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.

A real estate professor weighs in on the future of MLSs

According to research done by Sonia Gilbukh, a real estate professor at Baruch College, there are some reasons to be concerned about the current number of real estate agents and the future of MLSs.

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.

InvestmentsReal Estate

Churches are taking on the affordable housing crisis

Houses of faith are turning unused buildings and land into affordable housing projects

Churches are taking a position on the frontlines of the affordable housing crisis, using their land to create new affordable housing developments.

According to a report from the World Economic Forum and The Reuters Foundation, churches around Washington, D.C., have begun to cobble together a new source of affordable housing supply using their land to stave off the affordable housing crisis.

Churches are usually centrally located with ample parking, which means they are prime candidates for redevelopment as affordable housing projects.

The success of some of these projects has begun to catch the eye of others looking for solutions to the affordability crisis, and according to the report, housing authorities in New York City, Los Angeles, Chicago, Detroit, Denver, Atlanta and Miami have expressed interest in replicating the model in their metros.

"There's so much land owned by houses of worship anywhere you go in the country," David Bowers of Enterprise Community Partners, a nonprofit focused on housing solutions, told World Economic Forum.

"If we could make the transfer rate 10% or 5%, that would be so much land that would suddenly become available for housing," Bowers added.

As church attendance has dwindled and the affordability crisis has become more severe, turning church land into affordable has proven to help keep churches alive and house people in desperate need of an affordable home.

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Existing home sales pop the 2021 housing bubble boys

So far this year, every existing home sales print has been higher in 2021 than the closing level of sales in 2020, which was 5,640,000. Even with the unhealthy home price gains that we have seen in the last two years, more Americans have bought homes with mortgages in 2020 and 2021 than any single year from 2008-2019, and this looks perfectly normal with our current demographics. HW+ Premium Content

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

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