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- Navigating movement in the mortgage industry series: Post-closing matters are important too March 3, 2025Introduction As part of our ongoing discussion on the concept of movement in the mortgage industry, it is readily apparent that the failure of mortgage companies to pivot or tweak their business models to satisfy changing market and other conditions has resulted in consolidation based on liquidity, buyback, financial and other concerns. Regardless of whether […]
- Trump orders immediate expansion of US timber production March 2, 2025Trump issued an executive order that calls for the immediate expansion of U.S. timber production to increase the supply of American lumber.
- Do mortgage rates have room to drop lower? March 1, 2025Treasury Secretary Bessent said the housing market is about to "unfreeze." Can mortgage rates go even lower than we've seen since Jan. 14?
- A&D Mortgage announces $459M RMBS transaction February 28, 2025The RMBS deal, done in partnership with Imperial Fund Asset Management and Clearwater Analytics, is expected to close on March 13.
- Longbridge parent again touts reverse mortgage performance in Q4 earnings February 28, 2025Ellington Financial continued to tout the performance of Longbridge and teased a potential new product in development.
- Rocket showcases strategic pivot on Q4 earnings call February 28, 2025On Thursday's earnings call for Q4 2024, the company reported that it generated net revenue of $1.8 billion and adjusted revenue of $1.2 billion, with the latter figure coming in at the high end of Rocket's expectations.
- CFPB dismisses TILA lawsuit against Vanderbilt Mortgage February 28, 2025The bureau dropped a case in which it accused the lender of granting borrowers “unaffordable loans” that caused some to lose their homes.
- NRMLA announces first event of 2025 February 28, 2025The reverse mortgage trade association announced that its Western Regional Meeting will be held April 29 in Irvine, California.
- Tuesday is tariff day for homebuilders February 28, 2025Homebuilders crave certainty in an increasingly chaotic economy. They hope to get it Tuesday when multiple tariffs are set to take effect.
- HUD secretary to NAHB: Costly regulations will be terminated February 28, 2025In a speech to NAHB leaders, Scott Turner targeted regulations as an impediment to bolstering the supply of affordable homes.