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Trade groups express concern to FHFA over historic credit data

Housing Wire

Announced in February , the agency had originally planned to publish the dataset next year, but it chose instead to advance the timeline to third-quarter 2024 in order to “better support market participants with this transition” to a new bi-merge credit reporting requirement that is also being challenged by trade groups and lawmakers.

Legal 410
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MBA forecast for 2021: Prepare for rising mortgage interest rates

Housing Wire

million annualized pace for new construction — the highest level since 2007. Before this year, 2003 was the last time a record was set for profitability on the origination side, and 2012 was the last record year for refinances. trillion in 2020 – the closest we’ve gotten to 2003’s high of $3.81 Profitability.

Mortgage 409
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How to write a lead-winning, memorable real estate agent bio (+ examples)

Housing Wire

And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients. Jane Doe specializes in luxury markets.” After all, prospective clients are trusting you with one of their biggest financial decisions.

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Higher rates flip the homebuilders’ fortunes (again)

Housing Wire

Just like in the existing home sales market, when sales are low, anything positive on the rate side can move the market in a positive direction. If sales are working from an elevated number, like what we saw from 2003-2005, it’s a different subject altogether. months and below, this is an excellent market for builders.

Inventory 481
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The Supply Chain Revisited – Interview with Greg Stephens

Appraisal Buzz

Have been teaching USPAP since 1995, am a certified AQB USPAP instructor since the AQB introduced the certification program in 2003, and since joining Metro-West, I have been receiving approval in various states to teach the 7-hour USPAP update courses to our staff appraisers and the staff of some of our clients.

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Originators gear up for the purchase market

Housing Wire

Lenders will have to “manage expenses and improve customer service in a purchase market,” Tom Wind, executive vice president of consumer lending with U.S. The second-lowest LO turnover rate was in 2003, at 31%. The post Originators gear up for the purchase market appeared first on HousingWire. To read the full issue, go here.

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Exclusive: CrossCountry Mortgage CEO Ron Leonhardt talks AmCap acquisition, future targets

Housing Wire

In an exclusive interview with HousingWire , Ron Leonhardt, a former mortgage broker who founded CCM in 2003, confirmed conversations with the parties started years ago, although the transaction closed on Tuesday. “Our basic strategy for growth has always been organically, getting into markets one by one.

Retail 399