Fresh off the acquisitions of Homesnap, Emporis and Ten-X, real estate data behemoth CoStar Group beat Wall Street’s estimates in the fourth quarter. Just as interesting was what CoStar’s executives had to say about the $6.9 billion takeover bid for residential data firm CoreLogic, and why Zillow hasn’t really entered their orbit. Let’s start with…
For the first time since March 2020, the national mortgage delinquency rate fell below 6% to 5.9% in January, according to data from Black Knight on Wednesday. At the current rate of improvement, the data giant estimates 2.1 million borrowers remain 90 or more days past due though are not yet in foreclosure. While modest…
February 24, 2021 | Gretchen Add to my favorites This post may contain affiliate links. Read my disclosure policy here. This is a great stock up deal on Arm & Hammer 4-in-1 Laundry Detergent Power Paks! Amazon has this Arm & Hammer 4-in-1 Laundry Detergent Power Paks (97 Count) for just $8.47 shipped when you…
Happy Tuesday MarketWatchers. Don’t miss these top stories:Reassess your life and career every 7 years by asking these 3 questions Here's a response to feeling burned out at work or depleted by relationships.Nearly half the states are taxing companies over PPP loans that have been forgiven How is your state treating COVID loans made to…
December saw a double-digit annual increase for home prices across the country, according to the Case-Shiller Home Price Index from S&P Dow Jones Indices and CoreLogic. The nine U.S. Census regions showed a 10.4% annual gain in December, up from 9.5% in the previous month. The 10-city composite annual increase came in at 9.8%, up from 8.9% in the previous month.…
United Wholesale Mortgage has hired Desmond Smith, a former Fannie Max executive, to be its chief growth officer as the wholesale firm attempts to usurp Rocket Mortgage as the nation’s top lender. Smith comes to UWM after a stint at Fannie Mae as the senior vice president and chief customer officer for single family business.…
February 23, 2021 | Gretchen Add to my favorites This post may contain affiliate links. Read my disclosure policy here. Oh my goodness! These Easter Dresses are so gorgeous! Zulily is offering up to 80% off Gorgeous Easter Dresses for Babies, Toddlers and Girls! There are tons of beautiful dresses to choose from and many…
My husband and I retired early. We were very frugal. Friends called us cheap. We prefer thrifty or frugal. We had no children, they had three kids; we rarely took vacations, they vacationed every year. Who deserves an annual vacation? There’s a reason why we retired early. We always paid cash for our modest cars,…
We may never again see a year like 2020. That’s somewhat somber news for the lenders who benefited from a series of downright strange conditions to generate more refi business than anyone in March could have imagined. Both Fannie Mae and Freddie Mac reported that refis made up about 70% of their mortgage activity in…
As we move further into 2021, servicers continue to face the ongoing effects of forbearance and foreclosure moratoriums while also anticipating the changes that may take place as a result of the new administration in Washington. Among these unknowns are changes that could affect lender-placed insurance (LPI). Servicers must have the flexibilities in place to…