Mortgage News Archives

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14 Freddie, Fannie Board Members Removed Under Pulte

Freddie Mac named Michael Hutchins as interim CEO after a board shakeup by FHFA Director Bill Pulte, who is reshaping the GSEs.

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Mortgage Servicing Rights Texas

Be the first to learn from investors, originators and servicers on the latest transaction opportunities and management strategies.

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Former FHFA Director Explains GSE Conservatorship Exit Timeline

As discussions grow about ending Fannie Mae and Freddie Mac’s conservatorship, experts weigh in on what privatization could mean.

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Ackman: Fannie & Freddie to Exit Conservatorship Under Trump

Bill Ackman forecasts that Fannie Mae and Freddie Mac could exit conservatorship within the first two years of a 2nd Trump administration.

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CRE Lending Rebounds in Q324

Commercial and multifamily borrowing surged 59% YoY in Q324, driven by lower interest rates and strong demand for health care and retail properties.

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NYC Rents Spike as Mortgages Push Buyers to The Side

November saw a record jump in NYC rents, with Manhattan’s median at $4.2K, as high mortgage rates deter potential buyers.

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SL Green Secures $1.25B Mortgage Extension

SL Green Realty Corp., NYC’s largest office REIT, announced it has secured a $1.25B mortgage extension for One Madison Avenue.

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Mortgage Innovators Conference 2025

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MBA Revises 2025 Mortgage Rate Forecast, Citing Inflation Risks

The Mortgage Bankers Association now projects mortgage rates to remain in the mid-6% range in 2025, up from previous forecasts.

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Trump’s Plans Could Push Mortgage Rates Higher

The U.S. housing market is bracing for turbulence following Trump’s election, with mortgage rates and housing affordability in focus.

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Single-Family Housing Starts Drop Due to High Mortgage Rates

Despite a slight rise in permits, single-family housing starts fell in October, driven by hurricane impacts and high borrowing costs.

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Weekly Mortgage Demand Higher Despite Rising Interest Rates

Mortgage apps rose last week, thanks to gains in purchase and refi activity, even as rates climbed to their highest level since July.

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NYC Rents Highest Since July, Driven by Mortgage Rate Surge

Manhattan apartment rents climbed to $4,295 in October, the highest level in 3 months, as rising mortgage rates kept renters renting.

High Home Prices Drive Builders to Mortgage Buydowns, Price Cuts

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High Prices Drive Homebuilders to Mortgage Buydowns, Price Cuts

Home builders are increasingly offering mortgage rate buydowns to make homes more affordable amid high prices.

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Fed Lowers Interest Rates by .50% in 1st Cut Since 2020

The Federal Reserve cut interest rates by 0.5%, the first cut since 2020, bringing the federal funds rate to between 4.75% and 5%.

By CRE Daily Staff and Han Lung

September 19, 2024

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Independent Mortgage Bankers Conference

MBA’s Independent Mortgage Bankers Conference (IMB25), taking place January 27-29 in Austin, Texas, is the industry event of the year for IMBs, curated by IMBs. This intimate gathering,…

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Servicing Solutions Conference & Expo

Mark your calendar February 4-7, for MBA’s Servicing Solutions Conference & Expo. Join us at the Hyatt Regency Dallas for the premier event designed exclusively for servicing professionals…

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Legal Issues and Regulatory Compliance Conference

Attend MBA’s Legal Issues and Regulatory Compliance Conference for the most comprehensive information on regulatory initiatives, litigation legislation and enforcement activity, all specifically tailored to…

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Benchmarking & Performance Ratios Mortgage Bankers Must Know

This webinar is part of MBA Education’s Garrett, McAuley & Co. Mortgage Banking Management Webinar Series. We’re repeating one of our most popular webinars to…

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Mortgage Servicing Spotlight: How AI Can Help Servicers Combat the High Cost of Borrower Communications

In today’s challenging economic environment, mortgage servicers face significant pressure to control costs. Borrower communication processes represent a large opportunity for innovation. Today’s teams rely…