Fannie Mae met all of the housing goals the Federal Housing Finance Agency imposed for 2020, but Freddie Mac failed its low-income refinance goal. The government-sponsored enterprise lagged the wider market in its acquisitions of low-income refinances. Freddie Mac has 45 days to submit a plan to the FHFA for
The venture-backed title company Doma announced the expansion of its Doma Intelligence platform to Washington, Utah, Maine, Tennessee, Mississippi and Kentucky on Monday. This brings the platform’s coverage to approximately 83% of the U.S. residential real estate market based on gross written premiums. “These additional markets take us closer to
Detroit-based platform Rocket Companies, the parent of Rocket Mortgage, announced on Monday it is acquiring the personal finance app Truebill for $1.275 billion in cash. The acquisition, expected to close prior to the end of the year, is a step toward a centralized platform for clients to manage their financial
The Covid-19 pandemic hit Jeffrey Wilen and his family hard. In July 2020, he lost his job as an editor at a consulting firm for spa professionals. By that point, his wife, fearing infection, had already decided to resign as a part-time assistant teacher to stay home with their three
Redwood Trust Inc. has long been a major player in the private-label securitization market, and it sees a looming problem brewing in the housing industry. That issue is about boundaries — specifically, the line drawn between the roles of private industry and the government in the housing market. Redwood completed more
There is no slowing down Stewart Title. The smallest of the “Big Four” title insurers announced Thursday that it had acquired Michigan-based Devon Title Agency, gaining scale in a hot housing market. “The addition of Devon to the Stewart family of companies establishes us as one of the market leaders
This past week I had the opportunity to talk to Don Taylor with HSPO and our sales team about how one can improve the sales process and to figure out why clients went with your company and why they stayed doing business as well. One of the main topics we
As we approach 2022, some concerning headwinds confront the mortgage origination industry. For companies to survive and thrive, mortgage executives must focus on three primary factors: risk, strategy and efficiency. In terms of managing financial risk, considerations include interest rate, market and reputation. Risk is becoming more pronounced as the
HousingWire recently spoke with Selene Finance‘s Chief Revenue Officer John Vella about the ways subservicing can help lenders and servicers going into 2022. HousingWire: What about 2022’s anticipated market makes subservicing a particularly good opportunity for lenders and servicers? John Vella: With production volumes flattening out and non-QM originations increasing,
Nominations for the 2022 HousingWire Tech100 Mortgage and Tech100 Real estate are closing today. The Tech100 Mortgage Award recognizes the companies and solutions that are revolutionizing the mortgage process – from origination to closing, and servicing to secondary markets. The Tech100 Real Estate Award recognizes the 100 technology companies that are changing the home
Banks are increasingly looking over their shoulders as they cope with regulatory changes, worry about fines and manage business risk, according to a survey by Wolters Kluwer Compliance Solutions. The Dec. 14 survey, collected responses from 391 mortgage companies, banks and credit unions from Aug. 4 to Sept. 6 on
Today, the U.S. Census Bureau reported that housing starts came in as a beat at 1,679,000 for November. The more critical number of housing permits came in 1,712,000, a solid uptick from last month, and we saw slightly positive revisions to previous numbers. Housing starts data has been choppy lately,
Meridian Listing Agent Kevin Harper Says Idaho Real Estate Market Stronger Than Many Expected
Lake & Town Realty Partners With Real Estate Portal Lakefront Living Realty LLC
Reseller Hosting Provider Launches White Label Webhosting Education Campaign For Freelancers
Ohio Investment Real Estate Broker Launches New Property Search Website
Zillow News Truth Delta: Opinion & Editorial