LoanDepot logs best quarter ever for purchase loans in Q2
But dwindling profit margins on shrinking mortgage refinancings take a deep bite out of second-quarter earnings. Continue reading
But dwindling profit margins on shrinking mortgage refinancings take a deep bite out of second-quarter earnings. Continue reading
For those who believe an impending doom is on the horizon, here is some bad news: It’s not going to happen. In this second of two opposing opinion pieces on the housing crash, Matthew Gardner shares why we won’t see any mythical bubble bursting. Continue reading
The booming housing market could be slowing down – Fannie Mae and Freddie Mac are predicting a decrease in mortgage originations in 2021. Continue reading
Decreasing mortgage rates contributed to the highest volume in mortgage originations in 14 years at a total of $752 billion, according to the Federal Reserve Bank of New York. Continue reading
Mortgage originations sunk to a four-year low in 2018, according to the Federal Reserve Bank of New York’s quarterly household debt report released Tuesday. Continue reading
Mortgage originations among self-employed households have fallen more than for salaried households. This decline has occurred even though self-employed persons earn more on average than salaried workers. Here we discuss several factors that influence t… Continue reading