Analysis and Data

loanDepot Reports 'Significant Progress' As It Reduces Its Losses

Reports Q3 net loss of $137.5 million, down nearly 39% in part due to cutting nearly 5,000 employees.

Analysis and Data
Fannie, Freddie Earnings Take Hits In Q3

Fannie YOY earnings down nearly 50%; Freddie's fall 55% as housing market shrinks.

Analysis and Data
Nearly A Third Of Homes For Sale In 3Q Were New Construction

Twenty-nine percent of U.S. single-family homes for sale in the third quarter were new construction — a record high.

Analysis and Data
Mortgage Holders Lost $1.3T In Equity In Q3

Black Knight's September 2022 Mortgage Monitor Report also found 3.6% of borrowers are either underwater or have less than 10% equity.

Analysis and Data
Consumer Confidence In Housing Market Hits All-Time Low

Fannie Mae survey finds just 16% of consumers say now is a good time to buy a home.

Analysis and Data
What Buyers Are Getting Wrong, According To Zillow

A recent Zillow survey says that first-time home buyers should line up financing first before home shopping.

Analysis and Data
UWM Beats Rocket To Become Top U.S. Mortgage Originator

Reports strong Q3 earnings, with net income and overall originations up from Q2.

Analysis and Data
Government Data Shows Growing Racial Gap In Appraisals

Homes in white neighborhoods are assessed at double the value of comparable homes in communities of color.

Analysis and Data
Economy Added Jobs In October For 22nd Straight Month

Unemployment rate rises to 3.7%; number of unemployed now 6.1 million.

Analysis and Data
Can Consumers Save Big By Using Wholesale Mortgage Brokers?

UWM, Homepoint tout joint study claiming more than $9K in savings, but won't share data used in analysis.

Analysis and Data
Wholesale