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Opinion: Why we should implement a mortgage marketplace model

Housing Wire

When will the mortgage industry know it has reached the tipping point where innovation is no longer a competitive advantage but an existential need? Fifteen years ago, I launched a business on a mission to modernize and decrease friction in the real estate finance supply chain. Everyone works together.

Mortgage 348
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How lenders can break through a siloed mortgage ecosystem

Housing Wire

HousingWire recently spoke with Kevin Koon-Koon, chief technology officer at Grid 151, about streamlining and simplifying how mortgage lenders interact with the rest of the ecosystem. HousingWire: What are some common challenges lenders face when it comes to interacting with the rest of the mortgage ecosystem? appraisal, title, et al.),

Mortgage 264
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Opinion: What the ICE-Black Knight merger means

Housing Wire

Many industries began to deploy electronic supply chains in the 1980’s. MERS provided a trusted “golden record” of the owner of the mortgage loan asset, Simplifile reaches the county recording end-points, IDC integrated $5.2B Consumers, communities and taxpayers are major beneficiaries.

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Biden’s plan to fix housing supply depends on Congress

Housing Wire

If you get a higher mortgage rate, there’s still some chance you can refinance out, but the price is baked in.”. Most people who purchase new manufactured homes use chattel loans instead of conventional mortgage financing, which have higher interest rates and fewer consumer protections, the Consumer Financial Protection Bureau found.

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The secondary market is primed to rise in 2022

Housing Wire

Projecting the outlook for the housing market in the coming year, including prospects for the secondary market for mortgage-backed securities, can be an exercise in crystal-ball gazing, but one indicator key to bringing clarity to that crystal ball is the direction of interest rates. Mortgage rates will steadily rise, possibly to 3.3%

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June Newsletter-Easing Off the Pedal

DW Slater Company

Economic changes, policy changes, supply chain issues, social changes, and buying power can all impact real estate. The Fed just made the biggest rate hike since 1994 , we continue to have supply chain issues and inflation seems to be everywhere. Mortgage rates are already moving up and are projected to move higher.

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Builders apply the brakes amid canceled contracts

Housing Wire

The best way to fight inflation is to add more supply, and when I look at the housing completion data for the past two years, it just makes me want to puke. However, for the first time in recent modern-day history — due to supply chain issues and other factors — housing completion data has lagged behind housing permits and starts.

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