Keeping Current Matters

AUGUST 31, 2022

One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars.

Marketing 250

Marketing 250

Housing Wire

AUGUST 31, 2022

Toronto-based Tricon Residential Inc., which oversees a portfolio of more than 33,000 single-family rental homes in the United States and Canada, is once again teaming up with the Arizona State Retirement System (ASRS) to invest $500 million to build 2,500 single-family rentals in the U.S. Sun Belt. This latest deal represents the second joint venture between Tricon and ASRS.

Marketing 397

Marketing Construction Residential Development 397

Toronto Realty Blog

AUGUST 31, 2022

TorontoRealtyBlog. What’s the best rental scam I’ve ever seen in practice? Well, I suppose it depends on how you define “best.” Is the best scam the one that generates the most money? Or is the best scam simply the most elaborate? While I’m going to detail a rental scam that I witnessed, first-hand, earlier this year, first I need to regale you with the story of the truly “best” scam I’ve ever seen work.

Banks 122

Banks Agents As-is Industrial 122

Housing Wire

AUGUST 31, 2022

After two record-setting years of mortgage origination volume, the mortgage industry is contracting, sharply. Based on our read of 2021 Home Mortgage Disclosure Act (HMDA) data, we estimate that total originations volume last year was $4.4 trillion. By comparison, we are forecasting total volume of about $2.3 trillion this year, and similar levels over the next two years.

Lending 397

Lending Loans Mortgages Industrial 397

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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.

Development

Eye on Housing

AUGUST 31, 2022

Non-real estate consumer credit grew at a seasonal adjusted annual rate (SAAR) of 8.7% in the second quarter of 2022 according to the Federal Reserve’s latest G.19 Consumer Credit report. Revolving debt climbed 14.6% (SAAR), double the increase in nonrevolving debt (+6.9%). Total consumer credit currently stands at $4.6 trillion, with $1.1 trillion in revolving debt and $3.5 trillion in.

Loans 119

Loans 119

Housing Wire

AUGUST 31, 2022

Xactus tapped Ross Gloudeman as the verification solutions provider’s general counsel and chief compliance officer. The executive will be responsible for strengthening Xactus’ regulatory compliance framework and administering regulatory changes required by the credit and mortgage industries, the firm said. Gloudeman started on Tuesday. . Gloudeman’s career in mortgages and financial services will help “modernize compliance strategies for the quickly evolving mortgage landscape” as traditio

Technology 370

Technology Lending Loans Residential 370

Housing Wire

AUGUST 31, 2022

Freddie Mac notched record credit-risk transfer (CRT) issuances of some $15 billion during the first half of this year, protecting $358 billion in single-family mortgages. For the second quarter alone, Freddie Mac also posted record CRT issuance of $6.5 billion, protecting $151 billion in single-family mortgages. The offering totals were across the agency’s flagship Structured Agency Credit Risk (STACR) and Agency Credit Insurance Structure (ACIS) programs, along with other risk-sharing transact

Principal 370

Principal Investor Loans Mortgages 370

Fancy Pants Homes

AUGUST 31, 2022

In today’s modern world, the house goals of yesteryear are a distant memory. Long gone are the days of window shutters, oversized crystal chandeliers, multiple small rooms, intricate designs, wrought-iron railings, small windows, and large porches with overhanging beams. Modern mansions favor simple and clean designs with open spaces. While traditional mansions offer intricate and elegant details, today’s luxury homes feature straight lines, geometric shapes, a flat or low-sloped roo

Design 110

Design As-is Commercial Technology 110

Housing Wire

AUGUST 31, 2022

Demand for mortgage loans declined last week when mortgage rates surged due to Federal Reserve Chairman Jerome Powell ’s speech indicating that combating persistent inflation will cause some pain now. . The market composite index, a measure of mortgage loan application volume, fell 3.7% for the week ending Aug. 26, compared to the previous week, according to the Mortgage Bankers Association (MBA).

Mortgages 370

Mortgages Fixed-rate mortgage Loans Residential 370

The American Genius for Real Estate

AUGUST 31, 2022

Here are some quick tips that any business or brand can use to make sure each marketing email is helping, not hurting.

Marketing 110

Marketing Branding 110

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

AUGUST 31, 2022

The global collective experienced significant turbulence during the pandemic years. As the world population was forced to press pause on many of life’s biggest milestones, innovation took hold and companies found new ways to conduct business through the digital landscape. For the mortgage industry, the dash toward virtual solutions and reliable fintech was crucial to reigniting the journey for hopeful home buyers.

Loans 370

Loans Equity Lending Technology 370

Coldwell Banker

AUGUST 31, 2022

Extra, extra! Read the top 10 news items that ran in August about Coldwell Banker and its stellar agents. This is just a sampling of the 1,000+ mentions that occur every month. The post Top 10 Coldwell Banker Stories of the Month – August 2022 appeared first on Coldwell Banker Blue Matter.

Agents 110

Agents 110

Housing Wire

AUGUST 31, 2022

Edward Bohm, former president of sales and co-owner of mortgage lender Vanguard Funding was sentenced to two years in prison for pocketing more than $8.9 million from warehouse lenders along with two other former executives at the firm. The United States Attorney for the Eastern District of New York on Tuesday also ordered Bohm to pay $3.5 million in restitution and $1.5 million in criminal forfeiture for his connection with the diversion of warehouse loans.

Banks 370

Banks Loans Finance Mortgages 370

HomeLight

AUGUST 31, 2022

DISCLAIMER: As a friendly reminder, this blog post is meant to be used for educational purposes only, not legal or tax advice. If you need assistance navigating the financial or tax implications of unlocking your home’s equity, HomeLight always encourages you to reach out to your own advisor. With the days of stimulus packages and low mortgage interest rates in the rearview, Americans are steeling themselves for a future with the potential for economic uncertainty.

Equity 105

Equity Finance Loans Closing costs 105

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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.

Brokerage

Housing Wire

AUGUST 31, 2022

You’ve enjoyed and learned from dozens of articles over the past few weeks, highlighting the panels and speakers at HW Annual. Exciting leaders like Marc King, AJ Barkley, Rene Rodriguez and William Lyons, will speak to attendees in fireside chats and panels like “The Amazon of Real Estate. ” But, what does a day in the life at HousingWire Annual actually look like?

Loan Officer 370

Loan Officer Technology Mortgages Loans 370

HomeLight

AUGUST 31, 2022

You’re getting your home ready to go on the market. You’re carefully considering every aspect of home preparation, from curb appea l and small repairs to decluttering for an optimal staging experience. But what about the appliances in your home that you’ll be leaving behind? If they are broken or not in their best state — whether it’s visually, functionally, or both — you’ll need to decide if you can sell a house with broken appliances or if you should replace them with new appliances.

Agents 105

Agents Renovation Staging Sales 105

Housing Wire

AUGUST 31, 2022

CubiCasa is the leader in delivering fast, adaptable indoor mapping solutions for the real estate industry. Users can complete a schematic 2D floor plan using just a smartphone, with no training or cost required. CubiCasa’s innovative SaaS technology digitally maps out a home’s floor plan in as little as five minutes. This helps eliminate human error, creates digital consistency in the output, and democratizes the creation of accurate property data critical to real estate listings and the apprai

Technology 370

Technology Inspection Industrial Loans 370

HomeLight

AUGUST 31, 2022

When I think of prospecting, I can’t help but think of The Karate Kid movie. “Wax on. Wax off. Wax on. Wax off.”. Bare with me for a second. It’s repetitive. It’s pretty boring. It takes an incredible amount of discipline. In the end, you achieve results that will guide you to a monumental win. That’s exactly the mindset that agent Monique Walker has had for the past 18 years.

Agents 104

Agents As-is Closing Marketing 104

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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.

Agents

Housing Wire

AUGUST 31, 2022

So much has evolved in the real estate process – agents and brokers no longer flip through the pages of MLS books, thumb through a Rolodex or fill out carbon copy contracts with their clients. However, one element of the real estate process that hasn’t seemed to progress is the Comparative Market Analysis, or CMA, which is created to establish a price for a property. homegenius recognized the industry’s need for an updated, smarter way to create pricing estimates for homes – one that utilizes cu

Agents 370

Agents Technology MLS Development 370

Marco Santarelli

AUGUST 31, 2022

Goldman Sachs Chief Economist Jan Hatzius asserted that further housing pressure is likely, writing in a new note ominously titled: “Housing Downturn: Further to Fall.” Here are Hatzius' two predictions on the housing market for 2023. Forecast on Home Sales: “The sustained reduction in affordability, waning pandemic tailwind, and recent decline in purchasing intentions suggest that home sales are likely to fall further on the net: we forecast existing home sales of 4¼ million i

Marketing 104

Marketing Title Sales Residential 104

Housing Wire

AUGUST 31, 2022

There’s no denying that today’s home buying journey is entirely different from a decade ago. Lenders and applicants alike rely on powerful tools and technology that increase transparency and create ease, speed and convenience. With more than 20 years of experience, CreditXpert has rolled with the punches brought on by a turbulent housing market and has excelled at adapting to the industry’s growing digital revolution and shift towards fast fintech solutions.

Mortgages 370

Mortgages Loan Officer Loans Finance 370

BubbleInfo

AUGUST 31, 2022

Yesterday’s Case-Shiller Index for San Diego was 425.26, which is 11% higher than it was in January. But check how the trend increased between January and now. Prices rose as fast as ever in early 2021 (yellow above). If they would have mellowed out along my red line, then we would have experienced slightly-increasing prices […].

As-is 102

As-is Marketing 102

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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

Housing Wire

AUGUST 31, 2022

As more aspects of the mortgage process venture into the online realm, appraisal remains a bottleneck that regularly causes significant delays and loss in profit. With so many costs and slowdowns being attributed to inefficient appraisals, the opportunity that online appraisal presents is enormous, leaving no room for lenders to forsake fintech solutions that focus on this pivotal part of the process.

Loans 370

Loans Loan Officer Technology Industrial 370

1000Watt

AUGUST 31, 2022

Why is so much real estate marketing, aside from listings, just faces and prices? The postcards roll into my mailbox like this: Impeccably dressed, smiling Realtor situated to the side of the latest neighborhood sale price. There’s a chart. A website URL. Phone number. She’s wearing a well-tailored dress. Designer shoes. She’s implying she made this price happen with her proprietary magic formula.

Title 98

Title Equity Sales Design 98

Housing Wire

AUGUST 31, 2022

Houston-based nonbank mortgage lender Cornerstone Home Lending announced on Wednesday it has received all regulatory approvals to acquire traditional depository The Roscoe State Bank, a deal that will expand its operations beyond the traditional mortgage business. Expected to close around Oct. 1, the transaction will create a financial institution called Cornerstone Capital Bank , with more than $380 million in capital and $1.5 billion in assets, the companies claim.

Lending 370

Lending Banks Commercial Loan Officer 370

Real Trends

AUGUST 31, 2022

While the Burlington, Vermont market continues to see double-digit showings per listing in July, home showing traffic softened throughout the U.S. The real estate market continues to normalize after last year’s record surge, according to the latest data from the ShowingTime Showing Index®. The year-over-year dip in buyer activity follows a general market rebalancing that’s taking place across the country as available inventory increases while fewer buyers actively shop for homes.

Marketing 98

Marketing Agents 98

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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.

Sales

Housing Wire

AUGUST 31, 2022

Outsourcing or hiring in-house compliance experts are no longer the only options for servicers who need help handling lien releases and assignment of mortgage documents. With the use of PerfectDocs technology, virtually anyone can prepare, validate, execute, notarize and even record these documents within minutes without compromising the integrity or validity of the document.

Title 370

Title Technology Inspection Loans 370

Realty Biz

AUGUST 31, 2022

According to the latest real estate market trends, 50% of home buyers find their new home online. This means that when selling property, having a real estate social network presence is essential. But with so many social media platforms to choose from, how do you know which one will bring you the most benefit? After all, no one likes throwing good money after bad investments.

Commercial 89

Commercial Agents As-is Branding 89

Housing Wire

AUGUST 31, 2022

The fintech solutions today may have been unimaginable just a few years ago. But between the shift to an online business landscape brought on by the pandemic and increasing demand for digital-first solutions, the mortgage industry was quick to adapt to the new normal of conducting transactions through the virtual world. Black Knight, a leader in providing innovations that enhance how businesses work with technology, data and analytics, has stayed ahead of the digital mortgage revolution since da

Due diligence 369

Due diligence MLS Equity Mortgages 369

Realty Biz

AUGUST 31, 2022

The Move to Your Second Home in a New State – There are many benefits of living in two different states. One of the main reasons is that you can live in a state with a lower cost of living and work in a state with a higher cost of living. The tax rates are also different between the two states. You might be able to save some money by paying taxes where there is no income tax or property tax, which can help you out financially.

Homeowner’s association 86

Homeowner’s association Agents Marketing 86

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