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.

Zillow analyst on whether home prices can keep climbing

Today’s episode of HousingWire Daily features an interview with Nicole Bachaud, as she discusses annual and monthly home price appreciation growth, rising inventory levels and rent prices.

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.

Politics & Money

IMF says U.S.-China trade war is a drag on global economy

2019 will see the weakest GDP since 2008, IMF forecast says

The International Monetary Fund said global economic growth this year will be the weakest pace since the 2008 financial crisis as the U.S-China trade war and Brexit weigh on the world’s economies.

“Higher tariffs and prolonged uncertainty surrounding trade policy have dented investment and demand for capital goods,” IMF chief economist Gita Gopinath said in the forecast released Tuesday.

The forecast for next year shows an improvement in global GDP, but a worsening for the U.S. economy. The global economy probably will expand 3.4% in 2020, up from 3% in 2019, the IMF said. But U.S. GDP probably will grow 2.1%, down from 2.4% this year.

“Global growth in 2020 is projected to improve modestly,” the report said. “However, unlike the synchronized slowdown, this recovery is not broad-based and is precarious.”

The winners next year include Germany, which will see its economy grow at a 1.2% pace, up from 0.5% this year. Canada’s GDP probably will expand at a 1.8% pace, up from 1.5% this year. And Russia’s GDP will probably grow 1.9% in 2020, up from a 1.1% pace in 2019.

Other 2020 gainers include Mexico, which will probably see an expansion of 1.3%, up from this year’s 0.4% pace, and India, which likely will grow 7% from 6.1% this year, the report said. China probably will see its GDP grow at a 5.8% pace in 2020, down from 6.1% this year, the IMF said.

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