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Coming Up:
Pending Home Sales Drop 4.9% In January, Marking Year-Over-Year Decreases
NAR report shows regional disparities in transactions, highlighting sensitivity to mortgage rate changes.
A Critical Juncture
Bold steps needed to foster a more inclusive mortgage industry
NMP
Allowing The ‘Dogs’ To Bark
More lenders need to know about 203(k) financing
NMP
Navigating The Real Estate Landscape
A SWOT analysis for mortgage brokers could be a valuable tool
NMP
Fannie Mae Implements Notice Of Potential Defect Process To Address Loan Repurchase Risks
Faced with market challenges, Fannie Mae reintroduces a Notice of Potential Defect, allowing lenders a grace period to rectify significant loan issues before repurchase requests, amid calls for broader industry reform.
Experts Forecast Stronger Home Price Growth For 2024
Panel anticipates 3.8% annual increase, with majority seeing upside risk amidst ongoing housing challenges.
CoreLogic: Mortgage Delinquency Rate Holds Steady At 3.1% In December
Despite overall stability, 17 states witness yearly increases; concerns arise over consumer credit performance amidst economic shifts.
Redfin: New Listings Spike Up And Inventory Improves
More sellers are listing their homes, but mortgage rates and steep home prices are suppressing sales.
Homebuyer Affordability Dips As Monthly Mortgage Payments Rise
Mortgage Bankers Association's Purchase Applications Payment Index (PAPI) highlights nationwide increase in median payments, potentially hampering spring homebuying season.