Author: Michael Gersitz

Requests for help from borrowers have slowed with the total number of mortgages in forbearance at about 4.8 million, Black Knight said on Thursday. Only 7,000 mortgages entered forbearance this week, Black Knight said. “Volumes of forbearance plans have flattened,

Real estate tech company Kleard has launched a new self-tour technology and app for homebuyers to tour homes on their own. The platform, Kleard Now, allows potential buyers to verify their identities, unlock participating homes and view them without an

In a recent guest contribution to HousingWire, Romi Mahajan suggested that the  National Association of Home Builders Housing Market Index is “inefficient, unscientific” and not predictive of future sales – In other words, useless or even “damaging” to the economy. 

Just two months after joining the Office of the Comptroller of the Currency as chief operating officer and first deputy comptroller, Brian Brooks has now ascended to the top job at the banking regulator. On Friday, Brooks officially became the

Redfin, which restarted its home-buying business earlier this month after pausing in March, is now fully back in expansion mode. The online real estate brokerage announced Friday that it is expanding its mortgage lending operations into three new states. Redfin launched

Fannie Mae issued a lender letter on Wednesday with additional requirements for borrowers who are self-employed.  “Income from a business that has been negatively impacted by changing conditions is not necessarily ineligible for use in qualifying the borrower,” the letter

This is the second installment of three-piece blog series from former Consumer Financial Protection Bureau Director Richard Cordray. The series challenges the industry on how it should think about foreclosures. Go here for the first piece. Markets are shaped by

The transition from 2019 into 2020 proved to be more difficult for mortgage lenders than in past years. In the switch of a year and the blink of an eye, the world changed dramatically. The first quarter of 2020 ushered

Throughout metropolitan areas nationwide, the tight supply of for-sale homes – already constrained pre-coronavirus and intensified in recent months – is continuing. Although the increase in purchase mortgage applications signal a rebound of home-buyer interest and record-low mortgage rates could

In today’s lending environment, interacting with prospective and current borrowers requires more than a phone call or email. Now it’s about tapping into new media channels like social media and text to reach consumers where they’re most active online. That’s

SmartRent, a smart home automation platform for property managers and renters, already featured some of the biggest names in multifamily real estate among its backers, but the company got a big boost last year when Amazon invested in the company.

HousingWire spoke with Solidifi President Loren Cooke about what lenders can do to thrive in a disrupted and fast-growing market. HousingWire: While COVID-19 has dampened the spring purchase market, refinances are set to surge as a result of historically low

Another 2.1 million Americans filed jobless claims last week, bringing the tally of jobs lost during the COVID-19 pandemic to 40 million, about one out of every four workers. At the same time, there was a glimmer of hope: Continuing

A few months after I joined HousingWire in 2013, Ben Lane signed on as a mortgage reporter. The big news during that period was compliance with Dodd-Frank, including the Qualified Mortgage rule. A lot has changed in the industry and