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Nations Lending, Carpenter Realtors launch Commitment Mortgage

Housing Wire

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 347
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Mortgage lending volume in 2020 likely to break records

Housing Wire

Fannie Mae , the world’s largest mortgage financier, said mortgage lending this year probably will reach an all-time high of $3.9 trillion in refinancings, the highest level since 2003 and more than double the level seen in 2019, the mortgage giant said in a forecast on Tuesday. The annual average U.S.

Lending 545
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Lenders target growing Hispanic homeownership market

Housing Wire

Guaranteed Rate and CrossCountry Mortgage have their eyes fixed on serving more Hispanic borrowers, who are expected to make up 70% of homeownership growth in the U.S. A Spanish website and mortgage applications tool to help Hispanics overcome language barriers went live this week by CrossCountry Mortgage. billion in loans.

Marketing 362
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The risk of zero-down loans while the Fed talks recession

Housing Wire

The housing market is very subsidized for demand to grow and whenever the economy gets weaker, rates fall and that impacts the housing market in a disproportionate way. The National Association of Realtors’ total Inventory data shows that historically we have between 2 to 2.5 This is what we do in America.

Inventory 544
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CBC Mortgage’s Tai Christensen to speak at Spring Summit

Housing Wire

Tai Christensen, CBC Mortgage Agency’ s director of government affairs, will join other housing luminaries to discuss how lenders can increase their diversity to impact minority homeownership at HousingWire’s Spring Summit on March 4. She also serves as an advisory council member for the American Mortgage Diversity Council.

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Local Markets: Louisville, Reno and San Diego

Housing Wire

Affordable housing prices combined with a vibrant history and a thriving culinary scene have certainly made Derby City a popular destination for homebuyers. However, even Louisville’s active housing market has slowed down recently. “I According to Wood, this latest market shift is no exception to the rule. Boise, Idaho.

Marketing 366
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The Future of Real Estate After COVID-19

Home Junction

It’s tough to predict housing market trends due to our ongoing circumstances, but experience and current indicators can shed light on some of the possibilities. Several variables will affect home sales following COVID-19, most notable of which is the reaction of the job market once people return to work.