Housing Wire

SEPTEMBER 28, 2023

She added: “Since most borrowers have substantial amounts of home equity, those who have locked in low mortgage rates that do enter later stages of delinquency will most likely not experience foreclosures.” On home equity , Boesel noted that home-price growth should pick up over the next year. “Overall U.S.

Mortgages 402

Mortgages Staging Equity Principal 402

Housing Wire

JANUARY 12, 2024

As a marketer by profession, I tend to put these companies into categories to create a narrative and to develop brand specificity. Of these, category 2 is the most established. Some companies in this space are better than others, but overall, the industry can give itself at least an A- in this category.

Finance 371

Finance Principal Residential Development 371

Housing Wire

APRIL 18, 2024

Shelley Giordano In 2019, the group exited the American College and reformed as the Academy for Home Equity in Financial Planning at the UIUC. The lender will work to keep bringing academic experts together to continue compiling and sharing data about the use — and potential use cases — of home equity in retirement.

Equity 369

Equity Loan Officer Mortgages Industrial 369

Housing Wire

APRIL 17, 2024

Once federal regulations were adopted some years ago, the Home Equity Conversion Mortgage (HECM) eliminated many of the problems we came to associate with the term reverse mortgage,” Robinson told the MarketWatch blog. “I I used to dislike reverse mortgages.

Mortgages 415

Mortgages Equity Loans As-is 415

Housing Wire

APRIL 25, 2024

The reverse lending industry’s most prominent attendee — Kristen Sieffert of Finance of America Companies (FOA), parent company of industry-leading lender Finance of America Reverse (FAR) — offered insights into various topics about the reverse mortgage product category.

Mortgages 307

Mortgages Finance Equity Lending 307

Realty Biz

OCTOBER 23, 2023

JPAR® , a leading player in the real estate industry, has been recognized as a 2023 Top Franchise for Diversity, Equity, and Inclusion by Entrepreneur. This accolade underscores the company's commitment to promoting diversity, equity, and inclusion within its corporate culture and among its franchisees and agents.

Equity 96

Equity Branding Brokerage Agents 96

Housing Wire

MAY 15, 2023

Nine million borrowers refinanced their loans without equity extraction, with an aggregate decrease of $24 billion annually. In addition, five million borrowers extracted $430 billion of home equity through cash-out refis. ” Meanwhile, the pace of equity extraction halted when mortgage rates began climbing. ”

Equity 344

Equity Loans Mortgages Banks 344

Housing Wire

OCTOBER 19, 2023

“Working together as one group combines a vast range of industry backgrounds that contribute to expertise in every category of real estate. Together, they will boast a total of 42 real estate agents , serving clients across different neighborhoods and price points throughout the Las Vegas Valley.

Principal 389

Principal Technology Equity Residential 389

Housing Wire

FEBRUARY 5, 2024

It also suggests that the Implementation Tracker be updated to include categories for each initiative’s area of focus rather than producing separate reports containing these designations.” The Commission recommends future initiatives emphasize delivering results. California is one of six states with dedicated Master Plans for Aging.

Equity 363

Equity Development Design Mortgages 363

Housing Wire

JULY 31, 2023

banks have tightened their lending standards for residential real estate (REE) loans and home equity lines of credit (HELOC) in the second quarter amid the collapse of regional banks and a cascade of interest rate hikes by the Federal Reserve to tame inflation. A 40%-plus net share of all U.S.

Lending 353

Lending Banks Mortgages Loan Officer 353

Housing Wire

AUGUST 2, 2021

Meanwhile, demand for government residential mortgages, revolving home equity lines of credit (HELOCs) and subprime residential mortgage loans remained unchanged, the report said. Banks reported that standards were the easiest pre-financial crisis (2005 to 2007) and tightest post-financial crisis (2008 to 2010) across all loan categories.

Mortgages 464

Mortgages Lending Banks Residential 464

Housing Wire

MAY 23, 2022

While the amount of equity Americans own in their homes has risen dramatically in aggregate, Americans still have between $15 trillion and $18 trillion in mortgage debt. Despite rising home equity, the total net worth of the average American household is $122,000 with 70% of that being equity in their homes.

Equity 351

Equity Finance Development As-is 351

Housing Wire

MARCH 18, 2024

A national syndicated columnist has taken a closer look at the reverse mortgage product category after reviewing data from the Consumer Financial Protection Bureau (CFPB) about the industry’s advertising practices , and she says that the product can have utility for older Americans as long as a prospective borrower properly understands it.

Mortgages 338

Mortgages Equity Industrial Branding 338

Housing Wire

FEBRUARY 13, 2024

When you look at the $13 trillion of home equity held by the 55- to 60-plus demographic, you’ve got […] a $4 trillion retirement savings gap. She said it’s possible that the product category has been contorted too far beyond the conceptions people have about other, more mainstream mortgage products. “I

Finance 338

Finance Equity Industrial Mortgages 338

Housing Wire

JANUARY 9, 2024

However, despite these well-intentioned programs, ADUs remain a somewhat tricky thing for many consumers to finance – and many lenders are still figuring out how to best serve this growing category. The good news is that we are making progress at solving these problems.

Finance 458

Finance Construction Loans Renovation 458

Housing Wire

JANUARY 31, 2024

“We went through a massive pivot last year, and we are solely focused today on really helping the modern retiree reimagine what their retirement years could look like through the power of their home equity,” Sieffert said. “We Consolidating its resources seemed a prudent move, Sieffert said. “We

Mortgages 328

Mortgages Finance Equity Industrial 328

RIS Media

JANUARY 31, 2024

Bright MLS has announced that its “Open Housing Marketplace” campaign, designed to increase awareness about a fair housing market, has been selected as a two-category winner (Responsible Technology and Diversity, Equity and Inclusion) in the 3rd Annual Anthem Awards.

MLS 114

MLS Equity Technology Design 114

Housing Wire

FEBRUARY 14, 2024

As a result, homeowners either must sell their current home and suffer through double moves and short-term rentals to access the equity they’ve accrued, or they have to make contingent offers that require the sale of their current house to close. HW: How has the proptech space evolved in the last 5-10 years?

Backup offer 380

Backup offer Loan Officer Home sale contingency Branding 380

Housing Wire

JUNE 1, 2023

After more than 20 years with the Anywhere Advisors entity of Anywhere Real Estate and the HomeServices of America entity of Berkshire Hathaway HomeServices consistently being number one or two in both categories on the RealTrends 500 , eXp Realty and Compass rose to these positions and displaced the old guard in less than 10 years.

Brokerage 330

Brokerage Residential Equity Agents 330

Housing Wire

JANUARY 16, 2024

Younger generations have also faced rising affordability challenges, as home values have risen four times faster than incomes of the last several decades, according to Redfin, which has made it harder for both millennial and Gen Z buyers to purchase a large home as they are less likely to have equity from the sale of a previous property.

Equity 443

Equity Mortgages As-is Sales 443

Housing Wire

FEBRUARY 11, 2022

But two categories are not as susceptible to higher interest rates: cash-out refis and home equity lines of credit. Those are two business channels right now that will probably flourish for the rest of the year, because there’s a lot of equity-rich homeowners out there,” Hughes said.

Industrial 382

Industrial Mortgages Fixed-rate mortgage Equity 382

Housing Wire

MAY 24, 2021

And just like that, coordinates for a wire fraud transfer of tens of thousands of dollars —­ even a lifetime of home equity — disappear. Instead of questioning email directions from their agent, title insurer or lender, the consumer hits ‘reply.’. Digital fraud comes at real estate transactions in several forms.

Title 404

Title Residential Equity Closing 404

RIS Media

DECEMBER 8, 2023

Bright MLS has announced that its digital campaign, “Open Housing Marketplace,” featuring an original digital short, “A Place to Call Home,” has been named a finalist in two categories, Responsible Technology and Diversity, Equity and Inclusion of the 3rd Annual Anthem Awards, a special focus of the Webby Awards that honors purpose and mission-driven (..)

MLS 112

MLS Equity Technology Industrial 112

Housing Wire

APRIL 9, 2024

In terms of what motivated the company to conduct the survey, Ruben describes a perceived disconnect between the utility of the product category and its reputation. Department of Housing and Urban Development (HUD) or the Federal Housing Administration (FHA) may choose to make to the Home Equity Conversion Mortgage (HECM) program, he said.

Mortgages 353

Mortgages Equity Banks Brokerage 353

Housing Wire

AUGUST 17, 2023

While loan officers have said 5% would be the magic rate that would get homeowners to move, the MBA doesn’t expect the average 30-year fixed rate mortgage to drop below 5% until 2024. Rank Company Growth (3-yr Avg.) 5000 – 2023

Mortgages 367

Mortgages Loan Officer Fixed-rate mortgage Loans 367

Marco Santarelli

MAY 11, 2024

Home Equity Softening, Not Disappearing The report highlights a slight decrease in the percentage of homes considered “equity-rich,” where the loan value is less than half the estimated market value. This signifies that homeowners, by and large, still hold a healthy level of equity in their properties.

Mortgages 108

Mortgages Marketing Equity Pre-approval 108

Housing Wire

MARCH 21, 2022

The most notable decline was in the portfolio loans and private-label securities (PLS) category, dropping by 30 basis points to 2.72%. The total number of loans in forbearance decreased by 12 basis points, from 1.30% in January to 1.18% in February, according to the Mortgage Bankers Association (MBA).

Loans 370

Loans Staging Equity Mortgages 370

Housing Wire

MARCH 1, 2022

securities, including long-term securities and debt, equities, asset-backed securities and short-term debt securities, stood at $27.289 trillion as of June 30, 2021, up from $21.954 trillion as of the same date a year earlier. The total value of all foreign holdings of U.S. The five leading nations holding U.S.

Lending 381

Lending Equity Banks Technology 381

Housing Wire

APRIL 9, 2021

. “Because homebuyers borrow less for the first mortgage, down payment assistance can also lead to lower payments and greater home equity when it is a grant or is forgiven over time,” Ratcliffe said. The number of potential program participants per category, UI estimates, are 5.37 million, 5 million, 4.37 million, and 2.51

Equity 433

Equity Finance Closing Mortgages 433

Housing Wire

FEBRUARY 14, 2023

Other categories that contributed to the monthly increase included motor vehicle insurance (1.4%), recreation (0.5%), apparel (0.8%) and household furnishings and operations index (0.3%). “In Month over month, the all items less food and energy index rose 0.4%, with a 0.7%

MLS 361

MLS Equity Mortgages Design 361

Housing Wire

OCTOBER 26, 2023

This category includes things like home equity loans and lines of credit. Yearly decreases were reported across the commercial, purchase and refinance segments, with purchase order volume take the largest hit, dropping by over 7,000 opened orders to 53,506 orders.

Title 332

Title Commercial Equity Residential 332

Housing Wire

JULY 27, 2022

Meanwhile, products like adjustable-rate mortgages and home equity lines of credit are being reintroduced. Direct labor: The cost of operations should be broken down into granular components such as cost by department, including separate categories for closing, loan setup, processing, underwriting, etc.,

Mortgages 357

Mortgages Marketing Lending Loan Officer 357

Housing Wire

JUNE 22, 2021

In addition to last week’s drop, every investor category experienced some form of decline. In fact, calculating mark-to-market CLTVs of homeowners in some form of mortgage postponement through February 2021, Black Knight estimated that 96% have at least 10% equity in their homes. a 4 basis point improvement ?

Short sale 388

Short sale Loans Equity Mortgages 388

Housing Wire

JULY 20, 2023

They may have a downpayment saved that isn’t their home equity. They might use a bridge loan to borrow their equity, close on the next home and then sell the old one. link] timandjulieharris.com/category/podcast has new podcasts every day. You don’t know if you don’t ask. Who are your go-to leasing agents?

Equity 282

Equity MLS Construction Agents 282

Eye on Housing

FEBRUARY 10, 2023

According to the Federal Reserve Board’s January 2023 Senior Loan Officer Opinion Survey (SLOOS)—conducted for bank lending activity over the fourth quarter of last year—banks reported weaker demand for residential real estate (RRE) loans, home equity lines of credit (HELOCs), and commercial real estate (CRE) loans. Read More ›

Loans 120

Loans Loan Officer Commercial Lending 120

HomeLight

MARCH 21, 2024

Start Making Offers Without Waiting to Sell Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. Learn More What is a walkability score by address?

Home sale contingency 103

Home sale contingency Equity Sales Marketing 103

Housing Wire

NOVEMBER 6, 2020

According to that letter, “Wells Fargo admitted to entering certain customers into forbearance without their consent, identifying four categories of customers who were affected. She sent a letter to Federal Reserve Chair Powell that detailed the response from Wells.

Bankruptcy 272

Bankruptcy Banks Equity Loans 272