Housing Wire

DECEMBER 15, 2020

“November new home sales activity, both mortgage applications and home sales, ran at a pace considerably ahead of 2019, showing the ongoing strong growth in housing demand and new residential construction,” Kan said. The average loan size of new homes increased from $355,684 in October to $357,554 in November, according to the survey.

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Housing Wire

JULY 3, 2024

Refinance activity also remains subdued — although there was a slight increase in applications for conventional refinance loans.” The MBA’s survey — which covers 75% of all retail residential mortgage applications in the U.S. The average rate for jumbo loans (balances above $766,550) rose 7 basis points to 7.11%.

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Housing Wire

NOVEMBER 7, 2024

According to the MBA, the seasonally adjusted rate for residential property (one- to four-unit) delinquencies dropped to 3.92% at the end of September. Surveyed loan types include Federal Housing Administration (FHA) loans, U.S. Department of Veterans Affairs (VA) loans and conventional loans.

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Housing Wire

SEPTEMBER 25, 2024

And the rate for Federal Housing Administration (FHA) loans dropped to 5.99%, “breaking the psychologically important 6% level,“ according Joel Kan, the MBA’s vice president and deputy chief economist. “As Rates for 15-year fixed loans rose to 5.47%, while rates for 5/1 ARMs rose to 5.76%.

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Housing Wire

JUNE 1, 2023

Are low-FICO, first-time homebuyers better off with a conventional mortgage and reduced LLPA fees, or an FHA loan with none at all? We spoke to multiple loan officers and Washington, D.C.-based based think tank Urban Institute to hear their takes. So it’s kind of a mixed message,” he explained.

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Housing Wire

OCTOBER 9, 2024

4, Federal Housing Administration (FHA) loans decreased by 40 bps and represented 16.2% Department of Veterans Affairs (VA) loans rose by 150 bps to account for 16.9% The average contract interest rate for 30-year fixed-rate loans with conforming balances ($766,550 or less) jumped from 6.14% to 6.36% during the week.

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Housing Wire

JANUARY 3, 2024

“The housing market has been hampered by a limited supply of homes for sale, but the recent strength in new residential construction will continue to help ease inventory shortages in the months to come,” Kan added. The share of Federal Housing Administration (FHA) loan activity decreased to 14.5% from 15% the week prior.

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Housing Wire

AUGUST 11, 2023

The seasonally-adjusted delinquency rate for one-to-four-unit residential properties stood at 3.37% in the second quarter of this year, down 27 basis points compared to the same period one year ago and 19 basis points quarter over quarter, the MBA reported.

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Housing Wire

MARCH 6, 2024

Of note, purchase volume — particularly for FHA loans — was up strongly, again showing how sensitive the first-time homebuyer segment is to relatively small changes in the direction of rates. retail residential mortgage applications. Department of Veterans Affairs (VA) share declined to 11.4%, down from 11.7% the week before.

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Housing Wire

JANUARY 19, 2024

Last year, half of the originated loans were conventional, followed by 35% of FHA loans and 14% of V.A. Sources told HousingWire that New York-based RealFi (formally known as Residential Home Funding Corp. Also in California, Pennymac Financial Services issued pink slips to more than 80 employees in November.

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Housing Wire

AUGUST 7, 2024

Refinance applications picked up as mortgage rates fell last week, but purchase loan activity had only a small gain, according to data released Wednesday by the Mortgage Bankers Association (MBA). The MBA’s survey — which covers 75% of all retail residential mortgage applications in the U.S. 2 compared to the previous week.

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Housing Wire

AUGUST 15, 2024

According to the Mortgage Bankers Association (MBA), the second-quarter 2024 delinquency rate for mortgages on one- to four-unit residential properties increased to 3.97% on a seasonally adjusted basis. Department of Veterans Affairs (VA) loans. Meanwhile, the July foreclosure report from Attom sends similar signals of rising distress.

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Housing Wire

JULY 17, 2024

In total, refinance loans accounted for 38.8% The MBA’s survey — which covers 75% of all retail residential mortgage applications in the U.S. The average rate for jumbo loans (balances above $766,550) fell from 6.87% to 6.75%. Federal Housing Administration (FHA) loans accounted for 13.5% in the previous week.

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Housing Wire

DECEMBER 28, 2023

Targeting first-time homebuyers Those who catered to first-time homebuyers’ needs – offering Federal Housing Administration (FHA) loans and down payment assistance loans – fared relatively well compared to other colleagues who didn’t expand their target clients. Builders for sure are doing it,” Herrera noted.

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Housing Wire

FEBRUARY 7, 2023

. “The little that I’ve dabbled in assumable loans, they are very difficult to maneuver,” Rochelle Gano, a Vancouver, Washington-based loan officer at Movement Mortgage , told HousingWire. Gano added that FHA loans seem “a little more workable” than the VA and USDA options.

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Housing Wire

JUNE 3, 2022

Since then, Lakeview has unveiled two additional PLS offerings involving pools of delinquent FHA loans also securitized via Ginnie Mae. The more recent offerings — Lakeview Trust 2022-EBO2, which closed in late April; and Lakeview Trust 2022-EBO3, set to close in early June — also involve EBO loans, according to KBRA ratings reports.

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Housing Wire

FEBRUARY 27, 2024

were conventional loans and 30.5% were FHA loans. In early February, the company announced the acquisition of the residential mortgage business of Chicago-based Draper and Kramer Holding , a financial and real estate services provider. NAF originated more than $9 billion in mortgages in 2023, per Modex. Of the total, 53.6%

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Housing Wire

JULY 10, 2024

Department of Housing and Urban Development (HUD) on Wednesday posted an updated draft of its proposed defect taxonomy for servicing Federal Housing Administration (FHA) loan reviews. “We look forward to meeting with our members to formulate our comments on the proposal.”

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Housing Wire

AUGUST 19, 2021

Delinquency rates for mortgage loans on one-to-four-unit residential properties shrank across the board to 5.47% in the second quarter, according to a Mortgage Bankers Association survey published this week. Compared to the previous quarter , the delinquency rate dropped 91 basis points and was down a whopping 275 bps from a year ago.

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Housing Wire

JULY 19, 2022

New residential construction and permitting activity weakened from March through May, which reduced the number of homes available for home buyers, according to survey results. The average loan size dropped to $426,966 in June from May’s $430,855, MBA said. Conventional loans accounted for 73.7% of loan applications.

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Housing Wire

AUGUST 14, 2024

But the industry is not yet out of the woods, said Todd Sheinin, the Maryland-based vice president of strategy and development at Primary Residential Mortgage Inc. “As The recent declines in mortgage rates have been good news for mortgage professionals and consumers alike.

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Housing Wire

FEBRUARY 16, 2023

The delinquency rate for mortgage loans on one- to four-unit residential properties rose 51 basis points from the previous quarter to a seasonally adjusted rate of 3.96% of all loans outstanding in the fourth quarter of 2022, according to the Mortgage Bankers Association (MBA).

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Housing Wire

MAY 5, 2022

Delinquency rates for mortgage loans on one-to-four unit residential properties dropped 43 basis points to 4.11% from the previous quarter. The delinquency rate for FHA loans declined 118 basis points from fourth-quarter 2021 and was down 509 basis points one year ago.”. A basis point is 1/100th of one percent.

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Housing Wire

JULY 22, 2024

If you look at the last 50 years of the real estate industry, the rules around residential transactions have become very complex. Fifty-five years ago, when I was first licensed, we had a one-page VA loan, a one-page FHA loan, and a one-page listing agreement and two pages for a buying agreement.

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Housing Wire

DECEMBER 29, 2022

That isn’t what residential housing credit risk is supposed to look like. People who buy homes late in an expansion and lose their jobs with no selling equity will likely lead to a foreclosure, most likely those with FHA loans.

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Housing Wire

SEPTEMBER 11, 2024

Mortgage rates have declined for six straight weeks, pushing loan application volume up 1.4% The MBA’s survey — which covers 75% of all retail residential mortgage applications in the U.S. during the week ending Sept. 6, according to the Mortgage Bankers Association (MBA).

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Housing Wire

MAY 31, 2022

The Mortgage Bankers Association expects loan origination volume to drop to about $2.5 New Western, which specializes in distressed residential investment properties, aims to revitalize $543 million in residential properties in the Chicago market over the next five years. But that hasn’t been a deterrent for all firms.

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Housing Wire

APRIL 5, 2023

retail residential mortgage applications. But the decline in demand for mortgage loans was more evident in the government market, which consists of Federal Housing Administration (FHA), U.S. Overall, mortgage applications declined 4.1% The survey, conducted weekly since 1990, covers over 75% of all U.S.

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Calculated Risk Real Estate

FEBRUARY 6, 2025

From the MBA: Mortgage Delinquencies Increase in the Fourth Quarter of 2024 The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.98 ” Added Walsh, “Government loans are also rolling to later stages of delinquency.

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Housing Wire

JULY 1, 2021

This will be especially true for lower-income households with FHA loans that started with very little equity to begin with due to the low-down payment requirement. All those missed payments and interest need to be paid back. Even the strong increases in property values might not be enough to also cover those missed payments.

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Housing Wire

FEBRUARY 8, 2022

But we’re having a hard time reaching out to them,” he said during a panel at the annual Residential Mortgage Servicing Rights Forum held in New York City in October. For example, with Federal Housing Administration ( FHA ) loans, 1.5 New York banned residential and commercial foreclosures until Jan. of the U.S.

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Calculated Risk Real Estate

MAY 16, 2024

From the MBA: Mortgage Delinquencies Increase Slightly in the First Quarter of 2024 The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.94 The percentage of loans on which foreclosure actions were started in the first quarter remained unchanged at 0.14

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AAOA

JUNE 9, 2025

Meet a local lender to confirm what you can borrow with FHA, conventional, or commercial terms. Pick Your Lane: Residential or Commercial 2–4 units (residential) → House‑hack with 3.5 %‑down FHA loans and 30‑year fixed rates. Tighten weaknesses now so you can close decisively later.

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RIS Media

MAY 9, 2022

The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 4.11% of all loans outstanding at the end of the first quarter of 2022, according to the latest Mortgage Bankers Association’s (MBA) National Delinquency Survey, released last week.

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The Close

MAY 20, 2025

Loan terms: 15-30 year fixed rate Time to funding: Within 60 days Minimum credit score: 620 Visit Pennymac Conventional commercial mortgage loans SBA 504 SBA 7(a) SBA microloans Business loans and lines of credit Commercial mortgage loan terms: Loan amount: $250,000-$5 million Interest rates: As low as 4.5%

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Housing Wire

OCTOBER 24, 2022

Prestwick is marketing four separate deals, two in partnership with MCT, valued in total at $2 billion — which together also feature MSRs for single-family residential loan pools from all three agencies. MIAC is handling one of those bulk offerings, one of the largest, valued at $2.44

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Realty Biz

DECEMBER 30, 2021

FHA Loans Do Not Have PMI. FHA loans have a different version called a mortgage insurance premium (MIP). You will want to know the specifics if this is the route you are going but it generally costs 0.45% to 1.05% of the loan amount and often remains for the life of the loan.

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