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The uptick in early demand, however, has not carried through to home purchase contracts or sales.

The Biden Administration announced a plan with billions of dollars for new steps to tackle the housing supply crisis.

Freddie Mac’s weekly Primary Mortgage Market Survey shows fixed mortgage rates decreased as purchase demand continued to tumble.

SGR 2022-2 is a $349.5 million non-prime RMBS transaction comprising 670 residential mortgages, with 51.6% of the loans categorized as Non-QM.

CEO says company reduced staff as it focuses on expense management.

UWM is entrenching itself in the Non-QM market despite investors shying away from Non-QM MBS packages.

Profit margins on single-family homes and condo sales hit another record of 55.5%.

NMP poll also shows pessimism about profits and refinancing business.