Brad Finkelstein - Profile and Journalist Details
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Brad Finkelstein
Verified
Originations Editor, National Mortgage News
New York
Beats
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Science, environment, conflict
Content
By Brad Finkelstein Verified| National Mortgage News Verified After two years of net production losses, independent mortgage bankers ended 2024 in the black on their originations; however, for smaller lenders, it was a different story, the Mortgage Bankers Association said. In another piece of good news, net servicing income also increased year-over-year. It is only the third time since 2018 both sides of the business made money in the same year.
By Brad Finkelstein Verified| National Mortgage News Verified Mortgage rates increased more than 20 basis points this week, but remained below the 7% mark, according to Freddie Mac. The gain matches that in the latest Mortgage Bankers Association's Weekly Application Survey, but other rate trackers, which posted gains last week, moved in the other direction. The 30-year fixed-rate mortgage averaged 6.83% on April 17, the Freddie Mac Primary Mortgage Market Survey reported.
By Brad Finkelstein Verified| National Mortgage News Verified After two years of net production losses, independent mortgage bankers ended 2024 in the black on their originations; however, for smaller lenders, it was a different story, the Mortgage Bankers Association said. In another piece of good news, net servicing income also increased year-over-year. It is only the third time since 2018 both sides of the business made money in the same year.
Company Info
National Mortgage News
National Mortgage News (NMN) is a digital information resource focused on the residential mortgage industry. It provides news analysis, regulatory insights, and industry perspectives to a wide audience, including lenders, servicers, brokerage firms, vendors, and regulators. NMN is part of Arizent, a company that enhances professional communities through data-driven insights and events. NMN delivers in-depth coverage of mortgage industry trends and compliance updates. It hosts industry events that bring together stakeholders to discuss critical topics such as technology and market consolidation. The platform features comprehensive articles, reports, and interviews with industry leaders, fostering dialogue on innovation and challenges within the sector. With an audience of 239,000 professionals, NMN plays a vital role in connecting industry leaders and addressing evolving challenges in the mortgage landscape.
New York, New York, United States
'+1 800-869-6882
Founded: 1976