Author: Michael Gersitz

With housing affordability at an all-time low and accelerating consumer prices disproportionately affecting lower- and middle-income families, the Mortgage Bankers Association this week called on the White House and the Federal Housing Administration to reduce annual mortgage insurance premiums. In

Home-equity lending is on a roll this year, with the combined volume of home-equity lines of credit (HELOCs) and traditional closed-end home equity loans up 47% from January to May of 2022, compared with the same period last year. Nearly

California-based Point Mortgage Corporation has decided to shut down its wholesale business GoPointDirect and lay off employees to focus on retail lending, a top executive confirmed to HousingWire.  “We have temporarily taken it down,” Johnny Margarini, president and CEO, said during an interview. “When

Fitch Group, the parent of bond-rating firm Fitch Ratings, is acquiring a majority ownership stake in capital-markets fintech company dv01 — which provides data and analytics services to the structured-finance market. Terms of the deal were not disclosed. It is expected to close

Consumer prices in August rose slightly from July, all but ensuring the Federal Reserve will hike interest rates aggressively at its upcoming September meeting to tamp down inflation. Despite decreases in the indexes for airline fares, communication, and used cars

Lending standards tightened in August amid a worsening economic outlook and signs of cooling in home-price growth. The mortgage credit availability index (MCAI) fell marginally by 0.5% to 108.3 in August from the previous month, according to the Mortgage Bankers

Take a deep dive into these five local housing markets to better understand the trends across the nation. Each city has a unique market and enticing listings to attract new residents. Siesta Key, Florida Remote work flexibility opened up the

With all the talk about a hot housing market and changes on the horizon thanks to increasing mortgage rates, it can be hard to forget that these market-wide changes have a real effect on real people, especially those dealing with

KBRA Analytics, an affiliate of Kroll Bond Rating Agency (KBRA), has acquired digital-information service Direct Lending Deals, which offers investors and loan originators coverage of deal data, news and analysis in the direct-lending sector. The acquisition will allow KBRA Analytics to offer its

Mortgage POS BeSmartee’s Mortgage Point-of-Sale (POS)  platform is a configurable, white labeled solution that streamlines the origination process, including application, credit, PPE, AUS disclosures and appraisal collection and fulfillment. Product Fast Facts #1 Go from application to appraisal in 15