Housing Wire
JANUARY 10, 2024
Despite an uptick in mortgage rates at the beginning of 2024, mortgage demand surged after adjusting for the holiday. Mortgage applications increased 9.9% for the week ending Jan. 5 compared to one week earlier, according to data from the Mortgage Bankers Association (MBA). The 30-year fixed mortgage rate averaged 6.62% as of Jan. 4, according to Freddie Mac ’s Primary Mortgage Market Survey.
Real Estate News
JANUARY 10, 2024
The brokerage’s new Private Label initiative gives teams access to Real’s platform and revenue sharing model while maintaining their independent brand.
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Housing Wire
JANUARY 10, 2024
The U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) on Tuesday released its priority open recommendations report, submitted to HUD Secretary Marcia Fudge designed to highlight as-yet unaddressed risks in the management of the department. “The report highlights for HUD leadership 35 open recommendations from OIG reports that, if implemented, will help HUD address its most serious management challenges and enhance critical aspects of its operations,” th
Real Estate News
JANUARY 10, 2024
For the second year in a row, the Swanepoel Power 200 designated Sue Yannaccone, Anywhere Brands president and CEO, as the most powerful female leader.
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Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.
Housing Wire
JANUARY 10, 2024
University Bank ’s reverse mortgage division has added four key hires across different disciplines as it prepares to grow further in the reverse mortgage space. Jake Droge joins the company as a loan officer, while Carol Olmos has joined the company as an account executive. Both Droge and Olmos come to University Bank from Open Mortgage , which shuttered its own top 10 reverse mortgage lending division late last year.
Keeping Current Matters
JANUARY 10, 2024
If you’re getting ready to buy a home, it’s exciting to jump a few steps ahead and think about moving in and making it your own.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
JANUARY 10, 2024
Fannie Mae’s Home Purchase Sentiment Index closed out the year on a relative high note as borrowing costs fell.
Housing Wire
JANUARY 10, 2024
Most agents seldom sell homes, according to a new study published by the Consumer Federation of America last week. The study, CFA’s third of three on this topic, suggests that a significant portion of agents in the U.S. sell at most five homes in a year. It relies on examinations of agents’ sales for five major real estate firms in each of four geographic areas; out of a sample of 2,000 agents, 100 were selected randomly from each firm in each area.
Real Estate News
JANUARY 10, 2024
Cases filed in Arizona and Illinois target At World, Realty One, HomeSmart, Realty Executives and several local firms and Realtor associations.
Housing Wire
JANUARY 10, 2024
TransUnion released a new portfolio management solution designed to help lenders assess the riskiness of a portfolio from a property value perspective, the company announced on Wednesday. TruVision Consumer Property Insights’s mission is to help protect both lenders and borrowers from the potential risks associated with property value fluctuations, the company said.
Advertiser: Trellis
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
Inman
JANUARY 10, 2024
The defendants point to "legal errors at trial" they say justify setting aside the jury's historic, multi-billion-dollar verdict and giving the defendants another chance to make their case in court.
Housing Wire
JANUARY 10, 2024
Enterprise Community Partners announced on Wednesday the appointment of Kari Downes to the position of president at its housing credit investments business, effective April 1. Downes, who currently serves as Enterprise Housing Credit Investments EVP, will succeed current president Scott Hoekman who has spent the past 30 years at Enterprise. In addition to serving as president, Downes “will also serve as a member of the leadership team of Enterprise’s Capital division, which collectively oversees
Inman
JANUARY 10, 2024
More than 30 proptech leaders who responded to the Inman Intel Index monthly sentiment survey signaled the areas where they believe artificial intelligence will most change real estate in 2024.
Housing Wire
JANUARY 10, 2024
Guild Mortgage has filed a petition in a district court in Washington to confirm a $10.7 million award resulted from an arbitration dispute against three former employees accused of poaching when they transitioned to rival CrossCountry Mortgage. The case began in August 2021 when Guild filed a demand for arbitration claiming Christopher Flowers, Cory Flynn and Lisa Jolliffe, who left the Kirkland branch weeks before joining CCM, allegedly “engaged in a massive, coordinated effort to di
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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.
Inman
JANUARY 10, 2024
As part of its ongoing effort to market alternatives to affiliating with legacy real estate brands, publicly traded The Real Brokerage has announced two new forms of partnership, Private Label and ProTeams.
Housing Wire
JANUARY 10, 2024
HomeEquity Bank , Canada’s leading reverse mortgage lender and a federally regulated bank, recently announced the hiring of former Canadian Broadcasting Corporation (CBC) news anchor Peter Mansbridge to serve as its strategic communications consultant. Mansbridge served as the lead anchor for CBC News’ “The National,” its flagship broadcast, from 1988 to 1992, and then from 1995 until his retirement in 2017.
Inman
JANUARY 10, 2024
Adaptive authentication is at the heart of the system, a form of user identification that applies at random one of many factors to verify the request for access, such as location, device status and even the individual’s recent online behavior.
Housing Wire
JANUARY 10, 2024
Software development company Blue Sage Solutions has launched a new servicing platform that merges loan origination and servicing functions using API-based technology. Blue Sage Solutions’s primary product offering is a cloud-based digital lending platform designed to operate in the retail, wholesale, and correspondent lending channels while ensuring compliance.
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.
Inman
JANUARY 10, 2024
Words are very powerful, writes broker Joseph Santini, so choose them carefully. You'll enjoy the rewards of great communication and more success in your business and your life.
Housing Wire
JANUARY 10, 2024
You’re excited to get your next listing on the market, but now you’re feeling the pressure to do an amazing job for your sellers, who have put their trust in you and are excited about making a move. All sellers expect the same things from you, whether they’re a repeat client, a referral, relocating executive, a luxury home owner or a first-time seller.
Inman
JANUARY 10, 2024
Demand for purchase loans picked up last week as would-be homebuyers took advantage of rates that are still a full percentage point lower than 2023 highs.
Housing Wire
JANUARY 10, 2024
Like the corporate brokerage defendants in the Sitzer/Burnett commission lawsuit , the National Association of Realtors also filed post-trial motions. The motions were filed on Monday prior to the filing deadline, but they did not appear on the court docket until Tuesday evening. The trade group joined defendants HomeServices of America and Keller Williams in filing motions for judgement as a matter of law and a new trial.
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.
Inman
JANUARY 10, 2024
Members already reeling from a series of accusations and leadership changes told Inman Tracy Kasper's resignation as president after less than five months doesn't bode well for NAR's reputation.
Housing Wire
JANUARY 10, 2024
AutomatIQ Borrower from CoreLogic is a one-stop borrower verification and qualification platform. The platform was built focused on two key aspects: what data do lenders need, and why do lenders need this data? Lenders need answers to three key questions: Does the borrower have the capacity to pay? Does the borrower have the propensity to pay? Does the borrower have the ability to pay?
Inman
JANUARY 10, 2024
Nearly half of real estate agents sold next-to-nothing last year, writes mega-team leader Carl Medford. He shares strategies to help you turn disappointment into success in 2024.
Housing Wire
JANUARY 10, 2024
Nonbank mortgage lender and servicer Pennymac Financial Services scrapped its plans to hire more than 300 staff in North Carolina due to prolonged periods of elevated interest rates. In 2021, Pennymac vowed to create 322 jobs in Wake County, North Carolina and invest $4.3 million into Pennymac Loan Services, its mortgage lending subsidiary, to establish a mortgage fulfillment production center in Cary, North Carolina.
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Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.
Inman
JANUARY 10, 2024
RE/MAX CEO Nick Bailey says it's time to change the narrative on homeownership as a viable possibility for many Americans. Education and solutions-oriented service can help buyers find a workable path to the closing table.
RIS Media
JANUARY 10, 2024
The new security platform features adaptive authentication and leverages multi-factor authentication to offer MLSs a highly fortified defense against cyber threats. CoreLogic has announced a new offering to its Clareity security solutions for Multiple Listing Services by launching Clareity Assure™, now available to all MLSs. The new, advanced security platform features adaptive authentication and leverages… The post CoreLogic Unveils Clareity Assure for Advanced MLS Security appeare
Inman
JANUARY 10, 2024
Pacaso has properties in Mexico, the United Kingdom, Spain and now France, as the second home marketplace has acquired its first property in Paris’ 7th arrondissement, according to a January 10 press release sent to Inman.
RIS Media
JANUARY 10, 2024
Brokers are more optimistic about the market now, and are less worried about some of the more high-profile challenges of 2023 going into the new year, according to RISMedia’s latest Broker Confidence Index (BCI), with an uptick in broker sentiment to mark the end of last year. Similar to the pattern observed in 2022, the… The post Brokers Shrug Off Legal, Tech Threats in 2024 appeared first on RISMedia.
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.
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