Housing Wire

JULY 12, 2024

A survey of mortgage default servicing leaders revealed that foreclosures are expected to rise slowly during the second half of 2024, while ample amounts of home equity should keep many properties in loss mitigation from moving into foreclosure status. Respondents expected the U.S.

Property Taxes 428

Property Taxes Mortgage Insurance Government 428

Housing Wire

APRIL 24, 2024

Congratulations to the 2024 Rising Stars! Rising Stars have impressive professional momentum, and are building reputations for driving growth and change while making those around them better. Take a look below to see this year’s list of honorees. Name Job Title Company Name A.T.

Real Estate 438

Real Estate Realty Project Management Realtors 438

Housing Wire

NOVEMBER 1, 2024

Similar to the HousingWire TECH100, which celebrates the most innovative companies in mortgage and real estate tech, Tech Trendsetters highlights the individuals who are developing cutting-edge technology and leading innovation for their clients in these industries. Congratulations to the 2024 Tech Trendsetter honorees!

Technology 355

Technology Realty Real Estate Development 355

Appraisal Buzz

DECEMBER 17, 2024

The most recent Commercial Delinquency Report from the Mortgage Bankers Association (MBA) shows that commercial mortgage delinquencies rose in the third quarter of 2024. percentage points from the second quarter of 2024; Life company portfolios (60 or more days delinquent): 0.46%, an increase of 0.03

Mortgage 398

Mortgage Investors Real Estate Development 398

Housing Wire

MARCH 5, 2024

The federally insured reverse mortgage known as a Home Equity Conversion Mortgage (HECM) is unique, as are the rates that impact the HECM product. Department of Housing and Urban Development (HUD) determines how much principal a lender can provide a borrower. With a HECM loan, the U.S.

Mortgage 348

Mortgage Insurance Home Value Development 348

Housing Wire

NOVEMBER 15, 2024

The reverse mortgage portion of the Federal Housing Administration ’s (FHA)’s Mutual Mortgage Insurance Fund (MMIF) has reached a positive capital ratio for the fourth year in a row on the overall government-backed portfolio. The HECM cash flow net present value in 2024, which is a measure reported to Congress by the U.S. As of Sept.

Insurance 323

Insurance Development Mortgage Design 323

Housing Wire

JULY 9, 2024

In the May 2024 reverse mortgage rates report, we discussed how reverse mortgage borrowers might benefit from higher interest rates over the life of the loan. When prepayments are made with a HECM loan, certain portions of the loan balance are paid back first, beginning with that portion representing mortgage insurance.

Mortgage 314

Mortgage Insurance Clients Development 314

Housing Wire

JANUARY 29, 2024

Meanwhile, homeowners insurance is increasingly becoming a bigger issue for consumers and servicers. In California, Texas and Louisiana, as well as portions of other states that are at risk for natural disasters , just getting homeowners insurance is getting more difficult as large insurers stop writing coverage.

Insurance 345

Insurance Real Estate Technology Clients 345

Appraisal Buzz

OCTOBER 28, 2024

Department of Housing & Urban Development (HUD) have released new appraisal data from loan applications on single-family mortgages submitted to HUD’s Federal Housing Administration (FHA). The appraisal-level PUF for FHA-insured mortgages contains details on approximately 266,000 single-family appraisals conducted from 2017 through 2022.

Appraisal 410

Appraisal Insurance Valuation Property Appraisal 410

Appraisal Buzz

OCTOBER 1, 2024

This piece originally appeared in the September 2024 edition of MortgagePoint magazine, online now. Last year, National General Lender Services published an article highlighting that secondary perils, such as severe convective storms, wildfires, and river floods, are significantly impacting the insurance industry.

Insurance 222

Insurance Marketing Law Modernization 222

Housing Wire

JANUARY 17, 2024

Department of Housing and Urban Development (HUD) Marcia Fudge suggested to a congressional committee that the department could consider eliminating life-of-loan premium requirements for mortgages backed by the Federal Housing Administration (FHA), but did not offer any indication about the issue’s priority level at HUD.

Insurance 421

Insurance Mortgage Development Marketing 421

Housing Wire

JANUARY 10, 2024

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) on Tuesday released its priority open recommendations report, submitted to HUD Secretary Marcia Fudge designed to highlight as-yet unaddressed risks in the management of the department.

Design 404

Design Insurance Modernization Development 404

Housing Wire

FEBRUARY 7, 2024

1, 2023, the jointly development Uniform Property Dataset (UPD) for the government-sponsored enterprises (GSEs) became active and included a data standard for condos, according to the Selling Guide. This new dataset will replace our proprietary data standard on April 1, 2024.

Retail 376

Retail Project Management Insurance Landlords 376

Housing Wire

MARCH 5, 2024

Department of Housing and Urban Development (HUD) and state and local housing finance agencies,” according to the announcement. The Treasury Department also announced that it will hold listening sessions across the country throughout 2024 to better assess actions it can take to improve housing supply and affordability.

Insurance 420

Insurance Construction Government Design 420

Housing Wire

AUGUST 22, 2024

Seattle -based real estate brokerage Redfin imposed a new round of layoffs on Thursday, a development first reported by GeekWire. These agents are W-2 employees who receive health insurance, 401 (k) matches and other benefits. million in second-quarter 2024, slightly more than its $27.4 million loss in Q2 2023.

Brokerage 391

Brokerage Agents Real Estate Insurance 391

Housing Wire

DECEMBER 27, 2023

With its four largest firms all at least 100 years old, the title insurance industry has a bit of a reputation for being antiquated and technology averse. “I For example, when a title company receives a Purchase & Sale contract via email, AI can help grab key information and queue up a transaction with pre-populated data for review.”

Technology 405

Technology Business Insurance Development 405

Appraisal Buzz

NOVEMBER 26, 2024

On Tuesday, December 3, Williston Financial Group (WFG) will host its fourth and final 2024 quarterly installment of the company’s “ Quarterly Economic Outlook ” webinar, featuring WFG Chairman and Founder Patrick F. Regulatory Developments: Key updates on policy changes and new regulations affecting industry compliance and operations.

Real Estate 367

Real Estate Insurance Tenants Construction 367

Housing Wire

JANUARY 17, 2024

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. This is a huge boon for the program as seller concessions have not been allowed within the FHA-insured program since its inception.

Finance 422

Finance Real Estate Agent Real Estate Insurance 422

Appraisal Buzz

JUNE 27, 2024

Still , Vice Chair, Pulte Financial Services Sheri Thompson , EVP, Head of Affordable Housing, Walker & Dunlop Eileen Tu , VP, Mortgage Policy and Credit Development, Rocket Mortgage John Wiechmann , President/CEO, Midwest Housing Equity Group Inc. elementor – v3.22.0 – 17-06-2024 */.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading.elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inhe

Development 396

Development Finance Tenants Lending 396

Housing Wire

MARCH 29, 2024

The Federal Home Loan Bank system is made up of 11 regional banks that pass on discounted loans to their membership of banks, credit unions, and insurance companies. Source: Numbers from CBO Report (2024) and FHLBanks Annual 2023 Combined Operating Highlights Graphic made with SankeyMATIC. billion dollars(!) billion dollars(!)

Government 394

Government Insurance Development Finance 394

Housing Wire

MAY 23, 2024

In the first quarter of 2024, 38% of a typical household’s income was needed to make a mortgage payment on a median-priced, new single-family home in the U.S. This calculation includes median home prices , assuming a 10% down payment, as well as taxes, homeowners insurance and private mortgage insurance.

Supply Chain 362

Supply Chain Insurance Training Construction 362

Housing Wire

SEPTEMBER 4, 2024

The Federal Housing Administration (FHA) on Wednesday published Mortgagee Letter (ML) 2024-18 , which implements updates to debenture interest rates and reimbursements for Home Equity Conversion Mortgage ( HECM ) program claims proposed in July. HERMIT was launched by HUD in October 2012 after a protracted development cycle.

Mortgage 370

Mortgage Legal Development Insurance 370

Housing Wire

AUGUST 6, 2024

Department of Housing and Urban Development (HUD), the FHA and the government-sponsored enterprises (GSEs) in collaboration with the Federal Housing Finance Agency (FHFA) — was designed to ”develop an aligned approach for both FHA-insured mortgages and those purchased or guaranteed by” the GSEs, HUD explained. 29 and Sept.

Reconsideration of Value 337

Reconsideration of Value Appraisal Design Valuation 337

Appraisal Buzz

OCTOBER 23, 2024

According to proprietary data from Auction.com , early indications of waning demand for distressed properties sold at auction that appeared late in the second quarter persisted throughout the third quarter of 2024. Of those 65 markets, 29 (45%) reported higher sales rates in Q3 2024 than they did in the same period last year.

Retail 370

Retail Marketing Inventory Development 370

Housing Wire

FEBRUARY 2, 2024

It wants smaller loan originators, credit unions and others “to offer FHA-insured loan products in branch offices that they did not previously register due to business volume considerations, thus expanding the availability of FHA programs to underserved communities,” the notice said.

Mortgage 414

Mortgage Finance Insurance Lending 414

Housing Wire

NOVEMBER 26, 2024

The Federal Housing Administration (FHA) announced on Tuesday via Mortgagee Letter (ML) 2024-22 a maximum claim amount of $1,209,750 in 2025. The annual FHFA announcement typically acts as a “sneak peek” at the limits for the HECM program in the new year, but both figures were published almost simultaneously in 2023 and 2024.

Lending 284

Lending Insurance Development Finance 284

Housing Wire

OCTOBER 4, 2024

Summary Best NMLS prelicensing & CE schools for 2024 MLO Force The CE Shop OnCourse Learning by Colibri OnlineEd What is an NMLS license? Best NMLS prelicensing & CE schools for 2024 Best for renewals MLO Force Specializes in CE courses created for MLOs, by MLOs. In fact, you won’t even get in the door without one.

Real Estate 339

Real Estate Loan Officers Tools Law 339

Appraisal Buzz

JULY 22, 2024

RentCafe has analyzed the nation’s rental market for the first half of 2024, ranking the most sought-after markets for rentals. With high home prices and limited housing options making renting a preferred choice for many, RentCafe took a deeper look at which cities have received the most attention from renters in the first half of 2024.

Marketing 398

Marketing Transportation Development Modernization 398

Appraisal Buzz

SEPTEMBER 18, 2024

Supply has risen significantly in many Sun Belt states, where such factors as ease of new home development and increasing insurance costs are having an impact, but at the national level the supply shortage still very much applies.” To read the full release, click here.

Development 370

Development Insurance Mortgage Inventory 370

Housing Wire

AUGUST 27, 2024

The Federal Housing Administration (FHA) announced late last week that the previously detailed updates and expansions to its 203(k) Rehabilitation Mortgage Insurance Program will be incorporated into updates for the FHA Connection (FHAC) portal. Department of Housing and Urban Development (HUD).

Renovations 346

Renovations Modernization Insurance Finance 346

Housing Wire

MAY 17, 2024

Over the years, he traveled extensively to its field operations, maintained a culture of family and care, and developed initiatives that focused on employees and their families, the company said. As of March 31, 2024 , D.R. Through its subsidiaries, the company offers mortgage financing, title services and insurance agency services.

Inventory 346

Inventory Development Real Estate Insurance 346

Housing Wire

JUNE 14, 2024

She will now oversee all aspects of the company’s enterprise development team, which is expanding as Incenter seeks to create new solutions and bolster competitive advantages for its clients. “I Incenter’s business channels include capital markets, loan diligence, student lending, insurance, property tax, accounting and marketing solutions.

Property Taxes 318

Property Taxes Clients Development Insurance 318

Housing Wire

JULY 17, 2024

Department of Housing and Urban Development (HUD) on Wednesday proposed a new rule that would implement a permanent program to sell seriously delinquent single-family mortgages insured by the Federal Housing Administration (FHA). 16, 2024. HUD is requesting public comments by Sept.

Mortgage 328

Mortgage Government Insurance Development 328

Housing Wire

APRIL 23, 2024

Nominations for HousingWire’s 2024 Marketing Leaders award are open now through April 30th, 2024. brands, including brokerage, mortgage, title, insurance and technology. The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards.

Marketing 316

Marketing Project Management Advertising Real Estate 316

Housing Wire

AUGUST 9, 2024

A cooler spring homebuying season led to a mixed bag of financial results for the Big Four title insurance firms in the second quarter of 2024. million in Q2 2024. million in Q2 2024. As the firm looks to the future, executives said they are continuing to focus technological developments. million in Q2 2024.

Marketing 309

Marketing Technology Insurance Investing 309

Housing Wire

DECEMBER 8, 2023

Topics include: Real estate license law, agency, contracts, real property, ownership, taxes, water law, land development and zoning, deeds and title transfer, escrow and settlement, fair housing, leases & more AZ Contract Writing Course: 6 hrs of required instruction. out of 5 stars Rating: 4.5 out of 5. out of 5 stars Rating: 4.5

Real Estate 319

Real Estate Contracts Law Real Estate Agent 319

Housing Wire

AUGUST 26, 2024

This figure does not account for additional expenses associated with homeownership, such as maintenance, repairs, taxes, and insurance. Build-to-rent developments aren’t the only response to this increase in single-family rental demand. The typical asking rent for a single-family home in May was $2,262, a 4.7%

Marketing 389

Marketing Real Estate Agent Investors Tenants 389