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Lock volume sinks as high mortgage rates crush refinancing activity
According to a report from Optimal Blue, total rate-lock volume in May decreased by 5.87%, driven by a drop in refinancing.
Mortgage credit availability rises to highest level in nearly three years
The Mortgage Credit Availability Index rose by 2.1% in May to a reading of 105.1, indicating that lenders loosened credit supply.
Legacy Group Capital expands consumer financing solutions
Legacy Group Capital’s new consumer solutions include a buy-before-you-sell solution, custom construction and renovation and remodeling.
FAR’s CMO on reverse mortgage industry headwinds, the role of market research
There is only so much the reverse mortgage industry can do about interest rates, but it has many marketing tools according to Chris Moschner.
Fannie Mae and Freddie Mac announce “Mission Index”
The GSEs announced a revamped “Mission Index” designed to update and expand their single-family social bond framework.
Judge sets pretrial deadlines in Texas Capital suit against Ginnie Mae
A magistrate judge set key deadlines in the TCB/Ginnie Mae suit, but several come in 2025 which may bring new government decision-makers.
Existing home sales show strength of demographics
Americans are buying more homes with mortgages in the years 2020-2021 than any single year from 2008-2019. The years 2022-2023 will be the sweet spot years because ages 30 to 31 will make up the biggest age group in history. HW+ Premium Content.
An inside look at local housing markets across the country
Local markets spotlights 5 different areas across the country, showcasing what is uniquely happening in those housing markets. HW+ Premium Content
Can @properties flourish outside Chicago?
@properties has taken the next step in its evolution – franchising. We sat down with CEO Thad Wong, who makes the case that its formula can work across America. HW+ Premium Content
