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Coming Up:
Mar 17, 2023
MBA: IMBs Report ‘Abysmal’ Losses In Q4 Of 2022
Only one-in-four companies were profitable for the quarter.
loanDepot Withdraws $225M from Signature Bank
Still locked into a $300M mortgage servicing rights contract.
Redfin Reports Mortgage Demand Ticks Up As Rates Drop
Amidst banking turmoil, busiest day for rate locks recorded in 2023.
Impac Mortgage Reports Losses For 4Q, 2022 Overall
Losses continue for second straight year; employee count drops 37%.
Mortgage Rates Drop In Wake of Bank Failures
30-Year Fixed-Rate Is At 6.6%
California Home Sales Perk Up For 3rd Straight Month
Median home price retreats for the sixth straight month.
Mar 16, 2023
Stop Asian Hate
Anti-Asian sentiment has seeped into the mortgage industry, now affecting home valuations
Mar 16, 2023
Sterling Bancorp Inc. To Plead Guilty to $69M Securities Fraud
DOJ says bank’s residential mortgages were ‘rife with fraud.’