Mortgages

This group is decidedly less ambivalent about the housing market — and saving and investing — than their millennial brothers and sisters.

The number of loans with payments 90-plus days late but not in foreclosure has fallen below 1 million, but the total is still double pre-pandemic levels, according to Black Knight’s measure.

The researchers found that the disparities that emerged from the analysis of 1.8 million appraisals from 2019 and 2020 were statistically significant.

It’s not just potential buyers and sellers holding this perception; over four-in-10 real estate agents agree with that sentiment.

Treasury dealers and investors are busy trying to predict exactly when the Federal Reserve might pull the trigger on cutting the size of its balance sheet and how big that drawdown could be when it does.

The mortgage industry has long sought a reduction, which could make homes more affordable to entry-level buyers with limited incomes, but such a measure also would limit the agency’s claims-paying resources.

The residential market is generally healthy, but distress is growing in areas where foreclosures are more common, homes are less affordable, and more properties are underwater, Attom finds.

All major averages have risen to start 2022, with the 15-year surpassing the ARM.

December's average balance for a mortgage to purchase a newly constructed property set an all-time high, the Mortgage Bankers Association's Builder Application Survey found.

Contract closings decreased 4.6% in December from the prior month to an annualized 6.18 million, figures from the National Association of Realtors showed Thursday.

KKR & Co. is acquiring a lending platform that caters to home-flippers, giving the investing giant an opportunity to eventually invest $1 billion a year in small real estate loans.

Influencer loan officers are aiming to reach the largest emerging group of homebuyers, one super-short video at a time.

Home valuation professionals have had mixed feelings about automation out of concern that some forms could result in less accurate assessments.

The new offering’s loan structure is designed to hedge against digital currency's price volatility.

Modest reductions were made to the 2021 and 2022 outlooks, although the government-sponsored enterprise did boost purchase expectations for this year.

But a surge in purchases led overall mortgage volumes to a weekly gain and pushed average loan size to a new record.

The remaining 705,000 borrowers with pandemic-related payment suspensions may have complex or recent hardships to sort out, but the majority who had plans have exited them.

New U.S. home construction unexpectedly strengthened in December to the fastest pace in nine months, led by apartment projects and suggesting builders found some success navigating shortages of materials and labor.

The settlement is a reminder that officials who oversee the loan officer licensing system do actively police the fulfillment of professional requirements by loan officers.

The equity commitment by M&G Investments adds to signs that the MSR market is heating up as mortgage rates rise and some buyers have become more confident in their prepayment rate projections.