Purchase Mortgage Applications For New Homes Fell 12% In June
Based on data from the Builder Application Survey, new single-family home sales were at a seasonally adjusted annual rate of 620,000 units in June.
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David Krechevsky
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David Krechevsky was an editor at NMP.
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Olsen Returns As Chief Economist At Zillow
Olsen was a foundational member of Zillow Economic Research.
Fannie Mae Announces Results of 26th Reperforming Loan Sale
Winning bidders for loans totaling $889.75 million in unpaid principal balance were PIMCO and Kah Capital.
Jul 18, 2022
Wells Fargo, Bank of America Post Big Drops In 2Q Earnings
Wells Fargo earnings down 48% YOY, BofA down 32.6%.
Jul 18, 2022
SEC Investigating Better.com Merger Deal
Investigation follows lawsuit filed by former executive who claimed company & CEO 'misled investors'
Jul 15, 2022
GOP Congressmen Demand Greater Oversight Of Fannie, Freddie
10 Republican members send letter to FHFA Director Sandra Thompson expressing concern about GSEs going beyond their approved roles.
Jul 15, 2022
JPMorgan Chase 2Q Earnings Down 28% From Last Year
CEO Jamie Dimon says bank expects to originate fewer mortgage loans.
Jul 14, 2022
KBRA Assigns Preliminary Ratings To Non-QM Offering EFMT 2022-3
In the nearly $346 million RMBS transaction, 58% of the loans are categorized as Non-QM.
Inflation Rolls Merrily Along: 9.1% In June
Latest Consumer Price Index report sets up Federal Reserve for another 75-basis-point rate hike.
Jul 13, 2022
UWM Mourns The Loss Of Its Chief Financial Officer
Timothy J. Forrester died Sunday following a battle with cancer.
Jul 13, 2022