How the Fed’s rate hike will affect the housing market

The Fed's move to increase interest rates by 75 bps will cool down a housing market that was already losing steam. Here's what LOs and economists expect to happen.

Mortgage

The mortgage-servicing rights (MSR) market has made a strong showing during the first half of the year, despite the market tumult.

Mortgage

Fannie Mae cut projections for mortgage origination volume in 2022 to $2.6 trillion and home sales to 5.96 million units.

Request mortgage-related charges, all in one place.

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People Movers

The Mortgage Bankers Association nominated Laura Escobar, president of Lennar Mortgage to serve as vice chair for the 2023 membership year.

Brokerage, Real Estate, Real Estate Enthusiasts, Real Estate Tech

Despite a tumultuous six months for Zillow, the firm's shareholders appear committed to CEO and co-founder Rich Barton.

Qualifying your clients with their most recent bank statements

Self-employed borrowers often face certain disadvantages when applying for a loan such as verifying income with tax returns rather than using business cash flow. While most companies only offer 12 or 24-month bank statements to qualify, Acra Lending also offers a 3-month bank statement program. Learn More

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Brokerage, HW+ Exclusive Content

Compass is shuttering offices as it tries to get through a tumultuous 2022. Its rivals say it's a "Compass issue, not a market issue."

Confident and Compliant: Using Social Media to Boost Business

How are the best producers boosting their marketing efforts? Join Mitch
Kider, Barry Habib, and Melissa Thomas for a FREE webinar, Using
Social Media to Increase Purchase Business While Staying Compliant, on 6/24, 12 PM EST. Register here.

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Mortgage

Fannie Mae, Freddie Mac plan to charge a 50 basis-point fee for structured-finance offerings using co-mingled agency securities as collateral.

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