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HousingWireHousingWire At the tail end of 2024, mortgage borrowers shifted their attention away from conforming mortgages and toward refinance opportunities. A report released Tuesday by Optimal Blue found that the conforming loan share sank to historic lows in December. Optimal Blue’s December 2024 Market Advantage report is a monthly study…
Continue reading →HousingWireHousingWire When the Supreme Court on Monday denied the National Association of Realtors’ (NAR) petition to hear its appeal of a lower court’s ruling that allowed the Department of Justice (DOJ) to reopen its long-running investigation, the trade group officially ran out of court options. But while it may seem…
Continue reading →HousingWireHousingWire The Federal Housing Finance Agency (FHFA) on Tuesday announced the publication of a new, final rule in the Federal Register seeking to expand liquidity for the Federal Home Loan Bank (FHLBank) system, which would be accomplished by adjusting the treatment of some short-term FHLBank investments. The rule modifies the…
Continue reading →HousingWireHousingWire Move over, Hunter S. Thompson, and make way for Cyberbacker CEO Craig Goodliffe. According to a Fox News affiliate in Salt Lake City, Goodliffe was arrested in Ogden, Utah, last week for allegedly giving his 8-year-old son marijuana candy. This led to charges of child endangerment, purchase of a…
Continue reading →HousingWireHousingWire Home Equity Conversion Mortgage (HECM) volume took a hit in 2024 and the HECM-backed Securities (HMBS) issuance market also saw overall reductions in output for the year, giving further context to a challenging period for the reverse mortgage industry broadly. Once again, total issuance was down in 2024, and…
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