Frustrated buyers in the Bay Area housing market buying ‘second homes’ first
Aug 10, 2022 |
syndicator
Is this the secret to getting into the Bay Area housing market?
Is this the secret to getting into the Bay Area housing market?
René Rodriguez, the author of the best-selling book, “Amplify your Influence: Transform how you Communicate and Lead,” is slated to share his expert insights on leadership and influence during the Vanguard Forum at HW Annual this year. Joining as the keynote speaker for what should be the most powerful room in housing, Rodriguez kicks off […more]
California-based mortgage lender loanDepot is shutting down its wholesale division amid plummeting origination volumes and widening financial losses in the second quarter. The decision to close the channel also reflects fierce competition from its peers in the broker space, primarily from United Wholesale Mortgage (UWM). The announcement on Tuesday came alongside a $223.8 million loss […more]
Black Knight‘s Optimal Blue product, pricing and eligibility (PPE) engine added a location-based pricing feature amid a slowdown in the mortgage market. The functionality expansion will assist investors and lenders in promoting affordable housing in underserved markets, the firm said. The new capability automates the process of collecting census tract data to deliver applicable pricing […more]
Two advisory and brokerage firms active in the mortgage servicing rights (MSR) market recently unveiled three new mortgage servicing offerings for agency loan portfolios valued in total at $4 billion. The new offerings are a sign that MSR trading continues to be healthy, although sources close to market indicate that the dynamics fueling MSR sales […more]
Rachel Luna, principal of Patriot Title Company With over 13,000 followers on Instagram, Rachel Luna, the principal of Texas-based Patriot Title Company, is the self-proclaimed “Texas Title Queen.” Luna has worked her way through the ranks and is now among the most recognizable pros in the title industry. “I have worked every position in the […more]
Having been entitled last month, the supersized plans for a 50-unit development to rise up to 65 feet in height on the shuttered Mission District garage site at 1721 15th Street has now joined the growing list of approved developments across the city for which a buyer is being sought versus positioning to break ground, […more]
Lending standards tightened in July with the mortgage credit availability index (MCAI) dropping 9%, the largest monthly drop since April 2020, according to the Mortgage Bankers Association (MBA). The MCAI fell to 108.8 in July as lenders streamlined their loan offerings in a shrinking mortgage origination environment, said Joel Kan, associate vice president of economic […more]
Vesta Loan Origination System Vesta is the next generation loan origination system (LOS) specifically built to help lenders transform to technology companies. Vesta is building a fault-tolerant & fully audited system of record centered around a customizable task engine that enables business teams to update and automate processes without code, and offers open API’s that […more]
CARE CARE is Sagent’s consumer platform that links a modern, bank-on-your-phone experience for borrowers with seamless human care from servicers. Borrowers can manage payments and escrows, plus monitor home equity, new offers, and tax matters. They can also quickly apply for and resolve forbearances and loan mods during hardships. Product Fast Facts #1 Has a […more]