May 19, 2019
Asset Manager, C-Suite, Default Manager, Investor, Operations, Quality Control, Industry News, Origination, Secondary Market, Servicing5 Key Takeaways from the 2019 MBA Secondary
1. The Economic Big Picture
The Federal Reserve has backed off rate hikes for 2019, and recession fears have subsided for this year and next. A looming trade war with China and the uncertain impact of Brexit remain wildcards on the global economic scene.
2. Inventory Shortages Worsen
Entry-level inventory remains low due to soaring land and building costs coupled with a labor shortage. Some municipalities are experimenting with creative solutions like relaxing density and zoning regulations.
3. New Leadership and a New Push for Reform at FHFA
New FHFA Director Mark Calabria says the time for housing finance reform is now, while the economy and the housing market are strong. He is developing a roadmap for reform with the White House, aiming for privatization of Fannie and Freddie.
4. Modernization Underway at FHA, VA, RHS, and Ginnie
FHA, VA, RHS, and Ginnie Mae are all implementing major technology updates. Current compliance rules that discourage bank lenders from doing business with FHA are also under review with the goal of increasing the diversity and strength of counter parties.
5. GSEs Stronger Than Ever
The GSEs are set up better than ever to withstand a crisis. Their credit risk transfer programs continue to diversify risk, and technology improvements have beefed up underwriting and simplified the process. The GSEs are currently making adjustments to better support borrowers impacted by natural disasters.
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Explore the Evolving Traits of First-Time Homebuyers
Our infographic explores the characteristics and behaviors of today's first-time homebuyers, who prioritize homeownership as an important part of the American Dream despite economic and societal changes.
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Loan Officers' Social Media Checklist: Best Practices to Help Build Your Brand
Loan officers can benefit from social media to connect with potential borrowers, build their brand, and establish themselves as a reliable authority in the mortgage industry. Optimizing social media profiles and posting strategies can attract new business and create lasting relationships with borrowers and business professionals. Check out our checklists to get started!
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5 Tips for REO Disaster Planning
Read about preventative measures you can take to minimize damage and recover quickly when a natural disaster impacts your properties.
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The American Dream of Homeownership Starts with Financial Literacy
As we celebrate National Financial Literacy month this April, it’s a reminder of the important role that financial literacy plays in preparing for the homebuying journey. Learn more about financial literacy for homebuyers.
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Preparing to Buy or Sell a Home in the Spring
Spring is the busiest season in real estate, with warmer weather and blooming flowers highlighting a property's best features, and buyers prioritizing home tours before family obligations. Take a look at our checklists to help buyers and sellers prepare for the upcoming busy market.
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4 Simple Steps for Loan Officers to Build Lasting Relationships in 2024
Using these 4 Simple Steps, Loan Officers can help their elevate business and redefine success in 2024 by building strong relationships with real estate agents, prior clients, local community organizations, and other trusted service providers.
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The Millennial and Gen Z Homebuyer
Recognizing and understanding behaviors of Millennial and Gen Z homebuyers can empower loan officers and real estate agents to engage these distinct generations of homebuyers.
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Radian Launched Affordable Housing Crisis White Paper
Learn more about how increasing mortgage rates, skyrocketing home costs, and a lack of supply in the market have left many wondering if they will ever be able to afford a home.
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The Untapped Potential of Home Equity Lending
New trends are emerging that lenders should be aware of, including the return of home equity loans and HELOCs. Here are just three of the reasons why now is the time to take advantage of this market.
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Woman of Influence: Emily Riley
Emily Riley shares insights on what it means to be a woman leader in the housing industry.