The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Steve Murray on the importance of protecting property rights

In this episode, Steve Murray, RealTrends advisor and industry stalwart, discusses some of the issues facing private property rights, including how a case in Germany could potentially affect U.S. legislation.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

Real Estate

Fannie Mae: Consumer housing optimism rebounds in April

Americans say now is a good time to buy

Many consumers grew more optimistic about the housing in April, rebounding from March’s dip in confidence, according to the Fannie Mae Home Purchase Sentiment Index.

The index increased 2.2 percentage points in April to 86.7, and five of the six components saw an increase.

Americans who said now is a good time to sell a home was the only component to decrease, dropping five percentage points to 26%, however those who said now is a good time to buy a home increased five percentage points to 35%.

Consumers were also more optimistic about the stability of their jobs, with that component increasing by seven percentage points to 77%. Respondents who reported a household income that’s significantly higher than 12 months ago increased by two percentage points to 13%.

Americans who said mortgage rates will go down over the next 12 months rose by three percentage points to -57% and the share of those who say home prices will increase jumped one percentage point to 45% in April.

“The Home Purchase Sentiment Index returned to its longer-term trend line after reclaiming ground lost last month,” said Doug Duncan, Fannie Mae senior vice president and chief economist. “This is aligned with our market forecast of about 3% sales growth in 2017.”

“Historically strong inflation-adjusted house price gains are tempering consumer sentiment, whereas consumer optimism regarding the ease of getting a mortgage reached a survey high,” Duncan said. “On balance, housing continues on a gradual growth track.”

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