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HUD reportedly owes nearly $400 million in refunds to homeowners.
Guaranteed Rate's study attributes the rise to climate risks and other factors.
Freddie Mac's Chief Economist warns of persistent inflation pressure despite recent rate dip, suggesting prolonged elevated rates in the mortgage market.
As smaller players exit the market, scaled originators like UWM and PennyMac Financial dominate, but challenges persist with low origination volume and pressured margins amidst rising interest rates.
Mortgage rates remain high, but buyers are wading into the market
National housing company hires new leadership and bolsters workforce.
New listings are up 21% annually, evidence of rate lock weakening.
Change Lending, a CDFI, obtains membership approval from FHLB-SF after meeting all statutory requirements.
San Diego-based lender reports net loss for 2023 despite aggressive growth strategy.