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MBA president sees opportunities for dual licensing in post-settlement landscape

Housing Wire

One of those models could be that you, as lenders, license your loan officers as real estate agents and offer the buying agent service for less than a 3% fixed fee point. Any lender in the audience knows that they have a huge list of people who are qualified and able to buy a house; there’s just no inventory.

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Fed purchases of agency MBS total $892 billion

Housing Wire

Five months after restarting a bond-buying program last used in the financial crisis, the Federal Reserve has purchased about $892 billion of agency mortgage-backed securities, according to a Fed blog post on Thursday. The asset-buying has helped to drive mortgage financing costs to the lowest level ever recorded, with the average U.S.

Investor 454
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Marketing matters: How to stand out in a challenging mortgage environment

Housing Wire

The economic trifecta of rising interest rates , persistently high home prices and record undersupply is making home buying increasingly challenging. A well-researched blog post can resonate with those who seek insights on the latest trends and products, serving their needs while also making you a go-to source of information.

Mortgages 398
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Fannie Mae: Affordability fears affecting housing inventory

Housing Wire

A blog by two Fannie Mae researchers — Rachel Zimmerman, market research advisor, and Kim Betancourt, senior director of economics and multifamily research — published this week said that consumer perception around housing affordability is in part contributing to inventory constraints.

Mortgages 383
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What your title company needs to succeed in 2023

Housing Wire

Here’s how to show them you’re in the know: Be a title expert Homebuyers want information that can make their decisions more manageable, especially information on title insurance, which they may have never heard of before starting the home buying process. Videos Even more powerful than blogs: video content.

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Opendoor expands suite of services in multiple states

Housing Wire

“We’ve built a buying experience that bypasses the traditional hassle and uncertainty of the process to help buyers house hunt with ease and make the most competitive offer, safely and conveniently,” the blog post said. The option to finance a home via Opendoor Home Loans has also been expanded, according to the blog post.

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Reverse mortgage volume, securities issuance fall in February

Housing Wire

A recent addition to the HMBS program that allows for smaller aggregate pool sizes below $1 million is also seeing more buy-in from issuers each month, but it remains in line with expectations, Kelly explained. The resulting lower HECM production inevitably reduces HMBS production.”

Mortgages 363