A&D Market Digest for Week of 10/17/22
Alex Suslov, Head of Capital Markets, and Billy Abrams, President/CEO of ADM Securities, discuss recent and upcoming trends happening in the capital markets and their impact on the Non-QM market. Check out their discussion.
MARKET NEWS
- DSNEWS — First-Time Buyers Giving Housing Market a Boost. “Zillow’s Consumer Housing Trends Report revealed that for the first time since the pandemic began, the number of first-time homebuyers has rebounded as these buyers now represent 45% of all buyers, up from 37% last year. In today’s shifting market, this data shows that first-time buyers are able to overcome affordability challenges, positioning themselves to take a larger slice of market share.”
- DSNEWS — Q3 Foreclosure Rates ‘Reflecting Other Aspects of the Economy. “ATTOM has released its Q3 2022 U.S. Foreclosure Market Report, which shows there were a total of 92,634 U.S. properties with foreclosure filings—defined as default notices, scheduled auctions or bank repossessions—up 3% from Q2 and 104% year-over-year. There were a total of 31,836 U.S. properties with foreclosure filings in September 2022, down 8% from August 2022, but up 62% from September 2021.”
UPCOMING WEBINAR
NOTE: A&D Mortgage will be live streaming webinars on our Youtube, LinkedIn and Facebook pages, so keep an eye on those pages for the announced links and be sure to set a reminder for yourself!
AD Studio – The Best Marketing Platform for Mortgage Brokers
🗓️ Tuesday, October 18, 2022
🕐 1 PM EST
Join us for a live demonstration and Q&A on designing professional marketing materials with AD Studio. It makes it easy for brokers to create professionally designed marketing materials — flyers, postcards, social media, etc. — from your desktop or your phone.
FEATURED TRADESHOWS
MBA Annual Convention & Expo
October 23-26, 2022
Nashville, TN – Music City Center
FEATURED EVENT
NASHVILLE NIGHTS
Who doesn’t love a good party? And what could be better than a party in Nashville – the home of country music – at 6 p.m. on October 24 at Headquarters Beercade? That’s why we’re inviting our most valued brokers to our exclusive country music-themed party and award ceremony during the MBA Conference in Nashville. There’ll be plenty of music, dancing, and good old-fashioned fun. So put on your best boots and jeans and come on down to Nashville for a party you’ll never forget.
Why should you come?
- Enjoy recognition as our leading Brokers receive annual performance awards
- Network with Non-QM industry experts and colleagues
- Appetizers, beer, wine, and cocktails served!
- FREE access to more than 30 classic arcade games and 10 pinball machines.
- Capacity is limited, so you are encouraged to RSVP.
Sponsored by A&D Mortgage
