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The Housing Market Stands at a Tipping Point After a Stunningly Successful Year During the Pandemic

Now, one year after the Covid-19 crisis shut down and warped so much of American life, things are still unpredictable, but the outlook isnt bright for housing. In fact, it looks like the perfect storm for a correction. Home prices are overheated, mortgage rates are rising, the supply of homes for sale is anemic and consumer confidence in the housing market is falling. Pandemic-related mortgage bailouts are set to expire this summer. A year ago, home sales ground to a halt. No one wanted to buy ...
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1 Reason Smart Investors Are Watching Walker & Dunlop

Mar 10, 2021 at 10:37AM The pandemic didnt stop mortgage finance companies from posting record profits in 2020. Low rates were a tailwind to many in the industry, including PennyMac Financial Services, and Mr. Cooper Group. Record low mortgage rates were welcomed by these lenders, which resulted in a record number of refinancings. However, smart investors are closely watching Walker & Dunlop, particularly because of its laser focus on multifamily lending, and the oppor...
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Source: fool.com

Valley News - Our pandemic year: Valley News photos captured life as it was changing in the early days of the pandemic

Our pandemic year: Valley News photos captured life as it was changing in the early days of the pandemic Shawn Caffrey, of Cornish, N.H., arranges items in the back of his truck after shopping at a big box store in West Lebanon, N.H., on Monday, March, 2, 2020. Caffrey was shopping with his mother, Susan Williams. They said on this shopping trip they bought extra soups and larger quantities of their regular shopping items, keeping the coronavirus in the back of their minds. (Valley News - Jenni...
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Source: vnews.com

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Walker & Dunlop Q4 Revenues up 61% to $350 Million and Net Income up 94% to $83 Million

Walker & Dunlop Q4 Revenues up 61% to $350 Million and Net Income up 94% to $83 Million News provided by Share this article FOURTH QUARTER 2020 HIGHLIGHTS Total transaction volume of $14.2 billion, up 45% from Q419 Net income of $83.1 million, up 94% from Q419 and diluted earnings per share of $2.59, up 93% from Q419 Servicing portfolio of $107.2 billion at December 31, 2020, up 15% from December 31, 2019 Increased quarterly dividend by 39% to $0.50 per share FULL-YEAR 2020 HIGHLIGHTS Total tr...
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Financial Stocks 2020: How the Pandemic Panic Played Out

Author Bio Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work! Follow @TMFMathGuy In this weeks episode of , Fool.com contributor Matt Frankel, CFP, and host Jason Moser take a look back on the most turbulent and interesting year in...
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Source: fool.com

Partnership leads to internship program for students

Pixabay Walker & Dunlop partnered with Project Destined and Greystar for an internship program for underserved students from middle school to university-level. Walker & Dunlop, Project Destined and Greystar worked together to create the unique new paid internship program that will help students from diverse backgrounds. It will launch in Durham, N.C., with a three-year program that focuses on early education and targets a large age group from middle school to university-aged students. "This in...
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No filings for Houston board of education

The three-year terms of Stacie Ely and Leon Slape expire. Seats also will be filled on the Texas County Health Department board. Incumbents C.J. Smith, Kirby Holmes and Madeline Miller filed for re-election. ร‚ย One unexpired term on the board created with the resignation of Sally Smith also will be on the ballot. The appointee, Jim Hagler, filed. Joleen Durham completed candidacy paperwork for a five-year term on the Texas County Memorial Hospital board of trustees. Oma Inez Fockler does not p...
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Walker & Dunlop Unveils its Drive to '25 Strategy to Become the Premier Commercial Real Estate Finance Company in the U.S.

Share this article Share this article BETHESDA, Md., Dec. 10, 2020 /PRNewswire/ --ย Walker & Dunlopย (NYSE: WD) will host a virtual Investor Day this morning to unveil its Drive to 25 strategy and provide five-year operational and financial targets. Willy Walker, Chairman and CEO commented, "We have built a long track record of exceptional growth with our success grounded in three core principles: People, Brand and Technology. We have worked tirelessly to build out our platform with the very b...
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