Housing Wire

SEPTEMBER 23, 2021

trillion in equity in the second quarter of 2021, a 29.3% Meanwhile the Chicago- Naperville-Arlington Heights metro area had the largest share of negative equity for homeowners in Q2 2021, at 5.2%. As compared to the first quarter of 2021, the total number of mortgaged homes in negative equity in quarter two decreased by 12% to 1.2

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Housing Wire

MARCH 25, 2022

Home Mortgage Disclosure Act (HMDA) data, released Thursday by the Consumer Financial Protection Bureau, showed a reshuffle in the top 10 lenders by volume for 2021. Rocket pumped out $340 billion in loans in 2021, 8.55% more than it did in 2020. Wells Fargo moved up one notch, originating $141 billion, a 11% increase from 2021.

Mortgage 459

Mortgage Lending Home Improvement Investing 459

Housing Wire

SEPTEMBER 22, 2021

Now that we are a few days away from October, we can again say that the housing bubble boys and the forbearance crash bros have whiffed just as severely in 2021 as they did in 2020. So far this year, every existing home sales print has been higher in 2021 than the closing level of sales in 2020, which was 5,640,000. Already a member?

Realtors 532

Realtors Mortgage Housing Market Real Estate 532

Housing Wire

JANUARY 7, 2021

2021 was supposed to be different. Since 2020 was by no measures typical, including for the housing market, I provide here some considerations to take into account when interpreting the year-over-year purchase application data for 2021 that take into account how significant the effect of the COVID crisis was to this metric.

Housing Market 545

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Housing Wire

DECEMBER 17, 2020

The market should shatter that pace in 2021, potentially hitting 6.9 Get $75 off your initial membership with coupon code “intro75” The post 2021 housing market outlook: No signs of slowing appeared first on HousingWire. Incredibly, next year’s housing market outlook is poised to be much stronger.

Housing Market 546

Housing Market Marketing Home Value 546

Housing Wire

DECEMBER 25, 2020

Fannie Mae Chief Economist Doug Duncan said he expects existing home sales to ultimately “be up a percent or more in 2021. The new home sales numbers had a big jump in 2020, and [there will be] more growth in 2021, but they’re going to have to rebuild that inventory, because anything that the builders are building today gets sold.

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Real Estate Agent Housing Market Inventory Real Estate 545

Housing Wire

MAY 19, 2021

A full month of sub-3% mortgage rates , ongoing housing market supply constraints, and a 300% increase in lumber prices over the past 15 months has prompted Fannie Mae ‘s Economic and Strategic Group to revise several of its 2021 forecasts. in 2021 compared to 2020, but has yet to take into account the 13.4% drop in April.

Housing Market 521

Housing Market Marketing Mortgage Inventory 521

Housing Wire

DECEMBER 2, 2020

Given massive year-over-year gains in home prices , the Federal Housing Administration (FHA) is increasing its 2021 loan limit in most of the U.S. That loan limit figure is determined as a percentage of the national conforming loan limit for Fannie Mae and Freddie Mac , which is increasing in 2021 to $548,250. 1, 2021, through Dec.

Law 534

Law Housing Market Insurance Construction 534

Housing Wire

NOVEMBER 23, 2020

As we prepare to enter 2021, our country has lost more than 250,000 people and over 22 million jobs during the 2020 pandemic. Without renewal, our housing market forecasts show 2021 could highlight the underlying economic damage from the pandemic. 2021 housing market. How is this possible?

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Housing Market Marketing Government Mortgage 521

Housing Wire

AUGUST 2, 2021

This is the exact type of energy and fervor that fills the award profiles of HousingWire’s 2021 Women of Influence honorees who are featured in this magazine. My favorite part of this issue is that the excitement that surrounds the 2021 Women of Influence profiles carries well beyond the first feature. Brena Nath HW+ Managing Editor.

Finance 397

Finance Technology Mortgage 397

Housing Wire

NOVEMBER 29, 2021

in October — and since we are days away from December, we can officially label the 2021 housing crash bears as even worse than the 2020 housing crash bears. As we can see below, housing moderated, found a base and moved higher toward the second half of 2021. So far, 2020 and 2021 have come in as a noticeable beat in my eyes.

Inventory 532

Inventory Contracts Training Investors 532

Housing Wire

DECEMBER 3, 2020

Total home sales are outpacing new listings by a wide margin every month, and real estate tech company Homesnap foresees the shortage continuing in 2021 unless more sellers enter the market. Homesnap said this trend could further drain inventory as 2021 approaches. 22%, while total sales increased 19.29%. Presented by: Freddie Mac.

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Inventory Housing Market Marketing New Listings 546

Housing Wire

FEBRUARY 10, 2022

billion for 2021, a 65% increase from 2020. The government-sponsored enterprise saw a 20% growth in its single-family mortgage portfolio from 2020 to 2021, driven by soaring home prices and an increase in the average size of loans it acquired. trillion in single-family loans in 2021, about two-thirds of which were refinances.

Landlords 418

Landlords Tenants Finance Government 418

Housing Wire

DECEMBER 28, 2020

Here’s what I think that means for the 2021 housing market. For housing in 2021, the range in the 10-year yield will be between 0.62% and 1.94% , but consider these caveats. The post What to expect from the 2021 housing market appeared first on HousingWire. We’ve come a long way, folks.

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Housing Wire

JANUARY 18, 2021

Now, in the first weeks of 2021, it’s like de ja vu all over again. Our friendly neighborhood bubble boys are hawking a 2021 housing crash, citing as evidence the moderation of some housing data metrics that inevitably follow parabolic increases. Most forbearance plans were scheduled to end at the beginning of 2021.

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Housing Wire

NOVEMBER 17, 2020

The Mortgage Bankers Association on Tuesday released revised estimates for the third and fourth quarter of 2020 as well as predicting record purchase volume for 2021. by Q4 2021. With record purchase volume, this points to a rebounding economy in 2021, MBA reports. by the end of 2020, rising to 3.3% in 1Q21 to 1.4

Mortgage 542

Mortgage Housing Market Marketing Real Estate 542

Housing Wire

JANUARY 4, 2021

Will 2021 be more of the same? A buyer’s market in 2021? It’s not likely we’ll see a buyer’s housing market in 2021, at least according to experts. For example, home prices are still expected to rise in 2021, but at a smaller pace than we’ve seen this year. Is 2021 a good time to buy a house? Let’s take a look.

Housing Market 546

Housing Market Marketing Buyers Real Estate Agent 546

Housing Wire

DECEMBER 31, 2020

This is the fourth installment of our economist Q&A series, as we work to answer the top 2021 housing market questions. The 2021 housing market forecasts have focused on everything from home prices to mortgage rates. HW : You start your commentary with a bold prediction: The 2021 housing market will be stronger than 2020.

Housing Market 546

Housing Market Marketing Mortgage Real Estate 546

Housing Wire

JUNE 29, 2023

Most borrowers who had a mortgage forbearance in March 2021, including disproportionately impacted borrowers of color, were either current or closed as of March 2023. They’re performing, however, slightly worse than loans that were current in March 2021. Generally, the positive outcomes are clear, the Bureau said. “[T]he

Mortgage 414

Mortgage 414

Housing Wire

OCTOBER 8, 2020

Doug Duncan doesn’t claim to be an oracle, but the Fannie Mae Senior Vice President and Chief Economist on Thursday offered some forecasts for 2021, even amid a pandemic that has thrown markets into disarray. “We think at the end of 2021, it will be roughly double that, around 6%.” At the end of 2019, we were at 3.5%

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Inventory Housing Market Buyers Construction 531

Housing Wire

FEBRUARY 24, 2022

Fast forward to Thursday, and Opendoor reported losing $662 million in 2021. Opendoor’s losses came after iBuyer Offerpad announced it made $6 million in net income for 2021. Opendoor resold 21,725 of the homes it bought in 2021, up 119% from 2020. That exceeds Zillow’s $528 million loss for the year. The company tallied $8.0

Investors 459

Investors Real Estate Inventory Finance 459

Housing Wire

APRIL 11, 2022

Nonbanks and mortgage subsidiaries of chartered banks saw a big dip in profitability in 2021 amid rising interest rates, lower refinance originations, and higher expenses. The average production profit went from 157 basis points in 2020, a record high, to 82 basis points in 2021. loans per employee per month in 2021, compared to 3.3

Lending 369

Lending Mortgage Valuation Inventory 369

Housing Wire

DECEMBER 23, 2020

While the speed and magnitude of the housing recovery was surprising, the strong underlying fundamentals serving as tailwinds for the housing market’s recovery were not, and these tailwinds are expected to remain strong in 2021. 2021 housing market tailwinds: Rates, demographics and supply. The rest of this content is for HW+ members.

Housing Market 521

Housing Market Mortgage Buyers Marketing 521

Housing Wire

APRIL 7, 2021

And now, with the COVID-19 vaccine circulating and the economy slowly regaining strength, Zillow researchers say millions of additional households could enter the housing market in 2021. While moving itself can be stressful, changing zip codes in 2020 and 2021 seems to be eliciting mostly happiness. Presented by: Propertybase.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Housing Wire

NOVEMBER 17, 2022

trillion in single-family loans in 2021, with the average guarantee fee — expected to cover credit losses, administrative costs and cost of capital — rising 2 basis points from the prior year to 56 bps. In 2021, 75% of guarantee fees in came from large sellers, with just 1% coming from small sellers.

Marketing 394

Marketing Sellers Finance Mortgage 394

Housing Wire

SEPTEMBER 19, 2022

Those trends largely continued in 2021, even though refi business slowed and jumbo purchase mortgages grew in prominence, according to an analysis of Home Mortgage Disclosure Act data published by the Consumer Financial Protection Bureau on Monday. overall market share in 2021, up from 38.9% in 2021, compared to 7.3% from 66.8%

Marketing 369

Marketing Business Mortgage Lending 369

Housing Wire

JUNE 24, 2021

In 2021, all housing professionals must be focused on the 3 P’s: Process, Profitability and Purchase. And to help you power your business forward in 2021 and beyond we brought together the smartest minds in purchase mortgage marketing to share the insights, tactics and strategies that set the leaders apart. ALL EYES ON PURCHASE.

Loan Officers 358

Loan Officers Lending Finance Business 358

Housing Wire

MARCH 4, 2022

trillion in cash-out refis in 2021, up 20% compared to the prior year, the highest volume since 2005. Cash-out refis went from 36% to more than 60% of all refis from the beginning of 2021 to the fourth quarter. In 2021, homeowners tapped $275 billion in equity. trillion in 2021, up from $4.3

Home Value 476

Home Value Mortgage Marketing 476

Housing Wire

SEPTEMBER 13, 2021

As we come to the end of 2021, we also approach the end of another year living with COVID-19. Although 2021 seems normal in comparison, it is perhaps even stranger because as a country, we have learned to normalize the consumption of goods and services with an active virus infecting and killing Americans each day. Already a member?

Housing Market 487

Housing Market Marketing 487

Housing Wire

FEBRUARY 3, 2021

Economists and housing experts say mortgage lending standards will likely loosen in 2021, despite the increased risk of delinquencies ahead. The post Why mortgage lending standards will ease in 2021 appeared first on HousingWire. Such a scenario illustrates the growing disparities in the U.S. housing market.

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Lending Mortgage Insurance Housing Market 545

Housing Wire

JANUARY 29, 2021

But will 2021 be the same? Here we break down the reasons why you should or shouldn’t sell in 2021: Should sell your house: Interest rates are low. While interest rates are expected to remain steady in 2021 , there will still be a low supply of houses on the market. The post Is 2021 a good time to sell your house?

Property Taxes 482

Property Taxes Sellers Insurance Mortgage 482

Housing Wire

DECEMBER 21, 2020

But to really grasp what servicing will look like in 2021, Marina Walsh, Mortgage Bankers Association vice president of industry analysis, said not to focus on the population that continued to pay while in forbearance, but on the borrowers in serious delinquency. By mid-October, Black Knight estimated 36% (around 2.3

Technology 468

Technology Mortgage Business 468

Housing Wire

DECEMBER 1, 2021

See below for the full list of HousingWire’s 2021 Tech Trendsetters, and click through for the profiles of each honoree. The post Introducing the HousingWire 2021 Tech Trendsetters appeared first on HousingWire. Company Name. Abe Kuruvilla. Chief Information Officer. Alan Johnson. Tom Moreno. Chief Information Officer. Tom Showalter.

Technology 475

Technology Development Realty Valuation 475

Housing Wire

OCTOBER 27, 2020

Will 2021 be any different? The industry’s major players all expect mortgage rates to stay in the low 3% range come 2021. It’s likely that home prices will continue their upward climb in 2021, though it looks like it may be at a slower pace than in previous years. The post Is 2021 a good time to buy a house?

Real Estate Agent 545

Real Estate Agent Construction Housing Market Real Estate 545

Housing Wire

MARCH 1, 2022

United Wholesale Mortgage (UWM), the nation’s largest wholesale lender, posted another record for production in 2021, but lower margins and declines in fair value of mortgage servicing rights impacted its earnings. billion in profits in 2021, down 53.6% million in Q4 2021. The company reported on Tuesday $1.56 from the $3.38

Retail 418

Retail Mortgage Loan Officers Technology 418

Housing Wire

DECEMBER 9, 2020

In 2021, migration will continue to set records as more than 30% of homebuyers will look to leave their current metro area. Get $75 off your initial membership with coupon code “intro75” The post 2021 housing market forecast: What will fuel home sales? appeared first on HousingWire.

Housing Market 488

Housing Market Marketing Real Estate 488

Housing Wire

JULY 1, 2021

They were there, in the middle of everything, to make sure that brand loyalty would last well beyond 2021. This foundational first class of 2021 Marketing Leaders includes the most creative and influential marketing minds of the housing industry. The post Presenting HousingWire’s 2021 Marketing Leaders appeared first on HousingWire.

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Marketing Advertising Real Estate Technology 413