Housing Market Tracker: Inventory Shock Lowers

The slow zombie move in housing stocks has diminished as inventories have been negative on a weekly basis last week. Additionally, home loan rates rose to year-to-date highs as labor…

HAF Fund keeps 300,000 people at home: US Treasury

Data released this week show that the Homeowners Assistance Fund (HAF), a program aimed at providing financial assistance to homeowners affected by the COVID-19 pandemic, has defaulted. It says it…

Homepoint sues correspondent financier for more than $4.6M

A defunct financier home point has filed a lawsuit against seven correspondent mortgage lenders alleging breach of contract for failing to repair loan defects or buy back loans in accordance…

How PrimeLending intends to gain market share

prime lendingis a Texas-based personal mortgage bank that seeks to increase market share by growing within its existing business areas in an environment of shrinking margins. The lender hired 100…

Invitation Homes reportedly close to buying 2,000 SFRs

Barry Sternlicht’s Starwood Capital Group is nearing an agreement to sell a portfolio of single-family rental homes Invitation Homes Co., Ltd.. The deal includes about 2,000 homes, with each property…

Most mortgages moored in March 2021 are in progress or have ended: CFPB

Most borrowers who received mortgage forgiveness in March 2021 are now out of business as of March 2023, including unfairly affected borrowers of color. This is according to data released…

Marketing Leaders at HW Annual October 10-12

What will marketing look like in 2023 and beyond? This is the question we’re starting to ask marketing leaders every year, as changing conditions require top leaders to be strategically…

Housing Market Tracker: Stocks to Rise in Summer

Summer is here and housing stock is finally rising. Spring housing stocks were like zombies crawling out of the grave, very slow, but summer shows some prospects and let’s hope…

HUD Launches Manufactured Housing Program Office

of U.S. Department of Housing and Urban Development (HUD) announced this week that it has created a new organization. Manufactured Housing Program Secretariatreports to the Assistant Secretary for Housing. Federal…

Phil Shoemaker discusses lessons learned from Homepoint’s demise and The Loan Store’s future

Add this to your list. Control costs during growth and use off-the-shelf technology systems when small. “For me, the focus is that we want to grow in a very sustainable…