Is the housing market already rebounding from COVID-19?

Date: 26 May 2020 / Posted By: admin

Is the housing market already rebounding from COVID-19? Cabin fever is a real thing. And you don’t have to live in a cabin to get it. With everyone chomping at the bit to get back to “normal,” I thought it would be useful to check in on the five metrics I previously identified as signals

[PULSE] How should we think about foreclosures?

Date: 26 May 2020 / Posted By: admin

[PULSE] How should we think about foreclosures? The current economic collapse raises pressing questions about what lessons we learned from the last one. No two crises are ever the same. Although they have many common elements, which flow directly from an extended plunge in economic activity, they h

Fannie Mae, Freddie Mac launch online resources for consumers

Date: 26 May 2020 / Posted By: admin

Fannie Mae, Freddie Mac launch online resources for consumers Fannie Mae has launched a new initiative to help homeowners and renters who have been impacted by the COVID-19 pandemic. “Here to Help” is available as an online resource for hard-hit homeowners and renters. “Fannie Mae is comm

Sprout Mortgage continues rolling out new non-QM loan offerings

Date: 26 May 2020 / Posted By: admin

Sprout Mortgage continues rolling out new non-QM loan offerings It looks like Sprout Mortgage’s announcement last week that it was unveiling a new jumbo mortgage program was just the first step in a reversal of the lending break the company took in March. Sprout announced Tuesday that it is ro

Cloudvirga expands digital mortgage platform to wholesale lenders

Date: 26 May 2020 / Posted By: admin

Cloudvirga expands digital mortgage platform to wholesale lenders Cloudvirga has announced the expansion of its digital mortgage platform for retail lenders to wholesale lenders and their brokers. According to the Irvine, California-based fintech company, Cloudvirga TPO has been rolled out to ac

Introducing HousingWire’s 2020 Class of Rising Stars

Date: 23 May 2020 / Posted By: admin

Introducing HousingWire’s 2020 Class of Rising Stars This year’s 2020 Class of Rising Stars celebrates 50 young innovators moving the housing industry forward. Coming from all sectors of housing – mortgage, real estate, fintech, servicing and more, these up-and-coming leaders are blazing

Will smaller cities see a boom from the coronavirus?

Date: 22 May 2020 / Posted By: admin

Will smaller cities see a boom from the coronavirus? After the Great Recession, the number of big-city residents boomed. Flush with jobs and thirsting for modern high-rises, young adults and families moved into dense metro areas with amenities at their doorsteps and strips of restaurants blocks

As travel slows down, when will Airbnb owners recover?

Date: 22 May 2020 / Posted By: admin

As travel slows down, when will Airbnb owners recover? As travel has been significantly minimized and less people are renting out Airbnb‘s, it leaves vacation rental owners in a bind, with some paying multiple mortgages. While Airbnb has mended some of its policies to accommodate the exten

Startup profile: Brace

Date: 22 May 2020 / Posted By: admin

Startup profile: Brace Taken from HousingWire Magazine’s May issue, the startup profile on Brace looks at a company that is about to start creating disruptions in the housing space. With its sights set on the servicing industry, Brace recently closed a Series A funding round and is lookin

Appraisal technology reduces risk for appraisers and homebuyers in the midst of COVID-19

Date: 22 May 2020 / Posted By: admin

Appraisal technology reduces risk for appraisers and homebuyers in the midst of COVID-19 As the majority of the housing industry transitioned to working from home due to COVID-19 health concerns, many appraisers remained on the front lines.  The Appraisal Institute and several other organiz