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Author name: Ricky Vasquez

Home flipping volume falls to 5-year low as profit margins hit 2008 levels

ATTOM, Fix and Flip, Housing Market, Mortgage, Real Estate Investing /

Home flipping activity slipped again in 2025 as investors completed 297,045 single-family home and condominium flips nationwide. That was the lowest annual total since 2020 and down 3.9% from 309,050 flips in 2024, according to ATTOM’s 2025 year-end U.S. Home Flipping Report. Flips made up 7.4% of all home sales in 2025, slightly below 7.6% […]

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Basel reproposal’s impact on non-bank mortgage lenders

Politics and policy, Servicing /

The reproposal of bank capital rules for mortgages appears to deliver on earlier signals, including looser servicing asset rules, additional loan-to-value ratio distinctions and accommodations for credit enhancement.   Processing Content But some fear there could be a catch in the small print of the new Basel III plan. “Capital rules are notoriously complex, but

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Forget rate drops — here’s where mortgage volume will come from

Economy, Housing Inventory, Housing markets, Mortgages /

With mortgage rates expected to hover near current levels for much of 2026, lenders shouldn’t count on rate drops to drive originations growth — and a panel of leading economists at Intercontinental Exchange’s ICE Experience conference in Las Vegas this week made clear where volume will actually come from. Processing Content “We’re essentially back in

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CrossCountry adding top 35 lender Summit Funding

CrossCountry adding top 35 lender Summit Funding

LOAN PRODUCTS, M&A, Mortgage technology, Originations /

While the mortgage industry is watching how the situation between UWM Holdings and an unnamed buyer for Two Harbors will work out, another large lender is diving headlong into a merger. Processing Content CrossCountry Mortgage, the Cleveland-based lender that says it’s been No. 1 in retail three years running, has agreed to buy another privately

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US household net worth climbs $2.2 trillion to fresh record

Economic indicators /

US household wealth rose in the fourth quarter to a fresh record as the stock market continued to rally as the year drew to a close. Processing Content Household net worth climbed $2.2 trillion from the prior quarter to $184.1 trillion, a Federal Reserve report showed Thursday. The value of Americans’ equity holdings increased $1.6

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Lower is the target, and victim, in two new poaching suits

Law and legal issues, Mortgages /

Lower is both plaintiff and defendant in two new poaching lawsuits. Processing Content Two federal complaints involving the lender filed Tuesday invoke claims of tortious interference, in employees violating their non-solicitation agreements. The company sued Atlantic Coast Mortgage in an Ohio court, while Chicago-based The Federal Saving Bank sued Lower in a Maryland forum.  The

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Inflation drives mortgage rates to 2026 high point

Economy, MARKETING TO BORROWERS, Mortgage Rates, Mortgages, Originations /

Yields on the 10-year Treasury, after a brief dip at the start of the week, returned to the upper 4.2% range, even briefly breaking 4.3%, in reaction to inflationary pressures from the Iran conflict. Processing Content In turn, this led mortgage rates to increase by 11 basis points for the second consecutive week, the Freddie

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Fewer buyers are interested in newly built homes

Homebuilders, Housing markets, Mortgages, REALTORS & HOMEBUILDERS /

There was less interest in buying a newly constructed home last month, as macroeconomic uncertainty squashed a recent market rally.  Processing Content New home purchase applications for February were up 0.9% from the same time last year, but down 1% from January, the Mortgage Bankers Association reported Thursday. The tepid Builder Application Survey results follow

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Anthropic, Google on maximizing mortgage AI

Mortgage technology, Mortgages /

While AI implementation can be a daunting task, acting thoughtfully and intentionally will set businesses up for maximum value, leading executives of leading AI software companies said during a panel at the ICE Experience conference in Las Vegas on Wednesday.  Processing Content “It’s not just where we’re at today, it’s your roadmaps — how everybody

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