Mortgage Mix: FHFA Drops Controversial Rule; LoanDepot Stock Jumps
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Tag: Mortgage Industry
Controversial Fee Changes and FHFA Rescission Stir Up Mortgage Landscape
How much buzz can a four-month-old announcement create? If it impacts the affordability of homeownership one way or the other: ...
Despite Losses, United Mortgage Keeps Positive Outlook
In line with housing market challenges and persistently high mortgage rates, United Wholesale Mortgage (UWM) reported a net loss of ...
Mortgage Rates Inch Down
The 30-year fixed-rate mortgage (FRM) averaged 6.35%, this week, down just a hair from 6.39% last week, according to the ...
Foreclosure Activity Declines Slightly in April
A total of 32,977 properties have foreclosure filings, down 10% from a month ago but up 8% from a year ...
Mortgage Applications Up This Week
Following a slight decrease of 1.2% last week, mortgage applications increased 6.3% from one week earlier, according to the latest ...
New Federal Mortgage Fees Help Some, Hurt Others
In January 2023, the Federal Housing Finance Agency (FHFA) directed Fannie Mae and Freddie Mac (the GSEs) to change the ...
Rocket Companies Reports Strong Results for Q1 2023
Despite continued market challenges—high mortgage rates, low inventory and high home prices—Rocket Companies’ executives reported “solid results” for Q1 2023. ...
Mortgage Mix: Rates and Applications Slide Amid Volatile Market
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Mortgage Rates Take a Dip This Week
The 30-year fixed-rate mortgage (FRM) averaged 6.39% this week, down slightly from last week’s bump up to 6.43%, according to ...
7 Potential Under-the-Radar Issues That Could Derail a Deal
When clients buy a home, under-the-radar issues often involve factors beyond cosmetic appeal, which can lead to significant financial and legal problems down the line. Read more.
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