Housing Wire

OCTOBER 1, 2021

However, the Federal Trade Commission delayed the deal’s close by extending the review period. The Information reported Thursday that the FTC, under its Joe Biden-appointed chair Lina Khan, did just that, scrutinizing Zillow about its market share in myriad aspects of the residential real estate economy.

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Closing Brokerage MLS Technology 423

Housing Wire

DECEMBER 4, 2020

The Mortgage Bankers Association (MBA) announced the new members of its 2021 Residential Board of Governors and the Chairs of the Residential Committee. ” “MBA is an unparalleled leader in the real estate finance industry,” Stewart said. I’m honored to serve in such a prestigious position,” Arvielo said. “By

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Residential Finance Lending Mortgages 292

Housing Wire

NOVEMBER 2, 2023

Intercontinental Exchange (ICE) Mortgage Technology reported an adjusted operating income of $131 million in the third quarter of 2023, up from Q3 2022’s $126 million — despite the headwinds the mortgage industry is facing. Looking ahead to Q4 2023, ICE expects near-term cyclical headwinds in the mortgage industry to persist.

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Industrial Mortgages Technology Loan Officer 247

Housing Wire

JUNE 30, 2021

Data analytics giant CoreLogic announced on Wednesday the acquisition of closing cost data and tech provider ClosingCorp. Previously, ClosingCorp integrated CoreLogic’s Property Tax Estimator into its SmartFees service and closing platforms in 2018. Further details of the acquisition were not disclosed.

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Closing Closing costs Investor Title 348

Housing Wire

APRIL 6, 2021

A painstaking, uncoordinated movement to fully adopt remote online notarizations nationwide and complete end-to-end digital escrow mortgage closings is gaining even more traction as the real estate industry launches into a new decade in 2021. Where does the industry go from here?

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Closing Mortgages Residential Technology 244

RIS Media

JUNE 27, 2023

OneKey® MLS, the largest MLS in New York, has announced that residential, condo, and co-op sales transactions in the regional MLS coverage area saw a 2.6% increase in closed median sale price month-over-month from April to May 2023. MoM appeared first on RISMedia.

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Housing Wire

MARCH 16, 2023

Though it’s undoubtedly a victory for the industry, it’s a partial one. “I think the industry supports eliminating the DTI-based LLPA,” he said. . “I think the industry supports eliminating the DTI-based LLPA,” he said. In either scenario, costs to consumers will increase.

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Industrial Mortgages Finance Loans 367

Housing Wire

JULY 31, 2022

The pandemic transformed traditional business practices and gave way to a digital revolution that has impacted nearly every industry. This demand for digital business solutions is here to stay and leaders in the mortgage industry are adapting to the changing needs of borrowers everywhere. Rick Triola.

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Closing Technology Commercial Title 293

Housing Wire

MAY 2, 2022

COVID-19 brought many changes to the housing industry as stay-at-home orders forced companies in the space to re-think the mortgage process. The appraisal industry was no exception, creating hybrid or remote models to conduct an appraisal and home inspection without physically entering the home as COVID-19 cases rose.

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Industrial Technology MLS Inspection 362

Housing Wire

OCTOBER 31, 2022

By the end of 2022, roughly 50 merger or acquisition (M&A) transactions will be announced or closed, which is 50% more than 2018 — the record year for lender consolidation, according to Stratmor Group. The expectation of continued margin compression in 2023 and 2024 has resulted in the onset of industry consolidation,” Hrobon said.

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Industrial Mortgages Principal Loans 313

Housing Wire

APRIL 26, 2021

As housing professionals navigate regulatory changes and accelerated tech adoption, wire and title fraud risk factors in mortgage and real estate closings increased almost 90% in the last quarter. The post Fraud risk factors at closing increased almost 90% last quarter appeared first on HousingWire. Lingering effects of COVID-19.

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Closing Title Banks Technology 434

Housing Wire

MARCH 14, 2022

and abroad by world and industry leaders was highlighted in the “Pandora Papers,” a trove of nearly 12 million confidential documents obtained and published by the International Consortium of Investigative Journalists. When the ANPRM comment period closed in late February, FinCEN had received over 150 public comments.

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Industrial Title Commercial Banks 397

Housing Wire

APRIL 25, 2024

Claire boasts a conversational interface to guide users through every step of the homebuying journey, from property search to deal closing. The tool helps match buyers with the ideal property while providing insights into market trends and property values.

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Agents Technology Residential Industrial 333

Housing Wire

FEBRUARY 5, 2021

Multi-year HousingWire Tech100 winner Built Technologies , a construction finance software and construction payment technology company, closed an $88 million Series C funding round. Last year, Built acquired lienwaivers.io , a provider of lien waiver management and payment solutions for commercial and residential construction.

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Technology Closing Construction Commercial 237

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 426

Housing Wire

MARCH 15, 2024

Let’s face it: joint ventures (JVs) and affiliated business arrangements (ABAs) are all the rage in the residential real estate space right now. Market conditions have certainly trended downward for residential or commercial real estate. And why not? CRE firms are also suffering through the highest interest rates seen in years.

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Commercial Brokerage Due diligence Title 363

Housing Wire

MAY 17, 2024

Horton, who was involved in the real estate and homebuilding industries since 1972, served as chairman of D.R. Horton closed 87,801 homes in its homebuilding operations, as well as 6,248 single-family rental homes and 2,536 multifamily rental units in its rental operations. Horton , the largest homebuilder by volume in the U.S.,

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Title Development Residential Finance 329

Housing Wire

SEPTEMBER 1, 2023

Mortgage industry veteran Jerry Schiano, Spring EQ founder and CEO, and the current management team, will lead the company following the completion of the transaction, which is expected to happen in the fourth quarter of 2023. The deal is subject to customary closing conditions and regulatory approvals.

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Equity Loan Officer Residential Commercial 350

Realty Biz

FEBRUARY 25, 2023

FirstService Residential, North America’s property management leader, named Bob Rogers director, of client relationship management. As an accomplished industry professional, Rogers returns to FirstService Residential, where he spent 10-plus years as a regional director.

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Residential Property Management Industrial Development 93

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 327

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%

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MLS Residential Agents Industrial 358

Housing Wire

MAY 20, 2024

These include refreshed guidance on applications and disclosures, HECM eligibility, property acceptability and underwriting, closing requirements, and program details for HECM for Purchase (H4P) and reverse mortgage applicability to condominiums.

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Mortgages Inspection Residential Equity 358

Housing Wire

MAY 24, 2021

It’s the moment everyone fears: in the frenzy to close a house sale, commitment to fraud preventions falters. Fraud prevention was slowly escalating as an industry priority when 2020’s strange confluence of factors hit. Trying to keep with the drive to the finish line, the harried consumer let down their guard.

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Title Residential Equity Closing 403

Housing Wire

JANUARY 29, 2024

HousingWire recently spoke with Jonathan Willen, chief revenue officer at LERETA , about the upcoming escrow wave, the rising threat of cyber attacks on servicers and what trends he’s seeing in the industry this year. Our industry is now facing two new threats that are anything but normal.

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Commercial Residential Technology Industrial 346

Housing Wire

AUGUST 6, 2020

. “We are excited to be joining the Intercontinental Exchange family and having the opportunity to work closely with Simplifile and MERS in helping our industry to realize the true digital mortgage,” said Jonathan Corr, president and CEO of Ellie Mae. “We residential mortgage industry.”. Based in Pleasanton, Calif.,

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Residential Equity Mortgages Industrial 529

Housing Wire

APRIL 13, 2023

The purchase, which includes the bank’s consumer-direct technology platform, is expected to close in the second quarter of 2023. The BNC platform is expected to transition to the First Federal branch within a few months of closing. Terms of the transaction were not disclosed. The bank’s production volume more than halved to $1.04

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Banks Mortgages Loan Officer Residential 350

Broke Agent Media

JANUARY 12, 2023

New Western released their latest report, showing investors remain confident in residential real estate investment for 2023. for fix-and-flip residential investment properties, released their latest report: “ The Flip Side: An Outlook for Residential Real Estate Investing in 2023.” labor market in 2023.

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Residential Investor Renovation Mortgages 98

Housing Wire

JULY 18, 2023

In recent weeks the brokerage has welcomed brokers and agents who have collectively closed over $110 million in the last 12 months, the company claims. Garza is joining The Agency after nine years at Rogers Healy Associates , where she closed $20 million in sale volume last year. He closed $23 million in sales volume in 2022.

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Agents Loan Officer Principal Brokerage 352

Housing Wire

MARCH 21, 2024

” “Matt’s role is crucial as we look to attract and support the best talent in the industry,” John Bosley , Planet’s president of mortgage lending, said in a statement. Planet Home Lending is an originator, correspondent lender, servicer and subservicer of agency and nonagency residential and commercial mortgages.

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Lending Sales Commercial Loans 323

RIS Media

FEBRUARY 4, 2022

notched the best year in its history, growing its footprint and garnering several accolades from prominent industry publications, the company reported. We have the most robust business platform in the industry, which allows our associates to do more business,” said Denise Smith, president of Real Estate Services for the Weichert Companies.

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Residential Brokerage Technology Closing costs 95

Housing Wire

FEBRUARY 7, 2023

Digital closing platform Snapdocs announced on Tuesday that it has completed its integration with Mortgage Cadence, a cloud-based digital lending platform. This integration will enable lenders to finalize closing documents using Snapdocs within Mortgage Cadence’s loan origination system (LOS).

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Mortgages Lending Loans Technology 314

Housing Wire

SEPTEMBER 7, 2023

Leading Real Estate Companies of the World (LeadingRE) has promoted Jessica Edgerton to chief legal officer/executive vice president of industry and learning and Kate Reisinger to chief operating officer. Edgerton’s mission will also be to foster diversity and inclusivity within the broader industry.

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Brokerage Residential Industrial Agents 350

RIS Media

APRIL 21, 2023

OneKey MLS–servicing the southern regions of New York state such as the Hudson Valley, New York City, and Long Island–maintains a monthly report keeping track of changes to the residential real estate market. On April 18, 2023, the MLS released its report covering February to March, 2023.

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MLS Residential Marketing Closing 80

Housing Wire

MARCH 29, 2024

The real estate industry is facing yet another commission lawsuit , but this time the plaintiff is not seeking class-action status. The reality is, of course, that buyer brokers, just like the mortgage brokers, lawyers, home inspectors, were all paid by the Plaintiffs on the day of closing,” the complaint states.

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Purchase and sale agreement MLS Agents Residential 393

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. MidPoint’s three transaction service levels are the “title-only workflow,” the “sub-escrow workflow,” and the “full-escrow service.”.

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Title Title search Closing Commercial 312

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 324

Housing Wire

JULY 27, 2023

Austin, Texas-based OJO promoted industry veteran Chris Heller to president while Jerimiah Taylor will move into the chief real estate officer role that Heller held. In his new role, Taylor will work closely with OJO CEO and Founder John Berkowitz. ” OJO is a real estate technology company focused on improving homeownership. .”

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Technology Residential Industrial Mortgages 290