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.

Politics & Money

Why the housing market might dodge the recession

Real estate couldn’t perform its traditional rescue role last time because it was on life support

Ask any economist if you can shut down the country during a pandemic and still manage to avoid an economic contraction.

The answer is no. The American economy depends on consumer spending, which accounts for about 70% of GDP. While panicked consumers have been stocking up on toilet paper and counter wipes, spending has plummeted at other places like retail malls, restaurants and anything related to travel.

GDP growth likely will be zero in the current quarter and contract 5% in the second quarter, Goldman Sachs economists said on Sunday. That probably will be followed by a jump of 3% in the third quarter and 4% in the final three months of the year as pent-up demand drives business activity, the forecast said.

“The uncertainty around all of these numbers is much greater than normal,” said the group, led by Goldman’s Chief Economist Jan Hatzius.

But that doesn’t mean the housing and mortgage industries will suffer the same fate as the travel industry.

The most important thing to keep in mind when evaluating how those sectors might fare in a recession is: Don’t go by what happened last time.

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