThree new data reports have concluded that more people are taking out mortgages and are willing to pay more for their properties, while …
Rent Control Laws on the National Level? Biden Administration Offers a Not-So-Subtle Push
USA Today, Sept. 5, 2023-Medora LeeAs rents close in on a record high, more Americans, including the federal government, are wondering if it’s time for national rent control that will …
1 in 8 San Francisco Homeowners Lose Money In Sale
Weekly Real Estate News, Sept. 11, 2023–Phil HallA home seller in San Francisco is four times more likely to take a loss on their transaction compared to the average U.S. …
FHA Lifts Long-Standing Hurdle for ‘Rejected’ Borrowers
Mortgage News Daily, Sept. 11, 2023–Bonnie Sinnock (subscription)The Federal Housing Administration is doing away with a requirement that’s been challenging mortgage borrowers and lenders since 1990 in an apparent response …