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Can't Afford a House Close to Work? Millennials Seek Vacation Homes as First Buys

March 25, 2022
Further complicating the issue: Vacation home loans don’t qualify for government loan programs.
Read More

Phoenix Capital, Prestwick Announce Bulk MSR Auctions

March 25, 2022
Paul Muolo
With rates climbing, MSR sellers are at a distinct advantage, one that could last for some time...
Read More

Strong Demand for Servicing Rights as Interest Rates Rise

March 25, 2022
Paul Muolo
Are mortgage servicing rights still a safe bet to buy? Looks that way, especially if mortgage rates keep heading north.
Read More

Lenders Don’t See Much Use for Blockchain in Near Term

March 25, 2022
Dennis Hollier
Only a quarter of mortgage lenders say they’re familiar with blockchain or its potential use in housing finance.
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Millennials Seek Vacation Homes as First Buys

March 25, 2022
Monica Hogan and Sam Manas
Millennials who remain thwarted from purchasing primary residences in expensive urban markets are turning to vacation homes to build home equity. Meanwhile, signs point to an overall slowdown in demand for such properties.
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Hybrid Closings Slow as Pandemic Ebbs, Digitization Marches On

March 25, 2022
Sam Manas
The share of mortgages closed with hybrid tech is declining. Still, analysts suggest that lenders would be wise to digitize their closings before volume drops are fully realized.
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First-Time Homebuyers Face Affordability Challenges

March 25, 2022
Monica Hogan
Millennials make up the largest generation of first-time homebuyers, but they face affordability challenges, according to recent industry reports.
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As Secondary Market Volume Drags, Maxex Reduces Staff

March 24, 2022
Paul Muolo
When originations fall, loan trading platforms suffer as well. Maxex, one of the more high-profile traders, recently instituted cuts.
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Nonbank Ponders Conduit to Take Advantage of LLPA Changes

March 24, 2022
Paul Muolo
Come April, LLPAs on Fannie/Freddie second-home mortgages and high-balance loans move higher. Good time for a nonbank to start a conduit?
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SFA Seeks Consensus on LIBOR-Replacement Benchmark

March 24, 2022
Monica Hogan
The Structured Finance Association is assessing investors’ and brokers’ preferences for replacing LIBOR in structured finance bonds.
Read More
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Latest Imf News

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