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.

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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.

Black Homeownership

NAREB issues call to action removing barriers to black homeownership

NAREB president Donnell Williams takes on lending discrimination

The National Association of Real Estate Brokers President Donnell Williams released a statement Wednesday in response to the national civil unrest America is currently facing.

NAREB chose to take an economic perspective in regard to black Americans battling COVID-19, racial injustice, discrimination, prejudice and inequality. To aid in the ongoing fight, Williams encouraged voting, completing the census and a proposed amendment of the Department of Housing and Urban Development’s Section 184, which provides low-interest mortgage loans to other minority groups but currently does not include black Americans.

“It’s a new day. If nothing else, the year 2020 has shown us that business as usual is over and some rules were made to be broken,” Williams said. “The National Association of Real Estate Brokers pivots to embrace these changes as we continue to work to have a positive impact upon black lives across the country.”

NAREB called for the elimination of obstructive systemic barriers that hinder or preclude the increase of black homeownership, including “lending discrimination and the despair fueled by racial discrimination that obstructs black homeownership.”

NAREB’s issued a call to action, which included:

  • Call for passage of the Heroes Act  
  • Call for all 50 states to pass and update fair housing laws
  • Call for cities to reform foreclosure prevention laws
  • Call to eliminate zip code-based insurance rates
  • Call for Federal Housing Finance Agency (FHFA) and the Federal Housing Administration (FHA) to eliminate Loan Level Price Adjustments (LLPA)
  • Call for more investment in black-owned banks, CDFIs, and credit unions
  • Call for more technical assistance to increase commercial real estate, property management and real estate investment.
  • Call to increase funding to create more career and business opportunities for black Americans in commercial, etc.

“This is a historic time,” Williams said. “A new birth is taking place. In the future, you will be asked ‘What’d you do?'”

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