Originations

The nearly 50% homeownership rate in 2023 marked the most significant increase since the Great Recession, according to NAHREP.

A greater number of refinances, particularly in the government market, led overall volumes higher, the Mortgage Bankers Association said.

Company executives are counting on Guild's recent acquisitions to buoy business once the market normalizes.

The American Land Title Association, which represents the title insurance industry, argued that the program would not cut costs for those who really needed it.

While some said the agency was ignorant of its own rules, one trade group praised the goals of the posting.

At current levels, monthly payments could surge by 39% between 2023 and 2025 for an approximately $250,000 loan, according to new research.

Regulatory reform – rather than Biden's proposed solutions – is needed to fix the inventory crisis, some say, but others applauded the president's buyer cost-cutting initiatives.

The title proposal is part of a broader housing cost reduction proposal being discussed in the State of the Union speech.

Fannie Mae's home price sentiment index grew to 72.8 in February, up 2.1 points from the month prior.

But those rates are still relatively high, and that is a barrier to entry for potential homebuyers, Freddie Mac said.