Housing Wire

JANUARY 9, 2024

Approved by the Nationwide Multistate Licensing System (NMLS) since 2009, MEC specializes in online mortgage and financial services professional development. MEC prides itself as a “one-stop online resource for all things mortgage training and education.”

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Housing Wire

JANUARY 20, 2022

Right after the Great Recession, between 2009 and 2011, buyers viewed a median of 12 homes before purchasing, as inventory was plentiful. From 2009 to 2013, buyers spent more than 12 weeks looking for a home, but in 2021, they searched for just eight weeks, according to NAR.

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Buyers Inventory Open Houses Technology 417

Housing Wire

APRIL 16, 2024

The data spanning from 2009 to 2023 reveals a notable correlation between the total real estate transactions in the USA, termed national transactions , and the movement of agents between brokerages. Generally, as national transactions increase, there is a corresponding rise in the number of agents transitioning to different brokerages.

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Real Estate Agent Real Estate Agents Brokerage 446

Housing Wire

MAY 26, 2022

Today, however, the purchase application data is actually down to levels we saw in 2009 ! How can housing inventory be so low today when it skyrocketed back in 2009? The post Purchase apps are at 2009 level: where’s the inventory? If you connect the lines, you can see where we are on a historical basis.

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Inventory Housing Market Construction Marketing 521

Housing Wire

APRIL 18, 2023

His past roles include chief product and operations officer at Collateral Analytics , a firm he founded in 2009 and was later acquired by Black Knight in 2020. He most recently served as Black Knight ‘s vice president of product development and innovation, a position he held for more than three years.

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Inspection Real Estate Real Estate Agent Renovations 370

Housing Wire

MAY 5, 2022

Mortgage rates surged to 5.27% over the last week, the highest average since 2009, according to the latest Freddie Mac PMMS. Mortgage rates resumed their climb this week as the 30-year fixed reached its highest point since 2009,” Khater said in a statement. A year ago at this time, 30-year fixed-rate purchase rates were at 2.96%.

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Mortgage Buyers Government Lending 370

Inman

JUNE 2, 2023

in the Boerum Hill neighborhood is in the building eulogized by the rapper as his former "stash spot" in his 2009 hit "Empire State of Mind." The two-bedroom apartment at 560 State St.

Real Estate 146

Real Estate 146

Appraisal Buzz

JULY 18, 2022

from the prior year and the fewest number of homes bought since 2009, when NAR began tracking this data. Foreign buyers purchased $59 billion worth of U.S. existing homes from April 2021 through March 2022, an 8.5% increase from the previous 12-month period and stopping a three-year skid in foreign investment in U.S.

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Housing Wire

OCTOBER 14, 2021

From 2009 to 2019, the share of recent buyers who are 60 years and old grew 47% , while the share of recent buyers ages 18-39 fell by 13%. In addition, the median age of a homebuyer who completed their purchase within the past year rose from 40 in 2009 to 44 in 2019. Over the same time period, home values grew 31.2%.

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Buyers Housing Market Real Estate Agent Real Estate 539

Appraisal Buzz

JUNE 20, 2022

The housing market cooled considerably as mortgage rates climbed to their highest levels since 2009. Home prices rose 1.5% month over month in May, their smallest increase of any May in Redfin’s records, which go back to 2012, according to a new report from Redfin.

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Mortgage Housing Market Appraisal Marketing 195

Appraisal Buzz

NOVEMBER 30, 2021

trillion in equity gains—but this rise has been overshadowed by an asset that has only existed since 2009: Bitcoin. The housing market’s unfettered rise over the last year has been nothing but historic as homeowners have now realized over $2.9

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Appraisal 195

Appraisal Buzz

NOVEMBER 30, 2021

trillion in equity gains—but this rise has been overshadowed by an asset that has only existed since 2009: Bitcoin. The housing market’s unfettered rise over the last year has been nothing but historic as homeowners have now realized over $2.9 Since it’s inception, … The post Is Selling your Home for Bitcoin a Wise Move?

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Appraisal 195

Housing Wire

JUNE 18, 2021

In an economic outlook panel at HousingWire’s Engage.marketing event on Thursday, Duncan explained that in the 2007 to 2009 downturn, the industry went from building 2.2 It’s going to take all of them. million units to 600,000, and stayed around that level for three years.

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Supply Chain Housing Market Marketing Inventory 417

Appraisal Buzz

JULY 18, 2022

While NAR found an uptick in homes purchased by international buyers over the past year, that total declined to 98,600, the fewest number of sales recorded by this segment since 2009. The post Foreign Buyers Rebound, Purchase Nearly $60B in U.S. Properties appeared first on DSNews. The post Foreign Buyers Rebound, Purchase Nearly $60B in U.S.

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Buyers Appraisal 150

Appraisal Buzz

SEPTEMBER 10, 2021

He has also held numerous positions on the executive committee of the New York State Land Title Association, including president in 2009-10, and is a proud member of the Charitable Works Committee for the past. During his career, Piccirillo has held executive roles with major underwriters helping them grow their agency footprint.

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Real Estate Appraisal 195

Housing Wire

JANUARY 20, 2023

In 2009, Bilbrey received an Honorary Membership from ALTA. “We are very grateful for his long and distinguished service and wish him well on this next adventure with his family.” In addition to serving as Old Republic’s CEO, the industry veteran was ALTA’s president in 2005.

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Insurance Investors Marketing 383

Housing Wire

MARCH 5, 2024

border as of 2009. We want to help them fight back against the stereotype and the scammers by providing them with even more education to help keep their scam-sense sharp.” According to Canadian news outlet CBC News , 90% of Canadians live within 100 miles (or 160 kilometers) of the U.S.

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Design Finance Technology Mortgage 417

Housing Wire

MAY 10, 2023

Founded in 2009, ValueLink Software provides valuation management technology for lenders, appraisal management companies, and appraisers. The company’s goal is to provide customers with an understanding of every U.S. property through field valuation services and analytics tools while improving their workflows with platform technologies.

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Valuation Modernization Technology Appraisal 383

Housing Wire

AUGUST 8, 2023

With an ongoing tight supply of existing homes for sale on the market, the ESR group expects overall home sales in 2023 to remain near the lowest annual level since 2009.

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Housing Market Marketing Mortgage Finance 370

Housing Wire

FEBRUARY 6, 2023

She then moved on to PNC/National City Mortgage ( PNC acquired it in 2008) as a mortgage originator, and then was promoted to sales manager in Ohio and finally, to branch manager in 2009.

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Legal Mortgage Lending Buyers 382

Housing Wire

JUNE 5, 2023

Prior to serving as HUD Secretary from 2009 to 2014, Donovan served as the New York City Department of Housing Preservation and Development commissioner under Mayor Michael Bloomberg. Coming to Enterprise is, in a way, coming home for me,” Donovan said in a statement.

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Transportation Development Training Investing 370

Housing Wire

FEBRUARY 9, 2023

Headquartered in Dallas and founded in 2009, Town Square reached $805 million in volume in the last 12 months, the Modex data shows. Founded in 1993, Chicago-based direct lender American Portfolio reached $685 million in volume over the last 12 months, according to the mortgage tech platform Modex.

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Mortgage Retail Loan Officers Lending 370

Housing Wire

OCTOBER 5, 2023

in 2008 and 2009. The real estate market in China, both commercial and residential, have been unwinding over the last few years. Like a slow-motion train wreck at first, it is now definitively off the rails and heading over a cliff. Following a pattern eerily similar to the U.S.

Real Estate 427

Real Estate Housing Market Marketing Investors 427

Appraisal Buzz

MAY 5, 2022

Mortgage rates resumed their climb this week as the 30-year fixed reached its highest point since 2009,” says Sam Khater, Freddie Mac’s chief economist. Freddie Mac has released the results of its Primary Mortgage Market Survey (PMMS), showing that the 30-year fixed-rate mortgage averaged 5.27% with an average 0.9

Mortgage 150

Mortgage Appraisal Marketing 150

Housing Wire

NOVEMBER 1, 2022

Mortgage Coach, founded in 2009 and based in California, offers an interactive borrower education platform that lets loan officers guide borrowers through a visual presentation of their loan options. The goal is to help drum up business for lenders during an extremely challenging time in the industry. .

Mortgage 427

Mortgage Project Management Insurance Loan Officers 427

Housing Wire

MAY 11, 2022

Conventional, Federal Housing Administration (FHA) and Veterans Affairs (VA) purchase loan application volume led the gain in mortgage application volume even as mortgage rates rose to 5.53%, marking the highest since 2009, according to Joel Kan, MBA’s associate vice president of economic and industry forecasting.

Mortgage 427

Mortgage Contracts Retail Buyers 427

Housing Wire

AUGUST 27, 2021

Graduating in late 2009, which was not an ideal time to join the workforce, I Initially intended to sit for the certified public accountant exam, but after thorough research and understanding of what my life would look like working for a “Big Four”, I was not convinced.

Mortgage 446

Mortgage Business 446

Housing Wire

DECEMBER 4, 2022

While still relatively low among conforming loans, the early payment default rate – which captures mortgages that have become delinquent within six months of origination – rose among FHA loans to reach its highest level since 2009, excluding the months in the immediate wake of the pandemic, the report said. .

Mortgage 383

Mortgage Inventory 383

Mortgagebroker News

FEBRUARY 15, 2023

The national housing market continues to cool

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Housing Market Marketing 69

Housing Wire

MAY 18, 2022

“Mortgage applications decreased for the first time in three weeks, as mortgage rates — despite declining last week — remained over two percentage points higher than a year ago and close to the highest levels since 2009,” Joel Kan, associate vice president of economic and industry forecasting at MBA, said in a statement.

Mortgage 395

Mortgage Contracts Retail Marketing 395

Housing Wire

AUGUST 27, 2020

That 10% would match the worst month of the Great Recession: October of 2009. Next week, the Labor Department will report the unemployment rate for the month of August. Economists surveyed by Trading Economics said they expect the rate to fall to 10% from 10.2%. percent by December,” the forecast said.

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Marketing 416

Housing Wire

OCTOBER 21, 2020

“Yes, it’s come down to 10 million, but look at how that compares again to the peak in 2009 of 6.6 However, due to the narrow industry focus of the job losses, this downturn has proved much different than what the economy saw in 2009. million,” he said. This has just been a tremendous negative shock for the economy as a whole.”.

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Mortgage Inventory Housing Market Construction 407

Housing Wire

NOVEMBER 7, 2022

That is – by far – the largest quarterly decline on record by dollar value, and the largest since 2009 on a percentage basis. “In the span of just three months, U.S. mortgage holders saw a total of $1.3 trillion in newly acquired equity evaporate,” said Ben Graboske, president of Black Knight Data & Analytics.

Housing Market 370

Housing Market Marketing Home Value Mortgage 370

Housing Wire

APRIL 27, 2022

Mortgage rates are now firmly above the 5% mark , at the highest level since 2009, depressing both purchase and refinance applications. Interest in residential mortgage loans fell 8.3% Borrowers who are still planning to get a loan are increasingly interested in adjustable-rate mortgages (ARMs). . from a year ago.

Housing Market 383

Housing Market Mortgage Marketing Retail 383

Eyes on Housing

JUNE 10, 2021

It marks the largest increase since June 2009. The Bureau of Labor Statistics (BLS) reported that the Consumer Price Index (CPI) rose by 0.6% in May on a seasonally adjusted basis, following an increase of 0.8% Excluding the volatile food and energy components, “core” CPI. Read More ›

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Housing Wire

MARCH 13, 2023

After spending about 20 years as a banking lawyer, Mayopoulos joined Fannie Mae in 2009 as general counsel and corporate secretary of the government-sponsored enterprise — shortly after it was taken over by the federal government at the height of the financial crisis. LendingClub’s mission is to transform the banking system.

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Insurance Government Design Finance 383

Housing Wire

APRIL 9, 2024

Population trends WSFS did in fact have a national reverse mortgage-focused subsidiary, 1st Reverse Financial Services , but elected to wind it down and shutter it in 2009. Since Ruben joined the organization, reverse mortgages have not been a major focus of the company, he said.

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Mortgage Tools Brokerage Government 417