Housing Wire

JANUARY 17, 2024

For real estate professionals, this option presents an opportunity to capture more sales. But unlike financing with a traditional mortgage, monthly principal and interest payments are not required on the loan, so long as the homeowner keeps up to date with real estate taxes, homeowners’ insurance and property maintenance.

Finance 453

Finance Seller concession Loan Officer Loans 453

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. McGarry said Guild would look for companies that will strengthen Guild’s retail channel, but will be very patient in closing a deal.

Industrial 374

Industrial Mortgages Principal Loans 374

Housing Wire

AUGUST 9, 2022

LLC , recently announced that it is exploring a potential company sale or merger in the wake of posting a $22.4 billion in assets, has a diverse portfolio of residential and commercial real estate assets. The principal balance of WMC’s residential whole loan portfolio at June 30 stood at $1.24 WMC, with some $2.8

Marketing 394

Marketing Bankruptcy Loans Principal 394

Housing Wire

FEBRUARY 16, 2022

The mortgage servicing rights market took off like a rocket in January and it has continued to accelerate into the stratosphere in February, according to industry experts who follow the MSR market closely. We closed a $10 billion deal not long ago,” he said. Next, we might be working on $30 billion or $40 billion [in MSR deals].

Marketing 382

Marketing Principal Banks Loans 382

Housing Wire

MARCH 10, 2022

The gain-on-sale margin on originations declined from 5% in 2020 to 4.02% in 2021, but at the end of the fourth quarter, it had fallen to 3.47%, generally consistent with industry trends. The company’s unpaid principal balance increased 18% last year to $70.9 billion in loan originations, at a gain on sale margin of 4.15%.

Marketing 405

Marketing Loans Principal Mortgages 405

Housing Wire

SEPTEMBER 22, 2022

Marty Green, principal with mortgage law firm Polunsky Beitel Green , described increasing affordability pressures in the housing market as “throwing cold water on what was a frenzied residential real estate market.”. Existing home sales declined for seven consecutive months in August, declining 0.4% year-over-year.

Mortgages 417

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 417

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Lending 370

Lending Title Mortgages Equity 370

Housing Wire

APRIL 1, 2021

Residential brokerage Compass is now a publicly traded company, with shares trading at $20.15 at close of the New York Stock Exchange on Thursday. billion, according to a note released Wednesday by Nima Wedlake, a principal at Thomvest Ventures. The New York City-headquartered company began offering shares Thursday morning.

Brokerage 368

Brokerage Principal Loans Branding 368

Housing Wire

FEBRUARY 8, 2024

They’ll want to know you have what it takes to close the type of deal they are looking for, and that you can help them reach their financial goals. To begin with, his reputation for excellence is ironclad: over a decade of experience as a real estate broker and over $300,000,000 in total sales. So let your personality shine.

Agents 405

Agents Construction Design Branding 405

Housing Wire

MARCH 26, 2021

“It’s one of the hottest cities to move to in northern New England,” said Dava Davin, a principal broker at Portside Real Estate Group in Portland. With demand that high, homes for sale are going under contract 24 to 36 hours after they are put on the market. But the actual sales prices are much higher — up 31.4%

Marketing 462

Marketing Land Principal Sales 462

Housing Wire

FEBRUARY 7, 2023

Assumable mortgages enable the value of the mortgage savings to be partially capitalized into the home’s sales price, allowing the owner-occupant to outbid even a cash investor. Servicers can only charge up to $900 to process, underwrite and close a transaction that includes a loan assumption. Tozer suggested “a fee of 1.3%

FHA loan 383

FHA loan Mortgages Loan Officer VA loan 383

Housing Wire

JUNE 16, 2022

neighborhood, housing market, Fall, homes, new house sales, forbearance. Consequently (it) will shrink the buyer pool,” Yun said, adding: “Sales could fall even further with some inventory sitting on the market for more than a month like in the pre-pandemic days.”. Existing home sales dropped 2.4% in April from March to 5.61

Marketing 417

Marketing Fixed-rate mortgage Loan Officer Pre-approval 417

Housing Wire

FEBRUARY 3, 2022

Incenter Mortgage Advisors was flooded with a surge of mortgage-servicing rights business in January — with bulk MSR sales approaching in one month what the firm normally tallies in an entire year. In fact, five of the deals involved MSRs pegged to loan pools that exceeded $10 billion in unpaid principal balance. million to $23.7

Purchase and sale agreement 370

Purchase and sale agreement Marketing Equity Banks 370

Toronto Realty Blog

NOVEMBER 29, 2023

What does it mean when the real estate market is slow, prices have declined, pre-construction sales and prices are even more sluggish, and yet some pre-construction condominium developers in the midtown area are currently charging up to $2,000 per square foot? I’m not entirely sure. Maybe you can come up with a better analogy for me?

Construction 74

Construction Sales Purchase and sale agreement Development 74

Housing Wire

FEBRUARY 28, 2023

Right-sizing as a painful year comes to a close The theme of the earnings call on Tuesday after market close was right-sizing. billion in cash, “continues to be conservative with respect to capital management during this very severe operating environment for non-bank residential mortgage companies.” Rocket has 2.5

Mortgages 370

Mortgages Principal Title As-is 370

Housing Wire

MARCH 1, 2023

That reflects a substantial reduction in new and existing-home sales and refinancing. Net issuance represents new securities issued less the decline in outstanding securities due to principal paydowns or prepayments. trillion by the close of 2024. Outright sales of 2% and 2.5% Outright sales of 2% and 2.5%

Marketing 382

Marketing Banks Mortgages Investor 382

The Close

SEPTEMBER 30, 2020

After 26 years of being a residential real estate agent, managing broker, and real estate coach, I too have wondered if there is a massive benefit for me to get my CCIM designation. Making the Transition From Residential Agent to Commercial Agent. How Much Does Getting Your CCIM Cost in 2020? 4 Steps to Getting Your CCIM in 2020.

Residential 102

Residential Design Agents Commercial 102

Housing Wire

DECEMBER 22, 2023

Thus, while we think home sales will start to rise over the new year, the combination of modest increases in home prices and still-elevated interest rates suggest a slow pace of recovery from previously recessionary levels of housing activity.” As 2023 moved toward a close, 30-year fixed rates had dropped into the mid-to-high 6% range.

Mortgages 436

Mortgages Banks Loans Industrial 436

Housing Wire

MARCH 17, 2022

These multiple market pressures have fueled rate volatility and accompanying pricing-execution pressures that have led to a difficult beginning of the year for the private-label securities (PLS) market, according to market experts, and, as a side effect, sparked a more robust market for whole-loan sales — with loans often being sold at a discount.

Loans 350

Loans Marketing Due diligence Residential 350

Housing Wire

DECEMBER 13, 2023

As 2023 winds to a close, so too does a brutal year for the housing market, a year marked by rising rates , steep home prices , scarce inventory and anemic mortgage originations, compared with the boom years of 2020 and 2021. Other sectors The narrative is similar for the private-label residential mortgage-backed securities (RMBS) market.

Mortgages 395

Mortgages Marketing Banks Investor 395

The Residential Specialist

DECEMBER 21, 2022

Experts who worked through The Great Recession of 2008 share how to handle tricky short-sale transactions. With its perfect storm of record-low property values and record-high unemployment, The Great Recession of 2008 triggered a rash of residential short sales. Short sales are not suited to all REALTORS ®.

Short sale 52

Short sale Sales Banks Principal 52

RIS Media

APRIL 6, 2021

United® Real Estate’s company-owned operations have recently been recognized as the eighth largest residential real estate brokerage in the nation ranked by number of transactions. 8 in sales transactions and to No. 14 in closed sales volume. 8 in sales transactions and to No. 14 in closed sales volume.

Brokerage 98

Brokerage Principal Residential Sales 98

Housing Wire

SEPTEMBER 10, 2020

Orchard , which operates a home buying and selling marketplace, has closed on a $69 million Series C round led by Revolution Growth. Upon closing, customers are able to move in when ready and won’t have to start paying a mortgage until their old home sells. We also give them something called a guaranteed sale price,” Cunningham added.

Title 284

Title Branding Principal Loans 284

Housing Wire

JANUARY 25, 2023

Market speculation that Wells Fargo is contemplating a huge bulk sale of mortgage servicing rights (MSRs) may well be a case of a rumor that is all hat and no cattle. As of the start of this year, Wells Fargo’s all-agency MSR portfolio included some $608 billion in loans serviced based the unpaid principal balance, or 7.3%

Banks 377

Banks Loans Mortgages Sales 377

Fancy Pants Homes

AUGUST 19, 2022

Selling Sunset is one of the most watched series on the platform, following agents at The Oppenheim Group as they navigate the daily dramas and dealings of the high-stake luxury residential market in L.A. Buying Beverly Hills will focus on agents at The Agency (that’s a fun play on words) and the ultra-fab Beverly Hills residential market.

Branding 105

Branding Principal Residential Closing 105

RIS Media

JUNE 13, 2021

Metro Region operations with the addition of Principal Broker Zhanneta Nekrich. United has experienced significant growth across the nation and ranked 8th in sales volume in RISMedia’s 2021 Power Broker Report. In 2008, she started her own sales team and led them to great success, closing more than 300 residential sales in D.C.,

Residential 75

Residential Principal Development Industrial 75

Sotheby's International Real Estate

AUGUST 16, 2020

As restrictions begin to lift all around the world, people are looking closely for investment opportunities. La Massana, Principality of Andorra | Narcís Socías Tomàs , Andorra Sotheby’s International Realty . Explore luxury homes for sale in Andorra. Explore luxury homes for sale in Portugal.

Principal 88

Principal Investor Branding Residential 88

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. So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? And why not?

Commercial 414

Commercial Brokerage Due diligence Title 414

Realty Biz

APRIL 5, 2023

According to Steve Doty, Broker/Owner of ERA Doty Real Estate, the combined company is now comprised of six offices and 160 agents who were responsible for $322 million in sales volume in 2022. His first acquisition was a company in Flippin, Arkansas, which is close to where he grew up.

Technology 81

Technology Principal Residential Brokerage 81

First Team Real Estate

SEPTEMBER 20, 2021

Closing over $1 billion in residential real estate transactions over the course of her career, Sue La Bounty is in a league all her own.

Agents 98

Agents Staging Principal Design 98

Realty Biz

MARCH 3, 2022

Ron Cika, who serves as principal broker, founded the firm in 2000 and thereafter started Nexstar Title and Escrow in 2008, US Assurance Insurance Agency in 2020 and Millennium Mortgage in 2021. The newly combined operations now comprised three offices with more than 475 agents responsible for $300 million in sales volume in 2021.

Branding 73

Branding Principal Brokerage Title 73

The Close

APRIL 27, 2022

In Oregon, a more experienced professional who manages other agents is called a principal broker. Readers of The Close can save 30% on any of The CE Shop’s prelicensing and business-building courses. Readers of The Close can save 30% on any of The CE Shop’s prelicensing and business-building courses. Related Article.

Principal 52

Principal Brokerage Agents Closing 52

The Residential Specialist

APRIL 27, 2023

Rob Levy, CRS, a principal broker with Keller Williams Realty Professionals in Portland, Oregon, says he didn’t get a second license to get rich. But he still maintains close ties with his New England clients, continuing to operate an office in Massachusetts. And I’ve been very busy and active in the market since,” he says.

Principal 52

Principal Agents Title As-is 52

RIS Media

MARCH 5, 2021

While people will be more comfortable, a lot of the trends and technology that we adopted during the pandemic, like virtual meetings and closings, will remain as part of our arsenal, and productivity will increase,” says de Nuñez y Lugones.

Principal 119

Principal Industrial Agents Technology 119

Real Trends

MAY 2, 2022

Now being piloted in the Washington, DC, market, DropOffer’s principals are talking with major brokers throughout the country. Our app lends itself to the mid- to upper market right now where sellers are looking to get a premium on a potential sale,” says Burns. DropOffer gives an agent the ability to search virtually any U.S.

Agents 52

Agents Marketing Principal Branding 52

Real Trends

MAY 2, 2022

Now being piloted in the Washington, DC, market, DropOffer’s principals are talking with major brokers throughout the country. Our app lends itself to the mid- to upper market right now where sellers are looking to get a premium on a potential sale,” says Burns. DropOffer gives an agent the ability to search virtually any U.S.

Marketing 52

Marketing Agents Principal Branding 52

GeekEstate

APRIL 2, 2021

Compass has earned a reputation within the real estate community for actively recruiting high-performing agents, via its enterprise sales team as well as through direct M&A of independent brokerages and agent teams. Additionally, Compass’s Principal Agent retention rate has exceeded 90% in each of the last three years.

Principal 71

Principal Brokerage Investor Technology 71