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Coming Up:
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.
MBA: Mortgage Delinquency Rates Hit Historic Low in Q2 2023
Resilient job market fuels record low delinquencies, yet early signs of credit stress emerge in certain states
MCT Appoints Pawlowski Head Of Technology Solutions
Has over 30 years of experience with Fannie Mae’s Capital Markets and Single-Family Digital Products.
Inflation Ticks Up To 3.2% in July
A new report by the Bureau of Labor Statistics shows housing costs leading the increase, with core CPI at 4.7% for the year.
UWM Announces Enhanced Pricing
It will expand Control Your Price program for loans.