Housing Wire

SEPTEMBER 25, 2023

Five days remain in the currently authorized National Flood Insurance Program (NFIP). If it is not reauthorized by Congress before that date, the mortgage industry could see consequences, including ceding control of certain land use policies and the cessation of some mortgage lending. The borrowing authority of NFIP from the U.S.

Insurance 431

Insurance Lending Mortgage Government 431

Housing Wire

OCTOBER 16, 2023

Up from 45% last year and a notable increase from 37% in 2021, the report also mentioned that this share of first-time homebuyers likely hasn’t been this high since 2010, when there was a first-time homebuyer tax credit. For example, if you were to buy a home priced at $500,000 with a 5% down payment, you would need $25,000 upfront.

Agents 396

Agents Buyers Sellers Inventory 396

Housing Wire

JULY 20, 2023

agencies decided to review banks’ capital framework in response to the financial crisis, consistent with the standards issued by the Basel Committee on Banking Supervision in 2010 (Basel III). Mills particularly worries about the impacts on the MSR market and warehouse lending. To understand the context, U.S.

Mortgage 340

Mortgage Marketing Lending Finance 340

Listing Spark

DECEMBER 15, 2022

Brandon Smith, who has over 13 years of investing and lending experience, specializes in owner financing and has developed a successful system for sourcing deals and minimizing risk. Where can you find good sources of lending. It usually involves wrapping the existing mortgage and obtaining title insurance from a title company.

Finance 36

Finance Investing Real Estate Lending 36

Housing Wire

DECEMBER 20, 2021

The recent experience with state distribution of rental assistance and unemployment insurance is perhaps a preview of the challenges ahead. States, overwhelmed with claims and understaffed, also had problems paying unemployment insurance. In 2010, the Treasury launched the Hardest Hit Fund (HHF) program. Up to the task?

Mortgage 343

Mortgage Government Contracts Insurance 343

Housing Wire

OCTOBER 9, 2023

AI-generated image of two lawyers scrutinizing title insurance joint venture agreements. Campbell is now something of a JV guru, having completed over 80 joint ventures with real estate or lending firms. Arizona in particular has been scrutinizing joint ventures between title insurers and real estate brokerages. “We

Real Estate 431

Real Estate Insurance Brokerage Real Estate Agent 431

Miller Samuel

FEBRUARY 12, 2019

(Fannie Mae and Freddie Mac are Government sponsored enterprises that purchase mortgages from banks and mortgage companies in an effort to create liquidity so that lenders have the capacity to lend to more homebuyers). I think (Fannie and Freddie) are emboldened to take more risk.”.

Marketing 221

Marketing Real Estate Appraisal Sellers 221

Simonson Real Estate

JANUARY 23, 2020

Life insurance companies use $/SF as one of the valuation loan metrics for medical office. 2010 – 2019: 40,000+ units delivered (market/affordable). 2010 – 2019: 31,000 affordable unit deficit. 2010 – 2019: 40% rent growth. This can make them pause on medical office buildings. New Supply. Rent Growth.

Real Estate 78

Real Estate Tenants Retail Valuation 78

Housing Wire

OCTOBER 7, 2020

Patrick Stone was looking both ways when he took steps to launch Williston Fina ncial Group (WFG) in January 2010. “The market remains underserved in the sense that the mortgage lending market has changed so quickly that everyone is still trying to keep up,” Stone said.

Insurance 370

Insurance Real Estate Technology Loan Officers 370

Housing Wire

AUGUST 18, 2022

Ginnie Mae, a government corporation under the auspices of the Department of Housing and Urban Development , guarantees securities backed by pools of mortgages insured by FHA, as well as the Department of Veterans Affairs and the Department of Agriculture. Those securities are backed by the full faith and credit of the U.S. government.

Government 394

Government Mortgage Business Valuation 394

Housing Wire

APRIL 19, 2022

The Office of the Comptroller of the Currency (OCC), the Federal Reserve System , and the Federal Deposit Insurance Corporation (FDIC) oversee and regulate the activities of banks. HMDA, Fair Lending etc.,” I think that the depositories are not as picky in making sure they are hiring LOs with mortgage lending experience.

Training 357

Training Loan Officers Lending Mortgage 357

Will Springer Realtor

DECEMBER 19, 2023

Prospective buyers and sellers watched this one out from the sidelines, leading to King County sales activity hitting lows not seen since 2010 at the heart of the housing crises. home sales – 3.79M on an annual basis through October – is at a low not seen since August 2010. Um, bye-bye! It’s going to stop getting worse.”

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Will Springer Realtor

OCTOBER 11, 2022

While investors of mortgaged securities help dictate their interest rates, the Federal Reserve is behind the scenes influencing the overall lending environment. Waller went on to say this adjustment is in no way like the horrific housing/financial crises of 2007-2010. That’s the first time a Fed official has acknowledged the U.S.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Housing Wire

DECEMBER 7, 2020

While there is some overlap with state agency data, FHA mortgage lending has become increasingly reliant on DPA as well. The typical agency financed nearly 3,000 loans that averaged about $7,200 in DPA, amounting to about 4.5% of the average home price. Standards like these can be established using best practices applied by current providers.

Law 483

Law Government Finance Mortgage 483

Patch of Land

OCTOBER 5, 2018

Congress has opportunities to address some of the challenges financial technology firms face in the lending sector. The pace of financial technology innovation in the alternative lending space is nothing short of phenomenal, but it has meant headaches for lenders and vendors waiting for regulation to play catch-up.

Lending 35

Lending Law Technology Investors 35

Housing Wire

JULY 28, 2021

Countrywide led the market in adverse selection and poor lending practices. From subprime, to deeply discounted pay option arms, from no doc lending, the “Fast and Easy” loan, interest only loans, and more, Countrywide failed from originating terrible credit quality loans that could not sustain when the market failed.

Insurance 404

Insurance Lending Mortgage Investors 404