Appraisal Buzz

DECEMBER 5, 2024

For instance, from 2010 to 2015, foreign-born householders accounted for 50% of household growth, a period marked by weak native-born household formation following the Great Recession.

Construction 418

Construction Housing Market Marketing Buyers 418

Housing Wire

JANUARY 30, 2023

He left Cenlar in 1990 to join New York City-based Dime Bancorp as its chief financial officer but returned to Cenlar in 2015. He then worked as Cenlar’s chief risk officer from 2015 to 2019 before taking on an advisory role at the company in 2019. Daras’ association with Cenlar dates back to 1985 when he initially joined the company.

Clients 416

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Housing Wire

MAY 1, 2023

To understand how this might happen, consider Figure 3 below, which depicts actual net loss rates for mortgages purchased by Fannie Mae for two different sets of vintages; a more severe period represented by origination years 2005-2007, and 2013-2015 representing a much more favorable period of time.

Mortgage 435

Mortgage Insurance Development Business 435

Housing Wire

JANUARY 23, 2024

Founded in 2015 as an indirect wholly owned subsidiary of Mr. Cooper Group , Xome is a real estate marketplace that serves mortgage servicers, originators, real estate professionals, financial institutions and homebuyers and sellers.

Real Estate 458

Real Estate Technology Valuation Brokerage 458

Housing Wire

OCTOBER 30, 2023

Mezzasalma joined Cenlar in 2015 as vice president and chief accounting officer. Prior to joining Cenlar in July 2023, Schneider held other executive leadership positions at mortgage companies such as Ditech, Vericrest, Washington Mutual Home Loans, CitiMortgage and Blackstone-backed Stearns Lending.

Project Management 467

Project Management Lending Finance Clients 467

Housing Wire

FEBRUARY 1, 2024

Rampell currently serves as general partner at Andreessen Horowitz , where he has focused on financial services since October 2015. TrialPay was acquired by Visa in 2015. He also serves on the board of several Andreessen Horowitz portfolio companies and has led several of the firm’s investments.

Technology 434

Technology Finance Investing Mortgage 434

Housing Wire

FEBRUARY 22, 2024

In 2005, he began a 10-year stint working for the Royal Bank of Scotland in Singapore, then joined Morgan Stanley in 2015, according to his biography. Akwaboah serves on the board of the Morgan Stanley Foundation and is also a member of the Federal Reserve Bank ’s payments risk committee. Fannie Mae recently reported $77.4

Technology 497

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Housing Wire

JUNE 6, 2022

Prior to joining CoreLogic in 2015, Nothaft had a nearly 30-year career at Freddie Mac, where he was most recently the chief economist. From 2010 to 2015, he was on the faculty at Georgetown University School of Continuing Studies , where he taught urban real estate economics.

Real Estate 476

Real Estate Housing Market Insurance Mortgage 476

Housing Wire

AUGUST 29, 2024

In 2015, the watchdog took action against the lender for allegedly “paying illegal kickbacks and deceiving borrowers about a veterans’ organization’s endorsement of NewDay USA products,” the agency said. That’s the second case involving the CFPB and NewDay USA.

Loan Officers 428

Loan Officers Law Mortgage Insurance 428

Housing Wire

MARCH 5, 2024

For context, active listings during the same time frame in 2015 were substantially higher at 958,304. Meanwhile, inventory rose year over year by nearly 19%. The most recent inventory bottom was in 2022 at 240,194 units, while the inventory peak in 2023 was 569,898.

Mortgage 482

Mortgage Inventory Investors Sellers 482

Housing Wire

MAY 20, 2024

Originally founded in 2015, Notarize is based in Boston and has raised more than $200 million in funding. Recently , the company launched an artificial intelligence (AI)–powered fraud detection tool called Defend that is built into the Proof platform.

Legal 451

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Housing Wire

NOVEMBER 6, 2024

Since 2015, there has been a sizable increase in the homeownership rate among those 70 and older,” the report said. In contrast, pre-2015 homeownership patterns would have predicted that these homes would have been sold.

Buyers 370

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Housing Wire

SEPTEMBER 25, 2024

GAP Realty Group was founded in 2015 by Alex Pandoff and has 50 agents. ERA Prime Real Estate Group, which also has offices in Farmington and Grand Blanc, said that the acquisition would increase the firm’s services area and market share in Southeast Michigan. The financial terms of the deal were not disclosed.

Real Estate 418

Real Estate Realty Brokerage Clients 418

Housing Wire

NOVEMBER 18, 2024

FHFA has set the caps on the GSEs’ conventional multifamily businesses since 2015. But in an effort to prevent disruption, “if FHFA determines that the actual size of the 2025 market is smaller than was initially projected, FHFA will not lower the caps,” the agency explained.

Government 457

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Housing Wire

AUGUST 21, 2023

533 ReBuilt 1,096% 2015 Vertically integrated marketplace helping homeowners sell their unwanted property and real estate investors find great off-market deals. 658 Maxwell 890% 2015 Digitizes the mortgage-origination process for small to midsize banks, credit unions, and independent mortgage lenders. 4,105 FirstCloseFirstclose.

Real Estate 370

Real Estate Real Estate Agent Technology Investors 370

Housing Wire

SEPTEMBER 16, 2023

9): Inventory rose from 547,222 to 552,042 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 518,626 For context, active listings for this week in 2015 were 1,201,196 One of the data lines I will incorporate weekly going forward is the price cut percentage.

Inventory 505

Inventory New Listings Housing Market Mortgage 505

Real Estate News

NOVEMBER 15, 2023

Willis previously held the top leadership position at Keller Williams Realty from 2005-2015 and had recently rejoined the company in a consulting capacity.

Realty 312

Realty 312

Housing Wire

MAY 19, 2022

The last premium reduction took place in 2015, when the Obama administration, buoyed by an improving economy, slashed the premiums from 1.35% to.85%. Only by cutting premiums will the administration be able to carry out its objectives of improving racial equity and increasing homeownership, the trade group said.

Insurance 448

Insurance Mortgage Development 448

Housing Wire

FEBRUARY 28, 2024

Pollack joined Blackstone in 2015. “I have known Jonathan for more than a decade, and he is universally respected across our industry with unparalleled relationships and a track record of success, which will help lead a firm of our scale and ambition.”

Real Estate 423

Real Estate Investing Development Business 423

Housing Wire

OCTOBER 28, 2024

Durkin joined Douglas Elliman in 2015, becoming chief operating officer in 2016 and president in 2017. .” Durkin’s dismissal came just days after the firm announced the retirement of parent company CEO Howard Lorber. Michael Liebowitz, the firm’s board director, was named the new chairman and CEO.

Brokerage 424

Brokerage Realty Contracts Investors 424

Housing Wire

FEBRUARY 27, 2023

RMK Financial Corporation , which does business as Majestic Home Loans , has been permanently banned by the Consumer Financial Protection Bureau (CFPB) from the mortgage lending industry following a series of repeat offenses — which occurred despite the CFPB’s law enforcement order issued in 2015. government. government.

Lending 397

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Housing Wire

OCTOBER 1, 2022

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. The largest settlement recorded , at $25 million, was with New Jersey-based Hudson City Savings Bank in 2015.).

Law 435

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Housing Wire

DECEMBER 9, 2023

Here is the price cut percentage data for the same week in other years: 2023 38% 2022 42% 2021 27% As you can see, affordability is an issue, and the price cut percentage is higher now than in any period from 2015-2021, but still below 2022 levels. Now lets take a look at the weekly inventory data. the seasonal peak this year was on Nov.

Mortgage 534

Mortgage Inventory New Listings Sellers 534

Housing Wire

AUGUST 20, 2024

The firm was founded in 2015 by Steve and Jessica Poulos, and it affiliated with BHGRE in 2021. BHGRE Northwest Home Team has offices in Tumwater, Yelm and Chehalis, and serves clients in South Puget Sound area, focusing on Thurston, Pierce, Lewis, Mason and Grays Harbor Counties.

Real Estate 446

Real Estate Realty Agents Clients 446

Housing Wire

JULY 25, 2024

Not next month, not next year — TxM Suite is here now, and it’s just the beginning,” Founded in 2015, Radius is backed by an impressive group of investors and is fresh off raising $14 million in Series A venture capital funding that will help propel the firm’s expansion plans.

Agents 425

Agents Real Estate Brokerage Investors 425

Housing Wire

AUGUST 24, 2024

The last time we saw this kind of effect was when mortgage lenders had to start incorporating TRID in 2015 — it created a one-month crash in existing home sales because it just took a bit longer to close a deal. The following month, those sales rebounded as everyone finds a rhythm in how to operate. Weekly inventory change (Aug.

Inventory 495

Inventory New Listings Sellers Mortgage 495

Housing Wire

JANUARY 9, 2023

The 29% average purchase discount was also well above the pre-pandemic average of 22% between 2015 and 2019. The rapidly rising average purchase discount indicates that local community developers are anticipating a rapid slowdown in home price appreciation in the next six to 12 months. percent, according to ATTOM Data Solutions.

Retail 503

Retail Sellers Buyers Market Value 503

Housing Wire

APRIL 23, 2023

However, for this week, we saw good week-to-week growth and the new listing data for this calendar week isn’t too far off from what we saw in 2022.

Inventory 545

Inventory Housing Market Marketing New Listings 545

Housing Wire

SEPTEMBER 24, 2023

16-23): Inventory rose from 552,042 to 556,865 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 527,938 For context, active listings for this week in 2015 were 1,198,033 Historically, one-third of all homes have price cuts every year. According to Altos Research : Weekly inventory change (Sept.

Mortgage 499

Mortgage Inventory New Listings Housing Market 499

Housing Wire

SEPTEMBER 3, 2024

and Movement Mortgage , has been in the broader mortgage business for about 26 years and began focusing specifically on reverse in 2015. Van Kleef, who previously worked for the reverse mortgage divisions at Fairway Independent Mortgage Corp. Van Kleef also helped to expand the reverse mortgage division at Movement prior to joining CMG.

Loan Officers 435

Loan Officers Lending Retail Mortgage 435

Housing Wire

NOVEMBER 5, 2024

million additional renter households and marks the second-fastest yearly pace of growth since 2015. This rate of growth is three times faster than the 0.9% increase in homeowner households, which now total 86.9 Notably, the 2.7% increase represents 1.18 The median asking rent was up 0.6%

Construction 413

Construction Housing Market Finance Marketing 413

Housing Wire

OCTOBER 23, 2023

Lamphere served as the chief operating officer at Mid America Mortgage from November 2015 to December 2020. Formerly known as Mid America Mortgage, the company changed its name to Click n’ Close in June 2022.

Lending 420

Lending Technology Mortgage Business 420

Housing Wire

OCTOBER 31, 2024

FBI data shows that scams in real estate deals have skyrocketed over the last 10 years from under $9 million in losses in 2015 to $446 million in 2022.

Real Estate 474

Real Estate Government Tools Buyers 474

Housing Wire

AUGUST 20, 2024

Värde Partners, a global alternative investment firm that has owned Trimont through certain funds since 2015, provided the funds for the transaction. That was good for the No. 10 position among the nation’s largest servicers. Wells Fargo was the market leader with $669 billion in volume.

Mortgage 441

Mortgage Real Estate Lending Clients 441

Housing Wire

OCTOBER 6, 2021

Since 2015, Fannie Mae has required borrowers to complete the course through Framework Homeownership , which started in 2012 as a partnership between Housing Partnership Network and Minnesota Homeownership Center.

Finance 497

Finance Mortgage Development 497

Housing Wire

JUNE 3, 2024

Founded in 2015, Roof AI developed its technology from scratch, creating proprietary algorithms to serve local real estate and mortgage professionals. This responsiveness builds trust and makes consumers more likely to engage with the brokerage.”

Technology 467

Technology Real Estate Brokerage Modernization 467

Housing Wire

MAY 31, 2024

However, by 2015, institutional investors collectively owned an estimated 170,000-300,000 homes. While initially relying on bulk purchases, institutional investors eventually shifted more toward smaller-scale purchases, merging with smaller investors or investing in the construction of single-family homes to eventually rent them out.

Investors 447

Investors Inventory Government Construction 447