Planet Financial Group grew its production volume by 64% and its mortgage servicing portfolio by 28% year-over-year in the third quarter, as its portfolio retention unit reported record lock volumes in September, a strong month for refinances in the industry. The privately held company did not disclose any profit or loss data. As a group, […]
Planet’s Home Lending outpaces mortgage industry in 3Q Read More »
A new report expects housing affordability to notably improve by the end of next year with income growth outgaining the average increase in home prices. First American’s September Real House Price Index anticipates that affordability will improve by 3% on a year-over-year basis by the end of 2026. “Affordability remains challenging, but for the first
Economist says income growth will boost home affordability Read More »
Federal Reserve bank supervisors are monitoring community and regional banks’ commercial real estate portfolios amid concerns over “elevated interest rates, tighter underwriting standards, and lower commercial property values,” the agency said. The central bank said those factors may affect borrowers’ ability to refinance or pay off their loans, according to a supervision and regulation report released Monday.
Fed flags potential risks tied to office space, capital planning Read More »
Home equity investment companies were busy last month, securing investments and issuing securitizations. READ MORE: Home equity investment products set to soar, experts say The following is a roundup of recent news from some of those firms making moves in the marketplace. Myriad Group invests in The Home Equity Partners The Home Equity Partners, a
3 things that happened in home equity investment last month Read More »
Want to know how to find the best deal possible in today’s housing market? Here’s the secret. Focus on homes that have been sitting on the market for a while. Because when a listing lingers, sellers tend to get more realistic – and, more willing to negotiate. And that’s where the savviest buyers are finding
How To Find the Best Deal Possible on a Home Right Now Read More »
Meet LYVVE, eXp Realty’s new international property search platform. The brokerage announced the launch of its new platform on Monday. According to eXp, LYVVE will “redefine how the world experiences real estate.” After navigating a successful beta testing phase, the platform will be entering full production and will expand to include listings from nearly 30
eXp launches global property search platform Read More »
Multiple proposals have been in play for government-sponsored enterprises Fannie Mae and Freddie Mac, including some scenarios that could affect the status of their shares. The question for the industry now is how the various possible directions Fannie Mae and Freddie Mac could take will affect the many mortgage-related businesses that work with them. This
What Fannie, Freddie uplisting would change for the GSEs Read More »
The month of December typically has the lowest weekly seasonal demand for housing, but it’s a big key to how the spring of 2026 will perform — if you know what housing data lines to focus on. Traditionally, I wouldn’t care so much about December housing data; however, post-COVID, the forward-looking seasonal demand data has
December housing data provides early signals for 2026 market Read More »