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HUD, FHA Brace for Impact Following Job Cuts

February 21, 2025
Paul Muolo
White House plans call for half of the staff at the Department of Housing and Urban Development to be cut.
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Short Takes: NMLS Processing Fees Increase / New Home Apps Ease in January / Residential Vacancies Fall / Sunflower Bank Hires New CBO

February 21, 2025
Shannon Clark
Fees will increase for both state licensure and federal registration beginning March 1.
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Trump Extends His Power Over Independent Regulators

February 20, 2025
Namrata Bhatia
The actual impact of the EO "may be limited," according to Ian Katz, managing director at Capital Alpha Partners.
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Agency Refinance Business With MI Soars

February 20, 2025
Namrata Bhatia
Insured purchase-mortgage volume in agency MBS fell 9% in the fourth quarter.
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Homebuying Market More Active as Lock-in Effect Eases

February 20, 2025
Shannon Clark
By the second quarter of 2025, more than 50% of mortgages could hold interest rates higher than 4%, according to Mat Ishiba, chairman and CEO of United Wholesale Mortgage.
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States, Feds Likely to Divvy Up Oversight Focuses

February 20, 2025
Shannon Clark
State and federal regulators are likely to differ when it comes to their oversight priorities over the next few years.
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Short Takes: Remodeled Homes Take Priority / ServisFirst Bank Hires New CFO / Snapdocs Earns First MISMO Compliance / Cash Purchases Hit Lowest Share

February 20, 2025
Shannon Clark
Fixer-uppers are selling for 7.3% less than similar remodeled homes, the largest discount in three years.
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MFA Financial Experiences Net Loss in 4Q24

February 19, 2025
Shannon Clark
At press time, MFA's shares were up slightly on the day to $10.32 a unit. Its 52-week low is $9.36, its high $13.45.
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Residential Mortgage Refi Production Rises in 2024

February 19, 2025
Namrata Bhatia
The boost in refi business contrasted with lackluster performance in purchase mortgages.
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Court Upholds Ocwen FDCPA Violation

February 19, 2025
Shannon Clark
Onity Group, which owns the servicer, noted that the decision stemmed from a "legacy practice."
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Latest Imf News

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Featured Data

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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