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LoanDepot expects 2027 profitability as home equity products lift margins
loantrust.ai

LoanDepot expects 2027 profitability as home equity products lift margins

Educational BREAKING — National Mortgage News reports that LoanDepot is looking ahead to 2027 profitability, banking on home equity products to lift margins even as third-quarter losses widened. The trade-off is plain: smaller home equity loans are moving unit volume higher without pulling origination dollars up with them. It

Hans Michel/ / 2 min read
Servicers need to update analytics as retention rate drops
loantrust.ai

Servicers need to update analytics as retention rate drops

Educational BREAKING — National Mortgage News reports that refinance retention fell four percentage points to 27% between the second and third quarters, according to ICE's latest mortgage monitor report. That decline signals a broader shift in how homeowners are behaving when rates move, and it leaves servicers with a

Hans Michel/ / 1 min read
Mortgage Rates Dip Ahead of a Big Week for Inflation Data
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Mortgage Rates Dip Ahead of a Big Week for Inflation Data

Educational Redfin News reports that mortgage rates have edged lower as investors scale back expectations for additional Federal Reserve rate hikes, though the trajectory remains uncertain with key inflation data scheduled for release this week. The political landscape adds another variable, with Democratic electoral gains now factoring into market calculations.

Hans Michel/ / 2 min read
Treasury yields rise as CPI data tests mortgage rate outlook
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Treasury yields rise as CPI data tests mortgage rate outlook

Educational BREAKING — Mortgage Professional America reports that Treasury yields climbed following a stronger-than-expected October jobs report, with fresh inflation data now poised to test the outlook for mortgage rates. Bond markets had already absorbed the pressure from robust employment figures, and any sustained upward movement in yields would

Hans Michel/ / 2 min read
AI will create jobs, but staff must adapt, commercial mortgage exec says
loantrust.ai

AI will create jobs, but staff must adapt, commercial mortgage exec says

Educational BREAKING — Mortgage Professional America reports that Eastern Union's Bergman sees artificial intelligence creating jobs rather than eliminating them, provided staff learn to adapt. The executive described how employees at the firm have taken on additional responsibilities by automating routine tasks, shifting their focus toward higher-value work

Hans Michel/ / 2 min read
ICE: Borrowers reach record tappable equity as cash-out refis drive runoff
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ICE: Borrowers reach record tappable equity as cash-out refis drive runoff

Educational HousingWire reports that ICE's November Mortgage Monitor recorded $17.5 trillion in home equity, with cash-out refinances accelerating and servicer retention on refinancing borrowers dropping to 27 percent. The scale of tappable equity is now at a record level, meaning millions of homeowners sit on substantial

Hans Michel/ / 2 min read
Home listings pile up in October, but sellers won't slash prices
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Home listings pile up in October, but sellers won't slash prices

Educational CNBC Real Estate reports that the housing market stayed locked in a deep freeze through October, with listings stacking up even as sellers held firm on price. The standoff deepened a pattern that began in September: more inventory on the shelves, but no corresponding wave of markdowns to move

Hans Michel/ / 2 min read
The ‘Blue Wave’ Swept Top Homebuilding States. What Happens Next?
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The ‘Blue Wave’ Swept Top Homebuilding States. What Happens Next?

Educational Realtor.com News reports that a Democratic sweep in top homebuilding states has put housing affordability squarely on the policy agenda, with new administrations now facing pressure to deliver measurable relief in markets where construction costs and home prices have outpaced wages. The political outcome alone does not change

Hans Michel/ / 2 min read
Housing Week Ahead: Hottest Markets, Inflation, and Existing-Home Sales
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Housing Week Ahead: Hottest Markets, Inflation, and Existing-Home Sales

Educational Realtor.com News is preparing to release a steady flow of economic reports in the coming week, covering the hottest housing markets, inflation trends, and existing-home sales data. The publication's economics team will be weighing in on multiple fronts, giving market participants a fuller picture of

Hans Michel/ / 2 min read