Live News

RSS HousingWire
  • Sixth recession red flag raised, despite strong jobs report August 5, 2022
    On the same day, the BLS revealed that we've recovered all the jobs lost to COVID-19 and I am raising my sixth recession red flag. The post Sixth recession red flag raised, despite strong jobs report appeared first on HousingWire.
  • Banking agencies get deluge of feedback on CRA proposal August 5, 2022
    Stakeholders on all sides of the issues sounded off on the proposed changes to the federal redlining statute in comments to the banking agencies marshaling the changes. HousingWire breaks down who said what. The post Banking agencies get deluge of feedback on CRA proposal appeared first on HousingWire.
  • Why is now the time for lenders to modernize their appraisal processes August 5, 2022
    HousingWire recently spoke with Erin Reen, Vice president of originations, valuations and operations at ServiceLink about approaching appraisal modernization in an innovative way while addressing logistical challenges along the way.  The post Why is now the time for lenders to modernize their appraisal processes appeared first on HousingWire.
  • Guild still eyeing acquisitions as profits falter in Q2 2022 August 5, 2022
    Guild Mortgage’s second-quarter earnings suggest that a high share of purchase loans won't necessarily be enough to protect lenders from the most challenging and volatile mortgage market in years. They'll have to cut costs and grab opportunities as they emerge. The post Guild still eyeing acquisitions as profits falter in Q2 2022 appeared first on HousingWire.
  • US employment back at pre-pandemic level August 5, 2022
    Amid fears and talk of a recession, job growth in the U.S. remained strong in July, with nonfarm payroll employment rising by 528,000 jobs from the month prior, according to data released Friday. The post US employment back at pre-pandemic level appeared first on HousingWire.
  • Opinion: The not-so-surprising resurgence of home equity lending August 5, 2022
    We may be at the beginning of a long-term shift in consumer demand with appetite for HELOCs rising to levels not seen since before the 2008 financial crisis.  The post Opinion: The not-so-surprising resurgence of home equity lending appeared first on HousingWire.
  • Act now to get your room for HW Annual Oct. 3-5 in Scottsdale August 5, 2022
    Hurry up and register for HW Annual! Attendees who register soon can still find a spot in the HW Annual hotel block for exclusive room rates. The post Act now to get your room for HW Annual Oct. 3-5 in Scottsdale appeared first on HousingWire.
  • Rocket’s earnings plummet, but its liquidity remains solid August 5, 2022
    Rocket Companies boosted its liquidity significantly shortly after the end of the second quarter by adding a $1 billion credit facility secured by agency mortgage-servicing rights (MSRs), a recent filing with the SEC shows. The post Rocket’s earnings plummet, but its liquidity remains solid appeared first on HousingWire.
  • Finance of America eliminates big chunk of workforce as losses mount August 5, 2022
    Finance of America posted steep losses in the second quarter and has pledged to eliminate a significant percentage of its workforce to contain the financial fallout. The post Finance of America eliminates big chunk of workforce as losses mount appeared first on HousingWire.
  • Unpacking the top housing regulations to watch at HW Annual on Oct. 4 August 4, 2022
    To help bring you the latest housing regulations and government updates that you need to be aware of, we're excited to include the Regulatory Super Session at HousingWire Annual on Oct. 4. The post Unpacking the top housing regulations to watch at HW Annual on Oct. 4 appeared first on HousingWire.