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Real Estate News |
Equity Tapping, Non-QM Hedging, AI Processing, Subservicing Tools; MBA Hallway Talk
Mon, 18 May 2026 15:43:17 GMT
For those of you who like maps, here's one of the states' closing costs. And here's something for companies who have training programs: New hires should check out the Business Glossary from MISMO. It covers business processes, events, calculations, d..[read more]
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Early Gains And Losses on Conflicting War Headlines
Mon, 18 May 2026 14:36:48 GMT
Bonds began the overnight session by drifting somewhat higher in yield. The 10yr hit 4.63 before recovering modestly just before domestic trading began. Yields were still slightly higher at 7:30am but moved lower after headlines cited rumors that the..[read more]
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Bonds Continued Drifting Weaker Throughout The Day (10yr Hit 4.6%)
Fri, 15 May 2026 21:12:13 GMT
Bonds Continued Drifting Weaker Throughout The Day Nothing new or interesting happened during the course of the trading day. The key market movers were in place at the start of domestic trading. From an analytica..[read more]
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April Housing Inflation Data Fills in The Dots That Went Missing During The Government Shutdown
Fri, 15 May 2026 18:12:00 GMT
The Bureau of Labor Statistics released a highly technical research paper this week examining how the agency handled missing shelter inflation data during the October 2025 government funding lapse. The issue stemmed from the CPI's housing survey, wh..[read more]
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Servicer Retention Fell in Q1, But Remains at Multi-Year Highs
Fri, 15 May 2026 18:04:00 GMT
Refinance activity continued to recover in the first quarter of 2026, but mortgage servicers retained a smaller share of borrowers despite the stronger lending environment, according to the latest ICE Mortgage Monitor. ICE estimated that roughly 58..[read more]
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Existing-Home Sales Flat Year Over Year Despite Inventory Gains
Fri, 15 May 2026 17:58:00 GMT
Existing-home sales edged slightly higher in April, stabilizing after March's decline as improving affordability and increased inventory provided modest support for buyers. Sales increased 0.2% to a seasonally adjusted annual rate of 4.02 million ..[read more]
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Purchase Activity Lifts Mortgage Applications Despite Higher Rates
Fri, 15 May 2026 17:52:00 GMT
Mortgage applications increased modestly last week, as stronger purchase activity more than offset a slight decline in refinances. The Mortgage Bankers Association (MBA) reported a 1.7% increase in total application volume on a seasonally adjusted ..[read more]
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Mortgage Rates Surge Toward 8-Month Highs
Fri, 15 May 2026 16:40:00 GMT
Mortgage rates are driven by bonds and the bond market hoped to see more evidence of shift toward peace during the 2-day Trump/Xi meeting in China. As soon as Trump got back on the plane to head home, bonds began tanking (i.e. jumping to higher yield..[read more]
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HELOC, DPA, U/W Fees Waived Products; Delinquencies Edge Higher; Conv. Conforming Changes
Fri, 15 May 2026 14:57:35 GMT
As the legal and proxy battles are waged among Two Harbors, UWM, and CrossCountry, today I head to New York for the MBA's Secondary & Capital Markets Conference. John Wooden said, "Failing to prepare is preparing to fail' and across the land, over a ..[read more]
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Highest Yields in a Year After Trump/Xi Summit
Fri, 15 May 2026 13:19:11 GMT
Far too many market participants were apparently hoping that some sort of positive news on the war would be somehow facilitated by the Trump/Xi summit over the past 2 days. But talks wrapped up in the overnight session with little to show for it. The..[read more]
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