HousingWire

• What to do about the appraiser shortage March 5, 2021
  Overcoming the current appraiser shortage is the first hurdle in restocking the shallow field. But compounding the problem is a lack of appraisers entering the profession. The post What to do about the appraiser shortage appeared first on HousingWire.
• Mat Ishbia outlines UWM purchase strategy March 5, 2021
  One of UWM's long-term plays is holding onto mortgage servicing rights. Ishbia said UWM finished 2020 with about $185-190 billion in MSRs , and said he expects UWM will grow that to about $300 billion this year. The post Mat Ishbia outlines UWM purchase strategy appeared first on HousingWire.
• Employment gains small but mighty in February March 5, 2021
  For the fourth month in a row the U.S. unemployment situation was left virtually unchanged, dropping to 6.2% in February, the U.S. Labor Department said. The post Employment gains small but mighty in February appeared first on HousingWire.
• CoStar drops bid for CoreLogic citing market volatility March 5, 2021
  CoStar announced it is withdrawing its bid for CoreLogic after the data giant rejected CoStar's amended offer from its original $6.9B to about $6.6B. The post CoStar drops bid for CoreLogic citing market volatility appeared first on HousingWire.
• Mike Cagney eyes Walmart’s potential move into mortgage March 5, 2021
  Figure Technologies' Mike Cagney said when it comes to watching out for non-endemic players impacting the real estate market, he has his eye on Walmart. The post Mike Cagney eyes Walmart’s potential move into mortgage appeared first on HousingWire.
• Rocket Mortgage: UWM is trying to “manipulate” market March 5, 2021
  “We would never in our wildest dreams, tell a broker to choose us, or someone else," Rocket Mortgage's Austin Niemiec said in an interview The post Rocket Mortgage: UWM is trying to “manipulate” market appeared first on HousingWire.
• CFPB delays QM compliance date to October 2022 March 4, 2021
  The Consumer Financial Protection Bureau released a notice of proposed rulemaking on Tuesday to delay the mandatory compliance date of the Qualified Mortgage final rule from July 1, 2021 to October 1, 2022. The post CFPB delays QM compliance date to October 2022 appeared first on HousingWire.
• FHFA extends multifamily forbearance through June 30 March 4, 2021
  Multifamily property owners backed by Fannie Mae and Freddie Mac now have through the end of June for forbearance options, the FHFA announced on Friday. The post FHFA extends multifamily forbearance through June 30 appeared first on HousingWire.
• Plaid unveils Income to aid customer finance March 4, 2021
  Plaid's Income simplifies income verification so customers and mortgage lenders can secure loans, qualify for mortgages, and rent apartments. The post Plaid unveils Income to aid customer finance appeared first on HousingWire.
• UWM to block brokers working with Fairway and Quicken March 4, 2021
  United Wholesale Mortgage, the top wholesale lender in the nation, announced on a Facebook live Thursday afternoon that it will no longer partner with brokers who work with Rocket Mortgage and Fairway Independent Mortgage Corp. The post UWM to block brokers working with Fairway and Quicken appeared first on HousingWire.