Housing Wire
OCTOBER 14, 2020
Though its earnings were disappointing overall, residential lending at Wells Fargo rebounded in the third quarter, both in terms of income and origination volume. The bank originated $62 billion in home loans during the third quarter, up 5% from $59 billion in the prior quarter. In the third quarter of 2019, Wells Fargo originated $58 billion in mortgages.
Keeping Current Matters
OCTOBER 14, 2020
Many industries have been devastated by the economic shutdown caused by the COVID-19 virus. Real estate is not one of them. Mark Fleming, Chief Economist for First American , just reported : “Since hitting a low point during the initial stages of the pandemic, the only major industry to display immunity to the economic impacts of the coronavirus is the housing market.
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Housing Wire
OCTOBER 14, 2020
In time for National Hispanic Heritage Month, the National Association of Realtors has launched ‘NAR en Español,’ a Spanish language subsite to the association’s main webpage. According to NAR, its Spanish-speaking membership continues to grow at a historic pace. Since 2018, the NAR en Español initiative has helped Spanish-speaking Realtors leverage networking and additional sources, the association said.
Jason Fox
OCTOBER 14, 2020
How to Use Social Data to Launch a Successful Video Marketing Campaign. Companies from every industry are crazy about video marketing. For them, it’s a fun way to engage their audiences and also an effective strategy to boost brand exposure. It’s not just empty rhetoric, it’s a proven fact. Just take a look at these stats by Biteable: video content attracts 300% more traffic and effectively nurtures.
Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering
The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless 5G connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to in-room entertainment and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that are enabling
Housing Wire
OCTOBER 14, 2020
Mortgage applications held relatively steady last week, falling 0.7% from the week prior, according to a report from the Mortgage Bankers Association. After hitting their highest level since mid-August the week before, refinances experienced a slight 0.3% dip but remained 44% higher than the same week a year ago. Refinances also continued to inch closer to two-thirds share of mortgage activity as they increased to 65.6% of total applications.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Housing Wire
OCTOBER 14, 2020
Houston, Texas (Katy). “Even through the pandemic, home sales have been at record levels here,” said Andi Bolin, the Texas state manager for Knight Barry Title, which just opened its office over the summer. As a new player in the Houston real estate market, Bolin added that she’s proud of how her team has handled the volume of orders on top of everything that normally goes into establishing an operation in a new area.
Eye on Housing
OCTOBER 14, 2020
Prices paid for goods used in residential construction climbed 1.8% in September (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The index for inputs to residential construction, goods less food and energy (i.e. the “core”)—a less volatile price measure—increased 2.2% over the month.
Housing Wire
OCTOBER 14, 2020
This article was written for FinLedger, HW Media’s new fintech focused news brand designed specifically for financial services professionals in banking, payments, insurance and proptech. Register for the FinLedger Daily Newsletter. Fintech startup StreamLoan is dipping its toe in the insurtech pool. San Francisco-based StreamLoan has forged a partnership with insurance giant Progressive enabling home buyers and homeowners who use StreamLoan’s digital mortgage platform to obtain quotes for homeow
Brownstoner
OCTOBER 14, 2020
Here's an opportunity to become just the third owner of a Prospect Heights row house that has a wealth of original details sure to appeal to a true brownstone aficionado. Located within the Prospect Heights Historic District, it's one of row built in 1901 on a stretch of Sterling Place… Read More > The post Intact Prospect Heights Brownstone With Mantels, Stained Glass, Marble Sinks Asks $3.595 Million appeared first on Brownstoner.
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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.
Housing Wire
OCTOBER 14, 2020
In this session on servicing technology, you will discover: The benefits of adopting an AI-driven process to streamline and standardize data. The power of automating your help desk, processes,and decision-making. Why it’s critical to automate processes associated with forbearance, loss mitigation, default management, and bankruptcy/foreclosure optimization.
The Mortgage Report
OCTOBER 14, 2020
VA loan rates are typically the lowest on the market, even below FHA or conventional mortgage rates. Find out if you qualify for a low-rate VA loan.
Housing Wire
OCTOBER 14, 2020
NetOxygen Launchpad (POS) and NetOxygen Loan Origination Solution (LOS). NetOxygen Launchpad is a borrower/banker portal. Using NetOxygen Launchpad, borrowers are actively engaged in the origination process, while lenders can achieve significant productivity gains. NetOxygen LOS enables lenders to streamline the end-to-end lending processes, delivering a truly digital mortgage experience.
Homes.com
OCTOBER 14, 2020
The homebuying process is fraught with challenges, and rarely does it go off without a hitch. But you can avoid. The post Want to Avoid a Stressful Homebuying Journey? Do These Steps to Get Prepared appeared first on Homes.com.
Speaker: Abdi Ali, Sr. Lease Accounting Consultant
Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.
Housing Wire
OCTOBER 14, 2020
Pulse CRM. We supercharge your loan origination system and provide lead management tools, automated email marketing, loan status alerts and intelligent task management — so you don’t have to. Product Fast Facts: #1. We have automated status alert emails and text messages — take your choice of one or both! #2. Our setup process is turnkey. Have your holiday, birthday and loan status emails running on their own by next week. #3.
Realtor.com
OCTOBER 14, 2020
Wicki58/iStock As more baby boomers begin planning for retirement, necessities like affordable housing, low taxes, and a reasonable cost of living suddenly become top considerations. Some warm weather and beautiful beaches wouldn’t be bad either. So it’s not exactly surprising that seven of the top 10 places to retire in 2020 are in the Sunshine State of Florida, which has long held an irresistible lure for seniors, according to a recent report from U.S.
Housing Wire
OCTOBER 14, 2020
Inspex TM by Xome. Inspex is a new, DIY home inspection and valuations app that empowers lenders to provide their customers with a simple, contactless option. Not just a photo-collection tool, Inspex significantly reduces inspection wait times by as much as 50 percent – improving the experience for everyone. Product Fast Facts: #1. Inspex is a safe and secure way to complete property valuations at lower costs than previously possible, without the inconvenience of scheduling appointments. #2.
HomeLight
OCTOBER 14, 2020
Did you choose your real estate agent based on a friend-of-a-friend’s referral, a quick Google search, or even a flyer in a mailbox? Is your gut telling you it isn’t the right fit, but you’re not sure if it’s worth the hassle to cut ties? We get that it’s inconvenient to go back to square one of the Realtor hiring process. And you’ll (temporarily) feel like a jerk firing an agent who’s already done some legwork for you.
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In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.
Housing Wire
OCTOBER 14, 2020
Doug Duncan , Fannie Mae ’s Vice President and Chief Economist, will talk about what lenders and others in mortgage can expect this year and next in the economy. Record low rates have fueled an origination boom, driving a banner year for refis. But how long will those low rates last, and what is happening in the larger economy that will affect next year’s origination strategy?
Agent Drive
OCTOBER 14, 2020
Who doesn’t love a good home improvement project, right? Being able to see your home change and modify it in front of you is exciting, isn’t it? However, the reason why many people can’t do so is that they’re living in rented homes and there are several restrictions. But that’s not how it always has […]. The post 5 Home Improvement Projects That You Can Do Even If You’re Renting A House appeared first on AgentDrive.
Housing Wire
OCTOBER 14, 2020
On the heels of going public, Rocket Companies’ broker channel, Quicken Loans Mortgage Services (QLMS), made waves throughout the industry when it announced it would be rebranding to Rocket Pro TPO in an effort to closer align itself with the brand that has become ever-present in the lending space. Its leader, Executive Vice President Austin Niemiec, recently chatted with HousingWire to discuss the transition and why the lender believes this will generate massive success for its partners.
The Mortgage Report
OCTOBER 14, 2020
Today’s mortgage and refinance rates Average mortgage rates edged lower yesterday. And conventional loans today start at 2.75% (2.75% APR) for a 30-year, fixed-rate mortgage. Absent startling developments during the […].
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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.
Housing Wire
OCTOBER 14, 2020
The threat of climate change was overshadowed this year by a series of other unfortunate events, but green housing has been gaining momentum and looks poised to take off in important ways next year. We’ve gathered experts who have been working on green initiatives for years at the GSEs and in private companies to talk about the exciting ways green housing will affect mortgage lenders and the consumers and communities they serve.
RIS Media
OCTOBER 14, 2020
When you go looking at houses, you may see some with features that immediately turn you off. In many cases, though, it’s a good idea to overlook those flaws. You may be able to buy a house in good condition at an affordable price and make some minor, inexpensive repairs. . Paint. Potential buyers are sometimes turned off by the seller’s choice of paint.
Housing Wire
OCTOBER 14, 2020
Prescriptive Scenarios. Prescriptive Scenarios enable loan officers to connect a borrower with the right type of loan at the right time based on the borrower’s needs and qualifications. It levels the playing field between your low performers and your top performers creating a full team of super producers! Product Fast Facts: #1. In 3 years, our lender clients produced $18B in new loan originations. #2.
RIS Media
OCTOBER 14, 2020
There is no doubt that the presence of automation software has helped real estate businesses operate more efficiently and smoothly than ever before. It is now common for teams to use CRMs, AI chat bots, automated email marketing, task management software and more. For some businesses, agents and brokers are finding that their lead management results can dip when using automated front-end communication tools; so what is the perfect balance for incorporating automated marketing methods, yet still
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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.
Housing Wire
OCTOBER 14, 2020
Creating a simple, secure, and transparent borrower journey from start to finish enables lenders to increase conversion and deliver higher customer satisfaction. Join SimpleNexus to see the key components of delivering a single login experience to refi and purchase customers from initial engagement to closing with ease. Watch the full session below.
The American Genius for Real Estate
OCTOBER 14, 2020
(BROKERAGE) The first affordable housing REIT is here – and it’s founded by two of the largest Black-owned firms in the country. The post The first affordable housing REIT is here, and it’s Black-owned appeared first on The American Genius Real Estate.
Housing Wire
OCTOBER 14, 2020
AutoPrep by DocMagic. AutoPrep transforms any standard document or PDF into a fully e-enabled document in seconds. Using AI, OCR, and machine learning technologies, AutoPrep scans and parses documents, locating all signature and notary regions, and then electronically tags them for eClosing. Now lenders can use loan documents produced by ANY document provider with our Total eClose® platform.
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