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Coming Up:
Pending Home Sales Leap 7.4% In September
Economists conflict on sales predictions for remainder of 2024
Freddie Mac's Q3 Earnings Boost Net Worth To $56 Billion
Lower rates usher in more purchase and refinance activity
Credit Delinquencies Rise, New Lending Slows
VantageScore provides the final snapshot of consumer credit health before the U.S. elections
Rithm Capital's Q3 Earnings Delivered Strong Returns From Origination Side
Newrez, Rithm's mortgage subsidiary, recorded a pre-tax income of $245.9 million.
HUD Pledges $12 Million To Boost Housing Affordability
Grant funding from HUD’s Self-Help Homeownership Opportunity Program (SHOP) enables eligible organizations to acquire land, enhance infrastructure, and build housing
Insurance Crisis Hits Lenders' Bottom Lines
While monthly principal, interest, and property tax obligations are up an average 15-17% since the beginning of 2020, the average monthly property insurance payment is up a staggering 52% over that same period.
Credit Score Switch Proving Difficult Absent Agency Guidance
Panelists at MBA's annual event agree GSEs have neglected to facilitate mandatory adoption of new credit scoring models, set to take effect in the fourth quarter of 2025.
Homeowners Gain Equity, Renters Lose Wealth
New report by First American says home prices decreased by 3.1% between August and Sept. 2024