Rithm drops Onity as subservicer on $33B portfolio

By: ameer@trustedteam.com

Rithm Capital will no longer use Onity Group’s servicing subsidiary, PHH Mortgage Corp., as the subservicer of a $33 billion portfolio primarily composed of pre-2008 loans — ending an...

Read More

How Terre Haute market defies trends with faster sales and price gains

By: ameer@trustedteam.com

erre Haute housing market speeds up with homes selling in 42 days and median price rising 11.5%, outpacing Indiana and national sales pace.

Read More

Pending home sales inch up as buyers stay wary, says Redfin

By: ameer@trustedteam.com

Home sales stayed sluggish even as mortgage rates dipped to a yearly low

Read More

Fed’s blind spot: Shutdown leaves labor market in the dark, complicating mortgage outlook

By: ameer@trustedteam.com

With official data missing, the Fed and markets are flying blind on jobs and rates

Read More

Home prices surge in majority of US metro markets

By: ameer@trustedteam.com

Most US metro areas saw home prices rise in Q3, but affordability remains a challenge

Read More

US household debt hits record $18.6 trillion as mortgage delinquencies stabilize

By: ameer@trustedteam.com

Americans’ debt reached a new high, but mortgage delinquencies stayed in check

Read More

UWM announces most originations in a quarter since 2021 in Q3

By: ameer@trustedteam.com

Refis also surged as rates dropped in the third quarter

Read More

Pelosi announces retirement: Her impact on US housing policy

By: ameer@trustedteam.com

Pelosi advocated for several housing-related issues, including during 2008 financial crisis

Read More

How temporary buydowns are bringing hesitant buyers into the market

By: ameer@trustedteam.com

One industry veteran discusses buyer hesitancy and how to help customers overcome it

Read More

As Congress continues to do nothing, brokers battle to keep loans moving

By: ameer@trustedteam.com

While Congress continues to get paid to not work, mortgage brokers work to help furloughed workers, rural borrowers

Read More