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Coming Up:
Overall Mortgage Credit Is Tightening
Some segments showed improvement in March 2022
KBRA Assigns Preliminary Ratings To Freddie Mac’s STACR 2022-DNA3
The offering is a credit risk sharing transaction with a total note offering of $1.84 billion.
REC. Apr 07, 2022
FHFA Suspends Mortgage Foreclosures
Prohibits servicers from foreclosing on mortgages backed by Fannie Mae or Freddie Mac
Better.com Offering Severance To Some U.S. Employees
Online mortgage broker's voluntary severance offer follows two rounds of mass layoffs.
Median Home Prices Spike 16% Year Over Year
Houses are less affordable in nearly 80% of all U.S. counties.
Consumer Pessimism On Mortgage Rates Hits New High
Over two-thirds of respondents expect mortgage rates to go up in next 12 months
Housing Bubble Pop Likely If Mortgage Rates Hit 5.75%
It may not be as destructive as 2008 due to some factors
Gulotta Joins Deephaven Mortgage As Regional Sales, VP Of Wholesale Sales
Will teach East Coast mortgage brokers about company’s non-QM products.
Daily Mortgage Rates Top 5%
Threshold broken faster than expected, but rates are in flux.