Housing Wire

FEBRUARY 20, 2024

This initiative reflects Fairway’s commitment to leveraging its award-winning service and extensive experience in the purchase market to meet the unique needs of retirees looking to buy homes, setting a new benchmark for excellence and innovation in the reverse mortgage sector,” Fairway said of the move.

Mortgages 424

Mortgages Lending Equity Industrial 424

Housing Wire

APRIL 30, 2024

FHFA Director Sandra Thompson said that the publication of the final rule is necessary at a time of housing unaffordability for many Americans. “As As we reflect on the significance of Fair Housing Month, FHFA and its regulated entities will continue to address barriers that make affordable housing difficult to find,” Thompson said.

Lending 423

Lending Finance Closing costs Closing 423

Housing Wire

JANUARY 16, 2024

The relative amount of movement fluctuates over time on a seasonal and long-term basis. The agent movement reflects the relative mobility of experienced agents between brokerages. This percentage is normalized to reflect a value of 100 at the level of movement in January 2016 (0.7313%). The monthly AMI value finished at 70.4

Agents 441

Agents MLS Brokerage As-is 441

Housing Wire

APRIL 11, 2024

Such a platform would empower agents to have more time to build relationships and serve more clients, taking a lot of pressure off their brokers. This column does not necessarily reflect the opinion of HousingWire’s editorial department and its owners. Chris Heller is president of Movoto.

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Brokerage Industrial Agents As-is 424

Housing Wire

MARCH 18, 2024

For security purposes, Validate ROV leverages geofencing and time stamps to confirm that photographs accurately reflect current property conditions. The mortgage industry faces numerous challenges related to the valuation process today,” Tim Bowler, president of ICE Mortgage Technology, said in a statement.

Technology 414

Technology Inspection Investor Mortgages 414

Housing Wire

MARCH 13, 2024

Purchase loan application volume increased by 5% from one week earlier but remains about 11% below the level of the same time last year. Purchase loan application volume increased by 5% from one week earlier but remains about 11% below the level of the same time last year. Mortgage applications increased by 7.1%

Mortgages 442

Mortgages Loans Residential Marketing 442

Housing Wire

DECEMBER 20, 2023

The relative amount of movement fluctuates over time on a seasonal and long-term basis. The agent movement reflects the relative mobility of experienced agents between brokerages. This percentage is normalized to reflect a value of 100 at the level of movement in January 2016 (0.7313%). The monthly AMI value finished at 75.8

MLS 404

MLS Brokerage Agents As-is 404

Housing Wire

MAY 1, 2023

The FHFA stated that the goals of the fee changes were “to maintain support for purchase borrowers limited by income or wealth, ensure a level playing field for large and small lenders, foster capital accumulation at the Enterprises, and achieve commercially viable returns on capital over time.” Therein lies some of the confusion.

Mortgages 404

Mortgages Commercial Development Loans 404

Housing Wire

DECEMBER 26, 2023

Real estate experts say the performance reflects limited inventory in the country, a problem expected to continue in 2024. The data shows that eight of 20 cities registered all-time highs: Miami, Atlanta, Chicago, Boston, Detroit, Charlotte, New York and Cleveland. The data released on Tuesday shows that home prices in all nine U.S.

Mortgages 493

Mortgages Marketing Sales As-is 493

Housing Wire

NOVEMBER 27, 2023

The relative amount of movement fluctuates over time on a seasonal and long-term basis. The agent movement reflects the relative mobility of experienced agents between brokerages. This percentage is normalized to reflect a value of 100 at the level of movement in January 2016 (0.7313%). The monthly AMI value finished at 93.1

Agents 432

Agents MLS Brokerage As-is 432

Housing Wire

NOVEMBER 2, 2023

This came in the wake of the sexual harassment allegations brought forth in a New York Times exposé. Nykia Wright, former CEO of the Chicago Sun-Times, will serve as interim CEO as the trade group searches for a new CEO. Wright will take the helm starting Nov. This is a developing story and will be updated throughout the day.

Development 483

Development Industrial Closing As-is 483

Housing Wire

APRIL 15, 2024

properties are spending minimal time on the market. The median age of listings on Zillow currently stands at 43 days, reflecting the varying dynamics across different segments of the housing market. San Jose, San Francisco, Seattle, San Diego and Los Angeles reign as the priciest markets among the nation’s top 50 metros.

New Construction 433

New Construction Construction Mortgages Marketing 433

Housing Wire

DECEMBER 28, 2023

HousingWire’s Mortgage Rates Center showed Optimal Blue’s average 30-year fixed rate on conventional loans at 6.56% on Thursday, down from 6.68% recorded at the same time last week. While not universal, many analysts expressed a belief that rates will be lower by this time next year.

Fixed-rate mortgage 483

Fixed-rate mortgage Mortgages Finance Equity 483

Housing Wire

APRIL 16, 2024

Turning our attention to NAR membership over the same period of time, we observe a pattern consistent with conventional wisdom. Agents exhibit a tendency to weather the storm for some time or await the expiration of dues obligations before making industry exits.

Industrial 442

Industrial Agents Brokerage Sales 442

Housing Wire

SEPTEMBER 19, 2023

Additionally, the mortgage application measure and the pending home sales index are increasingly diverging, reflecting the higher cash share of sales, the ESR group noted. It’s the first decline in 2023 reflecting the difficulties of 7% mortgage rates and reduced housing affordability.

Sales 433

Sales Mortgages As-is Marketing 433

Housing Wire

APRIL 1, 2024

However, this seemingly innocuous change would have significant consequences , particularly for first-time buyers with modest incomes. Sacrificing first-time buyers Last month, the Department of Justice (DOJ) weighed in on the lawsuits by issuing a statement calling for the end of broker cooperation. That is highly unlikely.

Equity 464

Equity Agents Industrial Land 464

Housing Wire

APRIL 9, 2024

So, it’s not surprising to see the administration and members of Congress announcing big-ticket legislative initiatives to boost homeownership — like a first-time homebuyer tax credit and the Neighborhood Investment Act to fix up older homes. But it’s time for a reality check. The American homebuyer needs help.

FHA loan 442

FHA loan Loans Title Mortgages 442

Housing Wire

DECEMBER 7, 2023

billion in about 24 hours, higher than the $1 billion expected by the company, reflecting an oversubscribed deal. times at the end of September, lower than its target of 3.5 Pennymac will use the proceeds of the offering to repay $650 million in debt due in October 2025. In September, Freedom Mortgage raised $1.3 A total of $1.8

Principal 380

Principal Equity Investor Mortgages 380

Housing Wire

OCTOBER 9, 2023

Persistently high mortgage rates surpassed high home prices as the top reason why consumers think it’s a bad time to buy a home – a survey first, Duncan said. In September, 16% of consumers reported that it was a good time to buy a home, matching the all-time survey low set last year. points in September to 64.5.

Mortgages 506

Mortgages Sales As-is Marketing 506

Housing Wire

JANUARY 29, 2024

Now it’s time to make this your year. Follow a business plan An effective plan includes committing to consistent lead generation , knowing where and how you’ll generate those leads and having an organized database, a schedule reflective of your goals and specific numbers to track. All this happened, but you survived it, so go you!

Agents 433

Agents Land Closing Mortgages 433

Housing Wire

APRIL 23, 2024

Scale is an important tool for maintaining investment in people and technology, Schmidt said, and the additional companies that Guild has brought aboard recently reflect its goals for culture and leadership and may have had issues of scale that were solved by joining Guild, she said. Everybody has a voice.

Mortgages 414

Mortgages Technology Development Loans 414

Housing Wire

DECEMBER 6, 2023

billion in about 24 hours, higher than the $1 billion expected by the company, reflecting an oversubscribed deal. Other peers would follow suit, analysts said at that time. times, lower than its target of 3.5 Pennymac Financial Services is the latest mortgage company to issue debt in a challenging housing market. In total, $1.8

Principal 404

Principal Equity Mortgages Investor 404

Housing Wire

FEBRUARY 23, 2024

But before we address this, let’s look at the report because this report still shows what I have believed for a long time: even with elevated mortgage rates and home prices , lower rates lead to more demand as we are working from historically low levels of sales. However, the last four weeks have had negative trending data.

Sales 464

Sales Days on market Mortgages Investor 464

Housing Wire

APRIL 1, 2024

Some of this reflects “pent-up demand,” according to NIC representatives. This is in addition to a lack of necessary renovations in seniors’ existing homes, which are designed to make aging in place easier to accomplish for longer periods of time. In the fourth quarter of 2023 the average rate was at 85.1% in the 31 largest U.S.

Renovation 405

Renovation Technology Design As-is 405

Housing Wire

FEBRUARY 1, 2024

The text reads: “This video has been edited to reflect that, while NAR does not set commissions, a mid-1900s Supreme Court case held that NAR rate cards in use at the time were improper. The video was first posted on Wednesday around 9 a.m. ET before being removed roughly two hours later.

Title 414

Title Residential Brokerage Agents 414

Housing Wire

NOVEMBER 14, 2023

Full-time or part-time remote workers in this generation might even go for smaller homes near coworking spaces or business facilities. For those who work remotely full time and can’t utilize a coworking space, a dedicated home office is a must. Here are 14 real estate trends Gen Z buyers won’t pass up.

Renovation 498

Renovation Technology Design Agents 498

Housing Wire

MARCH 5, 2024

Purpose: Primarily used to calculate initial HECM principal limits Calculation: Margin + weekly average 10-year CMT Timing: Previous week’s average generally becomes effective Tuesday Dan Hultquist When expected rates are higher at origination, borrowers qualify for less principal at closing. With a HECM loan, the U.S.

Principal 423

Principal Mortgages Loans Equity 423

Housing Wire

MAY 1, 2024

While Zillow’s net loss of $23 million for the quarter, which was up from its net loss of $22 million in Q1 2023, did not necessarily reflect Barton’s confidence, the firm’s 13% annual increase in revenue to $529 million did. In a hostile housing market and a noisy industry environment, why is Zillow outperforming?” he posited.

Industrial 431

Industrial Technology Agents Finance 431

Housing Wire

FEBRUARY 6, 2024

However, according to the complaint, the bank’s mortgage lending was focused disproportionately on white areas, which is reflected, among other things, in the closing of its sole branch in a predominantly Black and Hispanic neighborhood in Winston-Salem in 2021. In 2023, the bank originated about $2.3 The settlement includes $11.75

Banks 404

Banks Lending Loan Officer Loans 404

Housing Wire

FEBRUARY 1, 2024

Rocket — under the helm of Varun Krishna , a veteran in the financial technology world — is becoming more focused on technology than ever. Onboarding Alastair (Alex) Rampell highlights Rocket’s priority of becoming a fintech company. 1, according to an 8-K filing with the Securities and Exchange Commission (SEC) on Thursday.

Technology 404

Technology Finance Equity Mortgages 404

Housing Wire

DECEMBER 19, 2023

As part of that obligation, private sector players are endowed with a complex, at times conflicting, set of actions under often-difficult-to-construe fair lending laws. This column does not necessarily reflect the opinion of HousingWire’s editorial department and its owners. All of us can be part of the solution.

Lending 404

Lending Loans Equity Finance 404

Housing Wire

NOVEMBER 3, 2023

The jobs report today which should move mortgage rates lower, demonstrates why it’s time for the Federal Reserve to land the plane. This is why, for a long time, I have targeted that 157 million to 159 million level as the baseline level for job growth, reflecting the slower growth rate of our population.

Mortgages 488

Mortgages Land As-is Marketing 488

Housing Wire

JANUARY 19, 2024

It remains unclear which other systems are impacted, and a representative advised that the website encompasses all public-facing statements on the matter at this time. Those forms were expected to be reflected on the servicing website as soon as it was brought back online, the company explained. 8 statement on the attack.

Technology 414

Technology Equity Loans Mortgages 414

Housing Wire

SEPTEMBER 15, 2023

The result should be collapsing costs and cycle times, improving quality, reducing repurchase risk and certifying that a loan, and its related assets are “Fit 4 Sale.” The result should be collapsing costs and cycle times, improving quality, reducing repurchase risk and certifying that a loan, and its related assets are “Fit 4 Sale.”

Commercial 404

Commercial Technology Investor Title 404

Housing Wire

MARCH 8, 2024

I’ve gotten this wrong more times than I’ve gotten this right. Nearly every time we had someone over, I would sneak to my room and change my clothes to match the guest as best I could. The journey to becoming a great leader often hinges on one fundamental principle – helping others discover and embrace their true selves.

As-is 414

As-is 414

Housing Wire

APRIL 11, 2024

What is interesting, though, is that in times of struggle, fear, pain or massive change , we tend to reach for something that’s different. What is interesting, though, is that in times of struggle, fear, pain or massive change , we tend to reach for something that’s different. It’s pleasant and sunny nearly every day.

Agents 404

Agents As-is Marketing Industrial 404

Housing Wire

MAY 8, 2024

In our hyperconnected times, consumers have more choices than ever, and brands have to get creative if they want to stand out in an oversaturated landscape. The more directly you speak to prospective or current clients—and the more time you put into understanding their wants and needs—the greater impact your marketing efforts will have.

Agents 411

Agents Marketing Branding As-is 411