Fannie Mae’s chief economist: ‘We don’t expect spreads to come down anytime soon’

By: ameer@trustedteam.com

When mortgage rates blew past the 7% level earlier this year, the securitization market “froze up temporarily,” according to Doug Duncan, senior vice president and chief economist at the government-sponsored enterprise Fannie...

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Inventory growth slows even with higher rates

By: ameer@trustedteam.com

Last year, the seasonal peak for inventory was Oct. 28. Last week, according to Altos Research: Weekly inventory change (Sept. 29-Oct. 6): Inventory rose from  534,746 to 537,032 Same week last...

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UWM announces enhancements to dedicated loan coordinator service 

By: ameer@trustedteam.com

United Wholesale Mortgage, the country’s top mortgage lender, announced an enhancement to its PA+ service on Saturday, allowing brokers and their processors to choose which part of the loan...

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Ask the Expert: Will bad budgeting hinder my equity release application?

By: ameer@trustedteam.com

How will your bank statement impact an equity release application? Mark Gregory of Equity Release Supermarket has some good news for a reader who is worried about their monthly...

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Here’s how wholesale lenders and brokers are navigating near-8% mortgage rates

By: ameer@trustedteam.com

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack...

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Mortgage rates rise as honey badger labor market bites again 

By: ameer@trustedteam.com

The honey badger labor market woke up on Friday and chose violence, biting the legs of any job recession bear it could find. The first reaction from the bond...

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For different people, ‘aging in place’ may mean different things

By: ameer@trustedteam.com

A reverse mortgage is often touted as an efficient product that can help seniors to “age in place,” but the phrase itself may mean different things to different people....

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GSE loan buybacks “catastrophic” for some lenders, frustrated wholesale leaders say

By: ameer@trustedteam.com

Top advocates for the wholesale channel criticized the increased volume of loan buybacks from government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac amid a shrinking mortgage market.  In a session...

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Home affordability initiatives need to come at the fiscal level, says MBS Lives’ Matthew Graham

By: ameer@trustedteam.com

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Matthew Graham, chief operating officer at Mortgage News Daily, and CNBC's Diana Olick join 'The Exchange' to...

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Buying A Home In A Difficult Housing Market

By: ameer@trustedteam.com

October 6, 2023 Do you plan to buy a home in 2024? If you are currently planning and saving for your loan, you likely have seen headlines predicting a tough...

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