“Turn to automation when profit margins are tight.” It’s a message the industry is hearing loud and clear as rates stay high and lenders can no longer depend on a steady flow of refis. In light of this, HousingWire CEO Clayton Collins recently sat down with Paul Doman, CEO at Accurate Group, to discuss mortgage […more]
By Mike AlbaneseSpecial Contributor COVID, inflation, and labor shortages are noted as the main reasons for extended construction timelines. Area multifamily developers say inflation, rising interest rates, labor shortages, and supply chain issues are dragging out construction timelines. Data from the 2021 Survey of Construction from the Census Bureau revealed the average length of time […more]
New York-based title underwriter AmTrust has come under fire from New York Attorney General Letitia James for business practices that “hurt workers and limited their earning potential.” An investigation by James’s office found that for years AmTrust entered into illegal no-poach agreements with their competitors, thwarting labor competition. AmTrust Title, which is controlled by insurance […more]
These thoughtful finds will inspire all the feels. READ MORE…
From customized backpacks to ultra-practical desk organizers, these simple DIYs will get the school year off on the right track. READ MORE…
Chris Clothier, partner at REI Nation, gives investors a 6-month rental update and discusses all things real estate.
What a difference a year makes. In mid-2021, most mortgage companies enjoyed strong origination volume and were hiring additional staff in response. But as we begin the third quarter of 2022, the landscape has changed drastically and multiple challenges face the industry. Rates are now reaching almost 6% for a 30-year fixed mortgage, while the […more]
Don’t shy away from color. READ MORE…
Angel Oak Cos., through its Angel Oak Mortgage Trust conduit, recently unveiled its latest private-label securitization (PLS) offering — a deal slated to close in early August backed by 788 predominately non-QM loans valued at $362 million. Counting this latest offering, Angel Oak Cos. — through its affiliated companies, including real estate investment trust, or REIT, Angel Oak […more]
And some of our favorite brands are on sale! READ MORE…