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
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
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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.
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
7 Home Upgrades to Transform Your Space Without Remodeling
Home upgrades are always a great way to give your home a fresh new look and feel. They can introduce new functionality, make your home look newer, and improve your quality of life. While major remodeling can sometimes be expensive
The Top Secondary MSAs for CRE Investment
Which metro areas have performed best during the coronavirus pandemic? COVID-19 has had a substantial impact on commercial real estate in top-tier metropolitan areas — particularly the gateway markets, many of which were forced to completely shut down businesses in
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.
Houston Real Estate Market Overview 2020
We will discuss the latest Houston housing market trends & forecasts and find out how the market recovering in this region from the impact of the pandemic. The Houston area market conditions are showing signs of continued improvement due to growing consumer
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
Home Values are Growing at a Pace Not Seen Since the Recovery From the Great Recession
A prolonged inventory shortage during a time of high demand has sent home value growth skyrocketing — even hitting double digits in some areas of the country Go to Source Author:
How to Carve the Best Pumpkin on the Block
While Halloween may look a little different this year, there’s no reason you can’t still have an amazing outdoor display. If you’re not interested in shelling out big bucks for a 12 foot animatronic skeleton, or if your style is
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
2021 Mortgage Ops and Beyond: Be Agile, Do More, Win More – Sponsored by Optimal Blue
Mortgage lenders have experienced record volume and an assortment of unique challenges in 2020. Have you adjusted to the industry’s new normal yet? This session, titled, “2021 Mortgage Ops and Beyond: Be Agile, Do More, Win More,” with Optimal Blue,
Tech priorities for 2021
Mortgage lenders and servicers are faced with a dizzying array of tech products, but before they go shopping or make changes, they should understand their priorities in such a tumultuous time. How can they make sure they are investing in
Utilizing AI to secure customer data in the work at home environment – Sponsored by Sutherland
This session, titled, “Utilizing AI to secure customer data in the work at home environment,” features Neil Armstrong, global head of business development at Sutherland. Watch the full session below. To go back to the full HousingWire Annual 2020 on
Will 2021 Be the Year Green Housing Takes Off?
The threat of climate change was overshadowed this year by a series of other unfortunate events, but green housing has been gaining momentum and looks poised to take off in important ways next year. We’ve gathered experts who have been
HousingWire Annual on demand
The Great Acceleration Disruption is speeding through the business landscape, upending traditional strategies and agendas for those in housing. We’ve designed HousingWire Annual to address the rapidly evolving opportunities for our industry, bringing together the most important stakeholders in government and business
Quicken Loans’ Austin Niemiec on Rocket Pro TPO rebrand impact
On the heels of going public, Rocket Companies’ broker channel, Quicken Loans Mortgage Services (QLMS), made waves throughout the industry when it announced it would be rebranding to Rocket Pro TPO in an effort to closer align itself with the
