Investors bought record share of homes in first quarter

Date: 28 Jun 2022 / Posted By: admin

Investors bought record share of homes in first quarter The number of homes purchased by real estate investors in the first quarter declined from both the fourth and third quarter, according to a Redfin report. Still, investors bought up a larger share of homes than ever before. Read on for mo

James Cooper to be permanent president of CSBS

Date: 27 Jun 2022 / Posted By: admin

James Cooper to be permanent president of CSBS The Conference of State Bank Supervisors (CSBS) Monday announced James Cooper will be its permanent president and CEO. Cooper stepped into the role of acting president and CEO of CSBS in mid-May after John Ryan, longtime CEO of the trade association, d

Winners and losers of this volatile housing market

Date: 27 Jun 2022 / Posted By: admin

Winners and losers of this volatile housing market The last two years have been good to Christian Dicker.  Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. It didn’t matter where he wa

MBA, HPC urge VA to extend partial claim program

Date: 27 Jun 2022 / Posted By: admin

MBA, HPC urge VA to extend partial claim program The Mortgage Bankers Association and the Housing Policy Council sent a letter to the Department of Veterans Affairs urging the department to delay the expiration of its COVID-19 assistance partial claim program. If it doesn’t heed the letter, t

Mortgage delinquency rate falls to historic low

Date: 27 Jun 2022 / Posted By: admin

Mortgage delinquency rate falls to historic low The national mortgage delinquency dropped to an all-time low in May, continuing two consecutive months of a decline since March.  The overall delinquency rate slightly dropped five basis points from April to 2.75% in May, according to Black Kn

PropLogix general counsel recognized as top in region

Date: 27 Jun 2022 / Posted By: admin

PropLogix general counsel recognized as top in region PropLogix’s general counsel was recognized by the Tampa Bay Business Journal as among the top general counsels in the Tampa Bay region for 2022. Source: thetitlereport.com

Fannie Mae is out with 7th CAS offering

Date: 27 Jun 2022 / Posted By: admin

Fannie Mae is out with 7th CAS offering Less than a month after announcing its sixth Connecticut Avenue Series (CAS) credit-risk transfer deal of 2022, Fannie Mae is unveiling its seventh CAS transaction of the year — an $866 million note offering backed by a reference pool of single-f

Mid America Mortgage rebrands to Click n’ Close

Date: 27 Jun 2022 / Posted By: admin

Mid America Mortgage rebrands to Click n’ Close Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations.  Click n’ Close will retain retail operations rela

New home sales beats estimates, but what does it mean?

Date: 24 Jun 2022 / Posted By: admin

New home sales beats estimates, but what does it mean? New home sales beat the headline estimates and had positive revisions. How on earth did that happen? Not only that, the monthly supply data was revised lower from nine months to 8.3 months for the previous report. Let me tell you, we h

The far-reaching impact of “The House that SHE Built”

Date: 24 Jun 2022 / Posted By: admin

The far-reaching impact of “The House that SHE Built” In 2018, Kristin Smith was tasked with starting the first-ever Utah Professional Women in Building group. In 2021, HousingWire featured a kudos on them, and now, almost a year later, we sat down with Terri Everhart, 2022 NAHB Professional Wo