As some borrowers exit forbearance and consider selling their homes, they could use some guidance to ensure they’re making the right decision. Using Xome’s Xpert Seller Program, servicers can help borrowers determine the best marketing strategy list and sell their homes. HousingWire recently spoke with Joe Cutrona, SVP, Auction Exchange
Now that we have clarity around the structure of the Federal Housing Finance Agency (FHFA), and as the president considers installing a new permanent director, an opportunity arises for the next evolution in housing finance policy. But success for either Acting Director Sandra Thompson — who, by all accounts, will
For the 20th straight week, servicers’ forbearance portfolio volume dropped — this time a staggering 26 basis points, to 3.50% in the period ending July 11, per a survey from the Mortgage Bankers Association. According to MBA’s estimate, 1.75 million homeowners are in forbearance plans. The share of Fannie Mae and Freddie Mac loans in forbearance decreased eight basis
As Chief Strategy Officer at Mortgage Capital Trading, Leslie Winick has harnessed her industry experience to help lead new technology innovations and industry-leading support that allowed MCT to continue to meet client needs despite the volatility of the past year. “Preparedness [over the past 18 months] was less about specific
Blend Labs‘ life as a public company is off to a promising start. Late last week, Blend sold 20 million shares of Class A stock at $18 apiece, raising $360 million. Shares closed trading at $20.90, giving Blend a valuation of around $4.6 billion. Blend CEO Nima Ghamsari will control
Margaret Redman has been named director of national commercial services and senior regional underwriting counsel for North American Title Insurance Co. as the firm’s parent company begins the process of rebranding in preparation for an independent public offering. Redman, who held C-Suite level jobs at Fidelity National Title and First
Homebuilder confidence for newly built single-family homes dropped one point to 80 in July, per the National Association of Home Builders and Wells Fargo Housing Market Index released today. It’s the lowest level since August 2020. High building material prices and supply shortages continue to hamstring homebuilders — in particular,
Seventy million dollars in seed funding is a colossal investment for an unproven tech startup, even one that promises to fully disrupt a relatively low-margin, traditional industry like mortgage lending. But this is no ordinary mortgage startup. Venture capital investors including Zillow founder Spencer Rascoff and Trulia co-founder Pete Flint,
The second big mortgage joint venture announcement this week is a meeting of the Glenns. Glenn Sanford’s eXp World Holdings announced Thursday a mortgage joint venture with Glenn Stearns’s Kind Lending, called Success Lending. The declaration comes 48 hours after Compass and Guaranteed Rate told of a definitive agreement to
Real estate platform OJO Labs is expanding into Canada, the company announced this week. Canadian customers can now work directly with the OJO concierge team to connect with local agents and mortgage professionals from Royal Bank of Canada, said Natalka Falcomer, who was named president of OJO Home Canada. “OJO
Home sales fell 1.2% from May to June, the largest drop at this time of year on record since at least 2012, according to a new Redfin study released this week. The national median home-sale price hit a record high of $386,888, up 25% year over year, but a slight
While the Federal Housing Administration‘s Home Equity Conversion Mortgage program has seen improved performance, there are still several key areas of concern. That’s according to Julienne Joseph, the FHA’s deputy assistant secretary for single-family housing, who shared her perspective on the space with an audience of reverse mortgage professionals this
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
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