Housing Wire

SEPTEMBER 16, 2021

When it comes to housing and mortgage markets this fall, most attention is being focused on the expiration of eviction and foreclosure moratoria and the pending completion of forbearance terms for many homeowners. Note that some of these loans in the foreclosure inventory may have been so prior to the pandemic. Exhibit 4.

Mortgage 481

Mortgage Inventory Investors Design 481

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 521

Mortgage Marketing Retail Lending 521

Housing Wire

SEPTEMBER 28, 2020

This growth in demand is consistent with what I have been saying for many years – that if interest rates stayed low, good housing demographics in the years 2020 to 2024 would substantially drive up demand for housing, including new home sales, which will be the only period where we would start a year at 1.5 We haven’t started a year yet at 1.5

Inventory 528

Inventory Buyers Mortgage Housing Market 528

Housing Wire

NOVEMBER 30, 2020

According to Joel Kan, the Mortgage Bankers Associations assistant vice president of economic and industry forecasting, that robust year-over-year improvement in activity is a sign the market will continue to see sustained demand for housing through the end of 2020. Presented by: Fannie Mae.

Realtors 533

Realtors Inventory Contracts Development 533

Housing Wire

JUNE 22, 2021

from May 2020 ($283,500). “Lack of inventory continues to be the overwhelming factor holding back home sales, but falling affordability is simply squeezing some first-time buyers out of the market,” said Lawrence Yun, NAR’s chief economist. Total housing inventory at the end of May grew to 1.23 months in May 2020.

Inventory 417

Inventory Buyers Realtors Housing Market 417

Housing Wire

OCTOBER 2, 2020

Texas-based mortgage lender Caliber Home Loans is the latest mortgage firm to ride the IPO wave, filing paperwork to potentially go public this year at a valuation north of $2 billion, according to a new report. It originated about $36 billion in mortgages during the first half of the year, according to Inside Mortgage Finance.

Valuation 402

Valuation Retail Mortgage Inventory 402

Housing Wire

JANUARY 17, 2024

New home construction exploded early in the pandemic as soaring home demand squeezed existing inventory nationwide, giving homebuilders a much bigger share of a shrinking pie. High mortgage rates and home prices quelled the surge in buyer demand, and time seems to have moderated the supply chain shocks.

Construction 461

Construction Supply Chain Transportation Buyers 461

Housing Wire

MAY 13, 2021

Mortgage applications for new homes dropped 9% in April from March, however, overall applications are still up a whopping 30.8% year over year for homebuilders, according to the latest survey report from the Mortgage Bankers Association. The MBA’s mortgage credit availability index increased in April to 128.1

Construction 461

Construction Government Inventory Mortgage 461

Housing Wire

JUNE 8, 2021

EnerBank says it works with 10,000 contractors and develops personalized loan programs for their clients. In 2020 it acquired equipment finance lender Ascentium Capital and a year prior picked up institutional investment firm Highland Associates. billion in volume in 2020. in 2021 to $433 billion.

Renovations 399

Renovations Home Improvement Marketing Finance 399

Housing Wire

JANUARY 29, 2024

After nearly three years of doom and gloom in the mortgage industry, housing experts — including Fannie Mae economists — are expecting interest rates to ease. Connie Kim : Fannie Mae calls for mortgage rates to dip below 6% by the end of this year. How much will the inventory shortage contribute to the rise in home prices this year?

Housing Market 454

Housing Market Marketing Mortgage Investors 454

Housing Wire

JULY 27, 2021

Here are three ways one lender is working with borrowers in different circumstances, creating opportunities to open up inventory. Home prices rose 18% from May 2020 to May 2021. This dynamic confluence of housing developments is helping keep price growth in check as we approach August.” Presented by: Acra Lending.

Housing Market 383

Housing Market Inventory Finance Buyers 383

Housing Wire

AUGUST 5, 2022

When I wrote the America is back recovery model on April 7, 2020, and then retired it on Dec. 9, 2020, I knew one data line would lag the most: jobs! Well, I was off by two months: Today, the BLS reported that 528,000 jobs were created with positive revisions of 28,000, which gave us just enough to pass the February 2020 levels.

Development 545

Development Housing Market Marketing Business 545

Housing Wire

MAY 11, 2021

The San Francisco-based instant homebuyer announced a net income loss of $270 million on Tuesday, a 421 percent jump compared to the first quarter of 2020’s $62 million deficit. The Q1 2021 loss approached Opendoor’s $280 million net income loss for all of 2020. And by some secondary measurements, Opendoor is growing.

Real Estate Agent 366

Real Estate Agent Real Estate Brokerage Inventory 366

Housing Wire

APRIL 19, 2021

Last year, Laura Grannemann’s dedication to providing Americans with access to safe and affordable housing earned her a spot as one of HousingWire’s 2020 Women of Influence. Today, her passion is still apparent in the work that she’s doing to help those in underserved communities own homes and build wealth. .

Property Taxes 390

Property Taxes Inventory Tools Clients 390

Housing Wire

JUNE 23, 2021

With low housing inventory and rapid home-price growth, homeownership can seem less and less attainable for several groups of potential homebuyers. Record-high demand for homes coupled with historically low inventory has driven prices up precipitously. According to the Radian Home Price Index , home prices rose 9.2%

Housing Market 416

Housing Market Marketing Construction Insurance 416

Housing Wire

APRIL 7, 2021

Inversely, data from Zillow showed for-sale inventory climb the highest in four major real estate markets – Los Angeles, Chicago, San Francisco, and New York. markets; by December 2020, prices were already up 23.6% While moving itself can be stressful, changing zip codes in 2020 and 2021 seems to be eliciting mostly happiness.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Housing Wire

JUNE 1, 2022

According to the Mortgage Bankers Association (MBA), total loan production expenses increased to an all-time high of $9,470 per loan in the fourth quarter of 2021. The ALTA Registry is a unique real estate utility created specifically for the mortgage industry and service providers.

Insurance 405

Insurance Real Estate Agents Technology 405

Housing Wire

FEBRUARY 1, 2023

Rob Nunziata , co-CEO and co-founder of Florida-based FBC Mortgage , says one mortgage sweetener that holds out some promise for making houses more affordable for a broader swath of borrowers is the temporary rate buydown. “It Nobody was doing buydowns in 2020 and 2021 [when 30-year fixed mortgage rates were in the 3% range].

Marketing 407

Marketing Government Mortgage Sellers 407

Cleveland Appraisal Blog

OCTOBER 14, 2021

At that time, the handful of bad appraisers doing this kind of thing were also getting a lot of business from lenders and mortgage companies, because they were hitting the numbers, while honest appraisers were beginning to lose business. It is interesting that inventory levels were increasing rapidly in the years leading up to 2008.

Inventory 243

Inventory Market Value Appraisal Contracts 243

Housing Wire

SEPTEMBER 12, 2023

Shannon Hoff, a California-based branch manager at American Pacific Mortgage (APM), finds herself both enthusiastic and cautious as she assesses the prospects of the mortgage market in the coming year. “But economists said mortgage rates should be in the 5s in the first or second quarter of 2024.”

Loan Officers 395

Loan Officers Investors Mortgage Clients 395

Housing Wire

SEPTEMBER 27, 2022

This isn’t true (just look at his next statement, below) — he really wants the bidding wars to end, and for total inventory to grow and regain balance. As you can see below on the NAR total inventory chart, we didn’t have a seasonal push in inventory in 2020, which left us vulnerable to price growth that was above the historical norm.

Housing Market 469

Housing Market Inventory Marketing Construction 469

Appraisal Buzz

DECEMBER 27, 2021

million units , and some experts say it could reach 8 million if there were more inventory. Beginning in January 2020, 7% of purchase transactions had a contract price above the appraisal value. This change will be effective starting in 2022 and should reduce inefficiencies in the mortgage and homebuying process.

Appraisal 397

Appraisal Valuation Modernization Contracts 397

Housing Wire

MARCH 23, 2022

We finally got mortgage rates to rise, and for people like me who have been concerned about how unhealthy the housing market was last year — and it got a lot worse this year — it’s a blessing that was much needed. million or higher during 2020-2024. The demographic bump in 2020-2024 is giving us a push in demand. percent (±11.9

Mortgage 485

Mortgage Inventory Housing Market Construction 485

Housing Wire

APRIL 8, 2021

As we enter the second quarter of 2021, it’s time for the mortgage industry to reflect on the past 12 months and think about how to plan for the same period ahead. In early 2020, Zoom was barely a known company in America. history for mortgage origination volume. Take working remotely for example.

Development 417

Development Lending Mortgage Marketing 417

Housing Wire

MAY 6, 2021

of homes sold in the fourth quarter of 2020 that were affordable to households earning the median income of $78,500. “After a surprising gain for housing affordability in 2020 that was driven by historically low interest rates, housing emerged as a bright spot for the overall economy,” said NAHB Chairman Chuck Fowke.

Housing Market 437

Housing Market Marketing Market Value Construction 437

D Fritz Appraisals

JUNE 28, 2022

This significant increase came about due to the unprecedented combination of: All time low mortgage rates. Significantly reduced housing inventory. While low mortgage rates created higher demand, the lack of available homes led to price increases and over-bidding. Higher disposable household income .

Real Estate 105

Real Estate Marketing Inventory Housing Market 105

Housing Wire

JUNE 17, 2021

Mortgage applications for new home purchases fell 9% month-over-month in May at a seasonally unadjusted pace ? the second consecutive month sales of new homes have dropped, according to data released Thursday by the Mortgage Bankers Association. According to the data, housing starts increased 3.6% in May to a rate of 1.57

Inventory 497

Inventory Construction Contracts Mortgage 497

Housing Wire

NOVEMBER 16, 2020

According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. But the virus has had anything but a negative impact on real estate in El Paso. rise in houses sold in the same timeframe – from 670 to 940.

Housing Market 417

Housing Market Real Estate Agent Marketing Real Estate 417

Housing Wire

MAY 25, 2021

Census Bureau and the Department of Housing and Urban Development. April’s new home sales are nearly double that of April 2020’s estimate of 582,000. In this webinar, MCT COO Phil Rasori and expert guest panelists will review how mortgage lenders can overcome common challenges selling their loans on the secondary market.

Construction 417

Construction Technology Development Marketing 417

Housing Wire

MAY 8, 2023

A key source of affordable housing inventory was cut in half over the last three years, resulting from well-intended but heavy-handed efforts to keep delinquent borrowers in homes. That key source of affordable housing inventory: distressed properties sold to third-party buyers or repossessed by lenders at foreclosure auction.

Inventory 406

Inventory Renovations Supply Chain Buyers 406

Housing Wire

MARCH 1, 2024

We were up year over year in inventory , but we were at a 25 year low on new listings.” While Fischer attributes some of the uptick in activity to typical seasonality, he noted that the recent relative stability and even slight decreases in mortgage rates have also contributed. According to Altos Research, as of Feb.

Housing Market 436

Housing Market Marketing Inventory Construction 436

Housing Wire

APRIL 25, 2023

You know, the one that says we have too much inventory and millions of vacant homes in the U.S.? However, the people who say low inventory is fake news don’t realize that housing credit channels are very different from 2008, which has prevented total active listings from looking anything like 2008. percent (±15.2 percent (±12.7

Inventory 481

Inventory Housing Market Construction Marketing 481

Housing Wire

DECEMBER 28, 2020

The number of mortgages in active forbearance rose by 20,000 last week, according to a Friday report from Black Knight. Though the raw number increased, the number of mortgages in active forbearance remained at 5.3%, unchanged from the week prior. How 2020 raised the stakes for the mortgage industry.

Mortgage 437

Mortgage Inventory Technology Development 437

Housing Wire

JULY 27, 2022

Borrowers’ demand for mortgage loans decreased for the fourth consecutive week to the lowest level in more than two decades, according to the Mortgage Bankers Association (MBA). The market composite index, a measure of mortgage loan application volume, declined 1.8% retail residential mortgage applications.

Mortgage 370

Mortgage Retail Contracts Inventory 370

Eppraisal

SEPTEMBER 22, 2021

According to an article on Bankrate.com, written by Jeff Ostrowski, "Mortgage rates plumbed to new depths in January 2021, setting all-time lows south of 3 percent." The inventory of homes available are historically low as well. over last year, while the total inventory of unsold homes, including pending listings, declined by 13.8%.

Real Estate 45

Real Estate Marketing Inventory Home Value 45

Housing Wire

FEBRUARY 13, 2024

Walker said the prospect of lower mortgage rates is prompting many agents to feel more positive about the 2024 housing market. In Birmingham, ERA King Real Estate agent Anna-Maria Ellison said that even without lower mortgage rates, she is seeing buyers return to the market. “It As of Feb. New construction is backed up,” she said.

Construction 404

Construction Supply Chain Inventory Agents 404

Lamacchia Realty

OCTOBER 25, 2023

PRICE ADJUSTMENTS AND THE 2023 MARKET In March 2022, it was clear that the market was changing from a frenzied post-pandemic scene to one where it was assumed that rising mortgage rates would slow it down and help inventory finally rise back up. Inventory didn’t increase at the rate most assumed it would.

Bracketing 65

Bracketing Marketing Sellers Buyers 65