Will the Mortgage Third-Party Origination Channel Survive the Current Market?

February 16, 2023 Mariel Alumit Weely Real Estate News Comments Off on Will the Mortgage Third-Party Origination Channel Survive the Current Market?

Northpointe Bank, a regional bank headquartered in Michigan, has announced that they are closing their correspondent lending operations in April of 2023, and will shift their focus to retail lending, mortgage warehouse lending and specialty loan servicing. This decision was made after the financial institution experienced a 25% reduction in new originations in 2022. According […]

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Biden barely mentioned the deflated housing market. What’s next for renters, buyers and owners?

February 14, 2023 Mark Paul Cervantes Housing, Housing Bubble, Top News Comments Off on Biden barely mentioned the deflated housing market. What’s next for renters, buyers and owners?

Affordable housing advocates and homebuilders are pushing President Biden to take another crack at expanding affordable housing despite partisan divides in Congress. During Biden’s Tuesday night State of the Union address, the president announced a plan to […]