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Fannie Mae Home Purchase Sentiment Index Climbs For Third Straight Month

Consumer confidence in selling homes rises, but buying sentiment remains pessimistic.

Analysis and Data
Report Shows 15% Annual Drop In Underwater Homes, Boosting Homeowner Equity

Homeowners witness significant equity surge of $1.3 trillion with Northeastern states making the biggest gains.

Analysis and Data
Mar 07, 2024
The Interest
One Day Certainty?

Fannie Mae unveils cutting-edge update to streamline mortgage origination process.

Operations
Angel Oak Mortgage REIT, Inc. Weathered Financial Headwinds In 2023

Despite missing non-GAAP EPS forecasts, Angel Oak grows loan portfolio, enhances liquidity, and optimizes operations.

Non-QM
dv01 Analysis Reveals Shift In Non-QM Loan Modifications

Despite decrease in loan modifications, more borrowers opt for permanent payment reductions.

Non-QM
ADP: U.S. Private Sector Adds 140,000 Jobs In February

Annual pay for job stayers was up 5.1%, lowest gain since August 2021.

Analysis and Data
MCT: Mortgage Lock Volume Increases By 20.9% in February

The increase reflects positive sentiment despite rising interest rates and strong job market; Federal Reserve's scrutiny of upcoming economic reports may influence future rate adjustments.

Analysis and Data
The Money Store Welcomes Top-Producing Branch Manager

John Abraham to head up Illinois branch.

People On The Move
Wells Fargo Requests Extension To Respond To Discrimination Lawsuit

Bank seeks additional time to address expert reports in class action suit.

Courts