housing wire

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

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

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

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

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

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

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

A well-qualified buyer these days can find a mortgage at historically low interest rates. But that’s not good enough for United Wholesale Mortgage CEO Mat Ishbia. He’s looking to hook borrowers at stupid-low mortgage rates, though not all applicants will

The title insurance industry saw a surge in premium volume in the second quarter of 2020, according to the American Land Title Association’s latest Market Share Analysis. It’s no secret that lending volume is up in 2020. In fact, the

Mortgage applications decreased 2.5% last week after seeing some positivity the week prior, according to a report from the Mortgage Bankers Association. The refinance index decreased 4% compared to the week prior but remains 30% higher than the same week

Fannie Mae, the world’s largest mortgage financier, said mortgage lending this year probably will reach an all-time high of $3.9 trillion. The dollar-volume record will be boosted by $2.4 trillion in refinancings, the highest level since 2003 and more than

This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. Register for the FinLedger Daily Newsletter. The virtual notary services industry has become increasingly popular amid

Last spring, the housing industry was forced to pivot its traditionally in-person processes and harness available technology resources amid the spread of COVID-19. Now, the industry will need to take a step back to figure out which fintech solutions can

In early March, as everyone started to prepare for a virus that they knew so little about, the Veterans United Foundation’s Erik Morse was working with other leaders in the community on what would eventually become the beginning strategy for

For the first time since the pandemic began making an impact on the real estate industry, Redfin’s iBuying solution RedfinNow is now available in a brand new market – Palm Springs, California. Palm Springs is a “natural place” for RedfinNow

Mortgage tech firm Docutech became First American Docutech on Tuesday as First American, one of the biggest U.S. title insurance companies, completed the rebranding of the company it agreed to purchase for $350 million in February. For First American, the

iBuying platform Opendoor said it will merge with Social Capital Hedosophia Holdings Corp. II. to become a public company using the special purchase acquisition company in a deal that values Opendoor at $4.8 billion and provides it with up to

Residential sell and lease-back company EasyKnock has added another product to its portfolio. ReLEASE provides homeowners with the option to sell their home and rent it back from EasyKnock as long as they would like, the company said. “We’re launching

In this low interest rate environment, lenders are staying busy with high volumes and new clients. HousingWire spoke with Homebot CEO Ernie Graham about the best strategies for staying in touch with borrowers post-transaction and creating opportunities for success in

Real estate services and technology firm SitusAMC just acquired the parent company of compliance technology provider ComplianceEase, the latest in a series of mergers and acquisitions that are shaking up the mortgage tech space in the last year. ComplianceEase will

Forbearance exits measuring how many borrowers cancelled agreements to suspend mortgage payments rose to a one-month high in September’s first week, led by a surge in loan modifications, according to a report from the Mortgage Bankers Association on Monday. Total

About a year ago, RE/MAX agent Ken Flaspohler took on what he said is the most exciting luxury listing he’s ever had. Hidden somewhere in rural Kansas and nestled 15 stories below the ground, the listing consists of condos constructed

Since the onset of COVID-19, the Twittersphere has been ripe with rumor and speculation that the financial requirements to qualify for a mortgage have become increasingly more rigorous since the crisis and this would put a damper on the housing

If former Vice President Joe Biden wins the White House, it will derail the Trump Administration’s plans to release Fannie Mae and Freddie Mac from conservatorship. What, then, would happen to the world’s two largest mortgage financiers? Most likely, it