However, serious delinquencies (90 days or more past due, including loans in foreclosure) decreased to 0.9%, down from 1.2% in August 2022 and significantly lower than the 4.3% high...
Read MoreAdam Millstein, vice president and national sales manager, commented: “I’ve been associated professionally with Katie, Kim and Brice for many years. Their passion for this business is evident, and...
Read MoreBroeksmit further addressed the current challenges faced by housing providers, such as high-interest rates and escalating labor and construction costs, against the backdrop of an inadequate housing supply. He...
Read MoreWeekly housing inventory data Even though I haven’t been able to hit my target level of 11,000 -17,000 weekly inventory growth levels in 2023 with higher rates, it is clear...
Read MoreWhile proposed capital rules for banks with assets of $100 billion or more have raised concerns for some nondepositories in terms of their potential impact on funding sources, they...
Read MoreWith existing inventory scarce, all-cash purchases are rising, with a notable bump occurring in the new-home market, according to third-quarter data.The share of new single-family constructions bought with cash...
Read MoreThe Federal Reserve is expected to announce no rate hike at the end of its two-day meeting next week. Consumers will still feel the effects of higher rates and persistent inflation. Here’s...
Read MoreCoventry for intermediaries has reduced selected fixed rate residential deals, with some rates reducing by up to 23bps. Two, three and five-year fixed rate options at 65–95% loan to value...
Read MoreWhen it comes to housing policy, we would all welcome a bit more clarity and consistency. In their absence, rumour and speculation perhaps are inevitable. But some rumours appear to...
Read MoreMortgage Strategy is again partnering with Mortgage Finance Gazette and The Openwork Partnership to bring you MFG Rated for Service Awards 2023-24. This is the only annual service awards...
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