Housing Wire

MARCH 15, 2024

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? Market conditions have certainly trended downward for residential or commercial real estate. Right now, we’re generally seeing more mixed-use developments and multifaceted commercial projects.

Commercial 420

Commercial Brokerage Due diligence Title 420

Housing Wire

JULY 19, 2022

Stewart Title of Louisiana is expanding its support for commercial real estate transactions, through the addition of Ashley Coco as the firm’s Louisiana underwriting counsel, it announced Tuesday. Before joining Stewart, Coco was the lead attorney heading the commercial services department of Commerce Title in Baton Rouge.

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Title Commercial Land Industrial 368

Housing Wire

JANUARY 17, 2025

How do we get a loan from I want a house to its closed and done before they walk away? The real estate company handles the entire lifecycle of the loan process, from processing and underwriting to closing and servicing. Most companies think from the primary lens. Most processors handle a pipeline of 25 to 30 loans.

Marketing 356

Marketing Residential Commercial Loans 356

Housing Wire

MAY 17, 2024

Chase Home Lending , the consumer and commercial banking arm of JPMorgan Chase & Co. , has raised its closing guarantee from $5,000 to $20,000 until July 27, 2024, the bank announced on Thursday. This grant can be used to discount underwriting fees paid at closing, or to reduce the interest rate and down payment.

Lending 447

Lending Closing Banks Commercial 447

Housing Wire

FEBRUARY 21, 2023

Finance of America Companies (FOA) has entered into an agreement to sell the operational assets of its Finance of America Commercial vertical to Roc Capital Holdings LLC. The terms of the deal do not include the FOA commercial vertical’s financial assets, which are comprised of loans and securitizations, according to the 8K filing.

Commercial 367

Commercial Lending Finance Title 367

Housing Wire

APRIL 7, 2025

Expanding homeownership, embracing commercial real estate As president of NAHREP, Herrera says her main priority is expanding access to homeownership amid todays affordability crisis. When I started, commercial brokers were majority white males, and it was hard to break in, Herrera said. But I became the first homeowner in my family.

Commercial 370

Commercial Title Closing costs Equity 370

Housing Wire

JUNE 11, 2024

Rithm Capital , the parent company of multichannel lender Newrez , announced on Tuesday that it has closed a transaction with Great Ajax Corp. Meanwhile, Great Ajax is transitioning from a legacy residential loan platform to a vehicle focused on commercial real estate. which resulted in the purchase of 2.9

Closing 401

Closing Commercial Loans Residential 401

Housing Wire

OCTOBER 18, 2024

The changes come after NYCB, which concluded a merger with Flagstar in December 2022 and acquired some of Signature Bank ‘s assets in March 2023, faced a confidence crisis related to its commercial real estate portfolio. The transaction is expected to close in the fourth quarter.

Banks 416

Banks Sales Commercial Equity 416

Housing Wire

JUNE 9, 2025

Florida-based Gradient Mortgage Capital , a wholesale mortgage banking platform, launched Monday with the intent to serve mortgage bankers and brokers across the country with debt-service-coverage ratio ( DSCR ) and small-balance commercial real estate loans. Banker and broker yield spread premiums are offered too. ” .

Mortgages 244

Mortgages Commercial Lending Loans 244

Housing Wire

NOVEMBER 1, 2024

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. An agent may also be present at closings to review closing documents and help guide their client through the final steps. Buyer’s agent : The buyer’s agent represents the buyer.

Agents 421

Agents Brokerage Purchase and sale agreement Commercial 421

Housing Wire

OCTOBER 16, 2024

These rankings are designed to help top-performing agents and teams highlight their accomplishments within their specific local markets, enhancing their credibility where it matters most — close to home. RealTrends excludes transactions such as commercial, rentals, lease, land, empty lots, and outside referred business from published totals.

Agents 417

Agents Commercial Land Branding 417

Housing Wire

JUNE 9, 2025

We’re fortunate enough to serve a very close-knit community where local values dictate all, and the brand perfectly understands that. The firm works with residential , commercial and land transactions including ranch properties and vacation homes.

Brokerage 314

Brokerage Branding Commercial Land 314

Housing Wire

SEPTEMBER 15, 2020

The virtual notary services industry has become increasingly popular amid the COVID-19 pandemic as businesses have adopted remote signatures to adhere to social distancing protocols while closing on mortgages and other loans. Electronic closings supported by remote online notarization (RON) offer advantages to notaries, borrowers and lenders.

Closing 491

Closing Loans Banks Investor 491

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 386

Closing Mortgages Lending Technology 386

Housing Wire

APRIL 18, 2025

I did residential, I did commercial, you name it. Stone believes both the title and mortgage sectors are long overdue for reform especially when it comes to closing efficiency. When I started in 1975, it took 45 days to close a deal. I actually had a real estate license, he said. Today, it still takes 40. Thats insane, he said.

Title 365

Title Residential Industrial Commercial 365

Housing Wire

APRIL 15, 2025

“Many property owners assume that title insurance fully protects their title, but unfortunately, it may not always safeguard against post-closing fraud,” Jon Dovidio, chief strategy officer at EquityProtect, said in a statement. But these protections are limited by eligibility rules and property type, Dovidio added.

Title 284

Title Land Commercial Residential 284

Housing Wire

JANUARY 15, 2025

For real estate professionals and mortgage lenders , these challenges heighten the risk of deal cancellations and complicate the closing process. Having a clear understanding of the underlying factors driving these shifts and addressing insurance costs early in transactions is essential to avoid last-minute disruptions.

Marketing 362

Marketing Commercial Mortgages Branding 362

Housing Wire

APRIL 24, 2025

Callan has more than five decades of experience in residential and commercial brokerage services, investment, development and financial leadership. No one else came close to Keller Williams when we assessed the top brands in real estate for culture, training, and technology. He has spent the past 31 years running PRG Group.

Land 336

Land Brokerage Commercial Branding 336

Housing Wire

JANUARY 31, 2025

In this role, Quantie will work to expand KeyLinks residential and commercial title offerings, making them available to outside financial services entities by the end of first-quarter 2025. On Thursday, Planet announced the hiring of Ken Quantie as its new senior vice president of KeyLink Title.

Title 357

Title Commercial Residential Industrial 357

Housing Wire

JANUARY 17, 2025

The company said the additional capital will be used to advance MoxiWorks aggressive product strategy, which is aimed at helping brokerages and agents win and close more deals. The exact amount of funding was not disclosed. According to the release, Raeburn will be tasked with leading the companys sales strategy, including global sales.

Technology 358

Technology Brokerage Commercial Equity 358

Housing Wire

SEPTEMBER 29, 2022

If the deal goes through, it would instead focus on other lines of business , such as reverse mortgages, commercial lending and home improvement. ” The post FoA plans to sell retail division to Guaranteed Rate, close wholesale channel: sources appeared first on HousingWire.

Closing 432

Closing Finance Commercial Mortgages 432

Housing Wire

MARCH 10, 2025

Notably, the company recently launched its AI-powered website, Rocket.com , brought on Katie Sweeney as executive vice president of broker advocacy for Rocket Pro , made a Super Bowl commercial comeback and kicked off a companywide rebranding campaign.

Branding 396

Branding Brokerage Commercial Title 396

Housing Wire

MAY 15, 2025

Every single buyer I ask, ‘Would you buy a home today if you could get a 5% rate with no points, streamline underwriting, closing fast?’ Seller financing spans residential, commercial and land transactions, with residential making up 63% of all deals over the past three years, Note Investor reported. on its own.

Finance 370

Finance Lending Bankruptcy Residential 370

Housing Wire

APRIL 1, 2025

On Tuesday, at the preliminary approval hearing for defendant MLS Property Information Networks (MLS PIN) settlement, Judge Saris r efused to grant preliminary approval to the settlement as the plaintiffs and defendants were hoping to expand the class to include commercial property sellers and mobile home sellers. Why do you care so much?

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MLS Commercial Residential As-is 252

Housing Wire

APRIL 18, 2025

As more people buy homes and businesses invest in commercial properties, demand for title insurance has grown significantly. As populations continue to grow and urbanization accelerates, demand for residential and commercial properties is on the rise, MRF said in its report. Demographic shifts are also playing a role.

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Title Title search Marketing Commercial 232

Housing Wire

JULY 31, 2022

Trusted by over 1 million users, NotaryCam’s eClose 360 platform allows borrowers to close anytime from pretty much anywhere. NotaryCam’s customers are the first to express their satisfaction with the company’s future-thinking approach to closings. The pandemic has brought extra hurdles for everyone. Rick Triola.

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Closing Technology Commercial Title 366

Housing Wire

JUNE 22, 2023

In early May, the company launched a commercial servicing division led by James DePalma and Janina Woods. In May, Planet closed a $150 million increase to its conventional MSR facility because, “Naturally, companies need bigger lines as they grow,” Dubeck said. Planet was very active in MSR deals in the first half of 2023.

Closing 366

Closing Lending Loans Commercial 366

Housing Wire

FEBRUARY 11, 2021

The company closed over one million transactions while most of our people were working from home. Total commercial revenue was $226.6 Direct premiums and escrow fees were up 24% compared with the fourth quarter of 2019, driven by a 32% increase in the number of direct title orders closed. million, down 5% year over year.

Title 496

Title Commercial Closing Equity 496

Housing Wire

FEBRUARY 24, 2022

Agency title premiums and commercial title revenue also increased 23% and 70%, respectively during the fourth quarter. Commercial orders also increased, with the number of commercial orders opened increasing 13% and the number of commercial orders closed increasing 17% year over year. billion, with $1.0

Title 384

Title Commercial Land Residential 384

Housing Wire

MARCH 14, 2025

Sources: Census Bureau , Apartment List , FRED , Zillow Commercial real estate statistics Diving into commercial real estate statistics is a bear because the commercial market is divided into a bunch of different sectors. Homebuyers found photos to be the most valuable feature found on a listing website (66%).

Marketing 329

Marketing Commercial Agents Property Management 329

Housing Wire

MAY 29, 2025

In addition, Two Harbors Investment acquired RoundPoint Mortgage Servicing and Rithm Capital closed a deal for Computershare Mortgage Services, bringing in Specialized Loan Servicing. Weve had a lot more inquiries; I dont think the paint is even close to dry yet, said Mullen of Onity Group.

Mortgages 339

Mortgages Loans Banks Industrial 339

Housing Wire

APRIL 28, 2022

First the market is shifting away from refinance transactions towards purchase and commercial transactions, which is where we have a greater market share. The Guide to Accelerating Closings in 2022. Like other “big four” member Stewart , First American’s commercial title volume and revenue saw big improvement from a year ago.

Title 384

Title Commercial Closing Loans 384

Housing Wire

AUGUST 5, 2021

Fidelity’s total commercial revenue was $347 million, an 89% increase year-over-year driven by a 65% increase in closed orders. Total commercial orders opened also increased 58% year over year. Second quarter refinance orders opened and closed both decreased this quarter — 25% and 5%, respectively, on a daily basis.

Title 384

Title Commercial Closing Technology 384

Housing Wire

JULY 28, 2022

The firm cited a 28% annual decrease in the number of open and closed title orders due to the “elevated interest rate environment,” for the drop in title income. Domestic non-commercial title revenue, on the other hand was down 5% year over year to $234.4

Title 384

Title Commercial Investor Closing 384

Housing Wire

FEBRUARY 10, 2022

This data is critical as it fuels our operational efficiency initiatives are title automation efforts and our ongoing efforts to digitize the real estate closing experience. Most notably, commercial title revenue was up 66% to $377 million, contributing to a record of $1 billion in commercial title revenue for all of 2021.

Title 397

Title Commercial Residential Closing 397

Housing Wire

MAY 11, 2022

The number of purchase orders opened per day dropped 1% year over year, while the number of commercial orders opened per day rose 6% compared to a year prior. The increase in commercial volume led to a 46% year-over-year increase in commercial revenue to $347 million. However, the firm expects commercial volume to remain strong.

Title 384

Title Commercial Residential Investor 384

Housing Wire

JANUARY 31, 2023

NYCB) confirmed it’s closing 69% of the retail home lending offices outside of its branches after acquiring Michigan-based Flagstar Bank. “We We made the strategic decision shortly after the transaction closed to swiftly restructure the business, which occurred in January,” Thomas Cangem, NYCB president and CEO, said in a statement. “We

Mortgages 395

Mortgages Lending Banks Commercial 395