Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations. Click n’ Close will retain retail operations related to its reverse mortgage and lending business for Native Americans, the company said Monday.

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Closing Mortgages Lending Technology 316

Housing Wire

APRIL 6, 2021

A painstaking, uncoordinated movement to fully adopt remote online notarizations nationwide and complete end-to-end digital escrow mortgage closings is gaining even more traction as the real estate industry launches into a new decade in 2021. The post The future of mortgage closings appeared first on HousingWire.

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Closing Mortgages Residential Technology 254

Housing Wire

MAY 10, 2023

The data also suggests that the economy is close to peak rent inflation—lower monthly rent prices have been recorded for two consecutive months, and the price growth for new leases is still decelerating. Shelter was again a major contributor to this increase, rising 0.4% month over month, thanks to a 0.6% increase in the rent index and a 0.5%

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Closing MLS Construction Banks 359

Housing Wire

NOVEMBER 25, 2020

Residential due diligence is an area of the mortgage ecosystem that’s overdue for disruption, according to two industry veterans who want to offer something completely different in the due diligence space through their newly launched company, Canopy. Due diligence in this moment needs to be a friction reducer and better data provider.”.

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Due diligence Residential Industrial Investor 473

Housing Wire

JUNE 11, 2021

Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Should the appraisal come in lower than the contract price, the closing process may be impacted.

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Housing Wire

JULY 31, 2022

Trusted by over 1 million users, NotaryCam’s eClose 360 platform allows borrowers to close anytime from pretty much anywhere. NotaryCam’s customers are the first to express their satisfaction with the company’s future-thinking approach to closings. The pandemic has brought extra hurdles for everyone. Rick Triola.

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Closing Technology Commercial Title 312

Marco Santarelli

FEBRUARY 8, 2024

Commercial Real Estate, Residential Real Estate, and Corporate Credit Commercial Real Estate and Residential Real Estate are identified as key vulnerabilities due to potential strains arising from maturing loans, expiring leases, and weakened demand for office space. Financial Risks: Unveiling Vulnerabilities 3.1 financial system.

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Residential Commercial Lending Loans 104

Housing Wire

APRIL 25, 2024

Claire boasts a conversational interface to guide users through every step of the homebuying journey, from property search to deal closing. The tool helps match buyers with the ideal property while providing insights into market trends and property values.

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Agents Technology Residential Industrial 354

Eye on Housing

APRIL 10, 2023

Average hourly earnings for residential building workers* continue to rise in February 2023 but at a slower pace. Wage growth has retreated below or close to 3%, from the highest rate of 2021. Labor market data indicate that business hiring is softening as the economy shows signs of weakening.

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Residential Closing Marketing As-is 97

Housing Wire

FEBRUARY 5, 2021

Multi-year HousingWire Tech100 winner Built Technologies , a construction finance software and construction payment technology company, closed an $88 million Series C funding round. Last year, Built acquired lienwaivers.io , a provider of lien waiver management and payment solutions for commercial and residential construction.

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Technology Closing Construction Commercial 245

Eye on Housing

JULY 14, 2023

Average hourly earnings for residential building workers* rose at a slower pace in May, after more than a year of strong gains. Wage growth has retreated below or close to 3%, from the peak rate of 2021. According to the Bureau of Labor Statistics (BLS) report, average hourly earnings (AHE) for residential building workers were $29.87

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Residential Closing Construction Marketing 78

Housing Wire

APRIL 17, 2024

The portfolio of loans examined included residential, commercial investor and business purpose loans. issues, which FundingShield says indicates a lack of appropriate controls by closing agents and lenders to identify and fix issues. “Q1 On loans that exhibited problems, the analysis found an average of 2.22 of transactions.

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Loans Title Commercial Closing 439

RIS Media

APRIL 21, 2023

OneKey MLS–servicing the southern regions of New York state such as the Hudson Valley, New York City, and Long Island–maintains a monthly report keeping track of changes to the residential real estate market. On April 18, 2023, the MLS released its report covering February to March, 2023.

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MLS Residential Marketing Closing 80

Realty Biz

JANUARY 11, 2024

The two dimensions of the real estate world, residential and commercial, have significant differences, and any aspiring agent needs to know what it all is about before biting off more than they can chew. It can be crucial to know in advance if you can do both commercial and residential real estate.

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Commercial Residential Agents Brokerage 48

RIS Media

JULY 20, 2023

Key details: Regional closed median sale price of $612,000, a 3.40% increase from the $592,000 reported in May 2023. Year-over-year, the closed median sale price held steady, decreasing less than 1% from the $615,000 reported… The post Southern New York State Residential Sales Increase appeared first on RISMedia.

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Residential Sales MLS Closing 68

Housing Wire

JANUARY 31, 2023

NYCB) confirmed it’s closing 69% of the retail home lending offices outside of its branches after acquiring Michigan-based Flagstar Bank. “We We made the strategic decision shortly after the transaction closed to swiftly restructure the business, which occurred in January,” Thomas Cangem, NYCB president and CEO, said in a statement. “We

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Mortgages Lending Banks Commercial 347

Housing Wire

APRIL 18, 2024

President and CEO John Medina said in a prepared statement that the First Federal Bank has a mission to provide solutions from a “financially stable institution,” and the acquisition “ underscores our commitment “ to the residential mortgage sector.

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Banks Mortgages Loan Officer Loans 391

Housing Wire

FEBRUARY 9, 2024

In an attempt to reach residential listing portal supremacy, CoStar Group (the parent company of Apartments.com and Homes.com ) will air four advertisements during this Sunday’s broadcast of Super Bowl LVIII between the San Francisco 49ers and the Kansas City Chiefs. The portal wars are heating up.

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Commercial Marketing Residential Branding 420

Housing Wire

JULY 18, 2023

The current jobs cut also comes amid rumors that depositary lenders would see changes to their residential mortgage capital requirements under the Basel III regulations. “At U.S. The current rule sets a 50% risk weight on most first-lien residential mortgages. From January to March, the bank originated a $4.47

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Banks Mortgages Residential Lending 370

Realty Biz

AUGUST 12, 2023

FirstService Residential New York promoted Jennifer Santaniello to Vice President in the Manhattan Condo/Co-op Division. I look forward to working even more closely with our talented teams and partners to further strengthen our market presence in New York City and to deliver exceptional service to our clients."

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Residential Property Management Commercial Development 52

Housing Wire

MARCH 29, 2024

This represents a 43% premium compared to the share’s closing price on March 27. The parties expect to close the transaction in the second half of 2024 when Doma will no longer be traded or listed on any public securities exchange. The companies announced late Thursday that TRG has agreed to acquire Doma’s outstanding shares at $6.29

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Title Technology Residential Investor 364

RIS Media

FEBRUARY 4, 2022

Much of Weichert, Realtors’ success within its company-owned sales offices may be attributed to the Weichert All Under One Roof offering of real estate, mortgage, insurance and closing settlement services, the company stated. “It The post Weichert Reports Notable Successes for Residential Companies in 2021 appeared first on RISMedia.

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Residential Brokerage Technology Closing costs 95

Housing Wire

SEPTEMBER 1, 2023

The deal is subject to customary closing conditions and regulatory approvals. Before Spring EQ, he founded New Penn Financial , which was sold to Shellpoint Partners and later acquired by New Residential Investment Corp. Schiano has more than 30 years of entrepreneurial experience in the mortgage industry.

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Equity Loan Officer Residential Commercial 368

Housing Wire

MARCH 6, 2024

Department of Treasury Secretary Steven Mnuchin’s private equity firm, Liberty Strategic Capital , will inject $1 billion in equity investment in struggling New York Community Bancorp (NYCB), one of the nation’s largest residential mortgage servicers. NYCB became a large residential mortgage servicer after the acquisition of Flagstar.

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Equity Mortgages Banks Commercial 317

Housing Wire

FEBRUARY 13, 2024

During an all-hands call Tuesday morning, Academy’s leadership informed employees about the M&A deal , which is expected to close in mid-April. However, most operations and recruiting staff will not be joining the acquirer but will stay employed until April 15, when the deal is expected to close, sources said. billion in MSRs).

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Mortgages Loan Officer Loans Finance 427

RISMedia

JULY 24, 2023

By Kara Masterson As a homeowner, keeping a close eye on your roof is important. In this […] The post 5 Common Residential Roofing Problems and What to Do About Them appeared first on RISMedia's Housecall. After all, it’s one of the most critical aspects of your home.

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Residential Closing As-is 86

Sotheby's International Real Estate

JANUARY 20, 2022

This brand new, magnificent property for sale in Ordino is in an exclusive residential area located in the middle of nature with breathtaking views. It is located very close to the center of the parish and just a few minutes from the cable car that gives access to the Vallnord ski slopes.

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Principal Residential Development Branding 96

Housing Wire

MARCH 20, 2024

Ally Home , the residential mortgage lending arm of Ally Bank , is offering a $5,000 grant for eligible homebuyers in the select markets of Charlotte, Detroit and Philadelphia, the company announced on Tuesday. The upfront lump sum can be applied toward a down payment, closing costs or other expenses related to the homebuying process.

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Banks Closing costs Lending Equity 361

Housing Wire

APRIL 13, 2023

The purchase, which includes the bank’s consumer-direct technology platform, is expected to close in the second quarter of 2023. The BNC platform is expected to transition to the First Federal branch within a few months of closing. Terms of the transaction were not disclosed. The bank’s production volume more than halved to $1.04

Banks 365

Banks Mortgages Loan Officer Residential 365

Housing Wire

FEBRUARY 7, 2023

Digital closing platform Snapdocs announced on Tuesday that it has completed its integration with Mortgage Cadence, a cloud-based digital lending platform. This integration will enable lenders to finalize closing documents using Snapdocs within Mortgage Cadence’s loan origination system (LOS).

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Mortgages Lending Loans Technology 331

Housing Wire

JANUARY 3, 2024

The 30-year fixed mortgage rate closed 2023 at 6.76%, more than one percentage point lower than its October peak of 7.9%, according to Joel Kan, MBA’s vice president and deputy chief economist. Mortgage applications decreased 9.4% for the week ending Dec. The share of Federal Housing Administration (FHA) loan activity decreased to 14.5%

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Mortgages VA loan FHA loan Loans 355

Housing Wire

JUNE 7, 2022

New York-based AmTrust Title Insurance Company on Tuesday introduced MidPoint , its new title closing solution enabling title agents to work outside their geographic areas to serve clients nationwide. AmTrust Title is a wholly owned subsidiary of AmTrust Financial Services, Inc.

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Title Title search Closing Commercial 331

Housing Wire

JULY 18, 2023

In recent weeks the brokerage has welcomed brokers and agents who have collectively closed over $110 million in the last 12 months, the company claims. Garza is joining The Agency after nine years at Rogers Healy Associates , where she closed $20 million in sale volume last year. He closed $23 million in sales volume in 2022.

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Agents Loan Officer Principal Brokerage 362

Housing Wire

MARCH 21, 2024

Adding his leadership skills will be beneficial at a time when Planet is looking to differentiate itself with various purchase loan products, one-time-close construction loans and other niche programs, the company stated.

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Lending Sales Commercial Loans 344

Housing Wire

MAY 24, 2021

It’s the moment everyone fears: in the frenzy to close a house sale, commitment to fraud preventions falters. The pandemic accelerated the use of digital tools and platforms to effect closings, while also tangling many house sales in a patchwork of paper and online functions.

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Title Residential Equity Closing 406

Housing Wire

MAY 3, 2023

. “Our collaboration will enable us to leverage our strengths and expertise to deliver a digitally integrated and secure closing experience that is sure to exceed buyer expectations.” ” With this partnership, Stavvy and WFG are aiming to provide clients with digital closing solutions and a seamless closing experience.

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Title Lending Technology Commercial 344

Housing Wire

JANUARY 12, 2024

The value of all residential real estate worldwide is approximately $200 trillion. The numbers are staggering so it is no surprise that residential proptech is a heady market, capturing the imagination of entrepreneurs and institutions alike. Of this, the U.S. accounts for approximately 23%. Every year, transaction volume in the U.S.

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Finance Principal Residential Development 367