Month: May 2021

first_img Banc of California C.D. Davies Caliber Home Loans Inc DS News Hugh Boyle Joe Hixson 2017-03-01 Staff Writer Irving, Texas-based lender Caliber Home Loans Inc. has acquired the residential loan division of Banc of California, a full-service bank based in Irvine, for $25 million in cash. For an additional $36 million, Caliber has also purchased the mortgage servicing rights on about $3.8 billion in unpaid balances of conventional mortgages. Banc of California took a $3.5 million loss on the transaction.The sale includes all home loan assets from the company, including any related to originating, processing, underwriting, funding, and selling residential loans, according to a filing with the U.S. Securities and Exchange Commission.Caliber may also retain many of the Banc of California’s home loan staff, which amounts to nearly 900 employees. The sale cuts the organization’s workforce almost in half.“We expect most of these employees will be retained by Caliber,” said Banc of California Spokesman Joe Hixson.The sale will allow Banc of California to focus more on its commercial banking efforts, according to Hugh Boyle, Interim Chief Executive of Banc of California.“The sale of the mortgage business will align Banc of California’s business profile with that of a more traditional spread-based lender by significantly reducing the bank’s reliance on mortgage banking gain on sale revenue, lowering the risk of MSR valuation changes impacting earnings, streamlining the bank’s operations, and allowing the bank to redeploy capital to our commercial banking business,” Boyle said.The sale comes on the back of a similar transaction between New Residential Investment Corp. and CitiMortgage just last month. New Residential agreed to purchase $97 billion in unpaid principal balances of MSRs from CitiMortgage. The sale is part of CitiGroup’s larger initiative to exit the mortgage servicing sector and focus more on retail banking.“Over the past several years, we have made significant progress transforming our business to deliver a sustainable annuity of growth,” said CitiMortgage President and CEO C.D. Davies. “CitiMortgage remains a critical part of serving our customers, deepening relationships with existing and prospective retail bank clients, and driving growth in our core markets. We will continue to originate loans for current and new clients.” Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Previous: Freddie Mac Hits 10-year Low Delinquency Rate Next: Wells Fargo Wants More African American Homeowners Share Save Tagged with: Banc of California C.D. Davies Caliber Home Loans Inc DS News Hugh Boyle Joe Hixson Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Featured, Media, News Aly J. Yale is a freelance writer and editor based in Fort Worth, Texas. She has worked for various newspapers, magazines, and publications across the nation, including The Dallas Morning News and Addison Magazine. She has also worked with both the Five Star Institute and REO Red Book, as well as various other mortgage industry clients on content strategy, blogging, marketing, and more.  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days agocenter_img The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Aly J. Yale Home / Featured / Caliber Acquires Banc of California Mortgage Division Caliber Acquires Banc of California Mortgage Division March 1, 2017 6,514 Views Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago Is Rise in Forbearance Volume Cause for Concern? 2 days ago The Best Markets For Residential Property Investors 2 days ago The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Subscribelast_img read more

first_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Share Save On Wednesday, Fannie Mae announced its fifth sale of reperforming loans as part of the company’s ongoing effort to reduce the size of its retained mortgage portfolio.According to the enterprise, the sale consists of about “9,900 loans, having an unpaid principal balance of approximately $2.2 billion,” and is available for purchase by qualified bidders.The terms of Fannie Mae’s reperforming loan sale require the buyer to offer loss mitigation options designed to be sustainable to any borrower who may re-default within five years following the reperforming loan sale, according to the release.In addition, the release notes that buyers must report on loss mitigation outcomes. Any reporting requirements “cease once a loan has been current for twelve consecutive months after the closing of the reperforming loan sale.”Fannie Mae noted that selling non-performing loans are intended to reduce the number of “seriously-delinquent loans” that Fannie Mae owns in an effort to “stabilize neighborhoods and to help meet the portfolio reduction targets required under the Senior Preferred Stock Purchase Agreement with the United States Treasury.”The sales of non-performance loans were enacted as a part of the Federal Housing Finance Agency’s 2015 Conservatorship Scorecard. Back in March of 2015, the Federal Housing Finance Agency (FHFA) announced guidelines for these sales to encourage broad buyer participation and provide safeguards for borrowers.This sale of reperforming loans is being marketed in collaboration with Citigroup Global Markets, Inc. Bids are due on November 6, 2017. Interested bidders can register for announcements, training, and other information by clicking here. Subscribe Fannie Mae Makes Fifth Sale of Reperforming Loans October 11, 2017 1,985 Views Home / Daily Dose / Fannie Mae Makes Fifth Sale of Reperforming Loans Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Related Articles About Author: Nicole Casperson in Daily Dose, Featured, Headlines The Best Markets For Residential Property Investors 2 days ago 2017-10-11 Nicole Casperson Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech’s College of Media and Communications. Her thesis will be published by the International Communication Association this fall. To contact Casperson, e-mail: [email protected] Previous: High Tax Assessments Possible Cause for Growing Foreclosure Rate Next: Forward Thinking: Carson on the Future of Housing Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

first_img in Daily Dose, Featured, Headlines, Market Studies, News Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech’s College of Media and Communications. Her thesis will be published by the International Communication Association this fall. To contact Casperson, e-mail: [email protected] Ask the Economist: Mark Fleming Talks Housing Servicers Navigate the Post-Pandemic World 2 days ago November 9, 2017 1,537 Views  Print This Post economic trends HOUSING mortgage 2017-11-09 Nicole Casperson Share Save The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe Related Articles Editor’s note: This story was originally featured in the November issue of DS News, out now. As the Chief Economist for First American Financial Corporation, Mark Fleming leads an economics team responsible for analysis, commentary, and forecasting trends in the real estate and mortgage markets. As a trusted and influential voice with 20-years’ experience in the mortgage and property information business, Fleming is frequently quoted by national media outlets. For weekly analysis and research, follow him on Twitter at @mflemingecon.We’ve been spoiled with historically low mortgage interest rates. Where do you predict they will go? Not only have we recently enjoyed historically low rates, but also a general, long-run decline in rates since 1981. So, a generation of homebuyers has benefited from increased home-purchasing power over time. As for the future, improving economic conditions and the recent announcement by the Federal Open Market Committee (FOMC) that it will reduce the portfolio of bonds and mortgage-backed securities that it purchased under its quantitative easing policy are strong signals that rates will rise modestly over the coming year. In fact, mortgage rates increased in the week following the FOMC announcement of “quantitative uneasing.” Even if rates rose by another 2 percent to approximately 6 percent by the end of 2018, which is highly unlikely, rates would still only be where they were in 2008—a level that homebuyers had not seen since the mid-1960s. To use a technical economic term, rates that low still offer consumers historically pretty darn good home-purchasing power.What does this mean? How could it affect homebuyers, and in particular, first-time homebuyers?It is important to point out that if you are among the nearly two-thirds of U.S. households that already own homes, rate increases mean, really, nothing! That’s because the vast majority of existing homeowners either own their homes without a mortgage, or have a 30-year fixed-rate mortgage. Therefore, an increase in the mortgage rate will have no impact on the majority of existing owners. If you are contemplating buying a home, then things are a little less affordable than before. But, let’s be clear. It is true that purchasing power is lost and affordability declines as mortgage rates rise. However, given our expectation for an orderly and modest increase in rates over time, I think the most appropriate characterization of the market is homes are becoming less affordable but are not yet unaffordable by any reasonable historic standard.At what point would rising mortgage rates start to significantly dampen buyer demand? We actually surveyed real estate professionals this past spring and asked them what the mortgage rate would need to be before it would have a significant impact on homebuyer demand.  The answer—more than 5 percent. Most forecasts don’t expect mortgage rates to reach that level until 2019. How will mortgage rates influence inventory? That’s a good question! Most of the inventory of homes for sale is supplied by existing homeowners who mostly have existing mortgages. So, for existing homeowners, there is either a financial benefit or cost to selling their home and presumably becoming a homebuyer that depends on whether the mortgage rate on their existing mortgage when they sell their home is higher or lower than the mortgage rate on the home that is ultimately purchased. As mortgage rates have typically been declining since 1981, this dynamic has almost always been a financial benefit to existing homeowners—the mortgage rate on the home purchased is lower than the mortgage rate on the home that was sold. In a rising rate environment, the mortgage rate on the home purchased is higher than the mortgage rate on the home sold, which adds cost. The more rates rise and the larger one’s loan, the more costs increase. The rate locked-in cost will grow as rates rise and may prevent existing homeowners from listing their home and adding to the inventory of homes for sale. Housing inventory, or lack thereof, has been continuous in the housing market. What do you foresee in the next year for the inventory narrative?As I have described, the rate locked-in effect will only grow as rates rise, but what is more immediately pressing is the fear of not finding something to buy. According to our survey of real estate professionals this summer in our Real Estate Sentiment Index, we found that real estate professionals operating in short-supplied markets believe the main reason for a lack of supply is existing homeowners are not listing their homes for sale because they are worried that they will not be able to find something to buy. Existing homeowners face the dilemma of wanting to sell, but fear not finding something to buy. Add the increased cost from a growing-rate locked-in effect, and it’s fair to ask, “Are homeowners becoming prisoners in their own homes?” What else should those following the housing market look out for in the next year? Any wild cards? I see a pretty clear narrative for next year that really seems to be an extension of this year. Modestly rising rates, tight inventory in most markets, and, therefore, strong house-price appreciation.  The wild cards I believe would be from the macroeconomic or geopolitical stage. What often happens in other countries and financial markets can influence our mortgage rate outlook, and not always negatively. Who would ever have thought that Brexit would benefit the U.S. housing markets with a mortgage-rate deduction? Yet, that’s what happened. If the housing market outlook changes, my guess is that it will be because of something shocking our economy or financial markets. Previous: Exploring the State of Property Preservation Next: Identifying Housing Bubbles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / Ask the Economist: Mark Fleming Talks Housing Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago About Author: Nicole Casperson Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: economic trends HOUSING mortgage The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe BuildFax Construction Dallas Health HOUSING metro New Homes New York 2019-03-18 Seth Welborn Home / Daily Dose / The Ups and Downs of New Construction Share Save On Monday, Buildfax released its housing Health Report for February 2019. The report covers multiple aspects of the housing market, and February’s report revealed the fourth consecutive month of decreases across several key indicators of housing market health.“There have been persistent declines across key housing indicators for four consecutive months,” said Holly Tachovsky, CEO at BuildFax. “However, we anticipate some economic relief as we head into 2019’s spring homebuying season. Mortgage rates have reached recent lows leading to increased potential for home sales, which is oftentimes followed by a surge in remodeling activity. The performance of single-family housing authorizations, maintenance, and remodeling activity through this next season will shed light on whether declines in the housing market will spread to the broader economy.”According to the report, new construction is down overall: single-family housing authorizations decreased 4.24 percent from January 2019 to February 2019 and 5.75 percent year over year. Meanwhile, remodels are down as well. The report states that existing housing maintenance volume decreased by 5.53 percent year over year, while the remodel volume decreased by 10.07 percent year over year.By city, the 10 largest metro areas have all experienced some growth in housing activity the past five years, though only four of the top 10 have maintained that growth in the past few months. Dallas, New York City, Washington D.C. and Chicago all saw growth across maintenance and new construction indicators, while other large metro areas fell behind.“In the past five years, the 10 largest metros have closely mirrored national trends, rising steadily. However, in recent months, we’ve seen a shift in this pattern,” said Tachovsky “Four major metros are seeing strong housing activity despite national declines. If economic instability increases over the next few years, as some reports suggest, areas that are growing in spite of these trends will become progressively starker over time.”The complete report from Buildfax can be found here. Data Provider Black Knight to Acquire Top of Mind 2 days ago March 18, 2019 1,039 Views Demand Propels Home Prices Upward 2 days ago The Ups and Downs of New Construction About Author: Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: BuildFax Construction Dallas Health HOUSING metro New Homes New Yorkcenter_img The Best Markets For Residential Property Investors 2 days ago Related Articles The Week Ahead: Nearing the Forbearance Exit 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. in Daily Dose, Featured, Market Studies, News Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: A Panoramic Housing Solution Announced Next: Court Approves $13.8M Wells Fargo Settlement The Best Markets For Residential Property Investors 2 days ago  Print This Postlast_img read more

first_img SFR Tech 2019-09-12 Seth Welborn Home / Daily Dose / The Industry Pulse: Update on Altisource, Fund That Flip, and More Servicers Navigate the Post-Pandemic World 2 days ago Share Save September 12, 2019 1,079 Views Demand Propels Home Prices Upward 2 days ago About Author: Seth Welborn The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles The Industry Pulse: Update on Altisource, Fund That Flip, and More Tagged with: SFR Techcenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Foreclosure Activity’s Ups and Downs Next: Integrating Technology in Servicing and Lending From new services and tech to big announcements and achievements, get the latest industry buzz in this update.Altisource Portfolio Solutions S.A, a provider of real estate, mortgage and technology services, recently announced the launch of a tailored suite of single-family rental (SFR) services for the SFR market leveraging Altisource’s experience in closing over 23,000 singleand bulk asset acquisitions, dispositions and financing transactions.SFR homes comprise more than one-third of all U.S. rental properties, or roughly 16 million homes, with another 13 million new rental households expected to be formed by 2030. With demand on the horizon, Altisource anticipates that investors and lenders will have an increasing need for SFR vendors that provide scale and consistency.“As the single-family rental market expands and matures, we see a phenomenal opportunity to help institutional investors, owner-operators and private lenders navigate and grow in the SFR space,” said Ben Hall, VP, Altisource. “Altisource is well-positioned to provide its vertically integrated suite of single-family rental services and innovative solutions tailored to each customer’s strategy. It’s an exciting time for the SFR market, and we continue to listen to our customers’ needs and develop solutions that fully support them.”__________________________________________________________________________Inc. magazine revealed Fund That Flip is No. 42 on its annual Inc. 5000 list. A ranking of the nation’s fastest-growing private companies. Fund That Flip also ranks No. 4 of the fastest-growing real estate companies in the United States and No. 5 in New York.The list represents a look at the most successful companies within the American economy’s most dynamic segment—independent small businesses.Launched in 2014, Fund That Flip provides short-term loans to experienced real estate redevelopers who buy and renovate residential properties. After origination, Fund That Flip offers accredited and institutional investors the opportunity to purchase fractional shares of the loan and earn an 8-9% annualized yield. Fintech Venture Fund, an Atlanta-based early-stage investor, led the company’s seed round in 2016.Since then, the company has realized exponential growth, doubling its loan origination volume and customer base each year, and growing revenue by more than 6,018%. This month, Fund That Flip announced an $11 million raise from growth equity firm Edison Partners of Princeton, New Jersey.Entrepreneurs Roundtable Accelerator, a tech accelerator based in New York, also participated in this round and has been supporting the company since 2015. Fund That Flip will use the additional capital to expand its market share of the growing residential real estate industry.__________________________________________________________________________Wolters Kluwer’s Compliance Solutions business has earned four gold-level and two bronze-level industry awards for its regulatory compliance innovations as recognized by wins from the Globee Awards and International Business Awards programs.The business generated three Gold-level 2019 Globee Awards for its Vanceo Mortgage solution (Fintech category); OneSumX for Compliance Program Management (Governance, Risk & Compliance category); and CPM Content Transformation (Content Management category).Those three offerings also garnered three International Business Award “Stevie Awards” including a gold-level win for CPM Content Transformation, and two bronze-level recognitions for Vanceo Mortgage and OneSumX for Compliance Program Management.“These industry accolades reflect the deep domain expertise, unparalleled resourcefulness and creative ingenuity our regulatory compliance teams have demonstrated in building offerings that provide enriched, actionable regulatory content, and technology that automates workflows, fosters operational efficiencies, and enables banks, insurers, securities firms and other financial institutions to more effectively manage their regulatory compliance obligations,” said Steven Meirink, EVP and GM for the Compliance Solutions business. “We are proud of these achievements and independent recognition of the value that these offerings are delivering for a wide range of clients today.”  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. in Daily Dose, Featured, Investment, News, Technology Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Subscribelast_img read more

first_img Demand Propels Home Prices Upward 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago About Author: Christina Hughes Babb in Daily Dose, Featured, News Forbearance Effectiveness During a Financial Downturn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: FHFA’s Foreclosure and Eviction Moratorium Extended Again Next: Credit Quality Leads to ‘Stable’ Housing-Sector Outlook Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Forbearance Effectiveness During a Financial Downturn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Related Articles Financial pain perpetrated by the COVID-19 pandemic has been gentler than it otherwise could have been, according to a newly released research paper from the business schools of Columbia University, Northwestern University, Stanford University, and the University of Southern California, due largely to forbearance programs.Not only do the plans provide protection from loss of housing, research showed that one third of borrowers in forbearance continued making full payments, suggesting that forbearance acts as a credit line, allowing borrowers to “draw” on payment deferral if needed, according to the authors.They maintain that many lenders and the federal government may have learned some important lessons from the 2008-09 financial crisis about the usefulness of forbearance.Something about those lessons emerges from the study’s statistics gauging household debt during the pandemic. Last March, as COVID-19 spread and unemployment numbers increased, delinquency rates on mortgage and other loans plummeted, the total opposite of what typically happens during downturns, including the 2008 financial crisis. In fact, the researchers point out that during the last crisis, mortgage delinquencies jumped from 2% to 8% but in the first seven months of the pandemic they dropped from 3 to 1.8.%This is especially striking,” the researchers note, “given an unprecedented increase in the unemployment rate that reached almost 15% in [the second quarter of 2020] and the strong historical association between the unemployment rate and mortgage default.”The reason for the anomaly? Forbearance programs. According to an article in Fortune related to the study,  “instead of cracking down on delinquent borrowers—foreclosing on homes, repossessing autos, declaring other debts in default—they offered forbearance far more generously than ever before. Forbearance doesn’t reduce a borrower’s debt. It just permits the borrower to put off some payments until later without the lender declaring the borrower delinquent and denting the borrower’s credit rating.”Fortune’s Geoff Colvin concludes from the study that going easier on debtors is a “wise move.””In the big picture, overburdened households undermine the whole economy—what economists call ‘the standard household debt distress channel.’ During the financial crisis, the spike in mortgage delinquencies sent home prices into a self-reinforcing downward spiral as homeowners rushed to sell and banks put foreclosed properties on the market, forcing prices down and prompting other homeowners to sell before prices went even lower. Overall demand collapsed, pushing the economy into a hole that took three years to escape.”He says the CARES Act included a section requiring forbearance of federally insured mortgages—the vast majority of all mortgages—for that very reason.“Most potential delinquencies in the mortgage market were averted because of forbearance,” the researchers wrote in the study, and they deduce “the low delinquencies explain at least in part why the pandemic has not resulted in house price declines.”According to the study, all sorts of banks and lenders—auto loans, student loans, credit card debt—followed the forbearance suit.”The private sector and policymakers may have internalized the lessons from the Great Recession pointing to significant costs of widespread defaults and foreclosures and were more willing to provide debt relief,” noted the researchers. “It’s also possible, they note, that “the underlying adverse shock has been perceived as more transitory relative to the prior crisis.”In summary, massive consumer debt forbearance actions can help explain why, unlike during the Great Recession, the standard household debt channel was largely absent during the first year of the COVID-19 pandemic.” As Colvin writes, one can hope that “this lesson is the one policymakers will carry with them into the next downturn.” 2021-01-19 Christina Hughes Babb January 19, 2021 1,111 Views Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Subscribelast_img read more

first_img Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: An Eye on the Rural Rebuild The Best Markets For Residential Property Investors 2 days ago Related Articles Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Texas Supreme Court Throws the Industry a Lifeline Next: Housing Starts Hit 15-Year Peak in March Tagged with: Affie Ellis Elijah de la Campa GROW South Dakota Hope Credit Union Hope Enterprise Corporation Hope Policy Institute Institute for Local Self-Reliance Joint Center for Housing Studies of Harvard University Kathleen Sgamma Marcia Erickson Senate Banking Committee Sherrod Brown Stacy Mitchell Western Energy Alliance William J. (Bill) Bynum Servicers Navigate the Post-Pandemic World 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Affie Ellis Elijah de la Campa GROW South Dakota Hope Credit Union Hope Enterprise Corporation Hope Policy Institute Institute for Local Self-Reliance Joint Center for Housing Studies of Harvard University Kathleen Sgamma Marcia Erickson Senate Banking Committee Sherrod Brown Stacy Mitchell Western Energy Alliance William J. (Bill) Bynum 2021-04-16 Eric C. Peck in Daily Dose, Featured, Journal, News Home / Daily Dose / The Week Ahead: An Eye on the Rural Rebuildcenter_img Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago About Author: Eric C. Peck With housing in short supply and inventory at all-time lows, many are migrating away from crowded cities as a result of remote work opportunities. These home seekers are searching for larger homes to accommodate work from home situations, and once quiet pockets of the nation are becoming target destinations for this growing segment.On Tuesday, April 20, the Senate Committee on Banking, Housing, and Urban Affairs will host a virtual meeting “An Economy that Works For Everyone: Investing in Rural Communities” at 10:00 a.m. EDT.To be led by U.S. Sen. Sherrod Brown (D-OH), Chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, a panel will examine the ways in which these rural communities can be grown to accommodate home seekers looking toward these locations.Panelists will include:William J. (Bill) Bynum, Chief Executive Officer, HOPE (Hope Enterprise Corporation, Hope Credit Union, Hope Policy Institute)Stacy Mitchell, Co-Executive Director, Institute for Local Self-RelianceMarcia Erickson, Chief Executive Officer, GROW South DakotaThe Honorable Affie Ellis, Wyoming State Senator, District 8Kathleen Sgamma, President, Western Energy AllianceClick here to register for the Senate Committee on Banking, Housing, and Urban Affairs virtual meeting, “An Economy that Works for Everyone: Investing in Rural Communities.”Also of note this week, the Joint Center for Housing Studies of Harvard University will be hosting a Zoom discussion on the topic of “How Are Landlords Managing the Covid-19 Rental Crisis? Evidence From a Large Cross-Site Survey,” on Friday, April 23 at 12:15 p.m. EDT.Due to the pandemic, an estimated $25-34 billion in rental payments were outstanding as of late 2020. However, there is very little data on how landlords have responded to this financial strain. In this session, Elijah de la Campa, Senior Research Associate in Economics and Urban Analytics at the Bloomberg Harvard City Leadership Initiative, will present preliminary findings from a recent Center-supported survey of landlords in a dozen U.S. cities. He will offer findings on the magnitude of the rent crisis, the steps landlords have been taking in response to loss of income, and their willingness to participate in public and non-profit rental assistance programs.Click here to register for the Joint Center for Housing Studies of Harvard University Zoom discussion on “How Are Landlords Managing the Covid-19 Rental Crisis? Evidence From a Large Cross-Site Survey.”Here’s what else is happening in The Week Ahead:MBA Forbearance and Call Volume Survey (Monday)MBA Weekly Applications Survey (Wednesday)Realtor.com Weekly Housing Market Recap (Wednesday)NAR March Existing-Home Sales (Thursday)Freddie Mac Primary Mortgage Market Survey (Thursday)U.S. Department of Labor’s Unemployment Insurance Weekly Claims Report (Thursday)Black Knight weekly forbearance data (Friday) Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save The Best Markets For Residential Property Investors 2 days ago Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com. April 16, 2021 611 Views Sign up for DS News Daily last_img read more

first_imgNewsx Adverts Facebook Twitter Three factors driving Donegal housing market – Robinson By News Highland – October 14, 2010 Almost 10,000 appointments cancelled in Saolta Hospital Group this week Guidelines for reopening of hospitality sector published Facebook Calls for maternity restrictions to be lifted at LUH Google+ Councillor calls for FAS funded Community Employment Schemes NPHET ‘positive’ on easing restrictions – Donnelly center_img Twitter WhatsApp RELATED ARTICLESMORE FROM AUTHOR WhatsApp Google+ Pinterest Pinterest Donegal County Council officials are to examine the possibility of implementing a number of new Community Employment Schemes through FAS.The issue was raised in the chamber this week by Cllr Ciaran Brogan who says many improvements are needed in the county which could be done through CES schemes, and there are plenty of people willing and able to do the work.He says if the council shows imagination and makes a strong case to FAS and the government, then much can be achieved.Cllr Brogan says there are thousands of people on the Live register who want to work:[podcast]http://www.highlandradio.com/wp-content/uploads/2010/10/cbrogfas.mp3[/podcast] LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Previous articleMan rescued after getting into difficulty at Creevey PierNext articleMother suing HSE following sons death News Highland last_img read more

first_img Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Dissident Republicans attempt to hijack bus in Derry Three factors driving Donegal housing market – Robinson A bus driver and his passengers have been left badly shaken by an apparent hijack bid in Derry on Saturday.The driver was about to stop on Westway in Creggan when he saw two hooded men with scarves over their faces running towards the bus. He kept driving.SDLP Pat Ramsey has condemned the attack, and he believes dissident republicans were responsible.[podcast]http://www.highlandradio.com/wp-content/uploads/2010/03/pat.mp3[/podcast] By News Highland – March 15, 2010 Google+ Facebook WhatsApp Guidelines for reopening of hospitality sector published LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Google+ Previous articleBoxing – Victory for Duddy in TexasNext articleFire at farm in Co.Derry ruins family business News Highland center_img Pinterest WhatsApp Pinterest RELATED ARTICLESMORE FROM AUTHOR Facebook Almost 10,000 appointments cancelled in Saolta Hospital Group this week Twitter Calls for maternity restrictions to be lifted at LUH Twitter Newslast_img read more

first_img LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Pinterest By News Highland – February 16, 2011 Facebook Twitter Previous articleFailte Ireland gives optimistic outlook for 2011Next articleLetterkenny council to pursue tourism opportunities News Highland WhatsApp Google+ Google+ Guidelines for reopening of hospitality sector published Newsx Adverts Pinterestcenter_img Twitter RELATED ARTICLESMORE FROM AUTHOR Calls for maternity restrictions to be lifted at LUH New EU bus rules don’t go far enough – Harkin Almost 10,000 appointments cancelled in Saolta Hospital Group this week Three factors driving Donegal housing market – Robinson WhatsApp Facebook MEPs have approved new EU rules that will mean greater rights for bus and coach passengers who experience delays or cancellations on trips over two hundred and fifty kilometres.From 2013 will be entitled to compensation and ticket refunds if their trips are delayed over two hours or cancelled altogether.Passengers will also be entitled to compensation if their luggage is lost or damaged.However, the Independent Northwest MEP Marian Harkin says the rules don’t go far enough as most bus journies in Ireland are less than 250 kilometres:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/02/hark.mp3[/podcast] Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margeylast_img read more