Housing Wire

JULY 2, 2024

Patrice Ficklin, who has served at the Consumer Financial Protection Bureau (CFPB) since the agency’s founding in 2011, will depart for Fannie Mae to serve as the government-sponsored enterprise’s fair lending officer. The news was first reported by American Banker.

Lending 383

Lending Human Resources Law Government 383

Appraisal Buzz

AUGUST 13, 2021

Economic data inspired the move on Friday with Consumer Sentiment falling to the lowest levels since 2011 , just edging out the lows seen at the start of the pandemic. They’ve been slow to recover, but Friday went a long way toward solidifying the short-term ceiling. The University of Michigan, which has.

Realtors 370

Realtors Construction Appraisal Mortgage 370

Housing Wire

FEBRUARY 9, 2024

However, overall credit availability remained close to 2012 lows, and the conventional index was close to its record low in the series dating back to 2011,” he said. Of the component indices of the Conventional MCAI, the Jumbo MCAI increased by 1.9% and the Conforming MCAI rose by 0.2%

Mortgage 413

Mortgage Government Lending Technology 413

Housing Wire

JANUARY 10, 2024

Founded in 2011, the company is headquartered in Englewood Cliffs, New Jersey. Soon, the full servicing version of the Blue Sage Digital Servicing Platform will boast additional functionalities such as investor reporting or default management.

Retail 381

Retail Lending Design Technology 381

Appraisal Buzz

NOVEMBER 20, 2024

However, despite the across-the-board increases, overall credit supply remains tight, with the index still near the very low levels of 2011-2013,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “Mortgage credit availability increased to its highest level since April 2023, driven by gains across all loan categories.

Mortgage 418

Mortgage Government Design Construction 418

Housing Wire

OCTOBER 4, 2024

As a frame of reference, in 2011, the collective level of senior-held equity sat at roughly $3 trillion. Senior homeowners were beneficiaries of the acceleration in home prices seen during the COVID-19 pandemic. By Q3 2021, it topped $10 trillion for the first time. And in Q1 2022, it exceeded $11 trillion.

Home Value 419

Home Value Mortgage Marketing Finance 419

Housing Wire

DECEMBER 7, 2020

The monthly housing supply for the existing home sales has only gone above six months during the bust years after the housing bubble (2006-2011). This period was also during a lull in our prime-age labor force growth, so demand was soft during the years 2006-2011. million jobs lost.

Inventory 543

Inventory Construction Government Housing Market 543

Housing Wire

JANUARY 22, 2024

The RMMI increased precipitously between 2011 and 2021. When it endured a decline in 2011, the collective figure sat at roughly $3 trillion while in Q3 2021, the RMMI index rose by 4% , topping $10 trillion for the first time. The most recent edition from Q3 2023 showed that senior housing wealth grew by an estimated $178.4

Housing Market 344

Housing Market Marketing Construction Insurance 344

Housing Wire

AUGUST 13, 2020

In this testimony given before congress in March of 2011 Calabria stated this: “ Reducing the competitive advantage of Fannie Mae and Freddie Mac via a mandated increase in their guarantee fees would both help to raise revenues while also helping to “level the playing field” in the mortgage market. It’s time to take the gloves off.

Mortgage 535

Mortgage Finance Marketing Insurance 535

Housing Wire

OCTOBER 10, 2022

The HPSI declined this month to its lowest level since October 2011,” Doug Duncan, Fannie Mae’s senior vice president and chief economist, said in a statement. The index is down 13.7 points from this time last year. In September, 75% of consumers said it was a bad time to buy, up from 73% in August.

Housing Market 414

Housing Market Marketing Real Estate Agent Real Estate 414

Housing Wire

MAY 23, 2024

Uses of proceeds In 2011, HUD began asking borrowers how they planned to use their loan proceeds by adding a new section to the HECM loan application, so the data is incomplete for the full examination period. Since 2011, roughly half of all borrowers chose only one reason, while the other half selected multiple reasons.

Home Value 384

Home Value Development Property Appraisal Mortgage 384

Housing Wire

MARCH 15, 2024

In 2011, the collective level of senior-held equity sat at roughly $3 trillion while in Q3 2021, the RMMI index rose by 4% , topping $10 trillion for the first time, while the index grew by 3.98% in Q4 2021. During Finance of America Companies Q4 earnings presentation last week, the company cited the Q3 2023 RMMI figure of $13.08

Home Value 420

Home Value Finance Mortgage Marketing 420

Housing Wire

NOVEMBER 13, 2023

Since placing this business in run-off in 2011, we have been able to preserve significant value for shareholders and we are grateful for the many years of hard work and dedication of our RMIC associates,” Craig Smiddy, the CEO and president of Old Republic, said in a statement.

Insurance 412

Insurance Mortgage Business Development 412

Housing Wire

DECEMBER 15, 2020

million since its founding in 2011, according to Crunchbase. .” Ross Shanken, founder and CEO of Jornaya, said in a statement that the acquisition will enable his team to increase its reach and drive better consumer engagement, acquisition and retention. Venture-backed Jornaya has raised a total of $19.7

Insurance 477

Insurance Clients Technology Development 477

Housing Wire

JULY 1, 2024

Despite only a little over a year at Anywhere, Atallah is no stranger to the real estate conglomerate, as he began his career in 2001 as an associate broker at Coldwell Banker before becoming a senior vice president there in 2011 and a regional vice president for the Greater Atlanta region in 2019. “I’m

Realty 445

Realty Real Estate Realtors Brokerage 445

Housing Wire

JANUARY 20, 2022

Right after the Great Recession, between 2009 and 2011, buyers viewed a median of 12 homes before purchasing, as inventory was plentiful. NAR Research has tracked the number of homes viewed since 1987 and eight is the lowest number on record.

Buyers 448

Buyers Inventory Open Houses Technology 448

Housing Wire

JANUARY 17, 2024

Dave and his wife Mary were instrumental in the 2011 creation of the MBA Opens Doors Foundation, which has helped more than 16,000 families with crucially ill or injured children stay in their homes while their child is in treatment.”

Finance 482

Finance Loan Officers Real Estate Development 482

Housing Wire

AUGUST 16, 2022

Currently, we are in a much different housing recession than what we had from 2005-2011. Solid rental demand is keeping the multifamily construction going, but the weakness in single-family starts is here to stay; expect single-family starts to have their first decline since 2011. Why do I call it a housing recession?

Mortgage 533

Mortgage Construction Inventory Buyers 533

Housing Wire

FEBRUARY 5, 2024

In 2011, only 13% of homebuilders worried about the cost of labor, versus 87% in 2019. Rising inflation came in second among the most widespread problems of 2023, cited by 83% of builders. In 2024, 52% expect it to remain an obstacle. Third, the cost and availability of labor were also major concerns in 2023.

Construction 415

Construction Housing Market Buyers Sellers 415

Housing Wire

AUGUST 2, 2024

The company, founded in 2011 as a mortgage broker, transitioned to a mortgage lender in 2017. Garden State had 34 sponsored loan officers and two active branches—in Medford (New Jersey) and Maitland (Florida)—as of Friday, per the Nationwide Multistate Licensing System (NMLS). Its website says the lender has funded over $5.6

Loan Officers 379

Loan Officers Lending Clients Development 379

Housing Wire

OCTOBER 7, 2020

points, but has recovered more than half of its early pandemic-period decline when April’s HPSI hit its lowest reading since November 2011. Compared to this time last year, the HPSI is down 10.5 August’s HPSI survey revealed both a confident seller’s and buyer’s market, however, Fannie Mae reported September buyers showing more hesitancy.

Sellers 538

Sellers Real Estate Agent Buyers Design 538

Housing Wire

DECEMBER 30, 2023

From 2008-2011, new listings data averaged between 250,000 and 400,000 , peaking near 400,000 in 2011. So even during the peak new listings seasonal period, inventory was much lower than the seasonal low period in 2008, which is the last week of the year.

Inventory 499

Inventory New Listings Housing Market Mortgage 499

Housing Wire

NOVEMBER 20, 2023

He has been on NAR’s board of directors since 2011. He is the broker/owner of Better Homes Realty and Brown Commercial Investment Real Estate Services in Oakland, California , and was president of the California Association of Realtors in 2014.

Realtors 381

Realtors Realty Real Estate Government 381

Housing Wire

FEBRUARY 9, 2021

Matterport, which has raised $114 million in venture-capital money since its founding in 2011, has seen a dramatic rise in usage since the advent of the COVID-19 pandemic. The company will trade on the NASDAQ under the ticker symbol “MTTR.” ” Bloomberg first reported the news.

Real Estate 473

Real Estate Investors Investing Technology 473

Housing Wire

FEBRUARY 1, 2021

Since 2011, the number of existing single-family homes for sale has declined more than 30%. According to Habitat for Humanity , only 22% of homes built in 2018 were less than 1,800 square feet, down from an average of 32% from 1999-2011. . At the same time, we’ve seen an unprecedented increase in home prices.

Finance 399

Finance Buyers Modernization Construction 399

Housing Wire

JUNE 24, 2022

The whistleblower claimed AFN knowingly underwrote certain FHA mortgages and approved for some mortgage insurance that didn’t meet FHA requirements or qualify for insurance between December 2011 and March 2019. AFN knowingly failed to perform quality control reviews that it was required to conduct, the former AFN loan processor alleged.

Insurance 326

Insurance Mortgage Government Lending 326

Housing Wire

DECEMBER 8, 2020

In all, the Justice Department said the three lenders didn’t comply with federal bankruptcy procedures, which affected a total of 76,000 accounts beginning in 2011. Bank and PNC Bank.

Finance 410

Finance Mortgage 410

Housing Wire

FEBRUARY 26, 2024

Previously called Hergenrother Realty Group , an expansion team founded in 2011, Livian launched in 2021 in partnership with Keller Williams.

Real Estate 372

Real Estate Real Estate Agent Human Resources Agents 372

Housing Wire

FEBRUARY 10, 2021

Perry joined Freddie Mac in 2011 to oversee the company’s fair lending program. “Pam brings the experience, passion and strategic leadership required to deliver on Freddie Mac’s mission to make home possible for all Americans.”. She previously advised on solutions for complex corporate finance transactions with firms such as JPMorgan Chase.

Investors 529

Investors Development Legal Business 529

Housing Wire

SEPTEMBER 12, 2023

The conforming index dropped to its lowest level since 2011. As lenders seek to reduce costs, by cutting down on staff and streamlining product offerings, industry capacity continues to decline, noted Kan. Industry professionals also winded down on their product offerings.

Mortgage 373

Mortgage Government Lending Marketing 373

Housing Wire

JUNE 28, 2024

In 2011, the collective level of senior-held equity sat at roughly $3 trillion , while in Q3 2021, it topped $10 trillion for the first time. Senior homeowners were big beneficiaries of the run-up in home prices observed during the COVID-19 pandemic. In Q1 2022, it exceeded $11 trillion.

Transportation 354

Transportation Home Value Mortgage Marketing 354

Housing Wire

OCTOBER 31, 2024

Alliance Group Realty was founded in 2011 by Bob Clarkson and currently has over 70 agents. This acquisition expands the brand’s footprint in South Carolina and marks the entry of Howard Hanna | Allen Tate into the state’s Low Country region. Clarkson will remain with the firm, serving as an area manager and broker in charge.

Brokerage 338

Brokerage Realty Real Estate Agents 338

Housing Wire

JANUARY 15, 2025

Founded in 2011, Home Experts Realty has grown to nearly 400 agents. It may be a new year, but Howard Hanna Real Estate Services is picking up right where it left off. On Wednesday, the family-owned brokerage announced its acquisition of Ohio -based Home Experts Realty. The financial terms of the deal were not disclosed.

Realty 311

Realty Brokerage Real Estate Agents 311

Housing Wire

AUGUST 2, 2023

In a statement, Owen said he grew NRE from one agent in 2011 to 1,000 agents less than a decade later. RealTrends couldn’t independently confirm those figures; NRE has not submitted data to the RealTrends brokerage rankings since 2019. He built his independent brokerage by attaching it to his real estate school.

Real Estate 365

Real Estate Brokerage Realty Property Management 365

Housing Wire

DECEMBER 2, 2024

Camber Creek was founded in 2011 with a focus on real estate and it has almost $1 billion in assets. The company has capitalized by adding agents and teams at breakneck speeds. Among the additions this year are brokerages in Atlanta, South Carolina and New Jersey.

Development 362

Development Brokerage Technology Real Estate 362

Eyes on Housing

JANUARY 19, 2023

Led by a decline in multifamily production, overall housing starts decreased 1.4% to a seasonally adjusted annual rate of 1.38 million units in December, according to data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Development 168

Development 168

Housing Wire

JANUARY 19, 2024

According to 2011 data from Harvard University ’s Joint Center for Housing Studies (JCHS), less than 4% of U.S. “We don’t have enough homes that meet our aging needs,” Harrell told MarketWatch. There are changes the housing industry can make. There are changes policy people can make so that people aren’t compromising. But we’re not there yet.”

Inventory 429

Inventory Renovations Construction Marketing 429