Housing Wire

APRIL 24, 2024

Two former New Jersey -based mortgage loan originators have been charged with conspiracy to commit bank fraud by the U.S. Attorney’s Office, District of New Jersey according to an announcement by the U.S. Department of Justice (DOJ) and U.S. Attorney Philip Sellinger. Christopher Gallo has been noted as a top-producing loan originator, at one point being Scotsman Guide ‘s fourth-ranked LO in the country.

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Mortgages Loans Banks Finance 542

Real Estate News

APRIL 24, 2024

At the T3 Leadership Summit, Rich Barton discussed what’s in store for Zillow and the industry — and encouraged the audience to “resist the urge to chaos.

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Industrial 269

Housing Wire

APRIL 24, 2024

The rental segment has been marked by strong demand and looks to continue on this trajectory given mortgage rates that continue to hover around 7% and record property prices across many U.S. regions. In spite of some slowdown, rents have continued to appreciate, being nearly 30% higher than prior to the pandemic, with February levels up 3.5% as compared to the previous year.

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Marketing Investor Technology Industrial 450

Keeping Current Matters

APRIL 24, 2024

If you’ve been keeping up with the news lately, you’ve probably come across some articles saying the number of foreclosures in today’s housing market is going up.

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Marketing 236

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Housing Wire

APRIL 24, 2024

The Consumer Financial Protection Bureau (CFPB) on Wednesday released a new edition of its Supervisory Highlights publication, which includes the agency’s actions to combat what it calls “ junk fees charged by mortgage servicers , as well as other illegal practices.” Examinations conducted by the bureau found mortgage servicers levied charges it deems “illegal,” including prohibited property inspection fees, the issuance of “deceptive” notices to borrowers, and violations of loss-mitigation rule

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Mortgages Inspection 450

Real Estate News

APRIL 24, 2024

Awards recognize residential real estate brokerage sites for excellence in website design, functionality and performance.

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Residential Brokerage Design 270

Real Estate News

APRIL 24, 2024

The brokerages are the first to settle following preliminary approval of the NAR agreement by a Missouri judge earlier this week.

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Brokerage 252

Housing Wire

APRIL 24, 2024

The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced new initiatives to bolster community protections against severe heat, an issue that has become more common nationwide. “For the first time in its history, HUD published a webpage on Extreme Heat that serves as a hub highlighting actions communities can take to prepare and respond to extreme heat events and available resources to help fund climate resilience projects,” the department said.

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Development Design Marketing As-is 435

Real Estate News

APRIL 24, 2024

The court approved an April 19 request filed by the Gibson and Umpa plaintiffs to merge the lawsuits, which were both under the purview of Judge Stephen Bough.

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Housing Wire

APRIL 24, 2024

Mortgage lenders should get used to the concept of ”higher for longer” interest rates and work to bring profitability to their businesses, according to Stan Middleman, founder, president and CEO at Freedom Mortgage. ”Your interest rates are going to be higher for longer ,” he said. ”This year will look a lot like last year. Next year is going to look a lot like this year.

Debt-to-income ratio 432

Debt-to-income ratio Mortgages Loans Finance 432

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Loans

Inman

APRIL 24, 2024

Agent optimism over future buyer pipelines fell from 44 percent before the deal to 27 percent afterward — one of the starkest monthly shifts in sentiment that Intel has recorded in the last year.

Agents 186

Agents Brokerage Marketing 186

Housing Wire

APRIL 24, 2024

Figure Technology Solutions , the parent company of Figure Lending LLC , named Michael Tannenbaum as its new CEO, the company announced on Tuesday. Tannenbaum will also be a member of the board of directors. Meanwhile, Mike Cagney, the company’s co-founder and previous CEO, will continue to serve as executive chairman of the company. “With its proven ability to develop cutting-edge technological solutions to streamline the HELOC lending process, Figure has cemented itself as one of the most exci

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Lending Technology Design Finance 427

Inman

APRIL 24, 2024

Buyers and sellers are confused about the new rules of the road. Trainer Bernice Ross and Jeff Lobb discuss how agents can change up the conversation and add clarity and confidence.

Brokerage 184

Brokerage Agents MLS 184

Housing Wire

APRIL 24, 2024

Pennymac Financial Services earned a profit of $39.3 million in the first quarter of 2024, the California -based multichannel lender and servicer announced Wednesday. The company’s pretax gain in the first quarter was $43.9 million. That was less than the $38.1 million figure it posted during the same period last year but a significant improvement from the pretax loss of $54.2 million it incurred in fourth-quarter 2023.

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Lending Loans Principal Mortgages 421

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Sales

Inman

APRIL 24, 2024

Each month, the trade group publicly reports the size of its ranks and other data on its official website. But as recently as this month, state-by-state and national data is nowhere to be found.

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As-is MLS 181

Housing Wire

APRIL 24, 2024

Hilary Saunders speaks at The Gathering by HousingWire on Monday, April 22. Photo credit: AJ Canaria Hilary Saunders , the co-founder and chief broker officer at Side , sees the current challenges facing the real estate industry as yet another opportunity for brokerage models to further evolve. “I think what we are definitely going to see is a fall-off of the old way of doing things,” Saunders told attendees at HousingWire ’s The Gathering.

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Brokerage Staging Agents Industrial 421

Inman

APRIL 24, 2024

Fannie Mae and MBA economists are now in agreement that mortgage rates will come down only gradually this year and next but that home price appreciation will slow.

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Mortgages Sales Marketing 183

Housing Wire

APRIL 24, 2024

Few cities have benefited as much from the recent trend of Americans increasingly moving south as Dallas. The Dallas-Fort Worth-Arlington metro area had the largest increase in population count between 2021 and 2022 of any metro area in the country, adding more than 170,000 people , according to the U.S. Census Bureau. That’s a lot of new Texans in a state that already has three of the nation’s 10 largest cities.

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Brokerage Marketing MLS Mortgages 414

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

APRIL 24, 2024

Requests for purchase loans were down 1 percent week over week and 15 percent from a year ago, according to the latest Mortgage Bankers Association survey.

Mortgages 178

Mortgages Loans Marketing 178

Housing Wire

APRIL 24, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. While the real estate industry is forever in flux, one constant is that it’s a relationship business. One of the biggest challenges for agents is finding new clients and staying top-of-mind until they are ready to buy or sell.

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MLS Branding Land Agents 413

Inman

APRIL 24, 2024

Two years after taking the helm, California Association of Realtors CEO John Sebree has stepped down from his post. His resignation went into effect immediately, with C.A.R. subsidiary Real Estate Business Services (REBS) CEO Debra Ferrier taking over as interim CEO as the Association launches a nationwide search for a new leader.

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MLS Marketing 165

Housing Wire

APRIL 24, 2024

Florida -based wholesale lender A&D Mortgage appointed Satish Vishwakarma to the role of servicing manager, the company announced on Tuesday. In this new role, Vishwakarma will be responsible for overseeing the day-to-day operations of the mortgage servicing department. He will ensure the successful management of mortgage servicing teams while leading efforts to streamline operations, enhance quality and reduce costs.

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Mortgages Agents 412

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

APRIL 24, 2024

Demand for some of the most exclusive luxuries remains, even as the city of San Francisco itself grapples with plunging home prices and an all-time high in office vacancies.

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Housing Wire

APRIL 24, 2024

Seniors could choose to employ home equity through a reverse mortgage or other equity-tapping product to manage a series of expenses in retirement , but when it comes to managing their tax burden , it can get more complicated. Steve Resch, vice president of retirement strategies at industry-leading lender Finance of America Reverse (FAR), told Financial Advisor that the utility can vary when it comes to tax savings.

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Equity Loans Finance Mortgages 411

Inman

APRIL 24, 2024

Mortgage lenders using AskMax no longer need to be database engineers. They can ask for — and receive — business intelligence in plain English.

Lending 163

Lending Mortgages Technology 163

Housing Wire

APRIL 24, 2024

As any professional involved in it will know, bringing new people into the fold of the reverse mortgage business can be a difficult task. Reputational challenges , the narrow focus of the product and low mortgage market penetration are just a few of the reasons why. With the right ambassador, that task is made simpler. The partner engagement program at Finance of America Reverse (FAR) aims to bring new people and professional relationships into the orbit of the nation’s top reverse mortgage lend

Mortgages 410

Mortgages Loan Officer Principal Loans 410

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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.

Agents

Inman

APRIL 24, 2024

Industry expert Mike DelPrete looks at CEO compensation for some of the biggest names in real estate and how it relates to company performance.

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Industrial Brokerage 164

Housing Wire

APRIL 24, 2024

Multichannel lender American Financial Resources (AFR) appointed Michael Brenning as its head of production and Brian Collins to the role of executive vice president of capital markets, the company announced Tuesday. Brenning will be responsible for driving loan volume growth and enhancing sales productivity. Most recently, he served as the president of Fairway Central at Fairway Independent Mortgage Corp.

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Lending Investor Technology Mortgages 371

Inman

APRIL 24, 2024

Conrad Miller shares what the right brokerage can do for your professional growth and personal satisfaction at every stage of your real estate career.

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Brokerage Staging Agents 141

Housing Wire

APRIL 24, 2024

Another brokerage has decided to settle the commission lawsuits. Chicago-based At World Properties , which own @properties and Christie’s International Real Estate , has agreed to settle the nationwide class-action antitrust claims brought by home sellers. According to the firm, the settlement agreement covers all company-owned brokerages including all those under the @properties, Christie’s International Real Estate, Ansley Real Estate and Sereno brands, as well as independently owned brokerage

Brokerage 348

Brokerage MLS Branding Agents 348

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