Fannie Mae has executed two new Credit Insurance Risk Transfer (CIRT) deals — the seventh and eighth of 2022 — dubbed CIRT 2022-7 and CIRT 2022-8. The two transactions convey a combined $1 billion in mortgage credit risk to private insurers
Eco-Friendly Paint Options: Low VOC, No VOC, and What’s VOC Anyways?
Painting your home is one of the easiest ways to bring new life to your space, make it feel like home, or put the final touches on a remodeling project. If you’re looking to make an eco-friendly upgrade to your
If The Housing Market Crashes What Happens To Interest Rates?
In the summer of 2022, there is a lot of speculation in the media that the slowing housing market is an indication that the market is headed for a housing crash. People who recall the subprime mortgage crisis are concerned
What is a Flat?
3,000 miles across the Atlantic Ocean, many of our British neighbors talk about flats on a daily basis. A flat is a single, private residence attached to a group of other flats. What British English-speakers call a flat, American English-speakers
Movement’s Casey Crawford joins board of Live Oak
Live Oak Bancshares and its subsidiary Live Oak Bank have appointed Casey Crawford, the co-founder and chief executive officer of Movement Mortgage, to its board of directors. North Carolina-based Live Oak Bank’s goal is to be “America’s small business bank,”
7 Reasons Why People Are Moving to Texas
Whether it’s a friend working in the tech industry or an aunt or uncle looking for warmer weather and fewer wildfires, there’s a good chance that you know someone who’s thinking about moving to Texas. There’s no doubt that Texas
Housing Market Predictions 2022-2025: When Will it Crash?
Housing Market Predictions 2022 | 2023 | 2024 | 2025 In this article, we provide housing market predictions for 2022. We also discuss the factors driving the housing market over the next few years and the predictions for 2023, 2034,
11 States (and Cities) That Pay You to Move There
The pandemic ushered in a new era of remote work, and as a result, more and more people are no longer tied to an office. With the prospect of living in the city of your dreams becoming that much more
Adobe Houses: A Southwestern, Sustainable, and Stylish Home
Ancient in its origins, Southwestern in style, and uniquely suited to hot and dry climates, the adobe house has truly stood the test of time. With its roots traceable to the Indigenous Pueblo peoples of the American southwest, the adobe
Non-QM lenders are racing to stay ahead of rates
Non-QM lender First Guaranty Mortgage Corp. (FGMC) filed for Chapter 11 bankruptcy protection at the end of June — leaving four warehouse lenders on the hook for more than $415 million. Sprout Mortgage imploded in early July, leaving its employees
Will Home Prices Drop in 2023: Housing Trends Today
When Will Housing Prices Drop? Will house prices go down in 2022 or 2023? Depending on who you ask, the forecast for 2023 is mixed. Experts in the housing industry predict fewer buyer demand and lower prices, along with higher
Hidden Gems in Philadelphia: 17 Under-the-Radar Spots You Can’t Miss
Regarded as “The City of Brotherly Love,” Philadelphia, PA is best known for its rich history, world-famous cheesesteaks, and vibrant art and music culture. While there are many famous attractions to check out like the Liberty Bell, Independence Hall, and
Secrets Revealed: 17 Hidden Gems in Phoenix You Need to Check Out
There are many fun activities to do in Phoenix, AZ, from visiting the Musical Instrument Museum to watching an Arizona Cardinals game. It’s clear that living in Phoenix comes with many perks and unique activities. However, if you are looking
New to The Emerald City? Check Out The Best Rainy Day Activities in Seattle
The Emerald City is notoriously known for its gloomy weather. However, as any local will tell you, Seattleites won’t let a rainy day ruin their plans. From unique museums and city tours to historic high-rises and eats, there are plenty
Last call for Vanguard Nominations
HousingWire’s Vanguard award program honors executives in housing who have become leaders in their respective fields and are moving markets forward, each and every day. And today marks the last day of the 2022 nomination period for this prestigious award.
Buyers gaining time and options as competition eases
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10 Crucial Questions To Ask Before Hiring Movers
Buying a house is exciting. Moving to it? Not so much! Of course, hiring a professional mover to schlep your belongings from your old home to your new abode can make things a whole lot easier. Choosing the right mover, though, will require some careful vetting. While you probably know to ask certain questions—like […]
Mortgage application volume dips 1.7% led by decline in purchase mortgages
Demand for mortgages declined for the second consecutive week, led by a dip in purchase mortgage applications — despite rates on a downward trend. The market composite index, a measure of mortgage loan application volume, decreased 1.7% for the week ending
Why you should attend HW Annual Oct. 3-5 in Scottsdale
Volatile mortgage rates and economic uncertainty have rocked the housing market this year, challenging mortgage lenders, real estate agents, title companies and appraisal firms to adapt quickly to changing conditions. That’s why we’ve designed our HW Annual event Oct. 3-5
Pennymac locks mortgage rates up to 90 days 
California-based Pennymac launched a product that can freeze mortgage rates as many as 90 days, in a bid to attract more borrowers to the market amid volatile rates. Dubbed “Lock & Shop,” the product, rolled out in mid-June, has two
Mortgage credit availability falls 0.3% in June
Lenders continued to tighten credit standards in June as higher mortgage rates slowed refinance and purchase activity. The monthly Mortgage Credit Availability Index (MCAI) fell by 0.3% in June, according to the Mortgage Bankers Association. A decline of the index,
The hybrid appraisal is here. Who benefits?
Luke Tomaszewski, an appraiser doing home inspections in the aftermath of the housing bust, was traveling as much as an hour across Chicago just to snap exterior photos of bank-owned properties. Sitting in traffic, Tomaszewski wished he could pay an
VA official talks future of partial claims and revamping its reputation
In a few months, the loss mitigation measures that have kept close to 100,000 veterans from foreclosure during COVID-19 will end. Decisions of policymakers at the Department of Veterans Affairs will determine what happens to those borrowers. The VA also faces challenges
Qualia releases Qualia Connect for mortgage lenders
Digital real estate closing platform, Qualia, announced the release of a new mortgage lender edition of its Qualia Connect platform on Tuesday. According to Qualia, this release means that the Connect platform will now be able to integrate directly into