HousingWireHousingWire Digital mortgage lender Lower on Tuesday announced the hiring of Adam Wiener as its new president. Wiener, who previously served as president of real estate services at Redfin, will lead Lower’s technology, marketing, data science and direct-to-consumer sales organizations. In an exclusive interview with HousingWire, Wiener shared that he…
Continue reading →HousingWireHousingWire Improving and selling or refinancing houses for investment purposes has long been the purview of part-time entrepreneurs looking to earn additional income. However, as capital available to ‘fix-and-flip’ and ‘fix and hold’ investors becomes more institutionalized through the issuance of Residential Transition Loan (RTL) and Debt Service Coverage Ratio…
Continue reading →HousingWireHousingWire For the majority of Americans, homeownership remains an important part of the American dream, according to a study published Tuesday by Realtor.com. Through a survey of a random sample of more than 2,000 adults conducted in early November, Realtor.com found that 75% of Americans believe homeownership is part of…
Continue reading →HousingWireHousingWire The U.S. Department of Housing and Urban Development (HUD) on Monday announced that it has reached a settlement with PHH Mortgage Corp., a division of the Onity Group, over the alleged imposition of fees for borrowers making payments on their mortgages, which is in violation of Federal Housing Administration…
Continue reading →HousingWireHousingWire The real estate industry went through a lot last year. The word “fear” plagued the minds of many industry professionals as the business underwent seismic shifts, and as President-elect Donald Trump enters office next week, these feelings still ring true for a sizable chunk of agents. This finding comes…
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