“Two Harbors Gearing Up to Debut Origination Channel in the Next Quarter”
The REIT is developing a proactive approach to maintain its client base in the event of a decline in mortgage rates.
“Exploring Angel Oak Mortgage Solutions’ Innovative Approach to HELOCs”
The lender specializing in non-qualifying mortgages is introducing a new bank-statement product. This innovative offering is designed to assist borrowers in tapping into their substantial equity.
“Home-based Care: A Preferred Choice for Successful Aging in Place”
The preference for in-home healthcare is gaining popularity amongst America’s senior citizens, where their required care doesn’t pose restrictions.
“Corcoran Group Expands Leadership Team with New SVP of Global Development”
Scott Mitchelson will be at the helm of the company’s endeavors to expand their brand both domestically and internationally.
“First Financial Bank Commits to $700M Investment in Affordable Mortgages by 2028: A New Era for Home Ownership”
The National Community Reinvestment Coalition has struck a deal involving a capital injection worth $2.4 billion.
“Rise of Homebuyer Assistance Programs: A Reflective Look at the Surge to 2,300 in 2023”
Around 75% of functioning homeownership schemes were associated with aid for down payments and the overheads of closing deals.
“Shifting Dynamics in the Mortgage Servicing Rights Market: A Comprehensive Analysis”
As we welcome 2024, the market for mortgage-servicing rights (MSR) continues to demonstrate strength. While forecasts suggest a modest downturn compared to 2023, the industry is anticipated to maintain solid trading activity throughout the year. Market experts project that, similar to the past three years, 2024’s trading volumes will approach the significant milestone of $1 trillion.
“Understanding the November Surge in Home Prices amidst Rising Mortgage Rates”
In the latter part of 2023, the value of homes in the U.S. continued to display significant strength. The National Home Price Index, as per S&P CoreLogic Case-Shiller, exhibited an annual surge of 5.1% in November, which is an improvement from the 4.7% uptick seen in October. Concurrently, both the National Index and the 10-City Composite saw a modest increase of 0.2% on a month-over-month basis, whilst the 20-City Composite also reported rises.
“Mr. Cooper’s Subsidiary Set to Issue an Astounding $1B in Debt: A Comprehensive Review”
Nationstar Mortgage Holdings has announced plans to release senior notes that will mature in 2032 with a yearly interest rate of 7.125%.
“Unveiling the Unexpected: First Decline in Home Sale Profits in Years”
Recent statistics indicate a minor decline in the average return on investment (ROI) for residential property sales last year. This dip raises questions about whether it is indicative of a developing pattern or merely a minor fluctuation. Furthermore, it opens up a dialogue about the best avenues for investors to channel their resources now.