In a bit of a surprise, to me anyway, treasuries followed up good days yesterday with bullish gap openings this morning. Processing Content Yesterday’s opening trades were the high yields for the day while the low yields were printed in the last 15 minutes. The 30-year finished the day with a bullish outside reversal and […]
Treasury yields plunge, dollar hits key technical targets Read More »
President Donald Trump wants to ban big investors from buying more houses. Some local governments are already on the case – and Atlanta is ground zero. Processing Content The Atlanta area has the highest share of corporate-owned single-family rentals in the US, and that’s spooked many locals. Residents fume about the impact on prices. Politicians
Trump plan to improve home affordability faces test in Atlanta Read More »
Key insight: The House is poised to pass a housing affordability package with wide bipartisan margins. What’s at stake: The House bill contains a number of community bank provisions that are absent from the Senate version of the bill. Forward look: Warren’s opposition to those riders will make passage in the upper chamber more challenging,
Housing bill passes House with community bank riders Read More »
Key insight: The CFPB’s leadership cited ongoing litigation as the reason for not cooperating with the Government Accountability Office. Supporting data: The GAO reiterated what was found in court documents, finding that the CFPB had planned to fire 88% of the staff. Forward look: A federal appeals court will hear oral arguments in late February
CFPB blocks GAO investigators in layoff report Read More »
The government-sponsored enterprises’ move toward buying mortgage-backed securities to lower rates in the near term has raised questions about whether it diverts attention from broader reform efforts. Processing Content The answer appears to be that MBS buying could add to capital challenges at the margins, but ultimately it doesn’t do much to change the big
What Fannie Mae, Freddie Mac MBS purchases mean for reform Read More »
Real estate brokerages will shell out another $42 million to home sellers and their attorneys to settle lingering antitrust litigation related to the massive National Association of Realtors case. Processing Content A federal judge last week granted final approval to settlements by eight brokerages, funds which could reach upwards of 2.6 million consumers, according to
NAR antitrust cases net sellers another $42M Read More »
Rate and Alianza have entered a multi-year collaboration that names Rate the official mortgage lending partner of Alianza, a grassroots soccer platform serving Latino communities across the United States. The agreement follows a pilot partnership in 2025 and will run through the 2026 and 2027 seasons, a release from Rate confirmed. Activations are planned across
Rate partners with Alianza to expand bilingual mortgage education Read More »
For builders, particularly in the Sun Belt, the challenge from the get-go in 2026 will be to work through surplus entry-level inventory. As monthly-payment affordability pressures from high mortgage rates and home prices plague first-time buyers, solving this supply imbalance will only occur gradually. The wait, however long, will be both a test of patience
Barrier to entry: builders’ first challenge is to work through a glut Read More »
A proposal to replace the longstanding tri-merge credit report with a single-file model has reignited debate over borrower costs and systemic risk, placing trade associations on opposing sides. Supporters argue a single pull would encourage more predictive credit data and reduce systemwide costs without materially increasing risk in some cases, noting that mortgage servicing rights
Single-file credit proposal reignites debate over savings vs risks Read More »
NEXA Lending CEO Mike Kortas is in the process of acquiring several shell companies to build joint ventures, he said in an exclusive interview with HousingWire on Monday. “They are for multiple JVs with large teams, agencies, builders and strategic partnerships,” Kortas said without providing details on each transaction, which he said will be announced
NEXA Lending CEO Mike Kortas explains why he’s buying shell companies Read More »