After a couple of years where annual home price growth averaged 20%, analysts expect prices to flatten or even decline. And it’s possible the conforming loan limit set for 2023 will remain in place for all of 2024.

Bearish? Fannie Mae now expects home prices to decline by 1.5% on an annual basis compared to a previously estimate of +4.4%...

Issuance of MBS with FHA purchase mortgages increased 8.1% from the second quarter...

Jumbo MBS creation has been limited amid rising interest rates.

The tightening on LTV ratios could be tied to home price trends.

The ghost of Countrywide rises once again. Overall, Ambac was seeking damages of more than $3.0 billion from BofA...

While interest rate hikes are deflating originations, lenders aren’t budging much on underwriting standards for purchase mortgages, based on an analysis of mortgages delivered to the GSEs in the third quarter. (Includes two data charts.)

Among purchase mortgages with primary mortgage insurance, GSE volume declined in the third quarter while FHA and VA volume increased. California also lost its spot as the top source of loans with MI. (Includes two data charts.)

Rate locks jump; home prices decline for second consecutive month; the remote work factor; website will connect borrowers with brokers; new loan origination system promises “fun.”

“Activity has been increasing," said LoanNEX's Eloise Schmitz...