Advertisement
Get the Daily
Advertisement
All
Coming Up:
Pennymac Joins Rocket Pro TPO, Raises Loan Limits
Pennymac increased its conforming loan limit to $802,650
Consumer Resilience Buffered By Residential Mortgage Market
Substantial home equity has boosted consumer financial health, but risks remain in non-mortgage consumer lending
Existing-Home Sales Improve From July To August
Fewer existing-home sales than last year indicate affordability and inventory challenges continue to plague purchase borrowers
$25K Down Payments Still Exist In Some U.S. Metros
The sum would cover 10% of the down payment in 17 of the largest US metros, Realtor.com reports.
Feast, Then Famine
Business lost to ‘lock-in effects’ will compound for years, warns a team of FHFA economists
Mortgage Banker
Average Mortgage Borrowers Gained $25,000 In Equity Since Q2 2023
The average borrower has gained $129,000 in equity since the start of 2020, per CoreLogic
Stewart Title Hires New SVP, Chief Underwriting Counsel
Heather Bland will work in Direct Operations
Rocket Pro TPO First To Announce Conforming Loan Limits For 2025
Starting today, brokers working with Rocket Pro TPO can loan up to $802,650, up from 2024's $766,550.
