Private mortgage insurance industry boomed in 2020

Housing Wire

The private mortgage insurance industry also supported $600 billion in mortgage originations. The mortgage insurance industry also updated its guides and processes to align with the Federal Housing Finance Agency (FHFA) and the GSEs’ policies to implement nationwide forbearance programs.

Housing industry reacts to Yellen’s confirmation

Housing Wire

Industry officials were quick to signal their support for yesterday’s historic U.S. ” For the housing industry , Yellen as Treasury Secretary represents a steady hand at the wheel in a deeply uncertain period.

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7 things that have changed forever in the mortgage industry

Housing Wire

The mortgage industry has not traditionally been the vanguard of digital adoption, particularly in data intelligence and applied machine learning. The mortgage industry has been forced to respond to the massive and sudden work-from-home mandates.

Mortgage industry welcomes incoming Biden administration

Housing Wire

The housing industry took the opportunity to welcome the new administration and remind it of its promises. “On We look forward to working with this administration and the new Congress on issues that affect mortgage finance and the broader real estate industry.

Housing industry takes pride in stepping up

Housing Wire

Fortunately, in the midst of uncertainty, many in the housing industry are stepping up and continuing to push forward to help their communities despite the hurdles they may face at home and in the home office. The post Housing industry takes pride in stepping up appeared first on HousingWire.

Drone mapping in the real estate industry

Housing Wire

In most cases, the advancements cause disruption— and opportunity—in every industry. Drone mapping is replacing manned aerial flyovers such as Google Earth , a technology the industry has relied on for decades. Seth Thompson, premier land professional.

The purchase market is an opportunity for the title industry

Housing Wire

My recommendation for lenders is applicable to the title industry, too. Just as I’ve advised the origination industry, that opportunity also exists for the settlement space. The post The purchase market is an opportunity for the title industry appeared first on HousingWire.

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How COVID-19 is driving AI in the mortgage industry

Housing Wire

The shift to AI-powered technology is rapidly taking over the mortgage industry with leaders turning to machine learning to increase efficiency amid COVID-19. If we could get some of these other industries started again, that could ameliorate some of the negative effects.

The mortgage industry is ripe for blockchain in 2021

Housing Wire

The next time you apply for a mortgage, or your lender services that loan or sells it on the secondary market, you might be helping to disrupt an industry.

The looming danger facing the affordable housing industry

Housing Wire

The post The looming danger facing the affordable housing industry appeared first on HousingWire.

Industry mourns death of PennyMac’s Stanford Kurland

Housing Wire

The company and industry leaders alike mourned his passing, calling him an “esteemed industry leader, visionary and friend.”. “I Stan leaves an indelible mark not only on PennyMac, but on the mortgage industry he helped to build and shape. The industry lost a singular talent.”.

How 2020 raised the stakes for the mortgage industry

Housing Wire

Prior to 2020, the mantra around the mortgage industry going back to 2016 was that launching a new “digital experience” was the equivalent to table stakes in poker. As mortgage industry insiders watched Quicken climb the list to the No. Meanwhile, the industry scrambled.

Housing industry turns against Fannie, Freddie’s added refinance fee

Housing Wire

After Fannie Mae and Freddie Mac announced an added 50 basis point fee to all refinances, the housing industry was quick to react. The Mortgage Bankers Association also joined together with various members of the housing industry to oppose the move.

Industry Responds to Inauguration Address

RIS Media

Here’s how the industry responded to his inauguration and address. The industry simply cannot continue operation under these policies without disastrous harm to housing affordability. ” The post Industry Responds to Inauguration Address appeared first on RISMedia.

Speed up the closing process with industry-leading solutions

Housing Wire

The mortgage industry is no stranger to disruption since the onset of the COVID-19 pandemic. Black Knight’s industry-leading PPE engine provides lenders with the most advanced capabilities available in the market. Two industry leaders, one united focus.

The mortgage industry should build ATR rule governance

Housing Wire

An industry collaborative that involves all sides of a securitization transaction is a perfect forum for today’s market. The post The mortgage industry should build ATR rule governance appeared first on HousingWire.

Opinion: Organized insurance scam or troubled industry?

REM Online

The original post can be found at the following URL: Opinion: Organized insurance scam or troubled industry? From what I have researched I don’t see anything that indicates that the Canadian insurance industry and 82 per cent of its member companies were hurt by COVID-19 – quite the opposite.

Women lead industry through the haze of pandemic

Housing Wire

From pandemic to protests to politics, 2020 has been an obstacle course for housing industry companies. If this year continues its current trajectory, the housing industry might permanently change as a result. “It’s

How COVID-19 changed the leasing industry

REM Online

The original post can be found at the following URL: How COVID-19 changed the leasing industry. The original post can be found at the following URL: How COVID-19 changed the leasing industry. The following content may have been republished here without the author's permission.

4 Benefits of Attending Virtual Industry Events

App Folio

Events have always played a large role in the real estate industry. From annual conferences and trade shows to peer

Cover Story: Industry Focused

RIS Media

“As a leadership team, we listened to our employees, the industry and consumers. “We wanted to do more in the industry to create a dialog around racial discrimination and fair housing,” he explains. ” An Industry-First Approach.

Industry gives mixed reviews of FHFA’s Final Capital Rule

Housing Wire

The mortgage industry is responding with mixed reviews to the Federal Housing Finance Agency ‘s Final Capital Rule for mortgage giants Fannie Mae and Freddie Mac, which it released on Wednesday. On Thursday, Mortgage Bankers Association President and CEO Bob Broeksmit said the MBA appreciates the time and effort given to reviewing comments from industry stakeholders and regulatory agencies prior to its finalization, but is disappointed in several aspects of the rule.

Real estate industry expresses support for Biden’s $15,000 tax credit

Housing Wire

The post Real estate industry expresses support for Biden’s $15,000 tax credit appeared first on HousingWire.

Current Trends in the Real Estate Industry

Realty Biz

The real estate industry has been in disarray since the pandemic began wreaking havoc on the economy and pretty much everything else in its path. Home prices are rising, interest rates are declining, and the industry as a whole looks a whole lot different than it did before COVID-19.

Younger generations want to become homeowners – Here’s how the housing industry can help

Housing Wire

As an industry, if we are willing to step into that advisory role, we can be more successful in helping prospective homebuyers become homeowners. The post Younger generations want to become homeowners – Here’s how the housing industry can help appeared first on HousingWire.

Zillow to Start Cashing in on Zestimates, Industry Responds

RIS Media

“This will create greater transparency for the consumer and the real estate industry.” The post Zillow to Start Cashing in on Zestimates, Industry Responds appeared first on RISMedia.

Fannie Mae and Freddie Mac CEOs address industry on refinance fee grievances

Housing Wire

In a combined letter on Thursday, Fannie Mae CEO Hugh Frater and Freddie Mac CEO David Brickman addressed industry criticisms following the GSEs’ announcement last week of an additional 50 basis point fee on refinances starting Sept.

The rapid adoption of digital closings during COVID-19 shows what’s possible in the mortgage industry

Housing Wire

Will this end up being a watershed moment for the industry? HousingWire: You’ve been focused on helping the mortgage industry get to an end-to-end digital process for many years. Nancy Alley: We are at a turning point in the mortgage industry’s move to digital.

Industry veterans launch Canopy in bid to shake up residential due diligence space

Housing Wire

Residential due diligence is an area of the mortgage ecosystem that’s overdue for disruption, according to two industry veterans who want to offer something completely different in the due diligence space through their newly launched company, Canopy.

‘Past Clients’ Will Not Move the Real Estate Industry Forward!

RIS Media

” In my view, there is only one essential way to preemptively inoculate the real estate industry from disintermediation, disruption or value diminution. The post ‘Past Clients’ Will Not Move the Real Estate Industry Forward!

From Startup to Industry Standard

RIS Media

When COVID hit, the company knew it needed to do something special to help the real estate industry. The post From Startup to Industry Standard appeared first on RISMedia. Greenville, S.C.-based

RISMedia’s Newsmakers: Celebrating the Industry’s Futurists and Influencers

RIS Media

Our Influencers include some of the brightest thought leaders in the real estate industry. “Being named a RISMedia Newsmaker means a lot to me…one of the biggest reasons is for the chance to inspire other Korean and Asian REALTORS® in our industry.

RISMedia’s Newsmakers: Celebrating the Industry’s Achievers and Crusaders

RIS Media

If the industry learned one thing this past year, it’s that resiliency is key to a successful business model. I anticipate that 2021 will be a year of explosive growth and heightened innovation in our industry. “To me, RISMedia is our industry’s North Star.

Mortgage industry provides commentary on CFPB’s proposed changes to QM loan definition

Housing Wire

Prior to the deadline for public commentary on Tuesday, housing industry trade groups, companies and organizations responded to the Consumer Financial Protection Bureau’s proposed rulemaking for the general qualified mortgage definition and the expiration of the QM patch in January 2021.

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Why industrial interiors are making waves with buyers

Inman

It’s little wonder that interest in industrial spaces has peaked: Luxury homebuyers seek properties that inspire them as they work from home, while still being practical and functional.