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.

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Closing Loans Banks Investor 472

Housing Wire

FEBRUARY 15, 2024

As we continue to grow our portfolio, we’ll use equity as well as debt … a lot of the banks that he works with also do commercial lending. So he’ll have access to commercial lines of credit for us,” Joe Caltabiano, CEO of HRT, said in an interview. portfolio of more than 150 retail centers.

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Loan Officer Commercial Investor Banks 347

Housing Wire

APRIL 17, 2024

The portfolio of loans examined included residential, commercial investor and business purpose loans. issues, which FundingShield says indicates a lack of appropriate controls by closing agents and lenders to identify and fix issues. “Q1 On loans that exhibited problems, the analysis found an average of 2.22 of transactions.

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Loans Title Commercial Closing 428

Housing Wire

FEBRUARY 9, 2024

CoStar said it plans to continue running the commercials throughout the rest of 2024, including during major TV broadcasts like the Oscars and the NBA playoffs. No other competitor comes close to our investment to drive leads to all agents,” the video states.

Commercial 427

Commercial Marketing Residential Branding 427

Realty Biz

MAY 2, 2023

Shopping for commercial real estate can be a far different process than searching for residential rentals. If you aren’t familiar with finding and securing commercial property lease agreements, you might be inclined to look for potential new premises in some of the following ways.

Commercial 98

Commercial Property Management Development Residential 98

First Team Real Estate

MARCH 15, 2021

HESPERIA, CA – First Team Real Estate High Desert office agent Karen Copeland recently completed the sale of a retail commercial center in Hesperia, CA , successfully representing both the seller and the buyer in the transaction. Selling the center for the full list price of $2.65 The cap rate is 5.5% and the shopping center is fully leased.

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Commercial Sales Closing Short sale 98

Realty Biz

JANUARY 11, 2024

The two dimensions of the real estate world, residential and commercial, have significant differences, and any aspiring agent needs to know what it all is about before biting off more than they can chew. It can be crucial to know in advance if you can do both commercial and residential real estate.

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Commercial Residential Agents Brokerage 48

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

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Title Commercial Land Residential 366

Propmodo

FEBRUARY 19, 2024

Cushman & Wakefield hasn’t been the leader in commercial real estate when it comes to deploying cutting-edge new tech like AI. But its new partnership with Microsoft for AI solutions could close the gap. Last year, JLL announced JLL GPT, a large language model built for the commercial real estate industry.

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Closing Commercial Brokerage Technology 105

First Team Real Estate

JULY 28, 2020

HESPERIA, CA – Commercial broker and manager of the First Team Real Estate High Desert offices, Bruce Kallen recently closed escrow on two significant commercial transactions totaling over $8 million in closed sale volume. million, and a $1.45 million 7-11 anchored strip center in the Victor Valley.

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Commercial Closing Sales Residential 98

Housing Wire

OCTOBER 12, 2023

If approved, AmeriFirst’s retail and commercial loans worth more than $5 million will be sold to a non-QM lender Oaktree Funding Corp., With the sale, Oaktree would pay $293,000 of two closed and partially drawn commercial loans to Sound Capital to retire AmeriFirst’s obligations to Sound Capital under its warehouse line.

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Loans Bankruptcy Sales Commercial 394

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.

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Title Commercial Closing Loans 362

Housing Wire

MARCH 6, 2024

The move strengthens the bank’s balance sheet amid a confidence crisis related to its commercial real estate loan portfolio. In connection with the transaction, which is expected to close on March 11, NYCB will sell and issue shares of common stock at $2 and a series of convertible preferred stock with a conversion price of $2.

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Equity Mortgages Banks Commercial 323

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

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Mortgages Lending Banks Commercial 352

Marco Santarelli

MAY 15, 2023

The commercial real estate market is currently facing a looming crisis that experts predict could surpass the challenges experienced during the 2008 financial downturn. Additionally, with a significant number of commercial mortgages due for refinancing in the coming years, the situation is becoming increasingly precarious.

Commercial 64

Commercial Marketing Lending Banks 64

Housing Wire

JANUARY 27, 2023

Carolyn Monroe, the president of Old Republic’s title insurance segment, attributed the relatively small yearly drop in 2022 to a strong performance by the firm’s commercial title insurance sector. Commercial premiums reported for full year 2022 represented an all-time high for the title group.

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Title Commercial Residential Investor 355

RIS Media

FEBRUARY 15, 2022

Commercial and multifamily mortgage borrowing and lending is on the precipice of surpassing the $1 trillion mark for the first time in 2022. The forecast was revealed at the organization’s 2022 Commercial/Multifamily Finance Convention and Expo. trillion of total commercial real estate lending and $474 billion in multifamily lending.

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Commercial Lending Investor Finance 97

Housing Wire

MARCH 21, 2024

Adding his leadership skills will be beneficial at a time when Planet is looking to differentiate itself with various purchase loan products, one-time-close construction loans and other niche programs, the company stated.

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Lending Sales Commercial Loans 351

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.

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Title Commercial Residential Investor 374

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.

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Title Commercial Closing Equity 432

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.

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Title Commercial Closing Technology 384

Housing Wire

NOVEMBER 11, 2022

Also worth noting is the $381 million in revenue generated by the commercial sector, which is up 4% year over year and represents a record high for a third quarter. “I Most of this revenue came from agency title premiums, which generated $1 billion in total revenue, a 27% year-over-year decrease. So I feel like there’s good activity.”.

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Title Commercial Closing Residential 340

Realty Biz

SEPTEMBER 22, 2020

Commercial real estate architecture is changing every year and each year with new materials, layouts, designs and market demands that dictate how the world of real estate develops. Sustainability efforts. Corporate sustainability has been going strong for quite some time and it’s still trending in 2020. Better workplace experience.

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Commercial Development Design Industrial 125

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.

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Title Commercial Residential Closing 368

Realty Biz

APRIL 13, 2022

COVID-19 has not only impacted work models, but it has impacted how commercial office spaces are used and managed. Many emerging technologies and tools are helping businesses to adapt their commercial office spaces to the post-pandemic workforce and helping business leaders to identify the potential to downsize their office spaces. .

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Commercial Technology As-is Closing 98

GeekEstate

APRIL 21, 2021

Geek Estate is about celebrating entrepreneurship, focused on real estate tech (residential and commercial). This week, they announced their 2021 Commercial Cohort. The nine companies selected for the 2021 REACH Commercial are: Valcre : an end-to-end appraisal software solution for CRE. ProDeal : a CRE closing software platform.

Commercial 75

Commercial Land Residential Design 75

Housing Wire

MARCH 30, 2022

We caught up with Hurst to talk about his new role and why the firm is looking to invest in commercial real estate tech startups and mortgage tech firms. Since we now have good coverage across those segments, our more recent investments have primarily focused in two areas – mortgage technology and commercial real estate.

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Title Mortgages Commercial Technology 347

Housing Wire

MARCH 20, 2023

Ultimately, the New York state chartering authority closed the bank on March 12. Flagstar, the 19th-largest mortgage lender in the country, acquired $38 billion in Signature’s assets, including approximately $25 billion in cash and $13 billion in loans, which were exclusively commercial and industrial loans.

Banks 359

Banks Lending Commercial Loans 359

RIS Media

SEPTEMBER 13, 2020

A global view of the pandemic’s impact on the commercial market. Here, we’ll take a look at three core commercial property sub-sectors and how they might be affected by the recent changes in how we live and work. The post Commercial Real Estate: Post-Coronavirus Market Outlook appeared first on RISMedia.

Commercial 127

Commercial Marketing Investor As-is 127

Realty Biz

MARCH 20, 2023

Digital signs in your real estate offices can be configured individually to reflect the demographics for each location much more closely, both in who they are as well as the peak activity periods for each location. This goes double for commercial real estate, as the drive to find investors or commercial clients is very real.

Commercial 94

Commercial Technology MLS Marketing 94

Realty Biz

JANUARY 24, 2021

Commercial real estate, particularly in the retail market, has suffered badly due to the COVID-19 pandemic as public health restrictions have forced many businesses to close or scale back their operations. Rudin, through his company, owns 16 commercial buildings in New York City. This is important for venues.

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Commercial Closing As-is Marketing 108

Housing Wire

JUNE 7, 2022

New York-based AmTrust Title Insurance Company on Tuesday introduced MidPoint , its new title closing solution enabling title agents to work outside their geographic areas to serve clients nationwide. AmTrust Title is a wholly owned subsidiary of AmTrust Financial Services, Inc.

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Title Title search Closing Commercial 336

Housing Wire

OCTOBER 26, 2023

Yearly decreases were reported across the commercial, purchase and refinance segments, with purchase order volume take the largest hit, dropping by over 7,000 opened orders to 53,506 orders. In addition, the average revenue per order to $3,653, primarily attributable to a decrease in the average revenue per order for commercial transactions.

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Title Commercial Equity Residential 333

Housing Wire

MARCH 7, 2024

Federal Reserve Chair Jerome Powell indicated in recent congressional testimony that interest rate hikes are now likely at the “ peak for the current tightening cycle ,” after signaling in November of last year that the Fed was close to the end of its war on inflation. KBRA expects fiscal year 2024 issuance for RMBS 2.0

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Investor As-is Commercial Equity 376

Housing Wire

MAY 3, 2023

. “Our collaboration will enable us to leverage our strengths and expertise to deliver a digitally integrated and secure closing experience that is sure to exceed buyer expectations.” ” With this partnership, Stavvy and WFG are aiming to provide clients with digital closing solutions and a seamless closing experience.

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Title Lending Technology Commercial 350

Housing Wire

FEBRUARY 10, 2023

million, thanks to a 32% annual drop in non-commercial domestic title orders to $171.3 million, and a 28% drop in commercial domestic orders to $66.9 The firm attributes these decreased to “volume declines in direct title and agency operations.” Overall, total direct title revenue for the quarter was down 31% to $269.9

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Title Commercial Investor Staging 306

Housing Wire

JULY 28, 2023

These decreases came as the total number of closed title orders for the quarter dropped to 128,300 from 205,000 a year ago. This decrease, plus the drop average revenue per commercial order from $13,200 to $11,600, was partially offset by a 1% annual increase in revenue per order to $3,640. “We million was down from the $240.7

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Title Commercial Residential Investor 304