article thumbnail

2021 MMI Report: Reverse mortgage portfolio hits positive territory for first time since 2015

Housing Wire

The financial performance of the HECM portfolio has improved in each of the last three years and is now positive for the first time since FY 2015,” FHA’s Annual Report to Congress reads. This is a developing story and will be updated when additional information becomes available. housing market has seen recently.

Mortgage 397
article thumbnail

MBA hires Astrid Vermeer as chief financial officer

Housing Wire

I am driven to develop organizational cultures focused on customer service, competences, and skills. She will also guide MBA’s long-term investment strategies, some of which include technology ; diversity, equity and inclusion (DEI) initiatives; and workforce development. “I

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Developing a lending strategy for rising mortgage rates

Housing Wire

The gen­er­a­tion made up 38% of home buy­ers in the year that ended July 2019, up from 32% in 2015, ac­cord­ing to the Na­tional As­so­ci­a­tion of Re­al­tors. ”. The post Developing a lending strategy for rising mortgage rates appeared first on HousingWire. To contact the author of this story: Dave Stevens at dave@davidhstevens.com.

article thumbnail

The Portland Pearl District Condo Market – The Last 10 Years (2015-2024)

Portland Appraisal Blog

Except for one small townhome development, the neighborhood has no other housing type. PEARL DISTRICT SUMMARY STATISTICS Taking the 35,000-foot view, we can see the average yearly prices have been steadily declining since 2016: Average prices this year are essentially the same as they were in 2015.

article thumbnail

Better mortgage spreads are capping rates in 2025

Housing Wire

However, the slowdown in price growth is a positive development for the housing market, which desperately needs it. Weekly inventory change (Jan. 31-Feb 7): Inventory fell from 634,979 to 632,367 The same week last year (Feb. As inventory increases and if mortgage rates remain above 7%, price growth is expected to cool down.

Mortgage 491
article thumbnail

Zillow Group Promotes New COO

Appraisal Buzz

Choo joined Zillow Group in 2015 through the company’s acquisition of Trulia, and has more than two decades of leadership and go-to-market experience in the real estate tech space. He has held leadership and strategy roles throughout sales, marketing, and software over the last decade at Zillow. With more than two-thirds of U.S.

article thumbnail

BHGRE network expands presence in Washington state

Housing Wire

The firm was founded in 2015 by Steve and Jessica Poulos, and it affiliated with BHGRE in 2021. We knew that there was a great fit and that we could really help Shawn and his team grow by complementing Shawn’s proven lead generation systems with the brand’s resources and our commitment to professional development.”