Housing boomed in 2017. The numbers were the best in 10 years. If you’re only looking at single-family construction. The bigger picture might not be so rosy in 2018?
Read More »Housing Market Gets a Vote of Confidence from Builders
Despite a slight drop in confidence due to rising building material costs and labor shortage, builders remain optimistic about the year ahead.
Read More »Are Housing Databases Overshadowing Agents?
A recent article notes concerns from housing professionals that major commercial websites could be causing real estate agents to become obsolete.
Read More »American Mortgage Diversity Council Welcomes New Members
The American Mortgage Diversity Council (AMDC), an organization focused on shaping the diversity agenda while advancing solutions that support a broad range of diversity initiatives, recently announced the addition of two new members to the council, Mercer Belanger, and Cyprexx. ...
Read More »HUD: Carson Delivers Oath of Office to Four New Leaders
The U.S. Department of Housing and Urban Development (HUD) has four new top leaders who are taking on key roles in the agency at the start of 2018 and during a critical recovery period following last year’s devastating hurricanes. HUD ...
Read More »Mortgage Capital Trading Announces New Leadership
Mortgage Capital Trading, Inc. (MCT), a San Diego, California-based mortgage hedge advisory and secondary marketing software firm, announced that Ian Miller has joined the company as Chief Marketing Officer (CMO). In this newly created position, he is responsible for ensuring that MCT’s marketing strategy effectively supports the ...
Read More »CitiMortgage Announces New Digital Origination Platforms
CitiMortgage, a New York-based global bank, has announced it has entered into dual agreements to integrate its full suite of U.S. mortgage products into a single digital platform for its clients. According to the release, a new front-end digital ...
Read More »What’s the Price? More Than We Ask, Say Homesellers
One in four homes in the U.S. sold above their asking price in 2017 according to a report. As home prices rose, nationwide, buyers paid more than the list price on 24.1 percent homes.
Read More »Freddie Mac Expands Credit Risk Transfer Program
Freddie Mac recently announced the expansion of its Agency Credit Insurance Structure (ACIS) program with ACIS Forward Risk Mitigation (AFRM), a front end credit risk transfer offering. This latest credit risk transfer (CRT) offering enables Freddie Mac to transfer mortgage credit ...
Read More »Diving Into New Mortgage Data
On Monday, the most recent findings on the mortgage market were released—reporting an analysis of the equity extraction methods, underwater borrowers, and more.
Read More »