Housing Wire

JULY 12, 2021

The company, which is expected to go public later this year, has agreed to acquire United Kingdom-based digital mortgage brokerage Trussle. Terms of the deal were not disclosed, but the Financial Times reported that SoftBank -backed Better bought Trussle for a “cut-price,” one that values the mortgage brokerage at just $9 million.

Brokerage 360

Brokerage Mortgages Loan Officer Banks 360

Housing Wire

JANUARY 2, 2024

New York-based nonbank mortgage lender RealFi (formally known as Residential Home Funding Corp. Purchases comprised about 66%, conventional loans were 45% and 95% were banked loans. The FDIC was the receiver of Washington Mutual Bank after it failed during the 2008 financial crisis. 15 and said our last check would be on Dec.

Loan Officer 399

Loan Officer Residential Banks Loans 399

Housing Wire

APRIL 8, 2024

Analysts at investment bank Keefe, Bruyette & Woods believe that the Department of Justice will intervene in Sitzer/Burnett commission lawsuit after receiving the green light to reopen its investigation into the National Association of Realtors. Circuit Court of Appeals in D.C.

MLS 457

MLS Brokerage Agents Residential 457

Housing Wire

FEBRUARY 13, 2024

REdistribute provides clean, timely, highly compliant, and accessible listings data, which complements our comprehensive property data solution for banks, portfolio managers, government agencies and others who need access to the best, most up to date information on the housing market.”

MLS 349

MLS Technology Mortgages Residential 349

Housing Wire

MAY 13, 2021

Compass has successfully become a publicly traded company, but the residential brokerage continues to lose money and it has unclear plans to generate more revenue. Compass CEO Robert Reffkin said that the brokerage is “expanding our adjacent service business” into title and escrow, and “plans to provide” mortgage services.

Mortgages 403

Mortgages Brokerage Title Residential 403

Housing Wire

SEPTEMBER 5, 2023

Another plus for non-QM lending has been the volatility in the banking sector. “I Additionally, many banks have tightened their credit boxes, and banks expect to further tighten those lending standards through the rest of the year, according to the Federal Reserve’s quarterly senior loan officer opinion survey.

Marketing 321

Marketing Lending Loan Officer Banks 321

Housing Wire

JANUARY 6, 2023

The number of nonresidential building jobs again outpaced the number of residential building jobs added, at 5,800 jobs versus 3,100 jobs. Residential building construction employment increased by 0.3% Residential building is up 8.3% compared with pre-pandemic levels, while non-residential building remains 3.1%

Marketing 424

Marketing Residential Construction MLS 424

Housing Wire

AUGUST 5, 2022

Construction gained 32,000 jobs in July, with residential building gaining 2,900 jobs and residential specialty trade contractors gaining 11,200 jobs. Residential building employment is up 7.5% One industry that has fared poorly is mortgage – mortgage banking companies shed 9,300 workers in June, according to the BLS.

Construction 391

Construction Residential Banks Mortgages 391

Housing Wire

AUGUST 8, 2023

Some regional banks working in the space collapsed due to a tightening monetary policy and a deposit run. of residential single-family mortgage volume in 2022, up from 19% in the previous year but down from 24.4% A tough moment for banks Originating jumbos became trickier in the wake of the 2020-2021 refi boom.

Banks 316

Banks Loans Mortgages Lending 316

Housing Wire

MARCH 23, 2021

Residential brokerage Compass took another step toward becoming a publicly traded company Tuesday, declaring it intends to sell common stock at a share price of between $23 and $26. million shares to the investment banks underwriting the initial public offering. would give the brokerage a “fully diluted market value of $12.5

Marketing 299

Marketing Brokerage Residential Banks 299

Housing Wire

APRIL 27, 2023

.” With over 21 years in finance and mortgage lending roles, Yeager’s experience spans investment banking, residential retail mortgage, and private mortgage lending. ” The national top 10 retail mortgage lender funded more than $20 billion in residential mortgages in 2022. and is licensed in 50 states.

Sales 310

Sales Loan Officer Lending Residential 310

Housing Wire

FEBRUARY 3, 2023

In addition, non-residential building construction added 4,100 jobs, compared to just 100 jobs in residential construction “Residential building construction employment is up 3.5% year over year, and non-residential increased 4.9%. Residential building construction employment is now up 11.6%

Marketing 325

Marketing Residential Construction MLS 325

Housing Wire

JANUARY 11, 2022

Unlike other HousingWire awards, Finance Leaders focuses specifically on corporate finance, secondary marketing, capital markets or strategic finance executives within mortgage banking or a real estate brokerage only.

Finance 325

Finance Residential Title Mortgages 325

Housing Wire

AUGUST 16, 2022

Trius Lending, a local direct and hard-money lender specializing in residential investment, attributed its rapid success to customizing to investors’ needs. According to the firm, the core business at Trius Lending is residential rentals or properties for fix-and-flip. Zap Mortgage (no.335), 335), Trius Lending Partners (no.

Mortgages 363

Mortgages Lending Investor Loans 363

Housing Wire

APRIL 3, 2023

Profitability has been a sore spot for Robert Reffkin and his brokerage, Compass. Reffkin doesn’t shy away from the fact that the brokerage has received billions in venture capital and debt. Reffkin doesn’t shy away from the fact that the brokerage has received billions in venture capital and debt.

Banks 295

Banks Brokerage Closing As-is 295

Housing Wire

JUNE 27, 2022

“There really are hardly any winners in the mortgage industry,” said Joe Garrett, founder of banking and mortgage banking consulting firm Garrett, Mcauley & Co. Less business for lenders and real estate brokerages, in return, is hurting title companies, tech vendors, appraisers and mortgage insurance firms.

Marketing 401

Marketing Brokerage Loan Officer Mortgages 401

Housing Wire

JUNE 1, 2021

You may have never heard of Christy Budnick, but she is suddenly one of the most powerful people in residential real estate. Last week, Berkshire Hathaway HomeServices , a hulking network of franchisee brokerages, named Budnick its CEO. Christy Budnick, Berkshire Hathaway HomeServices CEO.

Brokerage 233

Brokerage Technology Residential Banks 233

Housing Wire

APRIL 3, 2024

The battle began heating up in September 2023 when CoStar’s residential real estate platform Homes.com surpassed 100 million unique monthly visitors, becoming the second most popular listing portal behind Zillow. Like all of the publicly traded brokerages, Zillow Group saw its stock prices slide, dropping 13.4%

MLS 358

MLS Residential Agents Industrial 358

Housing Wire

OCTOBER 10, 2023

“I think folks tend to get creative and take a bit more risk than they might be willing to take in a market where rates are lower,” Holly Bunting, a partner at Mayer Brown in the areas of residential mortgage banking and consumer finance, said in an interview.

Loan Officer 404

Loan Officer Loans Brokerage Mortgages 404

Housing Wire

OCTOBER 8, 2020

These videos were then circulated by Casa to prominent mortgage industry executives, including Paramount Residential Mortgage Group Chief Lending Officer Kevin Peranio and Mount Diablo Lending Broker/Owner Ramon Walker. Niemiec’s wife, Theresa Niemiec, filed a lawsuit against Casa for defamation.

Lending 411

Lending Brokerage Mortgages Loans 411

Housing Wire

JUNE 29, 2022

Established in 2018, Knox aims to help manage residential rentals with its algorithm-based platform. When a property is enrolled in the platform, Knox automates and oversees the property’s finances and taxes, insurance, leasing, banking and bill pay, according to the company’s website. Presented by: ServiceLink.

Loans 319

Loans Equity Lending Mortgages 319

Housing Wire

MARCH 14, 2022

“There are buyers that use shell companies for privacy reasons,” said Michael Nourmand, president of Beverly Hills-based brokerage Nourmand & Associates Realtors. And some buyers will use shell companies to limit their liability especially if it’s an investment property.”.

Industrial 397

Industrial Title Commercial Banks 397

Realty Biz

DECEMBER 1, 2020

Commercial real estate analytics giant CoStar Group is getting into the residential sector after acquiring a company called Homesnap Inc. The platform is used by around 300,000 residential real estate professionals around 30 times per month, per user. for $250 million. In addition, the number of U.S. million now to over 2.6

Residential 60

Residential Commercial Technology Branding 60

Housing Wire

JUNE 16, 2022

The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall. neighborhood, housing market, Fall, homes, new house sales, forbearance.

Marketing 414

Marketing Fixed-rate mortgage Loan Officer Pre-approval 414

Housing Wire

JUNE 8, 2022

Xactus Wednesday announced its new active listing scan program, which will scan residential addresses for changes in listing status and the average number of days on market for a neighborhood. Xactus has more than 6,500 clients, including banks and non-bank mortgage originators, and 12 service centers across the country.

Short sale 312

Short sale MLS Banks Loans 312

Housing Wire

AUGUST 21, 2023

658 Maxwell 890% 2015 Digitizes the mortgage-origination process for small to midsize banks, credit unions, and independent mortgage lenders. 769 InstaLend 766% 2015 A tech-enabled real estate loan lender providing fast and affordable capital to residential developers through streamlined technology and automated workflow.

Equity 350

Equity Technology Investor Lending 350

Housing Wire

JULY 9, 2021

residential real estate market is valued at about $40 trillion in aggregate. Still, the residential real estate ecosystem is complex, even opaque to many. These two questions are at the center of all things residential real estate. In the U.S. A lot is at stake. Of these, one stands tall: valuation. What is the house worth?

Technology 442

Technology Residential Loan Officer Title 442

Realty Biz

JULY 1, 2022

NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced the appointment of Dawanna Williams to its board of directors effective July 1, 2022. Compass is the #1 residential real estate brokerage in the United States by closed sales volume. Compass, Inc. She holds an A.B. About Compass.

Principal 86

Principal Development Brokerage Residential 86

Realty Biz

MARCH 17, 2022

Berkshire Hathaway HomeServices is a real estate brokerage franchise focused on a wide range of market segments. From first-time buyers to high-end residential clients, and laterally to commercial real estate, the company is one of America’s fastest-growing real estate brokerage networks. billion (USD) in real estate sales.

Brokerage 86

Brokerage Commercial Residential Branding 86

Housing Wire

MARCH 30, 2022

Hurst: Over the first few years of our venture investment activities, we predominantly invested in new models for engaging customers and stakeholders in the residential purchase market. We are now seeing some of the innovative business models we have invested in on the residential side emerge in the commercial real estate arena.

Title 329

Title Mortgages Commercial Technology 329

Housing Wire

MARCH 27, 2024

imagine Conference and Expo LGBTQ+ Real Estate Alliance 2024 Conference NAR NXT, The Realtor® Experience Brokerage events Virtual conferences Tips for Networking at Real Estate Events and Conferences 1. What we love: We are biased but The Gathering pulls from a wide net. Link to register 3.

Agents 318

Agents Industrial Technology Branding 318

Housing Wire

JANUARY 9, 2023

Single family rental market leaders that unveiled BFR initiatives in 2022 include Tricon Residentia l and Progress Residential. Thus, the [single-family] BFR market will expand in the quarters ahead.”. Riding a cresting wave. In the build-for-rent zone.

Marketing 544

Marketing Construction Development Investor 544

Housing Wire

MARCH 11, 2022

The brilliant sunshine outside the Miami Beach Convention Center was matched by summit attendees who effused that crypto assets and blockchain technology will enter into residential real estate and benefit agents, investors, and tech wheelers-and-dealers alike. sale was conducted on Ethereum ). Over 11% of U.S.

Agents 340

Agents Commercial Title Loans 340

Housing Wire

JANUARY 7, 2021

Blend became the first digital lending platform approved for Freddie Mac’s asset and income modeler program, AIM for Assets, in August 2019, and has reportedly already prepared its systems for the new Uniform Residential Loan Application (URLA) transition set for March.

Mortgages 228

Mortgages Lending Loans Investor 228

Housing Wire

JANUARY 13, 2023

The pending offering, called NRMLT 2023-NQM1, is sponsored by Rithm Capital , formerly known as New Residential. . “It It is an estimated 470-loan securitization — with no value yet assigned in the due-diligence documents filed with the U.S. Securities and Exchange Commission. in June to 6.5%

Marketing 400

Marketing Investor Due diligence Loans 400

RIS Media

MARCH 7, 2022

. “It’s one of the many reasons why nobody in the world sells more real estate than RE/MAX, as measured by residential transaction sides.” At RE/MAX brokerages, aptitude, attitude and a track record of success help define these leaders. And these leaders, in turn, help define RE/MAX. ” Growing to New Levels.

Branding 98

Branding Brokerage Technology Agents 98

HomeLight

SEPTEMBER 20, 2022

Real Estate Agent at Coldwell Banker Residential Brokerage. Plus, buying a short sale could seriously test your patience: The whole process could stretch a long time, because you’re waiting for a response not from an individual, but from the bank or lender. “A Jessica Wallace. Real Estate Agent. Jessica Wallace. Transactions.

Short sale 83

Short sale Sales Pre-approval Equity 83