The housing and mortgage markets have been the rare bright spots in an otherwise fragile economy brought forth by the ongoing COVID-19 pandemic. Mortgage origination volume this year is on track to be the highest in more than 15 years,
Compliance in the fast lane: Surviving and thriving in a post-COVID regulatory environment
March 2020 is a month the real estate industry will never forget. In a moment’s notice the “nice to have” tasks on our to-do lists became the new crises du jour. Over the course of a few days, much of
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Beeline will hire 120 employees for newest office in Charlotte
Digital lender Beeline announced on Friday the company plans to officially open its second U.S. office in Charlotte, N.C. in October. With this latest addition, Beeline aims to hire 120 employees to its Charlotte location over the course of the
A who’s who of Biden economic advisors
The group of people advising former Vice President Joe Biden on the economy is dominated by people who worked in the Obama administration, according to Beacon Policy Advisors. Biden has surrounded himself with economic advisers that offer viewpoints ranging from
Pandemic drives more interest in real estate careers
For Victoria Murphy, a RE/MAX agent in Oahu, Hawaii, getting her Realtor license was always a part of her plan. But shut-down orders in March helped push the college student to get it done. Murphy said the shut-down gave her
MBA: 11 million households fell behind on rent or mortgages in second quarter
In the second quarter of 2020 nearly 11 million households fell behind on their rent or mortgages – however nearly triple that number, approximately 30 million individuals, missed at least one student loan payment, according to a recent report from
People movers: Churchill Mortgage, Zumper, Verity Global Solutions, NYC Housing Partnership
Churchill Mortgage has added Randy Starkweather to its executive team, naming him chief financial officer where he will be responsible for overseeing the company’s financial operations and performance. Starkweather brings more than 35 years of executive management experience to the
Keller Williams adds Diversity, Equity and Inclusion Committee to leadership council
Last week, Keller Williams’ International Agent Leadership Council voted unanimously on a motion to amend its belief system and to add an additional committee, as introduced by Kymber Menkiti and John Clidy, co-chairs of the KW National Social Equity Task
What conversion rate should real estate agents expect when they purchase leads?
No matter how experienced a real estate agent is, he or she relies on leads for business growth. And, since a National Association of Realtors survey showed that 53% of buyers in 2019 used an agent that was either referred
Shant Banosian becomes Guaranteed Rate’s first LO to originate $1 billion
Shant Banosian, the nation’s No. 1 loan originator, has become Guaranteed Rate’s first loan officer to fund $1 billion in loan volume in one year. Over the course of his decade-long career, Banosian has generated more than $4 billion in
FormFree’s Brent Chandler on transforming the way the housing industry does business
As lenders continue to adjust to a new normal, the pivotal role of technology has become increasingly clear in maximizing productivity and keeping lending pipelines flowing. “Ultimately, we are preparing for the digitization of the entire mortgage cycle, front-to-back,” said
Fidelity Title, Stewart expand in new markets
Fidelity National Financial recently announced it hired a new leader as it expands its presence into the state of Georgia. And Stewart Title picked up its acquisition activity to grow its presence in Alaska. Fidelity hired Rachel Hollinger Chapman to
Freddie Mac’s Cindy Waldron to speak at HousingWire Annual
This year has been a numbers game. How long does forbearance last? What are the rates this week? Will the next stimulus bill be enough? The pandemic has created an onslaught of record-breaking figures, but behind all the headlines and
The Pandemic Can’t Stop Military Home-Buyers – 5 Reasons VA Loan Usage is Surging
It comes as no surprise that the rise in COVID-19 cases rocked the housing market in more ways than one. Military homebuyers are facing new challenges in their search for a dream home. Yet, VA loan usage has surged in
Help your broker partners with client retention by retaining servicing
HousingWire spoke to Home Point Financial’s new President of Servicing Perry Hilzendeger about the company’s “We Care” philosophy and how Home Point supports its broker partners. HW: What was it that initially drew you to Home Point, coming from such
More young adults live at home now than during the Great Depression
While at the beginning of the year it seemed like Millennials and Generation Z were going to take hold of the housing market in 2020, the pandemic drastically changed that prediction. For the first time since the Great Depression, the
Fed says expect low rates through 2023
The Federal Reserve left its overnight lending rate unchanged on Wednesday at the end of its last meeting before the Nov. 3 presidential election and said it expects to keep it near zero for more than a year. In a
Here are 2020’s top companies in title so far
The title industry experienced quite a rush in the second quarter of 2020 with $4.18 billion in title insurance premiums generated. According to a report from the American Land Title Association, family markets made up nearly 81% of those gains
Lawmakers ask Calabria to rethink adverse-market fee
Federal Housing Finance Agency Director Mark Calabria took fire during Congressional testimony on Wednesday about the implementation of an adverse-market fee that’s expected to add about $1,400 to the cost of refinanced mortgages delivered to Fannie Mae or Freddie Mac
Louisiana brokers now have access to Texas MLS
North Texas Real Estate Information Systems has added another state to its Multiple Listing Service. Brokers and agents in the Shreveport and Bossier City region now have access to the database of listings and products the NTREIS system has to
