Morning Roundup (1/8/2025) – Affordable Housing In 2025?

Good Morning! Today is Wednesday, January 8. Wildfires are destroying neighborhoods in Los Angeles. Donald Trump wants to take control over Greenland and the Panama Canal. Jimmy Carter is lying in state today in the Capitol.

The Mortgage Note Reports

Making Housing Affordable Again: Trump can take measures to fix the housing crisis, according to leaders at the AEI Housing Center. Editor Kimberley Haas has the story.

New Mortgage Platform: Digital lender Lower acquired Neat Labs and launched a new mortgage origination platform.

Applications Down: Mortgage applications sank last week as the holiday slowdown collided with rising rates.

In other mortgage and housing news…

Silver Lining: December 2024 saw a 22% growth in homes actively for sale compared with the same time a year earlier as demand sank to a 5-year low.

CFPB Suit: The CFPB says Experian does not properly investigate disputes, threatening consumers’ access to credit, employment, and housing.

Forced Intimacy: Can 35 roommates cure loneliness? A European co-living company thinks so and is shelling out for group homes in D.C.

Company News: BSI Financial Services, a mortgage fintech platform, announced that Allen Price has been selected to join the IMN Home Equity Investment Advisory Board.

Zoom In: These cities are affordable for buyers with the average local income, making homeownership possible in real life, not just on paper.

Migration Patterns: More people moved into West Virginia than any other state in 2024, while New Jersey topped the outbound list for the seventh consecutive year.