HW+ provides career-making insights and analysis for those in Mortgage, Real Estate and FinTech. This long-form digital content provides members with news nowhere else and digs deeper into the “why” behind the daily news cycle. To join the HW+ community, click here.
Which state has the highest share of all-cash homebuyers? It might surprise you
West Virginia had the highest share of cash home purchases at 41.4%, followed by New York (40.4%) and Delaware (38.9%).
HUD blames Biden for lapse of emergency housing voucher funding
Communities nationwide are aiming to find a path forward since EHVs are expected to lapse in 2026. HUD blames the Biden administration.
Mortgage rates haven’t frozen the spring housing market
In the short term, tariffs and inflation are likely to impact mortgage rates, which have stayed above 6.5% for 30-year loans since October.
MSR sales played a key role in nonbank profits in Q1
A strong market for mortgage-servicing rights (MSRs) helped to buoy the profitability of at least two major nonbank lenders.
MSR offerings selling like hotcakes so far in Q2
The mortgage-servicing rights market went on a tear at the start of 2022, and that hot streak has continued into the second quarter.
Risk of mortgage fraud is on the rise in the current market
The extent of the mortgage-fraud problem and its national reach can be gleaned from DOJ press releases.
