Housing Wire

SEPTEMBER 20, 2023

Still, there are challenges facing the MSR market related to the staying power of the huge volume of mortgage servicing rights now being traded that are pegged to legacy loans at low interest rates — in the 3% to 4% range. The bulk of MSR trades to date have involved legacy loans with “a sub-4% WAC” [weighted average coupon], Piercy said.

Banks 351

Banks Loans Principal Investor 351

Housing Wire

NOVEMBER 10, 2021

Despite a net loss of $100 million in the third quarter of 2021, Compass CEO Robert Reffkin said he was thrilled with how the brokerage had performed. “I Also trending down from the second quarter is the brokerage’s market share which fell to 5.4% One encouraging sign is that the brokerage’s revenue grew 47% year-over-year to $1.74

Title 361

Title Brokerage Loan Officer Principal 361

Housing Wire

APRIL 1, 2021

Residential brokerage Compass is now a publicly traded company, with shares trading at $20.15 Last week, the brokerage announced in a Securities and Exchange Commission filing that it sought around $882 million from its initial public offering by trading 36 million shares at $23 to $26. Presented by: Proctor Loan Protector.

Brokerage 293

Brokerage Principal Loans Branding 293

Housing Wire

APRIL 1, 2024

When Hometap launched in 2017, the Boston-based fintech offered an unorthodox answer to this question for homeowners looking for an alternative to a loan. The market, however, is expected to grow as HEI companies seek to partner with mortgage lenders and real estate brokerages. The annual investment volume in the U.S.

Equity 370

Equity Finance Purchase and sale agreement Investor 370

Housing Wire

AUGUST 1, 2023

Name Job Title Company Name Agnes Standowicz Senior Vice President and Head of Underwriting United Wholesale Mortgage Alayna Gardner Director of Sales and Marketing LodeStar Software Solutions Ali Haralson President Auction.com Amanda Tucker Chief Risk and Compliance Officer Atlantic Bay Mortgage Company Amy Gromowski Executive of Science and Analytics (..)

Lending 370

Lending Title Mortgages Equity 370

Housing Wire

MAY 23, 2023

The lack of housing inventory – a major pain point for real estate agents and loan officers – is an issue that Mark Cohen, principal owner of Cohen Financial Group , also sees in the upper end of the Southern California market. Kim: You also do a lot of non-QM loans. Cohen funded $751.4 Who are your main borrowers?

Mortgages 311

Mortgages Marketing Loans Banks 311

Housing Wire

JUNE 16, 2022

The Prestwick Mortgage Group , an Alexandria, Virginia-based MSR advisory and brokerage firm, served as the exclusive broker for a $618 million package of Fannie Mae and Freddie MAC MSRs that was put out to bid earlier this month. million and for slightly more than 1,000 Freddie Mac loans valued at $241.9 For the $4.8

Loans 306

Loans Mortgages Principal Brokerage 306

Housing Wire

NOVEMBER 16, 2022

trillion in loans, about half of 2021’s $4.4 Within the past week, one of the nation’s largest retail mortgage lenders, Charlotte-based Movement Mortgage , announced the acquisition of Mortgage Network, a deal that would add $2 billion in annual loan volume, 250 mortgage professionals and 31 branch offices to its network.

Banks 398

Banks Mortgages Loan Officer Due diligence 398

Housing Wire

JUNE 16, 2022

The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall. trillion in new loans in 2020 and $3.9 mortgage industry to fund $4.1

Marketing 414

Marketing Fixed-rate mortgage Loan Officer Pre-approval 414

RIS Media

SEPTEMBER 20, 2021

announced that it has repaid an aggregate of $435 million of outstanding borrowings under its term loan facilities as of Sept. The post Realogy Announces Term Loan Repayments appeared first on RISMedia. Realogy Holdings Corp. The debt repayment was funded with cash on hand. ” For more information, please visit www.realogy.com.

Loans 65

Loans Principal Brokerage Industrial 65

Housing Wire

JULY 1, 2022

“The portfolio is being offered by a mortgage company that originates loans with a concentration in California.”. In fact, by value, the bulk of the loans in the MSR package were originated in California — representing $2.9 The percentage of Fannie- and Freddie-backed loans in the package is split evenly by value — at 39.3%

Closing 294

Closing Marketing Loans Mortgages 294

Housing Wire

APRIL 27, 2023

billion in unpaid principal balance (UPB) as of March 31, up 2% from December 31. ” Pennymac’s total loan acquisitions and originations reached $22.8 In April, Homepoint , number three in wholesale, sold its operations to The Loan Store. .” The servicing segment pretax income was $57.4 Pennymac had $90.3

Principal 344

Principal Banks Loans Mortgages 344

Housing Wire

AUGUST 2, 2021

Principal and Chair, Financial Instituions Regulatory Practice Group. SVP, Loan Administration. Brokerage Operations. Bay Equity Home Loans. Evergreen Home Loans. Courtney Poulos. Broker/Owner; Co-Founder. ACME Real Estate; ACME Real Estate Florida. Cristy Ward. Chief Strategy Officer. Mortgage Connect. Linda Case.

Title 393

Title Lending Finance Technology 393

Housing Wire

AUGUST 14, 2020

A former Quicken Loans executive, Booth has over 15 years of experience working in state and federal government bodies, focusing on transforming the mortgage industry through technology. Lessinger is a founding principal and broker/owner of RE/MAX Realty in Nevada, having built a team of 130 agents in three offices over the span of 22 years.

Lending 258

Lending Principal Industrial Development 258

Housing Wire

JANUARY 7, 2021

Digital mortgage platformer Blend is back this week, announcing that they are furthering their Freddie Mac partnership by integrating the GSE’s automated underwriting system, Loan Product Advisor. To be considered as a judge, nominees must be mortgage lenders or real estate sales / brokerage professionals.

Mortgages 228

Mortgages Lending Loans Investor 228

Housing Wire

AUGUST 29, 2022

Ishbia is confident his firm can benefit from this trend by cutting prices for brokers and bringing more retail loan officers to its wholesale channel, whose market share currently stands at around 20%. billion in loans over the first six months of 2022 — for total proceeds of $871.7 UWM’s loan production income of $296.5

Equity 402

Equity Loan Officer Loans Mortgages 402

HomeLight

AUGUST 16, 2021

First-time homebuyer loans can help make it easier on first-time homebuyers , offering access to special mortgage programs with low down payments. With this expert-backed guide, we’re here to help: Here’s how to apply for a first time home buyers loan in eight manageable steps. You can qualify for loans with as little as 3.5%

Loans 92

Loans VA loan FHA loan Purchase and sale agreement 92

Housing Wire

SEPTEMBER 10, 2020

And in July, it announced its formal launch of Orchard Home Loans. They can work with any lender of their choice, including Orchard Home Loans. We’re effectively giving you a bridge loan for your new home, and an insurance policy that the old home will sell, all for no extra cost versus the traditional Realtor,” Cunningham said.

Title 230

Title Branding Principal Loans 230

RIS Media

JULY 30, 2021

– Owned brokerage agent count grew 4% year-over-year. On April 28, 2021, the company used cash on hand to pay down $150 million of the Term Loan B Facility, reducing the principal amount of that facility to $240 million. The company’s net debt leverage ratio was 2.5x at June 30, 2021.

Branding 98

Branding Principal Title Equity 98

Realty Biz

FEBRUARY 17, 2022

When there is a mortgage, homeowner equity is the difference in the value of the home minus the balance still owed on the mortgage (the balanced owed includes second mortgages and other mortgage-backed loans). Paying down the principal balance on your loan. Home Equity Loan. Making improvements to your home.

Equity 84

Equity Principal Loans Mortgages 84

Realty Biz

OCTOBER 9, 2022

We are pleased to sponsor our latest acquisition in the Bloomington-Normal market," said Adriel Deller, Principal at Placemaker Real Estate. million loan from Morton Community Bank. Manaseer, Inhabit Realty Group ("IRG") is a real estate investment, brokerage, and management firm focused on sector multifamily.

Principal 88

Principal Investor Property Management Renovation 88

Realty Biz

AUGUST 19, 2022

Real estate agents work under brokerages to rent, sell, and buy houses or other properties. Working as an assistant broker may give brokers helpful experience forming their brokerage. If you want to have a brokerage, you may need to find customers for your industry. Find a Real Estate Pre-licensing Course.

Pre-approval 75

Pre-approval Brokerage Agents Principal 75

Real Trends

MARCH 16, 2022

Single-family rent growth extended its record-breaking price growth streak to 10 consecutive months in January,” Molly Boesel, principal economist at CoreLogic, said in a statement. All major metro areas analyzed saw year-over-year rental price growth increases, with Sun Belt cities seeing the largest gains. increase recorded in January.

Principal 77

Principal Loans Brokerage As-is 77

The Close

DECEMBER 29, 2022

Make sure clients who see an acceleration clause in their mortgage contracts understand that this allows their lender to demand repayment of the loan in full if they default on the loan. 4 Loan Questions Worth Asking. Basically, amortization is the preset schedule of mortgage loan payments, including interest, over time.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

RIS Media

AUGUST 13, 2021

During the 2021 second quarter, primarily due to its acquisition activity, the company began reporting selected financial results for its vertically integrated segments, with revenue as follows: – Real estate brokerage revenue, which includes real estate brokerage services, was $80.2 million in the prior year period.

Branding 94

Branding Technology Brokerage Principal 94

RIS Media

SEPTEMBER 21, 2021

While still serving in the military, Jackson earned his license as a loan officer in 2006 and shortly after opened Paradigm Institute Loan Officer and Mortgage Broker Training School. She has worked solo and in big brick-and-mortar offices but recently joined Fathom Realty to expand the brokerage into Minnesota. Cindy Woyak.

Loan Officer 67

Loan Officer New Construction Brokerage Principal 67

RIS Media

AUGUST 19, 2021

” Her emotions were eased by the patience and dedication of loan officers who helped her close on the home this past June. At the time, DaCosta didn’t have a principal loan officer, but she says that Lawrence has helped her streamline the process. Everything is heightened.”

Pre-approval 91

Pre-approval Mortgages Loan Officer Marketing 91

HomeLight

APRIL 20, 2023

Richie Helali , a licensed, senior mortgage advisor at HomeLight Home Loans , says that closing costs are most often paid through wire transfer or certified check, along with the down payment for your home loan (which is not part of your closing costs but is typically due at the same time). Who pays for closing costs in New Jersey?

Closing costs 74

Closing costs Closing Title search Inspection 74

Notorious ROB

DECEMBER 19, 2022

Opendoor can try arguing that Opendoor Connect is a licensed real estate brokerage, and its listings are agent listings belonging to the main tab. We aim to increase the number of purchase loans, loans per officer, and Zillow Home Loans customer adoption rate. Zillow right now. Emphasis mine].

MLS 79

MLS Agents Pre-approval Brokerage 79

Real Trends

MAY 13, 2022

Sitcov and her brokerage did not respond to messages for comment. Under an MSA, a mortgage lender or title insurer, for example, markets the services of a real estate agent or brokerage, or the brokerage markets the service of a lender or insurer, in exchange for a set fee. But interpreting that rule is far from easy.

Title 75

Title Brokerage Agents Mortgages 75

HomeLight

MAY 3, 2023

Your real estate agent’s commission is not only split between the buyer and seller agents but also their respective brokerages. Every agent has an agreement with the brokerages in which they hold their real estate license as to how their commission is split. That puts your commission at 18,000.

Seller concession 107

Seller concession Purchase and sale agreement Inspection Title 107

Afford Anything

AUGUST 4, 2020

An anonymous caller and military member, “Molly,” wants to know if she should move money from a USAA brokerage to Vanguard to pay less in fees. Anonymous “Molly” asks (at 37:49 minutes): I want to get your opinion on whether or not you’d move money from a USAA brokerage to Vanguard for lower fees. 12 percent.

Mortgages 60

Mortgages Pre-approval Brokerage Banks 60

Easy Agent Pro

OCTOBER 31, 2022

Some topics in this area to consider include: What You Need To Know About Student Loan Debt When Buying Homes In Austin. Interview teachers and principals at those local schools. Explain the difference between you and 6 of your competing brokerages. This piece is great because it educates and helps lend authority.

Pre-approval 102

Pre-approval Agents Mortgages Staging 102

Easy Agent Pro

FEBRUARY 9, 2021

Here are several mortgage and financing based blog ideas: 1) What You Need To Know About Student Loan Debt When Buying Homes In Austin. Interview teachers and principals at those local schools. Explain the difference between you and 6 of your competing brokerages. This type of article is a great piece to help your buyers!

Title 105

Title Renovation Mortgages Agents 105

HomeLight

FEBRUARY 13, 2023

Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube About This Episode Courtney Poulos started her real estate brokerage in 2009, right after the crash. Same thing with building a brokerage. She had 2 choices – either sink or swim. Lisa: Wow, I love that.

Marketing 91

Marketing Agents Staging Branding 91

Boom Town

FEBRUARY 14, 2019

Who is the principal at the local high school? Avoid Pitfalls – be aware of common transaction pitfalls (inspections, appraisals, loan approval), and take extra precautions throughout the process to avoid them. Know every stat, know every address, and have them at the tip of your tongue at all times.

Branding 61

Branding Technology Staging Agents 61

Marco Santarelli

AUGUST 3, 2020

There is a lot of construction activity going on especially in the entry-level single-family homes to satisfy the principals of supply and demand. According to Redfin, a real estate brokerage company, San Antonio real estate market is somewhat competitive with homes selling for around 2% below the listing price.

Marketing 124

Marketing Investor Sales Construction 124