Origination

Compounding factors of low inventory and high costs also helped lead to another decline in Fannie Mae’s Home Purchase Sentiment Index.

The company said the bond issue is the largest ever seen in this asset class and was boosted by rising home values.

Pretax income in the servicing segment outpaced its loan production unit in the fourth quarter, as the company launches new branding initiatives.

Employment numbers suggest that interest in home purchases is bearing up well despite some limits on consumer spending and normalization in the mortgage market after two banner years.

Zip codes with the biggest share of children under 18 saw faster increases in house prices about two-thirds of the time, a Zillow study found.

Using stimulus checks and money saved from lower spending were each cited by just under one-quarter of those looking to buy in the next 12 months, a Redfin survey found.

The firm enters the flourishing investment space backed by the industry’s biggest player and offers consumers multiple paths toward homeownership.

But the company was able to increase the share of its top line that came from recurring income streams while minimizing the impact of more volatile transactional-based ones.

But the current lack of movement is likely only a temporary reprieve, according to Freddie Mac.

If approved, the new loan would unlock $120 million in badly needed funds for the sprawling Bronx multifamily complex.