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May 25, 2018

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Real Estate Agents Prefer Nonbanks when Making Referrals for Purchase Mortgages

The top four lenders receiving the highest rate of “likes” and lowest rate of “dislikes” from real estate agents were all nonbanks: Fairway Independent, Movement Mortgage, Guild Mortgage and Guaranteed Rate. Read More

Home Sales Expected to Increase in 2018 even with Higher Interest Rates and Home Prices

Freddie said the strong labor market and years of pent-up interest are increasing demand for purchase mortgages. Read More

Investors Outbidding First-Time Homebuyers, Genworth Expects Supply of Homes to Increase

Tian Liu, chief economist at Genworth Mortgage Insurance, said homebuilders are starting to increase the supply of homes at somewhat lower price points, which could help increase purchases by first-time buyers. Read More

Bank Holdings of ABS Increase Slightly in First Quarter

The biggest factor in the small uptick was the significant growth in the two largest ABS portfolios in the industry... Read More

Short Takes: FHFA Punts on MI Volume Discounts / Fannie Considering an IMAGIN of its Own / Home Sales Decline / Refi Business Worse than 2014?

A senior FHFA official said disputes over private mortgage-insurance pricing likely fall under the jurisdiction of state insurance regulators. Read More

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