Remove 2008 Remove Inventory Remove Investors Remove Lending
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The risk of zero-down loans while the Fed talks recession

Housing Wire

People’s first reaction was to wonder if this was 2008 all over again. Well, it isn’t 2008, but this type of loan does have risk — and it’s the risk that is traditional among all late economic cycle lending in America when the loan requires low or no downpayment. That is what has happened here in the U.S.

Inventory 543
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VRM takes a tailored approach to servicing and lending challenges amid uncertainty

Housing Wire

The complexities of serving borrowers under the CARES Act require lenders, servicers and investors to partner with a mortgage services provider who has the expertise and national network to provide high-touch support to its clients. We are a solution provider,” said Keith Murray, president and CEO of VRM. “We

Lending 292
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Why home-price growth is still up 18% year over year

Housing Wire

While the growth rate is cooling monthly, we are still in a savagely unhhealthy housing market trying to get national inventory levels back to pre-COVID-19 levels. Housing inventory issue with no booming demand. Nor can we ever have a credit sales boom again with lending standards back to normal. million listings.

Inventory 384
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F2 Finance wants to capitalize on a fragmented fix-and-flip market

Housing Wire

F2 Finance wants to scoop up a share of a “fragmented” fix-and-flip market as a lack of housing inventory sharply limits transactions. So fix-and-flip lending is directly helping that supply and demand issue in terms of creating new housing stock or upgrading what would otherwise be dilapidated housing stock,” Faes said.

Finance 334
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Opinion: Here’s the latest data on what Realtors are witnessing in the housing market

Housing Wire

The National Association of Realtors Research Group has produced the index since 2008, at a time of turmoil in the real estate market. As reported in the latest NAR Existing-Home Sales , inventory still remains in tight supply, which means homes are still moving at a fast past despite the recent rise in rates and home prices.

Realtors 388
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The forbearance crash bros spoke too soon

Housing Wire

Some of their biggest hits (or should I say misses) in the last 8 years have been the never-realized silver tsunami crash, the ever popular investor supply crash, the Airbnb supply crash, and this year, COVID-19 was for sure going to send prices crashing 30%-50%. We just need to look back to 2008 when we had over 10 million delinquent loans.

Inventory 545
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How the Fed’s rate hike will affect the housing market

Housing Wire

Consequently (it) will shrink the buyer pool,” Yun said, adding: “Sales could fall even further with some inventory sitting on the market for more than a month like in the pre-pandemic days.”. With investors asking for higher premiums to invest in assets caused by the expectation of higher U.S. The consumer-price index rose 8.6%