Housing Wire

SEPTEMBER 24, 2023

The 10-year yield fell on Friday, bringing some relief, but we got very close to yearly highs for mortgage rates. It’s been hard to grow the housing supply this year as home sales are stable compared to last year’s massive collapse in demand. Mortgage rates did find some relief on Friday as bond yields headed lower. 15: 61,852 Sept.

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Closing Mortgages Sales As-is 448

Housing Wire

NOVEMBER 17, 2023

pending-home sales rose 1% month over month in October to a seasonally adjusted annual rate of 401,000, the highest level in a year. Although pending sales fell 4.8% Here’s a look at why pending-home sales picked up: The number of existing homes listed increased in October, giving buyers more options to choose from.

Purchase and sale agreement 409

Purchase and sale agreement Sales Closing costs Closing 409

Housing Wire

DECEMBER 20, 2023

Sales of existing-homes inched up in November, breaking a streak of five consecutive monthly declines. While sales are still tracking below last year’s levels, the gap between 2022 and 2023 has narrowed considerably. Existing-home sales grew 0.8% Existing-home sales grew 0.8% Looking at the four major U.S.

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Sales Fixed-rate mortgage MLS Mortgages 398

Housing Wire

APRIL 1, 2024

In March 2022, reverse mortgage lender and servicer Longbridge Financial announced the launch of its national field sales (NFS) division , appointing reverse mortgage industry veteran Melanie Parks to lead the channel as vice president and national field sales leader. Two years later, the UPB has diminished right.

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Sales Loan Officer Principal Loans 360

Housing Wire

FEBRUARY 8, 2024

E-signature company DocuSign laid off 6% of its workforce, or about 400 employees, following reports that the fintech company’s talks in exploring a sale have stalled. A majority of the impacted positions came from the company’s sales and marketing organizations, the company said. DocuSign’s market capitalization is close to $10.5

Sales 408

Sales Banks Technology Investor 408

Housing Wire

APRIL 3, 2023

Rocket Mortgage is throwing a big incentive at spring homebuyers, offering them up to $10,000 in closing cost credits if they work with a real estate agent through its affiliate, Rocket Homes. of their loan amount to put toward closing costs, helping defray upfront costs.

Closing costs 393

Closing costs Closing Agents Mortgages 393

Housing Wire

AUGUST 9, 2022

The decision to close the channel also reflects fierce competition from its peers in the broker space, primarily from United Wholesale Mortgage (UWM). The gain-on-sale margin also nosedived to 1.16% in the second quarter, down from 1.96% in the previous quarter. The announcement on Tuesday came alongside a $223.8 billion and $10.5

Closing 475

Closing Principal Lending Loans 475

Housing Wire

NOVEMBER 15, 2023

However, as mortgage rates stabilize and home sellers adapt, “Existing-home sales will rise by 15% next year,” Yun said. By the end of 2023, year-over-year home sales will likely fall by 18% after a 17% decline from 2021 to 2022, Yun noted. In 2023, new-home sales are up 5% year to date, Yun said.

Sales 454

Sales New Construction Staging Mortgages 454

Housing Wire

NOVEMBER 21, 2023

Elevated mortgage rates and high home prices pushed sales of existing homes down again in October to the lowest monthly pace since August 2010. Existing-home sales dropped 4.1% Compared to October 2022, existing home sales slumped 14.6%, down from 4.44 Compared to October 2022, existing home sales slumped 14.6%, down from 4.44

Sales 399

Sales Mortgages Closing As-is 399

Housing Wire

OCTOBER 12, 2023

Bankrupt retail lender AmeriFirst Financial is seeking approval for a private sale of loans from a Delaware bankruptcy judge to pay off two warehouse lenders and fund restructuring costs. Law360 and National Mortgage News first reported on AmeriFirst’s motion seeking approval of loan sales. million to Centier Bank.

Loans 396

Loans Bankruptcy Sales Commercial 396

Housing Wire

DECEMBER 17, 2021

Nominations for the 2022 HousingWire Tech100 Mortgage and Tech100 Real estate are closing today. The Tech100 Mortgage Award recognizes the companies and solutions that are revolutionizing the mortgage process – from origination to closing, and servicing to secondary markets. The post 2022 Tech100 nominations are closing soon!

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Closing Technology Mortgages Agents 371

Housing Wire

SEPTEMBER 2, 2021

Additionally, borrowers have stated that the two most appreciated aspects of an online application process were “a simpler application process (55%) and reduced time to close (53%).” Creating a tech stack geared towards increasing closing efficiency isn’t just about offering eClosings.

Technology 421

Technology Closing Loan Officer Mortgages 421

HomeLight

NOVEMBER 21, 2023

It’s closing time and the pressure’s on. Even with a rock-solid offer in hand, the hard part of your home sale is yet to come. Cue the closing attorney. Connect with a Top Agent to Sail Through to Closing Working with a top agent can help you get to closing day faster — and get you more for your home sale.

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Closing Sales Agents As-is 113

Housing Wire

SEPTEMBER 26, 2023

Mortgage Machine Services , a digital origination technology provider, has appointed Dan McGrew as director of sales. ” Prior to this role, McGrew was the chief operating officer and senior vice president of sales at Pavaso , a full-service eClosing platform. . He also spent six years as the president of IT Services , a U.S.

Sales 375

Sales Mortgages Technology Lending 375

Housing Wire

MARCH 5, 2024

In addition, NYCB is also responsible for a subservicing portfolio close to $300 billion in UPB, comprehending about 1 million loans, per KBW analysts’ estimate. We estimate that an MSR sale could benefit CET 1 by 10-15 bp.” billion, analysts wrote in a report on Monday. 31, 2023, down from 9.59% in the third quarter.

Sales 369

Sales Banks Principal Loans 369

Housing Wire

JULY 27, 2023

After dropping slightly month over month in May , pending home sales ticked back up in June, rising 0.3%, according to data released Thursday by the National Association of Realtors (NAR). It contrasts with new home sales , which moderated in the same period (-2.5%). The NAR’s Pending Home Sales Index climbed to a reading of 76.8

Sales 360

Sales Construction Mortgages Closing 360

Housing Wire

DECEMBER 30, 2020

pending home sales slid for the third consecutive month in November, dropping 2.6% “It is important to keep in mind that the current sales and prices are far stronger than a year ago.” “It is important to keep in mind that the current sales and prices are far stronger than a year ago.” year over year.

Sales 533

Sales Mortgages Closing Loans 533

Housing Wire

JANUARY 4, 2022

For well over a decade, the industry has made steady progress in digitizing mortgage closings. As a result, closings today fall on a spectrum of digitization, with benefits that increase with each component that is digitized and each document that is electronically signed (eSigned).

Closing 437

Closing Industrial Investor Loans 437

Housing Wire

JUNE 24, 2022

Texas lender Mid America Mortgage rebranded as Click n’ Close to expand into the mortgage technology industry following the sale of the majority of its retail lending operations. Click n’ Close will retain retail operations related to its reverse mortgage and lending business for Native Americans, the company said Monday.

Closing 328

Closing Mortgages Lending Technology 328

Housing Wire

NOVEMBER 29, 2021

Today, pending home sales came in as a big beat of estimates — up 7.5% From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% Home sales had a big gap from trending sales to where total sales closed in 2020.

Sales 529

Sales Investor Title Mortgages 529

Housing Wire

AUGUST 22, 2023

Despite a sharp drop in home sales compared to the year-earlier period, the median existing-home sales price rose 1.9% It was the fourth time the monthly median sales price exceeded $400,000, according to the NAR. By contrast, the West saw existing-home sales increase 2.7% from one year ago to $406,700. a year ago.

Sales 321

Sales MLS Mortgages Marketing 321

HomeLight

JANUARY 12, 2024

Melinda is a top-selling agent in Tennesee who completes 18% more sales than the average agent in the state. Tennessee attorneys are not considered essential for closing in Tennessee Real estate transfer taxes? As is” is a type of home sale where it’s understood that no improvements will be made to the property.

As-is 102

As-is Investor Residential Closing costs 102

Housing Wire

JUNE 11, 2021

Have you budgeted for closing costs? Before you get overwhelmed, take comfort that critical milestones of home inspection, appraisal and closing processes are all great ways to get more acquainted with your prospective new home. Should the appraisal come in lower than the contract price, the closing process may be impacted.

Inspection 427

Inspection Closing Closing costs Title search 427

HomeLight

JANUARY 22, 2024

This oftentimes will have to do with unique circumstances that don’t really lend themselves to renovating a property for sale. Sell 'As Is' With a Cash Offer in Virginia HomeLight’s Simple Sale platform will provide a no-obligation, all-cash offer for Virginia homes in almost any condition. Yes Is a real estate attorney required?

As-is 95

As-is Inspection Equity Renovation 95

Housing Wire

OCTOBER 28, 2021

After rising 8% in August, pending home sales dropped 2.3% in September, according to the National Association of Realtor’s pending home sales index report released on Thursday. While market activity is lower than a year ago, the pending home sales index is still up 7% than September 2019. The index dropped to 116.7

Sales 417

Sales Renovation Banks Marketing 417

Housing Wire

MAY 10, 2023

The data also suggests that the economy is close to peak rent inflation—lower monthly rent prices have been recorded for two consecutive months, and the price growth for new leases is still decelerating. He also anticipates new and existing home sales to bottom out in 2023 before rising again in 2024. compared to a year prior.

Closing 367

Closing MLS Construction Banks 367

HomeLight

JANUARY 22, 2024

They don’t want to make the repairs themselves to lift the house for sale with a realtor. They don’t want to make the repairs themselves to lift the house for sale with a realtor. Real estate attorneys are not considered essential for closing in the state of Michigan. Looking into selling a house “as is” in Michigan?

As-is 89

As-is Seller disclosure Closing costs Investor 89

Housing Wire

MARCH 21, 2023

After 12 months of declines , existing home sales rebounded in February, climbing 14.5% However, existing home sales were still down 22.6% Moreover, we’re seeing stronger sales gains in areas where home prices are decreasing and the local economies are adding jobs.” months of supply at the current sales pace.

Sales 371

Sales MLS Mortgages Marketing 371

Housing Wire

JANUARY 31, 2023

His goal is to bring his sales numbers up to $450 to $500 million, with origination coming from different states, and potentially capitalizing on a little refinance boom in the latter part of 2023. Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation.

Loans 351

Loans Pre-approval Closing Marketing 351

Housing Wire

DECEMBER 22, 2020

Existing home sales decreased 2.5% Compared to last November, home sales are still up 25.8%. Home sales in November took a marginal step back, but sales for all of 2020 are already on pace to surpass last year’s levels,” said Lawrence Yun, NAR’s chief economist. This is down 9.9% from October and down 22% from a year ago.

Sales 507

Sales Closing Loans Mortgages 507

Housing Wire

OCTOBER 19, 2022

Nations Direct Mortgage, a residential lender in both the retail and wholesale channels, on Wednesday announced appointing Jack O’Brien as its senior vice president and national sales director. O’Brien & Associates and VP, Eastern regional sales manager at National City Home Equity, among others. .

Sales 371

Sales Mortgages Principal Equity 371

HomeLight

MARCH 28, 2024

When a home sale closing is delayed, it’s usually the buyer holding up the deal due to financing hiccups, low appraisals, title issues, or problems found during the final walkthrough. But what happens if a seller misses the closing date? The closing date is always in the contract. What happens on a home sale closing date?

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Closing Purchase and sale agreement Title Closing costs 106

HomeLight

APRIL 25, 2024

Buying a home involves a flurry of paperwork, but perhaps the most important document is the closing disclosure, also known as a CD in real estate. This guide will break down what a CD includes, why it’s so important, and the most common mistakes to watch for so your closing doesn’t get delayed.

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Closing Principal Loans Mortgages 74

HomeLight

MARCH 28, 2024

This second option, called for sale by owner or FSBO for short, is much less common, constituting only 7% of sales in 2023 , according to the National Association of Realtors® (NAR). Many sellers who decide to handle their home sale do so to avoid paying a commission to a seller’s agent (also called a listing agent).

Sales 113

Sales Agents Closing Industrial 113

HomeLight

DECEMBER 31, 2023

Fast facts about selling a house ‘as is’ in Arizona Median sales price in Arizona $430,990 Average days on market (DOM) for Arizona 56 Disclosures Arizona law requires sellers to disclose material facts about the property through the Residential Seller’s Property Disclosure Statement (SPDS) MLS has a field to mark a listing “as is”?

As-is 88

As-is Inspection Finance Loans 88

RIS Media

MAY 22, 2023

Over the past few years, closing a real estate deal was easy for many real estate agents. The actual closing seemed like just a formality. Homes flew off the market almost as soon as they were listed.

Closing 97

Closing Sales Marketing Agents 97

HomeLight

MARCH 29, 2024

To find the Goldilocks price point, most real estate agents use the sales comparison approach. In this post, we’ve asked two top real estate experts to share insights on how this approach plays a key role in your home sale, how it works, and another pricing option you might need. How Much Is Your Home Worth Now?

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Sales Renovation Land Construction 110