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Coming Up:
From Figure Eights To Mortgage Rates
Listen to NMP Magazine's February 2024 cover story.
Hildene Capital Management Finalizes $318.4 Million Securitization
The securitization was with a pool of 630 residential mortgages.
Freddie Mac Introduces $2,500 Credit For Low-Income Homebuyers
Initiative aims to break down barriers to homeownership for very low-income families; accessible across Freddie Mac's mortgage products, it takes effect on March 1, 2024.
Mortgage Rate Locks Up by 13.96%, Reports MCT
Month-over-month growth in mortgage rate locks coincides with the Federal Reserve's interest rate stance, as market anticipates potential future changes.
FHA Announces New Rule Easing Branch Office Registration
Effective March 4, the Federal Housing Administration's updated regulation promotes broader participation in FHA programs, benefiting smaller loan originators and credit unions.
5 Hot Takes From 5 Top Coaches
Great minds think alike but offer different perspectives
NMP
ICE Report: Affordability Improves, Inventory Deficit Narrows, And Equity Soars
Intercontinental Exchange, Inc. data reveals a 5% drop in income share for median home purchases, alongside rising home equity and increased refinance incentives, signaling a more favorable real estate environment.
Nominations Open For 2024 PRISM Awards
Proud. Resilient. Inclusive. Supportive. Motivational.
Fairway Shuts Down Wholesale Division
The last lock date on new loans will be Feb. 9.