HousingWireHousingWire Prospective buyers face numerous obstacles on their journey to homeownership, with access to credit often serving as a major hurdle. Mortgage denial rates vary significantly across the U.S., with some states seeing far higher rejection rates than others, according to a new report from the National Association of Realtors…
Continue reading →HousingWireHousingWire As the second Trump administration contemplates the potential establishment of a sovereign wealth fund (SWF) — a state-owned investment fund that typically invests in real and financial assets like stocks, bonds, real estate or alternative investments — the Treasury secretary is reportedly contemplating the inclusion of the government-sponsored enterprises…
Continue reading →HousingWireHousingWire President Donald Trump appears to be softening his stance on his most dramatic tariff proposal, but it’s not much relief to homebuilders. According to reports from The Wall Street Journal and Bloomberg, the administration is considering a scaled-back version of its so-called reciprocal tariffs, which would impose matching tariff…
Continue reading →HousingWireHousingWire After a very disappointing first quarter with home sales failing to climb over 2024’s already anemic levels, signs are finally emerging in March that we’ve turned the corner to have some growth. This week’s pending home sales count came in at just under 69,000 single-family homes, which was 2.3%…
Continue reading →HousingWireHousingWire New York-headquartered Rithm Capital, the parent company of multichannel lender Newrez, on Monday announced the successful closing of what it calls the largest-ever mortgage servicing rights (MSR) debt issuance. The MSR-backed note totals $878 million and is only the second nonrecourse MSR securitization in market history, following Rithm’s $461…
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