Mortgage
HousingWire’s mortgage news coverage spans the market and includes the coverage you need, from what your competition is doing to how they’re performing and what their future plans may be to the expert and analyst forecasts for how this unusual housing market will pan out in 2023 and beyond.
And, given the current state of the housing market, which is unlike anything we’ve ever seen, it may be more important than ever to have a pulse on the latest industry news so you can pivot when new information indicates that you should. The HousingWire mortgage news coverage can equip you with the latest information you need in order to make the most informed decisions possible. If you want the latest in leading news to be delivered to your inbox on a daily basis, sign up here.
The latest mortgage news
December 2022 — The entire economic landscape, including mortgage rates, has changed recently, starting with the Fed’s talking points in early December. The honey badger labor market is still going strong, as we got another solid jobs report, which pushed bond yields higher at first. However, the way the day ended showed that change is coming.
As housing market analyst Logan Mohtashami wrote for HousingWire, “We now have a better idea of what the Federal Reserve wants to do with their Fed rate hikes, and we have a lot of data that shows that the economy will look different 12 months from now. This will be important to think about going into 2023, especially if the labor market does what the Federal Reserve wants it to do, which is slow down enough to create a job loss recession.”
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University Bank adds four reverse mortgage veterans to its HECM division
Jan 10, 2024University Bank added four people to its reverse mortgage division, including a regional manager, loan officers and an account executive.
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Pennymac pulls back on 2021 plan to hire 300+ workers in North Carolina
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Guild asks judge to confirm $10.7M award in poaching dispute against ex-employees
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Mortgage demand picks up again: MBA
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HUD watchdog makes 35 recommendations to shore up issues
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Mr. Cooper names former Wells Fargo, JPMorgan exec Mike Weinbach as president
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How Rocket Pro TPO plans to court more brokers in 2024
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HUD announces funding opportunity for more than $40M in housing counseling grants
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Reverse mortgages could be a long-term care option: Kiplinger
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Mortgage Educators and Compliance acquired by 360training
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Home-equity lending blossomed in 2023
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