Housing Wire

JUNE 30, 2023

Indian Land, South Carolina-based lender Movement Mortgage has agreed to pay $23.75 million to settle allegations that it improperly originated and underwrote mortgages insured by the Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) programs. The Department of Justice’s settlement announcement on Thursday resolves a whistleblower lawsuit filed in 2018 by former underwriter Jennifer McNeil and former quality control team lead Ledell Javon Wilson in a federal cour

Loans 397

Loans Mortgages Land Development 397

Real Estate News

JUNE 30, 2023

MLS PIN has agreed to pay $3 million and stop requiring sellers to offer buyer-broker compensation, a practice at the core of two other major lawsuits.

MLS 299

MLS Industrial 299

Housing Wire

JUNE 30, 2023

The Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2023-14 this week, which increases the threshold from $75 million to $120 million for multifamily loans to be considered large loans. This marks the first major increase to the threshold since 2014. The goal of the increase is to “enable a greater number of transactions to use standard underwriting processes when submitted for FHA Multifamily insurance,” the agency said.

Loans 397

Loans Development Finance Design 397

Real Estate News

JUNE 30, 2023

Hoby Hanna recently made waves by pulling listings from IDX — a move that effectively keeps Howard Hanna Real Estate listings off of competitors’ websites.

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Housing Wire

JUNE 30, 2023

Even wonder what goes on behind the scenes as HW Media intentionally builds and creates its events? This letter from the editor series shows the ins and outs of our HW Annual Event in Austin, Texas from Oct. 10-12. To learn more about the event or to register, go here. Brena Nath, Director of HW+ & Events at HW Media Seventy…give or take a few. This is how many speaking slots we created when we crafted this year’s HousingWire Annual agenda.

Lending 387

Lending Staging Branding Mortgages 387

Keeping Current Matters

JUNE 30, 2023

An agent is a really important part of selling your home because they bring a lot of skill and expertise to the sales process.

Agents 264

Agents Sales 264

Real Estate News

JUNE 30, 2023

United franchise and indie firm merge in AL; The Agency opens in NC; Christie's moves into Belgium; Corcoran acquires Jersey Shore firm; PA team joins eXp.

Brokerage 263

Brokerage 263

Housing Wire

JUNE 30, 2023

Chicago-based Guaranteed Rate , a top 10 U.S. mortgage lender, acquired Sirva’s shares at Premia Relocation Mortgage and now has full ownership of the business, the companies announced on Friday. The financial terms of the transaction were not disclosed. Premia, which provides a relocation mortgage service for employees moving across the country or to other countries, has a digital platform called DigitalMove.

Mortgages 369

Mortgages Loan Officer Technology Loans 369

Inman

JUNE 30, 2023

The National Association of Realtors tapped an independent law firm to investigate sexual and racial harassment allegations, ultimately choosing to "reject" claims made by a former employee.

Agents 167

Agents Industrial 167

Housing Wire

JUNE 30, 2023

Barry Sternlicht’s Starwood Capital Group is nearing an agreement to sell a portfolio of single-family rental homes to Invitation Homes Inc. The transaction would include roughly 2,000 homes and value the properties at about $400,000 each, one source told Bloomberg , which first reported the story. The deal hasn’t been finalized and may not go through.

Closing 318

Closing Equity As-is Marketing 318

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

Inman

JUNE 30, 2023

Mortgage brokers have to undergo specific training to do their jobs, but a higher education degree is not required. Those with an aptitude for hard work and client relationships can find great success over the course of their careers.

Mortgages 167

Mortgages Brokerage 167

Calculated Risk Real Estate

JUNE 30, 2023

Note: This is a repeat sales index using only loans purchased by Fannie and Freddie and includes appraisals. See FAQs here. Freddie has data for all states and many cities. For house prices, I’m currently following Case-Shiller, FHFA , CoreLogic , Black Knight , the NAR median price s, and this Freddie Mac index. Freddie Mac reported that its “National” Home Price Index (FMHPI) increased 0.5% month-over-month on a seasonally adjusted (SA) basis in May, putting the National FMHP

Loans 138

Loans Closing Sales 138

Inman

JUNE 30, 2023

In his latest industry Snapshot profile, Brandon Doyle talks to Greg Sax, director of growth at the Real Estate Standards Organization.

Agents 158

Agents Industrial Marketing 158

Sotheby's International Real Estate

JUNE 30, 2023

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles, and home. Brisbane, Queensland, Australia | Queensland Sotheby’s International Realty The mansion, owned by a JLL executive, is hitting the market for A$20 million. A Brisbane Equestrian Compound Is on Sale for $13.2 Million – Bloomberg The Gallery-Like Home of Collector Chara Schreyer, Who Championed ‘Strange’ Art, Has Come to Market in San Francisco – artnet Bulgaria’s Most Expensive Home Lists fo

Design 138

Design Sales Marketing 138

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Brokerage

Inman

JUNE 30, 2023

Down payment assistance and income-driven repayment still offer a path to homeownership for those repaying $1.6 trillion in student loan debt.

Loans 158

Loans Debt-to-income ratio Mortgages Agents 158

Bigger Pockets

JUNE 30, 2023

These markets not only are cheaper to get into but will also give you the best chance at cash flow. Here are the top five.

Marketing 130

Marketing 130

Inman

JUNE 30, 2023

At homegenius, we’re transforming real estate transactions from beginning to end. We know that real change takes more than a bold vision. It requires decades of hard-earned experience, trusted relationships, and a capacity for connecting people and technologies across the real estate spectrum.

Technology 158

Technology 158

RIS Media

JUNE 30, 2023

When buying or selling a home, choosing the right storage facility means selecting the company that offers the things you need to protect your possessions. It needs good security, it needs to be easy to access, and the price needs to be right. On top of these concerns, you must decide whether you need a… The post Pros and Cons of Climate-Controlled Storage appeared first on RISMedia.

Industrial 126

Industrial Agents 126

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Agents

Inman

JUNE 30, 2023

This week: What the hell is going on in the real estate industry? And, more importantly, what are you going to do about it?

Industrial 158

Industrial MLS Brokerage Agents 158

Bigger Pockets

JUNE 30, 2023

The real estate market has been out of sorts since 2020. Is a balanced market, as we define it, even possible anymore? It's time we shift our perspective.

Marketing 122

Marketing As-is 122

Inman

JUNE 30, 2023

The antitrust enforcer will get 5 minutes at oral arguments in Top Agent Network's appeal to overturn a lower court ruling tossing its case against NAR's Clear Cooperation Policy.

Agents 158

Agents MLS Brokerage 158

Bigger Pockets

JUNE 30, 2023

Huge cash flow after selling most of your real estate portfolio!? Many rookies assume that having more doors equates to more profit, but that’s not always the case.

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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.

Agents

Inman

JUNE 30, 2023

The co-founder of Zillow and Pacaso just isn’t that into traditional real estate — at least as an income-generating investment, he told Arrived CEO Ryan Frazier in a recent interview.

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Property Management Technology 158

HomeLight

JUNE 30, 2023

DISCLAIMER: As a friendly reminder, this post is intended for educational purposes, not financial advice. If you need assistance navigating the use of a bridge loan in Florida, HomeLight encourages you to reach out to your own advisor. If you are selling your home in Florida but also looking to purchase a new one, the timing of both transactions can feel impossible to plan perfectly.

Equity 105

Equity Loans Closing costs Finance 105

Inman

JUNE 30, 2023

Shares in digital title and closing provider climb above $5, and the company will stay listed if its share price remains above $1 for the next 30 trading days.

Title 156

Title Closing Technology Industrial 156

Lighter Side of Real Estate

JUNE 30, 2023

What’s the first thing you think of when you think 4th of July? Probably fireworks, right? Okay, maybe you think about barbeques, pool parties, or parades first. The point is, the first thought for most people isn’t about the nitty-gritty that we’re actually celebrating — our independence as a nation. Deep down, we all know that’s what it’s all about.

Closing 102

Closing Agents As-is Sales 102

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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.

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Inman

JUNE 30, 2023

Wondering what you missed? Find out with Inman's Top 5 most-read stories of the week of June 23-29, 2023.

Agents 154

Agents 154

RIS Media

JUNE 30, 2023

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. According to The Primary Mortgage Market Survey® from Freddie Mac, the 30-year FRM this week sits at 6.71% and the 15-year FRM at 6.06%. As of June 23, 2023, mortgage applications had increased by 3%,… The post Mortgage Mix: Rates Remain High, While Applications Climb appeared first on RISMedia.

Mortgages 98

Mortgages Industrial As-is Marketing 98

Inman

JUNE 30, 2023

Will you be ready when the market takes off again? The answer to that question, Jimmy Burgess writes, depends on whether you act now to prepare or continue to put off the things you know you need to do in your business.

Agents 148

Agents Marketing Brokerage 148

RIS Media

JUNE 30, 2023

Kymber Lovett-Menkiti, President/Regional Director, MG Residential, Keller Williams Capital Properties, Keller Williams Realty International, Washington, D.C.; Broker Relations Liaison, National Association of REALTORS®: On a relatively slow news day on the last day of November 2022, a San Francisco research lab called OpenAI launched a free writing service called ChatGPT.

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Residential Industrial Agents 98

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