Top markets for affordable renovated housing inventory

Despite the rapidly deteriorating affordability, there is some hope for homebuyers in the form of renovated homes: properties that have been rehabbed into move-in ready condition after being purchased at auction.

HousingWire Magazine: December 2021/ January 2022

AS WE ENTER A NEW YEAR, let’s look at some of the events that we can look forward to in 2022. But what about what’s next for the housing industry?

Back to the Future of Mortgage Lending

This webinar will be a discussion on understanding what’s to come in the future of mortgage lending by analyzing past trends in the industry, evolving consumer behaviors and demographics of the industry’s production capacity.

Logan Mohtashami on Omicron and pending home sales

In this episode of HousingWire Daily, Logan Mohtashami discusses how the new COVID variant, Omicron, will impact inflation and whether or not it will send mortgage rates lower.

Awards

2020 HW Insider: Ken Burke

Freddie Mac Vice President of Servicing Operations

Ken Burke

As the vice president of servicing operations at Freddie Mac, Ken Burke is able to use his role to take a bold vision, create a smart strategy and make it a successful reality.

Based on client feedback, Burke challenged his team to remove client pain points in the real estate owned space. In 2019, he led “REO Reimagined” through delivery, relieving servicers of most post-foreclosure responsibilities for REO properties by outsourcing these responsibilities to a third party. Client feedback was overwhelmingly positive. In late 2019, Burke partnered with technology and change management teams to champion a new platform called Servicing Gateway. This impacted 7,600 external users and all of Freddie Mac’s nearly 1,200 servicers. Burke works tirelessly to automate manual processes. One initiative reduced turn times by over 30 days and led to about 80% less field entry. Data quality improved as a result. Burke has also been leading operational strategy for two critical initiatives that will transform key functions of servicing.

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Digital mortgage lender Better.com is laying off 9% of its workforce ahead of a $750 million cash injection from financial backer SoftBank Group.

Dec 01, 2021 By

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What Omicron, bond market and jobs mean for housing

We often have two to three job reports per year that miss estimates badly. However, remember that we have over 10 million job openings.

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3d rendering of a row of luxury townhouses along a street

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