Housing Wire

MAY 17, 2024

The National Reverse Mortgage Lenders Association (NRMLA) this week announced that Jonathan Scarpati, senior vice president of wholesale production at Finance of America (FOA), has joined its board of directors for the remainder of the 2024 term. Scarpati is a 20-year reverse mortgage industry veteran, having joined Senior Lending Network in 2003 as vice president of sales for the company’s wholesale and lead distribution divisions.

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Equity Finance Lending Industrial 344

Real Estate News

MAY 17, 2024

President and CEO Mark Willis called the move “unprecedented," and said the vote by the company’s agent-led IALC passed by an “overwhelming majority.

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Agents 233

Housing Wire

MAY 16, 2024

United Wholesale Mortgage (UWM) has launched a new service to handle all the title work for its brokers on refinancings. As a result, brokers no longer need to deal with a title company or settlement agent to close a refi. The top U.S. mortgage lender announced the service on Thursday during an annual meeting with its broker partners in Pontiac, Michigan.

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Title Loans Mortgages Closing 423

Real Estate News

MAY 15, 2024

Sentiment drops for the first time since November, with persistent inflation and concerns about new federal rules dampening builders’ outlook.

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Keeping Current Matters

MAY 16, 2024

There’s no denying the last couple of years have been tough for anyone trying to buy a home because there haven’t been enough houses to go around.

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Sales 231

Inman

MAY 15, 2024

Homebuyers have yet to respond in force to drop in rates, which have been in retreat from 2024 highs for three consecutive weeks following Fed easing and soft jobs and CPI reports.

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Mortgages Marketing 174

Housing Wire

MAY 14, 2024

A report released this week by St. Louis-based Clever Real Estate found that recent homebuyers, as well as people who are considering a home purchase in the next year, are experiencing a laundry list of difficulties. Last month, Clever surveyed a total of 920 Americans about their views of the home purchase process and real estate agents. The respondents included 420 people who bought a home in 2023 or 2024, and another 500 who plan to do so in 2024 or 2025.

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Seller concession Agents Brokerage Mortgages 457

Keeping Current Matters

MAY 17, 2024

While renting may be less expensive in some areas right now, there are two big benefits homeownership provides that renting can’t.

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Inman

MAY 15, 2024

On the heels of the National Association of Realtors’ midyear meeting, broker-owner Teresa Boardman wonders why NAR doesn’t livestream (and engage) more members.

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Brokerage Agents 180

RIS Media

MAY 16, 2024

Escrow holdbacks and repair escrows are common tools in real estate transactions, used to facilitate smooth property transfers under certain conditions. These financial arrangements help manage and mitigate risks associated with property conditions at closing. I will clarify the distinctions and similarities between escrow holdbacks for repairs and other types of escrow accounts.

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Closing Title Finance Industrial 124

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.

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Housing Wire

MAY 14, 2024

Despite persistently high interest rates , big four title firm Fidelity National Financial recorded a much stronger start to 2024 than it did a year ago. In first-quarter 2024 , Fidelity reported total revenue of $3.299 billion, up from $2.474 billion a year ago. Its net earnings were $248 million, compared to a $59 million net loss in Q1 2023. The firm attributed its stronger results to better performance from both its F&G segment and its title insurance segment.

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Title Commercial Land Investor 438

Real Estate News

MAY 16, 2024

Will Homes.com sell buyer agent leads? “Never,” says Andy Florance, who believes all the portals will eventually move to “your listing, your lead.

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Agents 232

Keeping Current Matters

MAY 15, 2024

Having a hard time finding a first home that's right for you and your wallet?

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Inman

MAY 13, 2024

Ready to transform the way you communicate your value to clients? Marketing expert Marci James helps you reshape the agent-client relationship by prioritizing clear communication and exceptional results.

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Marketing Agents MLS Brokerage 181

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RIS Media

MAY 15, 2024

Reliance has announced its newest partnership with Intero Real Estate Services: designing and launching the Northern California-based real estate company’s new website, which includes a Hyperlocal MLS search experience. “It is a true honor to partner with a company like Intero whose name has become synonymous with the top agents in the business,” said Sean… The post Reliance Designs New Website for Intero Real Estate Services appeared first on RISMedia.

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Design MLS Agents Technology 124

Real Estate News

MAY 14, 2024

The latest data points to some easing, but payments could hit a new peak later in the year. Regionally, payments are down in areas with rising inventory.

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Keeping Current Matters

MAY 14, 2024

Selling your house is a big decision.

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Agents 254

Inman

MAY 16, 2024

May 6 remarks from Anthony Lamacchia spurred at least one NAR midyear attendee to leave the MLS Forum in protest, others to hurl steering accusations, and NAR's senior counsel to intervene.

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MLS Brokerage Agents 156

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RIS Media

MAY 16, 2024

In an unexpected move last week but made public May 16, Christy Budnick announced that she was stepping down June 3 as CEO of HSF Affiliates, the franchisor of Berkshire Hathaway HomeServices (BHHS). The company said that Gino Blefari would return as CEO of HSF Affiliates, adding to his position as CEO of HomeServices. Additionally,… The post Budnick Out, Blefari Returning as CEO at HomeServices of America appeared first on RISMedia.

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Industrial Agents 118

Housing Wire

MAY 16, 2024

Proptech firm RealReports unveiled a new feature for its AI-powered assistant, Aiden, the company announced on Thursday. The new feature harnesses the capabilities of multimodal artificial intelligence to instantly analyze and summarize complex property documents, including inspection reports, appraisals and seller disclosures. Multimodal AI technology allows advanced artificial intelligence systems to process and integrate various types of data inputs — including text, images and audio.

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Seller disclosure Brokerage Inspection Technology 391

Real Estate News

MAY 15, 2024

Rates have gone up considerably in the past few years, but is the fear of losing a low-rate mortgage really keeping homeowners from selling?

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Mortgages Marketing 244

Eye on Housing

MAY 13, 2024

As described in a previous post, NAHB recently released its 2024 Priced-Out Estimates showing 103.5 million households are not able to afford a median priced new home and an additional 106,031 households would be priced out if the price goes up by $1,000. This post focuses on the related U.S. housing affordability pyramid, showing how.

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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

MAY 13, 2024

The lawsuit filed last week alleges that the city of LA took part in "backroom machinations" in order to landmark a house that does not meet criteria for status as a historic cultural monument to "arrange the desired outcome.

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Design 171

RIS Media

MAY 15, 2024

As mortgage rates rose back above 7% in April, and remain high despite a recent decrease, homebuilders are pulling back their hopes for the housing construction market, according to the latest National Association of Home Builders (NAHB) data. The NAHB/Wells Fargo Housing Market Index (HMI) for May registered at 45, six points down from the… The post Mortgage Rates Continue to Plague Homebuilder Confidence appeared first on RISMedia.

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Mortgages Construction Marketing Industrial 122

Housing Wire

MAY 13, 2024

A recently published report by the Financial Stability Oversight Council (FSOC) identified vulnerabilities at nonbank mortgage servicers that pose risks to financial stability. It recommended increased regulation and initiatives to improve these companies’ liquidity during moments of stress, but mortgage trade groups have different reactions to the proposals.

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Bankruptcy Finance Mortgages Banks 439

Real Estate News

MAY 16, 2024

Squint and you can see a bright side as housing starts bounce back and mortgage rates drop a bit (but stubbornly stay above 7%).

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Mortgages 236

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

Maximum Exposure Real Estate

MAY 13, 2024

Your Spring Home Maintenance Checklist Would you like a spring home maintenance checklist to ensure things around your property are handled? As a homeowner, you always have plenty to do to care for your home. But there are better tasks during certain times of the year, and Spring is no exception. Some maintenance tasks should […] The post 21 Tasks For Spring Home Maintenance: Tips You’ll Love appeared first on Maximum Real Estate Exposure.

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As-is Marketing 126

Inman

MAY 14, 2024

Judge Stephen R. Bough said payouts and practice changes in NAR's deal, added to those in the Keller Williams, Anywhere and RE/MAX settlements, represent "substantial benefits" for sellers.

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Brokerage Agents 160

RIS Media

MAY 15, 2024

Mortgage applications saw a slight increase of 0.5% from last week’s bump of 2.6%, according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending May 10, 2024. This week’s numbers: The Market Composite Index, a measure of mortgage loan application volume, increased 0.5% on a seasonally adjusted… The post Mortgage Applications See Second Week of Increases appeared first on RISMedia.

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Mortgages Loans Marketing Industrial 122

Housing Wire

MAY 15, 2024

From 2010 to 2024, the reverse mortgage industry sought to allow remote reverse mortgage counseling in the state of Massachusetts, citing an insufficient number of actual counselors and logistical challenges for senior clients. But as time dragged on and state lawmakers seemed unwilling to seriously entertain the proposal, the ravages of the COVID-19 coronavirus pandemic helped to change the dynamics of the situation.

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Mortgages Banks Industrial Loans 409

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