Word is spreading that CrossCountry Mortgage of Brecksville, OH, is in the hunt to buy other lenders. As for who, that’s a different matter.

Requiring homebuyers and sellers to each pay their own agent’s fee would dramatically increase the upfront cash needed to buy a home.

Usage of Freddie Mac’s Loan Prospector is largely confined to mortgages that will be delivered to the GSEs while usage of Fannie Mae’s Desktop Underwriter is more widespread in the mortgage market.

Renters are finding it more challenging to become homeowners as increasing rents eat into downpayment funds and rising interest rates push homes further out of reach.

Higher interest rates didn’t have much of an impact on home price appreciation in March; Freddie Mac launched new automated underwriting capabilities; Fitch shifts its outlook for ratings of Finance of America Companies to negative; MISMO remains busy.

The peak in prices could be over, for now...

The problem: Housing inventories have crumbled compared to years past...

Issuance of expanded-credit MBS flowed in the first half of the year even as lenders grappled with higher interest rates. Issuance is expected to slow as lenders work to establish a new supply of loans with higher interest rates.

Is it time for REITs to start issuing new shares of common and preferred again? Maybe. At least one REIT is back in the market: Annaly.

According to Equifax, the 60+ day delinquency rate on subprime auto loans hit a record in March. S&P countered that Equifax is double-counting loans, adding that delinquencies aren’t at record levels in the ABS market.