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MSR market is partying like it’s 2006

Housing Wire

The mortgage servicing rights market took off like a rocket in January and it has continued to accelerate into the stratosphere in February, according to industry experts who follow the MSR market closely. Overall, the bulk MSR market should be incredibly robust throughout 2022.”. You just never know. billion, or 8.2%

Marketing 383
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Lower mortgage rates are stabilizing the housing market

Housing Wire

Since the weaker CPI data was released in November, bond yields and mortgage rates have been heading lower. The question then was: What would lower mortgage rates do to this data? Now, with five weeks of data in front of us, we can say they have stabilized the market. Mortgage rates went from a low of 2.5%

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How housing credit is shaping housing inventory

Housing Wire

After 2010, qualified mortgage laws were in place, meaning everyone getting a mortgage has to be able to repay the loan. You can see the drastic change this made in the Mortgage Bankers Association Credit Availability index , below, which skyrocketed in 2005 and 2006 before an epic collapse in 2008.

Inventory 496
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Opinion: The end of seller speculation in US housing market

Housing Wire

A few months ago, the United States housing market failed Econ 101. The table also reports the year-over-year percent change in new listings for each market. Table 1: 10 Hottest Housing Markets out of the Top 250 Metro Areas, February 2022. Table 1: 10 Hottest Housing Markets out of the Top 250 Metro Areas, February 2022.

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William Raveis acquires South Carolina-based Carson Realty

Housing Wire

Founded in 2006, Carson Realty serves clients in the South Carolina markets of Hilton Head, Bluffton and Lake Keowee. According to a press release, this acquisition gives William Raveis a large market share increase in the Hilton Head and Bluffton areas of Beaufort County. Our business model is unique.

Realty 358
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The current REO market requires an expansion of services for business growth

Housing Wire

Tiffany Fletcher, senior vice president of operations support and operational risk for VRM Mortgage Services , offers strategies for doing just that, showing how VRM is growing and changing during these unique times. Tiffany Fletcher, VRM Mortgage Services HW: What does the current market and demand for REO assets look like?

Business 404
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The power of data with Mike Simonsen

Housing Wire

Mike Simonsen, president of Altos Research , will share his data-focused insights on the housing market at Gathering of Eagles 2023. Simonsen founded Altos Research in 2006. The information in an Altos Market Report ranges from median home price to days on the market and the percent of price decreases.

Sellers 390