Housing Wire

DECEMBER 29, 2022

As we close out 2022, it’s time to reflect on a historic year for the housing market, which was even crazier than the COVID-19 year of 2020. A few months ago, I was asked to go on CNBC and talk about why I call this a housing recession and why this year reminds me a lot of 2018, but much worse on the four items above.

Housing Market 545

Housing Market Marketing Inventory Sellers 545

Housing Wire

JUNE 20, 2023

Mike Cagney’s Figure Technologies rolled out a wholesale lending platform that will give loan originators access to the company’s home equity line of credit (HELOC) offering. Cagney’s attempt to bring blockchain technology to mortgage lending at scale dates back to August 2021. last year.

Technology 308

Technology Lending Housing Market Investors 308

Housing Wire

AUGUST 17, 2022

Articles about rates, housing inventory and inflation were among our most popular, including: Purchase mortgage rates fall same week as Fed rate hike New home sales make it clear, housing is in a recession The nation’s housing market is on a correction course. This theme wasn’t limited to white papers.

Housing Market 371

Housing Market Marketing Insurance Inventory 371

Housing Wire

FEBRUARY 22, 2023

Wells Fargo , the largest depository mortgage lender in America, issued pink slips to employees in its home lending business on Tuesday following its decision to exit the correspondent channel. “I Wells Fargo’s correspondent lending business was already in a freefall.

Lending 495

Lending Business Finance Mortgage 495

Housing Wire

JUNE 8, 2023

It’s been a brutal 15-month period for the housing market since the Federal Reserve began escalating its benchmark interest rate in March 2022 to combat rising inflation. Since then, the Fed has bumped rates 10 times, effectively putting the brakes on what had been a hot housing market. as of March 20 to 114.42

Housing Market 441

Housing Market Marketing Investing Mortgage 441

Housing Wire

NOVEMBER 14, 2022

Full-service mortgage lender Nations Lending and local Indiana real estate firm Carpenter Realtors launched a joint venture, Commitment Mortgage , in order to offer an end-to-end experience — from finding a home to closing a loan in a cooled-down housing market. “We Nations Lending originated $3.43

Lending 312

Lending Realtors Real Estate Agent Mortgage 312

Housing Wire

FEBRUARY 3, 2021

Economists and housing experts say mortgage lending standards will likely loosen in 2021, despite the increased risk of delinquencies ahead. housing market. The post Why mortgage lending standards will ease in 2021 appeared first on HousingWire. Such a scenario illustrates the growing disparities in the U.S.

Lending 545

Lending Mortgage Insurance Housing Market 545

Housing Wire

MARCH 3, 2021

In his confirmation hearing Tuesday before the Senate Banking Committee , Chopra, President Joe Biden’s choice for director of the Consumer Financial Protection Bureau , emphasized that the CFPB has to be ready for housing market fallout due to the pandemic. housing market currently has about 2.6

Housing Market 523

Housing Market Marketing Law Construction 523

Housing Wire

JULY 13, 2023

Non-qualified mortgage (non-QM) lender NewFi Lending has launched a correspondent lending channel at a time when originators are fighting to grab production volume. “Non-QM Non-QM product offerings are critical to any mortgage bankers’ offerings in today’s market. The retail channel’s market share slipped to 54.9%

Lending 340

Lending Realtors Retail Mortgage 340

Housing Wire

MAY 7, 2023

Even though the labor market is currently showing signs of getting softer , there is no job-loss recession yet. As you can see in the chart below, there is a big difference between the current housing market and those looking for a repeat of 2008. Mortgage rates in a regular market should be 5.25% today but are at 6.5%.

Inventory 482

Inventory Housing Market Marketing New Listings 482

Housing Wire

SEPTEMBER 7, 2022

Price corrections are coming to housing markets across the United States, Black Knight said following July’s home price decline from June. Relatedly, tappable home equity is expected to pull back in the third quarter as equity-rich markets already saw declines in July. .

Housing Market 416

Housing Market Marketing Home Value Lending 416

Housing Wire

APRIL 8, 2022

One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy. million — once that happens, I can take the unhealthy label off the housing market.

Housing Market 391

Housing Market Marketing Inventory Lending 391

Housing Wire

APRIL 20, 2022

Without a national market, local supply and demand for mortgages could become unbalanced. The mortgage markets of 2007 and 2020 remind us that there is no durable mortgage market without federal backing (including the banking system). Nongovernment-backed lending disappeared in both cases virtually overnight.

Housing Market 411

Housing Market Marketing Lending Investing 411

Housing Wire

JUNE 7, 2021

During the previous economic expansion from 2008 to 2019, the housing market was subject to the constant refrain of build more homes. Because that period followed a housing boom and bust when inventory was overbuilt. We first had to whittle down the excess inventory and get our financial house in order (i.e.,

Housing Market 545

Housing Market Marketing Inventory Construction 545

Housing Wire

NOVEMBER 17, 2020

This year has been full of surprises, but the biggest might be how exceptional the housing market is performing, National Association of Realtors Chief Economist Lawrence Yun said on Tuesday. A lingering trend in the housing market has been the increase of homeowners relocating to the suburbs and vacation towns.

Housing Market 521

Housing Market Marketing Realtors Inventory 521

Housing Wire

JULY 2, 2021

The gains were so great that some housing industry economists believe construction job gains could relieve housing market supply constraints. could return to the pre-COVID employment peak by February 2022 – the same year some economists predict the housing market could regain its inventory footing.

Housing Market 493

Housing Market Marketing Construction Inventory 493

Housing Wire

JULY 6, 2022

As recession talk becomes more prevalent, some people are concerned that mortgage credit lending will get much tighter. One of the biggest reasons home sales crashed from their peak in 2005 was that the credit available to facilitate that boom in lending simply collapsed. The short (and long) answer is no, not a chance.

Lending 477

Lending Mortgage Business Inventory 477

Housing Wire

APRIL 13, 2021

Austin, Texas might be the hottest housing market in the country. It is just a super tight housing market. All of these tactics are new to those in the Austin area Van Dyke said, but wouldn’t be surprising to those used to competitive housing markets elsewhere.

Housing Market 532

Housing Market Buyers Marketing Real Estate Agent 532

Housing Wire

DECEMBER 28, 2022

This article is part of our 2022-23 Housing Market Forecast series. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.

Housing Market 482

Housing Market Marketing Inventory Mortgage 482

Housing Wire

SEPTEMBER 15, 2020

Fannie Mae , the world’s largest mortgage financier, said mortgage lending this year probably will reach an all-time high of $3.9 ” The low rates likely will boost the sales of new houses to 777,000 this year, a gain of 14% from 2019, the forecast said. The dollar-volume record will be boosted by $2.4 in 2020 and 2.7%

Lending 545

Lending Mortgage Realtors Housing Market 545

Housing Wire

JULY 23, 2021

Competition for home buyers is tougher than ever right now, as tightened housing stock supply continues to plague the housing market. Acra Lending is doing what it can to help free up inventory. Acra Lending plans to launch its fix’n’flip loan program in the coming weeks. 3-month bank statement.

Housing Market 424

Housing Market Marketing Inventory Lending 424

Housing Wire

NOVEMBER 15, 2022

Lending standards tightened in October, largely due to higher mortgage rates and the worsening outlook for the economy, the Mortgage Bankers Association (MBA) said. A decline in the index, benchmarked to 100 in March 2012, is an indicator that lending standards are tightening, while an increase suggests loosening credit standards.

Lending 421

Lending Government Mortgage Housing Market 421

Housing Wire

OCTOBER 5, 2023

As the housing market suffers through a drought of home sales and related mortgage originations in the current high-rate environment, home prices and home equity continue to climb, helping to spark a revival of another sector — home equity lending and investment. It appears that securitization market has arrived.

Housing Market 374

Housing Market Marketing Contracts Finance 374

Housing Wire

MAY 11, 2022

In this hot housing market, Michigan-based wholesale lender Homepoint understands the key to originating more home loans is ensuring more sellers accept offers made by its buyers. How lenders can continue to serve borrowers despite housing affordability challenges. Planet Home Lending entered into a $2.5

Lending 368

Lending Real Estate Agent Investors Finance 368

Housing Wire

OCTOBER 14, 2022

Mortgage professionals are no exception – whether you find yourself tweeting for work or in your free time, you may also want to follow accounts for people and organizations that are relevant to the industry in order to stay up-to-date on the latest news about the housing market. economy and specializes in the housing market.

Housing Market 433

Housing Market Marketing Real Estate Finance 433

Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall.

Housing Market 414

Housing Market Marketing Loan Officers Mortgage 414

Housing Wire

AUGUST 8, 2022

Mortgage rates trended down in July from their peak above 6% in June, but that wasn’t enough to spur mortgage lending activity. from June , marking four straight months of decline, according to Black Knight ‘s originations market monitor report. Rate lock volume in July fell 14.4% The decline was led by 16.9%

Lending 356

Lending Mortgage Housing Market Home Value 356

Housing Wire

APRIL 7, 2021

In the most competitive housing markets in the country, virtually every buyer has immaculate credit, a few hundred thousand dollars – or more – for a downpayment and knows what their mortgage options are. Online lending marketplace LendingTree ranked the 50 most competitive metro areas in the U.S.

Housing Market 426

Housing Market Marketing Buyers Mortgage 426

Housing Wire

JUNE 27, 2022

Through numerous interviews with industry players, HousingWire assessed the rapidly changing housing market to determine who remains vulnerable to the higher-rate environment, and who’s primed to capitalize in the months ahead. I don’t think it’s a win for anyone on the lending side. The culling.

Housing Market 400

Housing Market Marketing Brokerage Real Estate 400

Housing Wire

AUGUST 1, 2022

June saw both record-low home price appreciation and the largest single-month increase of for-sale inventory in 12 years, resulting in a cool down in the housing market. And the housing market would likely slow further in the coming months if mortgage rates remain persistently high.

Housing Market 360

Housing Market Marketing Inventory Technology 360

Housing Wire

OCTOBER 1, 2022

However, there are a number of attention-grabbing headlines, which unfortunately only compare today’s housing market to the very recent history of the last two years. It is always good to know where we are with the real estate market, but it is essential to keep all data in historical perspective. . Historically 2.5

Realtors 377

Realtors Housing Market Marketing Buyers 377

Housing Wire

JUNE 6, 2023

In honor of National Homeownership Month, Chase Home Lending unveiled on Tuesday an upgraded suite of resources for homebuyers to assist in navigating the homebuying process and managing homeownership.

Lending 307

Lending Buyers Tools Design 307

Housing Wire

SEPTEMBER 27, 2022

Because these solutions handle all operational logistics and resources, they open up new lending options, which many local lenders would likely not build on their own due to the associated cost, resources required, compliance burden, access to secondary market investors needed and more.

Housing Market 381

Housing Market Marketing Logistics Lending 381

Housing Wire

JANUARY 18, 2023

mortgage insurance market in 2023 to deteriorate. The sector outlook reflects expectations for a slowing economy in 2023, with a modest increase in unemployment and potential pricing corrections in the housing market. Fitch Ratings also expects the outlook for the U.S.

Housing Market 410

Housing Market Marketing Insurance Mortgage 410

Housing Wire

NOVEMBER 13, 2020

In their new roles, Connelly will be responsible for launching new revenue channels, assisting with capital markets opportunities and helping to lead strategic partnerships for the company, while Aronovitch will lead the company’s legal, compliance and risk management functions.

Lending 417

Lending Mortgage Retail Legal 417

Housing Wire

MARCH 19, 2023

The housing market was crazy again last week. Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? However, you don’t need to be a rocket scientist or have a Ph.D.

Housing Market 368

Housing Market Marketing Inventory New Listings 368

Housing Wire

NOVEMBER 7, 2022

High mortgage rates and looming economic uncertainty caused trillions in equity to evaporate from the housing market in the third quarter of 2022, according to Black Knight ’s mortgage monitor report. Equity among mortgaged homes dropped by about $1.5 trillion in the second quarter of 2022. That figure declined by $1.17

Housing Market 327

Housing Market Marketing Home Value Mortgage 327