Housing Wire
JANUARY 27, 2021
The Federal Open Market Committee left future economic policies virtually unchanged at its Wednesday meeting, indicating that short-term mortgage rates will stay low for years to come. “The pace of the recovery in economic activity and employment has moderated in recent months, with weakness concentrated in the sectors most adversely affected by the pandemic,” the FOMC added to its updated policy statement.
DataMaster
JANUARY 27, 2021
If 2020 taught us anything, it’s that we have to be comfortable with uncertainty. However, that doesn’t mean we can’t do anything to prepare. (Even if the future is anything but predictable.). Recently, we held a webinar to discuss what appraisers can do in uncertain times to thrive in the future. This is the first episode of our podcast.
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Housing Wire
JANUARY 27, 2021
LoanDepot , one of America’s largest mortgage lenders, released pricing of its hotly anticipated independent public offering (IPO) on Wednesday. The multichannel lender said it would be selling 9.41 million shares of common stock; funds held by its private equity backer Parthenon Capital Partners would sell 5.59 million shares in the upcoming IPO.
BiggerPockets
JANUARY 27, 2021
Anson Young’s voice may sound familiar to you, that’s because he’s been on the podcast four times! Every time he’s back we learn something new, and today, Anson is talking […].
Housing Wire
JANUARY 27, 2021
Digital mortgage platform Roostify announced on Tuesday it has raised another $32 million in a Series C funding round amid a booming real estate market, bringing the tech startup’s total capital to $65 million. Roostify, which powers the digital mortgage platforms of JPMorgan Chase , TD Bank , Guild Mortgage , HSBC Bank USA and more, allows different lending parties to bring in data and information from online sources that then tailors the homebuying process.
BiggerPockets
JANUARY 27, 2021
Deals brought to you can be like presents. Even one deal brought to you is worth the extra breath it takes to share your investing goals.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
BiggerPockets
JANUARY 27, 2021
Matt Oviat explains how he has been able to successfully navigate the pricey Utah real estate market by using some creative terms.
Housing Wire
JANUARY 27, 2021
For the second week in a row , mortgage applications decreased – this time, down 4.1% for the week ending Jan. 22, according to data from the Mortgage Bankers Association. The 30-year-fixed rate rose to 2.95%, its highest level since November 2020, according to Joel Kan, MBA associate vice president of economic and industry forecasting. All other mortgage rates in the survey posted a decline. “In a sign that borrowers are increasingly more sensitive to higher rates, large declines in
Housing Wire
JANUARY 27, 2021
It’s financial leaders like Realogy’s Charlotte Simonelli who inspired HousingWire’s latest award Program, HW Finance Leaders. This newest award recognizes the top finance executives in mortgage origination and real estate who are driving financial performance, expanding margins, improving liquidity and helping their businesses access the capital markets. .
Housing Wire
JANUARY 27, 2021
Influential mortgage broker advocacy group Association of Independent Mortgage Experts (AIME) has promoted Katie Sweeney to CEO. Sweeney was previously AIME’s executive vice president of strategy, and her duties included creating partnerships with top wholesale mortgage lenders and industry vendors. “I’m excited to rally for the independent originator by leading AIME’s support of brokers to develop future initiatives that are essential to the growth of the channel,” Sweeney said in a state
Housing Wire
JANUARY 27, 2021
The housing industry is keeping a close eye on the Biden administration’s proposal of a first-time homebuyer tax credit of $15,000. If passed, the funds — which would help cover a down payment — could be accessed immediately by the buyer at the closing table. Biden’s tax credit — along with Biden’s other economic goals outlined in his $1.9 trillion American Rescue Plan — is more of a possibility now that both Senate races in Georgia went to Democrats.
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