Housing Wire

DECEMBER 8, 2023

What I want people to get out of this report isn’t the headlines you will hear today about how the recession isn’t here yet: we know that the jobless claims data is still not at 323,000 on the four-week moving average. The real story here is that the Fed was wrong about needing a job-loss recession to slow the growth rate of inflation down.

Retail 527

Retail Housing Market Marketing Government 527

Housing Wire

APRIL 5, 2024

Ginnie Mae this week issued a public notice to its issuer partners warning of an observation of higher prepayments in some of its mortgage-backed securities (MBS) programs, reminding issuers that a violation of its requirements could result in punitive action.

Government 480

Government Mortgage Marketing 480

Housing Wire

DECEMBER 12, 2023

Premiums are rising About 24% of the surveyed respondents said flood insurance is not very or not at all affordable in 2022, compared to 25% in 2020. Many respondents also noticed increases to their homeowners’ insurance premiums, with about 20% reporting the premium increase to be “significant.” methodology , Fannie Mae said.

Insurance 417

Insurance Home Value Government Design 417

Housing Wire

JANUARY 24, 2024

With a wave of new home purchases and refinance transactions expected, as an industry, we’re expecting many new questions about how buyers and owners can best protect their property rights. Additionally, about a third of all claims result from issues that can’t be found in the public record. by the end of 2024. What is title insurance?

Insurance 437

Insurance Sellers Buyers Housing Market 437

Housing Wire

FEBRUARY 17, 2024

As I have stated time and time again, the Fed and the government have a COVID-19 housing economy policy, and keeping sales depressed is in their interest, something I talked about last year on CNBC. Since November of 2023, we have had eight positive and three negative prints after making holiday adjustments.

Mortgage 534

Mortgage Inventory New Listings Housing Market 534

Housing Wire

JANUARY 17, 2024

6 “The truth is the real estate industry hasn’t really needed to learn about this financing option over the past decade. Last year, the company expanded its Reverse for Purchase Roadshow series to help spread the word about the opportunity at hand. Please contact Longbridge Financial LLC for details about credit costs and terms.

Finance 454

Finance Real Estate Agent Real Estate Insurance 454

Housing Wire

FEBRUARY 27, 2024

But before diving back in headfirst, it would be worthwhile for lenders to think through what the last two years of scarcity reveal about the normal working model of an independent mortgage bank (IMB). You can learn a lot about any industry by asking its top earners what energizes them toward peak performance.

Finance 417

Finance Clients Technology Business 417

Real Estate News

FEBRUARY 9, 2024

A survey of leaders found greater optimism compared to a year ago, but many are concerned about recruiting, profits and commission lawsuits in the year ahead.

Brokerage 276

Brokerage 276

Housing Wire

FEBRUARY 23, 2024

Since November of 2023, purchase application data was positive for about eight weeks before it turned negative after rates rose to above 7% again. The recent existing home sales bounce surprised some people, but the context is critical: we were working from a lower bar in sales this year than last year.

Inventory 468

Inventory Mortgage New Listings Marketing 468

Housing Wire

JUNE 8, 2022

We are at the point of the economic cycle where I really just get two questions: Are we going into recession and are home prices about to fall? Talking about this from a historical standpoint will help us understand better what is happening today. So are home prices about to fall? The post Are home prices about to fall?

Inventory 545

Inventory Housing Market Marketing Mortgage 545

Housing Wire

MAY 5, 2023

On Friday, Michael Shemi, the principal advisor for FHFA’s Division of Housing and Mission Goals, sat down for an exclusive interview with HW Media Editor in Chief Sarah Wheeler on the HousingWire Daily podcast to talk about the changes. Does that seem right that the last time these were comprehensively reviewed was eight or nine years ago?

Mortgage 391

Mortgage Finance Marketing 391

Housing Wire

MARCH 20, 2024

A fresh set of quarterly economic projections from Fed officials showed that borrowing costs are expected to end the year at 4.6%, suggesting that the central bank still plans to make three cuts of 25 basis points (bps) each in 2024.

Mortgage 437

Mortgage Government Lending Investors 437

Housing Wire

MAY 23, 2023

These buyers are primarily local community developers who purchase distressed properties and then resell or rent those properties on the retail market following rehab — a process that typically takes about six months. Bidders are still not as bullish about home price appreciation as they were back in 2019. To register, go here.

Housing Market 427

Housing Market Marketing Retail Sellers 427

Appraisal Buzz

APRIL 10, 2024

In this episode, we chat about foreclosures, short sales, and more. Learn more or register here: [link] At The Appraisal Buzzcast, we host weekly episodes with leaders and experts in the appraisal industry about current events and relevant topics in our field. The post Should We Be Worried About Pre-foreclosures, Short Sales, and REOs?

Appraisal 195

Appraisal Real Estate Marketing Valuation 195

Housing Wire

NOVEMBER 3, 2023

In response, Glenn Sanford, the founder and chief executive of the company, which is parent to eXp Realty , expressed concern about low-income homebuyers who may not be able to afford representation “if the rules change too much.” “I In the words of Sanford, eXp “outperformed the market.” But at eXp Realty, transactions were down 8.6%

Buyers 405

Buyers Realty Real Estate Realtors 405

Housing Wire

JUNE 2, 2023

As the only person on Earth who talked about job openings data getting to 10 million in this recovery, I am surprised that job openings data is still around that mark. Once jobless claims break above 323,000, then and only then I believe we can talk about a Fed pivot — first in their language and then possibly with rate cuts.

Marketing 443

Marketing Transportation Construction Government 443

Housing Wire

OCTOBER 9, 2023

A coalition of housing trade groups — including the Mortgage Bankers Association (MBA), National Association of Realtors (NAR) and National Association of Home Builders (NAHB) — called on the Federal Reserve to provide market certainty about the Fed’s rate path and its plans for the mortgage-backed securities (MBS) portfolio.

Marketing 446

Marketing Mortgage Realtors Real Estate 446

Housing Wire

MARCH 15, 2023

The AI-powered language tool has been sparking conversations about where and how it can be used to make work more efficient, and the mortgage business is no exception. Users of ChatGPT have also talked about the AI tool’s inability to come up with truly original content, as it relies on already existing content to generate new material.

Tools 369

Tools Training Business Development 369

Housing Wire

DECEMBER 14, 2023

We are just trying to position ourselves so that when issues could about and we get roadblocks, we have hopefully already started the dialogue of how we solve things.” I think it is important that we stay a step ahead of this,” Olson said. “We

Lending 417

Lending Mortgage Government Finance 417

Housing Wire

APRIL 11, 2023

Misinformation is spreading on TikTok about the Federal Housing Administration ‘s (FHA) recent increase to the maximum mortgage modification term, causing confusion for homebuyers. “It’s not for new loans (…).

Mortgage 383

Mortgage Insurance Development Buyers 383

Housing Wire

OCTOBER 25, 2023

Ketchmark also questioned Blefari about the training video in which Blefari said, as an agent, his commissions started at 6% and went up. “I It was more of a way to teach them to be clear about the value they provide and be confident in what they do,” Blefari said. I was a successful agent. The value I add, I believe, is worth 6%. .”

Sellers 417

Sellers Realtors Agents Buyers 417

Housing Wire

JUNE 14, 2023

About 60% of mortgage industry professionals in the U.S. And, about 65% of respondents say they want to get paid in a week or less, but only 40% actually get paid that fast, according to the results of the study. About 82.2% About 52% of the total respondent pool has worked in the mortgage industry for at least five years.

Loan Officers 383

Loan Officers Mortgage Technology Finance 383

Appraisal Buzz

OCTOBER 25, 2022

We sat down with Tom, Alan, and Joan Trice, Founder of Allterra Group, LLC, to discuss what the appraisal industry needs to know about structural risk. The post What You Need to Know about Structural Risk appeared first on Appraisal Buzz. How can structural risk impact the appraisal? Email comments@appraisalbuzz.com.

Appraisal 358

Appraisal Modernization 358

Housing Wire

MARCH 27, 2024

There will always be people who don’t see the value in a real estate agent because there are so many people with a license who don’t know anything about real estate. I’ve had clients who have family members as real estate agents and still decide to work with me because they understand the value and knowledge I provide.

Real Estate Agent 326

Real Estate Agent Real Estate Agents Sellers 326

Inman

JANUARY 16, 2024

Ahead of Inman Connect New York 2024, Mosaik founder and CEO Sheila Reddy talks about the future of artificial intelligence and how it can revolutionize the agent experience.

Agents 185

Agents Technology 185

Appraisal Buzz

JANUARY 10, 2022

Re-issuing a survey first completed three years ago, PropertyShark, a property research firm for commercial and residential tracts, found that Millennials have become more pessimistic about their housing options than they were three years ago while Generation Z’s feelings have also dampened.

Appraisal 363

Appraisal 363

Housing Wire

APRIL 7, 2021

Higher rates aside, consumers seem to be feeling better about the economy, as the percentage of respondents who say their household income is significantly higher than it was 12 months ago increased from 17% to 25%, while the percentage who say their household income is significantly lower decreased from 19% to 15%.

Sellers 509

Sellers Real Estate Agent Real Estate Loan Officers 509

Housing Wire

JUNE 5, 2023

HousingWire recently spoke with Desmond Smith , chief growth officer at United Wholesale Mortgage , about the role that wholesale lending plays in the mortgage ecosystem and common myths and misconceptions about becoming an independent mortgage broker. Desmond Smith: There are two ways to get a mortgage — wholesale or retail.

Mortgage 370

Mortgage Retail Lending Loan Officers 370

Appraisal Buzz

AUGUST 3, 2022

We sat down with Todd and Joan Trice, Founder of Allterra Group, LLC, to discuss what appraisers need to know about the current market, quality control, and new technology. The post What Appraisers Need to Know About Quality Control appeared first on Appraisal Buzz. What can appraisers do to keep up with the latest technology?

Appraisal 363

Appraisal Technology Valuation Marketing 363

Sacramento Appraisal Blog

JUNE 28, 2022

Let’s talk about price drops today in the Sacramento region. TRUTHS ABOUT PRICE REDUCTIONS 1) Nearly 40% of active listings […]. Price reductions are growing fast and sellers are still behind the ball. Eventually they’ll catch up, but they haven’t gotten there yet. Is the trend similar in your area?

Sellers 423

Sellers Marketing Buyers 423

Housing Wire

AUGUST 21, 2023

Market perception: “Smart agents have stopped complaining about the market ,” Tom notes. Ferry sheds light on the top real estate issues impacting professionals today and gives a preview of some trends covered at the event. and Canada market.” ” Proximity in marketing: Tom emphasizes the evolution of the market.

Agents 370

Agents Marketing Real Estate Technology 370

Housing Wire

MARCH 11, 2022

As lender concerns about margin compression rise, why aren’t we seeking to better understand our mortgage application fallout rates to increase revenue? We don’t often talk about it, but it’s a fact of mortgage lending. And yet, most lenders know little to nothing about why applicants are bailing out on their products before closing.

Mortgage 366

Mortgage Technology Lending Investing 366

Housing Wire

NOVEMBER 8, 2023

The Missouri judge who oversaw the landmark Sitzer/Burnett real estate commission lawsuit will also preside over the Gibson lawsuit brought by Michael Ketchmark, who represented the plaintiffs in Sitzer/Burnett.

Real Estate 427

Real Estate Sellers Realtors Real Estate Agent 427

Housing Wire

SEPTEMBER 9, 2022

Following the latest round of layoffs, Homepoint has shrunk its workforce from about 4,000 workers in summer of 2021 to about 1,000 in fall of 2022. The company’s headcount is down about 40% from pre-pandemic levels of about 1,500, a Homepoint official said. The lender originated $12.2 year-to-date.

Finance 407

Finance Mortgage Lending Business 407

Housing Wire

NOVEMBER 13, 2023

One big factor no one is talking about – friction. Imagine a future as the plaintiff’s counsel, the DOJ and obviously many business writers don’t want to talk about. When they had a clear alternative to using an agent and saving money on transaction costs. The current marketplace has been designed to reduce friction in the transaction.

Real Estate 355

Real Estate Realtors Agents Buyers 355

Housing Wire

JANUARY 11, 2023

Yet, after decades of going about this complex and multi-faceted process, we still see far too many title professionals managing data by hand. Protecting it from cyber criminals or from being used to propagate fraud. And distributing it, in the right form, at the right time to the right people.

Agents 406

Agents Technology Insurance Business 406

Real Estate News

MARCH 15, 2024

As a part of its proposed settlement, NAR agreed to significant policy changes that will impact how all agents do business — and how buyer agents get paid.

Agents 358

Agents Buyers Business 358