Housing Wire

APRIL 8, 2021

Mortgage credit showed signs of loosening up in March, and with it, more availability for lower credit scores and high LTV products to enter the housing market, the Mortgage Bankers Association said in a report on Thursday. The group’s Mortgage Credit Availability Index rose.6% to 125.4 last month, a positive indicator after pandemic-driven factors plunged the index from record highs previously seen in late 2019.

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Mortgages Loans Lending Marketing 515

Keeping Current Matters

APRIL 8, 2021

A Fannie Mae survey recently revealed some of the most highly-rated benefits of homeownership, which continue to be key drivers in today’s power-packed housing market. Here are the top four financial benefits of owning a home according to consumer respondents: 88% – a better chance of saving for retirement. 87% – the best investment plan. 85% – the chance to be better off financially. 85% – the chance to build up wealth.

Equity 317

Equity Finance As-is Marketing 317

Housing Wire

APRIL 8, 2021

When you’re trying to create a standout offer to buy a home, it’s important to consider the tools and tactics at a buyer’s disposal. According to industry experts, there is more to a home offer than just the price you are willing to pay. Other aspects of an offer, they say, create more opportunities for you to lock in a home – and could make all the difference.

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Pre-approval Inspection Lending Staging 441

Better Dwelling

APRIL 8, 2021

Canadian real estate markets may have got the first big cooling measure today. The Office of the Superintendent of Financial Institutions (OSFI) announced they are moving to tighten uninsured mortgage leverage. The organization that regulates Canada’s banks, eased the mortgage stress test last year. Now that it’s clear mortgages don’t need stimulus, they’re looking to […].

Banks 144

Banks Mortgages Marketing 144

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

Technology

Housing Wire

APRIL 8, 2021

Over the past five years, more than $1.2 billion in potential home equity has been uncovered for distressed homeowners facing foreclosure. That $1.2 billion is the amount of surplus funds generated by foreclosure sales on the Auction.com platform between 2016 and 2020. Surplus funds are proceeds from a foreclosure sale to a third-party buyer that are above and beyond the total debt owed to the foreclosing lender.

Equity 432

Equity Short sale MLS Sales 432

Housing Wire

APRIL 8, 2021

As we enter the second quarter of 2021, it’s time for the mortgage industry to reflect on the past 12 months and think about how to plan for the same period ahead. After all, it was mid-March of last year that the president declared a national emergency leading to school closures, the wearing of masks, and the emptying of office buildings across the country.

Lending 421

Lending Development Mortgages As-is 421

Realtor.com

APRIL 8, 2021

Getty Images Tired of having your already cramped bedroom do double duty as a home office and at-home gym? It might be time to upsize. But while getting more space may seem enticing, upsizing can hold pitfalls for unwary home buyers. “It is important to be aware of these mistakes because upsizing can be expensive, but if you plan it well, do your research, and shop around, it doesn’t have to be,” says Lior Rachmany , founder and CEO of Dumbo Moving and Storage in New York.

Finance 132

Finance Loans Mortgages As-is 132

Housing Wire

APRIL 8, 2021

As movers flock to secondary cities in search of more land for less cash, the Utah housing market – land of ski slopes and mountain trails – has become a popular destination, especially for those leaving California. The town of Logan, which has 50,000 residents and sits about 90 minutes north of Salt Lake City, is just one example of red-hot demand in the Beehive state. “I think I’ve worked with more out-of-state buyers in the past 12 months than actual Utah residents,” said Ca

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Marketing Backup offer Land As-is 421

Sotheby's International Real Estate

APRIL 8, 2021

An extraordinary work executed in 1982, when the artist was just 22 years old, Jean-Michel Basquiat’s Versus Medici will star in the Sotheby’s Contemporary Art Evening Auction in New York on 12 May, where it will be offered with an estimate of $35–50 million. ?. Versus Medici is among Basquiat’s most forceful visual challenges to the Western art establishment, in which the young artist boldly crowns himself successor to the artistic throne as established by the masters of the Italian Renai

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Sales As-is 124

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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

Housing Wire

APRIL 8, 2021

Homeownership has long been considered a piece of the “American Dream.” But for multitudes of renters out there who are nearing the end of their leases, taking the leap into buying their first home may seem like a daunting challenge to conquer. Or maybe they weigh the responsibility as not worth the reward. . Whatever reasons may be holding you back, it’s important to understand the benefits of owning vs. renting a home.

Equity 410

Equity Fixed-rate mortgage Principal Mortgages 410

The American Genius for Real Estate

APRIL 8, 2021

(REAL ESTATE BIG DATA) If you're a millennial, and wondering where you should move that can get you ahead even during this pandemic, here's the top 10 cities for millennials. The post The NAR’s top 10 places for millennials to move to (a 2020 reflection) appeared first on The American Genius Real Estate.

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Housing Wire

APRIL 8, 2021

The average U.S. mortgage rate dropped five basis points last week to 3.13%, according to Freddie Mac’s Primary Mortgage Market Survey. It’s the first decline in mortgage rates in two months. Sam Khater, Freddie Mac’s chief economist, pointed to a modest decline in treasury yields as the leading factor behind last week’s drop.

Mortgages 410

Mortgages Loans As-is Marketing 410

Coldwell Banker

APRIL 8, 2021

Extra, extra! Read the top 10 news items that ran in March 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 – March 2021 appeared first on Coldwell Banker Blue Matter.

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Agents 119

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

APRIL 8, 2021

JPMorgan Chase has appointed Bhavesh Patel to lead client management for the bank’s correspondent lending channel. As director of client management, Patel will focus on improving the client experience and driving future growth for the business, which is growing at a faster rate than the bank’s more traditional retail arm. He will report to Terry Lindsey, head of correspondent lending for Chase, and is based in Houston, the bank said Thursday.

Lending 409

Lending Banks Mortgages Finance 409

Lighter Side of Real Estate

APRIL 8, 2021

If you’re looking to get the highest price possible for your house when you sell, now may be the best time ever for you to capitalize on market conditions. According to recent data from realtor.com , the median home listing price in the United States hit $370,000 this March. That’s a 15.6 percent increase from March 2020—and the highest median home listing price on record since realtor.com started tracking prices in 2012.

Marketing 116

Marketing 116

Housing Wire

APRIL 8, 2021

WFG’s MyHome®. WFG MyHome® brings resale transaction participants together within a single, easy-to-use ecosystem, enhancing communication, transparency and the consumer experience. MyHome streamlines the resale process and enhances consumer satisfaction by eliminating duplicate touchpoints, providing real-time status updates, enabling pro-active communication, and facilitating data and document collection, storage and sharing.

Mortgages 384

Mortgages Closing 384

RIS Media

APRIL 8, 2021

As a real estate agent, you have several important tools in your arsenal. But there is one in particular that you should focus on: reviews. Most real estate agents generate their business from either someone they have previously worked with or by searching for local agents online. Having your positive reviews online places you as a contender for online home-seekers’ business.

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Agents Closing Branding As-is 111

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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

APRIL 8, 2021

Solex® eClosing. Trusted by the nation’s leading lenders, Solex eClosing has enabled over 350,000 digital loan closings. Providing borrowers the contactless closing they seek, this solution has delivered on the promise of digitization streamlining complex, paper-intensive processes and optimizing operations. Faster closings and reduced costs per loan, Solex eClosing does it all.

Mortgages 381

Mortgages Loans Closing Agents 381

Brownstoner

APRIL 8, 2021

A new restaurant is poised to take over a space from a beloved pandemic casualty in Fort Greene A note posted on the front door at 86 South Portland Avenue says that the new restaurant will be called Dinner Party, and the owner and head chef’s name is Cami Jetta, who… Read More > The post Dinner Party Lands in Vacated Pequeña Space in Fort Greene appeared first on Brownstoner.

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Land 111

Housing Wire

APRIL 8, 2021

Title Closing COBOT. Mortgage automation solution for title closing that is pre-built and tested and quick to deploy. Product Fast Facts. #1. Pre-built and tested mortgage title closing automation solution. #2. Quick to deploy on any application or software being used for title closing. #3. Can be customized and delivered on premises or at a vendor location with relatively limited resources.

Mortgages 370

Mortgages Title Closing 370

The Mortgage Report

APRIL 8, 2021

Today’s mortgage and refinance rates Average mortgage rates edged lower again yesterday. That extended the run without a rise to more than a week. And that may not be the […].

Mortgages 111

Mortgages 111

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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

APRIL 8, 2021

eClose. eClose is a true digital closing process that’s more than getting documents electronically signed. Digital “lift” can continue past the closing table through automated quality control, electronic recording and registration as well as streamlined trailing document return, creating ROI on all loans – from all ink to full eClose. Product Fast Facts. #1.

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Technology Mortgages Loans Investor 369

Realty Biz

APRIL 8, 2021

Keller Williams (KW), the world’s largest real estate technology franchise by agent count and the U.S. leader in units and sales volume, is the latest leading real estate brand to partner with the new LGBTQ+ Real Estate Alliance. Earlier today, Jason Abrams, head of industry, Keller Williams, made the announcement to the brand’s renowned KW Rainbow Network.

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Branding Equity Agents Technology 111

Housing Wire

APRIL 8, 2021

Total eClose with RON capabilities. Total eClose is a single-source platform with everything you need for a 100% paperless eMortgage in a single, comprehensive, eClosing solution. Now, this single integration point includes DocMagic’s new Remote Online Notary technology, allowing eligible borrowers to electronically review, sign and notarize documents inside an efficient, end-to-end eClosing workflow.

Mortgages 346

Mortgages Technology Closing Agents 346

RIS Media

APRIL 8, 2021

Propertybase Drives Business Forward for Boutique New York Real Estate Brokerage. Coming from a background in the arts, having been an actress in New York, Teresa Stephenson decided to transition into real estate about a decade ago. Her first job was as an agent for Platinum Properties in New York, and she’s been there ever since. Four years into the job, she began overseeing residential sales before adding residential leasing and commercial to the mix.

Technology 105

Technology Residential Commercial Agents 105

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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

APRIL 8, 2021

Millions of Americans transitioned to remote work in 2020, reconfiguring homes to be makeshift classrooms and offices. One of the big beneficiaries of the new live/work/play setup has been home goods retailer Home Depot. A recent report from TradingPlatforms noted that Home Depot’s net sales increased by over $20 billion in 2020 to $132 billion at year’s end – nearly a 20% increase year-over-year.

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Renovation Sales Marketing As-is 324

The Mortgage Report

APRIL 8, 2021

Use these step-by-step instructions for accepting a cash downpayment gift on a home, including a ready-to-use mortgage gift letter template.

Mortgages 105

Mortgages 105

Housing Wire

APRIL 8, 2021

ClosingCenter. ClosingCenter is a complete eClosing solution for lenders, borrowers and settlement agents. ClosingCenter delivers a simple, efficient and secure eClosing process – from pre-closing to secondary market delivery. ClosingCenter includes: Pre-Close: Secure access to eligible closing package documents for review and eSignature execution. eClosing Room: Intuitive settlement agent software enabling execution of eClosings and instant eNote vaulting. eAsset Management for Mortgage: Truste

Mortgages 282

Mortgages Technology Closing Agents 282