Mon.Nov 28, 2022

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Can we still avoid a recession?

Housing Wire

Economic reports over the Thanksgiving holiday paint a complicated picture of what’s happening, and where we are on recession watch. The big economic surprise was the strength of Black Friday sales, where consumers spent a record $9.12 billion online.

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Declining Trend of Two-Story Foyer

Eyes on Housing

Information obtained from the US Census Bureau’s Survey of Construction (SOC) and tabulated by NAHB, shows the share of new homes with a two-story foyer decreased in 2021. For 2021, most new single-family homes were built without a two-story foyer nationally and regionally.

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JPMorgan Chase gets into the DSCR MBS game

Housing Wire

JPMorgan Chase will soon be issuing its first non-prime MBS secured exclusively by investor loans that are underwritten based on rental income. JPMorgan Mortgage Trust 2022-DSC1 is secured by 980 debt service coverage ratio (DSCR) loans with a balance of $308.2

Investors 317
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Homes DO Sell During the Holidays – 2022

Lamacchia Realty

HOMES DO SELL DURING THE HOLIDAYS! Mythbuster: Homes actually DO SELL during the holiday season! Quite often, too often, in fact, REALTORS ® hear home sellers say that they want to take their home off the market for the holiday season.?Their

Realty 60
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Lenders aren’t getting déjà vu with the current downturn, so what’s different?

Housing Wire

Many lenders are not getting a sense of déjà vu with the current mortgage industry downturn, according to mortgage advisory firm Stratmor Group. “This one feels different,” a recent Stratmor report states, citing executives in the mortgage industry. .

Retail 280
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[Webinar] Automate Your Business Tasks with GoFormz Workflows

GoForrmz

Solve repetitive business tasks with automation using GoFormz Workflows Is your workday filled with repetitive tasks like data entry, file sorting, and paperwork processing? Good news, there’s an easier way!

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How does patience and persistence help a mortgage professional?

Mortgagebroker News

Self-employed broker reveals his tips

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Homepoint offers $500 credit on appraisals for primary homes

Housing Wire

Pure wholesale lender Homepoint will provide a $500 credit on appraisal costs for borrowers buying primary homes that are designated as Fannie Mae HomePath properties, the company announced on Monday. .

Appraisal 265
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2022 Mortgage Global 100

Mortgagebroker News

Check out the annual list of the leading mortgage professionals across the UK, Canada, the US, Australia and New Zealand combined

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Opinion: We don’t need increased regulation of IMBs

Housing Wire

Last week the Wall Street Journal published a story by Andrew Ackerman stating that the Biden administration wants to target nonbanks for tougher oversight and additional regulation.

Insurance 284
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Revealed – the Mortgage Global 100 for 2022

Mortgagebroker News

List highlights best of the best who are driving forward innovation and improving the sector

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The Ticking Time Bomb In Real Estate Is Not Prices—It’s This

BiggerPockets

Are nightmares about the economy still keeping you awake at night? Well, the news lately has been fairly mixed. There are reports that prices won’t fall as much and might […]. Opinion Articles

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TD Bank, Canada Post freeze rural lending program

Mortgagebroker News

Collaborative effort ran into "bad actors", organizations say

Lending 58
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How to Reach Financial Freedom in 2023 with Small Multifamily Properties

BiggerPockets

Small multifamily investing is one of the easiest, fastest ways to find financial freedom. We’re not talking about any “get rich quick” promises or risky businesses—thousands of real estate investors […]. All BiggerPockets Real Estate Podcast

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Top lenders have their say on 2023 outlook

Mortgagebroker News

The Canadian Mortgage Summit saw leading lending executives give their views on what the industry needs to focus on

Lending 58
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A Most Embarrassing Experience

Town & Country Residential Appraisals

I might not look like the picture of health, but over the years, I have tried to take my health seriously. Since I’m not a morning person, I like to find simple ways to balance rushing around in the morning that includes getting my caffeine intake and breakfast. The caffeine is mandatory.

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Montreal housing supply to get another federally supported boost

Mortgagebroker News

New project to offer nearly a hundred homes

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Giving Tuesday 2022: Which Charities Will Use Your Money Wisely?

BiggerPockets

For the past decade, Giving Tuesday has been a way for everyday Americans to donate their money, or time, to charities and causes that help collectively make the world a […]. All BiggerPockets Money Podcast

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What is the latest in the Edmonton office sector?

Mortgagebroker News

Avison Young releases new market highlights

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How Real Estate Big Data Can Help You Find Your Next Profitable Investment Property

Mashvisor

It’s undebatable—real estate big data and the resulting analytics are proving to be essential for finding a profitable investment property.

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Corny Jokes To Gobble Up For Your Thanksgiving Dinner

Houston Properties

Share a quick laugh with our award-winning Realtors

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Should You Buy a Short Term Rental in Dallas in 2023?

Mashvisor

Dallas has always been one of the best locations for vacation rentals. Will buying a short term rental in Dallas remain profitable in 2023?