Housing Wire

OCTOBER 22, 2024

financial system, including the mortgage sector. Announced on Tuesday, the new rule mandates that financial providers — including banks, credit card issuers and mortgage companies — share personal financial data for free with their peers when customers request it.

Banks 446

Banks Mortgages Lending Staging 446

Housing Wire

JANUARY 8, 2025

mortgage servicer as of September 2024, with an owned portfolio of $728 billion, per Inside Mortgage Finance. They concluded that Bayview and its affiliates delayed the regulatory process by not promptly complying with requests during the early stages of the inquiry. Lakeview was the third-largest U.S.

Staging 417

Staging Loans Mortgages Banks 417

Housing Wire

JANUARY 29, 2024

When it comes to home staging, there are two homeowner camps: those who think it’s a waste of money and don’t want to pay more to make their home more attractive to buyers and those who realize the worth and are willing to make the investment needed. As a listing agent , I pay for both a staging consultation and staging items as needed.

Staging 459

Staging Agents Sales As-is 459

Housing Wire

APRIL 26, 2024

In February 2024, the national delinquency rate for residential mortgages stood at 2.8%, marking an 0.2 The data provider examined all stages of delinquencies to gain a complete view of the mortgage market and loan performance health. Early-stage delinquencies (mortgages 30 to 59 days past due), accounted for 1.5%

Mortgages 499

Mortgages Staging Principal Loans 499

Housing Wire

MAY 30, 2024

In March 2024, the national delinquency rate for residential mortgages stood at 2.8% The data provider examined all stages of delinquencies to gain a complete view of the mortgage market and loan performance health. Early-stage delinquencies (mortgages 30 to 59 days past due) accounted for 1.5% in March 2023.

Mortgages 474

Mortgages Staging Principal Loans 474

Housing Wire

MARCH 4, 2025

In an environment of high home prices and elevated mortgage rates , older homeowners taking a closer look at less expensive areas to make their money go further is not an isolated phenomenon. Real estate agent Lisa Di Pasquale described her success in such a scenario in a previous interview with HousingWire s Reverse Mortgage Daily (RMD).

Equity 399

Equity Principal Staging Development 399

Housing Wire

JANUARY 22, 2025

Rocket Companies today announced the launch of Rocket.com, officially putting Rocket Mortgage and Rocket Homes on the same platform. The announcement comes shortly after Rocket unveiled the first stage of its rebrand and is a part of the company’s conscious effort to unify Rockets many companies under a single umbrella.

Staging 370

Staging Design Mortgages Finance 370

Housing Wire

JUNE 27, 2023

Whether you’re in the marketing space, a mortgage executive at a lender or real estate leader, we’ve designed this so all attendees can learn from the path these creative and innovative executives have walked to inform your go-to-market strategy for 2024. “We The CMO Playbook sessions are especially interesting.

Staging 434

Staging Marketing Mortgages Industrial 434

Housing Wire

NOVEMBER 4, 2024

As high mortgage rates reshape the housing market, existing homes are making up a larger percentage of for-sale inventory, and homebuyers are taking notice. Recently, the “lock-in effect” has kept homeowners with historically low-rate mortgages from selling, but this effect is easing. million units. The sales pace was down 3.5%

As-is 370

As-is Marketing Construction New Construction 370

Housing Wire

NOVEMBER 4, 2024

This week, we count 14% more homes in the contract pending stage now than a year ago. Last year was weak as mortgage rates were hitting 8%. Mortgage rates were super high and inventory was building. That difference can be attributed to mortgage rates staying higher for longer through September. It’s really just one week.

Sales 393

Sales Staging Mortgages Closing 393

Housing Wire

JUNE 27, 2022

The national mortgage delinquency dropped to an all-time low in May, continuing two consecutive months of a decline since March. million properties were in early-stage delinquencies, defined as borrowers who missed a single mortgage payment, which is a slight increase of 0.2% A total of 1.46 A total of 1.46

Mortgages 531

Mortgages Staging Renovation Loans 531

Housing Wire

OCTOBER 4, 2021

In several previous articles I have opined that an increase in mortgage rates may be our only hope for slowing the escalation of home prices that we’ve been experiencing for the past year. We need the days on market to grow out of the teenager stage. The post When will mortgage rates get over 4%? Become a member today.

Mortgages 529

Mortgages Days on market Staging Marketing 529

Housing Wire

SEPTEMBER 28, 2023

mortgage delinquencies remained almost unchanged in July, nudging up 0.1 mortgage delinquencies remained near a record low in July, with the share of homes entering that status or progressing to later stages either unchanged or lower,” said Molly Boesel, principal economist for CoreLogic , in a news release. Overall U.S.

Mortgages 468

Mortgages Staging Equity Principal 468

Housing Wire

AUGUST 15, 2024

Sky-high home prices and elevated mortgage rates are putting increasing strain on homeowners. That’s the takeaway from two reports released this week showing that foreclosure activity and mortgage delinquencies are rising. Geographically, there’s divergence between mortgage delinquency and foreclosure activity.

Mortgages 473

Mortgages VA loan FHA loan Staging 473

Housing Wire

JANUARY 15, 2025

The resulting housing market crash and the Great Recession led policymakers to overcorrect by tightening mortgage lending standards and limiting funds for new construction. Housing policy needs to be better at planning for the needs of different age groups and their life stages to avoid mismatches between supply and demand, Myers said.

Lending 418

Lending New Construction Staging Construction 418

Housing Wire

FEBRUARY 6, 2025

New data released Thursday by the Mortgage Bankers Association (MBA) revealed that the delinquency rate for mortgages on one- to four-unit residential properties increased to a seasonally adjusted rate of 3.98% of all loans outstanding at the end of 2024.

VA loan 385

VA loan FHA loan Debt-to-income ratio Loans 385

Housing Wire

NOVEMBER 12, 2024

Digital mortgage exchange platform and loan aggregator MAXEX announced on Tuesday the hiring of mortgage technology veteran Daniel Wallace as its new chief operating officer. Wallace brings more than 30 years of experience as a leader of tech-focused mortgage, asset management and capital market platforms. “The U.S.

Technology 370

Technology Finance Mortgages Lending 370

Housing Wire

SEPTEMBER 30, 2023

Why are mortgage rates rising? The jobless claims data is my key 2023 economic data line for the bond market and mortgage rates because I don’t believe the Fed will pivot until the four-week moving average of jobless claims gets above 323,000. ” My answer: “Stop talking about raising rate at this stage with a hawkish outlook!”

Mortgages 521

Mortgages Land Staging As-is 521

Housing Wire

DECEMBER 21, 2023

While delinquencies remain low overall, the number of delinquent loans ticked up in November, according to the latest ICE Mortgage Monitor report. Meanwhile, early-stage delinquencies (30 and 60 days past due) continued to increase. Moreover, early-stage delinquencies among VA loans hit their highest non-pandemic levels since 2009.

Mortgages 459

Mortgages VA loan FHA loan Staging 459

Housing Wire

MARCH 22, 2024

Mortgage delinquencies improved again in February as prepayment activity increased moderately. The national delinquency rate eased to 3.34% in February, down from 3.38% in January, according to an Intercontinental Exchange (ICE) mortgage performance report released Thursday. On the other hand, foreclosure starts marked a 27.7%

Mortgages 476

Mortgages Loans Staging Sales 476

Housing Wire

SEPTEMBER 6, 2024

In an industry where managing a web of technology vendors to support LO’s sales and marketing needs has become overwhelmingly complex, inefficient and creates unnecessary security and compliance risks, CANDID is quickly becoming a leader in transforming how mortgage lenders operate.

Mortgages 459

Mortgages Technology Staging Industrial 459

Housing Wire

NOVEMBER 9, 2021

Mortgage delinquency rates hit the lowest level since the beginning of the pandemic in August, according to the most recent CoreLogic Loan Performance Report. In August, 4% of mortgages were delinquent by at least 30 days, including foreclosure, a drop from the 6.6% Early-stage delinquencies (30 to 59 days past due) went from 1.5%

Mortgages 514

Mortgages Equity Loans Staging 514

Housing Wire

JUNE 11, 2024

Department of Housing and Urban Development (HUD) has terminated the Federal Housing Administration (FHA) direct endorsement approval for Open Mortgage in Iowa. “HUD Texas-based multichannel lender Open Mortgage has originated about $400 million in mortgages over the past 12 months, per mortgage tech platform Modex.

FHA loan 475

FHA loan Mortgages Loan Officer Loans 475

Housing Wire

APRIL 29, 2024

Guild Mortgage CEO Terry Schmidt speaks last week at The Gathering by HousingWire in Scottsdale, Arizona. Cherry Creek’s addition to Guild One of the biggest examples of this came during a discussion between HousingWire Editor in Chief Sarah Wheeler and Terry Schmidt, the CEO of Guild Mortgage.

Mortgages 459

Mortgages Staging Lending Equity 459

Housing Wire

JANUARY 20, 2025

It is the ballet of our lives being rendered on a stage we can finance thanks to a robust secondary market. Mortgages are the ink in the typewriter. David Wickert is the president at Accunet Mortgage. Over the past few years, the noisy misdirection of data had us thinking homeownership was cerebral. Its storytelling.

Staging 370

Staging Finance Mortgages As-is 370

Housing Wire

OCTOBER 23, 2023

While the mortgage delinquency rate remains low compared to pre-pandemic levels , the number of delinquent loans ticked up in September, according to the ICE Mortgage Monitor report. Meanwhile, early-stage delinquencies (30 and 60 days past due) continued to increase. However, the rate of serious delinquencies remains 6.7%

Mortgages 482

Mortgages Staging Loans Sales 482

Housing Wire

MAY 20, 2024

According to Todman, the industry has been asking for years for HUD to be helpful on assumable mortgages, which “is a complex transaction that she has “come to understand that sometimes the juice is not worth the squeeze.” ” There was a “hue and cry,” Todman said. .

Mortgages 466

Mortgages Loans Staging Industrial 466

Housing Wire

SEPTEMBER 9, 2024

The mortgage industry has complained loudly and often that government regulation and investor requirements are contributing to spiraling costs that get passed on to consumers. “They can add up to several percentage points of the total mortgage amount. . At least when it comes to redundancies with refinancings, that is.

Mortgages 476

Mortgages Closing costs Title Technology 476

Housing Wire

OCTOBER 21, 2023

The haunted house ride with the bond market and mortgage rates continued this week, but one housing data line hasn’t been spooked. New listing data appears unafraid of the mortgage rate ghost story over the last few months. Mortgage rates went from 7.66% to 8.03 % last week to end at 7.97%.

Mortgages 538

Mortgages Staging Sales Marketing 538

Housing Wire

FEBRUARY 1, 2024

Mortgage rates continued their downward plunge this week as inflation keeps decelerating. The 30-year fixed-rate mortgage averaged 6.63% as of Feb. 1, a decrease from last week’s figure of 6.69%, according to Freddie Mac ’s Primary Mortgage Market Survey released on Thursday. Is the housing market normalizing?

Mortgages 488

Mortgages Fixed-rate mortgage MLS Staging 488

Housing Wire

DECEMBER 6, 2023

In September 2022, the 30-year fixed mortgage rate averaged 6.1%, according to Freddie Mac data. But compare mortgage delinquencies over the same period: 2.8% While there was a decrease in the share of mortgages six months or more past due, there was a compensating increase in early-stage delinquencies. The overall U.S.

Mortgages 503

Mortgages Principal Staging Loans 503

Housing Wire

FEBRUARY 16, 2023

The overall national mortgage delinquency rate rose in the fourth quarter of 2022, due in part to a weaker economy and ongoing inflationary pressures. For the past 15 years, mortgage delinquencies have tracked very closely with employment conditions, Marina Walsh, MBA’s vice president of industry analysis, noted. by the end of 2023.

Mortgages 448

Mortgages Equity VA loan FHA loan 448

Housing Wire

NOVEMBER 4, 2023

After mortgage rates spiked to 8% in October, causing a riot in the real estate industry, we had an epic move lower in mortgage rates last week. Does this mean we’ve hit the peak in mortgage rates for this economic cycle? When mortgage rates rise and demand decreases, the percentage of homes with price cuts can grow.

Mortgages 511

Mortgages Staging As-is Marketing 511

Housing Wire

APRIL 25, 2024

Nathan Knottingham, COO at Vetted VA , announced the launch of a new mortgage continuing education provider, MLO Force , from the stage at HousingWire’s The Gathering this week. When I tell my friends and family that I produce mortgage continuing education for a living, they often assume it’s a boring job,” Jones said. “But

Industrial 454

Industrial Mortgages Lending Staging 454

Housing Wire

JANUARY 13, 2025

Mortgage rates pushed this week close to 7.25%. Its only two weeks into January and mortgage rates have hit the high end of the range we forecasted for the entire year. Bond markets have driven mortgage rates back to the highs, and home sales are suffering. Thats exactly what happened quickly. That means 4.2

Sales 418

Sales Mortgages Marketing Staging 418

Housing Wire

DECEMBER 7, 2022

Since the weaker CPI data was released in November, bond yields and mortgage rates have been heading lower. The question then was: What would lower mortgage rates do to this data? However, mortgage rates have fallen more than 1% since the recent highs, so it’s time to look at the data to explain how to interpret it.

Mortgages 544

Mortgages Marketing Staging As-is 544

Housing Wire

APRIL 10, 2024

Mortgage brokers ’ compensation is in the spotlight after a recent Federal Deposit Insurance Corporation (FDIC) test concluded that some financial institutions failed to prove that payments were “reasonably related” to the value of services provided. Violations identified vary across different stages of the loan process.

Banks 447

Banks Brokerage Mortgages Loans 447