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  • Shant Banosian becomes Guaranteed Rate’s first LO to originate $1 billion September 17, 2020
    Shant Banosian, the nation's No. 1 loan originator, has become Guaranteed Rate’s first loan officer to fund $1 billion in loan volume in one year. Over the course of his decade-long career, Banosian has generated more than $4 billion in funded loans. The post Shant Banosian becomes Guaranteed Rate’s first LO to originate $1 billion […]
  • Freddie Mac’s Cindy Waldron to speak at HousingWire Annual September 17, 2020
    Cindy Waldron, vice president of research and analytics in the Single-Family Client and Community Engagement division at Freddie Mac, joins other housing experts on Oct. 8. The post Freddie Mac’s Cindy Waldron to speak at HousingWire Annual appeared first on HousingWire.
  • Judy Shelton, Trump’s Fed nominee, may lack Senate votes September 17, 2020
    Judy Shelton, the controversial nominee to an empty seat on the Federal Reserve’s Board of Governors, may lack the votes to win support from the full Senate, according to Sen. John Thune (R-SD). The post Judy Shelton, Trump’s Fed nominee, may lack Senate votes appeared first on HousingWire.
  • So you want to eClose a mortgage in Texas? September 17, 2020
    One of the first states to accept remote online notarizations, signing a mortgage via eClose in Texas has come a long way since the first adoption in 2018. The post So you want to eClose a mortgage in Texas? appeared first on HousingWire.
  • Builder confidence reaches 35-year high in September September 17, 2020
    The National Association of Home Builders and Wells Fargo Housing Market Index rose five points to 83 in September – the highest score the series has seen since its inception 35 years ago. The post Builder confidence reaches 35-year high in September appeared first on HousingWire.
  • LoanDepot could make public debut this year at up to $15B September 17, 2020
    The California-based mortgage lender headed by Anthony Hsieh could be worth between $12 billion and $14 billion in an IPO. The post LoanDepot could make public debut this year at up to $15B appeared first on HousingWire.
  • First-time homebuyer activity decreased in Q2, but there’s still plenty of buyers out there September 17, 2020
    First-time homebuyer activity decreased largely due to economic effects of the pandemic, however it's still the most active segment in the housing market. The post First-time homebuyer activity decreased in Q2, but there’s still plenty of buyers out there appeared first on HousingWire.
  • Average U.S. 30-year mortgage rate rises from all-time low September 17, 2020
    The average U.S. rate for a 30-year fixed mortgage is 2.87% this week, rising from last week’s all-time low of 2.86%, Freddie Mac said on Thursday. The post Average U.S. 30-year mortgage rate rises from all-time low appeared first on HousingWire.
  • Fed says expect low rates through 2023 September 16, 2020
    The Federal Reserve left its overnight lending rate unchanged on Wednesday at the end of its last meeting before the Nov. 3 presidential election and said it expects to keep it near zero for more than a year. The post Fed says expect low rates through 2023 appeared first on HousingWire.
  • More young adults live at home now than during the Great Depression September 16, 2020
    While at the beginning of the year it seemed like Millennials and Generation Z were going to take hold of the housing market in 2020, the pandemic drastically changed that prediction. The post More young adults live at home now than during the Great Depression appeared first on HousingWire.