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Opinion: Why we should implement a mortgage marketplace model

Housing Wire

Marketplace model By differently, I mean delivering mortgage lending at scale to consumers so that the four flashing Maybes are solved. To our way of thinking, the model that suits modern mortgage lending to a ‘T’ is the marketplace model. Marketplaces are hubs of intentionality. If so, you already know it isn’t rocket science.

Mortgages 411
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Opinion: Local MLS broker marketplaces, rules equitably advance American homeownership

Housing Wire

In reality, consumers are better off and business competition thrives very much because of NAR’s rules and how well local Multiple Listing Service (MLS) broker marketplaces function. These virtual marketplaces provide efficiency, transparency and accurate information to facilitate home transactions.

MLS 462
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Opinion: Are we facing the end of the Realtor marketplace?

Housing Wire

I have spoken numerous times over the past 35 years about the fairness and efficiency of what I refer to as the Realtor marketplace , which is a combination of a multiple listing service with Realtor association oversight, supported by a majority of brokerage firms and sales agents. National portals as a replacement? There are many unknowns.

MLS 427
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Reggora launches appraisal marketplace with ‘Uber-style’ algorithm

Housing Wire

Appraisal management software company Reggora announced this week the launch of its Appraisal Marketplace, which leverages data managed by the company in an effort to improve appraisal performance. By leveraging Reggora’s own data, its marketplace is aiming to improve the performance of the appraisal industry, the company said.

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A transparent foreclosure marketplace reveals hidden equity

Housing Wire

But given the intrinsically hidden nature of a foreclosure sale — before Auction.com, foreclosure sales were held at the county courthouse steps with little fanfare and minimal proactive marketing — a transparent, open marketplace for foreclosure sales has been key to ensuring all distressed homeowner equity is uncovered. “We

Equity 427
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MCT launches co-issue loan sales marketplace

Housing Wire

released a new marketplace for co-issue loan sales this week. The new marketplace, dubbed BAMCO, has been added to MCT’s whole loan trading platform. Mortgage hedge advisory and secondary marketing software firm Mortgage Capital Trading, Inc.

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Former Homesnap employees stole trade secrets over online marketplace tech, CoStar alleges

Housing Wire

Online real estate market provider CoStar Group has sued former Homesnap founder Guy Wolcott and three others for allegedly stealing trade secrets related to its online information platform feeding its various marketplace products, including Homes.com and Apartments.com , according to court documents obtained by HousingWire.