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Study: Mortgage lenders lag on compliance as tech evolves rapidly
Some lenders reportedly received up to 1,700 regulatory alerts in 2024, with 25% of them having a direct business impact.
Fannie Mae’s forecast for 2025 home sales, GDP growth just got a bit sunnier
The 30-year fixed-rate mortgage rate is now projected to end 2025 at 6.1% and decline further to 5.8% by the end of 2026.
Purchase applications see 16 weeks of positive YOY growth
What accounts for the 16 straight weeks of positive year-over-year data that we see in purchase apps today?
Housing Market Tracker: Inventory falls even lower
Active housing inventory fell 5,383 last week and new listing data is still trending at all-time lows in 2023.
Wells Fargo is selling a $50B package of MSRs
Wells Fargo has finalized the sale of a $50 billion block of mortgage-servicing rights (MSR), a deal that is expected to close later this year, according to bank officials.
Opinion: PMI is good for first-time buyers and housing finance system
At a time when the banking system is making headlines, housing finance regulators should appreciate the strength, stability and resilience of the conventional mortgage market backed by private mortgage insurance.
