Latest Breaking News On - Chief economist selma hepp - Page 1 : comparemela.com

Home equity is near a record high. Tapping it may be tricky due to high interest rates

Consumers are sitting on ample housing wealth. High interest rates make it difficult to access.

U.S. Home Prices Surge 4.5% YoY

Home prices went back up across most markets in 3Q

Rental, Renovation, Fee Collection, Subservicing, Verification Tools; Training and Events

Yes, WeWork has filed for bankruptcy, but if you look at GDP and employment, our economy is doing pretty well. Did you know that the Dallas metro area is home to the headquarters of companies responsible for originating 78 percent of residential volume? You probably didn’t, as I just made that up out of thin air. Texas’ growth and not having state income tax both help. Here in Dallas at the TMBA Education Symposium, there is plenty of discussion about the industry incorporating non-traditional products into their lineups, such as reverse mortgages, bond programs, buydowns, renovation loans, construction to perm financing, and jumbo loans, all have value to lenders. Meanwhile, loan originators are looking at a “full stack” loan origination & processing platform like Realfinity.io to go “independent” allowing them to get the most competitive pricing directly from wholesale lenders with no overlays due to corporate expenses. (No, this

Slowing Home Sales, Rising Prices Paint A Contrasting Picture In Housing Market