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Coming Up:
California Housing Affordability Plummets To 16-Year Low
Persistent high interest rates and scarce inventory lead to steep decline in affordability.
U.S. Home Values Soar to Record $46.8 Trillion Amid Housing Shortage
Suburban appeal, Millennial influence, and 30-year mortgages shape dynamic real estate market.
Planet Financial Group Shows Q2 Growth
Planet Home Lending boasts double-digit rise in origination.
loanDepot Settles Class Action Lawsuit For $3.5M
Shareholders had accused the lender, its executives, and bank underwriters of misleading disclosures during the 2021 IPO, while loanDepot denies any wrongdoing.
Economic Strength Pushes Mortgage Rates Upward
Affordability concerns grow as robust economy drives rates closer to 7%.
Hedging A Pipeline Of Locked Loans Isn’t Free
Volatility in the ‘To Be Announced’ markets will kill a lender’s gain
Mortgage Banker
Nearly 60% of U.S. Metro Areas See Home Price Gains in Q2 2023
Mortgage payments on a typical home rise by 11.6% year-over-year.
FHA Introduces New Functionality to Streamline Case Cancellations and Reinstatements
Seeks to eliminate manual submissions.
Arrive Home Announces Executive Leadership Changes
Matt Pettit and Tai Christensen ascend to new roles within affordable housing program.