The reported election of Donald Trump as the 47th president, along with Republican gains in Congress, is already impacting mortgage markets with rising Treasury yields and rates, while industry stakeholders prepare for potential shifts in housing policy and regulation.
In a controversial CFPB settlement, Chicago-based Townstone Financial faced modern-day redlining charges over radio show hosts’ childhood grocery store memories, while industry-standard loan pricing adjustments that systematically affect borrower costs based on credit scores and loan-to-value ratios remain unchallenged.
While most markets stabilize after inflation, housing continues to buck traditional economic trends as Baby Boomer wealth transfers and historically low inventory reshape who can buy homes and when.
A high-level mortgage industry perspective on current housing market trends and potential recovery signals, featuring exclusive insights from National Association of Mortgage Brokers leadership.
In today’s market, while high interest rates have reduced buying power, data shows recent homeowners gained $158,000 in wealth through their purchase.
Easy message today – Be Okay being you.
In a transformative week for housing, new policies promise easier appraisals and increased affordability, while legal experts question recent industry settlements.
Antitrust lawsuits and settlements are fundamentally challenging traditional commission structures and business models creating unintended consequences with agents, lenders, buyers and sellers.
Modern non-QM lending offers loan officers a responsible way to serve qualified borrowers who fall outside traditional lending criteria.
A head-scratching lawsuit that, when you think about it, makes little sense.
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