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  • Forbearance exits more like a drip than a wave last week March 8, 2021
    Mortgages in forbearance fell 3 basis points in the last week of February, down to 5.2% due to a slight increase in forbearance exits, the MBA said. The post Forbearance exits more like a drip than a wave last week appeared first on HousingWire.
  • Is Q1 the last quarter to ride the refinance wave? March 8, 2021
    A rise in refinance rate locks in mid-February suggests procrastinating borrowers continued to jump on record-low rates before they rose, Black Knight said. The post Is Q1 the last quarter to ride the refinance wave? appeared first on HousingWire.
  • Will higher mortgage rates cool the housing market? March 8, 2021
    The current economic data shows we should expect higher mortgage rates this year, but will that be enough to cool down the housing market? The post Will higher mortgage rates cool the housing market? appeared first on HousingWire.
  • MBA’s spring forecast: a record purchase volume year March 8, 2021
    Demand for homes will be bolstered by an improving job market, favorable demographic trends, and mortgage rates that, while rising, are still low from a historical perspective. The unemployment rate, which was at 6.2% in February, is expected to drop to 4.7% by the end of the year, with hiring accelerated by a surge of […]
  • Rocket Pro TPO finally reveals broker origination volume March 8, 2021
    For the first time ever, Rocket Pro TPO has disclosed how much business it does in the broker space. The lender says UWM's ultimatum was borne out of fear. HW+ Premium Content The post Rocket Pro TPO finally reveals broker origination volume appeared first on HousingWire.
  • Savvy lenders are already preparing for the next valley – Here’s how March 8, 2021
    Despite increased rate of tech adoption, the mortgage industry still has room for continued development and processes. HousingWire sat down with Renata Sheyner, vice president of product at CreditXpert, to learn more about key technologies that lenders need to give more attention to. The post Savvy lenders are already preparing for the next valley – […]
  • Fannie Mae: buyer, seller confidence should rise soon March 8, 2021
    Despite buyer and seller confidence dropping in February, Fannie Mae experts believe housing optimism is on the horizon thanks to the vaccine rollout The post Fannie Mae: buyer, seller confidence should rise soon appeared first on HousingWire.
  • What to do about the appraiser shortage March 5, 2021
    Overcoming the current appraiser shortage is the first hurdle in restocking the shallow field. But compounding the problem is a lack of appraisers entering the profession. The post What to do about the appraiser shortage appeared first on HousingWire.
  • Mat Ishbia outlines UWM purchase strategy March 5, 2021
    One of UWM's long-term plays is holding onto mortgage servicing rights. Ishbia said UWM finished 2020 with about $185-190 billion in MSRs, and said he expects UWM will grow that to about $300 billion this year. The post Mat Ishbia outlines UWM purchase strategy appeared first on HousingWire.
  • A deep dive on loanDepot’s latest earnings March 5, 2021
    This HousingWire Daily episode transcript reviews loanDepot’s latest earnings report following the lender’s recent IPO. It also examines what the rise of Compass could mean for the market going forward. HW+ premium content. The post A deep dive on loanDepot’s latest earnings appeared first on HousingWire.