Housing Wire

JUNE 28, 2023

Zillow Group ’s attempt to streamline the home buying experience by offering all facets of the transaction process on one platform has hit a road bump. The real estate listing giant announced on Monday that it is sunsetting its title and escrow provider, Zillow Closing Services. “Integrating the real estate transaction to make buying and selling simpler for customers remains our core strategy and we believe offering title and escrow is a critical component,” a Zillow spokesperson wrote in an ema

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Closing Title Equity As-is 431

Real Estate News

JUNE 28, 2023

A former employee has filed a lawsuit alleging she was unfairly fired after ending a relationship with National Association of Realtors President Kenny Parcell.

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Housing Wire

JUNE 28, 2023

California-based real estate investing platform Peer Street, Inc. and 14 affiliated debtors filed for protection under Chapter 11 of the U.S. Bankruptcy Code in a court in Delaware on Monday, citing a challenging mortgage market and struggles to raise capital with venture capital funds. “Through its bankruptcy filing, PeerStreet will seek to sell substantially all of its assets, including, but not limited to, its mortgage loan assets and technology platform, in a series of transacti

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Bankruptcy Investor Loans Mortgages 428

Real Estate News

JUNE 28, 2023

In an email to clients, the company announced it is ending Zillow Closing Services because it isn’t the “tech-forward and integrated product” customers need.

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Closing Title 265

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Agents

Housing Wire

JUNE 28, 2023

Angel Oak Mortgage REIT has issued a $284.5 million non-QM securitization, which the company said marks an “inflection point” in its business. The company said it intends to use the capital to purchase more newly originated, high-coupon loans while continuing to manage liquidity. The securitization will also reduce Angel Oak’s whole loan warehouse debt by 45.6% from the first quarter of 2023, bringing the total reduction in the REIT’s whole loan warehouse debt since the end of Q3 202

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Mortgages Principal Loans 393

Real Estate News

JUNE 28, 2023

Buyers can save a ton of money by assuming a mortgage on a home purchased a year or two ago at ultra-low interest rates, but the process can be tricky.

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Mortgages 237

Keeping Current Matters

JUNE 28, 2023

You might be worried we’re heading for a housing crash, but there are many reasons why this housing market isn’t like the one we saw in 2008.

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Lending Marketing 196

Housing Wire

JUNE 28, 2023

United Wholesale Mortgage (UWM) announced this week that it has added four bank statement loan offerings for self-employed borrowers. To qualify for loans of up to $3 million with up to 90% loan-to-value (LTV), self-employed borrowers can now provide bank statements to verify income rather than tax returns, W2s or pay stubs. Depending on their FICO scores, loan amounts and debt-to-income (DTI) ratios, borrowers have the option to choose from four available bank statement loan options.

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Banks Loans Lending Mortgages 366

Inman

JUNE 28, 2023

The company intends to sell "substantially all of its assets," including its technology platform to pay creditors that include thousands of retail investors.

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Bankruptcy Investor Technology Industrial 154

Housing Wire

JUNE 28, 2023

Purchase mortgage applications increased for the third consecutive week, reaching the highest level of activity since early May, in spite of the 30-year fixed rate increasing slightly to 6.75%. For the week that ended June 23, mortgage applications climbed 3% from the prior week , according to data from the Mortgage Bankers Association. “Purchase applications increased for the third consecutive week to the highest level of activity since early May but remained more than 20% lower than year ago

Mortgages 366

Mortgages Loans Sales VA loan 366

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Loans

Inman

JUNE 28, 2023

The suit claims NAR fired a Black employee after she broke off a relationship with then-president-elect Kenny Parcell. NAR said it rejects the claims.

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Brokerage Industrial Agents 157

Housing Wire

JUNE 28, 2023

The easy choices have already been made: the low performers left many moons ago, the travel budgets have been slashed, and struggling branches have been sold to competitors or unceremoniously closed. For the mortgage industry, more often it’s about making the very hard choices these days – exiting a channel, deciding which star performer to let go, etc.

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Mortgages Loan Officer Loans Technology 365

Inman

JUNE 28, 2023

Jumbo loan rates are higher than conforming mortgages for the third week in a row as spread widens to 16 basis points, the latest MBA lender survey revealed.

Mortgages 151

Mortgages Loans Marketing 151

Housing Wire

JUNE 28, 2023

Texas-based Mr. Cooper Group has extended the deadline of its tender offer to acquire Home Point Capital ’s outstanding shares, the company announced on Wednesday. The offer, which was previously scheduled to end on June 27, will expire on July 21. The tender offer is part of Mr. Cooper’s agreement to acquire Home Point Capital, which also includes the payment of $324 million in cash.

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Principal Equity Loans Mortgages 279

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Sales

Inman

JUNE 28, 2023

In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price.

Agents 141

Agents 141

RIS Media

JUNE 28, 2023

The Realty ONE Group has announced it has signed an exclusive partnership with Dr. Eric Thomas (“E.T.”), a real estate coach, author and motivational speaker. Thomas will provide online coaching services through the ONE University (One.U) business coaching platform. According to the company, Dr. Thomas agreed to this arrangement after speaking at Realty ONE Group’s… The post Realty ONE Group Partners With Coach Dr.

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Industrial Agents 117

Inman

JUNE 28, 2023

Compass Luxury Division has teamed with Paris-based luxury firm BARNES International to develop a new referral program, according to the company. Agents from both brokerages will send and receive referrals from each other for an undisclosed fee.

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Brokerage Development Agents Industrial 137

Sotheby's International Real Estate

JUNE 28, 2023

Featuring curated videos from the most sought-after destinations the world over, discover this week’s Video of the Week.  Duck, North Carolina | Landmark Sotheby’s International Realty This beautiful Palmer’s Island oceanfront estate is just one of thirteen homes in a quiet neighborhood that spans one of the Outer Banks’ most exclusive and private stretches of shoreline.

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Banks 114

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

Agents

Inman

JUNE 28, 2023

In part two of the series, Eric Bramlett writes that measurement is critical over time to optimize content and delivery to generate leads, foster conversations and help you stand out among your peers.

Brokerage 134

Brokerage Agents Marketing 134

Bigger Pockets

JUNE 28, 2023

Miami has become the new Austin, and movers in the country's most notoriously expensive markets are taking notice. While the tax-free city seems financially sound on paper, what's the catch?

Marketing 109

Marketing 109

Inman

JUNE 28, 2023

According to Dallas real estate broker Jim Fite, mindset, planning and execution will help you navigate the current recession.

Brokerage 157

Brokerage Agents Marketing 157

RIS Media

JUNE 28, 2023

NAR’s Broker Engagement Program gives you exclusive access to networking opportunities, benefits and timely content to grow your business. Take advantage of these resources that impact your bottom line today and find solutions for strategic growth. Get started now here. The post NAR Broker Tip of the Month: Relevant, Ready-to-Use Resources for Your Firm appeared first on RISMedia.

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Industrial Agents 106

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

Agents

Inman

JUNE 28, 2023

More buyers today are moving because they have to. Here's what they look like — and how agents are courting their business in a down market.

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Agents Marketing 142

RIS Media

JUNE 28, 2023

The National Association of REALTORS® (NAR) has released its 2023 Community & Transportation Preferences Survey. The survey is a national poll taken every three years to gauge people’s partialities regarding their home’s location or potential location as well as community attributes they find desirable. The 2023 survey found that Americans living in walkable communities report… The post Report: Americans Prefer Walkable Communities appeared first on RISMedia.

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As-is Industrial Agents 102

Inman

JUNE 28, 2023

For too long, Mike DelPrete argues, legacy brokerages shrugged off their low-fee competitors. Some of those barbs haven't aged well.

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Brokerage 141

RIS Media

JUNE 28, 2023

Consumer confidence rose to 109.7 in June, up from 102.5 in May—the highest recorded reading since January 2022, according to the latest data from The Conference Board. The Consumer Confidence Index details consumer attitudes, buying intentions, vacation plans and consumer expectations for inflation, stock prices and interest rates to determine business conditions.

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Industrial Agents Marketing 96

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Agents

Inman

JUNE 28, 2023

Author and coach George Mantor shares his insights about what he has learned this year about the market, and how he feels agents should adjust their mindset to work in any cycle of ups or downs.

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Marketing Agents Brokerage 119

RIS Media

JUNE 28, 2023

NAR PULSE—With NAR + Photofy you and your agents can commemorate holidays and celebratory months, like Homeownership Month and Independence Day, with a quick, personalized social media post through the app. Download the free Photofy app today and share with your agents! AI-Powered Video Scripts from RPR® Now with RPR®’s new ChatGPT integration, your agents… The post Connect With Clients in Just One Click appeared first on RISMedia.

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Agents Industrial Marketing 89

Inman

JUNE 28, 2023

Corcoran Baer and McIntosh will expand into Sea Girt, New Jersey, with the acquisition of Ocean Pointe Realtors, the company exclusively told Inman.

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Brokerage 128

Maximum Exposure Real Estate

JUNE 28, 2023

What is The Cost of Pumping a Septic Tank? The typical septic tank pump costs between $200-$500. We will explore in detail all the factors that impact pumping costs. Maintaining a healthy and functional septic system is crucial for adequately disposing of wastewater from residential and commercial properties. Regular septic tank pumping is essential to […] The post How Much Do Septic Tank Pumpers Charge appeared first on Maximum Real Estate Exposure.

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Commercial Residential 98

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.

Sales