Housing Wire

MAY 4, 2022

“This change had been telegraphed clearly in recent speeches,” said Mike Fratantoni, chief economist for the Mortgage Bankers Association. “Mortgage rates are an incredibly important channel through which Fed policy affects the real economy. . .” Experts say Wednesday’s move wasn’t a surprise.

Supply Chain 397

Supply Chain Mortgage Tools Loan Officers 397

Housing Wire

MAY 23, 2022

While the amount of equity Americans own in their homes has risen dramatically in aggregate, Americans still have between $15 trillion and $18 trillion in mortgage debt. Supply innovation is a complex issue. Yes, the U.S. Government policy innovation is similarly fraught though offers a great deal of potential.

Government 340

Government Supply Chain Finance Development 340

Housing Wire

MAY 2, 2021

From independent professionals to mortgage companies, banks and GSEs, the QVM Insights solution applies to vast swaths of the residential real estate footprint,” Quantarium CEO Clement Ifrim said. QVM Insights is an easy-to-use, accurate and technology-driven way to manage the appraisal piece of the “supply chain.”

Valuation 200

Valuation Technology Supply Chain Inspection 200

Housing Wire

NOVEMBER 29, 2021

The supply-chain bottleneck afflicting the global economy has its own counterpart in the world of residential mortgage-backed securities, also referred to as RMBS. They are in high demand for each stage of the mortgage process, yet they are in seriously short supply in a still-booming mortgage market.

Loan Officers 428

Loan Officers Supply Chain Mortgage Marketing 428

Housing Wire

FEBRUARY 15, 2023

The NAHB attributes the increase to the slight easing of mortgage rates , which the trade organization feels is a signal that the housings market might be turning, despite builders still dealing with high construction costs and supply chain issues. Builders are continuing to offer a variety of incentives.

Mortgage 388

Mortgage Supply Chain Housing Market Construction 388

Housing Wire

MARCH 23, 2022

Department of Housing and Urban Development and the U.S. This transaction volume is taking place against a backdrop of continuous supply chain and labor disruptions.”. months supply. Experts say that continued supply chain issues , labor shortages , rising material costs and rising interest rates are to blame. “As

Supply Chain 365

Supply Chain Housing Market Buyers Construction 365

Will Springer Realtor

JULY 12, 2023

Many of them hold mortgages from commercial/office landlords who are struggling through low occupancy rates in urban zones (see story above). Developers are also facing the constraints of local government and their constituents. Banks are concerned about what may lie ahead. fourth-floor home for $1.72M ($1387/sq.

Supply Chain 28

Supply Chain Construction Law Development 28

Housing Wire

JUNE 19, 2023

For the first time in nearly a year, homebuilder confidence moved into positive territory thanks to strong consumer demand , limited competition from the existing home sales market , and an improving supply chain.

Supply Chain 449

Supply Chain Development Inventory Buyers 449

Housing Wire

JUNE 19, 2023

For the first time in nearly a year, homebuilder confidence moved into positive territory thanks to strong consumer demand , limited competition from the existing home sales market , and an improving supply chain.

Supply Chain 369

Supply Chain Development Inventory Buyers 369

Housing Wire

DECEMBER 20, 2022

After record sales in 2021, demand for new construction waned throughout 2022 as the Federal Reserve raised interest rates cutting into home buyer’s purchase power and making financing new development projects even more costly for builders. What are you expecting to see next year in terms of supply chain issues?

Supply Chain 367

Supply Chain Construction Inventory Finance 367

Quicken Loans

MAY 5, 2022

What you might find interesting is that mortgage pricing has actually gotten better in the aftermath of the announcement. In addition, COVID-related lockdowns in China are likely to exacerbate supply chain disruptions. Between the ongoing oil and Chinese supply concerns, these create further inflation risks.

Supply Chain 49

Supply Chain Investing Investors Mortgage 49

Housing Wire

MAY 19, 2022

Skyrocketing mortgage rates and a slowdown in new home constructions led to a drop in home purchases in April. Mortgage applications for new home purchases dropped 10.6% in April from the same period last year, according to the Mortgage Bankers Association builder application survey. Department of Housing and Urban Development.

Supply Chain 430

Supply Chain Construction Mortgage Development 430

Housing Wire

NOVEMBER 17, 2023

Department of Housing and Urban Development and U.S. Builder confidence declined again on Thursday for the fourth consecutive month as elevated mortgage rates have dampened homebuyer demand. The Northeast did not perform as well as weather, supply chain issues, and difficulties getting permits hampered construction.

Supply Chain 366

Supply Chain Construction Finance Development 366

Housing Wire

FEBRUARY 18, 2022

Mortgage applications for new homes stalled in January, dipping by 12.5% year-over-year, according to a Mortgage Bankers Association ’s survey published this week. Department of Housing and Urban Development and the U.S. The trade group noted that the survey results showed the slowest annual pace since July 2021.

Supply Chain 400

Supply Chain Development Mortgage Marketing 400

Housing Wire

JANUARY 4, 2024

What drew you into the mortgage industry? GB: The whole mortgage tech ecosystem was very different 14 years ago when the company was founded, so there was, understandably, a heavy bias towards build. SW: Is 14 years a long time when it comes to mortgage tech? Sarah Wheeler: You joined loanDepot in 2021 from Capital One.

Technology 315

Technology Loan Officers Modernization Development 315

Quicken Loans

JULY 29, 2021

However, they made some statements about their mortgage-backed securities (MBS) purchases that could affect mortgage rates. Last December, the Committee indicated that it would continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage?backed My analysis is in bold.

Supply Chain 60

Supply Chain Buyers Tools Mortgage 60

Housing Wire

MARCH 15, 2023

Despite the volatile mortgage rate environment and overall economic uncertainty, homebuilder confidence slowly continues to rise, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report, released Wednesday. The existing home sales market is significantly bigger than new homes.)

Supply Chain 352

Supply Chain Inventory Loan Conditions Construction 352

Housing Wire

JULY 25, 2022

The Fannie Mae report projects “strong deceleration in home-price growth going forward” due to higher mortgage rates and the overall slowing economy affecting purchase demand. Overall, annual mortgage origination levels are expected to be $2.8 By comparison, home-price growth was 17.8% in 2021, Freddie Mac reports. The Beige Book.

Housing Market 397

Housing Market Marketing Supply Chain Real Estate 397

Housing Wire

FEBRUARY 13, 2024

Walker said the prospect of lower mortgage rates is prompting many agents to feel more positive about the 2024 housing market. In Birmingham, ERA King Real Estate agent Anna-Maria Ellison said that even without lower mortgage rates, she is seeing buyers return to the market. “It

Construction 371

Construction Supply Chain Inventory Agents 371

Housing Wire

DECEMBER 5, 2022

I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. In fact, it was the skills I developed selling loans that helped develop my ability to influence policy leaders and others in industry during my time as Federal Housing Commissioner and as CEO of the Mortgage Bankers Association.

Housing Market 517

Housing Market Marketing Supply Chain Mortgage 517

Housing Wire

NOVEMBER 10, 2022

With mortgage rates hovering around 7% and home prices still at record highs, buyers across America are calling off the house hunt and finding multifamily apartments. . Some of his would-be buyers are renting apartments until mortgage rates markedly improve. Department of Housing and Urban Development. It could be a while.

Construction 426

Construction Supply Chain Buyers Development 426

Eyes on Housing

AUGUST 23, 2022

New home sales in July fell to their lowest level since January 2016 as the industry grapples with supply chain disruptions that are delaying new home building projects and raising housing costs as mortgage interest rates increased. Department of Housing and Urban Development and the U.S.

Supply Chain 174

Supply Chain Development Mortgage Construction 174

Housing Wire

FEBRUARY 16, 2023

With economic uncertainty and supply chain issues plaguing the industry, homebuilders pulled back last month. Department of Housing and Urban Development (HUD). With mortgage rates back up in February, it’s likely that this momentum will be short lived.” Census Bureau and the U.S. Housing starts were down 21.4%

Supply Chain 334

Supply Chain Construction Inventory Development 334

Housing Wire

MAY 18, 2021

million — proof that builders are delaying housing starts due to the marked increase in costs for lumber and other materials, said Mike Fratantoni, Mortgage Bankers Association ‘s chief economist. Housing completions were at a rate of 1.045 million in April, just 0.1% above the March rate of 1.04

Supply Chain 544

Supply Chain Construction Government Inventory 544

Housing Wire

AUGUST 31, 2020

Even before integration begins, DocMagic partners with its customers to develop a strategic implementation plan. DocMagic employs a consultative approach to reduce any issues associated with user adoption and to provide invaluable digital mortgage experience to clients to shape their go-to-market strategy.

Supply Chain 200

Supply Chain Technology Clients Development 200

Housing Wire

AUGUST 31, 2022

In 2019, they teamed up to make a $450 million equity commitment to develop 2,000 new “build-for-rent” homes. Tricon notes in announcing the latest joint venture with ASRC that it “has already invested $1 billion in developing new, high-quality rental housing and has a pipeline of over 7,000 new homes currently under development.”.

Marketing 376

Marketing Construction Supply Chain Development 376

Housing Wire

DECEMBER 29, 2023

And with the ability to buy down consumers’ mortgage rates while still maintaining double-digit margins, new construction grew to comprise roughly 30% of total housing inventory in 2023, more than double a normal year. For more than a decade, housing has suffered a structural shortage of homes rooted in supply-side issues.

Construction 442

Construction Supply Chain Inventory Housing Market 442

Housing Wire

MAY 8, 2023

Department of Housing and Urban Development ( HUD ) , that 200,000 represented close to 20% of all single-family homes supplied to the market in 2019. More Affordable than New Homes Not surprisingly, housing supplied by new homebuilders is higher priced than housing supplied by distressed property renovators.

Inventory 386

Inventory Renovations Supply Chain Buyers 386

Housing Wire

AUGUST 29, 2022

Closing the housing supply gap will not happen overnight because it has taken some time to get where we are today. Pandemic-related supply chain snags have impacted the prices of key construction inputs like lumber, steel, and copper.

Construction 398

Construction Supply Chain Finance Legal 398

Housing Wire

APRIL 22, 2022

The mortgage market is facing a crisis today, and it’s being fueled by fast-rising interest rates. The mortgage industry, really the entire economy, is coping with fast-rising inflation further aggravated by jammed-up supply chains, the escalating war in Ukraine, and the related, expanding sanctions that are whipsawing the global economy.

Lending 381

Lending Mortgage Investors Marketing 381

Housing Wire

SEPTEMBER 30, 2021

Our hands-on approach to implementation, from developing the project roadmap to synchronized testing of each facet of the eClosing process, helps us ensure success for our clients,” DocMagic President and CEO Dominic Iannitti said. By 1988, it was incorporated and had employees, functional technology and customers. Digital adoption made easy.

Technology 288

Technology Clients Supply Chain Design 288

Housing Wire

APRIL 21, 2022

Last May, Sam Khater, chief economist for Freddie Mac , the government-sponsored enterprise and mortgage purchaser, issued a report with the grim conclusion: “Inventory of both new and existing homes for sale is currently at a historical low.”. “Homebuilders are at a crossroads,” McCoy said. They’re stressed on so many fronts right now.”.

Construction 394

Construction Supply Chain Investors Business 394

Housing Wire

APRIL 20, 2022

But with rising mortgage rates, still-rising home prices, and record-low levels of inventory, this might be easier said than done. The agents who spoke with RealTrends all viewed any time spent developing leads and cultivating relationships that will help them grow their client base as productive. In 2021, 6.12

Real Estate Agent 389

Real Estate Agent Real Estate Agents Brokerage 389

Quicken Loans

JUNE 16, 2022

What does all this mean for those in the market for a mortgage? Mortgage rates have gone up quite a bit over the past month. Either way, Rocket Mortgage ® can help you go over your options to get approved. In addition, COVID-related lockdowns in China are likely to exacerbate supply chain disruptions.

Supply Chain 36

Supply Chain Mortgage Marketing Investors 36

The Robert Weiler Company

SEPTEMBER 7, 2022

Our land brokers anticipate steady demand from land buyers, other CRE investors, land developers, and tenants in Ohio, Central Ohio, and Columbus, Ohio. Low mortgage rates have steadied, welcoming batches of new buyers eager to own a home in the market. New development projects also remain strong. Commercial Real Estate Sales.

Marketing 78

Marketing Real Estate Investing Retail 78

Will Springer Realtor

JULY 13, 2023

Local government, developers, architects and others will need to step up and take responsibility for the sake of our city. The brighter news is that labor shortages and supply-chain disruptions are improving but it’s hardly “back to normal.” We’ll have new incentives, and quite frankly, this will inform our budget,” he said.

Construction 36

Construction Supply Chain Real Estate Development 36

Housing Wire

MAY 16, 2022

One measure would expand existing federal subsidies for multifamily housing development. Another would hand out federal tax credits for developing or rehabbing homes for owner-occupants instead of large investors, making available 125,000 homes for low- and middle-income homebuyers.

Supply Chain 358

Supply Chain Finance Development Renovations 358