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Homebuyers say this is the worst time ever to buy a house
Homebuyers are feeling pretty pessimistic about the housing market. In January, Fannie Mae’s Home Purchase Sentiment Index (HPSI) hit its lowest level since May 2020, when much of the country was still in lockdown.
The fate of HUD
Under Marcia Fudge, HUD has a renewed focus on fair lending. But the department and FHA have also struggled to navigate challenges posed by COVID-19 and correct long-standing deficiencies. Here’s what lies ahead.
UWM sues broker shop for sending loans to Rocket, Fairway
Shawn John Nevin, CEO of America’s MoneyLine, says UWM’s $2.8M lawsuit is “anticompetitive, anti-American” and won’t survive legal scrutiny.
Positive jobs report sends bond yields higher
The bond market shot up higher as soon as the jobs report came in. Watch for mortgage rates to follow that trend higher.
Here are 4 macro trends impacting the 2022 housing market
The new housing market environment expected in 2022 is underpinned by four macro trends in the economy. So, what are the implications of those trends on the mortgage market?
Mortgage stocks are in free fall. So what’s next?
The six nonbank lenders that went public during the pandemic have lost around $36 billion in combined value since Rocket debuted on the NYSE in August 2020, according to an analysis by HousingWire.
Here are 4 macro trends impacting the 2022 housing market
The new housing market environment expected in 2022 is underpinned by four macro trends in the economy. So, what are the implications of those trends on the mortgage market?
Will 2022 be a good year for real estate investors?
Whether a real estate investor is a developer or a fix-and-flip expert, the good news is that demand isn’t going away anytime soon.
New home sales rebound, but builders are still wary
Logan Mohtashami’s rule of thumb for anticipating homebuilder behavior is based on the three-month average of housing supply.
What’s driving First American’s big bets on proptech
First American Title in Q3 recorded $278 million in gains related to its tech/venture investments. We caught up with Paul Hurst for a closer look at the company’s tech strategy. HW+ Premium Content
A Crystal Ball for eClosings
After a big leap ahead in 2020, are eClosings stalling? Here’s what you need to know about the future of digital closings. HW+ Premium Content.
Appraisers slam FHFA appraisal blog post
Research detailing overt demographic references in appraisal reports has sparked anger from appraisers, even as they express dismay at the findings.
FHFA takes a swing at racial bias in appraisals
In a report on racial bias in appraisal, the FHFA said it found examples of “overt references to race, ethnicity, and other prohibited bases under federal fair lending laws.”
California couple sues appraiser for race discrimination
A San Rafael, California real estate appraiser is being sued for allegedly undervaluing a home by almost 50% because the homeowners are Black.
