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How to gain a competitive edge through in-house servicing

Housing Wire

Analysts in the mortgage industry are projecting that 2024 will be a better year than 2023 across the board. According to those analysts, lenders may have sold their mortgage servicing rights (MSRs) throughout 2023 to increase short-term liquidity, putting them at a disadvantage when refis pick up. According to J.D.

Investors 321
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2024 USPAP Changes Clarify Nondiscrimination

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on Investigation of desktop appraisals, economic analysis, Bias, hybrid appraisals, unusual homes, mortgage origination stats, etc. How do the USPAP revisions to the Nondiscrimination section affect appraisers? USPAP 2024 is effective January 1, 2024.

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RISING INFLATION, RATES TRIP UP HOUSING MARKET

Will Springer Realtor

The screeching you heard in June was the sound of brakes being applied to the housing market across the U.S. This, coupled with a significant portion of homeowners standing pat with mortgages at or below 4% interest (and other factors) is causing the market to lose steam. annualized for May – mortgage rates will remain high.

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Opinion: The risk in cutting FHA insurance premiums

Housing Wire

There has been a flurry of recent articles prognosticating a decrease to Federal Housing Administration (FHA) insurance premiums. Several trade groups including the Mortgage Bankers Association have corresponded with the HUD Secretary in support of cuts. But in the current environment there is reason to be cautious.

Insurance 344