HousingWire

• How rookie agents are faring during the pandemic
  Lack of hands-on experience and unprecedented market conditions spurred by the pandemic pose the biggest challenges to new real estate agents. The post How rookie agents are faring during the pandemic appeared first on HousingWire.
• Flagstar to pay $3.6M over flood insurance violations
  The regulator said Flagstar violated the Flood Disaster Protection Act to “make, increase, extend, or renew loans” secured by properties in special flood hazard areas only after obtaining proof of adequate insurance. The post Flagstar to pay $3.6M over flood insurance violations appeared first on HousingWire.
• Court authorizes class action against Carrington over servicing fees
  A federal appeals court ruled on Wednesday that borrowers can pursue a class action lawsuit against Carrington Mortgage Services regarding the fees it applied when collecting payments online or by phone. The post Court authorizes class action against Carrington over servicing fees appeared first on HousingWire.
• The emerging ESG market is a diamond in the rough
  Hidden among all the fears of ESG greenwashing may be a framework for green RMBS, according to some experts working to develop investment standards. The post The emerging ESG market is a diamond in the rough appeared first on HousingWire.
• Purchase mortgage volume projected to clear $2.1T in ’22, ’23
  Freddie Mac expects that home purchase mortgage originations will grow to $2.1 trillion in 2022 from $1.9 trillion in 2021. The GSE expects $2.2 trillion in purchase volume in 2023. The post Purchase mortgage volume projected to clear $2.1T in ’22, ’23 appeared first on HousingWire.
• Coalition pushes big changes to GSE Duty to Serve proposals
  On the heels of the Federal Housing Finance Agency’s rejection of Fannie Mae and Freddie Mac’s Duty to Serve plans, a coalition of housing groups have some ideas for how to beef them up. The post Coalition pushes big changes to GSE Duty to Serve proposals appeared first on HousingWire.
• “I don’t want to say we’re archaic”: Appraisal Institute president vows reform
  Appraisal Institute president Jody Bishop spoke to HousingWire about what he would like to change about the profession, while still advocating for its members. The post “I don’t want to say we’re archaic”: Appraisal Institute president vows reform appeared first on HousingWire.
• Did existing home sales peak in 2021?
  The National Association of Realtors reported that existing home sales for December came in as a miss of estimates at 6.18 million The post Did existing home sales peak in 2021? appeared first on HousingWire.
• Buyers viewed just eight homes before making their purchase
  In 2021, homebuyers who successfully purchased a home viewed a median of only eight properties before completing their transaction, according to NAR. The post Buyers viewed just eight homes before making their purchase appeared first on HousingWire.
• Staying prepared in a changing mortgage market
  Hosted by Mortgage Capital Trading Collateral valuation is a critical component of mortgage lending and the home sales process. During the Interest rates, origination volume and profit margins are constantly shifting based on a variety of factors, and it takes an efficient and intelligent operation to stay on top of it all. Most lenders react, […]