housing wire

Competition between would-be homebuyers is still high, but an increase in homes hitting the market in June brought some relief from bidding wars. Per a recent Redfin study, 65% of home offers written by company agents in June faced competition,

Guaranteed Rate has found another dance partner. And Compass is borrowing from the playbook of its most visible direct competitor. Guaranteed Rate, the Chicago-based mortgage lender, and Compass, the New York City-headquartered residential real estate brokerage, “entered into a definitive

Servicers’ forbearance portfolio volume dropped yet again, this time falling 11 basis points to 3.76% in the period ending July 4, according to a survey from the Mortgage Bankers Association.  It’s the 19th straight week of forbearance decreases. The MBA estimates that 1.9 million homeowners

Venture capital-backed mortgage lender Better.com is going international. The company, which is expected to go public later this year, has agreed to acquire United Kingdom-based digital mortgage brokerage Trussle. Terms of the deal were not disclosed, but the Financial Times

Hispanic homeowners are more likely to have adult relatives currently living with them — and are more likely to have lived with relatives themselves, prior to buying their home. Per a recent Redfin study of 1,500 homeowners, 52% of current

The Department of Housing and Urban Development (HUD) announced it has filled another round of positions, as it confronts decades of staffing shortages. “These talented and diverse individuals join HUD ready to deliver results for the American people by tackling

In case you didn’t know, we’re living in a seller’s market. But even though home prices are at record highs, buyers are still in the market. Not only are they shopping, but they’re putting down offers well over the listing

As more of the country moves to permanent work-from-home arrangements, home prices in car-dependent areas have risen twice as fast as those in transit-accessible areas, according to a recent study by Redfin. The median home-sale price in car-dependent areas, nationwide,

Propertybase Propertybase is the leading global provider of real estate and mortgage software. In an ever-more competitive market, it’s important for brokerages to utilize streamlined, collaborative technology. But we’re more than just software. With SEO and digital marketing services to

The news is filled with talk of real estate. Bubbles have that effect. We know through the work of people like Robert Shiller and others that “narratives” are indeed economic forces and that compelling narratives can move markets.    In the U.S. real estate market,

Housing has returned to center stage in the Biden administration’s push for an additional infrastructure plan. President Joe Biden said this week that he planned to make an “historic investment” in affordable housing, by building and rehabilitating more than two

Jacksonville, Florida-based Sun Capital Partners Inc. announced the acquisition of LoanLogics, a digital mortgage solutions provider and fellow Jacksonville-based company. Terms of the private transaction were not disclosed. The LoanLogics platform provides technology automation for mortgage document processing and data-driven audit

Since day one of my mortgage career, my main role was to help Hispanic borrowers with responsible lending. For the past 21 years, I have been deeply entrenched in truly understanding the unique needs and cultural nuances of homebuyers with

BoomTown BoomTown has all the tools, technology, and teams you need for real estate  success. It’s the only solution that generates and manages your leads, with  300+ experts at your back. Our lead generation, consumer websites, CRM,  lead qualification services,

Home Lending Pal HLP is a delivery engine for ready to underwrite applicants with validated financial and credit information #1 Only non-loan originating company to show FICO scores directly to consumer #2 Create a safe space for consumers to determine

Qualia Deliver an end-to-end consumer homebuying experience with Qualia Scale. Scale is a simple way for real estate tech companies to build custom, on-brand, and modern closing experiences using Qualia’s flexible infrastructure. #1 75% of buyers and sellers expect real-time

Mortgage applications decreased again, this time falling 1.8% in the week ending July 2, 2021, according to the latest report from the Mortgage Bankers Association. This marks the third straight week of application declines, and represents the lowest level since the January 2020.

Mortgage software platform Blend Labs set terms for its initial public offering Tuesday including its goal to raise up to $360 million for a targeted valuation of nearly $4 billion. According to the California-based software company, Blend is offering 20

For the 18th straight week, servicers’ forbearance portfolio volume fell. It dropped four basis points to 3.87% last week, according to a survey from the Mortgage Bankers Association.  The MBA estimates 1.9 million homeowners are still in some form of a forbearance plan. The share

It’s that time of year again — the 2021 HousingWire Vanguard awards just opened for nominations. The HW Vanguard Award recognizes leaders of businesses contributing to the growth of the housing economy and its various sectors, including origination, real estate and fintech.

The most recent pending home sales report that soundly beat estimates after a downtrend in the previous months caused some serious head-scratching. Pending home sales were up a healthy 8% from April and just over 13% compared to the same

The U.S. Department of Justice (DOJ) has fully walked back a settlement agreement it reached with the National Association of Realtors (NAR) in the waning months of the Trump administration regarding anti-trust claims, the agency announced Thursday. In a statement,

Title insurance provider First American Financial Corporation announced the acquisition of Texas-based Georgetown Title, a company with roots planted in the Lone Star State over 125 years ago. Georgetown Title will become part of the direct operations of First American’s largest

Hiring in the U.S. picked up steam in June, as employers added 850,000 jobs amid declining COVID-19 cases and a reopening economy, the Bureau of Labor Statistics reported on Friday. After a lackluster April and May, June’s employment gains totaled 100,000 more