Housing Wire

JULY 12, 2023

Three veteran sales executives at Movement Mortgage have parted ways with the South Carolina-based lender to join the competitor Summit Funding, sources told HousingWire. Deran Pennington, who spent the last 15 years at Movement and until June 2023 held a national sales director position, is joining Summit as a divisional leader in Charlotte.

Sales 369

Sales Lending Loans Finance 369

Housing Wire

APRIL 1, 2024

In March 2022, reverse mortgage lender and servicer Longbridge Financial announced the launch of its national field sales (NFS) division , appointing reverse mortgage industry veteran Melanie Parks to lead the channel as vice president and national field sales leader. Two years later, the UPB has diminished right.

Sales 337

Sales Loan Officer Principal Loans 337

Housing Wire

SEPTEMBER 29, 2021

Today’s pending home sales came in at a big beat of estimates, running at 8.1% One of my main goals for sharing housing sales data in 2021 is to give people a sales trend range to work off this year to know if home sales are doing well. for this report. More importantly, this data line looks just right. Already a member?

Sales 515

Sales Development As-is Marketing 515

Housing Wire

FEBRUARY 24, 2023

New home sales started off 2023 on a positive note, rising 7.2% Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. This marks the second consecutive month of increases and the strongest sales pace since March 2022. On a year-over-year basis, however, new home sales are still down 19.4%.

Sales 424

Sales New Construction Construction Mortgages 424

Housing Wire

DECEMBER 23, 2022

New home sales, to the surprise of many, rose by 5.8% Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. New home sales data last month was much stronger than had been anticipated; the market had expected a contraction of 4.7% months of supply at the current sales rate. in November.

Sales 357

Sales MLS Mortgages Banks 357

Housing Wire

MARCH 23, 2023

New home sales continued to rise in February, jumping 1.1% Census Bureau and the Department of Housing and Urban Development ( HUD ). On a year-over-year basis, however, new home sales are still down 19.0%. The uptick in the sales pace in February resulted in a 0.7% months of supply at the current sales pace.

Sales 380

Sales Principal MLS Mortgages 380

Housing Wire

AUGUST 23, 2023

After a slump in June, the sales pace of new homes picked up month over month in July, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In July, the sales pace of new homes climbed 4.4% On a year-over-year basis, new home sales were up 31.5%.

Sales 326

Sales MLS Finance Mortgages 326

Housing Wire

NOVEMBER 30, 2020

pending home sales fell 1.1% Year over year, pending sales are showing promise in every region of the U.S, As talk of an urban exodus continues, the Northeast’s pending home sales slid 5.9% As talk of an urban exodus continues, the Northeast’s pending home sales slid 5.9% compared to a year ago. The Midwest dropped 0.7%

Sales 532

Sales Development Equity Land 532

Housing Wire

JULY 18, 2023

The NAHB/HMI report is based on a monthly survey of NAHB members, in which homebuilders are asked to rate both current market conditions for the sale of new homes and expected conditions for the next six months, as well as traffic of prospective buyers of new homes. This is the index’s highest reading since June 2022.

Sales 333

Sales Construction New Construction Finance 333

Housing Wire

SEPTEMBER 28, 2020

The recent new home sales data is at levels last seen in 2006, with monthly supply data back down to the low levels when new home sales data was really good. No, this is not a new home sales housing bubble as we are far from total new home sales being where they were in 2005. The builders are not a public service.

Sales 509

Sales Mortgages Finance As-is 509

Housing Wire

MAY 31, 2023

The Consumer Financial Protection Bureau (CFPB) on Wednesday announced that it has ordered mortgage lender and servicer OneMain Financial to pay $20 million in redress and penalties stemming from sales practices the Bureau has called “deceptive.” We are ordering OneMain to refund borrowers it cheated and to clean up its business practices.”

Sales 350

Sales Loans Development As-is 350

Housing Wire

MAY 13, 2021

“Adjusting to seasonal effects, MBA estimates that new home sales in April rebounded from a two-month slump, increasing 8 percent to an annualized pace of 770,000 units,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting.

Sales 439

Sales FHA loan Loans Construction 439

Housing Wire

SEPTEMBER 16, 2022

Fannie Mae has completed the sale of its 27 th reperforming-loan offering since the inaugural transaction in 2016. The deal represents Fannie Mae’s fourth reperforming-loan sale this year and involves a total of some 6,060 loans valued at $986.4 Terms of the sale were not disclosed. million; pool 2, 2,217 loans valued at $338.9

Sales 392

Sales Principal Loans Banks 392

Housing Wire

JULY 26, 2023

Despite yet another increase in homebuilder sentiment , the sales pace of new homes declined month over month in June, according to data published on Wednesday by the U.S. Census Bureau and the Department of Housing and Urban Development ( HUD ). In June, the sales pace of new homes fell 2.5% from a month prior, but down 3.6%

Sales 339

Sales New Construction Marketing Construction 339

Housing Wire

AUGUST 21, 2020

Today, existing home sales blew out estimates , coming in at 5,860,000. With new home sales, pending home sales, housing starts, housing permits, and purchase applications already in v-shape recovery mode, this last metric completes the v-shaped recovery across the board for housing.

Sales 544

Sales Mortgages Lending Marketing 544

Housing Wire

JUNE 22, 2021

Existing home sales fell for the fourth consecutive month in May, down.9% According to the NAR, despite existing home sales falling, activity is slowly approaching pre-pandemic levels. Regionally, only the Midwest experienced higher existing home sales from the month prior. 9% from April to 5.8 from May 2020 ($283,500).

Sales 404

Sales Construction Marketing Development 404

Housing Wire

MAY 15, 2024

The National Association of Realtors , via its Seasonally Adjusted Annual Rate of Existing Home Sales series, reported that the peak home sales volume of 6.6 Researchers developed a framework for estimating the number of home sales in 2024 based on the current levels for mortgage rates.

Mortgages 373

Mortgages Fixed-rate mortgage Sales Title 373

Housing Wire

MAY 25, 2021

Record-high building material prices and a continued lack of labor brought down new home sales in April to a seasonally adjusted annual rate of 863,000 ? Census Bureau and the Department of Housing and Urban Development. April’s new home sales are nearly double that of April 2020’s estimate of 582,000. a supply of 4.4

Sales 414

Sales Construction Loans Technology 414

Housing Wire

JUNE 14, 2022

Fannie Mae has chosen the winning bidder for its inaugural nonperforming loan sale of 2022, a deal involving 3,223 loans with an unpaid principal balance of $477.2 The transaction, which represents Fannie Mae’s first nonperforming loans sale this year, is slated to close July 27. Terms of the sale were not disclosed.

Loans 359

Loans Purchase and sale agreement Sales Principal 359

Housing Wire

MAY 14, 2024

The Marcus Skenderian Real Estate Group works across commercial real estate , architecture, construction , development and residential sales. million in sales last year. As part of the move, Skenderian is also opening an office in Laguna Beach, California. In 2023, the team was ranked No. The team recorded $24.1

Commercial 320

Commercial Construction Residential Technology 320

Housing Wire

MARCH 11, 2024

Kaye and Baker each bring $200 million in career sales volume to the firm, according to its press release. During her career, Kaye has developed expertise in luxury properties, as well as new development sales and marketing. 351 among small teams in New York state by sales volume, according to 2023 rankings by RealTrends.

Development 369

Development Brokerage Banks Agents 369

Housing Wire

OCTOBER 25, 2023

For that reason, Treasury is committed to developing a solution to increase the transparency in the domestic real estate market.” real estate market to launder money. national security and help protect the integrity of the U.S. financial system. real estate market in December 2021.

Sales 362

Sales Title Residential Development 362

GeekEstate

MARCH 27, 2024

Role & Responsibilities: As a Business Development Representative (BDR) at Symbium, you will play a pivotal role in executing US-based business development initiatives with a focus in local government. Feedback to CEO and Product: Help build playbooks and define Symbium’s sales motion.

Development 69

Development Staging Technology Sales 69

Realty Biz

APRIL 12, 2024

million in funding for the construction or renovation of mixed-use developments. This financial support was generated through the sale of tax credits under the Mixed-Use Development Tax Credit Program, with the proceeds being channeled into the Community Revitalization Fund Program. Joseph Development GetBlok.io

Development 78

Development Commercial Renovation Finance 78

Housing Wire

FEBRUARY 26, 2024

In this new capacity, Greene will oversee operations, sales and customer service efforts, working to empower CoreLogic’s MLS clients. Greene began his tenure at CoreLogic in 2016, where he held key roles in strategic leadership and sales capacities. Greene is also a former real estate broker/owner and a U.S. Army veteran.

Industrial 355

Industrial MLS Development Residential 355

Housing Wire

JULY 7, 2021

Cooper Group announced on Tuesday the sale of its reverse mortgage servicing portfolio – operating under the Champion Mortgage brand – to Mortgage Assets Management (MAM). The development is particularly notable due to the recent activity of MAM in the realm of reverse mortgage servicing. The sale of Champion.

Sales 386

Sales Mortgages Branding Principal 386

Housing Wire

MAY 18, 2024

In 2022, we saw the biggest crash in home sales ever, and the price-cut percentage data slope was high-speed, especially toward the end of the year. New listings data has been moving lower over the last few weeks. I usually wouldn’t care too much about this as its a data line that can be volatile week to week but now it’s been three weeks.

Mortgages 434

Mortgages Sales Banks Finance 434

Housing Wire

DECEMBER 21, 2023

Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) sued the developer and lender Colony Ridge on Wednesday, alleging the company operated an illegal land sales scheme and made false statements targeting tens of thousands of Hispanic borrowers in Texas. between 2017 and 2021, per the lawsuit.

Lending 402

Lending Land Development Loans 402

Housing Wire

APRIL 26, 2024

In certain circumstances, the program would allow for inclusion of “an ‘interested party contribution’ [of] up to six percent of the sales price,” according to the original plan. Changing course In October, FHA published proposed guidance for the H4P program in the Federal Register. These credits can lead to fair lending violations.

Closing costs 423

Closing costs Development Equity Mortgages 423

Realty Biz

SEPTEMBER 9, 2023

Considering the 57,244 home developers in the US, you must carefully consider how your organization will stand out from the rest. Experienced real estate developers recognize the need for a better way to reach a broader audience. Developers must look beyond simply building one house after another. Explore influencer marketing.

Development 97

Development Marketing Branding Sales 97

Housing Wire

MARCH 19, 2021

Clayton Collins, Founder and Chief Executive Officer, and Diego Sanchez, Chief Operating Officer, of HW Media , are proud to announce the promotion of Jennifer Watson Laws to Senior Vice President of Sales and Operations. Under her leadership, the HousingWire sales team has experienced tremendous success as well as growth.

Sales 305

Sales Branding Development Industrial 305

GeekEstate

MARCH 4, 2024

We have a job opportunity to share from a member of GEM Diamond, EasyKnock , an institutionalized sale-leaseback residential platform. Role Description The Director of Business Development and Partnerships will lead their growing team in establishing and nurturing strategic partnerships and driving business development initiatives.

Development 64

Development Purchase and sale agreement Equity Technology 64

Housing Wire

APRIL 2, 2024

billion of loan volume in his nearly 30-year career, started at NAF on April 1 as its vice president producing area sales manager tasked with expanding the lender’s footprint in the Chicagoland area. New American Funding (NAF) has snagged top Chicago loan officer Larry Steinway as it looks to grow its presence in the Chicagoland area.

Loan Officer 355

Loan Officer Loans Finance Mortgages 355

Realty Biz

OCTOBER 23, 2023

Real-world uses for AI in real estate currently include: Property valuation: AI-powered algorithms can analyze large amounts of data to accurately value properties, taking into account factors such as location, condition, and recent sales. Now, there’s more evidence than ever that AI technology is here to stay in the real estate industry.

As-is 96

As-is Industrial Due diligence Development 96

Housing Wire

MAY 11, 2024

We are seeing better positive sales growth on our weekly pending sales data. This can be partly due to a higher percentage of cash buyers in the sales mix that purchase applicatoins won’t account for. In 2022, we saw real price declines in the second half of the year as home sales were crashing.

Mortgages 390

Mortgages Construction Sales Marketing 390

Housing Wire

SEPTEMBER 27, 2023

Divounguy added that new home sales should make up a bigger piece of the home sales pie moving forward. In August, of the total home inventory, including both new and resale homes, newly built homes represented an elevated share of 31% of those available for sale, according to the National Association of Home Builders (NAHB).

Marketing 504

Marketing New Construction Finance Construction 504

Housing Wire

JANUARY 18, 2024

This is an encouraging development for the housing market and in particular first-time homebuyers who are sensitive to changes in housing affordability. However, as purchase demand continues to thaw, it will put more pressure on already depleted inventory for sale,” said Sam Khater, Freddie Mac’s chief economist.

Fixed-rate mortgage 527

Fixed-rate mortgage Mortgages New Construction Construction 527