Posted in Uncategorized

Why Essent’s stock offering is a good sign for MI capital raises

The company’s pricing of its secondary stock option partially alleviated worries about the need to obtain new funds and the risk of dilution for existing…

Continue Reading...
Posted in Uncategorized

New MERS system fee to fund MISMO tech initiatives

Coronavirus-related remote work has elevated the need to find a dedicated source of funding for managing and developing real estate finance industry data standards, according…

Continue Reading...
Posted in Uncategorized

Mortgage sector off to worst start since 2013 despite Fed help

Mortgage investors have yet to enjoy robust returns this year despite the Federal Reserve providing $688 billion of support to the sector since mid-March.

Continue Reading...
Posted in Uncategorized

Mortgage forbearance growth rate grinds down, Ginnie Mae still reeling

Coronavirus-related mortgages in forbearance grew 10 basis points between May 18 and May 24, according to the Mortgage Bankers Association.

Continue Reading...
Posted in Uncategorized

Cincinnati area home sales drop from 2019, but market is healthy

Home sales in April stayed healthy despite the Ohio stay-at-home order, but dropped by double digits compared to a year before at the same time.

Continue Reading...
Posted in Uncategorized

Mortgage Rates Start Higher But Finish Lower

Posted To: Mortgage Rate Watch Mortgage rates pulled off a repeat performance of last Friday’s intraday drama. The average lender began the day in higher…

Continue Reading...
Posted in Uncategorized

MBS RECAP: Timing of Today’s Volatility Could Create Some Opportunity

Posted To: MBS Commentary There’s no way to predict the future for rates and markets, but there are occasionally tactical opportunities. Today’s version involves lenders…

Continue Reading...
Posted in Uncategorized

Builder Incentives Kept April Home Sales Strong

Posted To: MND NewsWire As was reported last week, new home sales in April were much, much better than expected. There may or may not…

Continue Reading...
Posted in Uncategorized

UI Takes a Deep Dive Into May’s Mortgage Market

Posted To: MND NewsWire The Urban Institute (UI) releases a regular report, Housing Finance at a Glance , a “chartbook” loaded with charts and commentary…

Continue Reading...
Posted in Uncategorized

Processor, LO Jobs; Referral, Accounting Products; Webinars and Training

Posted To: Pipeline Press I was speaking to a successful long-time real estate agent this weekend who is as busy as she’s ever been. Couples…

Continue Reading...