ICE says property insurance costs rose at a record rate in 2024Homeowners are increasingly switching insurance providers and taking on higher deductibles to manage rising costs.
Freddie Mac reports strongest earnings since 2021Freddie Mac significantly increased its loan acquisitions and mortgage-backed securities issuance in 2024, benefiting millions of families in the housing market.
Slightly lower mortgage rates fuels strong refi activityMortgage applications surged due to lower rates, with refinancing up 10% and average loan sizes hitting record levels.
Freddie Mac reports strongest earnings since 2021Freddie Mac significantly increased its loan acquisitions and mortgage-backed securities issuance in 2024, benefiting millions of families in the housing market.
Slightly lower mortgage rates fuels strong refi activityMortgage applications surged due to lower rates, with refinancing up 10% and average loan sizes hitting record levels.
The upcoming housing battle that could roil mortgage costs even moreThe new Trump administration aims to remove Fannie Mae and Freddie Mac from government control, impacting the mortgage market significantly.
Mortgage Regulators Are Shrugging Off Climate Risk. It Could Cost Taxpayers Billions.Rising sea levels and climate change are diminishing property values in vulnerable areas, threatening the stability of Fannie Mae and Freddie Mac.
If the GSEs exit conservatorship, what's the impact on mortgage servicers?The Trump administration's efforts to remove GSEs from conservatorship may face challenges and take considerable time.The outcome of GSEs exiting conservatorship may depend heavily on tax cuts and government financial strategies.
Fannie Mae's chief economist forecasts his own retirementDoug Duncan, chief economist of Fannie Mae since 2008, will retire on Sept. 22, 2023; Mark Palim will succeed him.
The upcoming housing battle that could roil mortgage costs even moreThe new Trump administration aims to remove Fannie Mae and Freddie Mac from government control, impacting the mortgage market significantly.
Mortgage Regulators Are Shrugging Off Climate Risk. It Could Cost Taxpayers Billions.Rising sea levels and climate change are diminishing property values in vulnerable areas, threatening the stability of Fannie Mae and Freddie Mac.
If the GSEs exit conservatorship, what's the impact on mortgage servicers?The Trump administration's efforts to remove GSEs from conservatorship may face challenges and take considerable time.The outcome of GSEs exiting conservatorship may depend heavily on tax cuts and government financial strategies.
Fannie Mae's chief economist forecasts his own retirementDoug Duncan, chief economist of Fannie Mae since 2008, will retire on Sept. 22, 2023; Mark Palim will succeed him.
Bank of America mortgage origination volume declines 7% in Q3Bank of America experienced a decline in mortgage production despite falling interest rates, which benefited competitors like Wells Fargo and JPMorgan Chase.
Why thousands of homeowners are about to get slammed with higher monthly paymentsARM loans with low initial rates can lead to significant payment increases after the fixed period ends, impacting homeowners when rates rise.
Homeowners with ultra-low mortgage rates 'saved' $600B, offset Fed hikes: Swiss Re InstituteThe mortgage lock-in effect has led to substantial savings for borrowers, aiding consumer spending despite rising interest rates.
How non-QM loans boost mortgage originator for success in 2025The current mortgage market faces significant challenges, with rising interest rates and limited affordability affecting potential homeowners.
Originators cannot afford to play the interest rate waiting gameOriginators must seek innovative ways to serve borrowers and grow business in a competitive mortgage market with high prices and interest rates.
Bank of America mortgage origination volume declines 7% in Q3Bank of America experienced a decline in mortgage production despite falling interest rates, which benefited competitors like Wells Fargo and JPMorgan Chase.
Why thousands of homeowners are about to get slammed with higher monthly paymentsARM loans with low initial rates can lead to significant payment increases after the fixed period ends, impacting homeowners when rates rise.
Homeowners with ultra-low mortgage rates 'saved' $600B, offset Fed hikes: Swiss Re InstituteThe mortgage lock-in effect has led to substantial savings for borrowers, aiding consumer spending despite rising interest rates.
How non-QM loans boost mortgage originator for success in 2025The current mortgage market faces significant challenges, with rising interest rates and limited affordability affecting potential homeowners.
Originators cannot afford to play the interest rate waiting gameOriginators must seek innovative ways to serve borrowers and grow business in a competitive mortgage market with high prices and interest rates.
How will mortgage rates respond as tariffs and inflation loom large?The mortgage lending environment is expected to improve despite uncertainties in the labor market and potential trade tariffs.
Industry experts closely watch ARM resets amid higher rate environmentARMs comprise 5% of the single-family mortgage market with potential default risks, but current risks are not as severe as during the 2008 crisis.
Inflation Drops Again in June, Clearing the Path to a Fed Rate Cut This Fall-and Relief for HomebuyersU.S. annual inflation at lowest in over three years, indicating possible September interest rate cut for mortgage market relief.
How will mortgage rates respond as tariffs and inflation loom large?The mortgage lending environment is expected to improve despite uncertainties in the labor market and potential trade tariffs.
Industry experts closely watch ARM resets amid higher rate environmentARMs comprise 5% of the single-family mortgage market with potential default risks, but current risks are not as severe as during the 2008 crisis.
Inflation Drops Again in June, Clearing the Path to a Fed Rate Cut This Fall-and Relief for HomebuyersU.S. annual inflation at lowest in over three years, indicating possible September interest rate cut for mortgage market relief.
Rising house prices force new home buyers to borrow 65,000 more than four years agoAverage mortgage values are at record highs amid a property shortage.First-time buyers are borrowing significantly more than in previous years.
Are you prepared to respond as borrower demand shifts?The Federal Reserve's interest rate cut impacted refinance applications but caused rates to quickly rise again, highlighting market volatility.
Chinese factories and economists warn over threat of Trump tariffs to start new year business liveUK house prices increased for four consecutive months, reaching 269,426 in December 2024, with an annual growth rate of 4.7%.
Rising house prices force new home buyers to borrow 65,000 more than four years agoAverage mortgage values are at record highs amid a property shortage.First-time buyers are borrowing significantly more than in previous years.
Are you prepared to respond as borrower demand shifts?The Federal Reserve's interest rate cut impacted refinance applications but caused rates to quickly rise again, highlighting market volatility.
Chinese factories and economists warn over threat of Trump tariffs to start new year business liveUK house prices increased for four consecutive months, reaching 269,426 in December 2024, with an annual growth rate of 4.7%.
Mortgage applications drop over MLK holiday, inauguration weekMortgage application volume has dropped significantly, affected by declining refinance activity amid stable mortgage rates.
COO Rob Pieklo describes AFR's competitive edge in ten minutesAFR aims to enhance its wholesale lending strategy to capture more market share in a competitive mortgage landscape.
loanDepot's Dan Hanson on pursuing acquisitions as an IMBMergers and acquisitions offer growth opportunities for mortgage company owners facing a challenging market.Mortgage company owners need to assess profitability and market conditions to decide on selling their business.
Trump reportedly explores overhaul of banking regulatorsTrump's transition team is considering significant structural changes to bank regulations that may affect the mortgage market.
After industry criticism, FHFA revises changes to Suspended Counterparty ProgramThe FHFA revised its proposal on the Suspended Counterparty Program to be less severe after industry concerns over potential impacts on the mortgage market.
Trump reportedly explores overhaul of banking regulatorsTrump's transition team is considering significant structural changes to bank regulations that may affect the mortgage market.
After industry criticism, FHFA revises changes to Suspended Counterparty ProgramThe FHFA revised its proposal on the Suspended Counterparty Program to be less severe after industry concerns over potential impacts on the mortgage market.
Getting back to basics: Creating success in today's marketSuccess in the mortgage market requires adaptability and a commitment to organization and productivity.Top performers distinguish themselves through consistency and streamlined processes.
loanDepot returns to profitability, announces new strategic planloanDepot achieved profitability in Q3 2024 after 11 quarters of losses, driven by cost reductions and increased refinancing activity.
That'll do: Average IMB posts net profit of $693 per loan in Q2 2024IMBs report a pre-tax net profit of $693 per loan in Q2 2024 after two years of losses.
loanDepot returns to profitability, announces new strategic planloanDepot achieved profitability in Q3 2024 after 11 quarters of losses, driven by cost reductions and increased refinancing activity.
That'll do: Average IMB posts net profit of $693 per loan in Q2 2024IMBs report a pre-tax net profit of $693 per loan in Q2 2024 after two years of losses.
The financial markets are freaking out. That should be good for mortgageFears of U.S. recession impact global markets but benefit U.S. mortgage market with interest rate declines and spread tightening.
With elections ahead, housing policy analysts discuss the end of GSEs' conservatorshipBiden administration may focus on affordability over ending GSEs' conservatorship; Trump administration likely to make serious efforts towards ending conservatorship.