Mortgages

Home buying demand propelled overall volumes to a third straight weekly gain, as refinances fell, the Mortgage Bankers Association said.

Slightly more than one-fourth of borrowers with it experienced pandemic-related challenges, the Mortgage Bankers Association found.

While becoming more popular in the past year as mortgage rates have increased, the differential is small between those that did and didn't pay points for a permanent buydown, Freddie Mac said.

The real estate markets where prices are expected to rise the most this year will see an average increase of 5.14%.

In the quarter, 80% of the homebuilder's mortgage customers used the rate buy-down incentive, the company said on a call with analysts.

Though the rate of growth for these conversions has slowed due to higher financing costs and long lead times associated with zoning and permitting, the trend is here to stay.

Fannie Mae claims its pilot program, which the loan origination system is utilizing, has aided over 5,000 mortgage applicants in the past two years.

Its January forecast reverses the call first made in April 2022 that the U.S. economy would slip into an extended downturn.

The prepayment metric on the single-family issuer operational performance profile had been displaying outdated information.

The number of homeowners spending more than 30% of income on housing costs jumped 18% from pre-pandemic 2019, according to a new Harvard analysis.

The defendants are seeking more detailed information about what the bureau found as far as the extent of the alleged staff licensing violations.

With many already living in aging properties, the millennial generation could be stuck with the costs, a Leaf Home/Morning Consult survey claimed.

Timothy Harleth is launching Generational Equity Labs, a fund that plans to use a technology platform linking would-be homebuyers to institutions to support equity sharing.

Marshall is handing his role as president at the mortgage firm to another industry veteran but plans to retain some involvement with its new MSR fund.

The House Ways and Means Committee is marking up the bipartisan legislation that would restore a 12.5% boost to the program's availability.

A common concern in housing finance reactions has been the lack of accommodation for strategies routinely used to manage credit, rate and liquidity exposures.

Bidding wars are also coming back into play in several markets across the country, with the Northeast, in particular, seeing increased activity, according to Redfin.

Contract closings decreased 1% from a month earlier to a 3.78 million annualized rate, according to National Association of Realtors data released Friday.

"Someone somewhere has not taken a victory lap for the work that has been done to rehabilitate the enterprises." Priscilla Almodovar said in a Bloomberg interview.

Sekisui House Ltd. announced a $4.9 billion agreement on Thursday to buy MDC Holdings Inc., ikely the biggest U.S. purchase of a homebuilder by a Japanese company.