3 quick takeaways from the mortgage conference happening right now

3 quick takeaways from the mortgage conference happening right now

Tidbits from SourceMedia Mortgage Servicing conference

New home sales plummet 14.5% in March

Spring buying season off with a whimper

4 metrics reveal California's true housing market

Foreclosures dwindle as home prices skyrocket
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Investments / Lending
From HW Magazine

ARMs revival framed by harder regs

Government spoils the party just as it got started

In the chase for mortgage origination crumbs, Chairman and CEO of PennyMac Stanford Kurland noted that ARMs "have become more attractive relative to fixed-rate mortgages."
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