Housing Wire

APRIL 17, 2024

Reverse mortgage professionals often cite financial advisers as their most ideal referral partnerships, but uptake on the product category by those in the profession has been tepid. Other potential options mentioned by other contributors included relocation and more detailed conversations with dedicated financial advisers.

Mortgages 427

Mortgages Equity Loans As-is 427

Housing Wire

SEPTEMBER 11, 2023

While credit cards and auto loans aren’t directly related to mortgages , they comprise segments within the three main consumer debt categories. Conventional wisdom would dictate that the third category, mortgages, will follow if two of the three are negatively impacted. These technologies extend to our vendors in the field.

Technology 406

Technology Loans Design Sales 406

Housing Wire

SEPTEMBER 28, 2023

On home equity , Boesel noted that home-price growth should pick up over the next year. She added: “Since most borrowers have substantial amounts of home equity, those who have locked in low mortgage rates that do enter later stages of delinquency will most likely not experience foreclosures.”

Mortgages 436

Mortgages Staging Equity Principal 436

Realty Biz

JANUARY 21, 2021

Year-over-year sales volume grew by 32 per cent, and prices rose by 21 per cent for all price points. Homes priced $4 million or higher experienced price growth by a tremendous 10.4 A September sale in the $4 million-plus category, closing at $4,825,000, is driving a flood of new listings at this price point.

Marketing 70

Marketing Closing Sales Staging 70

Housing Wire

MAY 23, 2022

After all, we are witnessing the rising tide of house prices, in a surge we’ve never seen before. Solutions can be found in three categories that might appear distinct but are in fact fundamentally connected: Category 1: Supply innovation Category 2: Government policy innovation Category 3: Paradigm-change innovation.

Equity 394

Equity Finance Development As-is 394

Housing Wire

OCTOBER 19, 2023

Together, they will boast a total of 42 real estate agents , serving clients across different neighborhoods and price points throughout the Las Vegas Valley. “Working together as one group combines a vast range of industry backgrounds that contribute to expertise in every category of real estate.

Principal 406

Principal Technology Equity Residential 406

Housing Wire

SEPTEMBER 6, 2023

In addition, Fitch said it “expects profitability to remain somewhat depressed as rates should remain elevated,” but it noted that the strength of home prices and a potential uptick in commercial order flow could result in better than anticipated results. Fitch also noted that it does not anticipate further material declines this year.

Title 393

Title Industrial Commercial Mortgages 393

Housing Wire

SEPTEMBER 13, 2023

The Consumer Price Index (CPI) increased 0.6% The indexes for lodging away from home, used cars and trucks, and recreation were among the categories that decreased over the month. However, falling rents might also boost rental demand, as some prospective homebuyers are priced out of homeownership by 7%+ mortgage.

MLS 395

MLS Construction Closing Mortgages 395

Housing Wire

JANUARY 9, 2024

However, despite these well-intentioned programs, ADUs remain a somewhat tricky thing for many consumers to finance – and many lenders are still figuring out how to best serve this growing category. Additionally, it provides an avenue for elderly homeowners to downsize and remain in their communities.

Finance 481

Finance Construction Loans Renovation 481

Housing Wire

OCTOBER 24, 2023

We have been the category leader in buyer nurture for many years now and we have been widely viewed by our customers as the best way to keep clients in an ecosystem that they have visibility and control over, but that was mainly around buyers. It was a long time coming,” Andrew Flachner , RealScout’s co-founder and president, said. “We

Agents 393

Agents Branding Brokerage As-is 393

Housing Wire

DECEMBER 9, 2022

Bank exited a few years ago to focus on customer relationships in core lending categories,” a spokesperson for U.S. But it has an added challenge: a competitive pricing strategy initiated by channel leader United Wholesale Mortgage (UWM). This is a business that U.S. Bank wrote in a statement to HousingWire.

Banks 382

Banks Lending Finance Mortgages 382

Housing Wire

SEPTEMBER 21, 2022

Nonetheless, homeowners are doing well with near nonexistent distressed property sales and home prices still higher than a year ago.”. Also potentially putting off some would-be sellers are the still rising home prices. The median existing home sales price rose 7.7% percentage points), Austin (+24.8 in the Midwest.

Sales 370

Sales Construction Mortgages As-is 370

Housing Wire

FEBRUARY 14, 2023

Consumer prices continued to climb in January, but they rose at the lowest yearly pace recorded since October 2021, according to data released Tuesday by the Bureau of Labor Statistics (BLS). The Consumer Price Index rose by 6.4% The Consumer Price Index rose by 6.4% in January compared to a year ago.

MLS 383

MLS Equity Mortgages Design 383

Housing Wire

AUGUST 28, 2023

Fee pressure was followed by appraisal management company (AMC) requests for revisions (28%) and technology fees (26%), a category that was not included in 2022 survey responses. In 2023, nearly half of appraisers surveyed said fee pressure was their biggest challenge, up 20 percentage points since last year.

Mortgages 370

Mortgages Technology Industrial Marketing 370

Housing Wire

NOVEMBER 28, 2023

While there’s been a modest offset due to rising home prices in most markets over the last two years, if your firm is tracking the market , you’ve seen revenues slashed by a third in short order. As such, it certainly feels like that pendulum is a labrys slicing through our brokerage firms.

Brokerage 407

Brokerage Residential Technology Development 407

Housing Wire

JUNE 13, 2023

As shown below, headline inflation has had a noticeable move lower as energy prices have been trending downward after the spike at the start of the Russian invasion of Ukraine. This downtrend in inflation has been anticipated, so it’s no surprise that the growth rate is cooling off with energy prices falling.

Banks 492

Banks Mortgages As-is Marketing 492

Housing Wire

JUNE 13, 2023

With the Federal Reserve meeting on Wednesday to discuss the federal funds rate, all eyes have been on May’s Consumer Price Index inflation data. Shelter, which is the largest category, also posted a sizable increase, rising 8.0% After recording a 4.9% annual increase in April, the CPI rose just 4.0% year over year (down from 8.1%

MLS 370

MLS As-is Industrial Closing 370

Housing Wire

SEPTEMBER 8, 2021

ReadyPrice is a provider of mortgage technology that connects brokers and wholesale lenders through a cloud-based, community platform, allowing brokers to search loan programs and pricing across every loan category, and deliver those loans directly to their lender of choice. Product Fast Facts. #1. loan originations. #2.

Mortgages 273

Mortgages Technology Loans Development 273

Housing Wire

NOVEMBER 30, 2022

22, the National Consumer Reporting Agency told its members that the “vast majority” of mortgage lenders would see price increases between 10% and 400% from Fair Isaac Corp. The trade organization called on Thompson and Gordon to stop the price hikes, which it described as a violation of “basic principles of transparency.”

Mortgages 395

Mortgages FHA loan Loans Closing costs 395

Housing Wire

FEBRUARY 2, 2023

“Inflation remains well above our longer-run goal of 2% over the 12 months ending in December: total PCE prices rose 5%; excluding the volatile food and energy categories, prices rose 4.4%,” Powell told journalists. Is the market overreacting?

Fixed-rate mortgage 395

Fixed-rate mortgage Mortgages Marketing Loans 395

Housing Wire

APRIL 7, 2021

San Jose ranked first in both the “credit score” and “down payment” categories, pushing it to the top spot overall. LendingTree, ranked San Jose as just 17th in the “shopping around” category, important because generally it indicates prepared, educated buyers.

Marketing 437

Marketing Lending Mortgages Closing 437

Housing Wire

JANUARY 30, 2024

A January report by Mortgage Capital Trading (MCT) indicates that MSR pricing is holding up in the market, but the dollar size of MSR pools is expected to erode some in the year ahead due to principal paydowns on low-rate legacy loans as well as the trend of many lenders retaining less servicing on new production.

Marketing 404

Marketing Principal Banks Loans 404

Housing Wire

FEBRUARY 5, 2021

Recently, his passion to create new efficiencies for wholesale brokers and lenders through technology was the inception of ReadyPrice, the first platform that allows brokers to price, underwrite, and deliver loans across all product categories to the lender of choice through a simple, cloud-based software. . Product Fast Facts. #1.

Mortgages 333

Mortgages Technology Loans Development 333

Housing Wire

MARCH 26, 2024

What could they ever afford at these prices? Other categories of price increases are harder to recognize in our daily activities, but inflation is high. When prices are increasing, and money is tight, many individuals start whipping out their credit cards more frequently throughout the month. Where would they go?

Equity 427

Equity Loans Bankruptcy New Construction 427

Housing Wire

JULY 27, 2022

Direct labor: The cost of operations should be broken down into granular components such as cost by department, including separate categories for closing, loan setup, processing, underwriting, etc., Adding up the inputs and direct labor categories will provide an accurate overall cost to originate.

Mortgages 383

Mortgages Marketing Lending Loan Officer 383

Housing Wire

MAY 4, 2023

On the one hand, elevated mortgage rates continue to erode buyers’ purchasing power, and in some markets, home prices are falling. Home prices have come down in some places, but the price correction is relatively modest and prices are still typically 20% or 30% higher than they were three years ago. Selective sellers.

Marketing 417

Marketing MLS Mortgages Equity 417

Housing Wire

OCTOBER 13, 2023

We work with tech vendors that we believe are the top three in any respective category,” Moon said. He added, “If we can get competition amongst the three other providers to drive that price down, we can create additional margin for the lender.”

MLS 406

MLS Technology Mortgages Loans 406

Housing Wire

MAY 15, 2023

. “As a result of significant equity drawdowns, mortgage borrowers reduced their annual payments by tens of billions of dollars, providing additional funding for spending or pay downs in other debt categories,” Haughwout added. ”

Equity 382

Equity Loans Mortgages Banks 382

Housing Wire

MAY 1, 2023

Recently, the director of the Federal Housing Finance Agency (FHFA) issued a statement clarifying the agency’s rationale for changes to loan level pricing adjustment (LLPA) fees going into effect on May 1. A flattening of the curve suggests that there is less differentiation in fees across credit score categories holding LTV constant.

Mortgages 407

Mortgages Commercial Development Loans 407

Housing Wire

AUGUST 28, 2020

The products I’ve put into this category primarily help in converting leads, prospects and opportunities into contracts. So the products I’ve put into this category are really focused on either helping agents win listings or helping them convert lookers into buyers. I’ve broken this down into three sub-categories.

Design 272

Design MLS Agents As-is 272

Housing Wire

FEBRUARY 14, 2024

Calque provides homeowners with a Purchase Price Guarantee (i.e., Instead, Calque removes the compliance, risk, and pricing barriers that have historically prevented established lenders from entering this space. We work with lenders to fix the problem at its root (i.e.,

Backup offer 417

Backup offer Loan Officer Home sale contingency Branding 417

Housing Wire

OCTOBER 28, 2020

“These results highlight just how strong the upper end of the market is right now, with outsized growth rates in the higher loan size categories. Furthermore, housing inventory shortages have pushed national home prices considerably higher on an annual basis,” Kan said. from 11.8%.

Fixed-rate mortgage 515

Fixed-rate mortgage Mortgages Loans Industrial 515

Housing Wire

JUNE 23, 2021

An astonishing 580 homes in the Seattle metro area have sold for $300,000 or more above their asking prices in 2021. The brokerage/listings portal said 4,078 homes in Seattle have sold for between $100,000 and $299,999 above asking price, compared with 362 last year. ” The median home-sale price in Seattle rose 26.1%

Agents 462

Agents Banks Brokerage Sales 462

Housing Wire

JUNE 26, 2023

However, the 168% figure is consistent with Fitch’s guidelines for an “A” category rating. In 2022, the title industry’s aggregated risk-adjusted capital (RAC) ratio, which is a measure of resiliency of a financial institution’s balance sheet to endure an economic risk or recession, fell to 168%, compared to 182% in 2021.

Title 367

Title Industrial Mortgages As-is 367

Housing Wire

APRIL 8, 2021

In particular, Home Depot’s Indoor Garden category made up the largest share of its net sales globally at over $14 billion – around 10.8% Home Depot’s lumber category was the only sector that experienced a greater year over year increase, jumping 43.3%.

Renovation 321

Renovation Sales Marketing As-is 321

Housing Wire

JUNE 10, 2021

People who use Flyhomes to buy a new property will get a guarantee that their old home will sell at an agreed-upon price within 90 days. If it sells above the set price during that period, the seller keeps the extra. They are emerging as the leading consumer-facing brand in this new category.” If not, Flyhomes will buy it.

Brokerage 383

Brokerage Investor Branding Industrial 383

Housing Wire

MAY 18, 2021

” Home prices, he said, have always been high. “Prices spiked through the roof,” Pullin said. That’s why, per Realtor.com , the average asking price for a home in Seattle is around $750,000 — up 3.4%, year over year — or $525 per square foot. The median sale price is even higher, at $795,000.

Marketing 437

Marketing Agents Sales As-is 437