Housing Wire

APRIL 24, 2024

I think what we are definitely going to see is a fall-off of the old way of doing things,” Saunders told attendees at HousingWire ’s The Gathering. Through this, Saunders said, consumers began to realize the importance of staging, photography and online marketing. The way Saunders views it, today’s consumers are more savvy.

Brokerage 350

Brokerage Legal Fees Real Estate Agents 350

Housing Wire

APRIL 23, 2024

loanDepot CEO Frank Martell expects the current mortgage market cycle to be “longer and tougher than anybody expected.” Martell believes there will not be “a zero commission” market. Martell calls for partnerships between the public and private sectors to deal with them. Judge Stephen R.

Mortgage 330

Mortgage Real Estate Agent Real Estate Renovations 330

Housing Wire

MARCH 7, 2024

For investors in the private-label securities (PLS) market, the earlier signal was enough to unleash a boatload of money that had been sitting on the sidelines waiting for the “peak” to arrive, according to several market experts interviewed recently by HousingWire. My guess is we’ll do 10 or 11 deals this year in the $5.5

Investors 415

Investors Government Mortgage Investing 415

Housing Wire

FEBRUARY 14, 2024

Approximately 200 employees will be laid off, the majority of which are based in Academy’s home office in Draper, Utah, Schmidt said. It’s the largest acquisition to date for retail lender Guild, which has closed six deals since 2021, including last year’s purchases of Legacy Mortgage , Cherry Creek Mortgage and First Centennial Mortgage.

Retail 417

Retail Mortgage Loan Officers Construction 417

Housing Wire

FEBRUARY 8, 2024

E-signature company DocuSign laid off 6% of its workforce, or about 400 employees, following reports that the fintech company’s talks in exploring a sale have stalled. A majority of the impacted positions came from the company’s sales and marketing organizations, the company said. DocuSign’s market capitalization is close to $10.5

Technology 427

Technology Investors Finance Business 427

BiggerPockets

SEPTEMBER 24, 2021

Mel is asking: When working with agents, do your agents help in finding off-market deals, or do […]. This week’s question comes from Mel on the Real Estate Rookie Facebook Group.

Agents 64

Agents Marketing Real Estate 64

Inman

MARCH 6, 2024

The Inter Miami striker bought the 7,100-square-foot property in an off-market deal. He'll be just a 10-minute walk away from fellow teammate, Lionel Messi.

Marketing 165

Marketing 165

Housing Wire

JULY 13, 2022

June was a rough month for jumbo-mortgage securitizations, with only two private-label offerings brought to market valued at roughly $821 million. The two jumbo-loan deals that did make it out of the gate last month were issued by Rocket Mortgage and J.P. The Rocket prime jumbo deal was backed by mortgages valued at $337.9

Mortgage 394

Mortgage Market Value Marketing Contracts 394

Housing Wire

MAY 4, 2022

billion mega-deal was announced in a press release Wednesday afternoon. The move between what are generally regarded as the two biggest suppliers of mortgage loan origination software is the latest domino to fall in a mortgage market careening off the rails. Black Knight’s stock closed at $72.84 Goldman Sachs and Co.

Loan Officers 437

Loan Officers Mortgage Lending Technology 437

Housing Wire

FEBRUARY 8, 2022

In total, NewRez LLC , the publicly traded company’s mortgage arm, is laying off 386 employees, about 3% of the division’s workforce, a company spokesperson confirmed Tuesday. “As NewRez agreed to acquire Caliber in a deal valued at $1.675 billion in April and closed the deal in August.

Retail 370

Retail Investing Mortgage Finance 370

Housing Wire

JULY 17, 2023

Here are three valuable lessons I learned from Steve Murray about the new model of deal structuring. Buyers aren’t willing to value companies at that level in this market, nor should they. Now, every deal has its own quirks but overall, the high multiples are gone. What many want to buy is positive cash flow or market share.

Real Estate 369

Real Estate Buyers Sellers Brokerage 369

BiggerPockets

JUNE 19, 2023

Finding a below-market-value property is much easier than most people think. Don’t know where to find undervalued rental properties? Thankfully, we’ve got some experts who do. So, why is it […]

Marketing 74

Marketing Market Value Real Estate 74

Housing Wire

MARCH 29, 2024

In 2023, Doma sold off its retail operations in Florida , the Midwest , Central and Northern California , and Texas and made a major pivot in its business strategy. The deal is also conditioned on the completion of certain transactions, an investment by Lennar into TRG, and other arrangements with HSCM. million for the entire year.

Insurance 414

Insurance Technology Real Estate Investing 414

Housing Wire

FEBRUARY 9, 2024

The year’s off to a good start,” he said. “I So, I’m really continuing to focus on the active adult market for what we call the “lifestyle home loan,” commonly known as HECM for Purchase.” says that business in the Seattle area is also off to a decent start this year. So, that helped get people off the fence as well.”

Business 426

Business Mortgage Loan Officers Marketing 426

Housing Wire

OCTOBER 13, 2023

Two top-20 mortgage lenders in the United States may combine forces amid the most challenging market in decades. If the deal is completed, it will catapult CrossCountry to becoming the fourth-largest mortgage lender in the country, behind United Wholesale Mortgage (UWM), Pennymac Financial and Rocket Mortgage.

Loan Officers 469

Loan Officers Mortgage Finance Business 469

Housing Wire

JANUARY 30, 2024

The mortgage-servicing rights (MSR) market remains robust as we turn the corner into 2024, and though it is expected to slightly underperform 2023, the market is still projected to notch healthy trading volumes in 2024 — hovering near the $1 trillion mark for the fourth year in a row, market observers forecast.

Marketing 402

Marketing Mortgage Sellers Buyers 402

Housing Wire

FEBRUARY 22, 2023

The residential mortgage-backed securities (RMBS) market took a beating in 2022, nearly stalling as the year came to an end — on the heels of interest rates jumping more than 3 percentage points over the first half of 2022. As we turn the corner into 2023, however, the landscape so far looks brighter for the RMBS market.

Marketing 368

Marketing Finance Mortgage Lending 368

Housing Wire

NOVEMBER 10, 2022

Finally, some good news: the growth rate of inflation is cooling off for now, and with the CPI inflation report being positive, the 10-year yield fell noticeably, and mortgage rates will fall with that! We already have more current data lines to show that the growth rate of inflation is cooling off. percent before seasonal adjustment.

Mortgage 535

Mortgage Supply Chain Housing Market Marketing 535

Housing Wire

AUGUST 25, 2022

The terms of the deal were not disclosed. With the deal, Movement adds the brokerage’s more than $400 million in annual sales volume and 48 employees, including loans officers, support staff and executive members, to serve homebuyers and real estate agents in the Greater Boston Area. . billion in the area, the company said. .

Brokerage 475

Brokerage Mortgage Loan Officers Real Estate Agent 475

Housing Wire

JANUARY 26, 2023

Two months after receiving the Federal Reserve ’s approval to merge with New York Community Bank, Michigan-based Flagstar Bank is reducing its footprint in the retail channel and laying off hundreds of staffers, according to laid off employees. “I Their access to the company’s systems, computers, and emails was shut off immediately.

Retail 446

Retail Mortgage Lending Finance 446

Housing Wire

MAY 4, 2023

-based First Horizon Corporation , one of the country’s largest warehouse lenders, have agreed to terminate an acquisition deal, according to a joint announcement issued Thursday. The deal, first announced in early 2022 and valued at $13.4 The deal was a culmination of TD’s hunt for U.S.-based

Clients 363

Clients Business Marketing Lending 363

Housing Wire

OCTOBER 9, 2023

A coalition of housing trade groups — including the Mortgage Bankers Association (MBA), National Association of Realtors (NAR) and National Association of Home Builders (NAHB) — called on the Federal Reserve to provide market certainty about the Fed’s rate path and its plans for the mortgage-backed securities (MBS) portfolio.

Marketing 446

Marketing Mortgage Realtors Real Estate 446

Housing Wire

MAY 2, 2022

It was not enough: the Rosemont, Illinois-based business plans to lay off 140 more employees in May, a Worker Adjustment and Retraining Notification Act (WARN) the company filed in early March reveals. Interfirst plans to lay off at the lender’s facility in Rosemont beginning on May 13, 2022, or within two weeks of that date.

Human Resources 383

Human Resources Loan Officers Retail Training 383

Inman

JANUARY 16, 2024

The pop star sold the secluded home to Bad Bunny in an off-market deal for $8.3 million, well below the $8.9 million she paid for it in 2021.

Marketing 152

Marketing 152

Housing Wire

JUNE 26, 2023

Tapping into their time in the industry, they will discuss how to navigate your career in a down market. As a leader who has been in charge throughout the highs and lows of the housing market, Lindblom has guided some of the biggest rising stars on how to own your career journey. G o here to become a member.

Lending 370

Lending Housing Market Business Mortgage 370

Housing Wire

JUNE 30, 2022

Less than a week after laying off hundreds of workers and refusing new mortgage applications, First Guaranty Mortgage Corp. HousingWire reported on Friday that FGMC laid off around 80% of its workforce in a virtual meeting. A deal for funding with fintech firm PLACE fell through, sources told HousingWire.

Lending 545

Lending Finance Mortgage Investors 545

Housing Wire

JANUARY 20, 2023

wants to extend the deadline for completing its merger deal with struggling digital mortgage lender Better.com by six months for the third time, further dimming the prospects for the deal to go through. Aurora planned to take Better.com public in the fourth quarter of 2021, but the deal is unlikely to happen given market conditions.

Finance 394

Finance Mortgage Business Marketing 394

Housing Wire

FEBRUARY 14, 2023

For all the hype around today’s stock market close, it was a dud of a Valentine’s date if you ask me. We still have a lot of big housing market economic reports this week, so stay tuned as retail sales, builders confidence, purchase apps, jobless claims, producer price inflation, and leading economic indicators data are still to come.

Mortgage 481

Mortgage Housing Market Marketing Retail 481

Housing Wire

MAY 18, 2023

Kicking off the event on Oct. As the lead analyst for Housingwire, he creates weekly housing market trackers so readers can get the most up-to-date information on the housing market. Logan has a unique ability to explain what’s happening in the market in a way that’s very accessible — and entertaining!

Inventory 382

Inventory Housing Market Mortgage Lending 382

Housing Wire

AUGUST 14, 2023

It’s no secret that refinance (refi) volumes dropped off a cliff, and the number of homebuyers in the market has shrunk since 2022. In the non-QM market, there’s a myriad of product offerings tailored to serve various borrower demographics. The market always moves, and the most successful originators move with it.

Mortgage 357

Mortgage Lending Marketing Clients 357

Housing Wire

NOVEMBER 22, 2023

Going more in-depth than a Fed meeting, our virtual Housing Market Update event provides you with the strategy-building insights needed to operate in 2024. It’s a savagely unhealthy housing market out there, and these economists unpack what that means for you. Register for the virtual event on Dec.

Housing Market 481

Housing Market Marketing Inventory Sellers 481

Housing Wire

APRIL 19, 2022

Publicly traded mortgage tech company Blend Labs laid off 10% of its workforce amid major headwinds in the mortgage industry. million in 2020 during the refi boom and with the market headed into a correction, executives warned investors’ revenue would plummet. a share, with a market capitalization of about $1.17

Mortgage 370

Mortgage Investors Clients Insurance 370

Housing Wire

JANUARY 13, 2023

For the non-QM lenders serving the single-family investment-property space who have managed interest-rates well to stay ahead of the market, however, there’s still plenty of opportunity to pick up market share, industry observers argue. . They include a $405.2 Approximately 36.8% Another of the planned offerings is a $485.9

Marketing 417

Marketing Investing Investors Landlords 417

Housing Wire

SEPTEMBER 13, 2023

The mortgage servicing rights (MSR) market has been very active this year, with robust deal flow that is on par with last year’s record $1 trillion in trading volume and with generally good pricing for MSR packages, industry experts agree. multiple range “for pristine deals … and you might even be able to get a bit higher.”

Marketing 395

Marketing Sellers Buyers Mortgage 395

Housing Wire

FEBRUARY 7, 2022

San Francisco-based fintech firm Unison plans several securitization deals to market in 2022, with private label offerings backed by home-equity assets. Unison expects to bring three additional securitization deals to market in 2022, according to a company executive.

Investing 356

Investing Marketing Contracts Investors 356

Housing Wire

JUNE 9, 2023

On June 16, 2022, I put the housing market into a recession , which is where housing demand, housing jobs, housing income and housing production all drop. Mortgage rates ranged from 7.37% to 5.99% during this period, and how the market reacted to them changed the dynamics of the housing discussion and home prices. Then on Aug.

Inventory 546

Inventory Housing Market New Listings Mortgage 546

Housing Wire

APRIL 4, 2023

Mortgage analysts expect to see consolidation if the deal were to go through, but also forecast that strong players in the servicing and loan origination system side will emerge. Federal Trade Commission sued ICE to block the deal last month. This, in turn, would provide more options for lenders. In the latest development, the U.S.

Technology 383

Technology Valuation Investing Mortgage 383