Investment guidance and financial wellness resources are now available to all 1.4 million members of the National Association of Realtors (NAR), through a partnership with Morgan Stanley. According to NAR, this guidance will be uniquely designed to fit the needs
What could drive mortgage rates in 2021?
I’ve seen a number of articles lately predicting that mortgage rates will rise in 2021, a couple even from other HousingWire contributors. The rationale for these predictions have been erudite, multifactorial and complex. I am, on the other hand, a
Builder confidence breaks previous 35-year record high
The National Association of Home Builders and Wells Fargo Housing Market Index rose two points to 85 in October – the highest score the series has ever recorded since its inception 35 years ago and the second month in its history the score broke
TransUnion announces partnership with FinLocker to give consumers and lenders more access to data
Credit reporting agency TransUnion announced on Monday that it was making an equity investment in FinLocker’s $20 million Series A round, inking a partnership agreement designed to give consumers more control and access to their credit data while letting lenders
The Pandemic’s Impact on Consumer Shopping Behavior in Mortgage & Real Estate
Our job as mortgage professionals is to help consumers when and how they need us. This is especially important in the current crisis as the behaviors of both consumers and those in the housing industry are changing. Join Jornaya’s Head
People movers: Amherst, Notarize, Zillow Group
The Amherst Group, a real estate investment, development and operating firm, announced another executive-level appointment, hiring Gillian Sutton Cho as chief operating officer of investment management. In her new position, she is responsible for all investor-facing services and operations, and
Homes in high-risk wildfire areas are more affordable
Wildfires continue to rip through the west coast, but that doesn’t mean homebuyers won’t purchase in high-risk areas. More than 4.5 million homes are located in areas at high risk of wildfire across the states of Washington, Oregon and California,
Appraisal coalition pledges to combat bias and discrimination
The Appraisal Institute, American Society of Appraisers, American Society of Farm Managers and Rural Appraisers, and the Massachusetts Board of Real Estate Appraisers announced a concerted effort to combat unconscious bias and discrimination in a release on Friday. The coalition
Some notaries are saying no to RON
California has distinguished itself as the state that may never accept remote online notarization (RON). The state has no legislation permitting RON, and has even gone so far as to write to Congress opposing proposed bills that would make RON
Guild Mortgage is going public – Let’s look at the numbers
Add lender-servicer Guild Mortgage to the ranks of the nonbank mortgage lenders going public. According to an amended S-1 submitted to the Securities and Exchanges Commission on Thursday, Guild, through parent firm Guild Holdings, is expected to price its initial
National Fair Housing Alliance partners with LGBTQ+ Real Estate Alliance
The LGBTQ+ Real Estate Alliance organization announced that it is partnering with the National Fair Housing Alliance (NFHA) and has landed its first corporate sponsor, Engel & Vӧlkers. The LGBTQ+ Real Estate Alliance, which officially launched on Oct. 1, is
After record fall of 18%, forbearances rose slightly last week
After plummeting 18% the week prior, the number of mortgages in active forbearance rose by 19,000 last week, according to a new report by Black Knight on Friday. Though the raw number increased, the number of all mortgages in active
Low rates won’t last forever: Here’s how mortgage leaders should be preparing for what’s next
Along with the rest of the economy, the housing market has been dealing with the fallout of a global pandemic, leading to an uncertain “new norm.” In a HousingWire panel on Tuesday, Rohit Gupta, CEO and president of Genworth Mortgage
This techie mortgage broker has cleared $1 billion in originations this year. And now Thuan Nguyen is scaling up
In 2013, Thuan Nguyen was working out of his chaotic office in the heart of Silicon Valley. You’d find him there from 5 a.m. to 11 p.m. At that point, Loan Factory had about 200 loans and just 13 employees.
StreetEasy launches New York City home valuation tool
StreetEasy, a real estate platform for buying, selling, and renting homes across New York City and New Jersey, has launched StreetEasy Valuation, an AI-powered home valuation tool. Homeowners can now get a StreetEasy estimate of their homes’ current market value
Protected: 5 Reasons to Refinance Your Home
This content is password protected. To view it please enter your password below: Password: The post Protected: 5 Reasons to Refinance Your Home appeared first on HousingWire.
As vacant foreclosures increase, so does buyer interest
A Q3 2020 rise in vacant foreclosures signals a possible re-escalation in a hard-fought battle against neighborhood blight in which many cities have just recently gained the upper hand. “We still have vacancy and blight issues but they are not
OJO Labs acquires personal finance platform Digs
OJO Labs announced its first foray into fintech on Thursday with its acquisition of Digs, a personal finance platform. Digs is an FDIC-insured platform that helps consumers set and track savings goals, learn about the buying process, and understand credit.
Average 30-year mortgage rate for purchase loans falls to another all-time low
The average U.S. mortgage rate for a 30-year fixed loan fell to 2.81% this week, the lowest in Freddie Mac’s survey history, the mortgage giant said in a report on Thursday. The rate fell six basis points from the week
Adopting Technology to Improve Servicing Profitability During and After the COVID-19 Crisis – Sponsored by Capacity
In this session on servicing technology, you will discover: The benefits of adopting an AI-driven process to streamline and standardize data. The power of automating your help desk, processes,and decision-making. Why it’s critical to automate processes associated with forbearance, loss
Streamlining Your Borrower Experience from Engagement to eClose – Sponsored by SimpleNexus
Creating a simple, secure, and transparent borrower journey from start to finish enables lenders to increase conversion and deliver higher customer satisfaction. Join SimpleNexus to see the key components of delivering a single login experience to refi and purchase customers
Capital Market Appetite by Channel
A conversation on mortgage capital markets wouldn’t be complete without data. Richard Koss of Recursion will set the stage with data on how capital markets participants are driving channel growth with data specific to retail, correspondent and brokered loan volume.
2021 Regulation and Enforcement Outlook
Ed DeMarco, president of the Housing Policy Council, is joined by Kris Kully, partner at Mayer Brown, and Richard Andreano, partner at Ballard Spahr, to talk about what lenders and servicers should expect next year from state and federal regulators.
The Economic Forecast
Doug Duncan, Fannie Mae’s Vice President and Chief Economist, will talk about what lenders and others in mortgage can expect this year and next in the economy. Record low rates have fueled an origination boom, driving a banner year for
