Regulatory changes to how banks treat mortgage assets — anticipated this week by Federal Reserve Vice Chair Michelle Bowman — may have an impact on the mortgage market over time, analysts said. “The near-term impact on the mortgage market is likely to be somewhat limited,” Keefe, Bruyette & Woods (KBW) analysts wrote in a report […]
Bank capital relief may not quickly shift mortgage market dynamics Read More »
Shares in publicly traded mortgage insurance companies dropped between 5% to 8% in a single day and are down by 5% to 12% so far this year, according to an investor note published Tuesday by Keefe, Bruyette & Woods (KBW). KBW analysts Bose George and Frankie Labetti explained that the main concern appears to be tied
Potential cuts to FHA premiums weigh on mortgage insurers Read More »
The portal wars may have a new entrant — and it isn’t one to shake a stick at. Google has begun testing a new advertising format in select markets that embeds for-sale home listings directly into search results. Listings are embedded only in mobile searches for listings in select markets, including Chicago, Denver and Austin.
Google enters portal wars with MLS listings in select cities Read More »
Mortgage rates at their lowest levels in nearly a year are driving a wave of refinance opportunities for lenders ahead of the Federal Reserve’s expected rate cut next week. The shift is encouraging more borrowers to leave the sidelines, with small rate moves already triggering meaningful activity. “Refinance businesses increased significantly from the first quarter,
With a Fed rate cut likely, how big could the refinance wave be? Read More »
President Donald Trump’s bombshell Truth Social post on Wednesday night sent the stock prices of Fannie Mae and Freddie Mac soaring. But removing the government-sponsored enterprises (GSEs) from conservatorship after 16-plus years would be a complicated endeavor. And if they’re not removed carefully, costs for borrowers could spike. Trump’s announcement that he’s considering a public
Trump’s GSE exit pursuit is complicated (and could be costly) Read More »