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Study suggests banks are avoiding mortgages in California wildfire zones
The study is awaiting peer review, but it suggests fintech lenders could be taking market share from traditional lenders in riskier areas.
Inflation is almost at 2%. Will that prompt a Fed rate cut?
The Personal Consumption Expenditures price index for April rose 2.1% on an annual basis, closer to the Fed’s target inflation rate of 2%.
New platform aims to ease California down payment burden
The platform gives buyers an upfront “down payment boost” by redirecting a portion of the buyer’s agent commission to the buyer.
The jumbo market is up for grabs (Part II)
In Part II of our two-part series, HousingWire crunched the numbers to reveal which lenders have pulled back or exited the jumbo market, and which nonbank lenders and Wall Street firms are moving into the jumbo space.
The jumbo market’s turning point (Part I)
The jumbo downturn has been painful for bankers. In Part I of our two-part series, we examine the genesis of the market’s decline, why it’s only getting tougher for depositories, and how top coastal jumbo markets have been impacted.
As others struggle, Planet Home Lending is growing origination volume by double digits
In an industry facing headwinds, Planet Home Lending turned to acquisition opportunities in tech, correspondent and retail channels.
Airbnb properties wouldn’t make a dent in housing market
While the real estate market has lots of challenges during the COVID-19 pandemic, a tsunami of houses being sold by Airbnb hosts who can’t pay their mortgages isn’t one of them. HW+ Premium Content
HousingWire Magazine: June 2020
The HousingWire Magazine June issue reveals the 2020 class of Rising Stars, and focuses on today’s homeownership in the U.S.
Will smaller cities see a boom from the coronavirus?
Demographers, Realtors and even companies like Redfin predict that a movement from high-cost-of-living urban cities to more affordable areas – whether suburbs of the same area or smaller metros altogether – will accelerate.