Housing Wire

MARCH 18, 2022

To show some historical perspective on the NAR breakdown of the different types of homebuyers, the chart below shows market conditions back in 2016. As you can see from this NAR report, cash buyers as a percent of sales is slightly lower now than levels in 2016.

Housing Market 541

Housing Market Marketing Inventory Sellers 541

Housing Wire

SEPTEMBER 3, 2024

Palim joined Fannie Mae in December 2009 and was promoted to deputy chief economist in July 2016, according to his LinkedIn profile. Duncan joined Fannie Mae after a 15-year stint as an economist at the Mortgage Bankers Association (MBA). He will assist with the transition and will leave Fannie on Dec.

Government 387

Government Mortgage Marketing Finance 387

Miller Samuel

MAY 1, 2021

He previously interviewed me in 2014 , 2016 and 2020. This is my fourth appearance with my friend Barry Ritholtz, a prolific columnist/blogger, radio show host/podcaster , and wealth management firm head on his Masters In Business show for Bloomberg Radio.

Real Estate 418

Real Estate Business Valuation Appraisal 418

Housing Wire

AUGUST 26, 2022

After launching its flat-fee brokerage in 2016, the firm acquired startup mortgage lender Lenda in 2019, which it integrated into Reali Loans. . Since 2016, Reali has raised more than $290 million in funding, with its latest $100 million raise in August 2021 led by Zeev Ventures. . and 25 in Israel.

Real Estate 418

Real Estate Brokerage Business Lending 418

Housing Wire

SEPTEMBER 23, 2024

Reed brought a banking and finance background to real estate when she became an agent in 2016 and has shown a knack for marketing. “The platform that Real has built is really tailored to the unique needs of my team, which has made our transition seamless.”

Brokerage 447

Brokerage Agents Real Estate Finance 447

Housing Wire

JANUARY 8, 2025

Detroit-based Ally Financial exited the mortgage business in 2012, reentered in 2016 with the launch of its direct-to-consumer mortgage platform, Ally Home, and went fully digital in 2019 through a partnership with Better.com.

Business 369

Business Mortgage Loan Officers Investing 369

Housing Wire

SEPTEMBER 10, 2021

2016 regarding the bank’s retail sales practices expired a few days prior. Since 2016, Wells Fargo has paid out close to $4 billion in fines and penalties for sketchy sales practices that encouraged employees to allegedly open millions of unauthorized bank accounts.

Lending 482

Lending Retail Housing Market Mortgage 482

Appraisal Buzz

DECEMBER 23, 2024

The typical profit margin on homes flipped during the third quarter based on the difference between the median purchase and median resale price for home flips slid down to only half of the mid-50 percent peak hit in 2016. home flippers are having in turning healthy profits.

Property Taxes 390

Property Taxes Renovations Investing Appraisal 390

Housing Wire

FEBRUARY 26, 2024

Greene began his tenure at CoreLogic in 2016, where he held key roles in strategic leadership and sales capacities. . (…) I look forward to guiding my team as we set the pace to transform the residential real estate industry,” Greene said in a statement.

Real Estate 376

Real Estate Business Real Estate Agent Clients 376

Housing Wire

JUNE 16, 2023

The below-median family income homeownership rate increased to 53% from 48% since 2016, Freddie Mac said, citing data from the Census Bureau ’s Housing Vacancy survey. Since the second quarter of 2016, the below-median family income homeownership rate has increased 5.4 percentage points, according to the Census Bureau’s data.

Housing Market 376

Housing Market Government Mortgage Marketing 376

Housing Wire

FEBRUARY 7, 2024

He held various roles at the company before being promoted to the position of vice president of sales strategy and recruiting in 2016, followed by a stint as senior vice president of retail and direct sales starting in 2019. Hardiman first joined Embrace Home Loans in 2008 as a project manager, the news release stated.

Project Management 378

Project Management Retail Lending Loan Officers 378

Housing Wire

NOVEMBER 30, 2021

That condition was finally met in 2016, when the FHFA increased conforming limits for the first time in a decade. The Housing and Economic Recovery Act established a formula for increases, and set the baseline loan limit at $417,000. It mandated that the baseline could only rise after home prices returned to pre-recession levels.

Government 536

Government Mortgage Home Value Finance 536

Housing Wire

NOVEMBER 27, 2023

The index shows the relative degree of movement between brokerages by experienced agents and is indexed to the level of mobility in January 2016. This percentage is normalized to reflect a value of 100 at the level of movement in January 2016 (0.7313%). The most recent trailing 12-month value shows a new low of 89.4,

Real Estate Agent 383

Real Estate Agent Real Estate Agents Brokerage 383

Housing Wire

FEBRUARY 12, 2024

The Raumakers began their career in real estate in 2016 at Keller Williams before joining eXp Realty in 2018 and launching The Home Squad. “In When we add agents from both traditional and non-traditional brokerages, it’s validating and a testament to how our model is working and unlike any other.” In SERHANT.,

Real Estate 407

Real Estate Marketing Brokerage Realty 407

Housing Wire

APRIL 4, 2024

Officials in the administration of Mayor Sylvester Turner — who served in the office from 2016 until January 2024 — “promised to build hundreds of homes on them,” according to the local reporting. Instead, the city failed to begin construction on the homes in a timely manner.

Construction 421

Construction Government Housing Market Finance 421

Housing Wire

NOVEMBER 12, 2020

Doug Duncan, Fannie Mae’s senior vice president and chief economist, noted much like the 2016 election, the 2020 election may have lasting and unexpected impacts on the market over the coming months. Those who believe they will rise in the coming 12 months dropped to 32%, and 49% now believe they will stay the same – up from 44% in September.

Mortgage 510

Mortgage Housing Market Valuation Design 510

Housing Wire

MARCH 26, 2021

The lender’s account fraud scandal, in which millions of fraudulent savings and checking accounts were opened on behalf of Wells Fargo clients without their consent, became widely known in 2016. A settlement with the U.S. Attorney General in December 2018 brought the total settlement cost to $3 billion.

Legal 488

Legal Law Open Houses Loan Officers 488

Housing Wire

FEBRUARY 26, 2021

An Urban Institute study from 2016 found that single women were better at paying their mortgages than single men, even though they paid higher rates. The four other best states for women applying for mortgages were Maine, Wyoming, Montana and Oregon. “Another explanation is that women tend to have weaker credit profiles. .

Mortgage 505

Mortgage Lending Finance Business 505

Housing Wire

JUNE 10, 2024

Yu began her career in real estate in 2016 after transitioning from a career in accounting. Yu was most recently affiliated with Compass , operating out of its Burlingame office. In 2023, Yu closed 29 sides, representing $63 million in sales volume. That was good for the No. 173 slot in California and the No.

Realty 372

Realty Agents Real Estate Inspection 372

Housing Wire

MARCH 7, 2024

In 2016, Harney sold KCM to his son and daughter-in-law, Bill and Charlotte Harney, although he remained active as a founder. Keeping Current Matters was born out of this mission to support the growing number of real estate professionals committed to this cause,” the company said in a press statement.

Real Estate Agent 105

Real Estate Agent Real Estate Agents Brokerage 105

Appraisal Buzz

JUNE 11, 2024

The FHFA issued a final rule in 2016 that implemented the DTS provisions of the Housing and Economic Recovery Act of 2008. Thompson, director of the FHFA, regulator of Fannie Mae and Freddie Mac, in a release. “I I look forward to hearing the public’s input and feedback on the plans the Enterprises have proposed.”

Marketing 369

Marketing Finance Appraisal Mortgage 369

Housing Wire

NOVEMBER 4, 2024

Ballarino began his career in 1994 with Winfield Associates , Amerivest’s predecessor, taking ownership of Amerivest in 2016. “This aligns seamlessly with Real’s mission of innovation and excellence, and we are excited to support Joe and his team as they continue to push boundaries in the industry.”

Realty 381

Realty Agents Brokerage Tools 381

Housing Wire

SEPTEMBER 25, 2024

RealD2D is led by agent and coach Duane Richins, who brought a unique background to his real estate career that began in 2016. With the affiliation of the RealD2D Team, Real is adding 40 agents to its footprint in 13 different states, providing the company with the relatively rare opportunity to expand in more than one metropolitan area.

Brokerage 397

Brokerage Agents Client Relationships Real Estate 397

Housing Wire

MAY 26, 2022

The platform, introduced in 2016, automates parts of the manual process of assessing a borrower’s assets and income. In February, it announced it would automate assessing a prospective homebuyer’s direct deposit income. Freddie Mac started using tax return data to automate the income calculation process in 2019.

Government 433

Government Lending Business Mortgage 433

Housing Wire

NOVEMBER 18, 2021

Loans traded through the Atlanta-based digital mortgage exchange have been included in 100 private-label securitization transactions since its launch in 2016, the company reports. Still, the balance of the year looks promising for the private-label market, according to MAXEX. And the elephant in the room is interest rates.

Marketing 386

Marketing Training Government Investing 386

Housing Wire

JUNE 6, 2024

Celink has been reviewed by Moody’s since 2016; initially receiving a SQ2- rating, which was upgraded to SQ2 in 2021, and has remained consistently at that level since,” Celink noted in its announcement about the rating. The SQ represents Moody’s view of a servicer’s ability to prevent or mitigate asset-pool losses across changing markets.

Mortgage 372

Mortgage Contracts Investors Investing 372

Housing Wire

MARCH 12, 2024

Since launching in 2016, Maxwell has used technology to streamline and accelerate the mortgage process for more than 300 banks, credit unions and other lenders on its platform. The Denver-based fintech made its first mergers and acquisition (M&A) deal in May 2023 when it acquired mortgage solutions provider LenderSelect.

Technology 372

Technology Retail Lending Design 372

Housing Wire

SEPTEMBER 9, 2022

That condition was met eight years later in 2016 when the FHFA increased conforming limits for the first time in a decade. The Housing and Economic Recovery Act established in 2008 determined a formula for increasing conforming loan limits for Fannie Mae and Freddie Mac.

Finance 426

Finance Law Government Mortgage 426

Housing Wire

NOVEMBER 20, 2023

Kasper, broker/owner of Berkshire Hathaway HomeServices Silverhawk Realty in Nampa, Idaho , has served on NAR ’s board of directors since 2016. Parcell, a Utah Realtor, resigned days after the New York Times published a bombshell investigation into allegations that he sexually harassed multiple women at the trade organization.

Realtors 381

Realtors Realty Real Estate Government 381

Appraisal Buzz

SEPTEMBER 19, 2024

The typical profit margin on homes flipped during Q2—based on the difference between the median purchase and median resale price for home flips—remained approximately 25 percentage points below peaks hit in 2016. level reported in mid-2016, and from a more recent peak of 48.8% That resulted in a typical 30.4% in Q2 of last year.

Renovations 433

Renovations Investors Property Taxes Investing 433

Housing Wire

JULY 22, 2024

Iannitti, a 2016 HousingWire Vanguard award winner, was a well-recognized face of the digital mortgage revolution and has shaped DocMagic into a key partner for mortgage originators, closing specialists, servicers and secondary market investors.

Technology 416

Technology Clients Mortgage Investors 416

Housing Wire

OCTOBER 27, 2023

Compass entered the Colorado market in 2016 and now has 13 offices and 1,100 agents. In 2022, the team sold $49.1 million worth of real estate. The move of these four teams to Compass in Denver comes two months after the Infinity Pros team joined in August.

Real Estate 356

Real Estate Brokerage Agents Technology 356

Housing Wire

FEBRUARY 17, 2022

Freddie Mac introduced its asset and income modeler in 2016, and in 2019 it started using tax return data to automate the income calculation process. At the time, Freddie Mac said the capability would free underwriters from doing busy work and allowed them to “focus on the big-picture credit profile of a borrower.”.

Lending 541

Lending Mortgage Clients Business 541

Housing Wire

MAY 14, 2024

million in pre-seed funding in 2016. What’s more, FinLocker is used by mortgage originators well up the funnel to attract prospective homebuyers, including current renters to their business, further building their sales pipeline.”

Tools 395

Tools Technology Valuation Development 395

Appraisal Buzz

OCTOBER 24, 2024

Nonetheless, a slowdown started in 2016, and by the end of the year, monthly totals for commercial foreclosures had dropped below 500. Between 2014 and 2015, the number of business foreclosures increased steadily, reaching a high of 889 in October 2014. This pattern persisted throughout the years before to the pandemic.

Real Estate 397

Real Estate Business Government Appraisal 397

Housing Wire

FEBRUARY 21, 2024

This percentage is normalized to reflect a value of 100 at the level of movement in January 2016 (0.7313%). The number of agents changing offices is divided by the number of agents active in the past 12 months in the analyzed market areas.

Real Estate Agent 424

Real Estate Agent Real Estate Brokerage Agents 424

Housing Wire

NOVEMBER 28, 2023

That condition was met eight years later, in 2016, when the FHFA increased conforming limits for the first time in a decade. The 2008 Housing and Economic Recovery Act established a formula for increasing conforming loan limits for loans backed by Fannie Mae and Freddie Mac.

Finance 534

Finance Government Law Mortgage 534