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New Construction Rising But Not Enough to Keep Up With Demand

October 10, 2024
James Dohnert
The NAHB projects that new builds of single-family homes will continue to rise in the coming quarters.
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Survey Finds More Deals Failing Due to Contingency Issues

October 4, 2024
James Dohnert
Loan officers are increasingly offering clients buy-before-you-sell products to help them beat contingencies issues, according to HomeLight, a provider of buy-before-you-sell products.
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Production Gains Could Continue Into Fourth Quarter

October 3, 2024
Paul Muolo
Although the origination tally for the third quarter won’t be ready for a few weeks, it feels like it was the best of the year. And some CEOs think the fourth quarter could be even better.
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Helene Unleashes Destruction; Industry Offers Aid

October 3, 2024
Monica Hogan
There’s a large gap between damage from Hurricane Helene and what will be covered by the National Flood Insurance Program and the private property insurance market, according to CoreLogic.
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Lenders Face Some Uncertainty With GSE Loan Limit

October 3, 2024
Brandon Ivey
It’s possible that some large lenders are offering 2025 conforming loan limits that are higher than where FHFA will set the limits. If that’s the case, there could be complications but no major concerns.
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Insurance Companies Defend Their FHLBank Membership

October 3, 2024
Dennis Hollier
Insurance companies were some of the largest originators of mortgages when the FHLBanks were created, but that’s no longer the case.
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Lawmakers Debate Federal Housing Funding

October 3, 2024
Monica Hogan
Members of the Senate Budget Committee debated whether federal funding has any role to play in boosting the supply of affordable housing.
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United Wholesale Mortgage Prevails in Antitrust Lawsuit

October 3, 2024
Shannon Clark
A Florida broker’s complaint alleging UWM violated antitrust laws and attempted to monopolize the wholesale mortgage market failed, after no plausible evidence was provided.
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No Immediate Impact From Changes Post NAR Settlement

October 3, 2024
James Dohnert
A majority of real estate agents surveyed said it’s business as usual following changes in how buyer’s agent commissions are paid.
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Will New Capital Plan Boost Onity’s Share Price?

October 3, 2024
Paul Muolo
Onity owns roughly $123 billion of MSR and has a growing subservicing business. But still, the market treats its stock like a leper. Might de-leveraging help?
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Latest Imf News

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