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Harvard study suggests inflation, labor shortages threaten remodeling industry

Housing Wire

They accounted for 23% of improvement expenditures, up from 14% in 2003. Immigrant homeowners also account for a growing share of the market, up from 8% of expenditures in 2003 to 13% in 2023. JCHS found that in 2023, homeowners ages 65 and older contributed 27% of total improvement outlays, up from 14% in 2003.

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New American Funding partners with Matic Insurance and OneSource Solution

Housing Wire

New American Funding ’s partnership with Matic Insurance and OneSource Solution will provide insurance and home setup services for existing and new customers while NAF is processing the loan. Mortgage customers can bundle food, wind, auto, pet, life and other personal lines of insurance through NAF Insurance, which is powered by Matic.

Insurance 459
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How will Malibu wildfire affect California homeowners insurance?

Housing Wire

Malibu’s Franklin Fire torched over 4,000 acres this week in one of the country’s most expensive housing markets, putting more pressure on homeowners insurance premiums in a state that is already facing an insurance crisis. What will happen to insurance costs in California now?

Insurance 370
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HUD: A racial divide exists between FHA homeownership and rental assistance programs

Housing Wire

A voucher location report published in 2003 said that white recipients of HCVs were “more likely to live outside of central cities than Black or Hispanic voucher recipients, indicating that the race and ethnicity of program participants may be determining factors for where they live.”

Tenants 488
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Trade groups express concern to FHFA over historic credit data

Housing Wire

A coalition of trade organizations — including the American Bankers Association (ABA), the Housing Policy Council (HPC), the Independent Community Bankers of America (ICBA), the Mortgage Bankers Association (MBA) and U.S. historical dataset.

Legal 448
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Lenders target growing Hispanic homeownership market

Housing Wire

The new program and tool launches come as potential Hispanic home buyers face a tight housing market with historic low level of supply for affordable homes. Mortgage Insurers points out that Hispanics are the youngest of any ethnic or racial demographic in the United States to purchase a home. billion in loans.

Marketing 370
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The Week Ahead: Advancing the Future of Mortgage Servicing

Appraisal Buzz

in 2003—a software company that gained 60% market share of the REO asset management component of the financial services industry by 2008. Department of Labor’s Unemployment Insurance Weekly Claims Report (Thursday) The post The Week Ahead: Advancing the Future of Mortgage Servicing first appeared on The MortgagePoint.

Mortgage 221