Housing Wire
NOVEMBER 9, 2020
While the state of the market shines brightly for prospective buyers and sellers, the economy overall is showing some slight hesitation. The post Buyers and sellers agree: it’s a good time to enter the housing market appeared first on HousingWire. But that does still leave an estimated 11.1 million Americans unemployed.
Housing Wire
MARCH 18, 2022
My concern now is that some sellers are feeling stressed about this market, which should never happen because this is the best seller market ever. However, a seller is also a natural homebuyer, unless they’re an investor. You can see why some sellers are stressed now. People who sell need to live somewhere.
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Housing Wire
MARCH 29, 2021
PHH relaunched its correspondent lending business in 2019 after backing out in 2016, citing subpar profitability and it’s intentions to reduce its investment in mortgage-servicing rights portfolio. It also nearly tripled its seller base at the end of 2020, compared to the prior year, and continues to add new correspondent sellers.
Housing Wire
MAY 2, 2023
And there’s another thing that separates the housing market from other markets — the buyer is often also the seller. In most markets, the seller, or supplier, makes their decision about adding supply to the market independent of the buyer, or source of demand, and their decision to buy. years in March 2023, according to recent data.
Housing Wire
JANUARY 24, 2023
California lender New American Funding has partnered with EasyKnock, a New York startup that buys homes and rents them back to sellers, allowing clients to access their home equity through non-traditional means. EasyKnock, which was founded in 2016, operates in 50 states with more than 120 employees and targets middle-class homeowners.
Housing Wire
JUNE 24, 2021
If the all-cash offer wins, the home is purchased from the seller and reserved until the loan is ready to close. The all-cash contract signed between Accept.inc and the seller is still contingent on a satisfactory inspection that can be negotiated between the buyer and agent. The trio closed a $7 million seed round in 2019.
Housing Wire
FEBRUARY 9, 2023
Northpointe became an approved seller and servicer for Freddie Mac in 2013, Fannie Mae in 2014 and Ginnie Mae in 2016. Last year, Northpointe expanded its home loan centers in eight states — Arizona, California, Florida, Georgia, Hawaii, Minnesota, Nevada and Texas, according to a release from Northpointe in October.
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