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Home equity is the bright gem of the housing market

Housing Wire

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. billion in the fourth quarter of 2021,” a recent market assessment by ATTOM shows.

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The emerging ESG market is a diamond in the rough

Housing Wire

Digital mortgage platform MAXEX , backed by investment from financial-services giant JPMorgan , sees a bright future in the ESG market. Securities and Exchange Commission also has its eye on the ESG market. Last year, it stood up a “ Climate and ESG Task Force ” in its enforcement division to better police the emerging ESG market.

Marketing 365
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Making Fannie Mae and Freddie Mac a single utility

Housing Wire

The incoming Biden administration has an opportunity now to reshape the housing finance system for the long term by taking the next logical step in the evolution of the GSEs by combining both entities into one housing finance market utility. And their credit risk transfer (CRT) initiatives mirror each other.

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HPC: Delaying final QM Rule “not in public interest”

Housing Wire

The trade organization’s letter states: “We also are concerned that the Proposed Rule’s real purpose is to set the stage for the Bureau to reopen the 2020 General QM Rule. We firmly believe that reopening the 2020 General QM Rule would not be in the public interest. How servicers can stay ahead of Biden’s potential regulatory changes.

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Bridge Loans in Connecticut: How to Unlock Home Equity to Buy Before You Sell

HomeLight

A bridge loan is your short-term financial bridge, designed to help you purchase that new home while your old one is still on the market. Picture this scenario in the heart of Connecticut’s real estate market: You’ve set your sights on that perfect new home, but your old one hasn’t found its next owner yet.

Equity 89
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Preparing to Get Pre-Approved For a Mortgage

Realty Biz

Additionally, having a pre-approval letter demonstrates to sellers that you are a serious buyer and increases your chances of accepting your offer in a competitive market. Taking steps to improve your credit score, such as paying off outstanding debts or resolving any issues, can enhance your chances of a favorable pre-approval.

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Bridge Loans in Dallas: How to Unlock Home Equity to Buy Before You Sell

HomeLight

This can be even more difficult in a market like Dallas, where inventory is scarce and prices are soaring. One important factor that lenders will factor in is your debt-to-income ratio (DTI). However, there’s a solution that you may not have considered: a bridge loan.

Equity 89