Housing Wire

MARCH 15, 2024

This is according to the Reverse Mortgage Market Index (RMMI), a measure of senior-held home equity from the National Reverse Mortgage Lenders Association (NRMLA) and data analytics firm RiskSpan. Senior home values fell from $15.28 The RMMI fell to 449.02 in Q4, a slight decline from the Q3 level of 453.19.

Home Value 385

Home Value Finance Mortgage Marketing 385

Housing Wire

NOVEMBER 24, 2020

The Federal Housing Finance Agency announced new conforming loan limits for Fannie Mae and Freddie Mac for 2021: $548,250. For high-cost areas, where 115% of the local median home value exceeds the baseline CLL, the maximum loan limit will be higher than the baseline loan limit. This is a 7.5%

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Home Value Finance Mortgage 546

Housing Wire

NOVEMBER 28, 2023

compared to the current limit of $726,200 , the Federal Housing Finance Agency (FHFA) announced Tuesday. Conforming loan limits are increasing at a slower pace, mirroring home prices, overall. The conforming loan limit increase will help buyers more easily finance one-unit homes at the higher end of the price scale.

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Finance Government Law Mortgage 531

Housing Wire

NOVEMBER 30, 2021

The Federal Housing Finance Agency (FHFA) today announced the baseline conforming loan limit for 2022 will be $647,200, an increase of 18%. Median home values exploded across dozens of housing markets across the country in 2021. Some parts of the housing finance industry have questioned how the conforming loan limits are set.

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Government Mortgage Home Value Finance 533

Housing Wire

OCTOBER 8, 2021

District Court of California’s Central District, the CFPB alleged that Irvine, California-based American Advisors Group (AAG) sent borrowers deceptive and inflated home estimates in direct mailers to convince consumers to take out a reverse mortgage. How increased regulation presents a huge opportunity for lenders.

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Advertising Home Value Lending Valuation 393

Housing Wire

DECEMBER 26, 2023

house prices increased year over year in October, according to the Federal Housing Finance Agency (FHFA) House Price Index. In fact, home prices climbed 6.3% The FHFA House Price Index measures changes in single-family home values from all 50 states and over 400 American cities, offering insights about home price changes.

Home Value 441

Home Value Finance Housing Market Real Estate 441

Housing Wire

JANUARY 29, 2024

Leading players At the top of the list once again is Finance of America Reverse (FAR), which took nearly 37% of total market share in HMBS issuance last year. Expect origination volume to increase if the 10-year treasury stays below 4% and home values remain stable,” McCully said. 1 position.

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Mortgage Finance Home Value Design 358

Housing Wire

NOVEMBER 7, 2023

single-family home was $3,901, up 3% compared to 2021, ATTOM reported. ATTOM’s figures are estimates based on an analysis of local tax data, home values and the use of an automated valuation model. High tax burdens can play a major factor in whether buyers get priced out of a potential home purchase,” Barber said.

Property Taxes 540

Property Taxes Home Value Government Buyers 540

Housing Wire

SEPTEMBER 22, 2022

“Unlock directly addresses consumers’ desire to improve their financial situations by accessing their largest asset, their home equity,” says Unlock CEO Jim Riccitelli. “As Securitizations backed by home-equity loans or shared-equity agreements, however, are still relatively rare to date.

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Marketing Contracts Finance Home Value 356

Housing Wire

MARCH 13, 2024

homes, valued at $19.7 “It’s important for people to fully understand the climate risks that a home faces not only in the present, but in the future, so they can make the most informed decision for one of the biggest purchases and investments they will make in their life.” homes, worth $13.6 ” U.S.

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Tools Insurance Home Value Technology 394

Appraisal Buzz

MARCH 28, 2024

home prices fell 0.1% in January compared with December, according to the Federal Housing Finance Agency’s (FHFA) seasonally adjusted monthly home price index , which uses home price data from government-sponsored enterprises Fannie Mae and Freddie Mac.

Home Value 195

Home Value Government Finance Appraisal 195

Appraisal Buzz

MAY 6, 2024

I recently attended the Going to Extremes conference in DC on April 18-19, which focused on how climate change is affecting the US housing and finance industries. And in some condominium markets in Florida, home values are taking a hit as insurance premiums skyrocket.

HOA 370

HOA Insurance Legal Fees Valuation 370

Eppraisal

SEPTEMBER 20, 2021

Those preparing to reap that return have reason to be glad these days -- home values averaged $676,000 nationwide in June of 2021. Certain realities should be considered when setting expectations for the long-term values of residences. This development results in a lowering of overall demand and forcing home values down.

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Home Value Sellers Investing Finance 36

Housing Wire

JANUARY 24, 2023

About a quarter of American homeowners are unable to access the equity in their homes because of strict lending standards, and EasyKnock said the partnership will “improve housing stability for our mutual customers, providing them liquidity, flexibility and control in their finances.” The lender originated $14.9

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Tenants Loan Officers Finance Clients 318

Housing Wire

APRIL 4, 2024

amid a combination of declining home values and rising tax bills,” according to an Attom news release. Nationally, the average home value dipped 1.7% The yearly growth rate for property taxes in 2023 was 6.9% but was nearly half that in 2022, standing at 3.6%.

Property Taxes 367

Property Taxes Home Value Real Estate Valuation 367

Housing Wire

APRIL 9, 2024

The time-tested resiliency of home values highlights home equity’s importance to American households and its significance for residential real estate investors alike. In today’s environment, homeowners are looking for new answers — and financing platforms — to solve that puzzle. on card accounts as of April 3, 2024.

Investors 351

Investors Investing Real Estate Finance 351

Housing Wire

DECEMBER 2, 2021

On Tuesday, the Federal Housing Finance Agency revealed the much-anticipated conforming loan limits for 2022, with the baseline number jumping by 18% to $647,200. According to the FHFA, single-family home prices in the third quarter jumped by 18.5% year-over-year across the nation. Meanwhile, for Alaska, Hawaii, Guam and the U.S.

Home Value 372

Home Value Finance Mortgage 372

Housing Wire

FEBRUARY 20, 2024

“While significant disparities exist, the median net worth of those 65 to 74 was $410,000 in 2022, up from $282,270 in 2010 in inflation-adjusted 2022 dollars,” according to the Federal Reserve’s Survey of Consumer Finances.

Home Value 415

Home Value Finance Investing 415

Housing Wire

NOVEMBER 8, 2022

The Federal Home Loan Mortgage Corporation ( FHLMC, or Freddie Mac ) has appointed mortgage and financial services veteran Ravi Shankar to serve as senior vice president and head of its single family portfolio and servicing division, the company announced on Tuesday. The GSEs have set aside $4.3

Home Value 329

Home Value Government Finance Technology 329

Housing Wire

MARCH 15, 2024

The typical home in the U.S. was worth $349,216 in February, according to the Zillow Home Value Index. Meanwhile, a house stayed on the market for 53 days on average, according to Zillow. Additionally, 1 in 5 listings on Zillow posted a price cut in February. That’s up 4.2% compared to February of 2023.

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New Listings Inventory Home Value Contracts 436

Housing Wire

FEBRUARY 9, 2021

Borrowers with mortgages backed by Fannie Mae and Freddie Mac may be eligible for an additional forbearance extension of up to three months, the Federal Housing Finance Agency announced Tuesday. According to the agency, eligibility for the extension is limited to borrowers who are on a COVID-19 forbearance plan as of Feb.

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Home Value Finance Government Mortgage 539

Housing Wire

MARCH 25, 2021

But there’s another type of loan, not too many people are familiar with that can make the home buying process much easier. Homebuyers use these temporary loans to finance their new home while waiting for their current home to sell. Here’s how to get an instant offer on your home. Haven’t heard of them?

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Buyers Finance Home Value Real Estate 542

Housing Wire

JUNE 1, 2023

I don’t think retail is great for anybody right now with rates high and home values high, but it’s a good time to be investing in retail,” Michael Dubeck, CEO and president of Planet Financial Group , parent of Planet Home Lending, said in an interview. We’re taking a long-run view that it’s going to pay off.

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Retail Mortgage Lending Renovations 391

Housing Wire

MAY 14, 2024

. “The FinLocker financial readiness app provides first-time homebuyers with a personalized path to achieve mortgage readiness and helps homeowners monitor and manage their credit and financial health while tracking their home value and equity. million in pre-seed funding in 2016.

Tools 360

Tools Technology Development Home Value 360

Appraisal Buzz

JULY 7, 2021

Today’s home values mean more refinancing, equity loan, and other options for homeowners, say researchers as they deep dive into mortgage-finance data. The post Home Prices Accelerate at Rate ‘Never Seen Before’ appeared first on theMReport.com.

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Home Value Finance Appraisal Mortgage 150

Housing Wire

MAY 25, 2023

With all of this in mind, why would baby boomers move into a new home, where their expenses would be exponentially higher due to higher mortgage rates , increased inflation and current economic concerns? Longbridge Financial, LLC, (NMLS #957935) believes that the answer to this dilemma is the HECM/Reverse for Purchase financing option.

Loan Officers 374

Loan Officers Real Estate Agent Real Estate Finance 374

Housing Wire

FEBRUARY 1, 2023

Black Knight Servicing Digital is a powerful, white-labeled solution that allows servicers to provide consumers with information about their home value and how to grow and leverage wealth from their property.

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Design Tools Modernization Home Value 332

Housing Wire

FEBRUARY 18, 2021

Not the kind of game that the rookie Game Stop investors are used to playing, but a real-life, action-packed, form of entertainment that toys with millions of Americans’ emotions and finances every day. However, even individuals that purchased homes in 2020 have seen an increase in home value after just one year of homeownership.

Real Estate 523

Real Estate Investing Marketing Home Value 523

Housing Wire

MARCH 29, 2023

Pending sales in the West – where home values are falling, but not enough to offset high costs of financing – declined 2.4% In-contract deals rose 0.7% in the South from January to February, but were still down 21.7% from February 2022. in February, a 28.4% drop from a year ago. The affordable U.S.

Contracts 282

Contracts Realtors Home Value Housing Market 282

Housing Wire

JANUARY 4, 2024

Expect origination volume to increase if the 10-year treasury stays below 4% and home values remain stable,” McCully said. Looking ahead If the rate environment is kinder than what had been seen for much of last year, there are signs of encouragement, McCully said. The increased maximum claim amount [i.e.

Mortgage 386

Mortgage Business Finance Home Value 386

Housing Wire

JUNE 1, 2021

Only homes in census tracts with poverty rates of at least 130% of the area poverty rate, median family income below 80% of area median income, and median home values lower than the area median value would be eligible for the credit. According to the White House, that would apply to about one in four census tracts.

Renovations 502

Renovations Development Investors Legal 502

Housing Wire

SEPTEMBER 12, 2022

The purchase lock count, which excludes the impact of soaring home values on volume, is down 30% from 2021 and off 16% from 2019, marking the second consecutive month the number of purchase locks fell below pre-pandemic levels.

Home Value 368

Home Value Finance Mortgage Marketing 368

Housing Wire

SEPTEMBER 7, 2022

As mortgage rates climb to the mid 6% range and home values continue to increase, the new conforming loan purchase limit will offer better pricing, require a smaller down payment for home purchases and easier documentation compared to a jumbo loan, Rocket said. .

Home Value 438

Home Value Mortgage Government Lending 438

Housing Wire

OCTOBER 9, 2023

The free app, which officially launches Tuesday, allows users to price out mortgages, personal loans and other finance products that Guaranteed Rate offers, but there’s a twist: users can also access financial, physical and mental health resources to help them “live their best lives.”

Loan Officers 413

Loan Officers Mortgage Technology Realtors 413

Housing Wire

OCTOBER 2, 2023

Each disruption caused “immediate and widespread” impacts on property sales, home values and consumer confidence, the National Association of Home Builders noted in a statement. The NFIP’s last multi-year reauthorization sunsetted on September 30, 2017.

Insurance 337

Insurance Government Home Value Realtors 337

Housing Wire

JANUARY 3, 2024

That’s a problem when a typical Colorado home – as defined by Zillow ‘s Home Value Index – costs more than $528,000. When teachers can’t afford to buy homes, school districts can’t hire teachers. So who is solving housing affordability for these workers?

Landlords 428

Landlords Home Value Construction Renovations 428

Housing Wire

JUNE 14, 2022

The Federal Housing Finance Agency released voluminous plans last week developed by Fannie Mae and Freddie Mac to make the housing market more equitable, in part through changes to the appraisal process. According to Freddie Mac’s equitable housing finance plan, it could be the expansion of automated valuation models.

Appraisal 292

Appraisal Valuation Inspection Law 292