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Mr. Cooper Group Acquires Home Point Capital for $324 Million
The transaction comes one month after Homepoint agreed to sell certain assets of its wholesale originations channel to The Loan Store Inc. Continue Reading Mr. Cooper Group Acquires Home Point Capital for $324 Million
FHFA Rescinds Upfront Fees Based on DTI Ratio
“I appreciate the feedback FHFA has received from the mortgage industry and other market participants,” said FHFA Director Thompson. Continue Reading FHFA Rescinds Upfront Fees Based on DTI Ratio
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Why the US housing market slowed at sharpest pace ‘since the financial crisis’
Source: New York Post --- The US housing market experienced its most significant slump since the Great Recession in October as surging mortgage rates crushed demand, real estate firm Redfin said in a monthly report this week. The number of pending home sales...
The Short- and Long-Run Effects of Remote Work on U.S. Housing Markets
Source: Economic Innovations Group --- The rapid growth of remote work has ushered in a variety of economic changes, with notable impacts on the housing market. An emerging literature suggests remote work has shifted both where people live and how much housing they...
mortgages Zero-down loans for homebuyers preparing to go expansion route
Source: Insurance News Net --- Nearly a year into a special lending program aimed at underserved homebuyers, the initiative is soon to expand from a few banks to mainstream, nonbanking lenders. Could these good intentions be the beginning of our next lending debacle?”...
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