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Non-QM lender NewFi launches correspondent lending channel

Housing Wire

Newfi is leading the way in terms of innovation and service for these originations,” Dan Bayer, SVP of non-QM development and strategy, said in a statement. But at times when overall industry transactions are dwindling, non-QM loans allow originators to serve a largely untapped market and expand their offerings to realtors and borrowers.

Lending 340
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Amy Wallick Sworn in by Massachusetts Association of REALTORS® as 2024 President

Lamacchia Realty

October 26, 2023 – At the annual 2024 Massachusetts Association of REALTORS® Installation of Officers & Directors held at the Danversport Yacht Club on Thursday, October 26 th , Amy Wallick was sworn in as MAR President. This experience has provided her with a comprehensive grasp of the Association from multiple perspectives.

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Three in four baby boomers don’t use homebuyer resources

Housing Wire

Department of Housing and Urban Development , have become essential for borrowers of all ages as higher interest rates and down payment requirements have eaten into affordability. NeighborWorks outlined potential solutions for members of this age group who wish to purchase a home or stay in their current residence.

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Amy Wallick Sworn in as Massachusetts Association of REALTORS® 2023 President-Elect

Lamacchia Realty

December 8, 2022 – The Massachusetts Association of REALTORS® Board of Directors have officially sworn in Amy Wallick as the 2023 President-Elect. Amy, a REALTOR® out of our Beverly branch office , will be MAR President in 2024. “I Amy Wallick. I am so proud of Amy. Congrats Amy!”. Anthony Lamacchia. Broker/Owner.

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Rising home prices take a toll on pending home sales

Housing Wire

in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. Realtors cited a combination of high demand and low inventory, which are making conditions more competitive and exerting upward pressure on prices. compared to a year ago.

Realtors 532
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The mortgage rate lock-in didn’t start in 2022

Housing Wire

The National Association of Realtors , via its Seasonally Adjusted Annual Rate of Existing Home Sales series, reported that the peak home sales volume of 6.6 Researchers developed a framework for estimating the number of home sales in 2024 based on the current levels for mortgage rates. The lock-in didn’t start in 2022 when rates rose.

Mortgage 366
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Multiple Lamacchia REALTORS® Inducted to 2022 RACM Board of Directors

Lamacchia Realty

On December 3 rd , The REALTOR® Association of Central Massachusetts (RACM) held its annual Installation ceremony at Polar Park in Worcester and multiple Lamacchia REALTORS® were inducted to the board! He shifted his work to the Company’s Business Development team in 2018 and in 2019 and was promoted to Business Development Manager.