A pair of metrics that examine competition in the marketplace went in different directions in March, Zillow found. https://www.nationalmortgagenews.com/news/time-to-sell-decreases-but-price-cuts-rise
NextGenMortgage
Fed’s Logan says ‘much too soon’ to think about cutting rates
Logan, whose remarks are closely watched by investors given her prior role managing the central bank's asset portfolio at the New York Fed, said she's increasingly concerned that inflation progress could stall out....
UWM allegations give industry “another black eye” some say
Industry stakeholders predict the bombshell allegations around how United Wholesale Mortgage does business will impact customer sentiment and could lead to more regulatory oversight. https://www.nationalmortgagenews.com/news/uwm-allegations-give-industry-another-black-eye-some-say
What makes mortgage professionals embrace, or balk at, AI use
While many working in home lending are looking to artificial intelligence for future efficiency and automation, job loss is also a concern among a majority of respondents in a new Arizent survey. https://www.nationalmortgagenews.com/list/mortgage-industry-expresses-concerns-and-hopes-over-ai-use
New Ginnie Mae MSR-related note transactions emerging
KBRA recently assigned low-end investment grade designations to Freedom Mortgage and Pennymac transactions that involve interests in Ginnie Mae mortgage servicing rights. https://www.nationalmortgagenews.com/news/new-ginnie-mae-msr-related-note-transactions-emerging