With the recent implosion of FTX, we need to focus on the truths about IMBs versus crypto, fintechs and new nonbanks in the market.
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This week’s HW+ member spotlight features Ben Bernstein as he shares why it’s an interesting time to be tracking the housing market and all of the ancillary markets that are impacted by it.
This week, HousingWire’s Editor in Chief Sarah Wheeler interviews Michael Bright, CEO of the Structured Finance Association. In this episode, Bright discusses findings in the 2020 SFA Annual Report as well as what’s ahead for the market this year in relation to LIBOR, ESG initiatives and GSE reform. Here is a small preview of the […]
A former MBS trader at Bear Stearns and JPMorgan Chase, Perry Rahbar had a front-row seat to the market’s collapse and recovery, and he is now building dv01 to help prevent the next great recession.
On the November ballot, you won’t find the names of Fannie Mae and Freddie Mac, the two companies that back about half the outstanding mortgages in the U.S. But the outcome of this year’s presidential election could decide their fates.
HousingWire spoke to Citadel Servicing Corp. leadership about the company’s return to origination and plans to continue serving the non-QM market.
Nearly 40% of economic experts believe a recession will begin in 2020, while 25% anticipate one starting in 2021, according to Realtor.com. But, “don’t panic,” the website advises. “This is going to be a much shorter recession than the last one,” said George Ratiu, Realtor.com’s senior economist. “I don’t think the next recession will be a repeat of 2008.”
The homeownership rate for black Americans fell to 40.6% in the three months through June, the lowest level in the Census Bureau’s quarterly data going back to 1994, according to a government report on Thursday. It was the smallest share recorded for black households since the 1950 decennial Census when it was 34.5%.
Just being in one room with more than 300 marketers was inspiring — the number of selfies, flash briefings, podcasts and videos being created at any given time was unlike anything I had ever seen. Even more impressive was the generous spirit that had marketers sharing their best strategies with each other in this very competitive market.
Altisource, a leading mortgage services provider, offers a suite of products, services and solutions that streamlines the HELOC process, including valuation, title, settlement, tax, end-to-end loan fulfillment, loan certification and insurance — all from a single provider.
As the size and composition of distressed portfolios change, maintaining compliant processes and systems, as well as a trained staff of experts, creates an increasingly difficult challenge for servicers. Instead, mortgage servicers are turning to a partner with the technology and experience to tailor client-specific strategies and engagements for ongoing success.
According to a Bloomberg report, U.S. regulators secretly stunted the growth of JPMorgan for almost six years, placing growth restrictions on the company for violating banking regs. Plus, would you want to know if the house you’re buying is haunted?