Why didn’t we see a national home-price correction in 2024?
Existing home sales ended the year on a positive note, which aligns with our weekly Housing Market Tracker data, but something surprising is that home prices firmed up late in the year as well. We observed a shift in the forward-looking data starting in the summer, which continued throughout the yea
Read MoreMBA urges CFPB to delay nonbank registry rule due to Trump regulatory freeze

The Mortgage Bankers Association (MBA) on Friday sent a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, requesting that the bureau delay the compliance dates of a final rule requiring the registry of nonbank financial services providers.The bureau initially announced the
Read MoreMortgage insurer credit ratings shouldn’t be harmed by recent natural disasters

Fitch Ratings reported this week that recent natural disasters that have damaged thousands of homes and businesses — including the Southern California wildfires and hurricanes Milton and Helene in the Southeast — are not expected to heavily impact paid claims experience or credit ratings for mortgag
Read MoreGuaranteed Rate Affinity hires Andy Ward as originating manager in Missouri

Guaranteed Rate Affinity announced on Friday that it has hired Andy Ward as its originating manager in Cottleville, Missouri.Ward brings a proven track record of success and leadership in the mortgage industry. The 25-year mortgage leader reportedly joined Guaranteed Rate Affinity to align with the
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