Housing Wire

DECEMBER 11, 2023

A top-tier borrower with a 780 FICO score and a 25-30% down payment for a single-family vanilla 30-year fixed-rate mortgage was quoted 6.875% on Thursday, said Larry Steinway, senior vice president of mortgage lending and branch manager of Revolution Mortgage. “We We are definitely seeing an uptick in demand. in 2024, followed by 5.5%

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Housing Wire

APRIL 15, 2022

in 2026 — compared with 17.5% For workers 75 and older, the participation rate in 2026 is projected to be 10.8%, compared with 4.7% And, as we’re seeing more and more, it’s usually not just one company doing one thing, but rather multiple companies relying on partnerships to help them fulfill their mortgage lending goals.

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Housing Wire

MARCH 12, 2024

The budget also requests $400 billion in loan guarantee commitment limitation for the Mutual Mortgage Insurance (MMI) Fund through September 2026, which is “sufficient authority for insurance of all single family forward mortgages and HECMs,” the document reads. HUD is requesting $2.5

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Appraisal Today

APRIL 19, 2024

The transformation is required at the end of 2026 with testing beginning late 2025. Private Money Lending – fast turn times, high fees. There are many stakeholders in the mortgage process that these changes will impact and require significant resources for change. Very easy marketing – letters or post cards. Meet in person.

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Housing Wire

AUGUST 16, 2023

His prediction is that 2025 and 2026 “will be off the charts.” The size of the lending opportunity in the upcoming years is hard to figure at the moment. Goldman Sachs economists predict that the cut will come by the end of June 2024. Ishbia says 2022 and 2023 are the grind-it-out years and 2024 will be a bit better.

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Will Springer Realtor

JANUARY 9, 2024

Well, members of the Fed board shared an upbeat forecast about where they believe short-term lending rates are headed. interest on its interbank – or Federal funds – lending rate. This is the clearest picture yet that we are on the road to improving Americans’ lending costs for the foreseeable future. by the end of 2024.

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Housing Wire

MAY 19, 2021

The changes to the corporate tax rate were “permanent,” while the changes to the individual provisions were limited to 10 years and are scheduled to snap back to their prior levels in 2026. MSRs are booked as a balance sheet asset when loans are sold into the secondary market and show as book earnings at that time.

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Housing Wire

OCTOBER 24, 2023

. “The rule maintains a focus on evaluating bank performance in areas where banks have deposit-taking facilities, but also enables evaluation of retail lending and community development activities outside of branch networks,” Michael S. Barrs, Fed vice chair for supervision, said in a statement.

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Appraisal Today

FEBRUARY 2, 2024

To see the timeline (from 2018 to 2026) PDF, Click Here Too large to include in this newsletter. Impact on Appraising As I explained, the lending system has issues with properties capable of being used for five or more units.

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Housing Wire

FEBRUARY 14, 2022

The conservator of Fannie Mae and Freddie Mac on Wednesday laid out three broad strategic goals for 2022 to 2026: safety and soundness, equitable access to affordable and sustainable housing, and responsibly managing FHFA’s infrastructure. But the status of the agency’s efforts to accomplish that goal is less clear.

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