Housing Wire

OCTOBER 24, 2024

Sandoval said her approach is one that is difficult for banks and mortgage servicers to replicate, not only because of the face-to-face experience she offers but also because of the inherent – and often misguided– distrust that many distressed homeowners have for financial institutions. “There is nothing like that face to face.

Bankruptcy

Housing Wire

DECEMBER 17, 2024

The suit also alleges that the defendants which include the brokerages, agents, brokers, support staff, title companies and banks involved in the transaction coordinated to gain an unfair advantage. The other defendants in the suit are those involved in the title and escrow process and the wiring of the allegedly fraudulent funds.

Earnest money deposit

Housing Wire

DECEMBER 19, 2024

According to the brokerage, Caldwell is no slouch when it comes to sales volume. He and his 30-agent team pulled in $200 million in sales revenue over an unspecified time period. 1 mega team by sales volume and units. Caldwell also brings robust banking experience with the likes of U.S. Bank and JPMorgan Chase.

Brokerage

Housing Wire

JUNE 6, 2025

But they also pushed sales volume to $150 billion, up from $142 billion in the year prior. RealTrends Verified is the world’s first dual-verified, fully transparent and search engine-optimized real estate sales performance platform that brings historical relevance and benchmarking to professionals and consumers.

Agents

Housing Wire

APRIL 8, 2025

5 by sales volume. Only three years ago, The Real Brokerage was ranked for the first time on the RealTrends Verified Brokerage Rankings. Now, they are in the top 10: No. 6 by transaction sides and No. Weve always been focused on making agents lives better, says Poleg.

Brokerage

Housing Wire

MAY 29, 2025

Prospective homebuyers are holding off on purchases, waiting for lower prices and mortgage rates despite the rising costs of homeownership, according to the 2025 Bank of America Homebuyer Insights Report. Bank of America expects this trend to continue as the market recalibrates. Census Bureau.

Banks

Housing Wire

MAY 27, 2025

Banking and mortgage technology company nCino made a large reduction in force (RIF) ahead of its quarterly earnings call on Wednesday. ” nCino, based in North Carolina, makes a cloud-based banking system that is used for commercial banking and mortgage, including a popular loan origination system. .

Technology

Housing Wire

JANUARY 13, 2025

The University of Florida alum also has chairman and executive leadership experience with companies like Tax Guard , Capital Bank , Ally Financial , Fifth Third Bank and Bank of America. This came after the company acquired Flagstar Bank assets in July. trillion at the end of the third quarter.

Banks

Housing Wire

JANUARY 22, 2025

Auction.com has long been a leading platform for bank-owned (REO) and foreclosure sales to real estate investors and others seeking a discount. For those who are struggling to repay their mortgages, the process aims to help them avoid foreclosure and retain their home equity.

Proof of funds

Housing Wire

FEBRUARY 8, 2025

This situation contrasts with the challenges the market faced in 2023, during the banking crisis when the Federal Reserve was still raising rates. We likely would not have seen mortgage rates at 8% that year if the spreads hadn’t worsened after the banking crisis. In 2023, spreads reached as high as 3.10%. 26 in Dallas.

Mortgages

Housing Wire

FEBRUARY 11, 2025

Our economy faces many challenges persistent high mortgage interest rates , a declining rate of existing home sales, elevated costs for basic goods and services, labor market imbalances, and rising health care costs to name just a few. The FHLBanks impact on the financial system cannot be overstated.

Lending

Housing Wire

FEBRUARY 28, 2025

Big picture 2025, our view is that it will be slightly better than 2024 in terms of originations and sales , but unfortunately it probably wont feel much better, McKeveny, the managing director of mortgage and real estate at Zelman & Associates , told attendees of HousingWires Housing Economic Summit on Wednesday.

Mortgages

Housing Wire

JANUARY 28, 2025

Dunmor CEO Franck Ruimy spoke with HousingWire ‘s Sarah Wolak on why he anticipates 2025 will be a strong sales year, and he highlighted the recent growth for the business-purpose lending (BPL) sector. I think [about] five years ago, banks were still extremely active in the sector. Wolak: Do you see any of this changing in 2025?

Residential

Housing Wire

MAY 15, 2025

In an era of high mortgage rates and stagnant home sales , a real estate transaction model is making waves by reintroducing and standardizing a once-popular financing method. These sales represented $30.3 Theyve got $500,000 in the bank, they make $200,000 a year, they got their stuff together. They just had life happen.

Finance

Housing Wire

MAY 29, 2025

Mark DeVries, senior research analyst at Deutsche Bank , said some larger mortgage companies remain somewhat skeptical of the value of buying a big servicing book, paying a lot of money for leads that you could generate organically, without having to pay a big premium. The company is growing organically despite rumors of a sale.

Mortgages

Housing Wire

DECEMBER 7, 2024

Patricia Maguire-Feltch, managing director of consumer origination sales at Chase Home Lending, says that realistic evaluation is key when making the big step to buy. The Federal Reserve Bank of St. While that figure seems daunting, median sale prices were higher in 2022 ($442,600) and 2023 ($423,200).

Mortgages

Housing Wire

MAY 19, 2025

For the rest of May and June, despite the fact that homebuyer demand is still very light, were likely to see notable home sales gains over 2024. For years, the headline has been Home sales are down, but prices are up. The message for the rest of the summer is likely to be Home sales are up, but prices are down.

Sales

Housing Wire

JANUARY 27, 2025

Distressed home sales marketplace Auction.com released a new report Monday highlighting a drastic drop in foreclosure auction property volume in the fourth quarter of 2024. The report showed that the inventory of properties available for sale at auction dropped to a three-year low in Q4 2024. and Phoenix.

Banks

Housing Wire

JULY 1, 2025

Name Job Title Company Name Abigail Williams Chief Legal Officer Lima One Capital Alexandra Lumpkin Chief Legal Officer The Real Brokerage Ali Haralson President Auction.com Alison Adams Grey Chief of Staff LPT Realty Amy Adams National Real Estate Expert The CE Shop Amy Butler Executive Vice President, National Sales Northpointe Bank Amy Creason Co-founder (..)

Title

Housing Wire

MAY 9, 2025

With a pipeline nearly double what it was a year agoand demand coming from across the industry, from leading banks and mortgage servicers to independent mortgage banks and credit unions its clear the need for effortless, personalized banking and lending is only growing. Ghamsari said the Rocket/Mr. stake in the title business.

Title

Housing Wire

JUNE 3, 2025

in Canada , the second-largest reverse mortgage provider Toronto-based Equitable Bank is seeing notable growth, according to a recent earnings report. industrys nonrecourse feature while surplus proceeds from a posthumous sale are passed onto heirs. Canadian lender growth Immediately to the north of the U.S. It reached $2.5

Mortgages

Housing Wire

MARCH 24, 2025

At Dark Matter, we believe lenders should now be evaluating their current systemswhether that means streamlining automation, implementing AI-driven processes or improving CRM and LOS integration to enhance sales performance. It should be about helping lenders win new business, not just cutting expenses. Those who dont?

Technology

Housing Wire

NOVEMBER 13, 2024

Smith will lead teams across sales, operations, finance, servicing and corporate functions at the South Carolina-based mortgage lender that originated about $16 billion in mortgage loans from January to September, up 2.7% compared to the same period last year, according to Inside Mortgage Finance (IMF).

Mortgages

Toronto Realty Blog

NOVEMBER 11, 2024

But the voice on the other end of the line always seems to know more than every other human on the planet when it comes to foreclosures, power-of-sales, and auctions. ” Having said that, power-of-sale listings do appear on MLS. .” ” Having said that, power-of-sale listings do appear on MLS. Oh, auctions!

Sales

Housing Wire

MAY 20, 2025

His point was ostensibly about how homeowners locked into low mortgage rates are choking off home sales and mortgage origination volumes. You’re not only getting it from your traditional depositories and [investment banks], but now you have fintech firms that are offering consumer loans or shared-equity products.

Equity

Housing Wire

JULY 3, 2025

He holds a degree in agricultural business management from North Carolina State University and began his real estate career in 2010 with a focus on farm, land, residential and commercial sales throughout the region. Ahoskie is part of North Carolina’s Inner Banks region — known for its natural inlets and quiet outdoor lifestyle.

Land

Housing Wire

DECEMBER 16, 2024

If you’re making 20 or 25 basis points as an owner of a small or large independent mortgage bank (IMB), it’s not worth the risk. Hanson: There’s two types of sales. A stock sale means we’re going to buy the company’s stock, establish loan liability for already-produced loans and buy the shell.

Loan Officer

Housing Wire

APRIL 10, 2025

Existing home sales have hit multi-decade lows. Banks and credit unionsmany of which depend on mortgage activity to fuel lending, gather deposits, and generate fee incomeare facing an extended drought. Unsurprisingly, homeowners arent budging. Inventory has collapsed. Prices remain stubbornly high, even as borrowing costs rise.

Design

Housing Wire

JUNE 4, 2025

Mortgage sales professionals also need to budget for the costs associated with marketing and networking oneself. A great mentor or sales manager early on in ones career is crucial for success. If a solid mentor or sales manager is not available nor provided then a great coach or coaching program is recommended.

Loan Officer

Housing Wire

DECEMBER 18, 2024

On Wednesdy Citi launched mortgage.com, a new platform that creates a brand-endorsed, consumer-focused channel to leverage Citi’s brand authority and encourage mortgage or refinance applications for the bank. Enter mortgage.com, which Burgard says is a learning platform to grow the banks presence in the mortgage space.

Marketing

Housing Wire

DECEMBER 9, 2024

How do we bridge the semantics and just put it into mortgage banking language to help people understand what we are? Regardless of sales distribution channel, we’ll have specialists that are really focused in on product, but they’re focused on that client segment. I think we can bridge that gap.

Mortgages

Housing Wire

APRIL 28, 2025

“We’re hiring forward to build scale, both in operations and sales. “So aside from hiring and building our sales team, we’re focusing on deepening our partnerships and developing repeat working with PennyMac. The company is deploying an “aggressive” growth strategy, Nichols said.

Marketing

Housing Wire

JANUARY 7, 2025

18, when the central bank cut benchmark rates by 25 bps to a range of 4.25% to 4.5%. The existing home sales market has been in a recession since June 16, 2022, and hasnt experienced any significant growth in sales for some time. ” Mortgage rates have continued to rise since the Federal Reserve meeting on Dec.

Mortgages

Housing Wire

JULY 11, 2025

. “Three examples of monetization are selling buyer inquiries to third-party agents for a referral fee, advertising third-party companies on homeowners’ listings for a profit, and selling listing data to a wide range of financial institutions, including banks and hedge funds.

MLS

HomeLight

JANUARY 14, 2025

For Macon homeowners seeking a fast and hassle-free sale, selling to a cash buyer may be a practical solution. With the recent slowdown in the Macon housing market due to high interest rates, now may be an opportune time to explore a cash sale, especially if you prioritize a quick and seamless transaction.

Proof of funds

Housing Wire

MAY 28, 2025

Records from the account show that Parks repeatedly transferred funds to his own bank accounts and then, on the same day or soon thereafter, Parks would make a payment for a personal credit card for the same amount as the transfer. There was a total of more than 600 transfers of the victims funds to accounts controlled by Parks, the DOJ said.

Mortgages

Housing Wire

OCTOBER 23, 2024

As for the product’s mortgage rates, Elezaj said they are more competitive than HELOCs (home equity lines of credit), traditionally a market dominated by credit unions and depository banks. Mortgage rates have picked up just about a week ago, they’re in the high 5s, and now they’re in the low 6s.

Equity