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Sales of existing homes took off in September to a seasonally adjusted annual rate of 6.54 million, up 20.9% from a year ago, the NAR said.
2021 is expected to show refinance volume being cut nearly in half. To be prepared for that shift, lenders need to start training now, Dave Stevens warns.
The post What MBA’s forecast means for mortgage originators appeared first on HousingWire.
The average U.S. mortgage rate for a 30-year fixed loan fell to 2.8% this week, another record low, Freddie Mac said in a report on Thursday.
The number of seriously delinquent mortgages fell by 43,000 in September – the first drop since the beginning of COVID-19, according to Black Knight.
The post The number of seriously delinquent mortgages falls for the first time since the pandemic hit appeared first on HousingWire.
As the mortgage industry moves toward increasing adoption of remote online notarization, a panel of experts at the Mortgage Bankers Association Annual conference said uniformity will be key.
Lone Star Funds' residential mortgage lender Caliber Home Loans hopes to raise up to $538 million at its highly anticipated public debut next week, according to documents filed with the Securities and Exchanges Commission on Wednesday.
The post Ahead of its IPO, Caliber gives its private equity owner $300M in cash appeared first on HousingWire.
Tucked right into the end of the home-buying process is the unique opportunity for title companies to connect with borrowers on how they can give back to the community together.
The post Gathering around the table: How one title company pledges to support local community appeared first on HousingWire.