Housing Wire

JULY 15, 2022

Wells Fargo ‘s second-quarter earnings reflect the broader challenges mortgage lenders face in such a turbulent market – in just six months, a rapid rise in mortgage rates has eroded consumer demand, shocked capital markets and forced mass industry layoffs. And those fundamental challenges are not going away anytime soon. The third-biggest U.S. mortgage lender by volume on Friday reported a decline in originations, a decrease in gain-on-sale margins and lower revenues from the re-securitiz

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Business Mortgage Lending Retail 430

Appraisal Buzz

JULY 15, 2022

The number of homes for sale nationwide in June rose 2%, the first annual increase since July 2019 —according to a new report from Redfin. Supply has built up as the combination of 5.5%-plus mortgage rates, high home prices and a faltering economy push more buyers to the sidelines, thereby creating a more balanced market. … The post Housing Supply Rises for First Time in Nearly Three Years appeared first on DSNews.

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Buyers Appraisal Mortgage Marketing 195

Housing Wire

JULY 15, 2022

Four new mortgage-servicing rights (MSR) offerings for agency loan portfolios valued at some $3.7 billion hit the market as the third quarter of the year kicked off. Alexandria, Virginia-based advisory and brokerage firm Prestwick Mortgage Group , along with its strategic partner, San Diego-based Mortgage Capital Trading (MCT), recently released bid documents for two separate MSR offerings involving loan portfolios valued at $1.85 billion in total.

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Marketing Mortgage Brokerage 421

Appraisal Buzz

JULY 15, 2022

The results of Fannie Mae ’s twenty-sixth reperforming loan sale transaction include the sale of approximately 4,390 loans totaling $889.75 million in unpaid principal balance (UPB), divided into two pools. The winning bidders of Pool 1 and Pool 3, respectively, were Pacific Investment Management Co. LLC (PIMCO) and Kah Capital Mortgage Credit Master Fund II LP, each awarded individually.

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Investing Appraisal Mortgage 195

Housing Wire

JULY 15, 2022

Rocket Companies ‘ subsidiary Edison Financial will rebrand as Rocket Mortgage next month in Canada, a market with more than $760 billion (CAD) in mortgage originations annually. Mortgage brokerage Edison Mortgage, which works with more than 50 lenders, reached $1 billion (CAD) in annualized submitted volume in March 2020, according to the firm.

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Brokerage Mortgage Real Estate Lending 408

Appraisal Buzz

JULY 15, 2022

While homeownership is one of the cornerstones of the American Dream, realistically owning a home is just not in the cards for segments of the population. Renting, either by choice or by circumstance, will be the primary way they house themselves for the majority of their lives. All-in-all, some 44 million households rent on an annual … The post Where Can Renters Find the Best Deals?

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Appraisal 195

Appraisal Buzz

JULY 15, 2022

Against the backdrop of one of the toughest housing markets in history, Ginnie Mae helped support affordable homeownership and rental unit development for more than 164,000 households in June. The post Ginnie Mae MBS Monthly Issuance Reaches $46B in June appeared first on DSNews. The post Ginnie Mae MBS Monthly Issuance Reaches $46B in June appeared first on Appraisal Buzz.

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Development Housing Market Appraisal Marketing 195

Housing Wire

JULY 15, 2022

This week’s HW+ member spotlight features Brian Gubernick, chief real estate officer at Homeward. He has more than 15 years of industry experience, holding multiple positions in the industry including being an investor, team owner/leader, brokerage operating partner, coach and trainer and corporate executive. Below, Gubernick answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why?

Real Estate 396

Real Estate Realtors Brokerage Business 396

Appraisal Buzz

JULY 15, 2022

The number of homes for sale nationwide in June rose 2%, the first annual increase since July 2019, according to a new report from Redfin. Supply has built up as the combination of 5.5%-plus mortgage rates, high home prices and a faltering economy push more buyers to the sidelines, thereby creating a more balanced market. Home sales fell nearly 16% from a year ago, the largest decline since May 2020.

Buyers 195

Buyers Appraisal Mortgage Marketing 195

GoForrmz

JULY 15, 2022

Aldridge Electric saves time with integrations and an easy-to-use interface for all devices. “ Document visibility is one of our top benefits with GoFormz. Paperwork isn’t being lost, and it isn’t difficult to get to. ” — Nathan Skandera, Quality Manager at Aldridge Electric. The Challenge: Having used multiple digital form solutions in the past, Aldridge Electric needed a system to integrate with Procore and keep accurate records of their safety forms, with a mobile-friendly sol

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Appraisal Buzz

JULY 15, 2022

An upcoming webinar will present a panel of experts from across the servicing space analyzing the state of the market and what the future holds for mortgage servicing professionals. The post The Week Ahead: Exceling in the “Golden Age” of Mortgage Servicing appeared first on DSNews. The post The Week Ahead: Exceling in the “Golden Age” of Mortgage Servicing appeared first on Appraisal Buzz.

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Mortgage Appraisal Marketing 170

BiggerPockets

JULY 15, 2022

Undoubtedly, active real estate investors have heard about raising private money for real estate projects. Blogs, podcasts, books, and other media share tactics to successfully find this capital and have […].

Lending 63

Lending Investing Real Estate Investors 63

Appraisal Buzz

JULY 15, 2022

DS News spoke to the National Mortgage Servicing Association’s 2019-2021 Chair Wes G. Iseley and 2022-2024 Chair Jocelyn Martin-Leano about the state of the servicing landscape and what lies ahead. The post The Changing of the Guard: A Conversation With NMSA’s Incoming and Outgoing Leadership appeared first on DSNews. The post The Changing of the Guard: A Conversation With NMSA’s Incoming and Outgoing Leadership appeared first on Appraisal Buzz.

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Appraisal Mortgage 150

Mashvisor

JULY 15, 2022

When done well, real estate can be one of the most secure investments available. Buying an investment property is an exciting prospect.

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Investing Home Improvement Investors Real Estate 69

BiggerPockets

JULY 15, 2022

You’re here to buy your first rental property. This is the Real Estate Rookie Podcast, and as a rookie, where should you start? Most new real estate investors think that […].

Real Estate 60

Real Estate Investors 60

Lamacchia Realty

JULY 15, 2022

Lamacchia Realty participated in the annual Corporate Cup to raise money for Boston Children’s Hospital on Thursday. The team is proud to have raised $61,647 this year and was named the #1 Fundraising team for the entire program !! All of the money raised goes directly to funding enrichment programs for the children and supporting families of patients at Children’s Hospital, while also funding research and facilities to help find cures and better treatments.

Realty 54

Realty Agents 54

Mortgagebroker News

JULY 15, 2022

"We're already looking for home prices to pull back… and now the risks are that they may decline even further and faster"

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Lamacchia Realty

JULY 15, 2022

Boston 25 Zip Trips are back and Lamacchia Realty will be there all summer long ! Today we visited Wakefield, MA where Jackie Louh discussed the current housing market, the local area, and so much more! Check out the video to the right to learn what the market is up to in that area! The post Boston 25 Zip Trip: Wakefield, MA appeared first on Lamacchia Realty.

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Realty Housing Market Marketing 48

Mortgagebroker News

JULY 15, 2022

Massive Bank of Canada moves are dragging down housing market activity, according to a new report

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Housing Market Marketing 66

Houston Properties

JULY 15, 2022

Guide to The Tanglewood Condo Houston. Built in 2001, located in Galleria, see The Tanglewood condos for sale, amenities, pictures & reviews. The Tanglewood is only a few blocks from Galleria. Located here are the Galleria Mall and the European-themed Uptown Park shopping center. It features: EXCELLENT AMENITIES: The building offers a 24-hour concierge service and controlled garage access.

HOA 36

HOA Architecture Design Realtors 36

Mortgagebroker News

JULY 15, 2022

She brings a wealth of managerial, public affairs, advocacy, and board experience to the firm

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Houston Properties

JULY 15, 2022

4 Key Piney Point Real Estate Trends. See Piney Point real estate, home sales, and investment data. The article covers Piney Point neighborhood analysis and review of homes for sale. Piney Point is one of the upscale villages that make up the Memorial Villages. It is located about 10 miles west of Downtown Houston. The neighborhood is the wealthiest area in Texas by per capita income.

Real Estate 36

Real Estate Real Estate Agent Realtors Agents 36

Mortgagebroker News

JULY 15, 2022

A reverse mortgage boosts clients without depleting investment accounts

Clients 69

Clients Investing Mortgage 69

Eppraisal

JULY 15, 2022

A beautiful and comfortable backyard retreat is high on the list for many homeowners. The traditional deck or regular concrete patio have been longtime favorites. Paver brick patios have also been on trend of late. More and more homeowners are now choosing stamped concrete patios. Their colors and designs add a little more beauty and t hey can also help add to home values.

HOA 36

HOA Home Value Design Investing 36

Mortgagebroker News

JULY 15, 2022

Market lethargy in Ontario was largely to blame, according to the national statistics agency

Construction 62

Construction Investing Marketing 62

Housing Wire

JULY 15, 2022

One statistic in the Mortgage Bankers Association ’s latest quarterly Mortgage Bankers Performance Report sticks out for all of the wrong reasons. In the first quarter of 2022, the average cost to originate a mortgage for an independent mortgage bank was more than $10,000 per loan, rising for the seventh consecutive quarter and breaking previous report records. .

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Technology Transportation Mortgage Real Estate 409

Mortgagebroker News

JULY 15, 2022

New fintech alliance comes amid the Bank of Canada's oversized rate increases

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GoForrmz

JULY 15, 2022

Improve your practice’s processes with technology Building a medical practice means staying up to date on the latest technologies and digital solutions for your practice as well as your patients. When was the last time you did a full audit of all the technological solutions your business is running? Everything from your digital patient intake forms to your electronic communication methods counts as a part of your tech stack, so that list may be long.

Technology 147

Technology Clients Transportation Insurance 147

Mortgagebroker News

JULY 15, 2022

There's plenty of optimism ahead – but equal food for thought

Construction 69

Construction 69

Houston Properties

JULY 15, 2022

4 Important Things To Know About Spring Valley Real Estate. See Spring Valley real estate, home sales, and investment data. The article covers Spring Valley neighborhood analysis and review of homes for sale. Spring Valley Village is one of the two Memorial Villages located north of the I-10. It is a peaceful, mostly residential enclave 10 miles west of Downtown Houston.

Real Estate 36

Real Estate Real Estate Agent Realtors Agents 36

Mortgagebroker News

JULY 15, 2022

CMP is searching for the country's top emerging young talents

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Houston Properties

JULY 15, 2022

Southampton Houston Real Estate Trends. See Southampton real estate, home sales, and investment data. The article covers Southampton neighborhood analysis and review of homes for sale. Southampton Place Houston is an affluent enclave known for its oak-lined streets and luxury homes for sale. I is one of the 14 Hottest Inner Loop Neighborhoods in Real Estate.

Real Estate 36

Real Estate Real Estate Agent Realtors Agents 36

Mortgagebroker News

JULY 15, 2022

Another significant monthly decline was posted in June

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Buys Brokers Only LLC

JULY 15, 2022

The median price of a single-family home in Medfield, Massachusetts surpassed $1 million in June and through the first six months of 2022, according to data compiled by the Massachusetts Association of Realtors.

Realtors 53

Realtors Real Estate Marketing 53