Housing Wire

JANUARY 17, 2024

Did you know that in 2022, both younger and older Baby Boomers made up the largest generation of American homebuyers? 1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade.

Finance 444

Finance Real Estate Agent Real Estate Insurance 444

Housing Wire

NOVEMBER 18, 2022

A combination of elevated mortgage rates, sluggish home sales and inflation continue to plague the housing market workforce, with numerous mortgage lenders and real estate startups shedding employees. Modernizing origination to stay competitive in today’s housing market. American Financing Corporation originated $4.13

Loan Officers 410

Loan Officers Modernization Finance Housing Market 410

Housing Wire

JUNE 1, 2023

Are low-FICO, first-time homebuyers better off with a conventional mortgage and reduced LLPA fees, or an FHA loan with none at all? We spoke to multiple loan officers and Washington, D.C.-based In 2022, only 7.6% of purchase loans that Fannie Mae closed were above 95% LTV, according to the Urban Institute.

Loan Officers 349

Loan Officers Insurance Mortgage Real Estate Agent 349

Housing Wire

SEPTEMBER 22, 2022

With the new mortgage program, customers receive loan estimates and closing disclosures in Spanish as well as a real-time digital version they can save. The new program and tool launches come as potential Hispanic home buyers face a tight housing market with historic low level of supply for affordable homes. billion in loans.

Marketing 356

Marketing Tools Loan Officers Finance 356

Housing Wire

NOVEMBER 10, 2022

As the housing market adjusts to rapidly tightening monetary policy, mortgage rates again surpassed 7%,” Sam Khater, Freddie Mac’s chief economist, said in a statement. The housing market is the most interest-rate sensitive segment of the economy, and the impact rates have on homebuyers continues to evolve. .

Mortgage 366

Mortgage Loan Officers Lending Business 366

Housing Wire

FEBRUARY 11, 2022

Some mortgage rate indices topped 4% on Thursday, blowing past predictions that rates might reach those levels by the end of 2022. Black Knight ‘s Optimal Blue , which provides data for the secondary market, reported the average rate for 30-year conforming mortgages was 4.071% on Friday morning.

Mortgage 384

Mortgage Contracts Loan Officers Insurance 384

Housing Wire

DECEMBER 27, 2022

The fate of Federal Housing Administration (FHA)-backed mortgages in the ongoing downcycle housing market is being compared with a canary in the coal mine by several industry experts who track the sector and are seeing early warning signs of distress. Over the past 14 years, FHA has insured 9.1

Insurance 479

Insurance Home Value Mortgage Marketing 479

Housing Wire

MARCH 15, 2023

Silicon Valley Bank resumed mortgage originations on Tuesday via its newly established “bridge bank” — just four days after California state regulators took possession of the financial institution and appointed the Federal Deposit Insurance Company (FDIC) as receivers. The company’s average mortgage loan was about $1.45

Mortgage 345

Mortgage Loan Officers Insurance Business 345

Housing Wire

JUNE 28, 2023

Depending on their FICO scores, loan amounts and debt-to-income (DTI) ratios, borrowers have the option to choose from four available bank statement loan options. No mortgage insurance is required. All four loans require separate appraisals from two different appraisers for loan amounts over $1.5

Real Estate Agent 356

Real Estate Agent Insurance Lending Real Estate 356

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. It comes at a time in which the housing market favors buyers and seller concessions become more frequent.

Mortgage 395

Mortgage Loan Officers Finance Investors 395

Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. Less business for lenders and real estate brokerages, in return, is hurting title companies, tech vendors, appraisers and mortgage insurance firms. The culling.

Housing Market 426

Housing Market Marketing Brokerage Real Estate 426

Appraisal Today

MAY 10, 2024

The mortgage loan officer handling the loan? To read more, Click Here To read the listing with a virtual tour and 111 photos, Click Here == Some red flags for the housing market By Ryan Lundquist, May 2, 2024 Excerpts: Consumers are feeling economic pain, and we need to talk about some of the things that are brewing.

Reconsideration of Value 76

Reconsideration of Value Appraisal Real Estate Insurance 76

Housing Wire

AUGUST 8, 2023

Busch is vice president and senior mortgage banker at First Savings Mortgage Corporation , a Virginia-based lender that produced $2 billion in mortgages in 2022, less than half the $4.2 The FHFA’s conforming loan limit was a baseline of $647,200 in 2022, and $726,200 in 2023.) billion in 2022, down 41.3%

Insurance 338

Insurance Mortgage Clients Lending 338

Housing Wire

OCTOBER 29, 2021

Jones was also recently installed as vice chairman of the Mortgage Bankers Association for the 2022 membership year. As such, we were one of the few lenders in the country that refused to offer subprime loans. Our company has been through six major market cycles now, and that remains true to this day. It was rough.

Loan Officers 308

Loan Officers Insurance Business Finance 308

Housing Wire

JUNE 13, 2023

The refinance must close no later than December 31, 2025 — and the borrower must have made at least six consecutive on-time payments on the purchase loan before applying to refinance. Rocket covers the mortgage insurance costs for buyers and puts no limit on the down payment assistance amount it’s providing to borrowers.

Buyers 404

Buyers Retail Mortgage Insurance 404

Raleigh Realty

APRIL 24, 2022

As a veteran, you may want to pay extra attention to an area's: Department of Veteran Affairs (VA) facilities; Hospitals; Housing market; Job market; Noise and activity levels; Proximity to family and friends; Veteran-friendly activities, events, and atmosphere. SAH grants are capped at award amounts of $101,754 as of 2022.

Real Estate Agent 78

Real Estate Agent Real Estate Insurance Government 78

Appraisal Today

OCTOBER 14, 2022

In the October 2022 issue of the monthly Appraisal Today Newsletter. Redfin Survey October 07, 2022. Lenders want fire insurance for all mortgage loans. What if there is no insurance available, very limited coverage, or only very expensive insurance? Many residents don’t have flood insurance.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Appraisal Today

AUGUST 13, 2023

2023 E&O Insurance Brokers Risks of Expert Work by Claudia Gaglione, Esq A long article from Claudia with 4 very good case studies. Dear Sellers, the housing market misses you It’s tough to value properties today! How does your market compare with Ryan’s? To read more, click here My comments: Good comments.

Appraisal 77

Appraisal Contracts Real Estate Agent Mortgage 77