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Lending activity among builders surged over 22% annually in December, but the growing share of FHA-backed borrowing in the segment took a step back for the first time in four months, the Mortgage Bankers Association said.
January 18 -
The transactions grew between second and third quarter, with the new-home market seeing one of its largest surges in cash-buying in 13 years.
October 27 -
Decreased availability of bank capital for new commercial construction helped slow activity from the previous nine quarters, according to a new report.
September 8 -
The May uptick in nonbank housing-finance payrolls came almost entirely from lender hiring as loan broker numbers plateaued and construction demand persisted.
July 7 -
Construction activity in smaller cities also saw a significant annual decline, according to the National Association of Home Builders.
June 6 -
The Mortgage Bankers Association sees the likelihood of a rise in sales activity later this year based on recent construction trends, in a turnaround from the 2022 market.
May 19 -
Fannie Mae researchers found housing costs decelerating for the fourth straight quarter, but limited inventory may be driving hopeful buyers to look for opportunities in the new-construction market.
April 18 -
The CFPB is requesting input on adding specifications that are intended to alleviate TRID compliance concerns on construction-to-permanent single-close loans and those requiring separate construction and home loan closings.
March 6 -
Kindred Home Loans will serve buyers of properties in Dallas and San Antonio markets.
December 27 -
The decline in loan activity and softening prices also helped drive down builder sentiment for the 11th month in a row.
November 17