Housing Wire

APRIL 9, 2024

Forecasts in the industry predict that most mortgage growth over the next several years will come from MMCTs and BIPOC communities. The future of the mortgage industry is increasingly diverse. From 2020 to 2030, the Urban Institute projects 8.5 Total Mortgage Volume Forecast, multicultural households will account for about $2.2

Modernization 436

Modernization Lending Legal Legal Fees 436

Housing Wire

JANUARY 21, 2021

million in growth from 2020 through 2030 and 7.6 million in growth from 2030 to 2040. In today’s low-inventory environment, complicated by external factors such as forbearance and foreclosure moratoriums, it’s crucial for real estate agents and brokers to be proactive in order to grow their business. million. .

Real Estate Agent 479

Real Estate Agent Real Estate Inventory Finance 479

Housing Wire

NOVEMBER 23, 2021

This initiative has won backing from 72 bipartisan sponsors in the House and Senate, the White House and stakeholders ranging from civil rights groups and nonprofits to financial institutions and real estate trade associations. Over time, this approach will help stabilize real estate markets previously dominated by distressed sales.

Investing 450

Investing Renovations Development Construction 450

Housing Wire

JULY 1, 2021

Nationwide, Redfin reported that 16% of Black Americans who apply for mortgages are rejected, compared with 7% of white Americans. The CFPB found that lenders engaged in deceptive business practices, including violations of the Truth in Lending Act and the Equal Credit Opportunity Act, and provided inaccurate data on mortgage loans.

Loan Officers 485

Loan Officers Realtors Open Houses Law 485

McKissock

JUNE 29, 2021

If you’ve seen a rise in solar PV systems in your area, consider taking the first steps toward competency in the valuation of this energy-efficient feature of real estate. For example, California’s goal is to be 33% renewable by 2020, 60% by 2030, and 100% by 2045. Interested in appraising green homes? Across the U.S.,

Appraisal 75

Appraisal Valuation Real Estate Lending 75

Housing Wire

MAY 2, 2024

The massive age wave is cresting over the next three years, and by 2030 all boomers will have turned 65. These critical needs are the fundamentals of retirement planning, and “Peak 65” demographics will largely reshape housing, real estate and lending for decades to come.

Realtors 421

Realtors Training Real Estate Design 421

Housing Wire

MARCH 28, 2024

Then, they think about the mortgage : a good rate, good monthly payments, and approval. Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” Real estate will look different in 2030, perhaps even in 2024.

HOA 466

HOA Property Management Real Estate Agent Technology 466

Housing Wire

NOVEMBER 22, 2023

Unfortunately, those ads don’t talk much about the next month or six weeks, the period real estate professionals call the “settlement process.” More than a few real estate agents will roll their eyes and sigh when asked by a client, upon the signing of a sales contract, “What’s next?”

HOA 432

HOA Real Estate Agent Technology Real Estate 432

Housing Wire

NOVEMBER 12, 2020

You can understand Jay Farner’s frustration: Rocket Companies just had the most productive quarter in the history of residential mortgage lending. By and large, analysts who cover the mortgage lender believe that Rocket is underpriced. James Kleimann is the Mortgage Editor at HousingWire. billion in profits.

Investors 432

Investors Marketing Mortgage Insurance 432

Housing Wire

JUNE 21, 2023

Cancellation rates among national homebuilders are now down to about 9% (you may recall that KB Homes reported a cancellation rate of 68% in Q4 2022) and the vast majority of them can throw major incentives like mortgage rate buydowns at choice-restricted homebuyers. A nation doesn’t end up with a shortage of 6 million-plus homes by accident.

Business 370

Business Construction Law Inventory 370

Will Springer Realtor

SEPTEMBER 12, 2023

There is a feeling of Halloween in the real estate world because this housing market is a bit scary these days. The market is spooking many potential buyers and sellers thanks to stubbornly high mortgage interest rates. Another sign of the times: fewer mortgage applications. economist (and one of my go-to sources).

Finance 67

Finance Inventory Construction Buyers 67

Housing Wire

JANUARY 5, 2024

Since its founding in 2015, remote online notarization (RON) platform Proof , formerly known as Notarize , has helped sellers and buyers close $347 billion worth of real estate transactions, according to an announcement on Friday. While the firm is pleased with this milestone, it has its sights set on California.

Law 450

Law Real Estate Insurance Sellers 450

Will Springer Realtor

APRIL 11, 2022

Mortgage rates have risen by about 1.6 Rates have a small chance to top out before hitting 5% and a good chance of topping out before hitting 6%,” said Matthew Graham, chief operating officer at Mortgage News Daily. “It An $800,000 mortgage last year at 3% would require a monthly payment of about $3373. That is not true.”.

Construction 36

Construction Development Inventory Buyers 36