Housing Wire

APRIL 5, 2024

This bodes well for those hoping to see a soft landing, and for those hoping for lower mortgage rates. So, let’s look at where we are today with all the labor data and why mortgage rates are still high while the labor market is getting softer. Instead, I have focused on jobless claims data. is more in their comfort zone.

Land 498

Land Mortgages Marketing As-is 498

Housing Wire

SEPTEMBER 27, 2023

Many of these laws target specific types of real estate deemed crucial to national security, such as farmland or property near military installations, while other laws apply more broadly to all types of land. Laws should mandate that authorized state agencies record relevant documents and court orders in local land records.

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Housing Wire

NOVEMBER 15, 2024

For instance, at Lone Star Landing in Montgomery, Texas, M/I Homes is offering discounts ranging from $7,500 to $20,000 on specific properties. Buyers using this incentive can qualify for either a 3/2/1 rate buydown on a 30-year FHA Fixed-rate Mortgage or a 3/2/1 rate buydown on a 30-year conventional fixed-rate mortgage.

Fixed-rate mortgage 411

Fixed-rate mortgage Closing costs Residential Finance 411

Housing Wire

FEBRUARY 13, 2025

As the 21st transaction made under the company’s LHOME Mortgage Trust, Kiavi’s total volume of notes offered sits at $5.8 San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs). billion since 2019.

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Land Investor Principal New Construction 242

Housing Wire

NOVEMBER 4, 2024

As high mortgage rates reshape the housing market, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. Recently, the “lock-in effect” has kept homeowners with historically low-rate mortgages from selling, but this effect is easing. million units. The sales pace was down 3.5%

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As-is Marketing Construction New Construction 370

Housing Wire

AUGUST 30, 2024

Mortgage banking executive and industry mergers & acquisitions advisor Rick Roque has taken a new executive position at NFM Lending. ” Roque’s arrival at NFM comes just a few months after he joined Sierra Pacific Mortgage as executive vice president of retail. . “Looking forward to seeing what we can do together.”

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Lending Land Banks Loans 427

Housing Wire

AUGUST 13, 2024

In these contracts – also known as “land contracts” or “bond for deed” –the seller retains the legal title to a home until the borrower completes all the payments, leading to some “traps,” according to the CFPB. Mancini – who is testifying during a CFPB field hearing on land contracts on Tuesday in St. among subprime loans.

Mortgages 477

Mortgages Land Lending Finance 477

Housing Wire

FEBRUARY 27, 2025

Active listings landed at 212,437 at the end of January, a staggering 19.4% However, mortgage rates staying stubbornly around 7% are preventing many would-be buyers from entering the market. At 172,209 homes, its the highest reading of any month dating to when Redfin started keeping records in 2012. year-over-year jump.

Sales 382

Sales Marketing Land Agents 382

Housing Wire

SEPTEMBER 30, 2023

Why are mortgage rates rising? The jobless claims data is my key 2023 economic data line for the bond market and mortgage rates because I don’t believe the Fed will pivot until the four-week moving average of jobless claims gets above 323,000. Land the plane, folks, land the plane!

Mortgages 520

Mortgages Land Staging As-is 520

Housing Wire

APRIL 5, 2022

But what does virtual real estate mean for real-world mortgage professionals? Actual” real estate is defined as property consisting of land or buildings, and everything that is permanently attached to the land. Today, the law is not yet clear on whether or not virtual land in the Metaverse is “actual” real estate.

Mortgages 532

Mortgages Lending Land Loans 532

Housing Wire

MAY 13, 2024

Rocket Mortgage , the third largest U.S. mortgage lender, has entered into a conciliation agreement with the U.S. Consequently, the borrowers got a mortgage from another lender on less favorable terms and higher interest rates. billion in mortgages in Q1 2024. Rocket originated $20.2

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Lending Land Principal Finance 434

Housing Wire

JANUARY 15, 2025

Title theft occurs when a criminal impersonates a property owner and sells or takes out a second mortgage on the owners property. In the worst-case scenario, the home goes into foreclosure and/or is deeded to a new purchaser.

Title 392

Title Title search Land Banks 392

Housing Wire

MARCH 4, 2025

In an environment of high home prices and elevated mortgage rates , older homeowners taking a closer look at less expensive areas to make their money go further is not an isolated phenomenon. Real estate agent Lisa Di Pasquale described her success in such a scenario in a previous interview with HousingWire s Reverse Mortgage Daily (RMD).

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Equity Principal Development Staging 405

Housing Wire

DECEMBER 10, 2024

The housing market got some much needed relief in the fall when mortgage rates began to drop, but it was short lived. Despite two interest rate cuts by the Federal Reserve, mortgage rates rose again and remain stubbornly high. It’s just become a more common theme.

Marketing 370

Marketing Land Sales Mortgages 370

Housing Wire

DECEMBER 2, 2024

Mortgage rates remain high and for-sale inventory remains low, while an overwhelming majority of baby boomers (78%) stated in a survey from Redfin that they have no intention of moving out of their current homes. . “There’s a lot of people in the middle, homeowners included, who are stuck.”

As-is 411

As-is Land Equity Mortgages 411

Housing Wire

APRIL 11, 2025

The panel dissected the housing market’s current state marked by rising inventory, affordability challenges, elevated mortgage rates , and investor uncertainty and what it all means for the rest of 2025 and beyond. Builders may slow starts and renegotiate land options. Gross margins are now sub-20% for many builders. [06:07]

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Marketing Land Development Investor 295

Housing Wire

JANUARY 10, 2025

Real estate and mortgage firms are stepping up to help housing professionals and the Southern California community as wildfires ravage the area. Please reach out to our guest experience team at reservations@avantstay.com and we will do our best to find you a landing spot.

Land 483

Land Agents As-is Industrial 483

Housing Wire

JUNE 4, 2024

But while a fraud attempt targeting such a famous structure and family would easily make national news, the vast majority of title theft and mortgage fraud schemes do not. An alternative scam is to submit a mortgage application in your name to get cash out of the house.

Title 483

Title Sales Mortgages Equity 483

Housing Wire

DECEMBER 18, 2023

A decline in mortgage rates since November helped end four months of declines in builder confidence. According to NAHB Chief Economist Robert Dietz, the peak in mortgage rates for this cycle is behind us, which should help “to spur buyer demand in the coming months.”

Mortgages 494

Mortgages Land Development Sales 494

Housing Wire

JANUARY 6, 2023

Can we have a soft landing in the economy? Mortgage rates fell aggressively down to 6.20%, putting us at more than 1% below the highs of 2022. This is why Friday’s data is exciting to see and why the bond market sent mortgage rates to 6.20% and yes — we are back on 5-handle mortgage rate watch. Job report.

Mortgages 545

Mortgages Construction Land Staging 545

Housing Wire

JANUARY 9, 2025

Kevin Peranio , chief lending officer for Paramount Residential Mortgage Group (PRMG), lives in the Orange County area and said hes witnessed the effects of being displaced by the wildfires. Peranio is also an investor in Pacaso , a second-home co-ownership company, and said that the company is mobilizing its network to help those in need.

Marketing 498

Marketing Lending Land Residential 498

Housing Wire

OCTOBER 25, 2023

With mortgage rates still hovering around 8%, mortgage applications decreased 1% for the week ending Oct. 20 compared to the week prior , according to weekly mortgage application data from the Mortgage Bankers Association. the week prior while the share of Department of Agriculture (USDA) loan activity decreased to 0.4%

Mortgages 469

Mortgages VA loan FHA loan Loans 469

Housing Wire

JANUARY 4, 2023

More than 160 employees from the now-shuttered Finance of America Mortgage have landed at Go Mortgage , a Columbus, Ohio-based lender. In the coming months, more former FoA employees are expected to “trickle in” to Go Mortgage’s retail division, which will bring the total number to 200. Go Mortgage originated $753.2

Mortgages 506

Mortgages FHA loan Loan Officer Construction 506

Housing Wire

AUGUST 2, 2024

Construction employment showed a small gain, as builders continue to work to add to housing supply given the ongoing shortage,” Mike Fratantoni, the Mortgage Bankers Association’s chief economist, said in a statement. Overall, for the past year, the construction sector has added an average of 19,000 jobs per month.

Mortgages 489

Mortgages Marketing Construction Residential 489

Housing Wire

APRIL 17, 2024

The Federal Housing Finance Agency (FHFA) this week announced a new product proposal for government-sponsored enterprise (GSE) Freddie Mac that would allow the agency to purchase certain single-family, closed-end second mortgages. FHFA Director Sandra Thompson explained that such options are needed in the current mortgage rate environment.

Closing 529

Closing Mortgages Equity Loans 529

Housing Wire

AUGUST 13, 2024

The American Land Title Association is making it clear that it won’t have the Consumer Financial Protection Bureau making drastic changes to title insurance without first at least hearing the trade groups thoughts on the issue. In a 15-page letter sent to CFPB Director Rohit Chopra on Aug.

Title 461

Title Mortgages Land Closing costs 461

Housing Wire

JANUARY 30, 2025

Mike Hardy, a Los Angeles-based managing partner for Churchill Mortgage , is concerned about the preexisting housing shortage in LA. And then on top of it, there’s going to be billions of dollars of infrastructure improvements that will need to be made as well. The population is much greater than the homes available for sale or rent.

Land 367

Land Residential Technology As-is 367

Housing Wire

SEPTEMBER 7, 2023

A slight cooling in mortgage rates wasn’t enough to keep mortgage applications from sinking to a 28-year low. Freddie Mac‘s Primary Mortgage Market Survey, which focuses on conventional and conforming loans with a 20% down payment, shows the 30-year fixed rate averaged 7.12% as of Sept. 7, down from last week ’s 7.18%.

Mortgages 469

Mortgages Fixed-rate mortgage Marketing MLS 469

Housing Wire

MAY 2, 2024

loan officer Timothy Potempa has departed Dallas-based multichannel lender OneTrust Home Loans to join E Mortgage Capital , bringing his team of about 40 people and more than $300 million in annual production to the company headquartered in California. 7 loan officer in the country last year with a mortgage production volume of $326.5

Loan Officer 440

Loan Officer Mortgages VA loan Lending 440

Housing Wire

NOVEMBER 3, 2023

The jobs report today which should move mortgage rates lower, demonstrates why it’s time for the Federal Reserve to land the plane. As I write this article, the 10-year yield is at 4.53%, and mortgage rates are heading lower! We had a solid job openings print this week and jobless claims are still near historic lows.

Mortgages 506

Mortgages Land As-is Marketing 506

Housing Wire

MAY 3, 2024

The labor market isn’t tight anymore and that will eventually be good news for mortgage rates. After last month’s jobs report, I talked about the path the Federal Reserve could take to land the plane based on wage growth data slowing down and getting closer to the Fed’s model. level, but it’s at least heading that way.

Mortgages 512

Mortgages Marketing Staging Land 512

Housing Wire

MARCH 22, 2023

The program provides direct loans to Native American veterans and veterans who are married to Native American non-veterans to help with the purchase, construction or renovation of a home on trust land. Native Americans often face difficulty when accessing credit on tribal lands.

VA loan 411

VA loan Mortgages Land Loans 411

Housing Wire

DECEMBER 9, 2024

The grant funds will be primarily deployed to bolster infrastructure, construction or renovation of community buildings, housing rehabilitation, land acquisition and economic development for the American Indian and Alaska Native populations. Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6

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Principal Land Development Renovation 370

Housing Wire

MARCH 26, 2025

is the only scrap that landed. In the 1960s, Black residents werent qualified for mortgages in places like Altadena. Most of the value of your house is actually in the land, Myers said. When house prices are inflated, it’s not that the construction cost is inflated the land underneath the house has gone way up.

Land 354

Land Construction As-is Mortgages 354

Housing Wire

OCTOBER 19, 2023

The Mortgage Bankers Association (MBA) had also expected the central bank would pause on rate hikes as real rates – which are inflation-adjusted– are 2%. Further declines in home sales from an already low level due to the run-up in mortgage rates will likely be muted relative to the slowdown in 2022, the ESR group projected.

Mortgages 492

Mortgages Land Banks Sales 492

Housing Wire

SEPTEMBER 14, 2023

Mortgage rates inched back up this week and remain anchored north of 7% as investors focus on the impact of rising headline inflation ahead of next week’s Fed rate decision. By contrast, the 30-year fixed-rate mortgage was at 6.02% a year ago at this time. Other indices showed different mortgage rates this week.

Mortgages 451

Mortgages Fixed-rate mortgage Investor Loans 451

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgages 526

Mortgages Marketing Lending Loans 526