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Opinion: From Lehman to a digital housing platform

Housing Wire

The great financial crisis (GFC) revealed a defective supply chain, metrics unable to assess local risk and markets incapable of answering Ben Bernanke ’s defining question – “what’s this stuff worth?” Validation : Mortgage is a manufacturing process with end products dependent on accurate information. What’s next?

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The housing market slowdown has only just begun: Fannie Mae

Housing Wire

The latest forecast also projects total mortgage origination activity at $2.44 The mortgage market is projected to slip further to $2.17 Over the past couple months, this number (supply of completed homes) has begun to move upward, suggesting homebuilders may soon offer greater price concessions to drive sales.”.

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Existing Home Sales Strongest Since 2006 Despite Supply Limits

Eyes on Housing

Fueled by low mortgage interest rates and strong demand, annual existing home sales reached 15-year high in 2021, according to the National Association of Realtors (NAR).

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Pending home sales reach highest May mark in 16 years

Housing Wire

The strong increase in home sales and transactions in May —following a dip in April — was a surprise, per Lawrence Yun, National Association of Realtors chief economist, who attributed the home sales increase to mortgage rates remaining below 3%, as well as an uptick, nationally, in listings. year over year.

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Despite lack of supply, existing home sales rise 6.7%

Housing Wire

annually to $350,000, according to the Friday report from the National Association of Realtors. The supply of homes for sale fell to a record low, down 16.5% months of supply; a healthy market generally has between four and six months of supply. from December and mortgage rates shot up 30 basis points.

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Opinion: What the ICE-Black Knight merger means

Housing Wire

Many industries began to deploy electronic supply chains in the 1980’s. MERS provided a trusted “golden record” of the owner of the mortgage loan asset, Simplifile reaches the county recording end-points, IDC integrated $5.2B Realtors have a structural advantage as the listing event is the signal to downstream transactions.

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The secondary market is primed to rise in 2022

Housing Wire

Projecting the outlook for the housing market in the coming year, including prospects for the secondary market for mortgage-backed securities, can be an exercise in crystal-ball gazing, but one indicator key to bringing clarity to that crystal ball is the direction of interest rates. Mortgage rates will steadily rise, possibly to 3.3%

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