Broeksmit: Big Challenges, Big Opportunities
AUSTIN–The last few years have seen big challenges for mortgage bankers: COVID, market disruptions, inflation, and high interest rates to name a few. But there are many opportunities for mortgage bankers to be part of something that will benefit our industry and our customers, according to MBA President and CEO Bob Broeksmit, CMB.
Auction.com: Foreclosure Auction Volume Falls in Q4
Auction.com, Irvine, Calif., reported that the supply of properties available to buy at foreclosure auction hit a three-year low in Q4 2024.
Fitch Says Mortgage Insurers Will See ‘Limited’ Earnings Pressure from Catastrophes
Fitch Ratings, New York, said recent natural catastrophe activity from wildfires and hurricanes will likely incrementally increase mortgage delinquencies, but will have a relatively immaterial effect on ultimate paid claims experience and ratings for mortgage insurers.
FOMC Holds Rates Steady; MBA Economist Weighs In
The Federal Reserve’s Federal Open Market Committee left interest rates unchanged Jan. 29.
ATTOM: Home Equity Steady in Q4
ATTOM, Irvine, Calif., released its Q4 2024 U.S. Home Equity and Underwater Report, showing that 47.7% of mortgaged residential properties could be deemed equity-rich in the quarter.
