HousingWire tracked 62 mergers, acquisitions, exits and bankruptcies covered by the newsroom in 2023. Analysts foresee more next year.
Search Results for: 2024
11 Results found for 2024
HousingWire spoke to housing market analysts to understand the challenges and opportunities for mortgage lenders in 2024.
The increase in conforming and FHA loan limits will help certain homebuyers, but will it move the needle enough on affordability challenges?
In 2024, FICO will charge one price – higher than the current price – to all mortgage lenders. It is moving away from the tier-based structure it implemented in early 2023.
The baseline conforming loan limit for mortgages backed by Fannie Mae and Freddie Mac in 2024 will be $766,550.
Blend continued to narrow its financial losses in the third quarter driven by strong growth in its consumer banking business.
Though analysts at Fitch Ratings expect mortgage rates to drop before the end of 2024, it won’t drive significant refi volume.
UWM raised its conforming loan limits to $750,000 following other firms’ moves ahead of the FHFA’s November decision.
Chicago-based Guaranteed Rate raised agency conforming loan limits to $750,000 on Monday, compared to the current limit of $726,200.
Fannie Mae expects home sales in 2023 to be roughly at 2009 levels, regardless of whether a soft landing is achieved. And 2024 looks just marginally better.
Mortgage tech firm Blend Labs narrowed its financial losses in the second quarter on the strength of its platform business as well as cost-cutting measures.