“There has likely been some recent volatility in application counts due to holiday-impacted weeks, as well as from borrowers trying to secure a refinance before rates go even higher.”
–Joel Kan, MBA Associate Vice President of Economic and Industry Forecasting.
Orest Tomaselli is President of the Condominium and Cooperative Review Division of CondoTek, Philadelphia, and owner of Strategic Inspections, a national reserve study provider.
John Keratsis is President and Chief Executive Officer of Deephaven Mortgage, a full service, multi-channel, long-term credit provider in the Non-QM space.
The Mortgage Bankers Association’s Developing Leaders Mentoring Program is a newly launched 12-month program designed to support development of employees within our member organizations.
The Home for All Pledge represents our industry’s long-term commitment on a sustained and holistic approach to address racial inequities in housing.
Founded in 2015, HomeBinder, Burlington, Mass., is a centralized online platform designed to make maintaining a home’s value easy while improving relationships between homeowners and the businesses that serve them.
Harbor Group International LLC, Norfolk, Va., acquired an eight-asset workforce housing portfolio in North Carolina’s Research Triangle for $475 million.
Fitch Ratings, New York, reported 17 percent of U.S. equity real estate investment trusts had negative outlooks in December, down significantly from a year ago.
The share of newly built single-family homes on the market is at a record high as builders try to keep up with surging homebuyer demand fueled by low mortgage rates, low inventory and remote work, said Redfin, Seattle.
Red Bell Real Estate LLC, Wayne, Pa., reported multiple housing market records for 2021, including average sales price, days on market, median estimated home price and number of closed sales. But analysts cautioned signs of slowing could put a damper on 2022 results.
