Home prices have soared over the past few years, which has incidentally constrained inventory due to a tax limit set in the 1990s. Processing Content At least 10% of homeowners in seven states pay capital gains taxes, which can be as high as 20%, on the profits they make from the sale of their home, […]
Cap-gains lock-in effect creeps inland: watch SD, WV listings Read More »
Nine in ten lenders now use some form of digital mortgage during origination, up from 74% just two years ago, according to a survey of 100 lenders spanning banks, credit unions and independent mortgage banks. For the remaining 10%, the gap is starting to show up on the bottom line: lenders using eNotes can save
eNotes hit 15% of MERS volume; laggards risk $300/loan Read More »
Dynex Capital has been increasingly investing in specified pools as part of a strategy that drove consensus-beating earnings to common shareholders in the second quarter, highlighting some broader trends related to prepayment protection. Processing Content The real-estate investment trust generated $178.4 million in net income to common shares during the period, beating the S&P Capital
Why Dynex bet on spec pools as AI refi risk looms Read More »