Appraisal Buzz

AUGUST 20, 2021

An analysis of HMDA data by the CFPB has found that closed-end originations increased in 2020 by 65.2%, with much of that spike due attributed to the refinance boom. The post Refis Propel Surge in Originations in 2020 appeared first on theMReport.com.

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Appraisal 370

Housing Wire

MARCH 25, 2021

billion in 2020 sales. Publicly traded virtual brokerage eXp Realty , which has grown fantastically, in part due to an unusual revenue-sharing agreement with agents, again placed third by transaction sides, with 238,981 in 2020. Its sales volume in 2020 climbed to $72.2 Its sales volume in 2020 climbed to $72.2

Brokerage 487

Brokerage Realty Real Estate Agents 487

Housing Wire

JANUARY 6, 2021

2020 has certainly been a year to remember. Before we repress these 2020 memories, let’s dive into how this pandemic has created housing disruption in a number of areas of the industry, providing us all a nudge toward trying new processes and technologies that we maybe have assumed were still a few years away.

Housing Market 446

Housing Market Technology Marketing Mortgage 446

Housing Wire

DECEMBER 31, 2020

HW : You start your commentary with a bold prediction: The 2021 housing market will be stronger than 2020. Get $75 off your initial membership with coupon code “intro75” The post The 2021 housing market will be stronger than 2020 appeared first on HousingWire. This article has been lightly edited for length and clarity.

Housing Market 546

Housing Market Marketing Mortgage Real Estate 546

Appraisal Buzz

JULY 20, 2022

Breaking … The post First Mortgage Default Rate at Highest Since September 2020 appeared first on DSNews. The post First Mortgage Default Rate at Highest Since September 2020 appeared first on Appraisal Buzz.

Mortgage 358

Mortgage Appraisal 358

Housing Wire

JANUARY 29, 2021

Over $4 trillion in originations made its way through the housing market last year, and new data from mortgage software firm LBA Ware revealed that by the end of 2020, loan officers played every last card in their deck to get those deals closed by New Years. The post Loan officers made insane money in Q4 2020 appeared first on HousingWire.

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Loan Officers Housing Market Valuation Design 395

Housing Wire

DECEMBER 14, 2020

For perspective, I am starting with the condition of the 2020 housing market before the first infections. Before COVID-19, in the first two months of the year, the 2020 housing market appeared on a powerful upswing. But the 2020 U.S. The one downside of the 2020 housing market is the rapid home-price growth.

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Housing Market Government Marketing Mortgage 545

Housing Wire

DECEMBER 7, 2022

The Consumer Financial Protection Bureau stated on Tuesday that it will be lenient when enforcing changes made in the 2020 Home Mortgage Disclosure Act Final Rule on the closed-end loan reporting threshold. On September 23, 2020, the U.S.

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Mortgage Lending Investors Housing Market 369

Housing Wire

AUGUST 18, 2020

Realtor.com released its hottest ZIP codes of 2020 report on Tuesday, which revealed that more towns in the Northeast made the list than last year. The post Here are 2020’s hottest housing markets according to ZIP code appeared first on HousingWire.

Housing Market 505

Housing Market Marketing Real Estate 505

Housing Wire

FEBRUARY 25, 2021

billion in profits for 2020. “Rocket Companies’ record-breaking fourth quarter and full year 2020 results demonstrate the sheer power of the technology platform we have built and refined for more than two decades,” Jay Farner, Rocket Companies’ vice chairman and CEO, said in a statement on Thursday.

Mortgage 427

Mortgage Real Estate Agent Technology Real Estate 427

Housing Wire

APRIL 13, 2021

Across the mortgage industry, revenues swelled to record highs in 2020. According to recent data from the Mortgage Bankers Association , IMBs and mortgage subsidiaries averaged around $4,202 profit on each loan in 2020, compared to $1,470 per loan in 2019. But 2020 is going to be a tough year to beat, largely due to the dip in refis.

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Valuation Mortgage Marketing Housing Market 370

Housing Wire

MAY 3, 2021

billion for the first quarter 2021 — up from only $764 million in the first quarter of 2020. Income was reported at $502 million, a huge recovery from the first quarter of 2020 when Old Republic reported a loss of $605 million. increase from the first quarter of 2020. million registered during Q1 2020. billion, a 12.4%

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Insurance Real Estate Investing Marketing 383

Housing Wire

FEBRUARY 9, 2021

That follows a startling trend of high vacation home demand, continuing an eight-month streak of more than 80% and includes a peak of 118% year-over-year in September 2020. ” The post Vacation home demand soared in 2020 appeared first on HousingWire. million receiving bids in the summer.

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Home Value Brokerage Contracts Agents 395

Housing Wire

SEPTEMBER 15, 2020

in 2020 and 2.7% The post Mortgage lending volume in 2020 likely to break records appeared first on HousingWire. Sales of existing homes probably will total 5.3 million, down 0.4%, Fannie Mae said. That’s an improvement from the drop of 4.5% the mortgage company forecast last month. The annual average U.S.

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Lending Mortgage Realtors Housing Market 545

Housing Wire

JUNE 11, 2021

RealTrends , which is owned by HW Media , on Friday released its annual list of the top 1,000 agents in the country for 2020, with separate tallies for sales volume and the number of deals done. The agent reported 6,409 transaction sides in 2020 for a deal volume of $2.2 Unless, that is, you are at the very top of the profession.

Agents 427

Agents Brokerage Realty Real Estate 427

Housing Wire

JANUARY 26, 2021

Between June and July 2020, the largest portion of borrowers exiting forbearance were those who never stopped paying their mortgage in the first place. The post What 2020’s top forbearance exit trends mean for servicers appeared first on HousingWire. There have been three main forbearance exit trends since June. Already a member?

Mortgage 511

Mortgage 511

Housing Wire

MAY 16, 2022

According to Marina Walsh, vice president of industry analysis at MBA, the pace of monthly forbearance exits in April reached its lowest level since June 2020, when the association first started tracking exits. The post Forbearance rate drops below 1%, lowest level since June 2020 appeared first on HousingWire.

Mortgage 417

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Housing Wire

SEPTEMBER 24, 2020

The 2020 list of HousingWire Vanguard potential candidates was more competitive than ever before. One of the 2020 HousingWire Vanguards, William Lyons, appeared on season 4 of Shark Tank to ask for an investment on his real estate investing website. On any other given year, many would have easily won – but this was not any other year.

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Real Estate Investing Business Mortgage 321

Housing Wire

DECEMBER 1, 2020

The portal received a 2020 Stevie Award for Top FinTech solution. The post 2020 HW Tech Trendsetter: Lindsay Bhandari appeared first on HousingWire. With a focus on continuous learning and improvement, she believes “Nothing is a failure, rather it is a learning opportunity.”

Technology 373

Technology Development Business Marketing 373

Housing Wire

NOVEMBER 30, 2020

Demand for housing was strong in early 2020, before the COVID-19 crisis hit. Instead of a housing crash, as many others predicted would be the lasting consequence of shut-down policies and massive job losses across the nation, the opposite happened as the 2020 U.S.

Housing Market 543

Housing Market Marketing Mortgage 543

Appraisal Buzz

JUNE 25, 2021

The post iBuying ‘Up to Full Speed’ Following 2020 Pause appeared first on theMReport.com. The post iBuying ‘Up to Full Speed’ Following 2020 Pause appeared first on Appraisal Buzz.

Agents 322

Agents Appraisal 322

Housing Wire

SEPTEMBER 8, 2021

The Office of the Comptroller of Currency announced today that it is moving to gut the controversial Community Reinvestment Act (CRA) rule issued in 2020. The post OCC moves to rescind 2020 version of CRA rule appeared first on HousingWire.

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Modernization Insurance Lending Development 405

Housing Wire

DECEMBER 30, 2020

Mortgage rates would fall to record lows 16 times throughout 2020, with origination volume expected to eclipse $4 trillion. July also reported that thanks to low rates, the second quarter of 2020 experienced a 12-year high in homeownership. By the end of 2020, only Guild and Rocket actually entered the public markets.

Mortgage 545

Mortgage Investors Housing Market Marketing 545

Housing Wire

APRIL 13, 2021

. “The true test of whether 2020 volume represents a unique event will be whether the historically low inventory of homes for sale continues into the summer,” Tomb said. Just how fruitful was 2020 for title insurers? billion written in 2020 was a nearly 22% increase from the $15.8 billion in 2019. of the market.

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Insurance Inventory Marketing Mortgage 370

Housing Wire

DECEMBER 11, 2020

The post Tiny homes are big winners in 2020 appeared first on HousingWire. Vermont, New Hampshire, Maine, Wyoming, Washington, Idaho, Montana, Oregon, Rhode Island and Alaska were the states with the most sales, Nathanson said. Washington has the highest population of that group, per the most recent census, of approximately 7.6

Real Estate 487

Real Estate Investing Business Finance 487

Housing Wire

JUNE 25, 2021

That number then steadily dropped, bottoming out at 825 in the second quarter of 2020 after COVID-19 was officially declared a pandemic. But iBuying companies resumed business in full in May and June of 2020 as housing demand began to rebound, thanks to record-low mortgage rates and a wave of relocations made possible by remote work.

Renovations 437

Renovations Marketing Buyers Inventory 437

Eyes on Housing

APRIL 23, 2024

Based on new demographic analysis of 2020 Census population counts, the Census Bureau estimates that children between the ages of 0 to 4 were undercounted by over one million. This age range is historically undercounted in the population surveys but with the addition of conducting the decennial census in the midst of a pandemic, the.

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Housing Wire

MARCH 25, 2021

billion in 2020 sales. Publicly traded virtual brokerage eXp Realty , which has grown fantastically, in part due to an unusual revenue-sharing agreement with agents, again placed third by transaction sides, with 238,981 in 2020. Its sales volume in 2020 climbed to $72.2 Its sales volume in 2020 climbed to $72.2

Brokerage 362

Brokerage Realty Real Estate Agents 362

Housing Wire

NOVEMBER 24, 2020

This year’s 2020 list of Housingwire Tech Trendsetters certainly earned their status as the housing industry was met with incredible challenges and new opportunities. One of the 2020 Tech Trendsetters, Kallol Das worked quickly to shift digital lending tech provider Blend’s product roadmap to its rapidly-changing client needs.

Modernization 267

Modernization Housing Market Lending Clients 267

Housing Wire

DECEMBER 2, 2020

Prior to 2020, the mantra around the mortgage industry going back to 2016 was that launching a new “digital experience” was the equivalent to table stakes in poker. Among the advancements of the past four years, moving mortgage processing into the cloud is arguably what saved the mortgage industry from disaster in 2020.

Mortgage 401

Mortgage Lending Technology Modernization 401

Housing Wire

SEPTEMBER 16, 2020

The title industry experienced quite a rush in the second quarter of 2020 with $4.18 1 spot with an estimated $562 million in the second quarter – though no surprise as Realogy Title Group and Notarize reported a 200% spike in remote online notarizations in the first half of 2020 with demand particularly strong in Florida and Texas.

Insurance 407

Insurance Marketing 407

Housing Wire

DECEMBER 1, 2020

The post 2020 HW Tech Trendsetter: Jeff Allen appeared first on HousingWire. As part of the Clear Capital leadership team, Allen envisions a future with same-day property approval on new loans and a seamless process from the initial real estate transaction all the way through to secondary market decisions.

Valuation 335

Valuation Real Estate Modernization Appraisal Process 335

Housing Wire

SEPTEMBER 30, 2020

Based on analysis of Venture Scanner data, a report from the Deloitte Center for Financial Services predicts 2020 proptech funding could decline to $7.3 – $8.3 Earlier this month, FinLedger reported that proptech funding had declined by about 6% in the first half of 2020, according to a report from the U.S.

Property Management 370

Property Management Real Estate Business Technology 370

Housing Wire

MAY 17, 2021

million – officially less than half of the survey’s recorded high in June of 2020. of all exits for the period from June 1, 2020, through May 9, 2021. The post Mortgage forbearance numbers officially half of 2020’s peak appeared first on HousingWire.

Mortgage 360

Mortgage Investors Marketing 360

Appraisal Buzz

JUNE 18, 2021

The post New Dataset Examines 2020 Homebuying Trends appeared first on DSNews. The post New Dataset Examines 2020 Homebuying Trends appeared first on Appraisal Buzz.

Appraisal 195

Appraisal 195

Housing Wire

MARCH 30, 2021

The post How 2020 is still shaping the way lenders use data appeared first on HousingWire. The company recently launched a new visualization and analytics tool, enabling users to interact directly with its publicly released data set right from its website. The Radian HPI is released every month and can be viewed at Radian.com/HPI.

Tools 427

Tools Modernization Housing Market Real Estate 427

Housing Wire

SEPTEMBER 8, 2021

The aftermath of 2020’s surge in demand lingered around in 2021, but between extra staffing, a pandemic that forced everyone to work from home and a shift in where the need is, the mortgage workforce is going to have to make some changes heading into next year. The post Can the mortgage workforce demands of 2020 stand the test of time?

Mortgage 381

Mortgage Loan Officers Tools 381