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?

Mortgage Tech Virtual Demo Day

Tune in to our live Virtual Demo Day on December 1st at 10am CT to experience demos from the most innovative tech companies in the Servicing, Audit and Post-Close space.

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.

Mortgage

Mortgage Bankers Association adds 11 new members in March

Here are the new members

The Mortgage Bankers Association announced that it welcomed 11 new members into its ranks in the month of March. The additions continue the organization’s growth, as the MBA also added 31 new members in January and 16 members in February.

The new members of the MBA are:

  • National Bank of Commerce – Birmingham, AL
  • Low VA Rates – Lindon, UT
  • The Home Lending Group – Jackson, MS
  • Mortgage Float – Wilmington, DE
  • Expedite Financial – San Francisco, CA
  • American Chartered Bank – Chicago, IL
  • MDC Financial Service Group – San Diego, CA
  • Washington Trust Bank – Spokane, WA
  • Toyota Financial Savings Bank – Henderson, NV
  • Blackhawk Bank – Belvidere, IL
  • Terra Capital Partners – New York, NY

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FHFA: Government to back mortgages up to $970,800 in 2022

The FHFA today announced the baseline conforming loan limit for 2022 will be $647,200, an increase of 18%. In high-cost areas, the new ceiling loan limit will be $970,800.

Nov 30, 2021 By

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Zillow: Over half of our iBuying inventory is on the move

Zillow said Thursday that more than 50% of its remaining iBuying inventory “has sold, is under contract to sell or has reached agreement on disposition terms.”

Dec 02, 2021 By
3d rendering of a row of luxury townhouses along a street

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