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Coming Up:
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.
UWM’s Ishbia Criticizes Rocket For Job Cuts
Fires at Rocket in LinkedIn post calling staff reductions ‘disgusting.’
Christensen Picked To Chair American Mortgage Diversity Council
Replaces Lola Oyewole, who will focus on diversity, equity, and inclusion in industry.
KBRA Assigns Preliminary Ratings To Non-QM Offering
OBX 2022-NQM4 Trust is a $457.3 million non-prime residential mortgage-backed securities transaction.
Fannie Mae Reports 9.7% Increase In Book of Business
March numbers are strongest month-to-month growth since August 2021
Black Knight: Home Affordability Nearing All-Time Low
Spiking interest rates & rising prices are sending borrowers to ARMs