HW+ provides career-making insights and analysis for those in Mortgage, Real Estate and FinTech. This long-form digital content provides members with news nowhere else and digs deeper into the “why” behind the daily news cycle. To join the HW+ community, click here.
Why aren’t there more new homes for sale?
In a country of more than 335 million people, we still only have 76,000 new homes available for sale as we head into December.
New home sales disappoint in October, prices fall
New home sales fell on a month-over-month basis in October, but continue to outpace last year’s levels.
What will lower mortgage rates do to spring housing inventory?
Lower mortgage rates tend to take housing supply off the market and demand has been picking up lately as rates have fallen.
Have lower mortgage rates already boosted housing demand?
Did the recent move lower in mortgage rates turn the housing market positive? Lead Analyst Logan Mohtashami takes a look at the data.
Movement sues Summit, former veteran sales executives for poaching
The transition of three sales executives from Movement Mortgage to competitor Summit Funding in July led to a legal battle over poaching.
Better delivers $340M loss in Q3, plans to keep trimming expenses
Better Home & Finance Holding, the parent of digital lender Better.com, recorded $340 million in losses in Q3 2023. It expects to originate $500M in mortgages in Q4.
New home sales disappoint in October, prices fall
New home sales fell on a month-over-month basis in October, but continue to outpace last year’s levels.
Fannie Mae on Q4: Existing home sales will be lowest since 2010
Fannie Mae expects Q4 seasonally adjusted existing home sales to be 3.9 million on an annualized basis – the lowest since Q3 2010.
Have we finally hit the bottom in existing home sales?
Has the epic crash in existing home sales finally found a workable bottom to rise from? The 10-year yield will be our guide.
Title insurance premium volume dropped 37% in Q2 2023
ALTA reports a 37% annual decline in title premium volume during Q2 2023 due to high mortgage rates and low housing inventory.
Fannie Mae scraps title waiver pilot program
Fannie Mae will not submit plans for a title waiver pilot program to the FHFA as part of its Equitable Housing Finance Plan.
Title insurer Doma unveils new business model
As part of a strategy pivot, top 10 title underwriter Doma announced it would license its instant underwriting software to other firms.
NAMB supports new proposed regulations for AVMs
NAMB announced its support of proposed AVM regulations announced by federal agencies and the White House in June.
Fannie Mae approves six vendors for controversial new valuation initiative
Fannie Mae has approved six firms to handle its new valuation initiative, which represents potentially the biggest shift in the valuation space in years.
Fannie Mae: Appraisals are no longer the default option
Fannie Mae updated its Selling Guide with more options for property valuations, “moving away from implying that an appraisal is a default requirement.”
