Christine Stuart is the news director at NMP.
MBA's latest survey reveals a steady decline in forbearance, with significant drops across loan types as homeowners recover from pandemic-induced financial distress.
Pending approval, UWM ordered to revise contract; faces allegations of unlawful restrictions on employee rights.
She will oversee the default servicing portfolio.
Anticipating an increase in mortgage volume driven by improving rates and favorable demographics.
Mortgage lender resumes operations amidst growing cybersecurity challenges in the industry.
Despite a 1% dip in December's existing-home sales, the median price hits a record high of $389,800 in 2023, while housing inventory remains a challenge.
MCT's recent data reveals a drop in mortgage lock volume, with refinances showing only a modest increase despite lower rates, while seasonal trends and purchase market challenges continue.
MBA supports legislation aimed at enhancing the Low Income Housing Tax Credit, potentially creating 200,000 additional rental units and addressing the housing affordability crisis.
Lowest level since May 2023.
Distinguished career spanning three decades in law, banking, and finance to join Freddie Mac board.