Housing Wire

NOVEMBER 18, 2022

On a positive note, however, the days on the market are no longer a teenager anymore: that metric grew from 18 days to 21 days. I cheer because the savagely unhealthy housing market theme I talked about back in February of this year was the same premise of the housing reset talking point the Federal Reserve uses. months to 3.3

Inventory 459

Inventory Marketing Housing Market New Listings 459

Housing Wire

MAY 19, 2022

million , with double-digit home-price growth driving a housing market that is still savagely unhealthy. Spoiler: If you haven’t realized that the housing market since 2012 has been trolled out by professional grifters who don’t ever forecast sales, that is on you. million and 1.93 Today inventory levels are at 1.02 I use the 1.52-1.93

Housing Market 514

Housing Market Marketing Inventory Realtors 514

Housing Wire

APRIL 20, 2022

Without a national market, local supply and demand for mortgages could become unbalanced. The mortgage markets of 2007 and 2020 remind us that there is no durable mortgage market without federal backing (including the banking system). mortgage guarantor and securities markets, so it’s best to avoid strictly privatizing.

Housing Market 411

Housing Market Marketing Lending Investing 411

Housing Wire

JULY 18, 2022

The residential mortgage-backed securities (RMBS) market is reeling from an unfavorable interest-rate environment, which is expected to suppress private-label securities offerings for at least the rest of the year, a recent market outlook report concludes.

Marketing 332

Marketing Investors Mortgage Lending 332

Housing Wire

MARCH 21, 2024

This is why we created the housing market tracker articles to keep everyone versed in forward-looking demand and the forward-looking demand was getting better as mortgage rates fell from 8% to below 7%. In 2007, they were 4 million. What I love about this data is that the days on the market are over 30 days. million units, up 5.9%

Inventory 450

Inventory Housing Market Mortgage Marketing 450

Housing Wire

JUNE 7, 2022

That’s according to Black Knight , which just released a white paper that studies how long it would take to sell all the homes currently listed for sale in a given market based on a prevailing sales rate, if no new listings are added (a metric it calls “months of remaining inventory”).

Inventory 413

Inventory Housing Market Investors Sellers 413

Housing Wire

AUGUST 14, 2023

According to the DOJ, the United States filed a complaint alleging that UBS “defrauded investors” by making false and misleading statements to buyers of 40 RMBS issued in 2006 and 2007 relating to the characteristics of the loans. “The settlement has been fully provisioned in prior periods,” UBS said in a statement.

Investors 302

Investors Law Design Mortgage 302

Housing Wire

JUNE 3, 2022

The major market dynamic making EBO deals attractive now, according to KBRA, is a changing of seasons in the mortgage industry, marked by fast-rising rates , high housing prices and a turn toward a competitive purchase-mortgage market. market share and volume of $257.5 market share and volume of $232 billion.

Marketing 349

Marketing Mortgage Insurance Business 349

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?” Investors require assurance that a file, note or instrument reflects the verifiable intentions of the committed parties.

Supply Chain 336

Supply Chain Technology Investors Legal 336

Housing Wire

DECEMBER 13, 2021

single-family housing market. housing supply is dwindling once again as homes continue to fly off the market at record prices,” said Jeremy Sicklick, CEO of real estate data analytics firm HouseCanary. Moving in: Big investors,” reads a Reuter’s headline from this July. “A single-family home market. First thing’s first.

Investors 387

Investors Real Estate Landlords Inventory 387

Housing Wire

APRIL 8, 2022

In time, markets always find balance and balance is a good thing. One of the reasons that I moved into the “team higher mortgage rate” camp is that what I saw in January, February, and March of this year was so unhealthy that I labeled the housing market savagely unhealthy. No, it can’t. Monthly supply data being at 1.7

Housing Market 391

Housing Market Marketing Inventory Lending 391

Housing Wire

JANUARY 20, 2023

Just seven years later, Bilbrey and other investors purchased the firm, which was eventually sold to First American in 2003. Bilbrey joined Old Republic in 2007, was appointed executive vice president in 2008 and named president of Old Republic National Title Holding Co. A decade later, Billbrey was named company president.

Insurance 306

Insurance Investors Marketing 306

Housing Wire

JULY 17, 2023

” When home prices started to fall in 2006 and investors abandoned the mortgage-backed securities (MBS) market in 2007, Countywide began running out of money. Mozilo settled with the SEC in October 2010 for $67.5 million in fines and accepted a lifetime ban from serving as an officer or director of any public company.

Lending 348

Lending Mortgage Business Government 348

Housing Wire

JANUARY 27, 2023

After the 2008 mortgage meltdown, JVM let go of all its loan originators and trained its employees to target the jumbo loan market in the San Francisco Bay area instead. Back in the 2007-2009 meltdown, we had loan officers with us at that time. We are going to pursue the investor niche aggressively, meeting very specific realtors.

Lending 359

Lending Real Estate Agent Loan Officers Retail 359

Housing Wire

DECEMBER 21, 2022

On Wednesday, existing home sales collapsed near the lows we saw during COVID-19 and back in 2007 when the housing bubble burst. In addition, this is the fourth straight month of inventory declining, while days on the market are growingl! I have never believed in this concept because of how the housing market credit channels work.

Inventory 505

Inventory New Listings Housing Market Sellers 505

Housing Wire

MARCH 16, 2021

As a member of the board of directors, Mark Grier is already an invaluable asset to Freddie Mac, bringing more than four decades of experience in finance, risk, markets and capital management. Hutchins continued to lead the investments and capital markets business during his stint as interim president.

Finance 347

Finance Investing Government Investors 347

Housing Wire

JANUARY 27, 2023

What is happening with homebuilders and the new home sales sector as we head into the spring housing market ? So, as the 10-year yield has fallen along with mortgage rates, investors are anticipating the builders can sell more of their products once they’re ready to be moved into. months, this is an OK market for the builders.

Mortgage 532

Mortgage Construction Buyers Inventory 532

Housing Wire

APRIL 20, 2023

We have a workable range for 2023 sales in the existing home sales market between 4 million and 4.6 Last year we had a significant sales decline for the existing home sales market, which got worse as the year progressed. One aspect I didn’t like to see in this report is that the days on market fell and are back to under 30 days.

Inventory 518

Inventory Housing Market Marketing New Listings 518

Housing Wire

JUNE 14, 2023

The Federal Reserve (Fed) maintained the federal funds rate in the 5% to 5.25% range on Wednesday, following 10 consecutive hikes that brought rates to a level never seen since 2007. Real wages also continue to fall, suggesting that the Fed has cooled, if not broken, the labor market. increase in April. What’s next?

Mortgage 367

Mortgage Real Estate Investors Marketing 367

Housing Wire

AUGUST 21, 2023

510 PadSplit 1,152% 2017 Creator of a co-living market platform enabling workers to live in the communities they serve. 533 ReBuilt 1,096% 2015 Vertically integrated marketplace helping homeowners sell their unwanted property and real estate investors find great off-market deals. Other established names to make the Inc.

Real Estate 349

Real Estate Real Estate Agent Technology Investors 349

Housing Wire

OCTOBER 28, 2020

After months of fending off an unsolicited takeover bid by two of its significant investors, CoreLogic today confirmed that it is looking for a buyer. “In The Company does not intend to comment further on market speculation or disclose further developments unless and until it deems further disclosure to be appropriate or required.”.

Investors 314

Investors Buyers Investing Technology 314

Housing Wire

JANUARY 11, 2022

But Redfin is first eliminating 121 mortgage roles, less than 2% of the total staff, mainly in sales support, capital markets, and operations. Founded in 2007, Corte Madera-based Bay Equity originated a volume at $8.5 Also, Redfin hopes it will let the company reduce investments in lending software by using the Bay Equity system.

Loan Officers 451

Loan Officers Lending Real Estate Brokerage 451

Housing Wire

OCTOBER 2, 2020

In the fallout of the housing collapse of 2007- 2009, the U.S. There are a few lessons to remember here: Nonbanks did not create the unsustainable mortgage market. Nonbanks are intermediaries that originate loans to the terms of the ultimate investor. It sets minimum thresholds so as to relieve the smaller market participants.

Government 518

Government Investors Lending Mortgage 518

Housing Wire

MAY 26, 2022

The housing market shifted in March of this year. Yes, crazy to think, but this is a survey trend data line, and the housing market was in free-fall at that time. housing market. You can understand why I upgraded the housing market from unhealthy to savagely unhealthy. It’s an excellent time to discuss housing inventory.

Inventory 492

Inventory Housing Market Construction Marketing 492

Housing Wire

JUNE 6, 2022

Over the next decade, the distinction between non-QM and QM loans will be blurred and the government-sponsored enterprises (GSEs) may have to accommodate the growing market of non-W2 borrowers. It could jump to 10, 20, 30% of the entire market share over the next decade.”. of the overall mortgage market. billion, about 0.7%

Inventory 359

Inventory Government Mortgage Housing Market 359

Housing Wire

MAY 3, 2023

The Federal Reserve (Fed) raised its key federal funds rate for the 10th consecutive time, announcing a 0.25% rate hike Wednesday to 5% to 5.25%, a level they have not reached since 2007. In cutting some language about inflation targets, the Fed gave hints on Wednesday that it might be done hiking rates. It represents a shift or sorts.

Real Estate Agent 370

Real Estate Agent Inventory Loan Officers Mortgage 370

Housing Wire

NOVEMBER 2, 2022

economic performance and persistent inflation, the Federal Reserve on Wednesday raised the federal funds rate by another 75 basis points, to 3.75%-4%, launching it to the highest level since December 2007. The decision, expected by most Fed observers and the financial markets, is intended to further slow down the housing market.

Housing Market 405

Housing Market Mortgage Marketing Investors 405

Housing Wire

JULY 15, 2022

He has more than 15 years of industry experience, holding multiple positions in the industry including being an investor, team owner/leader, brokerage operating partner, coach and trainer and corporate executive. Brian Gubernick : No question, the greatest learning opportunity I’ve experienced was the 2007-2008 housing market crash.

Real Estate 351

Real Estate Realtors Brokerage Business 351

Housing Wire

AUGUST 26, 2021

Treasury yields fell last week, as investors continue to anxiously monitor if the rise in COVID-19 cases in several states starts to dampen economic activity,” said Joel Kan, the MBA’s associate vice president of economic and industry forecasting. This is clearly a positive sign given the remarkably low levels of inventory on the market.”.

Mortgage 464

Mortgage Inventory Government Construction 464

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. Geneva Financial, founded in 2007 by Aaron VanTrojen, has more than 130 branch locations in 46 states, according to the firm.

Mortgage 382

Mortgage Construction Lending Real Estate 382

Housing Wire

MAY 4, 2022

This article is part of our housing market economic update series. At the end of this series, you can join us on May 10 for a Housing Market Update webinar. Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise.

Housing Market 334

Housing Market Finance Marketing Mortgage 334

Housing Wire

OCTOBER 7, 2022

Still, the global lender’s market capitalization is at about half of what it was at the start of the year and its earnings for the first half of the year are in the red. Adding to the global lender’s woes this week was investor speculation on social media questioning the bank’s stability. We believe the U.S.

Supply Chain 344

Supply Chain Mortgage Investors Business 344

Housing Wire

MARCH 29, 2023

“Securitization of HELOCs had been a small part of the RMBS [residential mortgage-backed securities] market in the pre-financial crisis period, but issuance was still relatively commonplace until 2007,” states a fall 2022 DBSR Morningstar report focused on the securitization market for HELOCs. to 2 points.”

Contracts 332

Contracts Lending Investing Investors 332

Housing Wire

SEPTEMBER 8, 2020

Adopting a “poison pill” strategy, Corelogic approved a shareholder-rights plan that prevents investors from acquiring 10% or more of the company’s common stock, or 20% in the case of certain passive investors. as of close of market on Friday, Sept. It’s unclear which way stockholders will vote. The vote on Nov.

Investing 282

Investing Investors Government Insurance 282

BiggerPockets

OCTOBER 4, 2021

Once the housing market started to slide in 2007, smart investors began buying, and waiting, for rock-bottom prices to kick in. Investors were buying homes in some of the best […].

Landlords 71

Landlords Investors Housing Market Marketing 71

Housing Wire

MAY 13, 2022

McGrath said some lenders, servicers and investors in the secondary market have threatened to stop operating in New York if the legislation is passed as-is. Investors that buy pools of loans – that will be the first domino that we will see fall in New York,” said McGrath.

Law 275

Law Legal Investors Government 275

Housing Wire

JANUARY 24, 2022

billion hit the market in the first two weeks of 2022, HousingWire reported last week , but that’s already old news. And it’s likely that even more deals will come to market prior to month’s end. Morgan, which accounted for some 18% of the market by volume in 2021. A total of 10 private-label deals valued at nearly $5.4

Mortgage 299

Mortgage Lending Finance Housing Market 299