The silver lining of record high home prices

High mortgage signal less market competition, but some homebuyers may benefit more than others.

A modest slowdown could give buyers more selection.

Public investments total $30 billion in capital and counting.

As mortgage rates go up, the housing rally slows down.

First-time buyers are struggling to keep up.

Originations of large jumbo loans that exceed the conforming limits set for Freddie Mac and Fannie Mae could hit a level this year that hasn’t been seen since the run up to the 2008 credit collapse.

As the mortgage industry wonders what to do next it will have to pivot from risk models that are focused on credit and operating risk underwritten and priced by insurance companies.