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AFR’s Rob Pieklo explores the state of the 2025 wholesale mortgage market

January 12, 2025 by bp56691
In a new episode of 10 Minute Talks, HousingWire President Diego Sanchez sits down for an in-depth conversation with Rob Pieklo, president and chief operating officer of American Financial Resources (AFR).
Categories Lenders, LendingLife, Mortgage, Origination, Podcast, Podcasts, Rocket Mortgage, United Wholesale Mortgage, Wholesale Lending

Housing demand positive, but at risk from higher mortgage rates

January 11, 2025 by bp56691
Housing demand positive, but at risk from higher mortgage rates
Our weekly pending contract data is still positive, but only by 1%, as demand growth has slowed amid higher mortgage rates.
Categories Housing Inventory, Housing Market, Housing Market Tracker, HWmember, Mortgage Rates, Purchase Applications

Real estate investors face a daunting winter storm

January 11, 2025 by bp56691
It’s mostly doom and gloom for real estate investors heading into 2025, according to a quarterly survey released this week by RCN Capital and CJ Patrick Co.
Categories Home Prices, Housing Market, Mortgage Rates, Real Estate Investing, Rent Prices

As LA fires burn, reverse mortgage industry emphasizes need for servicer, insurer contacts

January 10, 2025 by bp56691
Los Angeles County has the highest concentration of HECM borrowers in the country, and the industry is moving to respond.
Categories Celink, Disaster Relief, FEMA, FHA, Finance of America, HighTechLending, HUD, Mortgage Cadence, Natural Disaster, New American Funding, NRMLA, Reverse, Reverse Loans Now

Redfin lays off 46 employees

January 10, 2025 by bp56691
Redfin has started 2025 with a round of layoffs. The Seattle-based brokerage company laid off 46 employees on Thursday.
Categories Brokerage, Mortgage and Housing Layoffs, Real Estate, Redfin

Rep. Maxine Waters pushes for serious investigation with proposed wildfire bill

January 10, 2025 by bp56691
Less than 10 days into 2025, California is experiencing a multibillion-dollar wildfire disaster that is further shaking up the state’s already vulnerable insurance coverage.
Categories California, Climate Change, Congress, House of Representatives, Housing Market, HWmember, Los Angeles, Regulatory, Wildfire

Housing resources and help for victims of the LA fires

January 10, 2025 by bp56691
Many in the real estate and mortgage spaces are pledging monetary relief and relocation help for those affected by the wildfires.
Categories Airbnb, Anywhere, California, Disaster Relief, Housing Market, Keller Williams, Los Angeles, Short-Term Rental, Wildfire

Jobs week data is keeping mortgage rates above 7%

January 10, 2025 by bp56691
Jobs week data is keeping mortgage rates above 7%
Today’s jobs report beat expectations, which means mortgage rates will stay elevated.
Categories Bureau of Labor Statistics, Federal Reserve, Housing Market, HWmember, Jobs Report, Mortgage Rates

A complete guide to understanding pocket listings

January 10, 2025 by bp56691
A complete guide to understanding pocket listings
The pros & cons of pocket listings and private sales, plus ideas for marketing your off-market or exclusive listings.
Categories Real Estate, Real Estate Agent Essentials, Vetted by HousingWire

From Foot Locker to 100+ closed deals a year (*in under five years)

January 10, 2025 by bp56691
From Foot Locker to 100+ closed deals a year (*in under five years)
How Chris Williams turned Instagram likes into leads — and leads into a 15-person team in Virginia Beach.
Categories Real Estate, Real Estate Agent Essentials, Vetted by HousingWire
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