Homebuilder Confidence Drops At Fastest Pace In 2 years | Recent Study Stats
Homebuilder confidence may still be higher than almost any time before the pandemic, but it’s now lower than any time since. We hope you enjoyed last week’s edition where we talked about Now More Than Ever In The Mortgage Industry, It’s Critical To Know Your KPIs. This week we’re bringing you: Mortgage Rates Moving Back Up […]
Now More Than Ever In The Mortgage Industry, It’s Critical To Know Your KPIs
As the first quarter unfolded, macroeconomic risks created strong headwinds for mortgage companies. We hope you enjoyed last week’s edition where we talked about Mortgage Apps Jump 2.5%, Propelled By Purchase Activity. This week we’re bringing you: Despite rising rates, Rocket delivers $1B profit in Q1 Detroit-based Rocket Companies, the parent of Rocket Mortgage, generated a […]
Mortgage Apps Jump 2.5%, Propelled By Purchase Activity
Individuals across the country chasing the American dream of homeownership helped to push mortgage-application volume up by 2.5% for the week ending April 29, compared with the prior week. We hope you enjoyed last week’s edition where we talked about FHFA Gets Blowback On Proposed Liquidity Requirements. This week we’re bringing you: Fannie Mae income drops […]
FHFA Gets Blowback On Proposed Liquidity Requirements
While the FHFA proposed heightened liquidity requirements, committed lines of credit would not count toward fulfilling them. We hope you enjoyed last week’s edition where we talked about Highest Mortgage Rates Since 2009. This week we’re bringing you: How originators can capitalize on reverse mortgage business in light of the changing housing market With a housing […]
Highest Mortgage Rates Since 2009
Where do we even begin the conversation about mortgage rates on any given day in the spring of 2022? We hope you enjoyed last week’s edition where we talked about Mortgage Delinquency Rate Reaches 23-Year Low. This week we’re bringing you: FHA adds 40-year loan term to COVID-19 arsenal The Federal Housing Administration told mortgage servicers […]
Mortgage Delinquency Rate Reaches 23-Year Low
Mortgage delinquency rates in January reached a 23-year low, driven by the skyrocketing housing prices and a strong job market. We hope you enjoyed last week’s edition where we talked about What Metaverse Real Estate Means For Mortgage Professionals. This week we’re bringing you: Streamlining subsidies to build more affordable housing Today’s housing affordability crisis stems […]
What Metaverse Real Estate Means For Mortgage Professionals
Is there a demand for “mortgages” to buy virtual real estate in the Metaverse? We hope you enjoyed last week’s edition where we talked about Home Prices Moved Up Even Faster in January Despite Higher Rates. This week we’re bringing you: How one eClose solution can save lenders up to 70 minutes per loan HousingWire Editor in […]
Home Prices Moved Up Even Faster in January Despite Higher Rates
There’s a friendly debate among economists and housing experts on the implications of 2022’s massive spike in mortgage rates. We hope you enjoyed last week’s edition where we talked about Profit Margins Are Plunging For Nonbanks. This week we’re bringing you: Here We Go Again: Mortgage Rates Making Another Recovery Attempt In a normal mortgage rate […]
Profit Margins Are Plunging For Nonbanks
Nonbanks and mortgage subsidiaries of chartered banks reported grim profitability figures in the fourth quarter of 2021, when costs reached a new high and margins fell to the lowest level since early 2019. We hope you enjoyed last week’s edition where we talked about Rents Are Rising 4 Times Faster Than They Did In 2020. This […]
What Opportunities Do Lenders Miss Out On By Not Focusing On Credit?
With industry loan volumes already falling, lenders are looking for ways to reach their growth goals. We hope you enjoyed last week’s edition where we talked about Are Digital Closings Really Worth It? This week we’re bringing you: Welcome to Walmart. Here’s your mortgage Cooperative leasing spaces in Walmart to sell mortgage products to consumers […]