Lindsay Bhandari, Vice President, Capital Markets and Treasury Technology ManagementFannie Mae Lindsay Bhandari is a strategic problem solver with a proven history of delivering high-value, complex technology solutions that align business and technology goals. Bhandari knows how to connect people
2020 HW Tech Trendsetter: Samir Agarwal
Samir Agarwal, Vice President and Segment Leader, GRC Community Banking, Wolters Kluwer Samir Agarwal has more than 20 years of experience at an executive level. He is a strategic financial services leader who delivers exceptional results. At Wolters Kluwer, Agarwal
2020 HW Tech Trendsetter: Mary Ann Azevedo
Mary Ann Azevedo, Managing Editor, FinLedger Since being named Managing Editor of FinLedger in August 2020, Mary Ann Azevedo has jumped right in to directing a powerful news and content strategy in addition to building a team of fintech journalists
2020 HW Tech Trendsetter: Paul Anastos
Paul Anastos, CEO, Chief Innovation Officer Gateless, Guaranteed Rate Paul Anastos has been on the forefront of innovation within the housing industry for over a decade, specializing in developing technology solutions and transforming businesses into industry powerhouses. Anastos has worked
2020 HW Tech Trendsetter: Mark Birschbach
Mark Birschbach, Senior Vice President, Strategic Business, Innovation and TechnologyNational Association of Realtors Mark Birschback and his team seek to drive innovation in the residential and commercial real estate markets and benefits to the National Association of Realtors’ members through
2020 HW Tech Trendsetter: Lori Brewer
Lori Brewer, Founder and CEO, LBA Ware LBA Ware founder and CEO Lori Brewer is an accomplished entrepreneur and technology leader, having dedicated her career to developing innovative business process optimization tools for mortgage lenders. She conceptualized and built CompenSafe,
The Mortgage Collaborative launches emerging technology fund
The Mortgage Collaborative, an independent cooperative network in the mortgage industry, today announced the launch of TMC Emerging Technology Fund LP, a venture capital program funded by a self-selected segment of TMC members to capture opportunities driven by the rapid
The downside of the hot 2020 housing market: rapid home-price growth
Demand for housing was strong in early 2020, before the COVID-19 crisis hit. Mandated shut-down measures and the fear of what COVID would do to our economy temporarily immobilized the housing market, evinced by nine weeks of declines in the weekly
Rising home prices take a toll on pending home sales
U.S pending home sales fell 1.1% in October – the second consecutive month the index has fallen as affordability strains the market, a recent report from the National Association of Realtors said. However, borrowers are still maintaining a strong pace,
Industry veterans launch Canopy in bid to shake up residential due diligence space
This article originally appeared in FinLedger, HousingWire’s sister-publication focused on Fintech. Residential due diligence is an area of the mortgage ecosystem that’s overdue for disruption, according to two industry veterans who want to offer something completely different in the due
Compass eyes IPO in 2021: report
Venture-backed residential brokerage Compass has hired bookrunners ahead of an independent public offering in 2021, according to a new report. Compass, most recently valued at $6.4 billion, is working with Goldman Sachs and Morgan Stanley to underwrite the IPO, according
These markets are attracting the most out-of-state real estate investors
The pandemic has shifted the pecking order of the real estate industry’s location-location-location axiom for many homebuyers — high-cost and high-density urban is out, while suburban is back in vogue and rural is experiencing a bit of a revival. Many
The best new home sales report ever
Sometimes keeping things simple makes the message more clear. I have been consistent in my stance that during the years 2008 to 2019, we had the weakest housing recovery ever. I said that housing starts would never start a year
What Yellen as Treasury Secretary would mean for housing
As early as 2005, a prescient Janet Yellen foretold that systemic risk in the housing market could send the U.S. economy plunging into a historic recession. Fifteen years later, as Treasury Secretary, Yellen looks likely to get the chance to
New home sales juggernaut continues
Sales of new homes rose to an annualized rate of 999,000 in October – 0.3% below September’s 1,002,000 revised rate but still a massive 41.5% higher than the same time last year, according to the Census Bureau and the Department of Housing and
Record low mortgage rates hold steady at 2.72%
The average U.S. mortgage rate for a 30-year fixed loan remained unchanged at 2.72% this week, Freddie Mac said in a report on Thursday – the second week in a row rates have sat at the lowest recorded level in the survey’s near 50-year history. The
CoreLogic responds to investor groups’ initiation of written consent process
The battle for CoreLogic’s board continued on Tuesday after Senator Investment Group and Cannae Holdings, who attempted an unsolicited takeover bid of the company this summer, initiated a written consent process to remove and replace additional directors. CoreLogic shareholders voted
Refinance applications jump to highest level since April on low mortgage rates
After two weeks of decreasing numbers, mortgage applications increased 3.9% last week, according to a report from the Mortgage Bankers Association. Refinance applications climbed even higher. The refinance index jumped up 5% from the previous week and is now up 79%
Real estate tech roundup: CoStar buys Homesnap
Over the weekend, CoStar Group announced that it has agreed to acquire real estate tech company Homesnap. The acquisition was made for $250 million in cash and is expected to close by the end of this year, pending closing conditions
2021 housing market forecast: It’s about politics, not economics
As we prepare to enter 2021, our country has lost more than 250,000 people and over 22 million jobs during the 2020 pandemic. Millions of others have suffered from COVID-19 complications, both health and economic related. At the same time,
MBA: Forbearance rate increases for the first time since June to 5.48%
The U.S. forbearance rate measuring the share of mortgages with suspended payments increased for the first time in nearly five months from 5.47% to 5.48%, according to the Mortgage Bankers Association. The U.S forbearance rate has either fallen or remained flat since forbearances
Biden picks Janet Yellen to be next Treasury Secretary
President-elect Joe Biden plans to nominate former Federal Reserve Chairwoman Janet Yellen to be the next Treasury Secretary, according to a new report. The Wall Street Journal on Monday afternoon reported that Biden tapped Yellen, an economist who was the
Low, low mortgage rates make 19.4 million eligible for refi
As mortgage rates stay below 3% for the 17th consecutive week, a Black Knight report released Friday found that the number of “high quality” refinance candidates continues to climb. According to the report, a whopping 19.4 million homeowners are now
HUD Secretary Ben Carson improving following COVID-19 diagnosis
Department of Housing and Urban Development Secretary Ben Carson said he’s “out of the woods” after experiencing severe symptoms related to a positive COVID-19 diagnosis earlier this month, according to a MarketWatch report. Carson, 69, credited a botanical treatment derived