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Not wasting any time following his Senate confirmation last week, Federal Housing Finance Agency (FHFA) Director Bill Pulte made a series of major changes to the boards of government-sponsored enterprises Fannie Mae and Freddie Mac according to filings with the Securities and Exchange Commission (SEC). The news was first reported by Inside Mortgage Finance.
CoreLogic has issued its Homeowner Equity Report (HER) for Q4 of 2024 which found that nationwide, borrower equity increased by $281.9 billion, or 1.7% year-over-year. CoreLogics HER shows that U.S. homeowners with mortgages (which account for roughly 61% of all properties) saw home equity increase by about $4,100 between Q4 2023 and Q4 2024, which is less than the gain of $6,000 in Q3 2023.
Fluctuating interest rates have been a feature of the housing market over the last three years. As mortgage rates rose, homebuyer demand slowed and inventory grew. In 2025, mortgage rates have stayed stubbornly high for yet another spring buying season. Today, home sales still remain super slow. Our 2025 housing market predictions are based on the assumption that lower mortgage rates will spur demand and boost the number of homes sales transactions.
Although homeownership rates are rising for Americans of all races, specific challenges still exist for Black Americans. Experts in real estate are stepping in to assist purchasers in overcoming those hurdles. According to the National Association of Realtors (NAR) 2025 Snapshot of Race and Home Buying in America , the Black homeownership rate in the U.S.saw the largest year-over-year rise among racial groups in 2023, but it still lags well below the White homeownership rate.
Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.
Paul Kennedys 1987 book The Rise and Fall of the Great Powers examined how dominant world powers reached extraordinary global influence, only to experience significant declines often due to shifting economic conditions. A similar pattern has been observed in the corporate world, with companies like Sears , IBM , General Motors , and Kodak rising to dominance before losing their leadership positions.
According to the Mortgage Bankers Association (MBA), theMortgage Credit Availability Index (MCAI)indicates that mortgage credit availability rose in Februarydespite economic changes and housing market uncertainty. Mortgage credit availability in February increased for the third consecutive month to its highest level since March 2023, said Joel Kan, MBAs VP and Deputy Chief Economist.
According to the Mortgage Bankers Association (MBA), theMortgage Credit Availability Index (MCAI)indicates that mortgage credit availability rose in Februarydespite economic changes and housing market uncertainty. Mortgage credit availability in February increased for the third consecutive month to its highest level since March 2023, said Joel Kan, MBAs VP and Deputy Chief Economist.
In the ongoing lawsuit by Texas Capital Bank (TCB) seeking to recoup assets related to an extinguished reverse mortgage securities issuer, Ginnie Mae has fired back by continuing to seek a summary judgment. The government contended that the banks recent supplement to the record of expert testimony is not appropriate or useful for the court, according to filings obtained by HousingWire s Reverse Mortgage Daily (RMD).
Most mortgage lenders have already embraced automation in their operations. Digital loan applications, automated underwriting, and electronic closings have become standard practice. Yet many lenders still struggle with a critical challenge: getting their various technology systems to work together seamlessly. The reality is that modern mortgage operations run on multiple platforms loan origination systems, servicing software, payment processing tools, and customer relationship management system
A bill being deliberated in the Washington State Senate regarding a foreclosure mediation program would except reverse mortgage borrowers over the age of 61. However, this would not include slightly younger borrowers seeking a proprietary reverse mortgage within the state, and the National Reverse Mortgage Lenders Association (NRMLA) has requested that the bill be updated to encompass these borrowers.
This article is featured in the 2024 edition of the Appraisal Buzz Magazine. Some other features in our magazine include funny Buzztoon comics, industry trends, as well as crazy stories from appraisers and readers like you! Read all these articles and more in the latest edition HERE. If you want to make sure you are receiving the print version of the Appraisal Buzz magazine in your mailbox, sign up HERE.
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
In this weeks episode of the RealTrending podcast, host Tracey Velt sits down with Ohio Realtors President Michelle Billings , an agent at Coldwell Banker Realty in Montgomery, Ohio. They explored affordability issues in today’s real estate market and how agents should leverage their knowledge for success. Billings has over 23 years of experience as real estate professional.
Rents in the District of Columbia fell during most of 2024 due to an increase in new construction, yet the median rent increased 2.7% year-over-year to $2,325 in February 2025 after three months of declines, all per a new report from Redfin. Its too early to tell how the expected mass federal layoffs will impact the D.C. market; if a significant number of workers move away, expect rents to drop.
A growing problem is preventing condominium owners from selling their properties. Many condos are being added to a “blacklist” by Fannie Mae due to the properties not having enough insurance or needing major repairs. If a condo is on this list, its significantly harder for prospective buyers to get a mortgage, making it nearly impossible to sell.
The share of mortgage loans in forbearance decreased by 2 basis points month-over-month to 0.38% of servicers portfolios as of February 28, according to the Mortgage Bankers Associations (MBA) monthly Loan Monitoring Survey. Thats down from 0.40% of servicers portfolio volume in January. The MBA estimates that 190,000 homeowners were in forbearance plans, as of the end of February.
At the end of 2024, I wrote that the homebuilding sector could be a potential wildcard for 2025 and that was before the new tariffs on building materials and firing of federal workers. If mortgage rates don’t drop, we may see this sector facing supply issues and shrinking profit margins. Why is this important? To avoid a job loss recession, closely monitoring the homebuilding industry is essential.
In this part, we look at modeling, the third acceptable method. What kind of a method is modeling? Thats pretty broad. Editors Note:Read the entire series (so far) here. A common definition of model is a small representation of something. More formally, its an abstract/logical depiction to improve understanding of prediction. The Fannie Mae GSE […] The post Modeling the Time?
William Raveis has added its name to the ever growing list of brokerage defendants who have settled the commission lawsuits. Last Wednesday, the east coast-based firm filed a joint motion with the Gibson plaintiffs to stay proceedings and deadlings related to William Raveis in the Gibson suit due to a successfully negotiated settlement. The settlement terms and financial amount have not yet been disclosed.
Billion-dollar deals arent just making headlines; theyre reshaping the industry, consultant Chris Pollinger writes. The subsequent impact will be felt by every agent, brokerage and homebuyer in the game.
The National Association of Realtors (NAR) currently has a lot on its plate from the ongoing debate over its Clear Cooperation Policy , to the current uptick in industry consolidation but the Bandy fraud lawsuit is no longer its concern. Earlier this month, Judge Stanley Blumenfeld dismissed NAR , along with News Corp. and Move subsidiaries Move Sales, Inc., OpCity, Inc., OpCity Acquisition, LLC, RIN , and RealSelect from the suit.
There were 11 contract signings at $10 million-plus last week, and the city's priciest closing was on a downtown condo that sold in an off-market deal for $60 million.
While the white homeownership rate still leads all racial groups in the U.S., Black homeowners have had some significant gains recently. The Black homeownership rate saw the largest year-over-year increase of all racial groups in 2023, according to data released Monday by the National Association of Realtors (NAR). But this growth was also hampered by consistent challenges.
More state attorneys general are getting in on the Real Estate Settlement Procedures Act ( RESPA ) action. In mid-January, Pennsylvanias former attorney general Michelle Henry filed a kickback lawsuit against Barry Newhart and six mortgage entities he controls: Bright Financial Group , Conquest Mortgage , Flagship Home Loans , Legacy Mortgage Partners , Nittany Home Loans , MCT Financial , Conquest Holdings and Newhart Holdings.
Originally published on 11/05/2015 Using mobile forms? Check out this hidden trick to streamline your form-filling experience When creating digital forms for business operations, such as an employee evaluation template or a digital invoice , optimizing the user experience is essential. One often overlooked way to streamline form completion is setting the correct default keyboard for template fields.
Ryan Serhant is headed west. His eponymous brokerage SERHANT. has entered Phoenix with the addition of a collection of brokerages that have closed more than $500 million in sales volume over the last 12 months. The move brings on more than 50 new agents, and they launched with 100 listings. It marks SERHANT.s first entry into the western region, with more to come.
Coach Melanie Klein shares how buying a small condo on a budget set this real estate professional up for long-term investor success and financial independence.
The Mortgage Collaborative ‘s ( TMC ) Emerging Technology Fund hosted its seventh annual Mortgage Tech Demo Day (MTD) on March 16 at the collaborative’s Live Large, Think Big! conference in Arlington, Texas. Sponsored by Docutech , MTD allows early-stage mortgage tech companies to showcase their technology to industry leaders, investors and venture capitalists.
The new market is launching with over 50 agents who represent more than $500 million in sales volume over the past 12 months and who will offer more than 100 listings to start.
Verification technology company Xactus on Monday announced the launch of its open API portal, which allows partners to access integration rules that enable a faster, easier way to integrate their own tools or platforms with Xactus360, an Intelligent Verification Platform (IVP). Launching our open API portal is a major milestone in Xactus journey to becoming a true fintech.
Xactus , which offers verification solutions for the mortgage industry, has launched an open API portal, allowing partners to easily access integration rules which enable a faster, easier way to integrate their own tools or platforms with the Xactus360 verifications platform. Launching our open API portal is a major milestone in Xactus journey to becoming a true fintech, says James Owens, chief technology officer of Xactus, in a release.
Economic uncertainty could slow sales during the peak season, but listing in April or May remains a good bet. In some metros, selling season starts now.
Fetch Agent calls itself a cutting-edge platform that humanizes the house-hunting experience by seamlessly connecting homebuyers directly with buyers agents to find their next home.
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