NEXT Voices
Pivotal Moments
Video conversations unveiling the life- and career-changing moments of industry luminaries.
Founder of Mortgage Champions; President & CEO at Vermillion Consulting
President and COO of FinLocker
Co-founder, CEO and chief ROI booster at Sales Boomerang
President at Lennar Mortgage
EVP at Guaranteed Rate
EXEC SPOTLIGHT
Rate FOMO may trigger home shoppers to buy
The near certainty that interest rates, combined with increased home buying power, will likely to send more buyers into the market, according to First American. “The fear of missing out, or 'FOMO,' on low rates and the potential...
Deephaven rolls out “highly flexible” jumbo product to $3M
Deephaven Mortgage has rolled out a new jumbo-prime loan product that the company says will help mortgage bankers and brokers compete for high-net-worth borrowers whose needs exceed 2022 conforming loan limits…
New partnership offers appraiser training on remote inspections
Incenter Appraisal Management and McKissock Learning are partnering to help appraisers update their remote inspection skills in response to announcements by Fannie Mae and Freddie Mac that they will…
Homebuyers, sellers & agents say bubble; Redfin says different
Despite the fact that more than three-quarters (77%) of surveyed homebuyers and sellers believe there’s a housing price bubble in the area where they live, and 44% of real estate agents believe there’s a housing bubble…
Serious delinquencies reach 2X pre-pandemic rates
The national delinquency rate was at 3.38% at the end of 2021. That’s just 0.1% above February 2020’s near-record-low of 3.28%, according to Black Knight’s December 2021 month-end mortgage performance…
KKR acquires Merchants Mortgage Trust
KKR, a global investment firm, has acquired Merchants Mortgage Trust & Corporation, LLC, a real estate lending platform specializing in short-term mortgage products for experienced individual residential…
Pandemic-related housing risk concentrated in NYC, Chicago & California
New Jersey, Illinois and parts of California have the highest number of county-level housing markets that are vulnerable to the economic impact of the Covid pandemic. New Jersey, Illinois and California had 31 of…
Better’s Garg returns as CEO
The latest report from Fannie Mae’s Economic and Strategic Research (ESR) Group suggests that 2022 will see the unprecedented market disturbances and policy responses stemming from the COVID-19 pandemic subside…
Inventory down 40% from pre-COVID levels
After slipping in November, home inventory plunged in December, dropping 11.1% in a month to a new record low of about 923,000 homes. Buyers shopping in December had 19.5% fewer homes to choose from than…
2022 market starts off hotter than 2021
New listings fell 12% year over year, sending the total number of homes for sale down 29% to a new all-time low during the four weeks ending January 16, according to a new report from Redfin…
Fannie Mae predicts a “new normal” for 2022
The latest report from Fannie Mae’s Economic and Strategic Research (ESR) Group suggests that 2022 will see the unprecedented market disturbances and policy responses stemming from the COVID-19 pandemic subside…
