First American: Home sales are weaker than they seem

Mark Fleming, chief economist at First American, argues that failing to account for the growing number of U.S. households gives a misleading impression of housing market strength. “If we look at existing-home sales as a percentage of the total number of households over time, we see that sales are do
Read MoreHow Sierra Pacific is scaling without a factory-line approach

In a live-recorded episode of Power House at the Housing Economic Summit, HousingWire President Diego Sanchez sat down with Suzy Lindblom, chief operating officer at Sierra Pacific Mortgage, to explore the company’s growth strategy and how it’s navigating today’s lending environment. After consultin
Read MoreDOJ appoints lawyer who testified against NAR at Sitzer trial

The Department of Justice (DOJ) has a new principal deputy assistant attorney general, and he’ll be familiar to some real estate brokerage leaders (and NAR’s lawyers). The government announced the appointment of Roger Alford to this post earlier this month. Alford previously served as deputy assista
Read MoreUWM takes on the Fannie and Freddie LLPAs

On April 1, 2022, the mortgage industry was on the wrong end of what felt like a very cruel April Fool’s joke. It was the day Fannie Mae and Freddie Mac instituted updated loan level pricing adjustments (LLPAs) that made second home and investor properties much more expensive. Nearly three years to
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