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Housing Outlook to Improve in 2023, Says Harvard Expert

February 16, 2023
Monica Hogan
Potential homebuyers may be adapting to higher interest rates and could gravitate back to the housing market as rates have fallen recently, according to Harvard Joint Center for Housing Studies’ Chris Herbert.
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Ohio Environmental Mishap Poses Housing Questions

February 16, 2023
Monica Hogan
Mortgage servicers and housing officials should be prepared for an uptick in delinquencies following the toxic train derailment in East Palestine, OH.
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Grapevine: Select Portfolio Servicing Update; 203(k) Revisions?

February 16, 2023
Brandon Ivey and Dennis Hollier
Apollo isn’t buying Select Portfolio Servicing from Credit Suisse; FHA seeking suggestions for changes to rehabilitation program; Hsieh’s fishing dream; mortgage fraudster sentenced to 10 years in prison.
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Non-Agency MBS Servicing Lead Widens for Shellpoint

February 16, 2023
Brandon Ivey
Shellpoint Mortgage Servicing boosted its role as the leading servicer of loans in non-agency mortgage-backed securities late last year...
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Ginnie Reduces HMBS Pool Minimum

February 16, 2023
Monica Hogan
Ginnie Mae has reduced the required minimum size for its Home Equity Conversion mortgage-backed securities pools from $1 million to $250,000.
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Older Borrowers Face Trouble With Mortgage Approvals

February 16, 2023
Monica Hogan
Mortgage applicant rejection rates rise substantially with age, according to a new study...
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Tribal Housing Interests to Meet in DC

February 16, 2023
Monica Hogan
The National American Indian Housing Council plans to gather next month in Washington, DC, for a conference and to meet with federal legislators.
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Investor Properties Lead Non-Agency Collateral

February 16, 2023
Brandon Ivey
In recent weeks, investment-property loans accounted for the majority of collateral in non-agency mortgage-backed securities.
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Freddie Abruptly Postpones Earnings Release

February 15, 2023
Dennis Hollier
The late announcement and unexpected delay of the financial release will likely set tongues wagging in the mortgage industry.
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HFSC Chair Considered Pragmatic, Affable Despite Rhetoric

February 14, 2023
Dennis Hollier
After years spent in opposition, House Financial Services Committee Chair Patrick McHenry, R-NC, has used recent hearings to criticize various housing policies brought under Democrats.
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