HousingWireHousingWire The stock market was not the only thing that saw a boost after the presidential election earlier this month. Homebuilder confidence also rose in November, marking the third straight month of increases. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rose three points month over month to a reading…
Continue reading →HousingWireHousingWire Add American Neighborhood Mortgage Acceptance Company LLC, doing business as AnnieMac, to the list of mortgage lenders that have recently suffered a data breach from a cyberattack. The company notified state authorities that it became aware of “suspicious activity” of certain systems within its network in August. After an…
Continue reading →HousingWireHousingWire In this HousingWire executive conversation, Michael Chew, Division President at Consolidated Analytics, discusses the viability of task outsourcing as a method for saving time and money for loan originators—especially in preparation for market surges and shifts. Chew stresses the importance of offloading repetitive tasks to experienced teams, removing the…
Continue reading →HousingWireHousingWire With U.S. inflation climbing to 2.6% in October—fueled by rising housing and insurance costs—and mortgage rates having edged back above 7%, homeownership remains a distant goal for many living in the U.S. For real estate agents, this economic reality can present both challenges and opportunities, and determine strategies in…
Continue reading →HousingWireHousingWire Last week we were at risk of breaking a key level in the bond market, which could have sent mortgage rates much higher. We also had a lot of economic, political and Fed news that could have pushed rates up. Despite all those negative headlines, we dodged a bullet…
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