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Deephaven’s Tom Davis: ‘Either you take market share, or someone takes yours’

Housing Wire

If a broker is working with an investor that happens to dabble in non-QM, then they’re not going to get all the best practices we’ve aggregated over the last 12 years. For example, 30% of purchase transactions were new construction last year. Diego: Why the push into home equity ?

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How non-QM loans boost mortgage originator for success in 2025

Housing Wire

Buyers want affordable new homes, yet new construction listings are still playing catch up with their high-priced counterparts. If that isnt spectacular enough, Deephaven offers interest-only options for maximum property cash flow alongside cash-out solutions to consolidate debt and unlock equity. Why is that important?

Loans 270
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Can first-time homebuyers afford homes today?

Housing Wire

The share is collected monthly in the Realtors Confidence Index and includes buyers who purchased primary homes, vacation homes and investors. Additionally, buyers migrated to more affordable locations in low-density areas, allowing them to purchase a home with all cash, if they had housing equity from their past property.

Equity 459
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5 predictions for the 2022 housing market

Housing Wire

More inventory is expected from three sources: new single-family construction, ‘pent up’ sellers who had delayed selling during the pandemic and will be ready to move in the spring and borrowers who had exited from forbearance but continue to struggle to remain current. 2022 should be a strong year for housing.

Marketing 545
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The non-QM outlook for 2022

Housing Wire

The amount of equity in these loans, the underwriting, the guardrails around ATR have proven that this is a real, sustainable product that investors like.”. New construction has been hit hard by supply chain disruptions and materials and labor shortages, and inventory of existing homes is tight. Refinance decline.

Lending 416
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Despite lack of supply, existing home sales rise 6.7%

Housing Wire

Buyers were likely anticipating further rate increases and locking in at the low rates, and investors added to overall demand with all-cash offers,” said Lawrence Yun, NAR’s chief economist. The good news is there are several directions from which more supply may come, said Matthew Speakman, an economist at Zillow.

Sales 435
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LenderPulse Q4 2023 survey: Mortgage pros still see opportunities in the housing market

Housing Wire

The top three opportunities mortgage pros see are new construction (15.3%), first-time homebuyers (14.5%) and cultivating referrals and building new relationships with buyers, builders and agents (13%), according to HousingWire ‘s Q4 2023 LenderPulse survey. About 37% of respondents were spending money in social media and 34.8%

Mortgages 447