How analysts see 2024 shaping up for mortgage lenders
Kyle Joseph, a specialty finance equity research analyst at Jefferies, believes that the worst of the current mortgage cycle may be behind us,...
Home equity investment firm Splitero loses main investor, $750M in committed capital
Michael Gifford and David Zvaifler‘s home equity investment company, Splitero, lost its main investor, Redwood Trust, HousingWire has learned.
According to an internal presentation...
Indie agency Legends Real Estate makes the soar to The Real Brokerage
Indie brokerage Legends Real Estate has joined The Real Brokerage, expanding Real’s footprint in Northern California.
Industry veteran John Pope founded the Sacramento-based...
Have lower mortgage rates already boosted housing demand?
Purchase application data
Last year, when mortgage rates fell from 7.37% to 5.99%, we got three good months of positive purchase application data until...
Connecticut governor signs aging-in-place bill into law
Connecticut Gov. Ned Lamont signed a bill into law on Tuesday that aims to improve the prospects for seniors who seek to age...
Builders rediscover a tool from the 1980s that keeps new home prices from falling
While sellers of existing homes have struggled with rising rates and softening demand, homebuilders have not only survived, but thrived in this market...
What should lenders consider in 2024 for collateral risk?
The GSEs are taking a closer look at how they evaluate collateral risk. Appraisal modernization is vital. Gareth Borcherds, managing director Ascent Software...
Planet Home Lending appoints new chief information officer
Connecticut-based lender, servicer and asset manager Planet Home Lending has appointed Bill Shuler as executive vice president and chief information officer. In his...
Is time the enemy of equity for chronically distressed homeowners?
Chronically distressed properties lost more than $7,000 in total home equity on average while cycling in and out of foreclosure, according to an...
Top cost-effective retail lenders produce loans at half the industry average: Freddie Mac
The average cost to originate a loan at large-sized retail lenders (quarterly loan volumes of more than $500 million) was $11,000 in Q3...
