Housing Wire

JANUARY 26, 2024

According to an NAR outlook, home sales are projected to rise significantly in 2024 and 2025 as the housing market steadily returns to normal. increase between 2024 and 2025 to a pace of 5.35 in 2025 to reach $405,200. in 2025 to reach $405,200. million and a 15.8% million units.

Contracts 454

Contracts Housing Market Construction Inventory 454

Real Estate News

APRIL 12, 2024

Top Agent Network is asking for an October 2025 trial date in the dispute over the National Association of Realtors’ Clear Cooperation policy.

Realtors 217

Realtors Agents 217

Housing Wire

JANUARY 24, 2024

28, 2025, and loans delivered into MBS with issue dates on or after Mar. Regarding the loan-level price adjustment credit, Fannie Mae wrote in a lender letter released on Wednesday that it will be effective for whole loans purchased “on or after Mar. 1, 2024, to Feb. 1, 2024, to Feb.

Insurance 475

Insurance Government Mortgage Marketing 475

Housing Wire

DECEMBER 7, 2023

Pennymac will use the proceeds of the offering to repay $650 million in debt due in October 2025. The debt being replaced has maturity in 2025 and a 5.357% interest rate. The remainder will be used for “other general corporate purposes,” the company said in an 8k filing with the Securities and Exchange Commission (SEC).

Investors 372

Investors Mortgage Finance 372

Housing Wire

DECEMBER 6, 2023

Proceeds from the offering will be used to repay a portion of the Company’s secured term notes due 2025 and for other general corporate purposes,” Pennymac said in an 8-K filing with the Securities and Exchange Commission (SEC). Analysts see mortgage companies issuing debt as a sign that market conditions may improve in 2024.

Contracts 405

Contracts Investing Mortgage Investors 405

Housing Wire

MARCH 5, 2024

by early 2025. home price gains reached their highest rate in a year in January, according to CoreLogic ’s Home Price Index (HPI). But the data provider forecasts yearly growth to begin slowing in the coming months and fall to 2.6% annual home price growth rose by 5.8% in January 2024. On a monthly basis, home prices increased by 0.1%.

Mortgage 446

Mortgage Marketing Inventory Housing Market 446

Housing Wire

APRIL 24, 2024

But the 2017 Tax Cuts and Jobs Act (TCJA) is also scheduled to sunset at the end of 2025 unless Congress acts to either extend or replace it. This also needs to be considered in any potential strategy for wealthy clients. Gifting the money before the law expires could be an option to explore, Resch said.

Bracketing 391

Bracketing Clients Law Finance 391

Inman

OCTOBER 16, 2023

Trainer and coach Bernice Ross talks to CEO and developer Patrick Stone about what's next for the economy, both in the short and long terms.

Development 164

Development Real Estate Brokerage Marketing 164

Housing Wire

NOVEMBER 16, 2023

The parties announced on Thursday that Change will remain a certified CDFI until the lender’s next application related to the fiscal year 2025 is determined.

Lending 410

Lending Finance Contracts Development 410

Housing Wire

MAY 31, 2023

Hanson’s promotion comes at a time when the lender is focused on propelling forward its Vision 2025 strategic plan, which includes rightsizing its operations as the company is in the red.

Marketing 370

Marketing Development Mortgage Loan Officers 370

Housing Wire

MARCH 4, 2024

The debt issuance include a cash tender offer announced Monday to purchase up to $275 million of Rithm’s $550 million in outstanding senior unsecured notes, priced at 6.25% and due in 2025. The tender offer will expire on April 1 unless it is extended or terminated early by the company.

Investing 417

Investing Real Estate Mortgage Buyers 417

Housing Wire

MARCH 20, 2024

The so-called dot-plot estimates show the Fed might make one fewer rate cut in 2025 compared to its forecast in December 2023. this year before declining to a range of 6% to 7% in 2025.

Mortgage 437

Mortgage Government Lending Investors 437

Housing Wire

MARCH 23, 2023

historical data to support credit model updates in the first quarter of 2025. By the fourth quarter of 2025, the FHFA will have incorporated credit score model updates into capital and pricing. The FHFA would begin delivering and disclosing FICO 10T and VantageScore 4.0

Government 437

Government Finance Mortgage Marketing 437

Housing Wire

DECEMBER 19, 2023

The group projects a return to growth in 2025. Even though Jerome Powell announced three rate cuts in 2024, Fannie Mae Economic and Strategic Research (ESR) group continues to forecast a modest downturn in 2024.

Inventory 436

Inventory Mortgage Housing Market Finance 436

Housing Wire

FEBRUARY 28, 2024

Starting in January 2025, Pollack will serve as the company’s new president. Blackstone ’s Jonathan Pollack is joining private investment firm Starwood Capital Group , the company announced on Monday. Jeffrey Dishner will remain in his role as Starwood’s president until Pollack takes over.

Real Estate 395

Real Estate Investing Development Business 395

Housing Wire

FEBRUARY 29, 2024

The Federal Housing Finance Agency (FHFA) announced on Thursday that the transition to new credit score requirements is expected to occur in the fourth quarter of 2025, a decision commended by the mortgage industry. historical data, from Q1 2025 to Q3 2024. The GSEs are aiming to accelerate the publication of VantageScore 4.0

Government 481

Government Lending Mortgage Finance 481

Inman

APRIL 11, 2023

Markets across the country are now facing a possibility of rent falling year over year amid a negative outlook for apartments and commercial real estate broadly, experts told Inman.

Real Estate 153

Real Estate Marketing 153

Housing Wire

APRIL 17, 2024

My property taxes are about $16,000 for 2023-24, and likely will be $20,000 or more for 2025; home sales drive up my property taxes, not improvements. My Social Security and retirement income is fixed at about $5,600 per month,” he said. “I I have lived in Edmonds, Wash. for 49 years, and my property taxes rise quickly.

Property Taxes 427

Property Taxes Mortgage Tools Clients 427

Inman

FEBRUARY 15, 2024

The trade group will not take on pet projects for the duration of NAR President Kevin Sears' tenure, which is slated to last until November 2025, he told NAR's Board of Directors Wednesday morning.

Realtors 172

Realtors Brokerage Agents 172

Housing Wire

JANUARY 19, 2023

The partnership aligns with loanDepot’s Vision 2025 strategic plan and will “change the way we run our originations operations, improving speed to closing and quality while also realizing substantial savings,” loanDepot president and CEO Frank Martell said in a statement.

Technology 361

Technology Lending Real Estate Mortgage 361

Housing Wire

FEBRUARY 8, 2024

DocuSign began to cut operating costs for fiscal year 2025, including areas such as program spending, professional fees and noncritical open roles, according to a message that CEO Allan Thygesen shared with employees on Tuesday. A majority of the impacted positions came from the company’s sales and marketing organizations, the company said.

Technology 427

Technology Investors Finance Business 427

Housing Wire

AUGUST 8, 2023

The company said the increase is due to the Vision 2025 plan and higher direct costs attributable to increased origination volumes, which was partially offset by cost productivity. In a call with analysts, executives said the company had a $8 million cost related to the “settlement of legacy litigation” during the second quarter of 2023.

Human Resources 368

Human Resources Lending Investors Mortgage 368

Housing Wire

APRIL 19, 2024

Pretrial deadlines were set in January by a magistrate judge, but with deadlines extending into 2025, government officials currently in leadership positions at Ginnie Mae and HUD may not be in office should the suit progress to trial sometime next year. The judge largely disagreed.

Government 434

Government Legal Law Development 434

Housing Wire

FEBRUARY 15, 2024

Sears is expected to serve the rest of Kasper’s term as well as his own term, meaning that his tenure will last until November 2025. Kasper herself was just five months into her term as president, as she had taken over the role from Kenny Parcell , who resigned in August 2023 due to sexual harassment allegations.

Realtors 402

Realtors Real Estate Agents 402

Mortgagebroker News

MARCH 22, 2024

Future asset purchases to target primary and secondary debt markets

Marketing 76

Marketing 76

Inman

FEBRUARY 10, 2023

In his latest interview with Bloomberg, former Goldman Sachs investor Don Mullen explains why iBuyers won't survive much longer, calling them the "forced sellers" of today's market.

Investors 114

Investors Sellers Marketing Technology 114

Housing Wire

NOVEMBER 15, 2023

With a UWM 1-0 buydown, borrowers won’t have a higher payment until 2025, giving brokers a unique opportunity to combat higher rates and possibly refinance the loan down the line. The escrow account is funded by either the seller, builder or lender via a lump-sum payment at closing.

Appraisal 427

Appraisal Real Estate Agent Sellers Government 427

Housing Wire

JANUARY 22, 2024

Although it is based in North Carolina, PREMIERE Group operates in 38 markets across 20 states, and it has a goal of being in all 50 states by the end of 2025, according to the release. The teamerage was previously brokered at eXp Realty.

Brokerage 446

Brokerage Agents Realty Clients 446

Housing Wire

MARCH 21, 2024

Redfin says it is contemplating the offering for all agents in 2025. The company also reported that the compensation plan has aided in its recruiting efforts as it has hired more than 90 high-producing agents in California since October.

Agents 417

Agents Marketing Brokerage Real Estate 417

Housing Wire

DECEMBER 14, 2023

Powell on Wednesday announced that the Fed anticipates making three 25 basis point rate cuts in 2024 and four in 2025, which should help bring mortgage rates further down in 2024. Several loan officers on Thursday told HousingWire they were quoting borrowers in the mid-6% range on standard 30-year-fixed loans.

Mortgage 481

Mortgage New Listings Loan Officers Inventory 481

Housing Wire

JANUARY 3, 2024

In December, Pennymac raised $750 million in unsecured debt with qualified institutional investors and will use the proceeds of the offering to repay a portion of the company’s secured debt due in 2025.

Loan Officers 416

Loan Officers Development Investors Finance 416

Housing Wire

SEPTEMBER 22, 2023

Meanwhile, mortgage rates are not expected to cool anytime soon as the Fed announced on Wednesday that interest rates were likely to remain higher than anticipated heading into 2024 and 2025. The Fed’s decision to halt interest-rate hikes this week is unlikely to bring solace to homebuyers as borrowing costs and mortgage rates stay elevated.

New Listings 454

New Listings Inventory Buyers Mortgage 454

Housing Wire

APRIL 5, 2023

Analysts believe the company’s “Vision 2025” plan, which includes rightsizing its operations, will take many quarters to improve its financial performance and return the lender to profitability. The company turned its 2021 profits of $555.5 million into a $475.8

Government 363

Government Development Investing Mortgage 363

Mortgagebroker News

FEBRUARY 29, 2024

Experts forecast a rebound supported by high demand and low rates

80

80

Inman

FEBRUARY 15, 2024

The company will move to the new building in 2025, creating 150 jobs in the process. CoStar Group is trading its Washington, D.C., digs for a new HQ in Arlington, Virginia.

Technology 155

Technology Marketing 155

Housing Wire

NOVEMBER 7, 2023

The appointment supports the company’s Vision 2025 plan , the company said. Our mission is to inform and empower so that more of our country’s service members, who have sacrificed so much on behalf of our country, can take advantage of the powerful benefits of the VA mortgage program.”

Lending 374

Lending Real Estate Agent Real Estate Training 374

Housing Wire

SEPTEMBER 11, 2023

historical data to support credit model updates in the first quarter of 2025. By the fourth quarter of 2025, the FHFA was to have incorporated credit score model updates into capital and pricing. The original timeline also called for the FHFA to begin delivering and disclosing FICO 10T and VantageScore 4.0

Finance 395

Finance Government Mortgage Investors 395