Author: Michael Gersitz

The housing industry has been keeping a keen eye on President Joe Biden’s proposed $15,000 homebuyer tax credit for first-time homebuyers. But just how many people would actually benefit from it? According to a report from Zillow, about 9.3 million renter

After months of low rates, there have recently been shocks to the bond market. HousingWire recently sat down with Scott Happ, president of Secondary Marketing Technologies for Black Knight, to discuss the impact this has on mortgage originators and investors.

Mortgage applications dropped for the second straight week — falling 2.2%, according to the latest report from the Mortgage Bankers Association. The continued increase in mortgage rates is to blame, according to MBA’s Associate Vice President of Economic and Industry

Lovell Minnick Partners, a private equity firm that acquired ATTOM Data Solutions in 2019, announced Wednesday morning that it’s diving further in to the housing space with the acquisition of UniversalCIS. Lovell Minnick acquired a majority stake in the Philadelphia-based

TransUnion’s latest financial hardship study, performed between Feb. 26 and March 1, showed that 22% of consumers surveyed still feel they are in financial “limbo,” or feel like their income has decreased and are doubtful as to when their finances

Months after the departure of David Brickman, Freddie Mac has tapped Mark Grier to serve as CEO on an interim basis, the government sponsored entity said on Tuesday. Grier will be intimately aware of the challenges he faces as interim

With lumber prices and other building material costs still at record-high levels, homebuilder confidence fell two points in March, per the latest report from the National Association of Home Builders. That drop in builder confidence is in spite of sky-high

For the past few years, low mortgage rates have fueled a housing market so hot that even a pandemic couldn’t derail purchase originations. Record-breaking lending volumes led many lenders to tighten up their processes across every stage of the mortgage

Real estate technology company Lone Wolf Technologies announced its launch of Digital Title Orders, a digital title solution allowing agents to select their preferred title provider and submit orders directly within a transaction. Following a year where real estate and

Mortgage applications for new homes dropped 9% from January to February, but overall applications are still up 9.2% year-over-year for homebuilders, according to the latest report from the Mortgage Bankers Association. MBA’s homebuilder application survey showed new, single-family home sales

The industry is now less than two weeks away from the one-year anniversary of the CARES Act, which provided borrowers with federally backed mortgages the option to receive forbearance for up to 180 days. After many extensions and exits, the Mortgage

Brian Brooks, former acting head of the U.S. Office of the Comptroller of the Currency, has joined the board of Spring Labs, a startup tech provider for cryptocurrencies and blockchain. This is not the first dip Brooks has taken in

Before Thursday, March 4, John was an unabashed fan of United Wholesale Mortgage. His West Coast brokerage shop sent tens of millions of dollars in loans to the wholesale mortgage giant in recent years. He loved their turn times, found

Digital lending software provider Blend announced on Monday that it is expanding its cloud-based platform with the acquisition of Title365 from the Mr. Cooper Group for approximately $422 million, reflecting an enterprise value of $500 million. Subject to closing conditions,