Short Takes: Home Prices Inch Up / Origination Pipelines Constrained / Few Loans in Forbearance / New CRT from Freddie April 18, 2023 Brandon Ivey Home prices increased by 1.0% on a sequential basis in the first quarter of 2023.Read More
In 1Q, a Precipitous Fall in Home Lending for Wells Fargo April 17, 2023 Paul Muolo JPMorgan surpassed Wells in home lending during the quarter...Read More
FHFA Finalizes DTS Rule on Colonias April 13, 2023 Dennis Hollier The new rule changes the definition of "colonia" and "rural area" to ensure more of these impoverished, predominantly Latino communities are covered under the regulation.Read More
UWM Brings Back 1% Down Loans April 12, 2023 Dennis Hollier The revived program means United Wholesale Mortgage will eat 2% of the home price (up to $4,000) in the form of downpayment assistance.Read More
Short Takes: Sen. Scott's Housing Policy / HUD Extends Forbearance Deadline for Native Americans / NAR Economist Pushes End of QT April 12, 2023 Dennis Hollier and Monica Hogan Republican Sen. Tim Scott begins his presidential campaign by making a housing policy statement.Read More
Mortgage Layoffs Accelerated in February April 11, 2023 Paul Muolo With interest rates falling in recent weeks, the origination market has perked up a bit, but...Read More
Agency MBS Issuance Slides Further in First Quarter April 7, 2023 John Bancroft It was the ninth straight quarterly decline for agency MBS issuance.Read More
Ouch: Originations Unprofitable in 2022 April 7, 2023 Brandon Ivey 2022 marked the first year that net production was negative for the full year since the MBA started its performance survey in 2008.Read More
Some Lenders Closing Instead of Selling April 7, 2023 Paul Muolo If the price isn't right, some owners are closing shop rather than selling their company.Read More
Congress Urged to Modernize Flood Insurance Program April 7, 2023 Monica Hogan The NFIP has seen two lapses and nearly two dozen short-term extensions since 2016.Read More