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Local Housing Markets: Fargo, Bergen County and 30A, Florida

Housing Wire

Local housing markets is a HousingWire magazine feature spotlighting housing trends across the country. Recently, Bergen County has been home to one of the hottest housing markets in the country. Although the market in Walton County cooled in the later part of 2022 and in the early months Pasadena, Calif.

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Announcing the 2023 Tech100 Mortgage Winners

Housing Wire

These are the companies and solutions helping mortgage professionals capture market share, retain borrowers and improve margins in an ever-changing housing market. The following table shows the 2023 winners. Congratulations to the 2023 Tech100 Mortgage honorees.

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2021 HW Tech100 Mortgage Winners

Housing Wire

These companies are truly leading the way toward a more innovative and efficient housing market. Pasadena, CA. Most importantly – they are helping mortgage lenders and services deliver outsized growth driven by innovation and impact. Loan Origination, Servicing. FICS (Financial Industry Computer Systems). Addison, TX.

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There’s more blood on the tracks in the non-QM market

Housing Wire

The latest non-QM player to feel the pain of the interest rate volatility afflicting the nation’s housing market this year is a Pasadena, California-based real estate investment trust called Western Asset Mortgage Capital Corp. The REIT, which is managed by investment advisor Western Asset Management Co.

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Santa Monica: An unexpected haven for first-time buyers

Housing Wire

The influx of first-time buyers in the Santa Monica housing market has resulted in frequent bidding wars on lower price point properties. “At At the lower price points, they are pretty common,” Cilic said of multiple offer situations. In comparison, in May of 2019, there were nearly 15,000 active single-family listings.

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Redwood Trust, Angel Oak Mortgage awash in red ink in Q2

Housing Wire

The REIT, however, warns that there are still plenty of low-rate jumbo mortgages for the nation’s housing market to digest. Redwood’s earnings-review report states that the majority of jumbo inventory “yet to be sold or securitized in the current market is at lower coupons [3.5%

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