SimpleNexus, Lehi, Utah, announced its acquisition of software firm LBA Ware, Macon, Ga. The transaction, SimpleNexus’ first, brings together 325 employees in 29 states to serve 425 distinct lender customers and dozens of mortgage technology integration partners.
Tag: Redfin
Industry Briefs Oct. 8, 2021: Homebuyers’ Average Monthly Mortgage Payment Jumps
Redfin, Seattle, said the average homebuyer’s monthly mortgage payment rose $50 over the past six weeks. At the same time, sellers’ median asking price increased 12% year over year to a record high.
Housing Market Roundup Oct. 7, 2021
Here’s a summary of current housing market reports that came across the MBA NewsLink desk:
Industry Briefs Oct. 6, 2021: WFG Whitepaper Examines Title Agent-Underwriter Relationship
WFG National Title Insurance Co., Portland Ore., published a new whitepaper that explores the title agent-underwriter relationship in great detail. The paper, “Creating a True Partnership Between Title Agencies and Underwriters,” is available as a free download on the WFG Blocks website.
Asking Prices Up 12% to Record High; Other Measures Signal Market Cooling
Asking prices of homes listed for sale increased to a record-high 12%, said Redfin, Seattle, even as other housing market measures continued to show signs of cooling.
Housing Market Roundup Sept. 28, 2021
Here’s a roundup of recent housing reports that have come across the MBA NewsLink desk:
Industry Briefs Sept. 24, 2021: CFPB Says Renters at Risk as COVID Safety Net Ends
The Consumer Financial Protection Bureau released a report warning that millions of renters and their families may suffer previously avoided economic harms of the COVID-19 pandemic as federal and state relief programs end.
Redfin: Home Sales Post First Annual Decline in 15 Months
Redfin, Seattle, reported home sales fell on a monthly and annual basis in August for the first time since May 2020, although home prices continued to rise at a double-digit annual pace.
Housing Market Roundup: Bidding Wars; Remote Work; the Return of Non-QM
Here’s a quick summary of housing industry reports coming across the NewsLink desk.
Housing Market Roundup: Bidding Wars; Remote Work; the Return of Non-QM
It’s already been a busy week for housing industry reports–and it’s only Wednesday! Here’s a quick summary of some of those coming across the NewsLink desk.