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November 2025

Onity posts steady profit, sheds Rithm subservicing deal

Earnings, Servicing /

Onity Group posted its best quarter for funded loan volume and shed a troublesome subservicing portfolio, in another steady quarterly performance.  The lender and servicer Thursday posted net income attributable to common shareholders of $18.7 million, down from the $21.5 million and $21.4 million profits of the quarter- and year-ago periods. Its latest adjusted income […]

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Homebuilders bet on 1% mortgage rates to wake up U.S. buyers

Homebuilders, Housing Inventory, Originations, REALTORS & HOMEBUILDERS /

With the average mortgage rate near 6%, US homebuyers are looking at the most affordable monthly payments in a year. But San Antonio real estate agent Tavyn Weyman knows how to get them lower — much lower.  The trick is simple: buy new.  In markets across the US, homebuilders sitting on unsold inventory are subsidizing

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As other markets tighten, Memphis remains a bargain for buyers

Affordability, Artificial Intelligence, Housing Market Data, HWmember, Local Market Spotlight, Tennessee /

The Memphis housing market shifted further into buyer-favorable territory this week, with 45.2% of active listings taking price reductions while homes sat on the market for a median of 84 days. The metro’s 4,455 active single-family listings represent a 17.6% increase from the same period last year, creating the region’s strongest negotiating position for buyers

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Guild sees Q3 revenue surge to $307.4M ahead of Bayview transaction

Earnings, Guild Mortgage, HWmember, LendingLife, Mortgage, Mortgage Servicing, Origination /

Guild Holdings Co., the parent company of Guild Mortgage, announced its Q3 2025 earnings on Wednesday afternoon, posting a net revenue of $307.4 million that compared favorably to figures of $279.4 million in Q2 2025 and $159.3 million in Q3 2024. Guild’s net income for the third quarter was $33.3 million, compared to $18.7 million in

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Decatur homes sell twice as fast as national average

Affordability, Artificial Intelligence, Housing Market Data, HWmember, Illinois, Local Market Spotlight /

The Decatur, IL housing market is moving at twice the national pace, with homes selling in just 35 days compared to the 77-day national median, even as median list prices climbed 17.8% year over year to $152,450. The Decatur metro absorbed 24 homes last week, up 33% from 18 homes during the same period last

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Mortgage industry backs LLPA changes but is divided over priorities

Fannie Mae, FHFA, Freddie Mac, GSEs, HWmember, LendingLife, Mortgage, Origination, Regulatory, Regulatory Compliance /

The mortgage industry largely supports changes to the loan-level price adjustment (LLPA) matrix but remains divided on priorities, with a full overhaul unlikely amid a potential stock offering of Fannie Mae and Freddie Mac.  Two weeks ago, Federal Housing Finance Agency (FHFA) Director Bill Pulte said he had tasked Barry Habib — the MBS Highway

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A growing foreclosure crisis? Not according to the latest Fed data

FICO, Foreclosure, Home Equity, Housing Market, HWmember, Mortgage /

Once again, the latest quarterly New York Fed Household Debt and Credit report reinforces a story I have been talking about for a long time: homeowners in America are in solid financial shape, while those who cling to the narrative of the 2008 housing crisis still require a dose of gloom therapy. Two laws that

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Phoenix sellers cut prices, but values hold firm

Arizona, Artificial Intelligence, Housing Market Data, HWmember, Local Market Spotlight, Phoenix /

The Phoenix–Mesa–Glendale metro housing market presents a striking paradox: while 48.99% of active listings have reduced prices, the median list price holds firm at $522,000, sitting 20% above the national median of $435,000. This pricing dynamic signals a market recalibration where sellers are adjusting expectations despite maintaining relatively high price points. The Arizona metro recorded

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Rochester affordability fuels New York’s tightest housing market

Affordability, Artificial Intelligence, Housing Market Data, HWmember, Local Market Spotlight, New York /

The Rochester metro has become New York’s tightest housing market, with just 0.96 months of inventory—the lowest among all major metros in the state. The metro’s relative affordability at a $249,900 median list price appears to be driving intense buyer competition, pushing the market into strong seller territory with homes selling in a median of

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New View: Proprietary loans now account for 40% of reverse mortgages

HECM, HMBS, HUD, HWmember, New View Advisors, Reverse, Reverse Mortgage Daily /

Reverse mortgage lenders were already starting to diversify their offerings earlier this year through the launch or expansion of proprietary product suites. These moves have become even more important at a time when federally insured reverse mortgages aren’t being endorsed. As part of this emerging industry trend, New View Advisors recently announced that it would

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