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A closer look at investor attitudes and trends in reverse mortgage stocks

Housing Wire

stock market, companies like Finance of America (FOA) and Ellington Financial — the parent of reverse lender Longbridge Financial — have recently released their third-quarter 2024 earnings results. For many investors, given the current state of volumes, it remains a niche market that doesn’t demand much attention.”

Investor 370
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Opinion: The Fed broke the banks. What’s next for mortgage?

Housing Wire

Many have already pointed to the failures of Silicon Valley Bank , Silvergate Bank , and Signature Bank as evidence that the Fed “finally broke something.” The Fed’s past actions in the name of checking inflation also threaten to break — or may already have broken — other critical economic sectors, including the housing market.

Banks 418
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Opinion: Regulators should focus on banks, not IMBs

Housing Wire

Before I open myself up to attacks here, I am using macro data from Urban Institute and there are certainly some banks who serve a broader swath of the market. But let’s start with the basics as to who really is expanding credit access in the market. I think it comes down to a core principal: IMBs only do mortgages.

Banks 370
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A repositioning of players in the MSR market is underway

Housing Wire

The mortgage-servicing rights (MSR) market remains robust as we turn the corner into 2024, and though it is expected to slightly underperform 2023, the market is still projected to notch healthy trading volumes in 2024 — hovering near the $1 trillion mark for the fourth year in a row, market observers forecast.

Marketing 434
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Meet the likely buyers of independent mortgage banks in 2023

Housing Wire

But Brian Hale, who is assisting several buyers in their hunt for independent mortgage bank acquisition targets, sees an even more brutal landscape ahead. Still, consolidation is clearly underway in the mortgage banking industry already. real estate market consider acquiring an IMB franchise. trillion to $1.7 trillion.

Banks 435
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The great mortgage bank consolidation wave is underway

Housing Wire

Up to 30% of the 1,000 largest independent mortgage banks are projected to disappear by the end of 2023 via sales, mergers or failures in the wake of the double whammy of still-rising inflation and interest rates. Purchase loans are simply harder to market and convert, harder to process, and they generate lower revenues and higher expenses.”.

Banks 418
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How to become a real estate broker & launch a brokerage — Advice from a KW mega broker

Housing Wire

If you live in one those states, leveling up your career might mean studying to become a Managing Broker or Principal Broker. Open bank and trust accounts Next, you’ll need to set up all the necessary business banking accounts and Trust accounts. This will be used in your marketing and branding, so be sure its polished.

Brokerage 369