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.

Fannie Mae official questions purpose of AMCs

A Fannie Mae official Monday questioned the role of appraisal management companies, or “AMCs,” in evaluating houses.

Atlantic Bay Mortgage’s Chrissy Zotzmann Brown on secrets to success

Today, HousingWire Daily is joined by Atlantic Bay Mortgage Group’s Chrissy Zotzmann Brown for the Women of Influence podcast miniseries.

Why today’s housing market makes speed and agility crucial for lenders

In light of the state of the housing market, HousingWire sat down with Nomis Solutions CEO Frank Rohde to discuss why agility, speed and a better customer experience are more important than ever.

Real Estate

Can the spring housing market be saved?

America is hunkered down just as the housing market enters its biggest selling season

spring housing market

The worst global pandemic in more than a century has put more than three-quarters of U.S. residents under “Stay at Home” orders. In many states, these orders have made real estate showings and other non-essential activity illegal.

So, what is COVID-19 going to do to the housing market’s spring selling season? That’s the March through June period when more than half of all U.S. home sales typically occur, as families with kids try to move before the start of the new school year in September.

Look for the peak of the housing market’s annual cycle to be delayed, not canceled, according to Lawrence Yun, chief economist of the National Association of Realtors.

A few more kids than usual might be switching schools midstream this year, as families search for homes in the summer and schedule the moving vans for the fall, but those deals likely will still happen, he said.

“We are in uncertain times, but I do think that people who are staying at home right now, once the all-clear signal is given, will be going back into the market,” Yun said in an interview.

While there’s no good time for a pandemic, this one comes after months of a record housing inventory shortage – meaning, a lack of available properties on the market. That’s created a level of pent-up demand that pushed February home sales to 5.77 million at an annual pace, a 13-year high.

The rest of this content is for HW+ members. Join today with a HW+ Membership! Already a member? log in

Latest Articles

Can real estate brokerages survive without mortgage?

Real estate brokerages can survive, but only if they seriously invest in mortgage. So said members of a panel Tuesday on the evolution of the real estate brokerage during HousingWire Annual in Frisco, Texas. HW+ Premium Content

Sep 28, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please