Bright MLS: Inventory Up Nearly 15% In Mid-Atlantic Region In April
Rising inventory is driving up home prices and transaction activity in the Washington D.C. metro area.
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Ryan Kingsley
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Funded Mortgage Volume Up 7% Annually In April
Funded volume across all channels hit $45 billion in April, up from $41 billion in March and $42 billion during the same period last year.
loanDepot Reports Eighth Consecutive Quarterly Loss
Originator reports a quarterly net loss of $72 million on revenues of $223 million as first-quarter origination volume declines 8% year over year.
Former Better.com Executive Ends Whistleblower Lawsuit
After a series of legal setbacks, Sarah Pierce dismisses remaining claims of retaliation and defamation.
Automation Attracts Investors Who Love Homogenous Loan Pools
Human-free underwriting promises to expand primary and secondary, non-agency markets
Mortgage Banker Magazine
Make More Money In Any Market
At Geneva Financial, profits are in the hands of the producers
NMP MAGAZINE
Redfin: Median Monthly Payments Reach $2,890 In April
Rising home prices and mortgage rates pushed monthly payments up 15% last month, year over year.
Home Price Appreciation Accelerates In February
The latest CoreLogic S&P Case-Schiller Index shows home prices remain resilient amid higher borrowing costs.
Non-QM Delinquencies Continue Upward Trend For 2023-Vintage RMBS
Bank statement loans a particular area of weak loan performance, Fitch data show.
2023: A Terrible, Horrible, No Good, Very Bad Year For Mortgage Bankers
If 2022 was bad, more expenses, fewer sales, and thinner margins in 2023 makes 2024 a make-or-break year for many.