Origination

Late last year, commercial bank holdings of mortgage paper reached the highest level since 2023 as these depositories are flush with deposits.

Keefe, Bruyette & Woods attributes Fannie Mae and Freddie Mac portfolio growth for the narrower spreads, but other reasons include lower volatility.

The accusations, relating to the lender's marketing programs, including trips for brokers as things of value, stem from a larger racketeering complaint.

First Federal Bank stretched its retail mortgage operations into Louisiana and Mississippi, following its expansion into the Midwest and Arizona in 2023.

The impact of extreme weather remains top of mind for many, with a majority of homeowners citing it as a factor behind purchase or relocation considerations.

Mamdani issued several other orders, including one that created a new office devoted to community engagement and three that concern housing and real estate.

The number of remodeling establishments hit at a record high earlier this decade and now accounts for over 60% of home construction-related businesses.

The Federal Home Loan Bank of Chicago will be offering more funding and higher per-member limits as part of its 2026 Community Advance program.

Fitch Ratings' outlooks for mortgage and title insurers this year are neutral, as housing deals with affordability challenges and a likely economic downturn.

After the ceremony on Thursday, Mamdani announced three executive orders focused on housing affordability to kickstart his agenda.