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  • Fed chairman urges caution on reopening economy April 9, 2020
    A day after President Donald Trump set an April 30 deadline for reopening the U.S. economy, Federal Reserve Chairman Jerome Powell urged caution. The post Fed chairman urges caution on reopening economy appeared first on HousingWire.
    Kathleen Howley
  • [PULSE] Short-term pain, long-term gain April 9, 2020
    In a video Op-Ed, United Wholesale Mortgage CEO Mat Ishbia addresses the issues impacting consumers, originators (retail and wholesale), GSEs and other housing market constituents. The post [PULSE] Short-term pain, long-term gain appeared first on HousingWire.
    Maleesa Smith
  • Crisis Leadership: 6 actions managers should take to lead for the long run April 9, 2020
    In her last article, HousingWire Columnist Kristin Messerli described the psychology of consumers’ response to the pandemic and a “trauma-informed” approach to leadership. Now, she writes from the perspective of leading teams, relying on best practices from crisis preparedness research and examples of many great leaders in this industry. The post Crisis Leadership: 6 actions […]
    Maleesa Smith
  • Built Technologies releases limited version of loan software April 9, 2020
    Lenders who are struggling to effectively manage and monitor construction and renovation loans due to coronavirus have an alternative to keeping track. The post Built Technologies releases limited version of loan software appeared first on HousingWire.
    Julia Falcon
  • Mortgage Tech Demo Day: Top of Mind April 9, 2020
    Surefire CRM From individuals to enterprise lenders, Top of Mind’s Surefire CRM helps thousands of mortgage professionals win new business, earn repeat business and deserve referral business with intuitive, “set it and forget it” workflows and award-winning content that inspires emotional connections with customers. Product Fast Facts #1 The Surefire platform integrates with lenders’ full […]
    Caren Karris
  • UWM CEO Mat Ishbia promises no layoffs during coronavirus slowdown April 9, 2020
    The CEO of the nation’s second-biggest mortgage lender told his 5,800 employees Thursday that not a single one of them will lose their jobs as the spread of COVID-19 continues to drive layoffs to record levels in the U.S. The post UWM CEO Mat Ishbia promises no layoffs during coronavirus slowdown appeared first on HousingWire.
    Ben Lane
  • eXp Realty lays off 15% of staff due to coronavirus impacts April 9, 2020
    As coronavirus is hitting the housing market in a wave, eXp Realty announced it let go of 15% of its agents, among other reductions across the company. The post eXp Realty lays off 15% of staff due to coronavirus impacts appeared first on HousingWire.
    Julia Falcon
  • Mortgage credit availability tumbles to 5-year low April 9, 2020
    “This month’s release highlights the large retreat from jumbo and non-QM investors due to a sharp drop in liquidity," said MBA's Joel Kan. The post Mortgage credit availability tumbles to 5-year low appeared first on HousingWire.
    Phil Hall
  • Average mortgage rate unchanged at 3.33%, Freddie Mac says April 9, 2020
    The average U.S. rate for a 30-year fixed mortgage was 3.33% this week, matching the prior week, according to Freddie Mac. The post Average mortgage rate unchanged at 3.33%, Freddie Mac says appeared first on HousingWire.
    Kathleen Howley
  • Jobless claims totaled 6.6 million last week April 9, 2020
    The number of Americans filing jobless claims totalled 6.61 million last week, the second-highest on record, the Labor Department said. The post Jobless claims totaled 6.6 million last week appeared first on HousingWire.
    Phil Hall