Angel Oak Mortgage Plans IPO According to an S-1 statement filed with the Securities and Exchange Commission, Atlanta-based Angel Oak Mortgage is looking to go…
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Homes Sold at Record Pace in March: Redfin

March Madness was real in the housing market, which has continued to break records. So reports The Real Deal. Read more...

5th Consecutive Week of Forbearance Improvement: Black Knight

For the fifth consecutive week–the longest stretch since September–there was improvement in active forbearance volumes, according to data from Black Knight. Read more...

Bodnar of MMG: Heightened Inflation Fears Fading

Bill Bodnar of the Mortgage Market Guide (MMG) notes that this week we watched long-term yields improve along with stocks hitting all-time highs. The American Jobs Plan was released and time will tell whether it… Read more...

Mortgage Rates Rise for Seventh Straight Week

Mortgage rates are on an upward run that has now lasted seven consecutive weeks. So reports Bloomberg. Read more...

Strong Hiring Growth Continues in March as Jobs Gap Persists

A year after the pandemic began to hit the U.S. economy, employers have gone on a hiring spree. So reports Reuters. Read more...

House Prices Continue to Soar But Growth May Be Moderating

U.S. home prices leapt again to start the year, according to a report by the Federal Housing Finance Agency, but monthly gains seem to be slowing. So reports MarketWatch. Read more...

HUD Secretary Says No Plans to Cut FHA Premiums

The Secretary of the Department of Housing and Urban Development, Marcia Fudge, has ruled out (for now) a cut to the Federal Housing Association’s mortgage insurance premiums despite mounting delinquencies. So reports FloridaRealtors. Read more...

Forbearances Down 5% Over Past Month: Black Knight

Active forbearance plans fell again this week, dropping by another 19,000 (-0.7%) from last Tuesday. In total, this puts the number of active plans down by 135,000 over the last month, a 5% reduction. Read more...

Bodnar of MMG: What Does Continued Volatility Mean for Clients?

Bill Bodnar of The Mortgage Market Guide (MMG) discussed how volatility continues in the bond market. Read more...

Biden Housing Secretary Seeks $100B Funding Boost

Marcia Fudge, the Biden administration’s recently confirmed Housing and Urban Development Secretary, has urged lawmakers to top off the department’s budget by as much as $100 billion. So reports Politico. Read more...

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