Author: badmortgage
The Sag Harbor, N.Y., home has hosted the reality TV show for the last five seasons.
The impairment rate of non-qualified mortgage (non-QM) loans rose to nearly 7.4% in February, underpinning what a recent report called “rapidly deteriorating” sector performance. That reflects an increase from about 7.1% at the end of 2025, according to dv01, a data analytics firm owned by Fitch Solutions. It also reflects the “largest monthly impairment increase on record” outside of the COVID-19 pandemic, the company said. Impairment rates capture the portion of non-QM loans that are delinquent or otherwise under modification within a securitized loan pool, with non-QM referring to mortgages that fall outside the conventional parameters of Fannie Mae, Freddie…
A new student loan program in Minnesota helps students who don’t have access to federal student loans or other aid programs
Photo by Alena Darmel via Pexels Listings for single-family homes and condominiums climbed sharply in March from a year ago while sales remained largely unchanged throughout the 27-county region represented by Kirkland-based Northwest Multiple Listing Service, according to a NWMLS report released Thursday.Snohomish County posted the fifth-highest increase in total active listings in the NWMLS territory, up 51.8% from March 2024, while the number of sales managed to rise 3.2%. In King County, inventory jumped 34.9% and sales declined 5.7%.For all NWMLS counties, active listings rose 29.3% year over year and closed sales rose just 0.2%, but activity picked up…
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SAN FRANCISCO, April 3, 2026 /PRNewswire/ — Hercules Capital (NYSE: HTGC) faces a securities class action lawsuit which seeks to represent investors who purchased or otherwise acquired Hercules securities between May 1, 2025 and February 27, 2026. The lawsuit follows Hunterbrook Media’s critical report, “The Myth of Hercules Capital,” which in part claims that Hercules’ sourcing process for deals merely copies those published on Google Ventures’ website. The developments have prompted national shareholders rights firm Hagens Berman to investigate claims that Hercules violated the federal securities laws. The firm urges investors in Hercules who suffered significant losses to submit your losses…
The median home sale price was down 30% compared to the same month a year ago.
Today’s jobs report is/was the only big-ticket calendar event and the most obvious source of bond market inspiration. That’s doubly true considering the even earlier-than-normal early close (12pm ET) for Good Friday. Payrolls were hot at 178k vs -133k previously. The big swing is the first hint that payrolls should be taken with a grain of salt. Large swings were expected, to some extent, due to large strikes and the end of those strikes. Weird weather played a role to a lesser extent. Strikes aside, the market has shifted its jobs report focus more toward the unemployment rate over the…
The southern views from the 88th floor of 520 Fifth Avenue, on West 43rd Street, are divine. You face the Empire State Building’s spire and Manhattan’s tapering tip, jutting into New York Harbor, as well as the Statue of Liberty and beyond. But this new condominium features more than a godly cityscape. The 1,002-foot tower also offers a unique vantage point on Manhattan’s evolving real-estate market. No investment is a sure thing, and New York mayor Zohran Mamdani’s recent bid to raise taxes on billionaires—or on high-value homes, or both—is only the latest threat to local property values. But New…
LEHI – Mortgage rates are now at their highest level in months.Freddie Mac reported on Thursday that the average rate for a 30-year fixed mortgage rose to 6.46% just as the spring buying season gets underway.Those rates had dipped recently below 6% to levels not seen since 2022 — until the war started in Iran. Now fewer people are applying for home loans, according to the Mortgage Bankers Association, and the typical mortgage payment is inching up, per a study from real estate company Redfin.”Not a huge fan of rates going up,” said Braden Christensen, who lives in a condo…