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How home-price growth has damaged the housing market

Housing Wire

This data line lags the current housing market as it’s a few months old. I developed a specific home-price growth model for the years 2020-2024 which said that if home-price growth grew at 23% for five years we would be fine, with total housing demand —both new and existing homes together — getting to 6.2 million or higher.

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Regions Bank places $1B bet on home renovation market

Housing Wire

The Salt Lake City-based lender says it’s worked with over 1 million homeowners since its founding in 2002 and funded $11.6 EnerBank says it works with 10,000 contractors and develops personalized loan programs for their clients. The post Regions Bank places $1B bet on home renovation market appeared first on HousingWire.

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LendArch hires Karthik Kumar, TCS’s former head of mortgage

Housing Wire

Kumar was a manager at Standard Chartered Bank from 2002 to 2004. “We intend to change how lending is going to be done fundamentally – behavior, market dynamics, products,” Kumar said. LendArch has a consulting arm to develop a plan for clients, for example, to reduce costs and improve their underwriting.

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Are existing home sales showing a housing bubble?

Housing Wire

COVID didn’t get the housing market, but it did pull a fast one on those pesky bears. For the casual observers of the market, it may seem intuitive that with all the economic chaos we suffered during the first half of 2020, the housing market would take a drastic hit – from which it would be difficult to recover. Look, I get it.

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[Video] Customer Story: CCDC

GoForrmz

” — Corey Bland, Development Manager, CCDC About CCDC CCDC, which was founded in 2002 in Central Illinois and has been serving Christian County for over 20 years, operates in the affordable housing sector.

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[PULSE] Black lives, Black families and Black homeownership matter

Housing Wire

In 2002, to protect lenders, I cofounded and organized an industry association called HAND, whose mission was to educate the mortgage industry on the proper utilization of seller funded DPA, and to curb risky practices. But despite what’s at stake for minority communities, they have so far refused to perform such basic due diligence.

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Donald R. Horton, founder of the largest U.S. homebuilder, dies

Housing Wire

Over the years, he traveled extensively to its field operations, maintained a culture of family and care, and developed initiatives that focused on employees and their families, the company said. since 2002. a publicly traded national residential lot development company. As a result, D.R. In addition, D.R.

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