Despite mortgage rates briefly falling below the 6% threshold, both housing inventory and mortgage demand fell last week. Let’s dive into the trend lines of the housing market. First, here is a quick housing market […]
On January 19, 2022, the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac released their new pricing matrix’s as a response to the late year 2022 directive from FHFA on the subject. The effort […]
Michigan-based United Wholesale Mortgage (UWM) has named Andrew Hubacker as its chief financial officer, the company announced on Monday. Hubacker joined the mortgage lender in October 2020 as chief accounting officer. He became an interim principal financial […]
The Mortgage Bankers Association (MBA) urged the Federal Housing Finance Agency (FHFA) to remove the addition of a debt-to-income loan level pricing adjustment (LLPA) in Fannie Mae and Freddie Mac‘s pricing framework. In January, the […]
Home lender PrimeLending has promoted Kim Dybvad to lead its Mid-America division, months after the workforce quit en masse and joined a competitor. Dybvad, who joined the company in 2013 and is now a vice […]
Rocket Pro TPO, the wholesale arm of Rocket Mortgage, wants to court brokers from its competitor United Wholesale Mortgage even if it means covering legal costs to bring them over. “Starting today, we stand behind […]
Focus on Recognizing Diversity in Data Earn a free set of digital badges by demonstrating your skills and experience in recognizing diversity in data. Digital badges are a great way to show your ongoing commitment […]
Source: SF Gate — Realtor.com, the second most visited website for real estate listings in the U.S., is laying off an undisclosed number of employees due to a recent slump in the housing market. Read More
Source: White Coat Investor — A lot of people don’t think of me as a “real estate investor,” which I find surprising given that I own enough investments in real estate to live off […]
Source: Business Insider — The average 30-year mortgage hit a 14-year high Wednesday, but that surge won’t spark a crash in the US housing market akin to anything seen in 2008, investment strategist Louis […]
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