Articles by Caroline Basile

NAHB: Lumber tariffs increasing cost of homebuilding

Costs have increased since tariffs imposed last year
One question the homebuilding industry is faced with, especially while housing inventory remains low, is why hasn’t there been a larger response from the homebuilding industry to add more homes to the market? According to the NAHB's chief economist, one of those reasons is the rising cost of lumber.
Read More

These are the 5 issues impacting real estate right now

And the 5 issues to look out for in the future
The Counselors of Real Estate, an advisory organization that monitors real estate, released its latest report detailing the top 10 issues affecting the real estate industry. This year, the organization divided its annual list to focus on five issues currently impacting the industry and five issues to watch for potential long-term impact over the next three to seven years.
Read More

HousingWire named exclusive media partner of The Mortgage Collaborative

New partnership sees HW team up with industry association
HousingWire has been named the exclusive media partner for mortgage lending association The Mortgage Collaborative. “HousingWire is thrilled The Mortgage Collaborative looked to us to be their partner in providing media and marketing expertise and opportunities to their members,” said Jennifer Watson Laws, HousingWire’s national sales director.
Read More

In the Winner's Circle with Mat Ishbia of UWM: We're going to hire thousands more people

Ishbia: "100% of our focus is on mortgage brokers."
In this episode of In The Winner's Circle, HousingWire Editor-in-Chief Jacob Gaffney sits down with Mat Ishbia, CEO of United Wholesale Mortgage. In a fast-paced and energetic discussion, Mat explains why "100% of our focus is on mortgage brokers," what is next for the company, and the VA lending headache some lenders are experiencing. Click here to listen.
Read More

Opendoor expands home trade-in program to all builders

Company launches Homebuilder Program beyond its pilot
Opendoor, an online marketplace that buys homes directly from homeowners, announced this week it has expanded its Homebuilder Program beyond its pilot and is now available to all homebuilders. Homeowners using the program can sell their existing home to Opendoor and be connected with a homebuilder that will build them a new home, all in one transaction.  
Read More

TRK Connection names Jeremy Burcham to lead sales

Will serve as executive vice president of sales
Mortgage quality control and origination management solutions provider TRK Connection announced this week that Jeremy Burcham joined the company as executive vice president of sales. Burcham comes to the company from The Compliance Group.
Read More

2018 economic growth to hold steady, despite rising interest rates

Economists predict two more rate hikes
Fannie Mae’s newest report from its Economic & Strategic Research Group indicates that this year’s economic outlook isn’t going to change much. The report shows that 2018’s growth prediction remains unchanged at 2.7% and the year will see two more interest rate hikes from the Federal Reserve. But, things don’t look quite as rosy for 2019... why?
Read More