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The surprising future of mortgage technology

Housing Wire

Talk to any mortgage technologist about the future of the industry and two topics will emerge immediately: big data and smarter automation. Joe Camerieri, EVP Mortgage Cadence. Today, while the mortgage industry has the technology to support this, we’re still in the early stages of determining how it should be used.

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Rocket Companies’ public debut underwhelms but execs insist they are ‘in it for the long haul’

Housing Wire

Part of the reason behind the company’s decision to lower its expectations, industry insiders say, is that Rocket was getting pushback on its claims that it is a true tech company, as opposed to being viewed more broadly as a mortgage lender. People are trying to wrap their brains around how the mortgage process is being transformed.

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To expand housing counseling services, HUD taps Zillow

Housing Wire

New final rule on counseling accessibility Published in the Federal Register on Monday, the “ Modernizing the Delivery of Housing Counseling Services ” final rule now allows HUD-approved housing counseling agencies to use a broader swath of communication methods with counseling clients.

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An inside look at the latest trends in housing regulation and policy, featuring the 2022 Vanguard Honoree, Armando Falcon

Housing Wire

The first is the overall business transformation that’s taking place in the mortgage industry. We’re seeing new energy and new initiatives in this area at many mortgage and housing agencies. That I’m proud of the role that they are playing in helping modernize mortgage production and the secondary market? Because I am.

Lending 397
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Real estate newsletters: The ultimate playbook (+ 49 topic ideas & subject lines)

Housing Wire

Its the best place to find average mortgage rates. Or omit the MLS link and tease out the listing with stats and photos in your newsletter, and invite your audience to contact you directly for more information. This massive database goes back multiple decades and is consistently updated with each new census.

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 10 Critical metrics to track in a purchase market

Housing Wire

Transport yourself back to 2019. Industry newsletters are reporting that mortgage lenders are tightening their belts as the cost to manufacture a loan peaks at a decade high of $9,299. mortgage loan originations, the largest annual volume on record since 2005. It’s 9 a.m. In March 2020 all of that changed. trillion in U.S.

Marketing 370
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Investor Insights: How to Thrive in CRE Amid Challenging Market Conditions

Appraisal Buzz

Meeting their mortgage and investor obligations will be difficult for these aggressive operators. This increase in interest rates will likely lead to higher exit cap rates when you go to sell and mortgage costs at acquisition. Consider the property’s proximity to amenities, transportation, schools, and employment hubs.

Investors 195