Housing Wire

JANUARY 10, 2024

Weltman also maintains the CAPS designation, in addition to being a Certified Senior Advisor (CSA) and Senior Real Estate Specialist (SRES), and also serves with the Mortgage Bankers Association (MBA). That stands as “a testament” to their dedication to the product category. We’re in growth mode,” Ziegler said. “We’re

Banks 381

Banks Mortgages Lending Loan Officer 381

Housing Wire

FEBRUARY 24, 2023

The award recognizes leaders and young talent who are moving markets forward through a variety of roles in the housing economy. And this year, HW Rising Stars is combining forces with the RT Emerging Leaders award to recognize leaders 40 years and under in all categories of house — including real estate.

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Closing Principal Mortgages Marketing 297

Housing Wire

JANUARY 11, 2023

And this year’s list will be even more robust as the nomination categories have been separated into both mortgage and real estate to welcome a broader pool of nominees. So what does it take to be among the HW Finance Leaders? Ready to nominate someone for the next class of HW Finance Leaders?

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Finance Banks Brokerage Closing 326

Housing Wire

OCTOBER 11, 2021

Last week, all categories showed declines. The loans and private-label securities (PLS) category showed a decline of 35 bps, to 6.42%. 3, 73% of the first-mortgage servicing market. Meanwhile, Fannie Mae and Freddie Mac loans dropped by 17 basis points to 1.21%. Per the MBA’s estimate, 1.3 The survey included data on 36.5

Loans 492

Loans Staging Mortgages Banks 492

Housing Wire

JUNE 1, 2023

Tracey Velt, senior director of data and content It’s official, there’s a new sheriff in town and his name is Glenn Sanford, founder of eXp Holdings and CEO of eXp Realty. As for eXp, in a recent interview, Sanford acknowledged that his firm wasn’t immune to the challenges of the current market.

Brokerage 301

Brokerage Residential Equity Agents 301

Housing Wire

JANUARY 16, 2024

There’s unlikely to be a flood of large homes hitting the market anytime soon,” Sheharyar Bokhari, a senior economist at Redfin, said in a statement. of all the three-bedroom-plus rentals nationwide, the largest share of any generational category.

Equity 419

Equity Mortgages As-is Sales 419

Housing Wire

OCTOBER 4, 2021

Last week, all categories showed declines. The most notable case was in the portfolio loans and private-label securities (PLS) category, dipping by 14 bps to 6.77% For depository servicers, the percentage declined 13 bps to 2.93%. 26, 74% of the first-mortgage servicing market. Per the MBA’s estimate, 1.4

Loans 376

Loans Staging Mortgages Banks 376

Housing Wire

MARCH 24, 2023

2022 was a roller coaster year, continuing the strong pandemic and post-pandemic fueled housing market through the first half of the year. Then, in the third quarter, we saw an abrupt stop to the record-breaking housing market. What is noticeable is that low-cost brokerage firms gained the most ground on the market.”

Brokerage 364

Brokerage Branding Agents Sales 364

Housing Wire

MAY 24, 2021

of loans in forbearance are homeowners who had cancelled forbearance but needed assistance again,” said Mike Fratantoni, MBA’s senior vice president and chief economist. The job market is recovering, but the pace of recovery thus far is slower than we had forecasted,” said Fratantoni. Currently, 5.3% Another 82.9%

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Loans Staging Mortgages As-is 431

Housing Wire

JULY 20, 2023

“Our view is that smaller teams generally have a closer-knit cultural fabric,” said Steve Murray, senior advisor to HW Media and a partner with RTC Consulting. The percentage spent on lead generation by the smallest team category was 9.7% “There were no surprises in this category of expenses,” says Murray.

Brokerage 254

Brokerage Agents As-is Technology 254

Housing Wire

APRIL 9, 2021

. “First-generation buyers who do buy homes often take on greater debt to do so or delay homeownership for years, making it difficult for homeowners of color to build wealth at the same pace as white homeowners,” said Jung Choi, a senior research associate with the Housing Finance Policy Center. Presented by: Citibank.

Equity 437

Equity Finance Closing Mortgages 437

Housing Wire

JUNE 22, 2021

In addition to last week’s drop, every investor category experienced some form of decline. More than 44% of borrowers who exited this week used a deferral plan, highlighting the importance of this option,” said Mike Fratantoni, MBA’s senior vice president and chief economist. a 4 basis point improvement ?

Short sale 374

Short sale Loans Equity Mortgages 374

Housing Wire

SEPTEMBER 20, 2021

The most notable decline was in the portfolio loans and private-label securities (PLS) category, dipping by 32 basis points to 6.95%. 12, 74% of the first-mortgage servicing market. The total number of loans in forbearance dropped by eight basis points to 3.00% as of Sept. 12, according to the Mortgage Bankers Association (MBA).

Loans 322

Loans Staging Banks Mortgages 322

Housing Wire

SEPTEMBER 13, 2021

The portfolio loans and private-label securities (PLS) category, which has remained stubbornly high, saw the most notable decline last week, dipping by 25 bps to 7.27%, the report said. The trade group estimates that 1.5 million borrowers remain in forbearance.

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Loans Mortgages Marketing 403

Housing Wire

MARCH 22, 2021

Exits also shrunk the share of loans in forbearance across all investor categories last week, with Fannie Mae and Freddie Mac loans dropping to 2.83% – a five-basis-point improvement. “We expect that a stronger job market will help many successfully exit forbearance in the months ahead,” Fratantoni said. .”

Loans 424

Loans Lending Investor Mortgages 424

Housing Wire

SEPTEMBER 27, 2021

The most notable decline was in the portfolio loans and private-label securities (PLS) category, dipping by four basis points to 6.91%, after a drop of 32 bps in the prior week. 19, 74% of the first-mortgage servicing market. The total number of loans in forbearance decreased by four basis points to 2.96% as of Sept.

Loans 381

Loans Staging Mortgages Banks 381

Housing Wire

JUNE 30, 2022

As mortgage rates rise and home price appreciation continues , employees in the housing industry are hard at work preparing for shifting market conditions. According to Fitch Ratings Senior Director Gerry Glombicki, the U.S. The post Title industry prepares for changing market conditions appeared first on HousingWire.

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Title Industrial Marketing Commercial 322

Housing Wire

JUNE 11, 2021

Ben developed a process and a service offering — very focused and limited in scope — to help large-production builders effectively market their properties through the MLS and other online resources. This list, now in its ninth year, consists of the next level of achievers in the same categories, the top 1.5% of more than 1.4

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Brokerage Branding Agents Closing 416

Housing Wire

JUNE 26, 2023

Rising mortgage rates , lower homebuyer demand and fewer homeowners choosing to sell their homes caused the housing market to slow during the second half of 2022. However, the 168% figure is consistent with Fitch’s guidelines for an “A” category rating.

Title 285

Title Industrial Mortgages As-is 285

Housing Wire

OCTOBER 25, 2021

Last week, all categories showed declines. 17, 73% of the first-mortgage servicing market. The total number of loans in forbearance decreased by seven basis points to 2.21% as of Oct. In the previous week , the rate dropped 34 basis points to 2.28%. Per the MBA’s estimate, 1.1 million homeowners are still in active forbearance plans.

Loans 282

Loans Staging Mortgages Banks 282

Housing Wire

JANUARY 30, 2024

The mortgage-servicing rights (MSR) market remains robust as we turn the corner into 2024, and though it is expected to slightly underperform 2023, the market is still projected to notch healthy trading volumes in 2024 — hovering near the $1 trillion mark for the fourth year in a row, market observers forecast.

Marketing 324

Marketing Principal Banks Loans 324

Housing Wire

JULY 12, 2023

It shouldn’t surprise you that a sizable percentage of newer LOs and real estate agents are washing out in the current market. This is among the market inefficiencies caused by too many unproductive agents and LOs chasing nonexistent leads. It’s no wonder that the cost to originate a mortgage is over $10,000. That’s not a positive.

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Agents Loan Officer Loans Industrial 370

Housing Wire

JULY 19, 2022

HousingWire recently spoke with Sue Woodard, senior advisor to Total Expert, about the ways lenders can measure the effectiveness of their fintech solutions and what they can do to keep pace with the digital mortgage revolution. It also emphasized the importance of balancing housing equity with technological innovation.

Mortgages 339

Mortgages Finance Loans Technology 339

Housing Wire

NOVEMBER 8, 2021

Kathryn Amor, chief product officer at Finance of America Companies, spoke during the event’s mortgage purchase market panel about what Finance of America Reverse (FAR) beings to the table for the larger parent company. Reverse mortgages and the purchase market. Kathryn Amor. “We I guess you can say reverse is in our DNA.”.

Finance 298

Finance Mortgages Lending Equity 298

Housing Wire

OCTOBER 29, 2021

Asked pointedly about whether he supported the rule, Chopra answered “I don’t know,” and changed the subject to how the CFPB could spur refinances in the market. Private-label market filled the void created by PSPA changes. Here’s a brief recap: The CFPB proposed a new General QM Final Rule in 2020, after a long rulemaking process.

Debt-to-income ratio 252

Debt-to-income ratio Loans Mortgages Industrial 252

Housing Wire

AUGUST 16, 2021

The forbearance share declined for all investor and servicer categories,” said Mike Fratantoni, MBA’s senior vice president and chief economist. Incoming data continues to support our forecast of an improving job market in the months ahead,” Fratantoni said.

Loans 406

Loans Mortgages Banks Investor 406

Housing Wire

NOVEMBER 29, 2021

They are in high demand for each stage of the mortgage process, yet they are in seriously short supply in a still-booming mortgage market. The private label market share of U.S. RMBS market. They can’t bring [securitization] deals to market as quickly. We certainly hear that as a concern in the market.”.

Due diligence 408

Due diligence Loan Officer Loans Mortgages 408

Housing Wire

JULY 20, 2023

The consensus is that the change would primarily affect the shrinking jumbo market (loans greater than $726,200) and hurt regional banks , sources said. According to George, the rule would impact only the jumbo market, a very high credit quality market. That’s 20 basis points higher than the international standard.

Mortgages 312

Mortgages Banks Marketing Residential 312

Housing Wire

FEBRUARY 17, 2022

The most recent RMBS Credit Indices report from the Kroll Bond Rating Agency (KBRA) shows that loan pools supporting outstanding private-label residential mortgage-backed securities issuances overall are performing relatively well to date in both the prime and nonprime markets. as of January of this year. “So,

Marketing 334

Marketing Staging Loans Principal 334

Housing Wire

NOVEMBER 17, 2021

Many believe that teams were the foundation of real estate brokerage firms some 60 years ago,” says Steve Murray, senior advisor for RealTrends. We also looked at expenses, and it’s no surprise that in three categories — occupancy, employment and administrative expenses — brokerages spent a higher percentage of gross margin than teams.

Brokerage 364

Brokerage Principal Branding Agents 364

Real Trends

AUGUST 29, 2023

“This is extremely valuable information, not only for teams but also for the brokerage firms with whom they are affiliated,” says Steve Murray, senior advisor to HW Media. In every size category, these costs as a percentage of GCI declined in a material way. of GCI to 49.3% of GCI to 29.0% of GCI, or a decline of 23.1%

Brokerage 92

Brokerage As-is Sales Agents 92

Housing Wire

AUGUST 31, 2020

And hiring in a wave of high volumes can mean layoffs when the market is less robust. Lenders need to be able to grow their business in a way that is not linear and is not tied to the market cycles – leveraging automation technology can help.

Lending 406

Lending Technology Loans Loan Officer 406

Housing Wire

MAY 10, 2022

As the housing market enters a purchase-market cycle sparked by rising mortgage rates that have killed off a long-running refinance boom, we can expect to see mortgage-fraud schemes proliferate, industry experts say. Following is a breakdown of SARs filings by institutional category for 2021, compared with 2020. Petersburg.

Mortgages 373

Mortgages Marketing Loans Finance 373

Propmodo

OCTOBER 4, 2023

In this volatile market, it is critical to use every advantage to boost a property’s leasing potential and keep buildings leased up. Leasing is the lifeblood of commercial real estate. It is one of the top priorities of building owners and managers even in the best of times.

Technology 56

Technology Commercial Title Industrial 56

RIS Media

AUGUST 17, 2021

. “The forbearance share declined for all investor and servicer categories,” said Mike Fratantoni, MBA’s senior vice president and chief economist. Incoming data continues to support our forecast of an improving job market in the months ahead.”

Mortgages 98

Mortgages Loans Banks Investor 98

Broke Agent Media

JANUARY 31, 2023

This year marks our 35th anniversary of DUS, a platform that relies on shared risk and strong lender partnerships to serve the needs of the rental housing market. Our DUS program is well positioned to support the secondary market and play a key role as a stable source of liquidity. By committing all of its $1.7 billion Newmark: $4.6

Finance 98

Finance Closing Equity Commercial 98

Housing Wire

JULY 28, 2021

This is according to John Lunde, president of Reverse Market Insight (RMI) during a presentation at the National Reverse Mortgage Lenders Association (NRMLA) Virtual Summer Meeting this month. Nobody wants to see their market share go down,” Lunde says. We’re not growing our market share at all [by doing that].

Mortgages 294

Mortgages Loans Equity Industrial 294