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.

Mortgages 446

Mortgages Fixed-rate mortgage Marketing MLS 446

Housing Wire

DECEMBER 13, 2023

As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates , steep home prices , scarce inventory and anemic mortgage originations, compared with the boom years of 2020 and 2021.

Mortgages 406

Mortgages Marketing Banks Investor 406

Housing Wire

OCTOBER 16, 2023

The trough for the mortgage origination market is nearing an end point and 2024 is shaping up to be a better year for the industry, economists of the the Mortgage Bankers Association (MBA) said at the 2023 Annual Convention & Expo in Philadelphia, Pennsylvania. But then a rebound in 2024 — up 19%,” Fratantoni said.

Mortgages 492

Mortgages Marketing Banks Industrial 492

Housing Wire

FEBRUARY 21, 2024

Many analysts who cover the mortgage industry believe that the worst of the current cycle may be in the rearview mirror. In 2022 and 2023, quickly rising mortgage rates and shrinking volumes sent shockwaves through the industry and prompted massive job cutbacks. According to data from the U.S.

Mortgages 430

Mortgages Title Marketing Lending 430

Housing Wire

JANUARY 9, 2023

With a challenging year ahead, the professional services company affiliated with Rocket Mortgage has decided to restructure the marketing team in the first week of 2023, resulting in about 20 jobs cut, according to former employees. . Late last week, the Rocket Central Marketing team announced a reorganization,” he said.

Mortgages 475

Mortgages Marketing Loan Officer Loans 475

Housing Wire

DECEMBER 7, 2022

Since the weaker CPI data was released in November, bond yields and mortgage rates have been heading lower. The question then was: What would lower mortgage rates do to this data? Now, with five weeks of data in front of us, we can say they have stabilized the market. Mortgage rates went from a low of 2.5%

Mortgages 544

Mortgages Marketing Staging As-is 544

Housing Wire

FEBRUARY 7, 2024

Less than a year after coming to the rescue of Signature Bank during the market turmoil of March 2023, New York Community Bancorp (NYCB) faces a confidence crisis due to its exposure to commercial real estate loans. According to Inside Mortgage Finance (IMF) estimates, Flagstar originated $15.7 billion in mortgages in 2023.

Mortgages 437

Mortgages Banks Marketing Commercial 437

Housing Wire

NOVEMBER 15, 2023

Luckily, the mortgage industry is cyclical, so let’s take a look at how you can turn a negative into a positive and grab clients’ attention through effective marketing , ultimately growing your book while others’ shrink. Try incorporating the ideas described above as you plan your 2024 marketing strategy.

Mortgages 417

Mortgages Marketing Agents Industrial 417

Housing Wire

OCTOBER 6, 2023

The honey badger labor market woke up on Friday and chose violence, biting the legs of any job recession bear it could find. The first reaction from the bond market was to shoot up bond yields and mortgage rates went higher. labor market? However, as the day progressed, bond yields decreased from the peak.

Mortgages 454

Mortgages Marketing Closing Loans 454

Housing Wire

APRIL 15, 2024

The National Association of Mortgage Brokers (NAMB) announced a partnership with artificial intelligence (AI)-based video marketing platform Roomvu to provide mortgage brokers with marketing tools. Their innovative marketing technology is easy to use and is proven to move the needle in our industry.

Marketing 414

Marketing Mortgages Loans Industrial 414

Housing Wire

FEBRUARY 16, 2024

Cautious optimism is prevalent in the mortgage industry for 2024 as industry professionals anticipate the recovery of lost origination volume. The Loan Atlas niche is served by its coaching faculty, consisting of 19 top mortgage originators and executives from various lending companies, according to Braheem.

Mortgages 407

Mortgages Loan Officer Marketing Loans 407

Housing Wire

APRIL 23, 2024

Nominations for HousingWire’s 2024 Marketing Leaders award are open now through April 30th, 2024. The HousingWire Marketing Leaders award recognizes outstanding professionals who have demonstrated excellence in marketing within mortgage and real estate. Click here to nominate someone.

Marketing 380

Marketing Branding Title Development 380

Housing Wire

APRIL 18, 2024

The recent hotter-than-expected inflation reading sent mortgage rates upward. On Thursday, HousingWire’s Mortgage Rates Center showed the average 30-year fixed rate for conventional loans at 7.31%, up from 7.19% a week earlier. Despite the challenging housing market, demand isn’t fading.

Mortgages 409

Mortgages Loans Agents Marketing 409

Housing Wire

FEBRUARY 13, 2023

The housing market experienced more volatility last week, with housing inventory dropping as mortgage rates moved higher. The start of 2023 has been good, considering mortgage rates have stayed above 6% most of the time. I am keeping an eye on how much growth we can get with mortgage rates over 6%. Since Nov.

Mortgages 505

Mortgages Marketing As-is Sales 505

Housing Wire

MARCH 26, 2023

The financial and housing markets are still trying to sort out the banking crisis and whether we have seen the last Fed rate hike in this cycle. These events led to lower mortgage rates and increased purchase application data last week, but decreased housing inventory. In a regular market, they would be closer to 5.25%.

Mortgages 446

Mortgages Marketing Banks Closing 446

Housing Wire

JANUARY 25, 2024

Finance of America Companies (FOA) Chief Marketing Officer Chris Moschner found himself working for the lender in the wake of its acquisition of American Advisors Group (AAG), and Moschner previously told RMD about his journey to the position and the “intoxicating” opportunity he sees in the reverse mortgage space.

Industrial 417

Industrial Mortgages Marketing Finance 417

Housing Wire

SEPTEMBER 27, 2023

Despite mass layoffs in the wake of the Federal Reserve’s fight against inflation, mortgage professionals still see opportunities in the market. Others allocated resources into digital marketing (31.1%), automation technology (26.7%) and market data (19.3%). in events to garner business. were from the Northeast 16.3%

Mortgages 417

Mortgages Marketing Banks New Construction 417

Housing Wire

NOVEMBER 14, 2023

Total mortgage delinquencies rose slightly in the third quarter of 2023 as the job market cools and inflation puts more pressure on homeowners. However, delinquency rates are still well below historical averages, according to new data from the Mortgage Bankers Association (MBA).

Mortgages 406

Mortgages Marketing Staging Loans 406

Housing Wire

OCTOBER 2, 2023

Mortgage companies raising debt in the current high mortgage rates landscape is a sign that market conditions are improving, although a recovery from the downturn may come later than expected, analysts told HousingWire. And recent transactions show that there’s an appetite among investors for debt in the mortgage space.

Mortgages 427

Mortgages Marketing Investor Lending 427

Housing Wire

MARCH 23, 2024

Mortgage rates had a chance to break to new highs this year, but the Federal Reserve took a moderate tone at the last Fed meeting. We saw the benefit of lower mortgage rates with the last two existing home sales reports, which showed growth. Then mortgage rates rose, facilitating five weeks of negative purchase application data.

Mortgages 512

Mortgages Sales As-is Marketing 512

Housing Wire

FEBRUARY 28, 2022

In today’s purchase-heavy market, lenders must shift their priorities to increasing sales volume and standing out among the competition. The two companies featured in this section offer tools to support lenders in their marketing efforts. Black Knight ICE Mortgage Technology.

Mortgages 383

Mortgages Marketing Technology Loans 383

Housing Wire

MAY 2, 2023

Columbus, Ohio-based Go Mortgage has announced the appointment of Jessica Manna as its chief marketing officer. In her new role, Manna will be responsible for overseeing all marketing initiatives and strategies to promote Go Mortgage’s brand further and drive business growth.

Mortgages 383

Mortgages Marketing Branding Lending 383

Housing Wire

JULY 20, 2023

Rumors this week that regulators would increase residential mortgage capital requirements for larger depositary banks, far exceeding international standards under the Basel III rules, have raised alarms for industry executives, analysts and trade groups. That’s 20 basis points higher than the international standard.

Mortgages 370

Mortgages Banks Marketing Residential 370

Housing Wire

NOVEMBER 17, 2022

Wisconsin-based mortgage lender Waterstone Mortgage Corporation appointed Chik Quintans its new director of digital marketing, the company announced Thursday. Quintans’ professional career spans more than two decades in mortgage lending. In 2021, he was a mortgage banker at USA Mortgage.

Mortgages 370

Mortgages Marketing Lending Branding 370

Housing Wire

MARCH 20, 2023

Cloud-based loan origination system LendingPad has integrated with Aduvo, which provides mortgage marketing automation solutions. “In We’re excited and thankful for the opportunity to offer LendingPad users a turnkey mortgage marketing automation solution that works seamlessly with the LendingPad LOS ,” Bopp added.

Mortgages 370

Mortgages Marketing Loans Lending 370

Housing Wire

APRIL 23, 2024

loanDepot CEO Frank Martell expects the current mortgage market cycle to be “longer and tougher than anybody expected.” That’s kind of evaporated,” Martell said on Tuesday morning in a session during The Gathering , HousingWire’s real estate and mortgage conference held in Scottsdale, Arizona.

Mortgages 393

Mortgages Technology Equity Renovation 393

Housing Wire

FEBRUARY 20, 2023

Another week down in 2023 and we’re seeing crazier action in the housing market as purchase application data fell, mortgage rates rose again, and weekly inventory took another dive with a noticeable move lower in new listing data. Mortgage rates hit 6.80%, marking the high point for 2023 so far.

Mortgages 407

Mortgages Marketing Sales As-is 407

Housing Wire

APRIL 10, 2024

loans from mortgage services and place them in its portfolio at a fixed 2.5% Mortgage servicers will identify qualified borrowers and submit requests to the program on behalf of veterans, so veterans will not apply directly for VASP. The program ended in October 2022, when mortgage rates were higher. interest rate.

Mortgages 434

Mortgages Loans Lending Marketing 434

Housing Wire

JANUARY 11, 2023

Nashville, Tennessee-headquartered Defy Mortgage is the latest player to join the non-QM (non-qualified mortgage) lending space, which targets entrepreneurs and gig workers who have various forms of collateral, including cryptocurrency. We are able to count it as liquidity from a reserve requirement and for asset depletion.”. “We

Lending 417

Lending Mortgages Marketing Loans 417

Housing Wire

DECEMBER 20, 2023

Mortgage demand fell for the first time since November as mortgage rates reached their lowest level since June 2023. 15 compared to the previous week, according to data from the Mortgage Bankers Association (MBA). Total home loan applications decreased by 1.5% for the week ending Dec.

Mortgages 452

Mortgages VA loan FHA loan Loans 452

Housing Wire

DECEMBER 9, 2021

Mortgage rates decreased one basis point to 3.10% in the week ending Dec. 9, remaining low and stable despite tighter housing supply and affordability, according to the latest Freddie Mac PMMS mortgage report. Economists at Freddie Mac said the 15-year fixed-rate mortgage averaged 2.38% last week, down from 2.39% the week prior.

Mortgages 505

Mortgages Fixed-rate mortgage Marketing Loans 505

Housing Wire

APRIL 15, 2024

Last week’s above-consensus inflation figures brought the mortgage market back to a sour reality: The average 30-year fixed mortgage rate, an index closely watched by industry experts, may be close to or even above the 7% level for longer than previously expected. Where are mortgage rates headed? in second-quarter 2024.

As-is 454

As-is Industrial Mortgages Loans 454

Housing Wire

FEBRUARY 1, 2023

Borrower demand for home loans increased in the first three weeks of 2023, sparking optimism among mortgage industry executives and loan officers. According to the MBA , mortgage applications decreased 9% across the board for the week ending January 27 compared to the week prior. Meanwhile, applications for refinancings fell by 7%.

Fixed-rate mortgage 383

Fixed-rate mortgage Mortgages Marketing Loan Officer 383

Housing Wire

JULY 19, 2023

Go Mortgage sued its former director of capital markets for “corporate sabotage,” alleging computer fraud, violation of trade secrets, breach of contract and tortious interference with a business relationship. Chikonde worked at Optimal Blue for five years before joining Go Mortgage, according to her LinkedIn profile.)

Mortgages 370

Mortgages Marketing Lending Construction 370

Housing Wire

APRIL 17, 2024

One planner solicited for input thinks that a reverse mortgage could be a worthy consideration, among other options, according to a new blog. “I I used to dislike reverse mortgages. A 2023 study published by Mutual of Omaha Mortgage suggested that misunderstandings about reverse mortgages remain rampant.

Mortgages 427

Mortgages Equity Loans As-is 427

Housing Wire

APRIL 17, 2024

Market Intelligence Market Intelligence is a robust data visualization tool that combines the power of CoreLogic’s data assets with clear and actionable insights that give you a better understanding of the mortgage industry, allowing you to adapt to industry trends, improve LO recruitment and foster deeper relationships within the industry.

Marketing 416

Marketing Industrial Mortgages 416

Housing Wire

JULY 7, 2022

With a rapid spike in interest rates, inventory at historic lows, home prices rising at unprecedented levels above income, and a purchase market that is both highly anxious and digitally reliant, mortgage and real estate professionals must be strategic to capture the market opportunity today. Inventory rising, historically low.

Mortgages 395

Mortgages Marketing Investor Loan Officer 395