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Coming Up:
Fannie Mae’s 1Q Earnings Fall; Officials Fear ‘Modest Recession’
Reported net income of $4.4 billion in the first quarter, down 15% from fourth quarter of 2022 and down 12% from first quarter of last year.
Fed Expected To Raise Rate By Half Percentage Point
Federal Reserve chairman Jerome Powell hinted at the likely increase in an April appearance.
Median Sales Price Of Single-Family Existing Homes Hits $368K
Rising mortgage rates, dwindling supply don’t cool existing home sale prices.
Daniel Fleishman Joins RiskSpan's MSR Team
Industry veteran had worked for BlackRock, Federal Reserve Bank of New York.
FHA Loan Review System Back Online
The system was shut down several weeks ago while efforts were made to resolve various document errors
10,000 NAHB Members Sign Letter To Biden Seeking Housing Market Help
The letter cites rapidly rising interest rates, rising home prices and rents, and the rising cost of lumber and building materials for significantly decreasing housing affordability.
Non-QM Boom
Lenders and industry analysts disagree on how much non-QM loans will grow.
Mortgage Economic Review For May 2022
A summary and review of the key economic data that affects the mortgage & real estate industries.
MNN: Bringing You The Big Picture And The Small Details
National Mortgage Professional debuts an all-new iteration of the Mortgage News Network.