Latest Updates Around The World
For more than 25 years, I have heard lenders complain that their rates are not competitive. One of the first questions customers ask is: “What is your rate today?” For far too long, the industry has focused on interest rates, rather than what truly is the best financial decision for the borrower. Many salespeople sell […]
The seasonally adjusted purchase index fell 14% from a week earlier, while the unadjusted purchase index rose 2% from the week before and was 4% higher than the same week a year ago. “Registrations fell last week, reflecting a 14% decline in purchase applications. Winter Storm Fern likely had an impact because much of the […]
Short-term rentals (STRs) have evolved from a niche investment strategy to a sustainable, institutionalized asset class. What hasn’t evolved at the same pace is how much lenders and valuation teams are approaching STR revenue risk. As investors become more sophisticated and DSCR (Debt Service Coverage Ratio) lending continues to grow, assessment has shifted from a […]
The ROAD to Housing Act is a broad housing supply package that passed the Senate unanimously in October but has not yet received approval from the House. The legislation focuses on reducing regulatory and procedural barriers to housing construction, with the goal of accelerating the construction of both market-rate and affordable housing across the country. […]
Three ways to compete When it comes to recruiting agents, many in the industry believe that there are three primary ways that brokers can compete with each other for agents: splits, resources including technology, support and legal resources, and culture. With Compass’ vocal support of its private listing network and advertising of its exclusive inventory, […]
Initial, or first participation, HMBS production was $382 million in January, $90 million above December’s $292 million and $49 million above November’s $333 million, but $24 million below January 2025. Tail issuance totaled $179 million, down from $189 million in December. The 72 pools include 23 original pools, 46 tail pools and three mixed pools. […]
A national shareholder rights law firm has launched an investigation PennyMac Financial Services Inc. about possible violations of federal securities laws. Glancy Prongay Wolke & Rotter LLPwhich represents investors and consumers in securities litigation, said the investigation follows PennyMac’s Jan. 29 release of fourth-quarter and full-year 2025 results, which showed revenue of $538 million and […]
Newrez and Valon Newrez, Rithm’s largest operating business, reported higher profits for the year despite mortgage rate volatility and faster prepayments. The mortgage platform generated approximately $1.1 billion in pre-tax revenue in 2025, including mark-to-market adjustments, up 17% year-over-year, according to Newrez president Baron Silverstein, who called it a “milestone” for the platform. Silverstein also […]
Carucci joins SERHANT. together with his team, The Carucci Group. Carucci brings more than 40 years of experience and individual volume of just under $30 million reported on last year’s RealTrends Verified rankings. “SERHANT. represents the future of luxury real estate – media-forward, entrepreneurial and uncompromising when it comes to excellence,” said Carucci. “Boston is […]
A spokesperson for the CDIA wrote HousingWire that the trade group “remains committed to our position that tri-merge promotes data accuracy, market competition and investor confidence.” According to Broeksmit, this criticism comes from ‘the agencies that profit richly from a privileged market position that protects them from competition’ and that operate in a ‘government-granted oligopoly’. […]
