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 393

Mortgage Marketing Finance Insurance 393

Housing Wire

MAY 16, 2024

The subsequent housing market crash sharply reduced that number to an average of about 50,000 originations per year from the late 2010s through 2020. In its executive summary, the report found that the HECM program grew “substantially” during the 2000s and reached its height of 114,000 originations in 2009.

Development 314

Development Appraisal Property Appraisal Insurance 314

Housing Wire

APRIL 8, 2022

To take full advantage of the current market conditions, lenders and servicers must obsess over customer service. The bureau alleged that Ocwen botched “basic functions like sending accurate monthly statements, properly crediting payments and handling taxes and insurance.”. The CFPB did not immediately respond to a request for comment.

Law 382

Law Insurance Mortgage Marketing 382

Housing Wire

JUNE 7, 2022

Freddie Mac considers, among other things, the macroeconomic environment, overall CRT market condition and Freddie Mac risk management objectives.”. billion via five STACR and three Agency Credit Insurance Structure (ACIS) CRT deals. Eastern Standard Time on Monday, June 13. billion in risk from reference pools valued at $300.9

Investors 378

Investors Insurance Mortgage Marketing 378

Housing Wire

DECEMBER 24, 2020

The SPAC route got Porch onto the public market a full year earlier than would have been possible through a traditional IPO, said Matt Ehrichman, Porch’s CEO. ” Porch, founded in 2013, has had challenges on its journey to becoming a public company. . They’ll also focus on the home insurance industry.

Inspection 376

Inspection Insurance Finance Valuation 376

Housing Wire

OCTOBER 28, 2021

Just a few years ago, we were talking about shrinking the GSEs’ footprint, giving GSE charters to vertically integrated Wall Street banks, and giving these same Wall Street banks access to the GSEs’ Common Securitization Platform, which would have enabled them to dominate mortgage markets. Broader market considerations also come into play.

Mortgage 414

Mortgage Contracts Insurance Realtors 414

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. You’ll want to include the list price, sale price, and days on market. Many of us are in sellers’ markets with very low inventory.

Real Estate 406

Real Estate Open Houses Brokerage Real Estate Agent 406

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. 602 spot and the title of top-ranked team was North Syracuse, New York-based, The Tarry Team , which was founded in 2013 by Thomas Tarry. Several real estate teams also made the Inc.

Brokerage 370

Brokerage Real Estate Realty Real Estate Agent 370

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

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Investing Investors Government Insurance 324

Housing Wire

JANUARY 25, 2023

Market speculation that Wells Fargo is contemplating a huge bulk sale of mortgage servicing rights (MSRs) may well be a case of a rumor that is all hat and no cattle. Or it could signal a future MSR-market stampede. To date, no Wells Fargo bulk MSR public offering has surfaced, market observers say. of the entire $8.4

Buyers 376

Buyers Investing Mortgage Marketing 376

Realtor

AUGUST 1, 2018

But in the middle of this process, someone asked us how much our mortgage insurance would be. “Mortgage insurance?” You’re on the hook for mortgage insurance for the life of the loan. Let’s get into the first thing you’ll have to factor in with an FHA loan: mortgage insurance.

Inspection 136

Inspection Insurance Buyers Renovations 136

Housing Wire

MARCH 22, 2022

On the heels of completing its first credit insurance risk transfer (CIRT) deal of the year in early March, Fannie Mae has announced that it has executed two additional CIRT deals. . billion of mortgage credit risk to private insurers and reinsurers. “We The newest deals, CIRT 2022-2 and CIRT 2022-3, together transferred $1.8

Insurance 368

Insurance Mortgage Real Estate Investors 368

Realtor

AUGUST 1, 2018

But in the middle of this process, someone asked us how much our mortgage insurance would be. “Mortgage insurance?” You’re on the hook for mortgage insurance for the life of the loan. Let’s get into the first thing you’ll have to factor in with an FHA loan: mortgage insurance.

Inspection 78

Inspection Insurance Buyers Renovations 78

Housing Wire

JULY 22, 2022

Fannie Mae has executed two new Credit Insurance Risk Transfer (CIRT) deals — the seventh and eighth of 2022 — dubbed CIRT 2022-7 and CIRT 2022-8. The two transactions convey a combined $1 billion in mortgage credit risk to private insurers and re-insurers as part of the agency’s ongoing effort to share risk with the private sector.

Insurance 369

Insurance Mortgage Design Marketing 369

Housing Wire

JULY 29, 2022

With the completion of this eighth CAS transaction of 2022, Fannie Mae will have brought a total of 52 CAS deals to market since the program was started in 2013 , issued some $58 billion in notes, and transferred a portion of the credit risk to private investors on over $1.9

Insurance 366

Insurance Investors Mortgage Design 366

Housing Wire

FEBRUARY 3, 2022

The Decision Tree That Is The MBS Market. This white paper will discuss the MBS market and how lenders can use big data to compare loan prepayment performance. Freddie Mac’s CRT program was founded with its issuance of the first STACR notes in July 2013. It was introduced in November 2013. Presented by: Refinitiv.

Insurance 379

Insurance Investors Government Mortgage 379

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). Treasury in 2013. billion — possibly the highest ever recorded and just $15.6

Insurance 264

Insurance Mortgage Housing Market Government 264

Housing Wire

MAY 17, 2021

Although markets experienced a significant liquidity disruption in March 2020, questions remain about the strength of CRTs under stress. Freddie Mac implemented the CRT structure in 2013 to reduce the taxpayer’s exposure to its mortgage risks, shifting the risk of credit losses on the mortgages they insure onto investors.

Investors 349

Investors Insurance Mortgage Finance 349

Housing Wire

AUGUST 31, 2022

The offering totals were across the agency’s flagship Structured Agency Credit Risk (STACR) and Agency Credit Insurance Structure (ACIS) programs, along with other risk-sharing transactions. Through the A CIS transactions, a portion of the credit risk on mortgages backed by Fannie and Freddie is shifted to insurers in the private sector.

Insurance 370

Insurance Investors Mortgage Design 370

Housing Wire

JANUARY 11, 2022

Fannie Mae opened 2022 with its 45 th credit-risk transfer (CRT) deal through its Connecticut Avenue Securities (CAS) real estate mortgage investment conduit, or REMIC, bringing the collective value of notes issued through the conduit to nearly $52 billion since the first offering in 2013. In October, the agency made a $1.2

Investors 396

Investors Valuation Government Mortgage 396

Housing Wire

MARCH 21, 2022

“It should be noted that while the acceptability of a property value or sales price based on the use of proprietary models and market data is assessed, it does so without Fannie Me Mae having performed a property review or having obtained a valuation of the property.”. million of credit risk to a group of 22 private insurers and reinsurers.

Investors 370

Investors Insurance Valuation Mortgage 370

Appraisal Today

SEPTEMBER 30, 2022

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. But this is a massive deal for buyers in today’s market who are trying to afford a house.

Appraisal 52

Appraisal Inspection Easement Contracts 52

Housing Wire

APRIL 8, 2022

It should be noted that while the ACE program assesses the acceptability of a property value or sales price based on the use of proprietary models and market data, it does so without Freddie Mac having performed a property review or having obtained a valuation of the property,” the KBRA report states. “As

Valuation 379

Valuation Investors Mortgage Insurance 379

Appraisal Today

OCTOBER 14, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Reviews and Revisions, AMC layoffs, real estate market, unusual homes, mortgage origination stats, etc. ==. Utah’s Largest Home Hits the Market With a Bowling Alley and Lazy River for $17.5M, discounted from the initial $21 million listing last year.

Appraisal 52

Appraisal Insurance Real Estate Business 52

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.” The life-of-loan policy has always been at the heart of the debate about FHA premiums.

Insurance 414

Insurance Finance Mortgage Sellers 414

Housing Wire

MARCH 27, 2023

Fannie Mae announced on Monday that it has executed two new Credit Insurance Risk Transfer (CIRT) deals: CIRT 2023-2 and CIRT 2023-3. The deals, which include over $31 billion in single-family mortgage loans, are designed to reduce risk to taxpayers by increasing the role of private capital in the mortgage market.

Insurance 341

Insurance Design Mortgage Marketing 341

Simonson Real Estate

JANUARY 23, 2020

Labor costs continue to climb for retailers, both from cities and states raising minimum wage requirements and tight labor market. Often times, the tenant is able to rationalize these locations with part of the costs allocated for marketing. Blackstone and Prologis control 10% of the industrial market nationally. Industrial.

Real Estate 78

Real Estate Tenants Retail Valuation 78

GoForrmz

JULY 18, 2022

All the information from every patient visit, including the digital patient forms they fill out all the way to their payment and insurance information gets included in the ecosystem of big data. ” — Encore Health Resources (2013). As technology advances, new options for patient care technologies hit the market regularly.

Technology 148

Technology Training Law Insurance 148

Housing Wire

SEPTEMBER 21, 2021

The company said it expects to transfer mortgage credit risk via its Connecticut Avenue Securities and Credit Insurance Risk Transfer programs. The CRT structure, which Freddie Mac pioneered in 2013, shifts a portion of the risk of credit losses on the mortgages they back onto investors. The GSEs keep the riskiest tranche.

Investors 433

Investors Insurance Finance Business 433

Houston Properties

OCTOBER 1, 2021

See why the 2020-2021 housing market saw a boom during a year of human misery. Their knowledge of the market and trends by neighborhood made them trusted advisors and helped us negotiate the best prices. Fort Bend County Location: Forbes ranks Fort Bend County 5th in its 2013 America’s Fastest-Growing Counties list.

Real Estate Agent 41

Real Estate Agent Realtors Real Estate Agents 41

Housing Wire

NOVEMBER 4, 2022

There has been a flurry of recent articles prognosticating a decrease to Federal Housing Administration (FHA) insurance premiums. At least 137,000 of those borrowers have FHA-insured loans. FHA’s Mutual Mortgage Insurance Fund (MMI Fund) is there to be the primary buffer against these inevitable shifts in housing and the economy.

Insurance 395

Insurance Mortgage Development Valuation 395

Housing Wire

JUNE 7, 2022

The agencies’ major credit-risk transfer programs include Freddie Mac’s Structured Agency Credit Risk, or STACR, note offerings; and its Agency Credit Insurance Structure, or ACIS, transactions. The agencies pay monthly premiums in exchange for insurance coverage on a portion of the designated reference loan pools.

Insurance 391

Insurance Investors Mortgage Tools 391

Housing Wire

NOVEMBER 17, 2021

Simply put, it looks at all the insured loans in the single-family business and factors in expected interest rates, home price forecast, default rates and severity rates over the entire duration of these loans, some of which will be on the books for 30 years. What is the capital reserve ratio? Just look at HUD’s own data on FHA lending: 1.

Insurance 393

Insurance Mortgage Bracketing Government 393

Housing Wire

DECEMBER 10, 2020

While the housing market has been one of the few economic bright spots during the pandemic, HUD will play a central role in addressing a number of important challenges in the post-pandemic recovery, including how to resolve the mortgage forbearance afforded to more than 800,000 borrowers who have loans insured by FHA.

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