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Florida theme parks creating more housing for employees

Housing Wire

For Universal Studios employees, the owners of the park are seeking to construct a 1,000-unit mixed-use development slated to open in 2026 that would promise a short commute to the Universal Orlando Resort, which is also aiming to open a full-scale third theme park called “Epic Universe” next year. “To

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As mortgage biz suffers, Blend sees unified banking platform as the key to growth

Housing Wire

To reach a key financial goal in 2026, Blend Labs plans to diversify far beyond mortgage. Blend Builder – an initiative that started about four years ago and launched in March 2023 – is a cloud banking platform designed to help businesses in the financial services industry streamline processes for mortgages, loans, deposits and accounts. “We

Mortgage 385
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Mr. Cooper moves closer to $1 trillion MSR portfolio target

Housing Wire

Mr. Cooper is paying $324 million in cash and assuming $500 million in outstanding Home Point 5% senior notes due in February 2026. “The Our asset management strategy is designed to make these yields available to institutional investors while continuing to grow our customer base and operational scale,” Marshall said.

Investors 370
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FHFA Releases GSEs’ Equitable Housing Finance Plans for 2022-2024

Appraisal Buzz

The plans are designed to complement the initiatives outlined in FHFA’s Strategic Plan: Fiscal Years 2022–2026, that promote Fannie Mae and Freddie Mac’s safety and soundness and foster housing finance markets that provide equitable access to affordable and sustainable housing.

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UAD Redesign Timeline

Appraiserblogs

Appraisers, to see more about the upcoming new UAD currently in design, read the Updated Timeline link in the message below. My concern at this point is ‘training’ materials will be available in Q4 2024, but actual implementation of the ‘new reporting process’ won’t begin until Q3 2025 with limited production, into 2026.

Training 110
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UWM’s Matt Ishbia on future of the broker channel

Housing Wire

According to Ishbia, lenders leaving the space have no impact on his forecast for the wholesale channel to achieve 33% market share by 2026. It’s not designed for competitors to like me,” he said. “The company suspended new loan submissions at 5:00 PM EST on September 27, but it will honor all existing policies and procedures. .

Business 359
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The Fed pauses its rate hikes for now, will it last?

Housing Wire

Raising interest rates is designed to tackle those still-high prices outside of the volatile food and energy sectors. next year and to reach 2% in 2026, he added. Inflation picked up to 3.7% in August, down significantly from where it was a year ago but still higher than the 2% threshold. at the end of this year to 4.1% this year, 2.5%