Home Goods and Decor Retailer Tuesday Morning Files for … – rutherfordsource.com
Home Goods and Decor Retailer Tuesday Morning Files for … rutherfordsource.com
Home Goods and Decor Retailer Tuesday Morning Files for … rutherfordsource.com
When it comes to the mortgage and housing markets, there’s been no shortage of gloomy news for months. This generally involves slumping sales, lower prices, and higher rates. All of the above are interconnected to some extent. The interconnection can be summed up in a single paragraph: Home prices surged post-covid as demand greatly outpaced … [Read more…]
February Mortgage Outlook: Rates on the Downslope by End of Month NerdWallet
The mortgage rate you get depends partly on your credit score. Here’s what to expect CNBC
Explore 10 pros and cons of living in Chula Vista, CA. Discover the city’s ideal climate, and cultural diversity, along with its traffic, cost of living, and air pollution before making this place your home.
The post Is Chula Vista, California a Good Place to Live? 10 Pros and Cons to Consider Before Moving there appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Sales of new U.S. homes increased in January by more than expected to the highest level in nearly a year, fueled entirely by purchases in the South, indicating some stabilization in the housing market after a brutal year. Purchases of new single-family homes rose 7.2% to an annualized 670,000 pace after an upwardly revised 625,000 … [Read more…]
Remember, not all math puns are terrible…just sum. Analyzing residential servicing is a combination of math and psychology. If you were an institution thinking of buying mortgage servicing rights (MSR), or a lender running the numbers on retaining servicing rather than selling it to an aggregator like AmeriHome or Penny Mac, you donât like hearing the saying, âMarry the house, date the rate.â Youâd prefer that the loan stay âon your booksâ well into the future because you want the monthly cash flow. In 2020 and 2021 origination income was dominant. But in 2022 servicing income won the day for those who owned it. What will happen to servicing in 2023? No one has a crystal ball, but if rates stay in the 5âs or 6âs, loans funded in 2020 and 2021 still stick. Prepayments have plummeted: no one wants to pay off their 2.875 percent loan. Of course, there are numerous parties slicing and dicing the numbers. For example, Black Knightâs MSR Index takes a sample current note rate production portfolio and tracks the MSR performance throughout the month by comparing the current value to the first day of the month value. (Todayâs podcast can be found here and this weekâs is sponsored by Agile, bringing the mortgage capital markets into a new digital era. From lenders to dealers, Agile is the new way to quote MBS. Listen to an interview with entrepreneur and author Alexandra Nolan on launching and growing a successful business.) Lender and Broker Services and Products
LenderLogix has launched LiteSpeed, a white-label streamlined point-of-sale (POS) system for small- to mid-sized mortgage lenders.