Analysts have largely forecast political inaction on an additional public offering for Fannie Mae and Freddie Mac until after the midterms, and one recently said odds are the wait could be longer. Processing Content Mizuho initiated coverage of both government-sponsored enterprises with a $10 price target for Fannie and $9 for Freddie. It forecasts two […]
Fannie, Freddie investors risk ‘zero earnings’ through ’33 Read More »
Top-tier 30-year fixed rates are back above 6.5% today for the first time in more than a month for the average lender. Many lenders raised rates during the course of the day as well. Those who didn’t will likely have to raise rates tomorrow unless the underlying bond market makes a significant recovery overnight. Rates
Highest Rates in More Than a Month Read More »
Chase Home Lending is offering a mortgage rate discount for the next two weeks to boost activity in the second half of the spring homebuying season. Processing Content The promotion offers rate cuts of as much as 25 basis points, depending on product and location, on new-home purchases as well as rate-and-term and cash-out refinance
Chase Home Lending offers temporary mortgage rate discount Read More »
Home Equity Conversion Mortgages endorsements fell for the second month in a row in April, although trends show proprietary reverse products are now filling some of the void. Processing Content Endorsements of the Federal Housing Administration-backed product dropped 1.4% between February and March to 2,088 loans from 2,117, maintaining a slowdown that appeared in the
HECMs lose ground to proprietary reverse products Read More »
Looking to buy a home this season? Here’s what you should know. Buyers have more leverage today than they’ve had in years. There are more homes to choose from and, in many areas, sellers are more open to negotiation. But that doesn’t mean competition is gone completely. These days, it varies a lot depending on
4 Ways To Give Your Offer an Edge This Spring Read More »
Photo by AJ Canaria for HousingWire The Gathering Right now, the real estate industry is consumed by consolidation, capital and the next big brokerage model. Century 21 CEO Mike Miedler is focused on a more grounded question: Who will be sitting across the kitchen table from tomorrow’s homebuyer? For Miedler, the answer is not just
Stanley Martin Homes announced on Monday that its $221 million, all-cash acquisition of United Homes Group Inc. had closed, immediately scaling its presence in several of the Southeast’s fastest-growing housing markets. With the deal, which was first announced in February, United Homes becomes a wholly owned subsidiary of Stanley Martin, and its common stock has
Stanley Martin closes on its $221M United Homes acquisition Read More »
Roman Ramora has joined eLEND as chief technology and innovation officer, moving into the newly expanded role effective May 4, 2026. In the C-suite position, Ramora will lead eLEND’s technology strategy, including the buildout of its digital lending platform and broader innovation roadmap, the company announced. eLEND, legally known as American Financial Resources (AFR), is sharpening its
eLEND hires Roman Ramora as chief technology and innovation officer Read More »
U.S. reverse mortgage endorsements declined slightly in April as proprietary products continued to gain traction in parts of the market, according to data released on May 1 by Reverse Market Insight (RMI). Home Equity Conversion Mortgage (HECM) endorsements fell 1.4% from March to 2,088 loans in April, reflecting continued pressure on the government-backed reverse mortgage
April HMBS issuance rises to $525 million, HECM dips Read More »
A new advisory group focused on high-net-worth real estate clients has launched within Compass, expanding an existing network designed to serve family offices and multi-generational wealth portfolios. The initiative — called the Family Office Team — was founded by agent Cindy Scholz and builds on the firm’s existing Family Office Division, which provides access to
Compass agent launches Family Office Team, expands advisory model Read More »