Keeping Current Matters

FEBRUARY 2, 2023

The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year.

Marketing 257

Marketing Mortgages 257

Housing Wire

FEBRUARY 2, 2023

The Federal Reserve Chairman Jerome Powell maintained a hawkish tone during his speech at a press conference on Wednesday afternoon — but it wasn’t hawkish enough to keep optimism from spreading across the markets as mortgage rates dropped closer to 6%. “Inflation remains well above our longer-run goal of 2% over the 12 months ending in December: total PCE prices rose 5%; excluding the volatile food and energy categories, prices rose 4.4%,” Powell told journalists. “While recen

Fixed-rate mortgage 418

Fixed-rate mortgage Mortgages Marketing Loans 418

Inman

FEBRUARY 2, 2023

The motivation for Shemesh's termination was not immediately known and came just over one year after Shemesh and his four-person team moved to SERHANT. from Douglas Elliman.

Development 167

Development Brokerage Agents 167

Housing Wire

FEBRUARY 2, 2023

Dallas-based mortgage servicing software provider OrangeGrid announced on Thursday that Flagstar Bank has implemented its mortgage servicing software to “manage its loss mitigation processes and enhance internal efficiencies.” “OrangeGrid is good news for Flagstar’s borrowers because it means a faster review for them and a more timely return to a performing status for their loan,” Todd Mobraten, CEO and founder of OrangeGrid, said in a statement.

Banks 83

Banks Mortgages Lending Loans 83

Advertisement

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.

Development

Inman

FEBRUARY 2, 2023

The independent brokerage has hired Diyanna Ahuja to lead its team of more than 500 agents, who brings 2 decades of experience in luxury retail operations and real estate to the role.

Brokerage 158

Brokerage Agents 158

Housing Wire

FEBRUARY 2, 2023

Intercontinental Exchange (ICE) Mortgage Technology reported operating income of $57 million in 2022, down from last year’s $397 million — a reflection of the headwinds the mortgage industry is facing. The silver lining for the business was the strong sales in its Encompass loan origination software system in the fourth quarter, executives said in its latest earnings call on Thursday.

Technology 396

Technology Sales Mortgages Lending 396

Housing Wire

FEBRUARY 2, 2023

Maryland-based mortgage lender Apex Home Loans has appointed Leo Anzoleaga as its senior vice president of residential lending. In his new role, Anzoleaga will be tasked with generating more residential mortgage business, fostering business partnerships and improving customer experience. “What I’m most excited about in joining Apex is the opportunity to work with not only an industry leader, but also how Apex and I share the same vision around building community, cultivating an excellent team, a

Lending 396

Lending Residential Loans Mortgages 396

Inman

FEBRUARY 2, 2023

In a Medium post published on Thursday, Gorman promised to lead by example with a shift into affordable housing projects while revealing new details about his departure from Coldwell.

Brokerage 158

Brokerage Agents 158

Housing Wire

FEBRUARY 2, 2023

Finance of America (FOA) indirect subsidiary Incenter is selling its title insurance businesses, according to an announcement made on Thursday. Incenter has entered into an agreement with a wholly owned subsidiary of Essent Group Ltd. to sell the issued and outstanding shares of Agents National Title Holding Company (ANTIC) and the issues and outstanding membership interest of Boston National Holding LLC (BNT) — as well as the direct subsidiaries of ANTIC and BNT — for a price of $100 million, a

Title 78

Title Sales Finance Equity 78

Inman

FEBRUARY 2, 2023

The struggling iBuyer confirms the company has laid off an unspecified number of employees, with more details coming on the Feb. 22 fourth-quarter earnings call.

Industrial 158

Industrial Mortgages 158

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.

Industrial

Housing Wire

FEBRUARY 2, 2023

The California-based Pennymac Financial Services executives rightsized the company and invested in its servicing portfolio amid a shrinking market in 2022. Despite their efforts, profits still dropped to $475.5 million last year, down from $1 billion in 2021, the company reported on Thursday. In Q4 2022, the net income came in at $37.6 million, declining from $135 million in Q3 2022 and $173 million in Q4 2021.

Marketing 361

Marketing Banks Principal Loans 361

Inman

FEBRUARY 2, 2023

This week, Byron Lazine and Nicole White are talking about year-end home sales numbers, Jason Oppenheim's commission lawsuit comments, and the weekly media review Left, Middle, Right.

Sales 158

Sales Industrial Agents 158

Realtor.com

FEBRUARY 2, 2023

Photo-Illustration by Realtor.com; Photos: Getty Images (2) After suffering all-time lows during the COVID-19 pandemic, the supply of homes for sale has rebounded with a bang. January marked a whopping 65% more real estate listings than this same month a year earlier, according to a recent inventory report from Realtor.com®. And while home prices are still up year over year, they’ve declined from the pandemi4 GHJ43;;;;;;;;;;;;;;;;;;;;;;GHF///.HHH??????????????????????????????

Marketing 126

Marketing Mortgages Sales As-is 126

Inman

FEBRUARY 2, 2023

In a Worker Adjustment and Retraining Notification, the company outlined its plans to reduce its workforce size. The company began executing the plan Tuesday in Springfield, Illinois.

Mortgages 158

Mortgages 158

Advertisement

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.

Brokerage

Realtors Property Resource

FEBRUARY 2, 2023

Does your techstack… lack? Juice it up with these ten recommended mobile apps for real estate agents, courtesy of RPR (Realtors Property Resource). The post RPR’s top 10 Mobile Apps for Real Estate Agents appeared first on Realtors Property Resource (RPR).

Agents 116

Agents Marketing 116

Inman

FEBRUARY 2, 2023

A fraud lawsuit filed by Davis against Keller, Keller Williams and Josh Team will continue separately from a sexual misconduct suit filed by Inga Dow against Davis, Keller, and KW.

Brokerage 158

Brokerage Agents 158

Bigger Pockets

FEBRUARY 2, 2023

The U.S. housing market is facing an affordability crisis.

Marketing 111

Marketing Mortgages 111

Inman

FEBRUARY 2, 2023

A new year and yet another agent is missing. How can agents keep the conversation about safety practices for women as an ongoing conversation? Trainer Rachael Hite says women need to make safety a part of their daily routine for themselves and the ones they care about.

Agents 148

Agents As-is Brokerage 148

Advertisement

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.

Agents

Real Trends

FEBRUARY 2, 2023

Despite the economic headwinds that continue to swirl, there is still room for opportunity in real estate. While 2022 may be remembered as a year of housing volatility, 2023 presents the opportunity for some normalcy to return to the market. Mortgage rates are expected to stabilize as home sales and prices moderate, welcoming many Americans into the housing market who may have been stuck on the sidelines last year.

Mortgages 110

Mortgages Finance Agents Loans 110

Inman

FEBRUARY 2, 2023

The biggest takeaway from ICNY for trainer and author Bernice Ross? Regardless of what the market does or whatever the latest whiz-bang technology is, the basics are still the name of the game when it comes to real estate.

Technology 148

Technology Marketing Brokerage Agents 148

Realty Biz

FEBRUARY 2, 2023

This is the cheapest and most affordable advertising in the world. Why? Content marketing allows realtors to connect with prospects personally. In today’s society, social media environment, information is abundant and sometimes overwhelming. Realtors must send the right messages to their clients at the right time. The first thing homebuyers of all generations do when looking for a home is to look for online listings. 84% of homebuyers look for homes online and inquire about them.

Marketing 109

Marketing Branding Development Design 109

Inman

FEBRUARY 2, 2023

U.K.-based Purplebricks remains one of the best examples in the world of a real estate disruptor going from zero to one, according to Mike DelPrete. Here's what we can learn from its journey.

Technology 122

Technology Industrial 122

Advertisement

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.

Agents

NAR: Economic Outlook

FEBRUARY 2, 2023

Young Adults Moved Home, But Now are Moving Out In 2022, 15.6% of young adults aged 25 to 34 lived at home with family. In 2020, those figures grew to the highest share recorded since 1960, 17.8%.

107

107

Inman

FEBRUARY 2, 2023

The struggling lender's pivot to reverse mortgages creates an opportunity for the big private mortgage insurer to acquire Agents National Title and Boston National Title.

Title 122

Title Finance Mortgages Agents 122

Lighter Side of Real Estate

FEBRUARY 2, 2023

If you think mortgage rates are at an all-time high, you wouldn’t be alone. According to this NerdWallet article , 61% of Americans think they’re “unprecedented.” And you’re also not alone if you’re still planning on buying a home this year, despite that sentiment, considering 28 million people plan to do so according to their survey! The thing is, mortgage rates aren’t actually the highest they’ve ever been; not by a long shot.

Pre-approval 104

Pre-approval Pre-qualification Mortgages Loans 104

Real Trends

FEBRUARY 2, 2023

While the National Association of Realtors (NAR) certainly had cause to celebrate last Wednesday when Judge Timothy J. Kelly of the U.S. District Court for the District of Columbia ruled in its favor in the reopened Department of Justice antitrust investigation, the trade group isn’t out of the woods just yet. Despite the judge’s verdict, NAR still faces multiple antitrust suits filed by private parties , some of which the DOJ has already intervened in — and appears that the DOJ will continue it

MLS 104

MLS Agents As-is Development 104

Advertisement

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

Sales

Realtor.com

FEBRUARY 2, 2023

Getty Images / Realtor.com It’s finally quitting time for Tom Brady. The famous quarterback just announced his retirement from the game that made him a household name. You may recall, he also said he was leaving pro football in 2022. But this time—he promises—it’s “for good.” Either way, Brady’s dazzling Tampa, FL , home, in the posh Davis Island section of the city, is up for rent.

Design 103

Design As-is 103

Realty Biz

FEBRUARY 2, 2023

The journey towards homeownership starts with a good look at your credit score. You'll likely need a mortgage if you can’t afford to pay for a house, like 87% of homebuyers in 2021. Lenders will look at your credit history to ensure that you can handle the repayment responsibly, so you need a good credit score for buying a house. Review Your Credit Report for Errors Everyone makes mistakes, including your credit reporting agencies.

Loans 101

Loans Banks Mortgages As-is 101

Maximum Exposure Real Estate

FEBRUARY 2, 2023

Everything to Know About Off-Market Properties Are you ready to learn all there is to know about off-market properties? You probably want to know what an off-market property is and how to find them. Key things you’ll learn about: What are off-market properties? How to find off-market homes. Understanding real estate listing status terminology.

Sales 98

Sales Marketing 98

Broke Agent Media

FEBRUARY 2, 2023

BAM Key Details On February 1, the Federal Reserve announced a 25 basis-point rate hike, the smallest hike since last March. Lawrence Yun stated, “that is good news” for homebuyers who have been waiting for mortgage rates to come down. As expected, The Federal Reserve announced a rate hike Wednesday afternoon. The 25 basis-point rate hike does, however, point to some positive news.

Mortgages 98

Mortgages Banks Industrial Marketing 98

Advertisement

BoldTrail BackOffice provides a single, streamlined solution to manage agent onboarding and billing and commission tracking and disbursements, along with agent management, reporting, and accounting - so your brokerage can run smoothly & profitably. Our #1-rated back office solutions have exactly what your business needs to deliver a seamless experience for your clients and your team.

Brokerage