2025 Contracts Investors Mortgage 
Housing Wire
DECEMBER 6, 2023
Pennymac Financial Services is the latest mortgage company to issue debt in a challenging housing market. Proceeds from the offering will be used to repay a portion of the Company’s secured term notes due 2025 and for other general corporate purposes,” Pennymac said in an 8-K filing with the Securities and Exchange Commission (SEC).
Housing Wire
MARCH 5, 2024
“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. A little more than two months into the year, however, mortgage rates are the highest they’ve been as the U.S. economy remains hot.
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Housing Wire
JUNE 13, 2023
Atlanta-based Equity Prime Mortgage (EPM) has decided to focus its investments on the wholesale channel amid the most challenging mortgage market in decades. Meanwhile, with competitive pricing, United Wholesale Mortgage (UWM) reached an estimated 54% market share at the end of 2022. “Wholesale is growing. in 2014. .
Housing Wire
JULY 17, 2023
The market was roaring — way too hot — with bidding wars, speculators and investors who thought they couldn’t lose. In the fall of 2022 after mortgage rates jumped to 7.5%, I thought maybe we’d missed the soft landing call. We could see inventory from distressed sellers emerge in 2025. This is what a soft landing looks like.
Housing Wire
JANUARY 18, 2024
Our recent acquisition of assets from Evolve mortgage, SigniaDocuments, include its SMART Doc engine and whole set of docs for mortgage, including HELOCs. We expect things to pick up this year, but certainly 2025 should be a great year so ’24 is that bridge year.
Will Springer Realtor
MAY 14, 2024
Even after a few weeks of mortgage rate jumps, the Seattle/King County housing market is displaying surprising strength. Pending sales (sellers in contract with buyers) climbed 14% year-on-year (YoY) for King (2775) and Seattle (1012); they are up 23% YoY on the Eastside (865). Prices rose, too, to near-record highs. annualized.
Will Springer Realtor
SEPTEMBER 12, 2023
The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. The number of homes going under contract – known in the industry as Pending sales – fell to 2340, an August figure not seen in King since 2010 when there were only 1580 in the heart of the housing crisis. There are 7.4%
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