Brena Swanson

Brena Swanson

Brena Swanson is the Digital Reporter for HousingWire.com, providing expert coverage on Millennials, lending and housing. Brena joined the HousingWire news team in February 2013, also serving in the roles of Reporter and Content Specialist. Brena graduated from Evangel University in Springfield, Missouri. Follow Brena on twitter at @BrenaSwanson.

ARTICLES

OwnAmerica CEO: What the single-family rental market looks like under Trump Administration

What can Ben Carson do for housing?
The housing market thrives on optimism, which is what the market is getting so far under President-elect Donald Trump, at least that’s what OwnAmerica CEO Greg Rand said. Taking into account that Ben Carson is now slated to lead HUD, rand explains what positive areas he sees ahead for housing.
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[infographic] A snapshot of today’s first-time homebuyer

MGIC: 7 essential facts
The data is in for the newest profile of this year’s first-time homebuyer. MGIC pulled out these seven handy facts and created a shareable infographic to describe top traits of the homebuyer group. Sneak peak: Do you know the average age of a first-time homebuyer is? It's 32 years old.
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Here are the 25 cities with the biggest rent hikes

Looking to become a single-family investor?
There’s still plenty of opportunity in the single-family rental market as steadily rising home prices keep profits up. The top places to invest in America, however, are always fluctuating, with this quarter’s top 25 list showing a notable departure from the past several quarters. Say goodbye to the Sunshine State.
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Tips on how to know if a HELOC is right for you

Home prices on the rise
Increasing home prices are old news, meaning more borrowers are starting to consider getting a home equity line of credit. For those borrowers debating if a HELOC is right for them, here are some suggestions on what to expect going into the process.
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National Credit Union Administration sued over updated membership rule

The role of credit unions called into question by ABA
Not more than a day after the National Credit Union Administration published its Field of Membership final rule in the Federal Register, the American Bankers Association filed a lawsuit. To the trade group, the final rule steps away from the intended purpose of credit unions to serve only a single, well-defined local community.
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Independent mortgage bank profits slowly trudge higher

Profits hampered by MSRs
While the increase isn’t as significant as last quarter’s rise, independent mortgage banks and mortgage subsidiaries of chartered banks still recorded a net gain on each loan they originated in the third quarter of 2016. It might not be extreme, but here are all the changes in mortgage banker profit in the 3Q.
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CFPB fines three reverse mortgage lenders over deceptive advertising

To pay a total of nearly $790,000
American Advisors Group, Reverse Mortgage Solutions and Aegean Financial are the latest names to face the wrath of the Consumer Financial Protection Bureau due to deceptive advertisements in reverse mortgage lending. “These companies tricked consumers into believing they could not lose their homes with a reverse mortgage,” said CFPB Director Richard Cordray.
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QUIZ: How well do you know the past HUD secretaries?

I didn’t go easy on you!
President-elect Donald Trump's selection of Ben Carson as secretary of the Department of Housing and Urban Development brought national attention to a department that’s long been in the shadows. But before you go speculating about the future of HUD, why don’t you give this quiz I made on the history of HUD secretaries a shot? And I didn’t go easy on y’all, so good luck!
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