Housing Wire

SEPTEMBER 15, 2023

Buyers facing high mortgage rates are pulling out of their home-purchase agreements at the highest rate in nearly a year. Nearly 60,000 home-purchase agreements were canceled nationwide in August, equal to 15.7% of homes that went under contract that month, according to a new report from Redfin. That rate is up from 14.3% in August 2022 and marks the highest percentage since October 2022, when mortgage rates surpassed 7% for the first time in two decades.

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Purchase and sale agreement Mortgages Closing costs Sales 448

Keeping Current Matters

SEPTEMBER 15, 2023

Holding off on selling your house because you believe there aren’t any buyers out there?

Marketing 358

Marketing 358

Housing Wire

SEPTEMBER 15, 2023

The U.S. government is seeking to sell $13 billion worth of mortgage bonds amassed after the failures of both Silicon Valley Bank (SVB) and Signature Bank earlier this year. First reported this week by Bloomberg News , the bonds in question are part of $114 billion in assets the Federal Deposit Insurance Corporation (FDIC) recovered when it assumed control over both banks earlier in the year.

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Banks Mortgages Loans Investor 448

Real Estate News

SEPTEMBER 15, 2023

They've structured the brokerage to avoid silos, which makes Real's rev share model better for agents and teams, says Sharran Srivatsaa.

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Brokerage Agents 306

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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.

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Housing Wire

SEPTEMBER 15, 2023

New York-based multichannel lender US Mortgage Corporation has named Nino Saso as chief production officer. A mortgage industry veteran with over three decades of experience, Saso was previously a divisional sales manager at Nations Lending. In his role as chief production officer, Saso will be responsible for overseeing sales on a national level. He will spearhead strategic initiatives aimed at driving expansion, fostering innovation, and advancing the company’s market presence, the compa

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Sales Mortgages Lending Residential 448

Real Estate News

SEPTEMBER 15, 2023

Canceled deals impacted nearly 16% of homes under contract in August as elevated interest rates and home prices led to sticker shock for some buyers.

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Mortgages 306

Real Estate News

SEPTEMBER 15, 2023

Nestfully, a consumer home search site launched earlier this year by the country's two largest MLSs, expands coverage with new listings.

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MLS 277

Housing Wire

SEPTEMBER 15, 2023

Dark Matter Technologies , formerly Black Knight Origination Technologies, has rebranded after being acquired by the Perseus Operating Group of Constellation Software Inc. The company’s mission is to “revolutionize the mortgage origination business by supporting, growing and aggressively innovating new and existing products, including the popular AIVA artificial intelligence solution and the comprehensive Empower loan origination platform,” Rich Gagliano, Dark Matter Technologies’ CEO, said in

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Technology Sales Loans Mortgages 435

Real Estate News

SEPTEMBER 15, 2023

Current CEO Sven Odia will shift to the role of president as he supports Jawed Barna's transition in November.

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Housing Wire

SEPTEMBER 15, 2023

Guaranteed Rate Affinity has initiated legal action against former loan originators, accusing them of breaching contracts by failing to pay back advanced signing bonuses and commissions after they left the company. Two anonymous sources told HousingWire that multiple former employees have received demands from the company to return their compensation.

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Loan Officer Loans Lending Mortgages 434

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

SEPTEMBER 15, 2023

To satisfy antitrust regulators, ICE divests itself of Black Knight's loan origination and mortgage pricing businesses, but gets access to mortgage loan servicers and MLSs in $11.9 billion merger.

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Loans Mortgages Technology Industrial 200

Housing Wire

SEPTEMBER 15, 2023

Snapdocs , a leading digital closing provider for the mortgage industry, announced the promotion of Michael Sachdev from president to chief executive officer. Sachdev succeeds Snapdocs founder Aaron King , who will take on the role of executive chairman. As CEO, Sachdev will oversee all company operations and business strategy, with input and oversight from the company’s board, the company said Thursday.

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Technology Industrial Closing Mortgages 434

Inman

SEPTEMBER 15, 2023

The new tool comes during a year of heightened interest in artificial intelligence. It'll help agents write listing descriptions, craft social media posts and more.

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Marketing Agents Technology Brokerage 193

Housing Wire

SEPTEMBER 15, 2023

Today is the 15th anniversary of the collapse of Lehman Brothers. The great financial crisis (GFC) revealed a defective supply chain, metrics unable to assess local risk and markets incapable of answering Ben Bernanke ’s defining question – “what’s this stuff worth?” The requirements of a Digital Housing Platform were well understood long before the crisis.

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Commercial Technology Investor Title 432

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Brokerage

Inman

SEPTEMBER 15, 2023

Millionaire Australian developer Tim Gurner deactivated his LinkedIn account after apologizing for a speech suggesting that higher unemployment would better keep workers "in check".

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Development 192

Housing Wire

SEPTEMBER 15, 2023

“This anniversary is not a celebration, but a moment to reflect.” That is how the director of the Consumer Financial Protection Bureau (CFPB), Rohit Chopra , began his remarks marking the 15th anniversary of the collapse of Lehman Brothers , the first proverbial domino to fall in the financial crisis of 2007-08 that ultimately gave rise to the establishment of the CFPB.

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Banks Lending Mortgages Loans 431

Inman

SEPTEMBER 15, 2023

With Inman Top 5, you'll find the most essential stories, chosen by our readers. Here are the most-read stores of Sept. 8-14, 2023.

Agents 183

Agents 183

Housing Wire

SEPTEMBER 15, 2023

Insurance executive Jawed Barna will succeed Sven Odia as the CEO of international luxury real estate brokerage Engel & Völkers , the company announced Thursday. Odia, who led the Hamburg-based company for nine years, has stepped down from the management board and will assume the newly created role of president. Barna most recently served as deputy CEO at Zurich Insurance Group Germany , where he has worked since 2005. “We are excited to welcome Jawed Barna as a strong leader with a pr

Brokerage 430

Brokerage Branding Equity Agents 430

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Agents

Inman

SEPTEMBER 15, 2023

The luxury real estate CEO will be joining Season 32 alongside other stars like actor Alyson Hannigan and musician Jason Mraz beginning on Sept. 26 on ABC and Disney+.

Agents 182

Agents 182

Eye on Housing

SEPTEMBER 15, 2023

Over the first seven months of 2023, the total number of single-family permits issued year-to-date (YTD) nationwide reached 527,158. On a year-over-year (YoY) basis, this is 18.4% below the July 2022 level of 645,877. Year-to-date ending in July, single-family permits declined in all four regions. The Northeast posted the lowest decline of 12.1%, while the West region reported the steepest.

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Construction Marketing 142

Inman

SEPTEMBER 15, 2023

The Central Park Tower penthouse, developed by Extell and Shanghai Municipal Investment, initially asked $250 million. The property is currently the tallest residence in the world.

Development 179

Development 179

Bigger Pockets

SEPTEMBER 15, 2023

Landlord insurance is 25% more expensive than homeowner's insurance, but it can come in real handy. Here's how you can lower your bill.

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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

SEPTEMBER 15, 2023

The former No. 1 Engel & Völkers Americas agent tells Inman how real estate professionals can build top businesses by targeting a niche.

Construction 179

Construction Agents New Construction 179

Bigger Pockets

SEPTEMBER 15, 2023

While it's a big number, we've all thought about what we'd do with it, whether we have it or not. Here's what these investors would do.

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Investor 130

Inman

SEPTEMBER 15, 2023

This week, Sue "Pinky" Benson shares her insights into creating more relevant, engaging content for your Instagram followers.

Marketing 174

Marketing Agents 174

Bigger Pockets

SEPTEMBER 15, 2023

Financial freedom can be different than replacing your active income with passive investments, it can be as simple as a really good 9-5 and peace of mind. But you might have serious reservations about that.

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129

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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

Inman

SEPTEMBER 15, 2023

In their new book, WAV Group's George Slusser and Victor Lund outline the acceleration of mergers and acquisitions as a growth strategy and offer a roadmap for successful mergers.

Brokerage 174

Brokerage Agents 174

Coldwell Banker

SEPTEMBER 15, 2023

This week's Top 10 press placements showcase the power of the blue brand in headlines across the globe. The post Top 10 Coldwell Banker Brand Press Placements – Week of Sept. 11, 2023 appeared first on Coldwell Banker Blue Matter.

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Branding 128

Inman

SEPTEMBER 15, 2023

Robert Kiyosaki's social media post was the latest viral prediction about the short-term rental giant. Will this be the one that comes true, or is it another hoax?

Marketing 144

Marketing 144

Bigger Pockets

SEPTEMBER 15, 2023

Your new Airbnb is set up and ready to go.

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Mortgages As-is 127

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