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Homechanges

changes

Housing Wire

APM makes leadership changes while continuing to eye expansion 

February 16, 2023 Mariel Alumit Comments Off on APM makes leadership changes while continuing to eye expansion 

California-based retail lender American Pacific Mortgage (APM) has made leadership changes while continuing to eye expansion in the Midwest and Southeast. Bill Lowman was named vice chairman of APM, a newly created position while Ned […]

Mortgage
Weely Real Estate News

Some BIG Changes to Mortgage Costs Were Just Announced

January 21, 2023 Allen Santos Comments Off on Some BIG Changes to Mortgage Costs Were Just Announced

The post Some BIG Changes to Mortgage Costs Were Just Announced appeared first on Weekly Real Estate News.

LLPA
Housing Wire

The mortgage industry is nervous about LLPA fee changes

January 20, 2023 Mariel Alumit Comments Off on The mortgage industry is nervous about LLPA fee changes

The Federal Housing Finance Agency this week made a series of significant changes to loan level pricing adjustment (LLPA) fees charged by Fannie Mae and Freddie Mac on conventional/conforming mortgages. It’s generating concern among mortgage […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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