BTIG: Higher rates to hit Q2 originations as nonbanks lean on MSR gains

Higher mortgage rates will weigh on second-quarter originations and third-quarter guidance for nonbank lenders, even as slower prepayments bolster servicing income, BTIG analysts said in a report issued Monday. Earnings season will start on Tuesday with Wells Fargo and JPMorgan Chase, giving investo
Read MoreWhy flexible private capital is becoming a builder growth strategy

Homebuilders are navigating a market where slower absorption, elevated costs and shifting buyer demand are testing even the most experienced operators. In that environment, capital is more than a funding source. It influences liquidity, production pace and long-term growth. For regional and mid-size
Read MoreIran conflict lifts mortgage rates, but housing demand stays positive

Last week saw an escalation of the Iran conflict, with missile strikes and rising mortgage rates as a result, but housing demand still held firm and inventory was only down a smidge year over year. We should be mindful that our data was hit by the 4th of July weekend, but even with that, demand was
Read MoreTrump didn’t sign it, but the 21st Century ROAD to Housing Act is now law

After months of deliberation, delays and drama, the 21st Century ROAD to Housing Act has finally crossed the finish line. The legislation, aimed at cutting red tape and making homeownership more attainable, is now the law of the land after President Donald Trump declined to sign or veto the bill be
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