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Mortgage brokers share the blueprint for breaking out of retail
Transitioning from the structure of a retail mortgage company and striking out on your own at an independent brokerage brings its own set of challenges — from selecting a tech stack to navigating unexpected hurdles and figuring out which resources to tap into. Three former retail loan officers shared their reasons for leaving the structure of large lenders to launch independent brokerages.
Relitix rolls out expanded market share tracker
The system allows real estate firms to benchmark their performance against local competitors and monitor top-performing agents.
The many ways real estate brokerages boost agent productivity
Brokerages with the highest agent productivity are doing so in different ways, from referral partnerships to plain old coaching.
Homebuilders are at max capacity. And the housing shortage keeps widening
At around 30% now, the homebuilding industry is likely near the peak level of new-home sales as a share of the entire housing market, according to industry experts who spoke with HousingWire. We explore why that is.
Rithm delivers big profit in Q2, starts mortgage biz spin-off
Rithm Capital executives see surging rates and increasing capital requirements for banks as an opportunity to acquire diversified assets and operational platforms. And a spinoff of its mortgage business is in the works.
Fannie Mae notches $5B in profits in Q2, but still expects a recession
Fannie Mae’s forecast now calls for a 3.9% increase in home prices this year, though a recession is still expected in Q4 or Q1 of 2024.
New Jersey’s housing market struggles under extended health emergency order
On May 7, New Jersey Governor Phil Murphy extended his state’s public health emergency edict for another 30 days. This was not good news for New Jersey’s housing and mortgage markets.
Look for housing to rescue the economy, Nothaft says
Homebuilders will begin to flex their muscles later this year as they attempt to meet demand amid a historic housing shortage, according to Frank Nothaft, currently the chief economist of CoreLogic who also served for 28 years as the chief economist of Freddie Mac. HW+ Premium Content
Will COVID-19 crisis affect home prices in Washington state?
“Our current supply of homes on the markets is only 1.4 months of inventory,” said New American Funding’s Tony Blodgett. HW+ Premium Content
