Rising Lock Volume Suggests Housing Market Stabilization: Optimal Blue
Increase in lock volume for private lenders: December to January saw a 36% surge, fueled by a significant 38% rise in purchase lock volume. Gain insights from industry expert.
MBA reports January surge in mortgage credit availability.
"The Mortgage Credit Availability Index indicates a slight rise in conventional loan options, offering potential opportunities for private lenders in January."
Federal judge dismisses suit against UWM’s ‘All-In’ initiative.
A federal judge suggests dismissing the lawsuit against UWM's "All-In" initiative, citing lack of evidence to support the accusations. Ideal for private lenders seeking industry insights.
January reveals stagnant asking rents, according to Redfin report
As an industry expert, read about Redfin's analysis on apartment completions and stagnant asking rents in January. Keep up-to-date with real estate news for private lenders.
Reasons behind the influx of Gen Z migration to California
Private lenders may find it interesting that despite 215,000 movers leaving California in 2022, the state gained almost 44,000 Gen Z adults. Learn more.
DocuSign reduces workforce by 400 amid impasse in sale negotiations.
As a mortgage industry expert, I provide clinical news summaries. DocuSign, an e-signature company, laid off 6% of its workforce amid stalled sale talks, which may intrigue private lenders.
Insights from Two Harbors CEO on Strategic Origination Business
New business strategy aims to retain borrowers from servicing portfolio by capitalizing on interest rate drops, proving beneficial for private lenders.
Majority of Metro Areas See Home Price Increases in Q4 2023
Learn how the national median single-family existing home price increased by 3.5% to $391,700 in the past year. Find out more about home price gains in metro areas.
Fannie Mae expounds on adjustable rate mortgages for manufactured homes, extends cash-out refinance term.
Stay up-to-date with the latest changes in the mortgage industry. February Selling Guide now includes updated ARM rates and extended cash-out refi term for manufactured homes. Important information for private lenders.
Decline in NAR membership persists within mortgage industry
Summary: NAR membership dropped to its lowest level since May 2021, declining by 5.3% to 1.516 million in January. Private lenders may find this information relevant and insightful for industry analysis.