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Reverse mortgage volume, securities issuance fall in February

Housing Wire

” HMBS issuance will have a fairly long road to recover to 2023 levels, which were already severely reduced from the record-setting issuance of 2022 brought about by elevated HECM-to-HECM refinance activity during the COVID-19 pandemic. .” Home Equity Conversion Mortgage (HECM) endorsements fell 11.8% That was down 3.6%

Mortgages 432
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The title industry’s latest cat-and-mouse game: seller impersonation fraud

Housing Wire

In January, a report from wire fraud prevention firm CertifID in conjunction with the U.S. The threat posed by wire fraud has commanded quite a bit of attention from the real estate ecosystem. But as the housing industry has gotten better at tackling it, fraudsters have been hard at work developing more creative scams.

Title 382
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How Triple Net Owners Are Handling Carbon Accounting

Enertiv

The SEC is finalizing carbon disclosure rules that will likely require auditable reporting on tenant-controlled emissions. The trend is clear: industrial owners need to gain access to utility data that is currently paid for (and thus controlled) by tenants. Some have pursued more informal requests.

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Non-QM lenders are racing to stay ahead of rates

Housing Wire

In time, he said, they may well end up being “more of a trend than outliers.”. The leaked message included a list of 16 non-QM lenders that would be affected by the changes, according to published reports. Sprout Mortgage imploded in early July, leaving its employees out in the cold. It has since been sued by its former employees.

Lending 382
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The jumbo market is up for grabs (Part II)

Housing Wire

In Part II of our two-part series, HousingWire crunched the numbers to reveal which lenders have pulled back or exited the jumbo market, and which nonbank lenders and Wall Street firms are moving into the jumbo space. 1 when it came to jumbo originations in 2022, with $28.7 billion in 2022. Who’s at the top? PNC Bank ($7.9

Banks 370
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Historical Home Sales Data in the United States

Marco Santarelli

Historical Home Sales The market for existing home sales in the United States has witnessed significant fluctuations and trends over the years. Let's delve into the data and trends regarding existing home sales in the U.S. Recent Trends In 2022, the U.S. Recent Trends In 2022, the U.S. Sales fell by 2.2%

Sales 98
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Lawler on Existing Home Sales, Population Projections and Household Slowdown

Calculated Risk Real Estate

Yesterday the National Association of Realtors reported that it estimated that US existing home sales ran at a seasonally adjusted annual rate of 3.79 In a report earlier this week I highlighted the how the projected components of population change (births, deaths, and net international migration) differed in the two forecasts.

Sales 59