The parent company of mortgage servicing rights clearinghouse Marlin Mortgage has struck a deal to acquire 100% of the outstanding equity of direct-to-consumer mortgage lender LoanFront. Terms of the deal were not disclosed and it requires regulatory approval. In acquiring
Projected Interest Rates in 5 Years: How Much Will Rates Rise?
Projected Interest Rates in 5 Years Unless you have a crystal ball that can predict the future, it’s impossible to know how much interest rates will rise in the coming five years. Pent-up demand, especially for travel, means inadequate supply
Opinion: Applying lessons learned to adapt to a competitive market
2022 and 2023 will not mirror the conditions of 2008 and beyond. But they won’t resemble 2020 either. Below are a few lessons title agents can take from previous down cycles that could help them adapt to current market conditions.
Home values are 25% above affordability norms
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Home sales slow as rising mortgage rates drive up monthly payments
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First-time home buyers are back, despite affordability challenges
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Housing Market Predictions 2022: Will Real Estate Crash?
Housing Market Predictions 2022 As more signs show that the housing market is already slowing down in 2022, many people are wondering: Will the housing market crash or collapse in the near future? More and more housing analysts are anticipating
Boston Real Estate Market: Prices, Trends, Forecast 2022-2023
The Greater Boston housing market is hot with rising prices in 2022. Boston’s housing market is experiencing a severe imbalance between supply and demand, which is causing home prices to rise steadily. The median selling price of single-family homes has
Massachusetts Housing Market: Prices, Trends, Forecast 2022-2023
The Massachusetts housing market is cooling. The trend of rising prices and declining sales have persisted for several months. According to a new report, the Massachusetts real estate market is exhibiting symptoms of cooling after two years of record-setting activity.
Real Estate Trends 2022: Housing Market Trends
Real Estate Trends 2022 Mortgage rates are rising. Home sales are declining. Supply is improving. Here are the latest housing market trends as seen in June 2022. To begin with, the prices are not going to decline in 2022. The
Mortgage demand plunges as costs reach new heights
Mortgage demand continues to decline amid surging home loan rates, according to the latest survey from the Mortgage Bankers Association (MBA). The mortgage composite index for the week ending Oct. 7 fell 2% from the prior week and 68.7% compared to the same period
California-based Summit Funding to cut 72 staffers
Sacramento, California-based mortgage lender Summit Funding Inc. plans to make a round of layoffs in late November that will affect 72 employees, according to a document filed with the state’s Employment Development Department. “With the demand for mortgage services falling to its lowest
Opinion: ICE/Black Knight merger could raise mortgage costs
It’s no coincidence that the post-2008 crisis mortgage expansion happened to occur during a period marked by transformative technological change in the industry. However, a double whammy of building economic headwinds and a proposed merger between ICE Mortgage Technology and Black
Housing Market Crash: What Happens to Homeowners if it Crashes?
How Does a Market Crash Affect Homeowners? If home values fall quickly, purchasers may find themselves with underwater mortgages, which means they must either stay in the house until the market recovers or sell and lose money. Homeowners owe more
Black Knight integrates servicing platform with Surefire CRM
Black Knight announced the integration of its digital servicing platform and its Surefire CRM, which it says will enhance customer engagement and retention. Servicing Digital, offered as an app or responsive web design, allows customers to easily access their loan-
San Diego Real Estate Market: Prices, Trends & Forecast 2022-2023
Is San Diego Housing Market Slowing? Home prices & sales are moderating in the San Diego housing market. While gains are diminishing, it is improbable that prices will fall precipitously in 2022. Supply and demand fundamentals continue to favor an expensive
The standoff between homebuyers and sellers
There’s a showdown at the housing market corral between homebuyers and sellers. (Image by Brandon Johnson/HW Media.) When I came up with the “savagely unhealthy housing market” label in February of this year, it was based on the premise that
Crypto outfit Moon Mortgage raises $3.5M seed round
Moon Mortgage, a crypto-backed mortgage provider, on Tuesday announced raising a $3.5 million seed round, led primarily by Cadenza Ventures and CoinFund. The funds will be utilized to finance its lending product, CryptoMortgage. Moon Mortgage’s CryptoMortgages will allow investors to
SF Bay Area Housing Market: Prices, Trends, Forecast 2022-2023
Will the Bay Area Housing Prices Drop? This page has been updated to reflect the most recent trends in the San Francisco Bay Area housing market. Even though homes in the Bay Area housing market continue to sell for record
Las Vegas Real Estate Market: Prices, Trends & Forecast 2022-2023
How is the Housing Market in Las Vegas? The Las Vegas housing market was extremely hot last year. The pandemic housing boom pushed home prices. The current market conditions are moving toward stability, making it an excellent moment for both
AEGIS Land Title acquires Capital Title of Washington
AEGIS Land Title Group last week announced the acquisition of Capital Title of Washington, a boutique independent title and escrow provider operating in the greater Seattle area. Terms of the deal between AEGIS, which is owned and operated by Paul
Locals Share Their Favorite Hidden Gems in Columbus, Ohio
For those living in Columbus, there is no denying how vibrant this state capital is. From having one of the country’s largest colleges to a top-rated zoo and aquarium, this city has lots to offer. Take a stroll through unique
Mortgage Coach integrates with Insellerate
Mortgage Coach, a mortgage platform that enables lenders to educate borrowers with home loan presentations, announced that its platform will be integrated with Insellerate, a customer relationship management (CRM) platform. The integration streamlines the sales process by enabling loan officers
Unlock Charlotte’s Hidden Gems: The 27 Best Spots to Uncover as a Local
Whether you’re considering living in Charlotte, recently rented an apartment in Second Ward, or a rental house in University City, there’s plenty to learn about your new city. Nestled close to the mountains and the beach, North Carolina’s largest city,