Rocket Companies, the parent company of Rocket Mortgage, cleared another $2.48 billion in profits during the fourth quarter, giving the nation’s biggest mortgage lender a total of $9.5 billion in profits for 2020. Rocket originated $107.2 billion in mortgages, with
10 Relaxing Home Decor Ideas to Transform Your Space
Much of our time these days is spent at home. Whether you’re still working from a home office, meal-prepping in your kitchen on weekends, or spending most of your leisure time looking at other homes for sale on your favorite
Shellpoint’s Debbie Thayer to speak at Spring Summit
Debbie Thayer, executive vice president of default administration at Shellpoint Mortgage Servicing, will speak on a panel titled Servicing Challenges During a Pandemic Period at HousingWire’s Spring Summit on March 4. Thayer will be joined on the panel by Courtney Thompson to
Everything You Need to Know About Closing Costs
If you’re a first-time homebuyer, it’s easy to get caught up in the excitement of making plans for your new space. Even as you dream about color schemes, furniture placement, and what the ideal layout of your new home will
Grandmillennial Style Is All the Rage: How to Embrace this Design Trend in Your Home
Millennials are taking a leaf out of their grandparents’ book with a modern-meets-traditional decor style known as grandmillennial. Identified as one of the major design trends of this year, grandmillennial style is a throwback to the decor we’ve all grown
Mortgage rates climb higher to 2.97%
The average mortgage rate for a 30-year fixed loan is now just 3 basis points away from 3%, after a 16 basis point jump last week pushed mortgage rates to 2.97%, according to Freddie Mac’s Primary Mortgage Market Survey. The average mortgage rate
5 Ways to Win a Real Estate Bidding War without the Highest Bid
You may shortly find yourself in a real estate bidding war if you’re one of the many first-time homebuyers looking to buy in competitive markets like Austin, TX or Denver, CO. You may also think the only way to win
Notarize offers free notarizations to fight racist title language
Digital notary startup Notarize is now offering free notarizations in an effort to eliminate racial covenants in title insurance documents. The issue came to light after real estate brokerage Windermere Real Estate earlier this month publicized the existence of title documents
How 2020 exposed a greater need for collaboration between real estate agents and LOs
HousingWire recently spoke with Propertybase CEO Vance Loiselle about real estate tech and how the past year has accelerated the need for digital collaboration tools across the entire customer journey. HousingWire: What role has the increase in technology played for both
8 Reasons to use a Boutique Real Estate Firm
Many may consider a “boutique” firm to cater to high end only, or possibly too small to break into the competitive real estate market. In reality, these firms are extremely specialized businesses with a culture centered on customer service and professionalism. As a client of a Signature Real Estate Services, you can expect above average representation in any transaction from […]
Vaccine Could Boost Listings Ahead of Home Shopping Season
Zillow survey finds widespread vaccine distribution will likely make homeowners more comfortable selling in a market driven by strong demand. Go to Source Author:
Austin Real Estate Market & Investment Overview 2021
The Austin housing market is soaring. With demand up and few houses to choose from, the Austin home prices are soaring and the buyers have to bear the brunt. The Austin real estate market has been unscathed by the pandemic
States Title raises $150M for home closing tech
Title insurance upstart States Title announced this week $150 million in debt financing from HSCM Bermuda, which will go towards developing a more modern home closing experience. CEO Max Simkoff said the financing will held them “wipe the system clean” and
Top 10 Underrated Ski Towns to Own a Winter Home
With the increasing flexibility and comfort of remote work, many have begun looking into purchasing a second home or vacation property for a change of scenery from their everyday lives. If this sounds like you, owning a winter home in
5 first-time homebuyer mistakes to avoid
The first-time homebuyer process is a lengthy one, and if you’re not careful, there’s a lot that can throw you off-track. From low appraisals to surprise credit checks, a number of hurdles could slow your purchase or even derail it
US Housing Market Sales & Price Forecast 2021: Will It Crash or Boom?
Here are the latest housing market predictions for 2021 & 2022. The global pandemic shattered the world order and the US economy suffered its biggest blow since the Great Depression in the second quarter. It has been roughly one year
15 Simple Ideas to Make a House a Home
Your house should make you feel welcomed as soon as you step through the door, but this feeling isn’t something that always happens on its own. Once the movers have left, and the chaos of moving has calmed down, it’s
Flagstar’s Courtney Thompson to speak at Spring Summit
Courtney Thompson, senior vice president of default mortgage at Flagstar Bank, will speak on a panel titled Servicing Challenges in a Pandemic Period at HousingWire’s Spring Summit on March 4. Thompson leads Flagstar’s default mortgage operations team, delivering industry-leading transparency into the
Top 2021 Design Trends to Watch
Our homes became the center of our worlds in 2020. As we move forward into 2021, what home design trends are expected to emerge? Here are some top predictions from interior designers. Neutrals Mixed with Bold Colors – Neutral tones will
Intense Demand and Low Mortgage Rates Drive Home Values to Record Highs
Home values continue to rise at a historic monthly pace, growing 1.1% from December to January Go to Source Author:
Blend CEO Nima Ghamsari to speak at Spring Summit
Tech giant Blend‘s CEO and Co-founder Nima Ghamsari will join other housing luminaries at HousingWire’s Spring Summit March 4 to discuss mortgage disruption and what’s coming down the road for those in housing. Even in the midst of a banner
United Wholesale Mortgage moves to dismiss broker lawsuit
United Wholesale Mortgage has filed a motion to dismiss a lawsuit filed by three independent mortgage brokers last year whom the lender accused of “churning.” The Pontiac, Michigan-based wholesale mortgage lender filed a motion this week saying that the three
Embracing the future of mortgage servicing
This year has brought plenty of disruption to mortgage servicing, from regulatory and economic uncertainties, to a long-term shift toward remote work environments. Meanwhile, the past decade has seen an explosion of digital solutions in mortgage origination, and servicing will
Fannie Mae execs see path to exit conservatorship
Fannie Mae, the largest mortgage financier in the U.S., said Friday that its net income in the fourth quarter of 2020 checked in at $4.6 billion – up 8% from the third quarter. The government-sponsored entity’s total net income for