Housing Wire

DECEMBER 7, 2022

Now, with five weeks of data in front of us, we can say they have stabilized the market. Since the summer of 2020, I have believed the housing market could change in terms of cooling down, but it would require the 10-year yield to break over 1.94%. Since 2013 I have said that mortgage rates over 5.875% would be problematic to housing.

Housing Market 540

Housing Market Mortgage Marketing Inventory 540

Housing Wire

APRIL 15, 2022

We’ve all been wondering what 5% plus mortgage rates would do to the hot housing market, and now we’ve got that and a bag of chips. As a result, I’ve been rooting for mortgage rates to rise to create a balancing impact on this housing market. The last time this data line was fragile was back in 2013-2014.

Housing Market 492

Housing Market Marketing Mortgage Inventory 492

Housing Wire

APRIL 21, 2022

Institutional real estate investors — often mammoth operators with ties to Wall Street — gobbled up record amounts of inventory in almost every corner of the pandemic-induced fever dream that was the 2021 housing market, with one notable exception: distressed properties sold at foreclosure auction. The bulk buyer purchases accounted for 8.4%

Investors 386

Investors Renovations Marketing Retail 386

Housing Wire

JULY 10, 2022

Just how bad was the mortgage market in June , when rates climbed north of 6%? June’s data represents how interest rate-dependent the originations market has become, said Scott Happ, president of Optimal Blue, a division of Black Knight. Black Knight’s monthly market monitor reports provide origination metrics for the U.S.

Mortgage 336

Mortgage Marketing Home Value Government 336

Housing Wire

JUNE 21, 2022

Since March of this year, housing demand has been falling more and more, but inventory is still below the 2010, 2013, 2016, and 2019 levels, which is a nightmare. I have stressed that housing doesn’t move like the stock market. Additional bad news from the report is the data for days on the market. Unsold inventory sits at a 2.6-month

Housing Market 539

Housing Market Marketing Inventory Mortgage 539

Housing Wire

MARCH 20, 2023

Department of Housing and Urban Development ( HUD ) announced on Friday that it rescinded a 2020 Trump-era rule governing Fair Housing Act disparate impact claims and has restored a 2013 Obama-era “Discriminatory Effects” rule that takes aim at discriminatory practices from the housing market.

Legal 322

Legal Government Realtors Development 322

Housing Wire

JANUARY 30, 2024

Atlanta-based nonqualified mortgage (non-QM) lender Angel Oak Mortgage Solutions is tapping into the home equity line of credit (HELOC) market amid elevated equity levels. billion in non-QM loans since the company’s inception in 2013, according to its release. Angel Oak has originated $9.4

Mortgage 409

Mortgage Investing Marketing 409

Housing Wire

DECEMBER 10, 2023

market share at the peak level in this data line, which goes back to the start of the century. The overall market share of investors has grown since 2000 and is currently around 30%, as seen in the chart below, but the vast majority are small mom and pop investors. of market share in Q2. since 2000.

Investors 521

Investors Inventory Buyers Real Estate 521

Housing Wire

NOVEMBER 21, 2023

On HousingWire branding calls earlier this year, someone asked us what our tagline, “Moving Markets Forward,” means to me. At its core, it means providing you with what you need to win the market. 2020 and the start of the COVID-19 pandemic brought a housing market and nation under crisis that we’ve never seen before.

Housing Market 342

Housing Market Marketing Real Estate Mortgage 342

Housing Wire

APRIL 1, 2024

Meanwhile, homeowners who bought in January 2000, January 2006 and January 2013 have received boosts of $414,000, $338,000, and $343,000, respectively. Overall, U.S. homeowners held $31.8 trillion in home equity at the end of 2023, up from $15 trillion in 2006, the previous peak of the housing cycle.

Investing 390

Investing Buyers Mortgage Housing Market 390

Housing Wire

NOVEMBER 2, 2020

I’m talking about housing market crash headlines. These dramatic peaks and valleys in the data have fed the demons of greed and fear that infest the minds our extreme housing bulls and the fierce housing market bears – leading to equally wild speculations about the future of U.S. The housing data has been wild this year.

Housing Market 545

Housing Market Marketing Inventory Design 545

Housing Wire

OCTOBER 23, 2020

In the third quarter, luxury home sales jumped 41.5% , the biggest year-over-year shift since 2013, according to Redfin. And while real estate agents repping luxury homes aren’t seeing as many bidding wars as they did this summer , their respective housing markets are still crazy right now. Very, very unique.”.

Housing Market 534

Housing Market Marketing Real Estate Agent Real Estate 534

Housing Wire

DECEMBER 14, 2022

Prior to this role, Ralston served as the senior vice president of mortgage banking at NexBank since 2013. In November, NexBank appointed Scott Studenko as its market president of Dallas-Fort Worth. Ralston is also the president of NexBank Title, Inc. where he helped start the company’s title services business.

Lending 353

Lending Business Mortgage Finance 353

Housing Wire

MARCH 23, 2021

would give the brokerage a “fully diluted market value of $12.5 Reuters and other outlets Tuesday morning pegged Compass’s hoped-for market value at $10 billion. Realogy has more than double Compass’s market share (and endured its own $356 million loss in 2020) but traded at $15.09 billion market cap.

Valuation 298

Valuation Marketing Brokerage Market Value 298

Housing Wire

AUGUST 2, 2022

HouseCanary is a San Francisco-based real estate technology firm founded in 2013 that provides institutional investors, lenders and other clients with residential real estate analysis, valuation services and software. The post Single-family rental market shows little sign of cooling appeared first on HousingWire.

Marketing 379

Marketing Real Estate Landlords Investors 379

Housing Wire

FEBRUARY 4, 2021

Although this issuance is much smaller than the typical balance from Deephaven (about $400 million per MBS in 2019 and beginning of 2020), this officially marks its return to the market. Last spring, Deephaven, one of the first lenders in the non-QM market, announced it was laying off all workers and closing all operations. in Q3 2020.

Mortgage 300

Mortgage Marketing Lending Government 300

Housing Wire

SEPTEMBER 17, 2021

This exact scenario occurred in 2013 during what was known as the taper tantrum. On the flip side, events unrelated to the Fed’s activities can also have a tremendous impact on the market. The craving for market stability — and the willingness to believe that a change like ZIRP will deliver it — is understandable but misguided.

Marketing 366

Marketing Mortgage Investing Business 366

Housing Wire

MARCH 11, 2024

While some vendors are squeezing lenders on pricing during market hardship, Floify is committed to being a supportive partner by being flexible on pricing without compromising access to product features or quality,” Sofia Rossato, Floify president and general manager, said in a statement.

Mortgage 361

Mortgage Loan Officers Real Estate Agent Design 361

Housing Wire

MAY 29, 2024

Details of the latest membership count comes as the trade group works to implement a series of major rule changes stipulated by the Sitzer/Burnett commission lawsuit settlement agreement, as well as fewer market opportunities for members due to historically low levels of existing-home sales inventory. Membership dipped just below 1.5

Realtors 301

Realtors Agents Inventory Modernization 301

Housing Wire

SEPTEMBER 11, 2023

By 2013, the software was used to price 8 million residential units, attorneys for the plaintiffs argued. Defendants who agree to use RENTmaximizer understand that its purpose is to foil the operation of the competitive market.” Yardi marketed its tools to rental companies as a method to “beat the market” and maximize profits.

Landlords 387

Landlords Property Management Advertising Law 387

Housing Wire

MARCH 1, 2023

Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period. to 4.75% range, up from 0.25% a year ago.

Marketing 351

Marketing Investing Mortgage Investors 351

Housing Wire

FEBRUARY 29, 2024

Bureau of Labor Statistics from 2013 to 2023. Fewer homes under construction and falling permits mean dwindling options for future buyers, adding more pressure to a market already strained by tight supply,” Point2 said. Theoretically, new construction should be bolstered by the acute shortage of housing on the market,” Point2 said.

Inventory 383

Inventory Supply Chain Construction Buyers 383

Housing Wire

APRIL 10, 2024

The [MOU] establishes substantive information sharing protocols between state financial regulators and FHFA, improving the ability to coordinate on market developments, identify and mitigate risks, and ultimately, further protect consumers, taxpayers, and the nation’s housing finance system,” a joint announcement from CSBS and FHFA said.

Mortgage 305

Mortgage Finance Development Government 305

Cleveland Appraisal Blog

JANUARY 5, 2023

We all needed some rest from the crazy housing market we’ve experienced in recent years. Like most markets across the country, the Cleveland area housing market has been red hot for the past few years. However, the markets have hit an abrupt slow down, or might I say, cool down, kind of like this ice skater experienced.

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Housing Wire

MARCH 30, 2021

The Housing Policy Council sent a letter to the Consumer Financial Protection Bureau on Tuesday expressing its opposition to delaying the implementation of the Final QM Rule and expiration of the 2013 QM Rule, set to take effect on July 1, 2021. 1, 2022 and opened up a comment period.

Mortgage 379

Mortgage Insurance Lending Marketing 379

Housing Wire

AUGUST 10, 2023

RE/MAX was probably the most radical low-cost ‘disruptor’ this market has ever seen. Flat-fee firms climbing up the brokerage rankings Interestingly, in 2013 only five of the top 100 firms in the nation, according to the RealTrends 500 rankings , were flat-fee firms. Scott Wright is a partner with RTC Consulting.

Brokerage 328

Brokerage Real Estate Realty Advertising 328

Housing Wire

SEPTEMBER 12, 2023

Mortgage credit availability increased slightly in August but remained close to the very low levels last seen in January 2013, according a report from the Mortgage Bankers Association. However, the jumbo index , increased after three monthly declines, indicating that the current context provided lenders with some new opportunities, said Kan.

Mortgage 348

Mortgage Government Lending Marketing 348

Housing Wire

SEPTEMBER 16, 2022

Another single-family rental (SFR) securitization deal sponsored by a large institutional player, Progress Residential , is slated to hit the private-label market this month, bringing the total securitization-deal count for Progress to seven so far this year. The securitization, IH 2013-SFR1, was collateralized by a single $479.1

Landlords 374

Landlords Marketing Development Investing 374

Housing Wire

NOVEMBER 28, 2023

The CFPB claims that the bank identified the practice as early as 2013 but “turned a blind eye for years.” billion over allegations of illegally charging junk fees, withholding credit card rewards, opening fake accounts and deceptive credit card marketing practices, among others.

Law 407

Law Mortgage Loan Officers Lending 407

Housing Wire

MAY 8, 2024

This is what happened post 2010: The millennials started to buy homes in 2013 and they finance 90% of those homes. On top of more legitimate buyers, we fixed the credit markets, meaning housing credit looks fantastic. So inventory slowly broke lower and lower as we came into the years 2020-2024.

Inventory 416

Inventory Law New Listings Sellers 416

Housing Wire

NOVEMBER 15, 2022

This caused it to reach its lowest level since March 2013, according to the MBA. With interest rates at a 20-year high, the refinance market is approaching its bottom, according to Black Knight’s latest origination market report. . The mortgage credit availability index (MCAI) fell by 0.5% compared to October 2021. .

Lending 421

Lending Government Mortgage Housing Market 421

Housing Wire

JUNE 13, 2023

“Mortgage credit availability decreased for the third consecutive month, as the industry continued to see more consolidation and reduced capacity as a result of the tougher market,” Joel Kan, MBA’s associate vice president of economic and industry forecasting, said in a statement.

Mortgage 337

Mortgage Government Lending Contracts 337

Housing Wire

OCTOBER 19, 2023

CoStar Group , the parent company of real estate data giant CoStar , has made an offer to acquire OnThe Market , the third most visited residential property portal in the United Kingdom. The announcement bolsters the claim that CoStar is “playing for keeps in the residential real estate market.” The company offered to acquire the U.K.

Real Estate 342

Real Estate Investing Agents Marketing 342

Housing Wire

MARCH 26, 2024

Hill, a former KW agent from 2002 to 2013, filed a similar complaint in the U.S. The tenets of the program are simple: Owners of individual Keller Williams market centers allocate roughly 50% of their monthly office profits to associates who play an instrumental role in attracting new talents to the company’s fold.

Brokerage 488

Brokerage Legal Agents Realty 488

Housing Wire

FEBRUARY 3, 2022

The Decision Tree That Is The MBS Market. This white paper will discuss the MBS market and how lenders can use big data to compare loan prepayment performance. Freddie Mac’s CRT program was founded with its issuance of the first STACR notes in July 2013. It was introduced in November 2013. Presented by: Refinitiv.

Insurance 334

Insurance Investors Government Mortgage 334

Housing Wire

DECEMBER 6, 2023

We’ve had a lot of requests for a buydown feature, and we hope it provides some relief to buyers during the current state of the housing market,” Zwick added. Founded in 2013, CBC Mortgage Agency’s Chenoa Fund program completed more than 40,000 mortgage transactions since its inception, according to its website.

Mortgage 330

Mortgage Sellers Finance Housing Market 330

Housing Wire

NOVEMBER 8, 2022

Shankar, who has more than 30 years of experience managing finance, capital markets, portfolios, and mortgage trading operations, will report to Freddie Mac President Mike Hutchins. Shankar is returning to Freddie Mac after a 2013-2019 stint with the government-sponsored enterprise (GSE). The GSEs have set aside $4.3

Home Value 329

Home Value Government Finance Technology 329