Home | National Mortgage News
4 days ago · News analysis and perspective from National Mortgage News, an award-winning comprehensive digital resource serving the entire residential mortgage industry.
Lower rates drive multifamily lending surge
Nov 8, 2024 · Multifamily volume grew 53% quarter over quarter and 56% on an annual basis, according to the Mortgage Bankers Association. Meanwhile, commercial real estate …
Fannie Mae's 2025 forecast turns bearish | National Mortgage News
Nov 21, 2024 · That is a significant revision in comparison to October's call for rates to be at 6% in the final three months of the year. The 30-year fixed rate average will moderate over the next …
Top 20 banks by retail mortgage volume in Q3
Dec 9, 2024 · The top five lenders in our ranking had an average retail mortgage origination volume of nearly $7 billion at the end of the third quarter. Most lenders saw an increase in …
Unpacking the drivers and costs of GSE repurchase demands
Dec 6, 2024 · The average cost for a loan seller to buy back a mortgage for defects is $32,288, with a request rate of 0.49% from Fannie Mae and Freddie Mac, Reggora said.
Inventory woes snag housing, lending growth
Oct 7, 2024 · Last week, Realtor.com found early-summer buyer interest stalled in September, while Fannie Mae observed similar trends. "A growing share are now pointing to high home …
Fed rate cut, industry lawsuits: Top mortgage news September 2024
Oct 9, 2024 · Mortgage rates continued to tumble closer to the 6% mark, even before taking into account the full impact of the 50 basis point cut in short-term rates by the Federal Open …
Anniemac hit with lawsuit after data breach
Nov 27, 2024 · The complaint, filed by Franklin Montenegro, a current Anniemac customer, comes shortly after the mortgage lender disclosed it was hit by a cyberattack, which exposed …
Mortgage default levels are providing a warning sign
Nov 22, 2024 · October's total delinquency rate — loans 30 days or more late but not yet in foreclosure — was 3.45%, the First Look report found. While that was down by 0.79% from …
Movement Mortgage hires new president, CFO
Nov 14, 2024 · Movement's new C-suite executive has three decades of leadership experience in the mortgage industry, previously holding senior positions at Stearns Lending, Caliber Home …