Another 1.9 million people filed jobless claims last week, the lowest level since the COVID-19 pandemic began closing U.S. businesses in mid-March. Last week’s job losses bring the total number of Americans seeking unemployment benefits in the last three months
FHFA updates housing goals for Federal Home Loan Banks
The Federal Housing Finance Agency today issued a final rule for the housing goals of the nation’s network of Federal Home Loan Banks aimed at boosting mortgage lending to low-income neighborhoods. “By creating housing goal targets that are achievable for
How brokers can prepare for the anticipated summer home-buying season
Austin Niemiec is the executive vice president of Quicken Loans Mortgage Services (QLMS). HousingWire sat down with Niemiec to discuss the disruption to this year’s home buying season and how brokers can prepare to take on more purchase activity. HousingWire:
Real estate CEOs talk about digitizing the industry
On the second day of Inman Connects Now, brokers and CEOs took the virtual stage and discussed real estate’s transition to virtual technologies, as well as what buying and selling a home could look like post-pandemic. Redfin CEO Glenn Kelman
NAREB issues call to action removing barriers to black homeownership
The National Association of Real Estate Brokers President Donnell Williams released a statement Wednesday in response to the national civil unrest America is currently facing. NAREB chose to take an economic perspective in regard to black Americans battling COVID-19, racial
First-hand account: Here’s what it’s like to sell your home during a pandemic
Last week, I decided to sell my home. The decision seemed sudden, but it wasn’t. I watched as the market started picking up. I watched as interest rates continued to drop. I browsed options online as I waited and watched.
Learn how to master the power of podcasts at engage.marketing in June
Your voice is one of the most powerful tools that you have. At the same time, we’re also living in an environment where there are more ways than ever before to digest information. So how do you make sure you’re
[PULSE] Digitizing the mortgage industry through MISMO
Over the last several years, the Mortgage Industry Standards Maintenance Organization (MISMO) has been the driving force as the mortgage industry has transitioned to a digital world. MISMO was created to standardize how the mortgage industry communicates, and its mission
United Wholesale Mortgage removes extra employment verification requirement on all loans
United Wholesale Mortgage, the largest U.S. wholesale lender, said it was removing an extra rule, or overlay, it implemented last month requiring a borrower’s employment to be re-verified on the day of closing. The removal of the overlay applies to
7 Kitchen Upgrades to Make Your Home Stand Out to Buyers
If you’re getting your house ready to sell, you might be wondering what upgrades you can make to help your home stand out amongst the competition. With the kitchen being one of the most memorable and important areas of any
Home Maintenance: 11 Things You Should Address Immediately
Your home is your sanctuary and maintaining it is paramount, especially if you ever plan on selling your home in the future you’ll be sure to want top dollar for it. Beyond sweeping floors and mowing your yard, some home
Phoenix Real Estate Market 2020 Overview
If you are considering buying a house or an investment property in the Phoenix real estate market, you’ll find all the housing statistics on this page to help you make a sound decision. As we saw Arizona real estate market thriving
Spring’s Missing Home Sales Will be Added to Coming Years, Experts Say
Coronavirus brought fewer home transactions during the prime home buying season. Experts say they’re not lost for good, and will be spread over several years. Go to Source Author:
Housing Tech Rundown: DocMagic, Qualia and Curbio
With recent indications that summer will be this year’s strong home-buying season, housing tech companies are poised to help consumers and lenders with a variety of challenges related to low inventory and the resulting bidding wars on top of the
Female brokers at Inman Connect Now: Real estate agents have to address racial injustices head-on
A huge topic of discussion lately has been the recent deaths of Ahmaud Arbery, George Floyd, Breonna Taylor, Tony McDade and David McAtee. During Inman’s Connect Now, the media company’s first all-digital conference, Anne Jones, Windermere Abode owner and designated
Washington D.C. housing market seeing quick rebound from pandemic
When the coronavirus pandemic paralyzed the nation in March, the Washington, D.C.-area housing market came to an abrupt halt. “February had been a good month, but in March everything stopped,” said Gregg Busch, loan officer at First Savings Mortgage. “By
Airbnb properties wouldn’t make a dent on housing market
While the real estate market has lots of challenges during the COVID-19 pandemic, a tsunami of houses being sold by Airbnb hosts who can’t pay their mortgages isn’t one of them. Airbnb’s tally of 850,000 whole-house listings is just 0.8%
Technology and current events dominate topics at Inman’s first all-digital conference
At Inman‘s first all-digital conference on Tuesday, Inman Connect Now, many speakers addressed current events pertaining to the recent deaths of Ahmaud Arbery, George Floyd, Breonna Taylor, Tony McDade, and David McAtee, as well as the industry’s shift toward all
NexLevel Advisors’ Michael Hammond to speak at engage.marketing in June
Ample growth comes from within for many companies, but an outside source can be a game-changer for marketing and business strategies. As president and founder of NexLevel Advisors, Michael Hammond has focused on driving solutions for businesses and their housing
[PULSE] A look at the iBuyer roller-coaster in North Carolina’s top markets
Now you see them, now you don’t… and now iBuyers are back again? iBuyer companies like Opendoor and Zillow Offers were buying and selling homes at a fast pace in 2019 here in North Carolina. It seemed like they were
Vacation rental company Vacasa raises $108 million in new funding round
Vacation rental company Vacasa announced it received $108 million in Series D funding, led by Silver Lake and including participation from Riverwood Capital and Level Equity. The company’s previous round of funding was also led in part by Silver Lake,
Freddie Mac appoints new CFO as it prepares to exit conservatorship
Freddie Mac appointed Christian Lown as its executive vice president and chief financial officer, effective June 15, as the company prepares to exit conservatorship. Previously, Lown served as the executive vice president and chief financial officer of Navient Corp. As
Mortgage forbearance pace continues to slow, MBA says
The pace of borrowers seeking delayed mortgage payments is slowing, according to data released Monday by the Mortgage Bankers Association. The number of loans in forbearance increased 10 basis points for the week ending May 24, to 8.46% of outstanding
It’s Not Enough
As protests sweep major U.S. cities, businesses large and small are posting on social media our opposition to racism and violence. It’s important for Black folks within a company and across society to see America unite in opposition to racism.
