Mortgages

Headlines over real estate sales policies, as well as economic upheaval, are having a negative impact on how insiders are seeing the market today.

A former COO at Marlin Mortgage claims the servicer transferred an MSR portfolio to a new subservicer not to benefit the investor, but for the gain of the company's CEO.

Stakeholders predict the future of homebuying will offer two distinct paths: an all-in-one bundle from companies like Rocket Mortgage and the traditional, local homebuying experience.

Multifamily debt held by all capital sources continues to grow at a faster pace than the overall commercial market, the Mortgage Bankers Association said.

Federal Housing Finance Agency Director Bill Pulte is the new chair for both and he has removed several members while adding a few new names at each.

New residential construction increased 11.2% to an annualized rate of 1.5 million in February, according to government data released Tuesday.

The private market is increasingly testing credit metrics aimed at growing originations without adding risk as a larger effort to this end has slowed.

Large mortgage companies are targeting mergers and acquisitions as well as home equity lending in their 2025 business plans, Boston Consulting Group said.

An ex-Biden administration official suggested potential challenges in identifying lands that have access to both employment opportunities and infrastructure.

Rocket said the Redfin deal is part of a purchase mortgage strategy, but originating and retaining residential mortgages in portfolio is the real endgame writes the chairman of Whalen Global Advisors.

Measures of current sales of single-family homes and prospective-buyer traffic, dropped to their lowest levels since the end of 2023.

Companies are starting to leverage tools such as artificial intelligence and machine learning as part of the property valuation and review process.

Spending cuts at the Consumer Financial Protection Bureau are the latest in a rash of reductions at the agency, complicating the regulatory future.

Issuances fell in January for residential and multifamily segments, as concerns over available workers and future tariffs came to the fore.

After two consecutive quarters of profits, independent mortgage bankers lost money in the most recent period, for the ninth time in the last three years.

Mortgage originators are still struggling with profitability, and getting their income and costs to pencil out could mean the company's survival.

The average size of purchase applications fell below the $400,000 mark, reflecting first-time home buyer interest, the Mortgage Bankers Association said.

Three Democratic senators joined Republican colleagues to confirm the businessman, who previously voiced his support for easing government regulations.

The good news in the Consumer Price Index report has not carried over to the 10-year Treasury yield and thus mortgage rates, Freddie Mac found.

The top five banks had a combined wholesale volume of more than $20 billion at the end of 2024's fourth quarter.