Housing Wire

JANUARY 9, 2023

Buyer behavior on the Auction.com platform provides one of the best barometers of the retail housing market because the success and livelihood of these buyers depend heavily on them accurately anticipating what the retail market will look like in the next six to 12 months. percent, according to ATTOM Data Solutions.

Retail 448

Retail Sellers Buyers Market Value 448

Housing Wire

MAY 2, 2024

In February, it announced the hiring of James Hecht , former head of production and executive vice president for national retail lending at Newrez , as its CEO. “With retail, you’re under a mortgage banker; you know the product set because you’re all in-house,” he said.

Loan Officers 392

Loan Officers Mortgage Retail Lending 392

Housing Wire

APRIL 2, 2024

Through NAF Cash, the lender purchases the buyer’s chosen home upfront with cash while the buyer can rent the new home while working on selling the old home or securing financing on the new one. Most recently, NAF acquired $2 billion Chicago-based retail shop Draper & Kramer Mortgage Corp.

Loan Officers 369

Loan Officers Retail Finance Buyers 369

Housing Wire

MAY 23, 2023

A look back: The early 2023 housing slowdown Bidding behavior on the Auction.com platform provides one of the best barometers of the retail housing market because the success and livelihood of these bidders depends heavily on them accurately anticipating what the retail market will look like in the next six months.

Housing Market 417

Housing Market Marketing Retail Sellers 417

Housing Wire

OCTOBER 12, 2023

Bankrupt retail lender AmeriFirst Financial is seeking approval for a private sale of loans from a Delaware bankruptcy judge to pay off two warehouse lenders and fund restructuring costs. If approved, AmeriFirst’s retail and commercial loans worth more than $5 million will be sold to a non-QM lender Oaktree Funding Corp.,

Retail 391

Retail Legal Buyers Mortgage 391

Housing Wire

JULY 3, 2023

PrimeLending , a Texas-based retail mortgage bank, aims to expand its market share by growing within its existing footprint in a margin-thinning environment. Licensed in 23 states across the country, PrimeLending has 150 branches including satellite and primary retail locations. Companies may be struggling in one way or another.

Loan Officers 354

Loan Officers Marketing Retail Renovations 354

Housing Wire

SEPTEMBER 11, 2023

To get there, Cliffco, which has been in business since 1987, is going after the non-qualified mortgage ( non-QM ) market and investing in tech to get in front of buyers and non-agent referral partners. Non-QM ripe for the taking Faced with a lack of inventory across the country, lenders have been exploring ways to create new buyers.

Loan Officers 382

Loan Officers Agents Retail Technology 382

McKissock

SEPTEMBER 5, 2022

For instance, in 2021 small and private investment firms were responsible for nearly 3/4 of retail asset acquisitions , representing a 30% increase from the prior 10-year historical average. . Private investors are moving towards investments in the retail sector because of shifts in how consumers behave.

Retail 73

Retail Real Estate Investors Real Estate Agent 73

Housing Wire

JANUARY 24, 2024

Conventional and FHA purchase applications drove most of the increase last week as some buyers moved to act early this season,” Joel Kan , MBA’s vice president and deputy chief economist, said in a statement. retail residential mortgage applications. Mortgage applications rose by 3.7% in the week ending Jan. the week before.

Mortgage 470

Mortgage Retail Buyers 470

Housing Wire

DECEMBER 27, 2023

The California-based retail lender has set a target of becoming a top-10 lender in the markets in which it has a presence, which would give it about 2% in overall market share. Guild, the most active lender in terms of M&A deals on our list, wants to expand its retail business model nationwide to gain market share.

Mortgage 389

Mortgage Retail Lending Sellers 389

Housing Wire

APRIL 30, 2024

billion in the first quarter, followed by retail and joint ventures ($1.2 Meanwhile, its retail and joint venture business broke even in the quarter after the restructuring implemented at the beginning of the year. Most of the company’s origination comes from the correspondent channel, with $7.9 billion), wholesale ($1.1

Mortgage 386

Mortgage Retail Business Investing 386

The Robert Weiler Company

SEPTEMBER 23, 2021

Sweet Deals Sell Fast: Increasingly, would-be industrial property buyers find that municipalities are looking to incentivize certain businesses while de-incentivizing others. Swimming in Success: Restaurant and Retail Space. That’s because it’s a design most adaptable to various uses and future expansion as business needs evolve.

Retail 158

Retail Real Estate Business Training 158

Housing Wire

OCTOBER 15, 2020

The good news is that there is plenty of demand for vacant properties, from both nonprofit and for-profit buyers. The post As vacant foreclosures increase, so does buyer interest appeared first on HousingWire. They have proven that they can efficiently return these distressed vacant properties to occupancy.”.

Buyers 332

Buyers Development Renovations Retail 332

Housing Wire

APRIL 15, 2024

In the current market, legitimate buyers are companies with substantial amounts of cash — the groups Ludden represents have at least $50 million — or are parent entities with deep pockets. Certainly, in the last two years, distributed retail, in particular, has been the primary interest for all the buyers,” Ludden said. “As

Mortgage 440

Mortgage Retail Buyers Investors 440

Housing Wire

JANUARY 31, 2024

Low existing housing supply is limiting options for prospective buyers and is keeping home-price growth elevated, resulting in a one-two punch that continues to constrain home purchase activity.” retail residential mortgage applications. Department of Veterans Affairs (VA) share fell to 13.3%, down from 13.7% the week before.

Mortgage 395

Mortgage Retail Buyers Finance 395

Housing Wire

DECEMBER 9, 2022

Margin compression, higher mortgage rates, and a purchase-focused market are dictating more sales process control among loan officers and fewer layers of bureaucracy in retail lenders. And, according to Covey, the changes are necessary in traditional retail lenders to navigate the industry headwinds. “LOs

Mortgage 403

Mortgage Retail Real Estate Agent Loan Officers 403

Housing Wire

MARCH 4, 2022

The other key piece and the thing that’s been lacking for 10 years in the industry is that big, retail brand presence of some of the big banks or others that have a much more direct-consumer brand.”. The post Analysts: Longbridge acquisition deal indicates good things for the lender and its buyer appeared first on HousingWire.

Buyers 305

Buyers Investors Investing Mortgage 305

Inman

OCTOBER 12, 2023

After a career as a retail home furnishings buyer in LA, find out how Terri Munselle transitioned to country club living and a new career in real estate.

Retail 148

Retail Real Estate Buyers Brokerage 148

Housing Wire

MARCH 30, 2023

Just having those additional layers in the retail model really creates strain there,” Kirby said in an interview. I think maybe if you look back a few years, the broker space from a technology perspective was lacking, but has really caught up to where retail was (…). What is the upside of launching a mortgage broker shop?

Mortgage 368

Mortgage Retail Loan Officers Brokerage 368

Housing Wire

OCTOBER 24, 2023

Regarding his transition from the retail to the wholesale channel, Gade said the broker channel doesn’t have “different layers of management and oversight between the originator and the company,” which results in savings passed on to the buyer.

Loan Officers 414

Loan Officers Brokerage Retail Construction 414

Hank Miller Team

DECEMBER 17, 2021

It's not a rosy outlook; expect home buyer frustration to increase in 2022. So what's in store for home buyers and sellers that have to make a move this spring? So what's in store for home buyers and sellers that have to make a move this spring? Home buyers are teed up and ready to write…once something decent pops.

Buyers 98

Buyers Supply Chain Inventory Real Estate 98

Housing Wire

AUGUST 10, 2023

The share of distressed property auction buyers who say they are owner-occupants nearly doubled over the last year, boosted by a game-changing government policy that took effect last August. That was nearly double the 8% of buyers who described themselves as owner-occupants in a February 2022 Auction.com buyer survey.

Renovations 350

Renovations Buyers Development Insurance 350

Housing Wire

JANUARY 13, 2024

We took an affordability hit after July of 2022 and since most sellers are also buyers, it was too expensive to move, or you couldn’t qualify to sell to buy another house, directly impacting housing inventory. Next week, retail sales could be a driver of the 10-year yield, and therefore mortgage rates. 2022 21.7%

Inventory 528

Inventory New Listings Retail Mortgage 528

Housing Wire

APRIL 18, 2023

The outside distributor retail is a hedge against the call center in the different environments. Since launching as a call center in 2003, the California lender has expanded into the outside distributed retail model with a target on the purchase mortgage market, serviced its own loans and developed its tech stack in-house.

Retail 320

Retail Business Agents Loan Officers 320

Housing Wire

NOVEMBER 23, 2020

Buyers are showing up in force at the live foreclosure auctions, both in-person at the auction venues and now also virtually, thanks to the Remote Bid feature on the Auction.com mobile app,” Price said. Where available, this feature allows buyers to participate in real time at the auction from just about anywhere.”.

Buyers 529

Buyers Real Estate Investors Retail 529

Housing Wire

SEPTEMBER 11, 2023

He most recently served as the president of troubled, largely defunct retail lender Celebrity Home Loans. There remain far too many obstacles to home ownership these days, be it first-time home buyers, or in the case of Home Sale Assured, current homeowners trying to move,” Meadow said in a statement.

Contracts 356

Contracts Real Estate Agent Tenants Retail 356

Housing Wire

NOVEMBER 16, 2022

“By adding the buydown feature to our Smart Series, we feel that we’re expanding our ability to help potential buyers and sellers come together.”. With the rising rates throughout 2022, and the pace of home sales slowing as a result, many lenders are providing seller concessions to encourage buyers to strike a deal.

Sellers 349

Sellers Government Retail Buyers 349

Housing Wire

FEBRUARY 16, 2024

Rick Arvielo: What’s interesting about our growth is that we are the 13 th largest retail IMB in the country, but we’re only in about a third of the United States. We grew with a call center model for the first 10 years and only got into outside distributed retail 11 years ago. What made Draper and Kramer a good fit for NAF to acquire?

Loan Officers 392

Loan Officers Retail Clients Real Estate Agent 392

Housing Wire

JANUARY 10, 2024

The National Retail Federation found that during the 2022 holiday season, retailers saw 17.9% Rethinking branded gifts One common practice in the real estate industry is gifting branded items like Cutco knives to home buyers and sellers. Did your buyer ask you where the best wine shop in the neighborhood is located?

Real Estate 346

Real Estate Clients Retail Client Relationships 346

Housing Wire

APRIL 26, 2023

Plenty of buyers, but not enough homes for sale,” California-based mortgage loan officer Dan Stone, who works with hundreds of mortgage lenders, told HousingWire. Prices are still expensive, forcing buyers to look at less expensive homes or areas not as preferred. retail residential mortgage applications. for refinancing.

Mortgage 391

Mortgage Loan Officers New Listings Government 391

Housing Wire

MARCH 8, 2023

retail residential mortgage applications. The demand, according to Fullmer, also increased because some borrowers realized that “eventually, when rates drop, it will go back to a seller’s market, and buyers will lose the massive credits and other conditions that they can negotiate now.” from the week prior.

Mortgage 372

Mortgage Loan Officers Investors Government 372

Housing Wire

AUGUST 17, 2022

Home purchase applications continued to be held down by rapidly drying up demand, as high mortgage rates, challenging affordability, and a gloomier outlook of the economy kept buyers on the sidelines,” Joel Kan, MBA’s associate vice president of economic and industry forecasting, said in a statement. retail, residential mortgage applications.

Mortgage 377

Mortgage Retail Contracts Buyers 377

Housing Wire

JULY 20, 2022

Weakening economic outlook, high inflation and affordability challenges took a toll on buyer demand, leading to a drop in both purchase and refi applications last week, according to the Mortgage Bankers Association (MBA). retail residential mortgage applications. for the week ending July 15, the MBA said. from 4.71% a week prior.

Mortgage 372

Mortgage Retail Contracts Buyers 372

Housing Wire

MAY 25, 2022

Currently, higher rates, low inventory, and high prices are keeping prospective buyers out of the market.”. The survey, conducted since 1990, covers more than 75% of the retail residential mortgage applications. The seasonally adjusted purchase index rose 0.2% from 10.5% in the prior week. from 11.1% the prior week.

Mortgage 415

Mortgage Contracts Retail Inventory 415

Housing Wire

MARCH 9, 2022

retail residential mortgage applications. Regarding purchase applications, Kan said prospective buyers acted on lower rates and the early start of the spring buying season. Buyers on average bought 0.8 The survey, conducted weekly since 1990, covers over 75% of all U.S. The FHA share of total applications increased to 8.7%

Mortgage 370

Mortgage Investors Retail Contracts 370

Housing Wire

APRIL 7, 2023

Let’s look at the retail industry, for instance. Back in the 80s, more than half of our retail transactions unfolded inside shopping malls. Research from Glossy and Modern Retail coined the “Great Mall Overhaul ” and made the call for a pivot, the evolution from transactional to experiential.

Retail 360

Retail Real Estate Clients Modernization 360

Housing Wire

MAY 10, 2023

retail residential mortgage applications. Lower rates from week to week have helped buyers in the market, but limited for-sale inventory remains a challenge for many homebuyers,” Kan said. The MBA data shows that mortgage applications increased 6.3% for the week ending May 5 from one week earlier. the prior week.

Mortgage 370

Mortgage Retail Inventory Buyers 370