May 19, 2019

Asset Manager, C-Suite, Default Manager, Investor, Operations, Quality Control, Industry News, Origination, Secondary Market, Servicing

5 Key Takeaways from the 2019 MBA Secondary

Five 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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Loan Officers' Social Media Checklist: Best Practices to Help Build Your Brand

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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.

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Bidding Wars, Cash Offers, Record High Prices: What You Need to Know

With bidding wars, cash offers, and record high prices, find out what you need to know about appraisal contingencies in today’s housing market.