HousingWire recently spoke to Alex Elezaj, chief strategy officer at UWM, about the work independent mortgage brokers can do right now to prepare for when rates drop and how to go above and beyond for clients. HousingWire: Why should independent
Real estate brokers focus on value amid commission lawsuit unease
Today, the first class action commission lawsuit goes to trial in Kansas City, Missouri. While two of the defendants — Anywhere and RE/MAX — have settled in the case, those settlements have not been finalized. The National Association of Realtors,
FHFA extends certain rep and warrants to pandemic-related forbearance loans
The Federal Housing Finance Agency (FHFA) announced on Monday morning that it will treat, in some aspects, loans in COVID-19 forbearance similar to those in natural disaster forbearance. The change, to be implemented on Oct. 31, means pandemic-related forbearance mortgages will remain
Toronto Housing Market: Prices, Trends, Forecast 2023
The Toronto housing market has been a topic of much discussion and analysis over the past few years. After experiencing a period of rapid price growth and high demand, the market has seen significant changes in response to economic and
FHFA says GSEs are open to alternatives to loan repurchases
Regarding lenders’ vociferous complaints about increased loan buybacks from Fannie Mae and Freddie Mac, FHFA Director Sandra Thompson said the regulator expects originators to deliver loans consistent with the guidelines. But, she added, the Enterprises must implement a fair, consistent, and predictable process
Hottest Housing Markets in 2023: Hot Real Estate Markets
Source: Zillow Get ready for a hot housing market! We unveil the top 10 hottest housing markets in 2023 according to Zillow and Realtor.com. These hot real estate markets are all experiencing strong job growth and population growth, which is
White House announces new housing initiatives to boost homeownership
The White House on Monday announced a series of new initiatives designed to boost U.S. homeownership, alongside data detailing housing aid that has been provided since 2021. New initiatives include allowing homebuyers to leverage income from accessory dwelling units (ADUs),
Stakes are high as first buyer broker commission lawsuit goes to trial today
The long-anticipated Sitzer/Burnett class action commission lawsuit enters its first day in court on Monday, leaving real estate professionals to ponder the fate of today’s cooperation and commission practices. At the crux of the case is the allegation that commission
Philly Fed President Harker: “We are at the point where we can hold rates”
Philadelphia Federal Reserve President Patrick Harker advocated for stopping interest rate hikes, noting that disinflation is under way. “I believe that we are at the point where we can hold rates where they are,” Harker said at the 2023 Mortgage
Home values start to slip as market’s summer heat fades
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U.S. housing value has surged, gaining more than $2.6 trillion in the past year
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Buyers are seeing more options as housing market hits its late-summer slowdown
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30-Day Cleaning Checklist for a Sparkling Home
Clean your home without stress by following our checklist of simple room-by-room tasks that will help you refresh your entire home in just a few minutes a day.
Images/Article Credit: Better Homes & Gardens
First-time homeownership surges: Half of all home buyers are making their first purchase
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Home buyers gain breathing room with late-summer slowdown on the way
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Best Indoor Plants for Clean Air
Start with one or two handsome specimens, and see where your quest for a healthy atmosphere takes you when you grow these air-purifying plants…
U.S. housing market avoids crash, but challenges remain for buyers and sellers
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Rate-lock tipping point: Homeowners are nearly twice as willing to sell if their mortgage rate is 5% or higher
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Home values reach new peak as owners hang on to houses
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What is Anchorage, Alaska, Known For? 10 Things to Help You Get to Know the City
Anchorage, Alaska, holds a distinct place in the hearts and minds of adventurers, nature enthusiasts, and culture seekers alike. Nestled within the dramatic backdrop of the Chugach Mountains, Anchorage is a city that embodies the spirit of the ‘Last Frontier.’
FHFA issues notice of potential changes to Suspended Counterparty Program
The Federal Housing Finance Agency (FHFA) on Friday issued a notice of proposed rulemaking that would amend its Suspended Counterparty Program (SCP) to include additional forms of misconduct as a basis for keeping regulated entities from doing business with organizations
8 Fun Facts about Anchorage, AK, to Help You Get to Know the City
Anchorage is a unique city filled with history, culture, and natural wonders. As the largest city in Alaska, Anchorage is renowned for its stunning landscapes, vibrant arts scene, and unique experiences. But beyond its picturesque setting, many intriguing aspects make
Will labor data send mortgage rates to 8%?
The 10-year yield and mortgage rates have been rising close to the 2023 high as some labor data shows that the honey badger labor market is still growing. To make things even more complicated, the spreads between the 30-year mortgage
Exploring the 6 Top Luxury Home Features in San Diego that Define Luxury Living
Welcome to San Diego, a city known for its stunning coastline, year-round sunshine, and vibrant lifestyle. If you’re in the market to buy a luxury home in this captivating city, you’re in for a treat. San Diego’s luxury real estate