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The 30-year fixed remains in its current range, but most expect the rate to reach 6% for 2026, and one observer feels it could actually break under this point.
January 8
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Across-the-board decreases across all loan types drove the Mortgage Bankers Association's full credit availability index to its lowest in three months.
January 8
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Originators with less than $59 million in assets don't have to share their loan data with CFPB, as the semi-shuttered regulator continues mortgage oversight.
January 8
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Defendants argued the vendor doesn't operate a pricing algorithm, and said some of the implicated home loan players never used the software.
January 8 -
Loanlogics rolled out the LoanBeam NQM income analyzer in October and has four users for the non-qualified mortgage underwriting technology, including Pennymac.
January 7
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The company was founded in 1986 by current CEO Mat Ishbia's father Jeff and became the No. 1 originator by dollar volume in the third quarter of 2022.
January 7
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Walker & Dunlop Affordable Bridge Capital will originate flexible, short-term first-mortgage bridge loans for properties designated for government programs.
January 7
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The Department of Housing and Urban Development is selling more due-and-payable HECMs on homes that are occupied while reviewing the loan program.
January 7
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President Trump said he would prohibit large institutional investors from buying single-family homes. While the executive couldn't bar such investments on its own, a legislative ban could gain bipartisan support.
January 7
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Blackstone stock fell by as much as 9.3% after Trump said he was "immediately taking steps to ban large institutional investors from buying more single-family homes."
January 7
