Home Sellers See Shrinking Profits
Typical U.S. home sale profits dipped to 50% in Q1 2025, down nearly 5 points year-over-year, according to ATTOM data
Christian Hartung Joins Select Lending Services As Divisional Sales Executive
Hartung to lead Mid-Atlantic division during key expansion period
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Homeownership Slips Further Away For Californians
Only 18% of Californians could afford a median-priced home in 2024, with affordability gaps persisting across ethnic groups
Mr. Cooper Shrinks Originations But Strengthens Borrower Retention Ahead Of Rocket Merger
Loan production fell 10% in Q1, but purchase share climbed and borrower recapture hit 51% amid broader strategic realignment
Despite Earnings Miss, PennyMac Sees Opportunity In Credit Markets
Loan acquisitions fell 18% in Q1; EPS missed forecasts by $0.40; $1B in new securitizations completed