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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.

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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.

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Michigan ERA franchise acquires another independent firm

Housing Wire

GAP Realty Group was founded in 2015 by Alex Pandoff and has 50 agents. This exciting development will allow us to provide an even higher level of service to our clients.” The financial terms of the deal were not disclosed. The combined firm will do business as ERA Prime Real Estate Group.

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Risks of nonbank mortgage sellers and servicers revisited

Housing Wire

I applied a multivariate statistical analysis consistent with the one I used to develop the industry’s first FHA automated underwriting scorecard (known now as TOTAL), and the industry’s first VA scorecard during my tenure at Freddie Mac. These were 2000-2003, 2004-2008Q2, 2008Q3-2011, and 2012-2015. Specifically, the 1.9

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Opinion: Setting the record straight on mortgage pricing

Housing Wire

As the FHFA pointed out, the current grids were developed some time ago and might reflect mortgage performance from a less benign economic environment than today. If so, the current curves would tend to be steeper if this were the case. Second, the changes will differentially affect borrowers as described above.

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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.”

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Homebuyers have many options; let’s make sure they’re aware of them

Housing Wire

Since 2015, ALTA has provided education through Home Closing 101, a consumer-focused website that provides information about the closing process, how they can protect their property rights, how to file a claim, and how to find a title company. Where should homebuyers start?

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