Live News

HousingWire

• Uniformity will be critical to RON adoption October 21, 2020
  As the mortgage industry moves toward increasing adoption of remote online notarization, a panel of experts at the Mortgage Bankers Association Annual conference said uniformity will be key. The post Uniformity will be critical to RON adoption appeared first on HousingWire.
• Ahead of its IPO, Caliber gives its private equity owner $300M in cash October 21, 2020
  Lone Star Funds' residential mortgage lender Caliber Home Loans hopes to raise up to $538 million at its highly anticipated public debut next week, according to documents filed with the Securities and Exchanges Commission on Wednesday. The post Ahead of its IPO, Caliber gives its private equity owner $300M in cash appeared first on HousingWire.
• Gathering around the table: How one title company pledges to support local community October 21, 2020
  Tucked right into the end of the home-buying process is the unique opportunity for title companies to connect with borrowers on how they can give back to the community together. The post Gathering around the table: How one title company pledges to support local community appeared first on HousingWire.
• The CFPB missed a chance to fix the QM rule October 21, 2020
  A proposal in June by the CFPB to replace the 43% DTI limit with a rate-based definition of a qualified mortgage still misses the mark by a country mile. A far more accurate measure of a borrower’s ability to repay their mortgage would be to target the most risk-layered loans in the market as unqualified […]
• The housing market faced uncertainty in March, but now ‘it’s a circus’ October 21, 2020
  The housing market faced a lot of uncertainty when COVID-19 caused the real estate industry to pause under shut-downs, but low interest rates and the desire for more space has turned this year into a boom time for real estate agents. The post The housing market faced uncertainty in March, but now ‘it’s a circus’ […]
• In a bid for stability, FHFA and FHA extend forbearance policies October 21, 2020
  The FHFA announced an extension of the GSE's ability to buy loans in forbearance following the FHA's extension date for initial forbearance requests. The post In a bid for stability, FHFA and FHA extend forbearance policies appeared first on HousingWire.
• AmeriHome could be valued at $1.3B following IPO October 21, 2020
  Lender and servicer AmeriHome on Wednesday laid out the terms of its upcoming initial public offering. The company plans to raise roughly $250 million by offering over 14.7 million shares priced between $16 and $18, according to the amended S-1. The post AmeriHome could be valued at $1.3B following IPO appeared first on HousingWire.
• MBA forecast for 2021: Prepare for rising mortgage rates October 21, 2020
  At its Annual event Wednesday, Mortgage Bankers Association Chief Economist Mike Fratantoni forecast that interest rates could see a rise in the year to come, but that they will remain near all-time lows. The post MBA forecast for 2021: Prepare for rising mortgage rates appeared first on HousingWire.
• This AVM refreshes data daily to reflect real-time market changes October 21, 2020
  HousingWire CEO Clayton Collins and Howard Botts, executive & chief scientist, Science & Analytics for CoreLogic, discuss CoreLogic's new AVM. The post This AVM refreshes data daily to reflect real-time market changes appeared first on HousingWire.
• People everywhere are being priced out of housing – But together, we can make it more affordable October 21, 2020
  The issue of housing affordability has no one solution, but with collaboration across the entire housing industry, together we can create more opportunity for more people to achieve sustainable, long-term homeownership. The post People everywhere are being priced out of housing – But together, we can make it more affordable appeared first on HousingWire.