Current stress is leading to the bank moving to sell some of its assets to improve its capital position.
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National appreciation of 3.9% in 2023 was a return to the pre-pandemic average
The February Selling Guide updates the GSE’s qualifying ARM interest rate and adds 10 years to the cash-out refi term for manufactured homes.
A coalition of 32 housing groups released its “Blueprint 2024” document that outlines potential actions for the agencies’ Duty to Serve plans.
Independent mortgage lender Embrace Home Loans has promoted Ryan “Buddy” Hardiman to the position of president.
Iconic estate ‘La Dune’ sold at live auction for $88.48 million marking the first time a property was sold in a Sotheby’s art auction.
But the New York-based REIT sustained a net loss of $87.5M in the final quarter of the year
Former EQA Mortgage president brings his expertise to Summit Funding’s dedicated non-QM division
NAR membership fell to 1.516 million members in January, its lowest level since May 2021, marking a 5.3% decline from its all-time high.
Fueled by increased confidence in job security, consumer housing sentiment reached its highest level since March 2022.
New Census Bureau data shows how drastically housing inventory has changed since 2020, while data from Altos Research offers insights on where it goes from here.
Mortgage demand picked up last week as lower interest rates steered homebuyers and refinance applicants back into the market.