NextGenMortgage

The distressed loan sales strategy has been in test mode since 2002. A rise in owner-occupant transactions may have made it more compelling. https://www.nationalmortgagenews.com/news/fha-program-finally-moves-beyond-demonstration-stage

Premium volume increased by 5.3% year-over-year, while operating income was up, but industry expenses also rose in the third quarter, the American Land Title Association said. https://www.nationalmortgagenews.com/news/title-insurance-premiums-climb-in-q3-on-rate-drop

Mortgage rates should decline very gradually next year as the Federal Reserve will keep to its implied path of short-term rate reductions, Freddie Mac said. https://www.nationalmortgagenews.com/news/jobs-rates-and-insurance-influence-freddies-2025-outlook

The Federal Housing Administration reported a 96 basis point increase in its capital ratio for fiscal year 2023, and lenders want more changes to the program. https://www.nationalmortgagenews.com/news/fhas-strong-capital-levels-should-end-life-of-loan-rule

The majority of bigger, rated nondepositories will start the year with leaner operations. Opportunities are narrower for smaller players and vary by channel. https://www.nationalmortgagenews.com/news/rocket-pennymac-uwm-ratings-upgraded-by-fitch