Refinance Applications Reach Highest Level Since August
Summary of recent data reveals a surge in refinance activity, reaching levels not seen since August 2022. Despite lower rates, many borrowers are not considering refinancing.
Analysis of Eminent Domain Displacement in Mortgage Industry
Discover the emotional toll of eminent domain on homeowners and the importance of procedural fairness in ensuring just outcomes for displaced individuals. Explore the critical need for reform in the housing industry.
Research shows that 33% of property managers provide concessions for rental housing properties.
Discover key insights into the current trends in the rental housing market and how property managers are offering concessions to tenants. Learn more.
Open Mortgage to Shift Focus to TPO After Closing Retail Channel
Stay informed on industry news: Open Mortgage closed its distributed retail channel, affecting LOs and support staff. Important for private lenders.
HomeServices’ commission lawsuit settlement receives preliminary approval from court
HomeServices of America receives preliminary approval for settlement agreement in home seller commission lawsuits, a win for private lenders.
loanDepot improves margins by selling MSRs in second quarter.
Discover how loanDepot, a California-based mortgage lender, navigated a cyberattack in January 2024 to reduce financial loss and increase volumes and margins.
Redfin CEO comments on current housing market conditions
Discover insights into the challenges facing Redfin and how the mortgage industry is adapting to a changing market landscape.
Mortgage executives remain cautious of lower rates and potential side effects
Stay informed about the impact of stock market volatility on mortgage rates and the economy. Get expert insights for private lenders here.
Climate change does not appear to be affecting migration patterns, reports Redfin.
Stay informed on how climate change is impacting high-risk areas and the potential risks for private lenders in the mortgage industry.
Are Further Decreases in Mortgage Rates Possible?
Stay informed on the latest industry news - mortgage rates dropped significantly last week, sparking curiosity about future decreases for private lenders.