Hackers accessed data of 1.3M customers in Fidelity cyberattack

Mortgage subservicer Loancare informed authorities that the data of about 1.3 million customers was compromised following a cyberattack in November on its parent company, the big four title firm Fidelity National Financial (FNF). This data includes customers’ social security numbers. The company inf
Read MoreHome prices increased 6.3% over last year in October: FHFA

U.S. house prices increased year over year in October, according to the Federal Housing Finance Agency (FHFA) House Price Index. However, the data shows it slowed down compared to the previous month. In fact, home prices climbed 6.3% from October 2022 to October 2023, compared to 5.5% year over year
Read More7 best real estate schools in North Carolina (NC) for 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.You’ll need to complete 75 hours of prelicensing classes to get licensed as a real estate agent in North Carolina. We’ve done the research for you, evaluatin
Read MoreHome prices climbed in October at fastest annual rate

Despite lower sales activity, home prices continued their upward trend in October, according to the S&P CoreLogic Case-Shiller Home Price Index. Real estate experts say the performance reflects limited inventory in the country, a problem expected to continue in 2024. The data released on Tuesday sho
Read More6 best Michigan real estate schools for 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.To find the best Michigan real estate school with expert instruction and valuable study resources, look no further than our Michigan real estate school guide
Read MoreMortgage rates — not commission lawsuits — will be the story in 2024 for publicly traded brokerages

There is no question that the headline of the year in 2023 for many publicly traded brokerages was the commission lawsuits. But in 2024, industry analysts believe mortgage rates will be the primary focus for many firms.“I don’t think the lawsuit storyline is very relevant from the perspective of vol
Read MoreHow analysts see 2024 shaping up for mortgage lenders

Kyle Joseph, a specialty finance equity research analyst at Jefferies, believes that the worst of the current mortgage cycle may be behind us, a sentiment shared by most analysts covering this industry.“Barring any sort of unforeseen consequences, I’d like to think so,” Joseph said in an interview.
Read MoreICE solidifies position as the dominant player in the mortgage tech space in 2023

The mortgage tech industry has taken its fair share of punches in 2023. But for Intercontinental Exchange, Inc. (ICE), it was a year of solidifying its dominance in the mortgage space.It’s been more than a year since ICE’s acquisition of mortgage data juggernaut Black Knight for $11.9 billion, the
Read MoreThe 2023 housing market bent, but didn’t break

As we approach Christmas day, we can only hope that the Federal Reserve now realizes their fear of 1970s-style inflation created a rate-hike cycle that disproportionately impacted the U.S. housing market and that they need to be pro-housing again. Even with all the drama we have dealt with in 2022-2
Read MoreNew home sales market welcomes lower mortgage rates

New home sales missed sales estimates, but the builders’ stocks have been roaring higher. What gives? There are two key things to remember before I go into the report’s details. Mortgage rates rising to 8% in October impacted the data line, which I spoke about on CNBC recently.Also, new home sales a
Read MoreWhat makes Gen Z homebuyers different?

Entering the real estate finance world in the summer of 2022 as a 23-year-old, I immediately felt like a fish out of water. Attending industry-related conferences and visiting clients, I was typically the only person in the room under the age of 30. Our industry is full of professionals with decades
Read MoreNovember sees the lowest level of new home sales in a year

New home sales fell month-over-month in November to their lowest level since last November. But despite this dip, 2023 is poised to be one of homebuilders’ busiest years. Total new home sales are expected to reach about 5% higher than last year, while sales of existing homes are down by nearly 20% y
Read MoreWilliston Financial Group’s MyHome acquires Volly

Williston Financial Group is closing out 2023 with yet another acquisition. The firm announced Thursday that MyHome, a WFG subsidiary, has acquired technology and marketing services provider Volly.The financial terms of the deal were not disclosed.“Since inception, both WFG and MyHome have been dedi
Read MoreJanet Kane named interim CEO at Cape Fear Realtors

Wilmington, North Carolina-based Cape Fear Realtors has appointed an interim CEO. Janet Kane will take the helm at the 3,500-member strong Realtor association starting on Jan. 2, 2024, according to an announcement on Thursday.“Engaging leadership, staff, and stakeholders and ensuring they feel suppo
Read MoreAgents and LOs, here are 6 strategies for navigating a down real estate market

Facing a challenging housing market can be daunting for agents and loan officers alike. As industry professionals grapple with uncertainties, market shifts and evolving dynamics, the key to thriving lies not only in adapting to change but also in embracing it as an opportunity for growth. I’ve seen
Read More‘Mortgage winter’ is expected to thaw a bit

The year ahead promises to offer the housing industry some relief, compared with a grueling 2023, but it is likely to be only a small bounce forward toward a healthier market. The housing industry, including the secondary market it feeds, is still likely to be sluggish in 2024, with marginal improve
Read MoreHUD to invest $174 million for climate resiliency in multifamily

The U.S. Department of Housing and Urban Development (HUD) on Thursday announced an investment of $173.9 million in loans and grants under the Green and Resilient Retrofit Program’s (GRRP) “comprehensive” and “elements” categories, designed to increase resilience against climate challenges and energ
Read MoreMortgage delinquencies edged higher in November: ICE

While delinquencies remain low overall, the number of delinquent loans ticked up in November, according to the latest ICE Mortgage Monitor report. Furthermore, the delinquency rate among FHA loans is at a nine-year high, and will be worth watching closely in 2024, the report said.The national delinq
Read MoreDovenmuehle Mortgage to lay off several hundred in Illinois

Dovenmuehle Mortgage, a mortgage sub-servicing company, has informed authorities in Illinois that it will impose a layoff affecting hundreds of employees next year. The company has decided to cut 212 jobs in its Lake Zurich site starting on Feb. 16, 2024, per a Worker Adjustment and Retraining Notif
Read MoreMortgage rates continue trending down before Christmas

Mortgage rates stayed below 7% for the second week in a row, a welcome relief after a 17-week streak of above-7% rates. This week’s dip is the largest weekly drop since November 2022.The 30-year, fixed mortgage rate averaged 6.67% for the week ending Dec. 21, according to Freddie Mac‘s Primary Mortg
Read More
Categories
Recent Posts











