Housing Wire

MAY 5, 2023

Is the labor market finally normalizing? Jobs Friday data came in as a beat of estimates, but the labor market is clearly starting to come back to earth, killing the fear of 1970s wage spiral inflation. Part of my COVID-19 recovery model on the labor market was that job opening should reach 10 million in this recovery.

Marketing 481

Marketing Banks Staging As-is 481

Housing Wire

APRIL 3, 2023

Last week was relatively calm for the housing market after the fiasco of the banking crisis. The banking crisis has stressed the mortgage backed securities market , pushing rates higher than usual. Last week had the potential for fireworks, but it was pretty tame, this week we have four labor market reports to deal with.

Marketing 487

Marketing Banks Mortgages Sales 487

Housing Wire

JULY 25, 2023

F2 Finance wants to scoop up a share of a “fragmented” fix-and-flip market as a lack of housing inventory sharply limits transactions. America’s fix-and-flip short-term property market is estimated to be worth as much as $68 billion a year, according to F2 Finance. LendInvest has more than $4.7 billion (£3.7

Finance 368

Finance Marketing Lending Loans 368

Inman

APRIL 30, 2024

Coach Darryl Davis provides the pep talk you need to take center stage as a client coach and advocate. If you're having trouble conveying your value to clients, it may be because you don't believe in it yourself.

Banks 159

Banks Staging Agents Marketing 159

Housing Wire

MAY 18, 2022

O’Neil will start at Ocwen on June 13 to lead the firm’s global finance organization amid a challenging mortgage origination market. Prior to that, he held positions at Wells Fargo , Eastern Community Bank and Wachovia’s Wealth Management Group. She arrived in March 2019, in the early stages of the Ocwen- PHH merger and integration.

Marketing 367

Marketing Staging Land Mortgages 367

Housing Wire

DECEMBER 10, 2020

The secondary market, often an afterthought for most participants in the mortgage process, took center stage in 2020. But to understand the stability that the secondary market brought during a world-wide pandemic, you first have to look back at 2008. Think of it as the underdog quickly becoming the hero of the story.

Marketing 427

Marketing Lending Staging Banks 427

Housing Wire

FEBRUARY 1, 2024

1, a decrease from last week’s figure of 6.69%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Khater added that the solid jobs market, income growth and household formation growth should provide strong fundamental support to the housing market in the months ahead.

Mortgages 460

Mortgages Fixed-rate mortgage MLS Staging 460

Housing Wire

MARCH 1, 2023

Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period. to 4.75% range, up from 0.25% a year ago.

Marketing 383

Marketing Banks Mortgages Investor 383

Housing Wire

FEBRUARY 15, 2024

Opportunity in the current mortgage market may be challenging to find — and that could arguably be truer for those who offer reverse mortgage products for clients. I’ve concentrated on banking ever since I really got in this industry.” I’m trying to reach out to home care providers and even contractors too,” he said.

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Mortgages Banks Equity Land 400

Housing Wire

DECEMBER 22, 2023

The firm announced Thursday that MyHome , a WFG subsidiary, has acquired technology and marketing services provider Volly. Launched in 2004, 10 of the nation’s top 30 banks work with Volly. Williston Financial Group is closing out 2023 with yet another acquisition. The financial terms of the deal were not disclosed.

Title 423

Title Staging Technology Banks 423

Housing Wire

OCTOBER 23, 2023

This data becomes important at various stages of a transaction, and when it’s time to produce it, the process is radically easier if it is clean and organized. From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract.

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Due diligence Brokerage Staging Agents 403

Housing Wire

MARCH 10, 2023

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. As of March 8, according to Commerce Bank , the prime rate was 7.75%. to 2 points.” billion in 2021 to $9.6

Equity 370

Equity Marketing Debt-to-income ratio Lending 370

Housing Wire

FEBRUARY 3, 2022

Denver-based Incenter’s managing director, Tom Pierc y, said he expects the rising tide of business to continue for the foreseeable future, so long as the housing market is swept up in a rising-rate environment — prompting holders of MSRs to sell the assets. And now we just did over $110 billion for the month of January.”.

Purchase and sale agreement 370

Purchase and sale agreement Marketing Equity Banks 370

Housing Wire

JUNE 26, 2023

Suzy Lindblom will speak to all of these topics when she takes the stage at HW Annual. Register for HW Annual today to catch Lindblom on stage alongside other powerful women of influence. Lindblom will be joined on stage by moderator Michelle Kryczkowski, vice president and division performance executive at Cardinal Financial.

Staging 368

Staging Lending Mortgages Industrial 368

Housing Wire

FEBRUARY 12, 2024

The worst times for mortgage originations may be over as the market appears to be turning, but it’s still an unaffordable environment for younger borrowers in particular, according to a fourth-quarter 2023 lending report from Maxwell. If home prices and lending costs moderate in 2024, significant demand could flow into the market.

Mortgages 473

Mortgages Lending Loans Equity 473

Housing Wire

FEBRUARY 27, 2024

Based in Las Vegas, Gatling has worked for companies such as Bank of America , MetLife Home Loans , Home Community Mortgage and Guild Mortgage , developing expertise in loans to underserved communities. HousingWire reported on the late-stage negotiations in January.

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FHA loan Loan Officer Loans Mortgages 417

Housing Wire

OCTOBER 10, 2023

CEDAR CREEK, Texas — At HousingWire Annual on Tuesday, HousingWire Lead Analyst Logan Mohtashami demystified “the madness” unfolding in the bonds market in front of an audience of more than 300 real estate and mortgage professionals. He pointed to President and CEO Lorie Logan of the Federal Reserve Bank of Dallas as an example.

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Mortgages Banks Staging Industrial 327

Easy Agent Pro

JUNE 17, 2022

Staging a home is a great way to increase curb appeal and help potential buyers picture themselves living in the space. There are many financial benefits to taking the time to stage a home. You can do this as well without breaking the bank. Let’s share 54 cheap home staging ideas to increase sales and get your property sold. .

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Staging Sales Design As-is 103

Housing Wire

APRIL 23, 2021

While 2021 likely won’t approach the record breaking tizzy of 2020, the housing market will continue to flourish on the strength of the purchase market, according to economists at the Mortgage Bankers Association. How outsourcing gives lenders an advantage in 2021’s purchase market. After last year’s record $3.83

Marketing 462

Marketing Mortgages Loans Staging 462

Housing Wire

JANUARY 11, 2023

Chantilly, Virginia-headquartered mortgage bank Prosperity Home Mortgage , a subsidiary of HomeServices of America , promoted Justin Messer to president and CEO on January 1, 2023. Messer has been with Prosperity since January 2011, working as SVP of capital markets and corporate strategy before a promotion to COO in 2019. About 81.7%

Mortgages 394

Mortgages Banks Loans Lending 394

Housing Wire

FEBRUARY 26, 2024

This indicates a positive net income percentage, especially for businesses at the beginning stages of revenue generation. As a reminder, in our years of experience and analysis, a larger net income percentage is not equal to more money in the bank.

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Staging Residential Banks Agents 400

Housing Wire

APRIL 30, 2021

Community lenders have big opportunities in today’s purchase market. Including credit unions, community banks, and small-to-midsize independent mortgage bankers, the community lending segment has grown rapidly in market share over the past 10 years, mostly at the expense of large banks.

Marketing 276

Marketing Lending Technology Banks 276

Housing Wire

SEPTEMBER 30, 2023

We have had back-to-back weeks of the bond market getting wild since the key 10-year yield level of 4.34% broke higher. It didn’t help that the Fed was hawkish after the Fed meeting , as their forward outlook surprised some market players. ” My answer: “Stop talking about raising rate at this stage with a hawkish outlook!”

Mortgages 512

Mortgages Land Staging Marketing 512

Housing Wire

MARCH 14, 2023

However, with the current banking stress news and the emergency action taken by the Fed to secure the banking sector, the question now is what will drive mortgage rates : inflation data, recessionary data, or something else we don’t even see coming? We have had a crazy three days in the bond market.

Mortgages 383

Mortgages Banks Commercial Loans 383

Housing Wire

APRIL 7, 2023

The fall of Silicon Valley Bank and the expectation of the fed to ease rate hikes resulted in a modest drop in mortgage rates in March,” the report states. “As Especially in a tight purchase market, MCT believes its methodology (using actual loans locked vs. applications) is a more reliable metric,” the company said.

Loans 381

Loans Staging Residential Banks 381

Housing Wire

APRIL 25, 2023

The goal of Asset Analysis is to automate the labor-intensive process of reviewing assets and multiple bank statements during underwriting to determine the likelihood that the borrower will have sufficient funds to cover down payments, closing costs, and reserves for the mortgage transaction.

Lending 365

Lending Banks Loan Officer Loans 365

Housing Wire

FEBRUARY 3, 2023

HELOCs have continued to set the stage as flexible, helpful products that provide quick access to financing for a multitude of uses including home renovations, debt consolidations or emergency purchases. Residential Lending at TD Bank. There is risk involved as HELOCs are tied to the prime rate and can continue to rise.

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Renovation Fixed-rate mortgage Equity Finance 383

Housing Wire

AUGUST 18, 2022

Tap into the knowledge bank of these top CEOs who are driving their businesses forward by registering today for HW Annual in Scottsdale, Arizona Oct. Marketing Leaders Success Summit. Kicking off HW Annual, the Marketing Leaders Success Summit is a half-day event on Oct.

Staging 387

Staging Branding Lending Industrial 387

Housing Wire

APRIL 7, 2023

Since 2022 — as the labor market has been getting hotter with massive job gains and high job openings — the year-over-year wage growth data has been falling. Let this sink in; while the labor market was booming in 2022 and 2023, the fear of a wage spiral never materialized. I wrote recently about the 1970s inflation and mortgage rates.

Mortgages 536

Mortgages Banks Marketing As-is 536

Housing Wire

MAY 26, 2021

A few weeks after striking a deal to buy $14 billion of mortgage servicing rights from Texas Capital Bank , a subsidiary of Ocwen has agreed to buy $48.3 Technology for navigating secondary market challenges. Western Alliance Bank agreed to buy AmeriHome for $1 billion earlier this year.

Purchase and sale agreement 395

Purchase and sale agreement Banks Lending Loans 395

The Close

DECEMBER 27, 2022

I bought my first investment property at 21 years old, before I really understood the potential impact of real estate market cycles. But it took time and experience to figure out the particular moments in a real estate market cycle that are better for different types of investing. Understanding Real Estate Market Cycles.

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Investor Staging Marketing Banks 91

Housing Wire

AUGUST 10, 2023

loanDepot has agreed to settle a securities class action lawsuit filed by shareholders that alleged the company, its executives and investment banks made false or misleading disclosures before and after the lender’s initial public offering in 2021.

Investor 370

Investor Banks Loans Staging 370

Housing Wire

APRIL 3, 2023

And just like our agents have had to adapt with the market, I have had to adapt to this shift, and we are now focusing on profit.” ​​Reffkin has set the ambitious goal for Compass, the largest brokerage in America by sales volume , to be cash flow–positive by the end of June, even amid the biggest housing market slowdown in years.

Banks 371

Banks Brokerage Closing As-is 371

Housing Wire

DECEMBER 22, 2023

Going through this transitionary stage of life during a time of panic and crisis forced a lot of us to move back home in 2020 to be with family. This trend of living in a multi-generational household means older Gen Z (ages 20-26) most likely have a lump sum of money saved up just sitting in a bank account.

Branding 427

Branding Technology Finance Industrial 427

Housing Wire

OCTOBER 24, 2022

On stage in Nashville on Monday, Mortgage Bankers Association Chairwoman Kristy Fercho passed the torch to Matt Rocco, who will take over as chairman in 2023. ” Rocco takes over from Wells Fargo’s Fercho amid one of the most challenging mortgage markets in memory.

Banks 387

Banks Commercial Lending Staging 387

Housing Wire

NOVEMBER 8, 2021

31, 73% of the first-mortgage servicing market. The most notable decline was in the independent mortgage bank portfolio, which dipped 15 basis points to 2.28%. of total loans in forbearance were in the initial stage last week, and 73.9% The survey included data on 36.6 million loans serviced as of Oct.

Loans 501

Loans Staging Mortgages Banks 501

Keeping Current Matters

JANUARY 4, 2021

It’s exciting to put a house on the market and to think about making new memories in new spaces. When inventory is low, like it is in the current market, it’s common to think buyers will pay whatever we ask when setting a listing price. Stage Your Home Properly. Today’s sellers’ market might be your best chance to make a move.

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Staging Banks Lending Design 289