Housing Wire

MARCH 7, 2022

Illinois-based title insurance underwriter Attorneys’ Title Guaranty Fund (ATG) has entered into an agreement to merge with mortgage lender Guaranteed Rate. Attorney members who joined ATG between 1964 and 2007 and their successors have been asked to vote on the merger. For a variety of reasons, we stopped selling shares in 2007.

Insurance 318

Insurance Retail Real Estate Clients 318

Housing Wire

MARCH 12, 2024

The housing priorities outlined by the White House and President Joe Biden last week before and during the State of the Union address are crucial for alleviating a serious burden facing many Americans, and the plan emphasizes actions that can be taken to impact the current housing market.

Construction 334

Construction Housing Market Insurance Finance 334

Housing Wire

FEBRUARY 3, 2021

housing market. If this happens, it would prove a dramatic contrast to that of the financial crisis, in which lenders tightened credit standards from 2007 through 2010, said Curt Long, National Association of Federally-Insured Credit Unions chief economist and vice president of research.

Lending 545

Lending Mortgage Insurance Housing Market 545

Housing Wire

JUNE 25, 2023

More importantly, it showed that the days on market dropped back to the teenager level, which means we are once again in a savagely unhealthy housing market. Nothing good is happening in housing when days on market are so low. million The peak in 2007 was a bit over 4 million Currently we’re at 1.08 Unless the U.S.

Inventory 404

Inventory Housing Market Marketing New Listings 404

Housing Wire

JANUARY 17, 2024

Fannie Mae and Freddie Mac are in the spotlight again over the role some housing-industry experts say they could play in reducing mortgage rates if they resumed a more active investor role in the mortgage-backed securities (MBS) market. As a result of particularly Silicon Valley, the FDIC [ Federal Deposit Insurance Corp.

Marketing 338

Marketing Investors Mortgage Finance 338

Housing Wire

SEPTEMBER 15, 2023

That is how the director of the Consumer Financial Protection Bureau (CFPB), Rohit Chopra , began his remarks marking the 15th anniversary of the collapse of Lehman Brothers , the first proverbial domino to fall in the financial crisis of 2007-08 that ultimately gave rise to the establishment of the CFPB.

Law 331

Law Lending Investing Insurance 331

Housing Wire

JUNE 3, 2022

The delinquent FHA-insured mortgages backing Lakeview’s initial private-label securities (PLS) offering earlier this year, L akeview Trust 2022-EBO1 , all were purchased out of Ginnie Mae loan pools via the agency’s so-called early buy-out, or EBO, program. . million, with all the loans deemed delinquent. in active foreclosure.

Marketing 349

Marketing Mortgage Insurance Business 349

Housing Wire

FEBRUARY 22, 2023

More than two years after mortgage industry trade groups began openly calling on the Federal Housing Administration ( FHA ) to cut annual premiums on mortgages the agency insures, the Biden administration and the FHA have done just that. We used scenarios where the economy or the housing market faced extreme pressures.

Insurance 360

Insurance Mortgage Government Housing Market 360

Housing Wire

JANUARY 20, 2023

Big Four title insurer Old Republic is on the lookout for a new CEO after Mark Bilbrey announced on Thursday that he would be retiring at the end of January. Bilbrey joined Old Republic in 2007, was appointed executive vice president in 2008 and named president of Old Republic National Title Holding Co.

Insurance 306

Insurance Investors Marketing 306

Housing Wire

MAY 10, 2022

In the end, some $850,000 in claims had to be paid on defaulted government-backed mortgages insured by the Federal Housing Administration (FHA). Rising rates slowed the rate-term refinance train in the fourth quarter of last year, according to the CoreLogic report, moving the market toward purchase loans — and increased mortgage-fraud risks.

Mortgage 374

Mortgage Marketing Finance Insurance 374

Housing Wire

MARCH 17, 2022

As HUD considers mortgage insurance premium (MIP) changes in the aftermath of FHA’s record-breaking FY 2021 performance with $100 billion of capital reserves and a capital ratio of 8%, it is time to address the “elephant in the room.” It is important to remember that FHA was founded on fundamental insurance principles.

Insurance 389

Insurance Finance Mortgage Sellers 389

Housing Wire

APRIL 23, 2024

Three of the biggest topics in housing right now are mortgage rate movements tied to Federal Reserve policymaking, the day-to-day moves in key housing data and forward-looking trends for the housing market. In 2022, I brought up the premise that the Fed will not pivot until the labor market breaks,” he said. “So,

Inventory 403

Inventory Housing Market Sellers Marketing 403

Housing Wire

SEPTEMBER 15, 2023

The great financial crisis (GFC) revealed a defective supply chain, metrics unable to assess local risk and markets incapable of answering Ben Bernanke ’s defining question – “what’s this stuff worth?” Integration: The sector reimagines portals, anchors federations, converges markets and makes money.

Supply Chain 336

Supply Chain Technology Investors Legal 336

Housing Wire

NOVEMBER 13, 2020

The Federal Housing Administration ’s flagship Mutual Mortgage Insurance (MMI) Fund is in the best condition since before the financial crisis with a combined capital ratio for FY 2020 at 6.1% – only.3% 3% away from levels seen in 2007. At the time, there was speculation of HUD announcing a cut to FHA mortgage insurance premiums.

Insurance 310

Insurance Mortgage Development Marketing 310

Housing Wire

MARCH 10, 2022

Lakeview Loan Servicing , one of the nation’s largest issuers of Ginnie Mae securities, is making a play in the private-label securities market by sponsoring an offering backed by a pool of 2,192 Federal Housing Administration -guaranteed mortgages valued at $423.6 trillion in 2021 vs. approximately $400 billion in 2007.”. “EBO

Mortgage 284

Mortgage Insurance Government Investors 284

Housing Wire

APRIL 5, 2021

In its most recent annual report to Congress, November 2020, the Federal Housing Administration ( FHA ) published its “capital ratio,” a measure of capital reserves to insurance-in-force held within the Mutual Mortgage Insurance Fund (MMI Fund). The same report revealed FHA had amassed capital reserves in the amount of $78.9

Insurance 227

Insurance Mortgage Housing Market Government 227

Housing Wire

OCTOBER 23, 2020

Those loans, originated between 2007 and 2011, defaulted and led to claims to the FHA for mortgage insurance. The settlement occurred just before Guild and its private equity owners McCarthy Capital Partners made a debut on the public markets. million shares of Class A stock, priced between $17 and $19.

Mortgage 481

Mortgage Government Retail Lending 481

Housing Wire

NOVEMBER 6, 2020

“That said, there was an increase in the number of workers with part-time spots who wanted full-time work, an indication that people are making tough choices to go back to work because enhanced unemployment insurance benefits have ended.”. But despite residential construction employment climbing back to only 0.8%

Construction 337

Construction Housing Market Retail Business 337

Housing Wire

JUNE 21, 2022

housing stock; yet, they bring some unique characteristics to the market. Data from John Burns Real Estate Consulting shows that student loan debt has increased 100% since 2007, keeping many renters in place. FHA loans are insured by the Federal Housing Administration and have less stringent down payment and credit requirements.

Investors 387

Investors Renovations Inspection Government 387

Lamacchia Realty

JANUARY 10, 2024

Anthony Lamacchia Broker/Owner Heidi has been successfully helping buyers and sellers find success since 2007, armed with her vast industry experience, resources, and the continuous education she pursues – all to benefit her clients! Heidi is an impressive agent and her commitment to her clients knows no bounds.

Realty 71

Realty Clients Insurance Agents 71

Housing Wire

OCTOBER 7, 2022

Switzerland-based global lender Credit Suisse Group AG had a rough start this week after its stock was beaten down by 11%, the value of its riskiest debt fell more than 10% and the cost of purchasing derivatives insuring against the bank defaulting rose sharply. That concern is overblown, according to several market experts.

Supply Chain 344

Supply Chain Mortgage Investors Business 344

Empire Appraisal Group

JULY 6, 2022

Unlikely to Feel Impact from Slowing Market. markets, but Fla.’s Six of the nation’s top 25 most overvalued housing markets are in the Sunshine State, which can expect to see a “prolonged period of unaffordability” even as prices in other regions of the country cool. Wary buyers and rising interest rates may affect some U.S.

Marketing 78

Marketing Landlords Real Estate Tenants 78

Housing Wire

SEPTEMBER 8, 2020

as of close of market on Friday, Sept. Thomas O’Brien, former CEO and president at Insurance Auto Auctions Pam Patenaude, former deputy secretary of HUD and co-founder of the J. It’s unclear which way stockholders will vote. CoreLogic’s stock took off on the news of the takeover bid, jumping 25% to $66.33 on June 26, and was at $66.37

Investing 282

Investing Investors Government Insurance 282

Housing Wire

SEPTEMBER 23, 2022

In contrast, since 2008, many large banks have exited the mortgage market or targeted loans to higher FICO , higher wealth borrowers, in order to support their strategic objective of cross-selling other lucrative products. . Last year, NCRC defended extending CRA to IMBs by citing Massachusetts, which did so in 2007.

Lending 309

Lending Mortgage Insurance Finance 309

Housing Wire

MAY 17, 2022

“I am confident that she will bring a depth of expertise and perspective to FHA at a critical time for our country’s housing market.”. Perhaps the most common prediction is that Gordon will revise FHA’s servicing handbook to be in sync with the conventional housing market. Industry wishlist. Despite record home and rental prices, Ms.

Insurance 311

Insurance Development Housing Market Mortgage 311

Housing Wire

NOVEMBER 17, 2022

We have urged Washington policymakers to price housing insurance programs appropriately to actual risk, and not use these programs as budget devices to fund other federal budget priorities. ” This is progress in a key part of the mortgage market, but we still await action on cutting FHA premiums. The current 11.1%

Mortgage 247

Mortgage Finance Design Insurance 247

Appraisal Today

OCTOBER 21, 2022

Appraisers and Local Market Analysis. Excerpts: Social media and the mainstream media make a mess of these markets even in the best of times. They do not have the bandwidth to cover local markets. National data simply does not apply to the local real estate market and the closest large markets are Richmond and Washington DC.

Appraisal 52

Appraisal Marketing Contracts Insurance 52

McKissock

SEPTEMBER 7, 2021

Following the pandemic, we are experiencing a surging real estate market, which begs the question: Is there a market correction on its way? Some market watchers are predicting that when it does happen, it will not be as severe as the last one, while others anticipate something of similar degree or even worse.

Marketing 71

Marketing Real Estate Appraisal Inventory 71

Housing Wire

JULY 7, 2022

These lenders are having to manually key in data, they experience the adverse impact to homebuyers when interim payments are incorrectly applied, or find challenges when proof of homeowners insurance isn’t properly carried over into the servicing system, as well as several other points of friction. .

Modernization 378

Modernization Technology Investing Mortgage 378

Lamacchia Realty

MARCH 26, 2024

The Florida real estate market has shifted, and the number of active listings has increased at a much faster rate than the rest of the country over recent months. The cost of home insurance in Florida has surged over the past few years, making it more expensive than the national average.

Bracketing 60

Bracketing HOA Sellers Buyers 60

Appraisal Today

SEPTEMBER 29, 2023

Today, they are becoming popular to get extra rentals in markets low on housing. And many appraisers who only know how to do mortgage lending assignments are reluctant to market themselves outside that confined space. Some types of non-lender appraisals have little competition, and marketing can be done quickly.

Insurance 79

Insurance Appraisal Contracts Mortgage 79

Will Springer Realtor

DECEMBER 8, 2021

housing starts, when builders break ground and lay a foundation, are forecast to finish this year at 1.04M single-family homes, the first time since 2007 the figure will exceed a million. Who said this is a sellers’ market? Perhaps it’s truly a builders’ market. months (or 12 days) of supply if no new homes came on the market.

Sellers 36

Sellers Marketing Supply Chain Construction 36

Houston Properties

JANUARY 13, 2021

Houston Housing Market Forecast: Current Data & 2021 Predictions. Concerned about a housing market crash? SUMMARY: Coming off a record year, the Houston real estate market started 2021 in a seller’s market. KEY RESOURCES: Study Of How Previous Pandemics Affected The Real Estate Market. Need To Sell?

Housing Market 68

Housing Market Marketing Real Estate Realtors 68

Will Springer Realtor

OCTOBER 11, 2022

Seriously though, there must be a ceiling to rising rates that have all but extinguished a robust housing market. If there is a silver lining for those in the market for a home, it’s that prices should fall as demand eases. housing market is experiencing a price “correction,” defined as a 10% price drop from its most recent peak.

Housing Market 36

Housing Market Marketing Buyers Real Estate 36

Appraisal Today

SEPTEMBER 30, 2022

in 2007-2008, few appraisers used them. Off and on the market since 2013. National Counsel for Liability Insurance Administrators. Excerpts: Housing trends are changing by the week, and it’s time to start believing the Fed when they talk about resetting the housing market. When I did them prior to HVCC etc. Built in 1888.

Appraisal 52

Appraisal Inspection Easement Contracts 52

Appraisal Today

MAY 26, 2023

In 2007, he started appraising conservation easements, which are specified areas of land earmarked for environmental conservation. The Market Composite Index, a measure of mortgage loan application volume, decreased 4.6 . … Roberts faces a maximum of five years in prison and will be sentenced in six months.

Easement 52

Easement Contracts Appraisal Inspection 52

Patch of Land

OCTOBER 5, 2018

The first real regulatory response to the dawning of this new era of fintech came in 2007 and 2008. Department of the Treasury published a white paper called “Opportunities and Challenges in Online Marketplace Lending” to provide an overview of the evolving market. The Evolving Landscape. In 2016, the U.S.

Lending 35

Lending Law Technology Investors 35