Mortgage companies are in a pitched battle for talent. From top-performing loan officers to sales, operations and fulfillment professionals, attracting and retaining the best of the best is increasingly difficult. That’s why HousingWire created our engage.talent summit — a one-day conference in Dallas on Feb. 6 packed full of insights from
iBuying appeared to make a big leap forward this year, with more companies expanding into the direct buying market seemingly every month. But despite all the talk, iBuying only accounted for about 3% of home sales in 2019. However, there are several neighborhoods in the U.S. in which iBuyers (companies
More than three years ago, Fannie Mae and Freddie Mac announced that they were changing the standard mortgage application form for the first time in 20 years. The companies later dictated that lenders would be required to begin using the new loan application by Feb. 1, 2020. But that all changed earlier this year when the government-sponsored enterprises
The Mortgage Collaborative, an independent cooperative network, experienced record growth in 2019, finishing the year with its highest level of lender engagement and new members to date. This year marks the third-straight year that they’ve added more than 40 new members, with a significant amount of the growth coming from
A refinancing boom is driving profitability at nonbank lenders, according to a Moody’s Investors report. The boost may not last, it said. “The profitability of rated non-bank mortgage firms perked up in the third quarter, after a weak first half, driven by elevated refinance origination volumes that we expect to
In the wake of the Great Recession, the housing market significantly weakened as home values were slashed, origination volumes slowed, and prospective buyers refrained from entering the market. Now, ten years following the collapse, the nation’s economic landscape has changed dramatically, and with it so has the relationship between consumer and
Due to low rental home inventory, single-family rental prices continued to rise throughout 2019. And the increases were not limited to one class of property either. Low-end rent prices went up 3.6%, while high-end price gains rose 2.9%, according to CoreLogic’s Single-Family Rent Index. “Increases in low-end rent prices have
Resolution to the trade war could bring some pain for housing in the future! Wait, what did I say? Logan Mohtashami, Columnist One of the things I have stressed over the years is that what is right for domestic growth and world growth can facilitate a demand hit for housing.
The U.S. housing market will be an “engine of growth” for the economy in 2020, dispelling the risk of recession, according to Fannie Mae Chief Economist Doug Duncan. “Housing appears poised to take a leading role in real GDP growth over the forecast horizon for the first time in years,”
Mortgage applications retreated 5% from last week, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. This means on an unadjusted basis, the index fell 5% for the week ending on Dec. 13, 2019. Mike Fratantoni, MBA’s senior vice president and chief economist, said mortgage rates were mostly unchanged, even as a potential
Senior housing wealth has reached yet another high. Homeowners ages 62 and older saw their housing wealth grow 0.3%, or $24 billion, in the third quarter this year. That puts overall senior wealth at a record $7.19 trillion in Q3, according to the National Reverse Mortgage Lenders Association. Overall senior
Depending on who you talk to, a 2020 recession ranges anywhere from somewhat likely to imminent. Buildfax, a housing data and analytics company, has been tracking the probability of a recession throughout 2019. Some of the indicators the company uses to measure the likelihood of an economic downturn can be
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
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Ohio Investment Real Estate Broker Launches New Property Search Website
Zillow News Truth Delta: Opinion & Editorial