Housing Wire

OCTOBER 19, 2024

We have had three weeks of positive year-over-year growth in both purchase application data and weekly pending contract data, with last week showing a noticeable jump from last year. Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. Let’s look at this week’s numbers.

Inventory 494

Inventory New Listings Mortgage Contracts 494

Housing Wire

AUGUST 22, 2024

I could always show it and then negotiate up the BBC in the contract but figured, why go through the hassle when we have three other great listings paying 2.5-4%. Please tell your sellers for me,” one text cited in the complaint stated.

Realtors 482

Realtors Buyers Brokerage Real Estate 482

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 453

Inventory New Listings Sellers Mortgage 453

Housing Wire

JULY 20, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 39% 2023: 34% 2022: 35% Pending sales Below is the Altos Research weekly pending contract data year-over-year to show real-time demand. Compared to the purchase application data, these are live weekly contracts, where purchase apps data looks out 30-90 days.

Inventory 526

Inventory New Listings Contracts Mortgage 526

Housing Wire

SEPTEMBER 27, 2023

That is Maxwell’s second acquisition since its inception in 2015. According to Paasonen, when the housing market is contracting, Maxwell is doubling down on its origination infrastructure to become a “one-stop shop for lenders.” The financial terms of the transaction have not been disclosed.

Lending 440

Lending Technology Loan Officers Clients 440

Housing Wire

NOVEMBER 3, 2023

Change accused Levine of committing fraud and breaching his contract with the firm to advance his scheme to extort Change and its principals for over $10 million. In 2015, Levine’s former employer, TPG Global, also sued him for taking confidential documents and distributing them to media outlets after being denied a promotion.

Lending 416

Lending Finance Legal Contracts 416

Housing Wire

FEBRUARY 23, 2024

Alleged promises by Ginnie Mae That contention, however, does “nothing to undermine TCB’s claim that Ginnie Mae lacked statutory authority to extinguish TCB’s interest in its collateral, which was not only separate from the servicing rights but also subject to no contract between TCB and Ginnie Mae,” the filing reads.

Government 382

Government Contracts Finance Lending 382

Housing Wire

JUNE 15, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 36% 2023: 31% 2022: 27% Pending sales Below is our weekly pending contract data on a year-over-year basis to show demand in real time. As most sellers are buyers, seeing more sellers listing their homes has been good.

Mortgage 499

Mortgage Inventory Marketing New Listings 499

Housing Wire

JULY 27, 2022

Trident, which ceased doing business in 2021, will have to contract with a lender to open offices in minority areas and conduct outreach. It must also contract with a lender to administer $18.4 The complaint alleged that 64 of Trident’s 68 loan officers in Philadelphia from 2015 to 2019 were white.

Loan Officers 418

Loan Officers Mortgage Law Contracts 418

Housing Wire

JUNE 22, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 37% 2023: 32% 2022: 29% Pending sales Below is our weekly pending contract data year-over-year to show real-time demand. This contract data will grow if mortgage rates head lower and stay lower.

Mortgage 437

Mortgage Inventory New Listings Contracts 437

Housing Wire

APRIL 18, 2024

She also included allegations of breach of contract, misappropriation of likeness and tortious interference with prospective contracts. In a lawsuit filed in late February in New Jersey, she accused G-Rate, Joseph Moschella and Jon Lamkin of violating New Jersey laws regarding discrimination, equal pay and unfair competition.

Loan Officers 458

Loan Officers Human Resources Contracts Mortgage 458

Housing Wire

JUNE 6, 2023

Mid Valley, which started doing business with UWM in June 2015, sent at least 62 mortgages to Rocket and Fairway, the lawsuit claims. Mat Ishbia , UWM president and CEO, said in a statement, “It’s very unfortunate to see a company like Mid Valley breach their contract, but we’re going to continue to do what’s right for the broker community.”

Brokerage 352

Brokerage Contracts Legal Business 352

Housing Wire

MAY 1, 2024

Barton added that since 2015, Zillow has shrunk its Premier Agent partner base by roughly 60%, while increased its Premier Agent revenue by more than 2.5

Real Estate 410

Real Estate Agents Contracts Real Estate Agent 410

Housing Wire

JUNE 8, 2024

Here are the price cut percentages for last week over the previous few years: 2024: 36% 2023: 31% 2022: 26% Pending sales One of the new data lines we will start incorporating in the tracker is Altos’ pending contract data — this will give people a better idea of how future sales will go.

Mortgage 506

Mortgage Inventory New Listings Contracts 506

Housing Wire

OCTOBER 26, 2022

Meanwhile, the seasonally adjusted purchase index declined 2% from a week earlier, hitting its slowest pace since 2015, and down 42% from this time last year. The refinance index was essentially unchanged, increasing marginally by 0.1% from the week prior, but was 86% lower than the same week one year ago.

Mortgage 352

Mortgage Retail Contracts 352

Housing Wire

NOVEMBER 9, 2022

The seasonally adjusted purchase index increased 1% from the prior week, the first rise after six weeks of declines, but remained close to 2015 lows, said the MBA. The survey, conducted weekly since 1990, covers 75% of all U.S. retail residential mortgage applications. The index dropped 41.4% compared to a year ago.

Mortgage 390

Mortgage Retail Contracts 390

Housing Wire

FEBRUARY 25, 2022

The Pontiac-based wholesale lender filed two lawsuits on Wednesday in Michigan federal court accusing broker partners of breach of contract for originating mortgages to its competitors. A warranty in the addendum said that if brokers submitted loans to Rocket or Fairway, it would constitute a breach of contract.

Contracts 370

Contracts Brokerage Investing Mortgage 370

Appraisal Buzz

OCTOBER 4, 2021

Freddie Mac (OTCQB: FMCC) today released an analysis showing that appraisal values are more likely to fall below the contracted sale price of a home in census tracts with a higher share of Black and Latino households, resulting in an appraisal gap. MCLEAN, Va. for those in White tracts, leading to a gap of 5.2%.

Valuation 370

Valuation Appraisal Contracts Finance 370

Housing Wire

OCTOBER 26, 2024

27): Inventory rose from 554,350 to 562,556 The all-time inventory bottom was in 2022 at 240,497 The yearly inventory peak for 2024 so far is 739,434 For some context, active listings for this week in 2015 were 1,168,936 Price-cut percentage In an average year, one-third of all homes take a price cut — this is standard housing activity.

Inventory 517

Inventory Sellers New Listings Mortgage 517

Housing Wire

SEPTEMBER 15, 2024

2023: 37% 2022: 41% Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. Weekly inventory change (Sept. 13): Inventory rose from 703,646 to 713,660 The same week last year (Sept. Since most sellers are buyers, this data must return to normal before seeing real, long-lasting sales growth.

Mortgage 521

Mortgage Inventory New Listings Retail 521

Housing Wire

AUGUST 17, 2024

2023: 36% 2022: 39% Weekly pending sales Below is the Altos Research weekly pending contract data year-over-year to show real-time demand. Weekly inventory change (Aug. 9-August 16): Inventory grew from 692,752 to 698,473 The same week last year (Aug.11-Aug We are only showing an pinch of growth year over year.

Inventory 517

Inventory Mortgage New Listings Contracts 517

Housing Wire

AUGUST 4, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 39% 2023: 35% 2022: 38% Pending sales Below is the Altos Research weekly pending contract data year-over-year to show real-time demand. Weekly inventory change (July 26-Aug. 2): Inventory grew from 677,246 to 683,728 The same week last year (July 27-Aug.

Mortgage 516

Mortgage Inventory New Listings Housing Market 516

Housing Wire

MARCH 10, 2023

Our previous best year for HELOCs was 2015, and that was about $320 million,” he added. ATTOM , a real estate data provider, reports, however, that the “severe contraction across the lending industry in the fourth quarter of 2022 even hit HELOCs” in terms of origination volume. Toohig said Raymond James finished the year with some $1.1

Housing Market 368

Housing Market Marketing Contracts Lending 368

Housing Wire

OCTOBER 5, 2024

Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. The 12 weeks of positive data both came with mortgage rates headed toward 6%. We’ll see what happens with the noticeable rise in rates over the last several weeks. Weekly inventory change (Sept.

Mortgage 505

Mortgage Inventory New Listings Retail 505

Appraisal Buzz

JUNE 7, 2024

Chopra previously served at the CFPB from 2010-2015. The CFPB has issued “CFPB Circular 2024-03: Unlawful and Unenforceable Contract Terms and Conditions ,” warning against the use of unlawful or unenforceable terms and conditions in contracts for consumer financial products or services.

Contracts 195

Contracts Insurance Legal Business 195

Housing Wire

SEPTEMBER 22, 2024

2023: 37% 2022: 41% Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. Weekly inventory change (Sept. 20): Inventory rose from 713,660 to 725,249 The same week last year (Sept. Since most sellers are buyers, this data must return to normal before seeing real, long-lasting sales growth.

Mortgage 519

Mortgage Inventory New Listings Contracts 519

Housing Wire

SEPTEMBER 7, 2024

2023: 36% 2022: 40% Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. Weekly inventory change (Aug. 6): Inventory fell from 704,335 to 703,646 The same week last year (Sept. Even though 2024 will be the second lowest year ever, it’s still a positive that we had growth this year.

Mortgage 529

Mortgage Inventory New Listings Marketing 529

Housing Wire

SEPTEMBER 1, 2024

25 -Sept 1): Inventory rose from 503,924 to 509,562 The all-time inventory bottom was in 2022 at 240,497 The yearly inventory peak for 2024 was last week at 704,744 For some context, active listings for this week in 2015 were 1,204,810 New listings data New listing data is experiencing its traditional seasonal decline.

Inventory 531

Inventory Mortgage New Listings Housing Market 531

Housing Wire

MAY 18, 2024

The moves haven’t been significant and our weekly pending contracts data picked up this week. I usually wouldn’t care too much about this as its a data line that can be volatile week to week but now it’s been three weeks. But, we need to see more growth in new listings data just to grow from 2023 levels.

New Listings 488

New Listings Inventory Mortgage Contracts 488

Housing Wire

NOVEMBER 18, 2022

The most recent example of a decline in districts to ll resulted from the 2015-2016 merger of the Seattle and Des Moines institutions into a Des Moines District Bank. The 2015 amendment also specified that a FHLBank would have the same priority and rights as if the advance had been made to a federally insured credit union.

Legal 328

Legal Law Insurance Finance 328

Housing Wire

OCTOBER 13, 2024

Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. National data: Weekly inventory change (Oct. 11): Inventory fell from 734,290 to 732,410 The same week last year (Oct. Recently it has been minimal but history says that doesn’t last, especially if rates go higher.

Inventory 493

Inventory New Listings Retail Mortgage 493

Housing Wire

APRIL 13, 2024

We saw an excellent rebound in our pending contracts data last week and the inventory growth data from week to week. I am a big fan of the inventory growing year over year based on new listing data, and this is a big plus for the housing market. Here is the price-cut percentage for last week over the last several years: 2024: 32.1%

Inventory 481

Inventory Mortgage New Listings Retail 481

Appraisal Buzz

JULY 5, 2024

“While overall industry surplus—representing the supply capacity for insurance coverage—modestly increased in 2023 thanks to investment gains, it has still not recovered from the $72 billion contraction in 2022 and fell to a five-year low relative to premium revenue. Net written premiums increased by $17.9

Insurance 195

Insurance Supply Chain Contracts Investing 195

Housing Wire

JULY 27, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 39% 2023: 34% 2022: 36% Pending sales Below is the Altos Research weekly pending contract data year-over-year to show real-time demand. have higher inventory than the national data. With more sellers who are buyers, we have a tad more demand this year.

New Listings 506

New Listings Inventory Mortgage Sellers 506

Housing Wire

OCTOBER 4, 2023

Business Dynamic Statistics data reveal that 2021 was a year of major growth for homebuilders but steep contraction for landlords (called “lessors” in the BDS). Firms, similarly, broke records from 2015-2021 and reached more than 75,000 in 2021. It was also a year in which many agents and brokers started new firms.

Landlords 426

Landlords Agents Brokerage Supply Chain 426

Housing Wire

FEBRUARY 24, 2024

17-24), Inventory fell from 437,282 to 430,395 The recent inventory bottom was in 2022 at 240,194 The inventory peak for 2023 was 569,898 For context, active listings for this week in 2015 were 958,304 New listings data New listings data is growing year over year and increasing week to week, but I wish we were seeing more significant growth.

Mortgage 495

Mortgage Inventory New Listings Housing Market 495

GoForrmz

AUGUST 14, 2023

Originally published on 10/29/2015 Simplify the collection and completion of critical authorizations with Digital Signature and eSignature fields Whether it’s a handwritten or electronic signature , signatures are being captured every day across various industries.

Legal 128

Legal Contracts Law Inspection 128