Pennymac and Finance of America followed the tracks of Rocket Pro TPO and United Wholesale Mortgage in raising conforming loan limits ahead of the Federal Housing Finance Agency‘s (FHFA) decision to do so in November. Pennymac will be increasing conventional loan limits to $715,000 across all channels, said the country’s third largest mortgage lender, according […more]
Erin Halbert is the regional leader for Thrive Mortgage Arizona. She sat down with HousingWire to share her excitement for the upcoming HousingWire Annual conference and her role on the welcome committee. HousingWire: What are you most looking forward to at HW Annual 2022? Erin Halbert: One of my classic statements is, “only the strong […more]
Designed with a dark exterior and built from concrete, glass, and burnt wood, the Sleeve House is on the market for $2,275,000.
The Bay Area’s housing market is not known for its affordability. But as home prices continue to drop here, more and more cities are giving San Francisco’s pricey reputation a run for its money in the real estate department. According to RealtyHop’s latest housing affordability index, six cities have housing markets more unaffordable than San […more]
There’s just something about a college town vibe that draws people in. Here’s where to find affordable homes in college towns in 2022.
The pace of mortgage-backed securities (MBS) issuance in the nonagency market slowed considerably in July and August as rising interest rates and Federal Reserve MBS-purchase policy have combined to dampen the momentum exhibited in the private-label space in 2021 and over the first half of this year. In July and August of this year, there was a […more]
The “wonderful mid-century home” at 3555 Pacific Avenue, which is “located right on the Presidio Wall in a gorgeous garden setting” and currently measures close to 4,000 square feet, with four bedrooms, a remodeled interior and a 600-square-foot, two-car garage, hit the market listed for $7.5 million in May of 2020 and sold to a […more]
As a financial technologist specializing in mortgage since long before “fintech” was a thing, I appreciate how tough market cycles force us to focus. For some individuals and companies, this is your first mortgage down cycle. For others, it’s just a new chapter in your journey. But one thing is certain for all of us: […more]
“Gilmore Girls” star Lauren Graham has reportedly picked up a new place in Los Feliz after selling her longtime home. She shelled out $2.7 million.
An influential banking trade group this week argued that the Federal Housing Finance Administration (FHFA) should not permit nonbank lenders and real estate investment trusts to become members of the $1 trillion Federal Home Loan Bank system. In a statement issued Tuesday, Rebecca Romero Rainey, president of the Independent Community Bankers of America, said the […more]