Take the Inman Intel Index survey for November

The post-August-deadline adjustment period is drawing to a close and the next chapter is about to begin. Add your insights to the Inman Intel Index, real estate’s most ambitious monthly survey. Continue reading

Healthy FHA reserves justify premium cuts, lenders say

Private mortgage insurers are hoping to head off another FHA premium cut, like the 35 percent reduction approved last year by the Biden administration that’s project to save homebuyers $5.1 billion over 10 years. Continue reading

Amerant Bank exits Texas but still providing mortgages nationwide

Florida-based community bank sells its Houston branches to MidFirst Bank, but growing mortgage subsidiary Amerant Mortgage has a presence in most states. Continue reading

Porch shares soar 55% on $14M Q3 profit and restructuring plan

Regulators have signed off on plans to restructure insurance business into a company that’s owned by policyholders and operated by Porch, insulating it from catastrophic weather events. Continue reading

Record number of Americans say they’d rather rent than buy

Housing market sentiment rose in October to the highest level since February 2022, but 8 in 10 consumers still said it was a bad time to buy, Fannie Mae survey finds. Continue reading

New customers and layoffs help Blend approach profitability

In addition to signing a multi-year deal with Pentagon Federal Credit Union, Blend laid off 50 workers in September, or about 9 percent of its workforce. Continue reading

Investors betting Trump will privatize Fannie Mae, Freddie Mac

Shares in the mortgage giants soared Wednesday on expectations that the Trump administration and Congressional Republicans will revive efforts to privatize the companies. Continue reading

Mortgage rates climb as investors weigh impact of election results

Appetite for bonds wanes as investors pile into the stock market and assess whether Donald Trump’s return to the White House will fuel more government borrowing and reignite inflation. Continue reading

LoanDepot is back in the black for the first time since Q4 2021

Beleaguered lender ekes out $2.67 million third quarter profit, with loan originations up 9 percent from a year ago as refinancings bounce back on retreat in rates. Continue reading