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United Wholesale Mortgage CFO Timothy Forrester Dies at 55

United Wholesale Mortgage CFO Timothy Forrester Dies at 55

Thursday, 21 July 2022
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United Wholesale Mortgage chief financial officer Timothy Forrester has passed away at age 55 after a fight with cancer. So reports The Detroit News. Read more...
Bodnar of MMG: The ECB Did Us a Solid

Bodnar of MMG: The ECB Did Us a Solid

Thursday, 21 July 2022
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"The ECB did us a solid," says Bill Bodnar of the Mortgage Market Guide (MMG). The Fed will soon raise rates by .75% again, he adds. Read more...
Bodnar of MMG: A Good Reminder on the Fed

Bodnar of MMG: A Good Reminder on the Fed

Thursday, 21 July 2022
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"We saw the highest inflation reading in four decades and mortgage rates stabilized....why?" asks Bill Bodnar of the Mortgage Market Guide.  Read more...
Only 2 in 10 Consumers Say It’s a Good Time to Buy a House

Only 2 in 10 Consumers Say It’s a Good Time to Buy a House

Friday, 08 July 2022
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Fannie Mae announced that its Home Purchase Sentiment Index fell 3.4 points in June to 64.8, its second-lowest reading in a decade, with consumers continuing to signal a slowing housing market. Read more...
Flagstar Bank Data Breach Affects 1.5M Customers

Flagstar Bank Data Breach Affects 1.5M Customers

Friday, 08 July 2022
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Flagstar Bank has acknowledged a data breach involving 1.5 million customers’ personal details. So reports CPO Magazine. Read more...
95% of Real Estate Agents See Seller’s Market Despite Rate Rise

95% of Real Estate Agents See Seller’s Market Despite Rate Rise

Friday, 08 July 2022
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Although mortgage rates have recently climbed to their highest since 2008, 95% of real estate agents surveyed still say that it’s a seller’s market. That’s according to a blog post by HomeLight. Read more...
Aging Population Won’t Help Housing Supply Crunch: MBA

Aging Population Won’t Help Housing Supply Crunch: MBA

Friday, 08 July 2022
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More than 4 million existing homes are expected to hit the market over the next decade as the U.S. population ages, but that shouldn’t lead to much extra housing supply. That’s according to new research by the Mortgage Bankers Association. Read more...
Bodnar of MMG: Recession, Restrictive and Retreat

Bodnar of MMG: Recession, Restrictive and Retreat

Thursday, 07 July 2022
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These three words dominate the recent headlines as oil and bond yields retreat from recent highs in response to rising recession fears, according to Bill Bodnar of The Mortgage Market Guide (MMG). Read more...
Mortgage Rates Hit Highest Since 2008

Mortgage Rates Hit Highest Since 2008

Saturday, 25 June 2022
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Mortgage rates have hit their highest level in almost 14 years, according to weekly data from Freddie Mac. So reports the Mortgage Research Center. Read more...
New Residential Restructures, Rebrands As Rithm Capital

New Residential Restructures, Rebrands As Rithm Capital

Saturday, 25 June 2022
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New Residential Investment Corp., provider of capital and services to the mortgage and financial services industry, has announced that it is internalizing its management and rebranding as Rithm Capital. Read more...

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