Nearly half of mortgaged #homes in the U.S. are #equity rich as of 3Q, says a new ATTOM report. 48.5% had loan balances that were no more than 50% of their estimated market values, up from 48.1% in 2Q for the 10th straight quarter.
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With #mortgage #lending at a near standstill, lenders are seeking creative ways to get by. Read more:
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NEXT week! If you're in the Dallas area and want a sample of what NEXT is all about but can't get to the conference, grab a ticket to the #NEXTFALL22 Happy Hour Fundraiser! Tickets are $99 and benefit Girls Inc Tarrant.

Grab your ticket here: ow.ly/5MRY50L5nO3

#Home #inventory hit its highest level since 2020, with national active home-for-sale listings up 33.5% year-over-year in October, according to Realtor.com’s latest Monthly #Housing Trends Report: nextmortgagenews.com/news/home-inve…

. loanDepot and builder National HomeCorp announced the formation of NHC Mortgage to expand loanDepot’s reach in the #mortgage market: ow.ly/3uQX50LtKis

💼 Check out this week's featured #jobs and visit our #jobboard to find executive positions currently available in the #mortgage industry. careers.nextmortgagenews.com

From #investor mania to investor panic: Redfin CEO says investors' panic-induced pullback when #home prices started falling will drive the market down faster and harder.
Read more: ow.ly/Eq5850Lsusn

Caliber Home Loans is suing Union Home Mortgage, claiming its competitor poached employees to cripple its #mortgage business in the Southeast:
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This week in #MortgageTechBits : Prevu buys defunct Reali’s #mortgage assets; Taylor Morrison launches enhanced #home reservation system; Asure Software, Equifax announce #integration . Read more and subscribe: nextmortgagenews.com

🍹Join us on November 8th to officially kick off #NEXTFALL22 with a Happy Hour Fundraiser. Every ticket benefits Girls Inc Tarrant a local organization empowering at-risk girls. Buy a ticket here: nextmortgagenews.com/store/nextfall…

The days of buyers snatching up #homes within days—or even hours—of being listed are over.
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#Home #prices in September were down in 98 of the 100 biggest markets. Find out which two remained at their summer price peaks: nextmortgagenews.com/news/home-pric…

What’s on tap for home design? Smaller spaces with a bigger impact. An emphasis on affordability. Remodeling rather than upleveling. A year shaped by millennials, social media and economics. Read more: ow.ly/Rw4X50Lr1Q9

🎂Today is #MortgageTechBit 's 2nd birthday! Since Mortgage Tech Bits launched 2 years ago, we've covered more than 500 stories about technology's progression in mortgage lending. Sign up to get tech updates right to your inbox. nextmortgagenews.com

A court just ruled the Consumer Financial Protection Bureau’s funding unconstitutional. And it could have implications for the #mortgage market.
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👻🎃 Happy Halloween from all of us at NEXT!

🐝 We're ditching the traditional lecture format and breaking into NEXT Hives, collaborative small group think tanks in control of their own topics — and their own solutions. 🐝 Register now to secure your place in the conversation. nextmortgagenews.com/nextfall22

Meet this week's #NEXTPets ! These babies are all waiting for their furever homes in shelters across the country. Remember to #adoptdontshop !

Send us pics of your BFF and we'll make them famous with the NEXT community: ow.ly/pzCH50KyTr9

#Zombie #foreclosures were up for the third consecutive quarter in 3Q. ATTOM found that one in 79 homes or 1.3 million U.S. properties are vacant, and of those, 284,423 are in the foreclosure process.
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#Home showings decline in September as buyers stay out of the market: new data from ShowingTime shows traffic was down 7% month-over-month in September.
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