HW+ provides career-making insights and analysis for those in Mortgage, Real Estate and FinTech. This long-form digital content provides members with news nowhere else and digs deeper into the “why” behind the daily news cycle. To join the HW+ community, click here.
Bill White Jr. returns to Baird & Warner as VP of broker relations
In his new role, White will act as the primary liaison between real estate agents, attorneys and loan officers.
Mortgage rates are still a concern, but LOs gear up for busy days ahead
August is generally a slower time for business in the mortgage industry and this year is no different, LOs told HousingWire. But with mortgage rates trending down to the mid-6% levels — and expectations of further declines ahead — originators are gearing up for busier days ahead.
Disadvantaged buyers are turning to piggyback loans. Should investors be worried?
Piggyback mortgages — those involving a first and second lien at origination — are on the rise among first-time and low- to moderate-income borrowers who face affordability challenges.
Mortgage execs on alert mode for lower rates — and their side effects
Mortgage industry executives are on alert amid the global stock-market meltdown caused by fears that the Federal Reserve may have kept the federal funds rate too high for too long, which could bring the U.S. economy into recession.
HW+ Member Spotlight: Budge Huskey
This week’s HW+ member spotlight features Budge Huskey, president and CEO at Premier Sotheby’s International Realty, as he discusses inventory shortages and real estate commissions.
Winners and losers in this volatile housing market
Any market that pushes some businesses to the brink of insolvency also will create opportunities for others. Through numerous interviews with industry players, HousingWire assessed the rapidly changing housing market to determine who remains vulnerable to the higher-rate environment, and who’s primed to capitalize in the months ahead.
A record year for real estate brokerage firms
“Perhaps the biggest news of all is that 10-year-old, self-proclaimed real estate technology brokerage Compass snuck past Realogy Brokerage Group to take the No. 1 spot by sales volume,” RealTrends Editorial Director Tracey Velt said in this magazine feature.