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2 minute read

Housing Activity ‘Took A Nosedive’ As Mortgage Rates Hit 15 Year Highs – A Chart That Says It All

September 9, 1:12 PM

Mortgage rates are at their highest point since the Great Recession as housing affordability continues to decline, according to Freddie Mac (OTCMKTS: FMCC) data.

FGBI

1 minute read

News

Home Point Capital Says On Aug. 31, 2022 Announced Co. Has Taken Additional Cost-Saving Measures, Says Combined With Those Taken In Q2, Cost-Saving Measures Expected To Result In Savings Of Over $100M On Annualized Basis

By Michael Horton

September 1, 5:01 PM

-Reuters

HMPT

9 minute read

Benzinga’s Top Ratings Upgrades, Downgrades For August 15, 2022

By Benzinga Insights

August 15, 10:12 AM

AEL

1 minute read

Wedbush Downgrades Home Point Capital to Neutral, Lowers Price Target to $4

By Benzinga Newsdesk

August 15, 7:16 AM

Wedbush analyst Jay McCanless downgrades Home Point Capital (NASDAQ:HMPT) from Outperform to Neutral and lowers the price target from $5.5 to $4.

HMPT

17 minute read

Earnings Scheduled For August 11, 2022

By Benzinga Insights

August 11, 5:09 AM

Companies Reporting Before The Bell • Magic Software (NASDAQ:MGIC) is projected to report quarterly earnings at $0.27 per share on revenue of $131.70 million.

AACG

2 minute read

As Mortgage Demand Is Slashed Due To Rising Rates, So Are The Valuations Of These Companies

By AJ Fabino

July 20, 7:45 PM

Between June 10 and 17, 11 publicly traded mortgage companies saw their market value decline by a combined $6.14 billion.

COOP

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