Housing Wire

MAY 20, 2024

Fraud and forgery claims represented more than one-fifth of the total dollars spent by title insurers on claims expenses and losses over the past decade, according to a study conducted by Milliman and commissioned by the American Land Title Association (ALTA). Between 2013 and 2022, title insurers recorded 203,181 claims for policies written during that time, and they paid out $4.4 billion in claims related to losses and loss expenses.

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Title Land Inspection Closing 479

Real Estate News

MAY 20, 2024

With many owners of existing homes hesitant to give up their low mortgage rates, new homes continue to account for an outsize share of the market.

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New Construction Construction Sales Mortgages 288

Housing Wire

MAY 20, 2024

California -based multichannel lender and servicer PennyMac Financial Services announced on Monday a proposed private offering of a $650 million aggregate principal amount of senior notes that the company says it will pay back with interest by 2030. The notes will “be fully and unconditionally guaranteed on an unsecured senior basis” by the company’s existing businesses, except for certain specific outliers it does not specify.

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Principal Investor Loans Mortgages 449

Keeping Current Matters

MAY 20, 2024

If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates.

Mortgages 266

Mortgages Marketing 266

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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.

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Housing Wire

MAY 20, 2024

The U.S. Department of Housing and Urban Development (HUD) announced on Monday morning an extension to Ginnie Mae’s digital collateral program and an increase to fees servicers can charge on assumable mortgages , aiming to bring more efficiency and affordability to the housing market. “The past four years have placed a series of stressors on the market, which have been exacerbated by long-standing gaps in housing supply,” Adrianne Todman, HUD’s acting secretary, said on

Mortgages 436

Mortgages Loans Staging Industrial 436

Real Estate News

MAY 20, 2024

Minnesota’s largest multiple listing service embraces its “broker-centric, tech-forward focus” as it works through rules changes and pursues collaboration.

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Inman

MAY 20, 2024

AI is reshaping the landscape of property transactions, revolutionizing traditional processes and boosting overall efficiency.

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Housing Wire

MAY 20, 2024

Proof , the remote online notarization (RON) platform formerly known as Notarize , has welcomed Pennsylvania notaries into its Notarize Network, the company announced earlier this month. Previously, Pennsylvania’s notaries could access Proof’s platform via its in-house notary capabilities for enterprises and notary-sourced transactions. With this expansion, Pennsylvania notaries now join their counterparts from Florida, Nevada, Texas and Virginia in offering on-demand notarial services.

Agents 423

Agents As-is Technology Mortgages 423

Inman

MAY 20, 2024

Miami Association of Realtors is the most recent MLS to link up with Sidekick, an AI productivity solution spun out of Avenue 8, an independent brokerage based in California.

MLS 169

MLS Agents Brokerage Technology 169

Housing Wire

MAY 20, 2024

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), is aware that some loan officers are taking creative — and, as detailed in a recent HousingWire investigation, often illegal — approaches to winning business. And he would be willing to reexamine the decade-old rule that prohibits LOs from misclassifying lead sources to lower their own compensation, although it hasn‘t been a priority as mortgage servicing is higher on the agency‘s to-do list.

Loan Officer 418

Loan Officer Mortgages Development Industrial 418

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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

Inman

MAY 20, 2024

NAR's legal team, president and chief economist defended the group's cooperative compensation rule and used journalists as a scapegoat repeatedly during midyear panels earlier this month.

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MLS 169

Housing Wire

MAY 20, 2024

Buying into homeownership is already challenging enough for many Americans, but keeping — and maintaining — a home can come with serious challenges as a person gets older. This may lead an older homeowner to consider a product like a reverse mortgage, but potential borrowers should be aware of the product’s details and the informational resources they can access.

Mortgages 416

Mortgages Equity Loans Closing costs 416

Inman

MAY 20, 2024

The Inman Intel Index goes beyond sentiment and trends by tapping into the real estate industry's most engaged community. Add your voice to real estate's most ambitious monthly survey today.

Industrial 176

Industrial MLS Technology Brokerage 176

Housing Wire

MAY 20, 2024

A recently released report from the Financial Stability Oversight Council (FSOC) that identifies vulnerabilities at nonbank mortgage servicers and makes some recommendations to avoid systemic risk is a ”tall order” for state regulators but isn’t only a ”wishful list,” according to Jason Cave, senior consultant at Patomak Global Partners. Cave spent nearly three decades in executive roles at the Federal Deposit Insurance Corp.

Bankruptcy 416

Bankruptcy Finance Mortgages Banks 416

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Loans

Inman

MAY 20, 2024

Homebuyers need professional guidance more than ever as they complete one of the most important transactions of their lifetime.

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Housing Wire

MAY 20, 2024

Mortgage capital markets tech firm Polly announced on Monday its API integration with cloud banking provider nCino to enhance the digital mortgage process for lenders. This integration combines Polly’s advanced pricing engine with nCino’s Mortgage Suite point-of-sale (POS) solution, offering lenders and originators increased flexibility and new opportunities to strengthen referral relationships.

Mortgages 413

Mortgages Loan Officer Technology Banks 413

Inman

MAY 20, 2024

Days after announcing the onboarding of UtahReealEstate.com, CEO and co-founder Michael Lucarelli’s rental industry software company is now available to members of REcolorado, the Centennial State’s largest.

MLS 161

MLS Industrial Technology 161

RIS Media

MAY 20, 2024

In a real estate transaction, a Use and Occupancy Agreement (U&O) presents a unique solution for buyers and sellers under certain circumstances. This agreement allows a buyer to use and occupy the property before closing the sale. Conversely, it can enable a seller to continue occupying the property post-sale. I will examine the benefits and… The post Benefits and Risks of Use and Occupancy Agreements appeared first on RISMedia.

Sales 136

Sales Closing Industrial 136

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Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.

Agents

Inman

MAY 20, 2024

Understanding the difference between steering and providing thoughtful and meaningful advice and guidance to clients is essential for navigating the future of real estate, mega team leader Carl Medford writes.

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Brokerage Agents 161

RIS Media

MAY 20, 2024

Bright MLS has announced a collaboration with TrustFunds to integrate electronic earnest money services into the Bright MLS platform. As the real estate landscape continues to evolve, the demand for streamlined, secure and convenient transaction processes have never been more apparent, and this collaboration aims to enhance the transaction experience for real estate agents, brokers… The post Bright MLS Partners With TrustFunds for Electronic Earnest Money appeared first on RISMedia.

MLS 114

MLS Agents Technology Industrial 114

Inman

MAY 20, 2024

Homeowners with at least a 5 percent mortgage rate are three times more likely to enter the market soon as those with a sub-3.5 percent rate, according to results from Inman-Dig Insights' latest consumer poll.

Mortgages 167

Mortgages Marketing Sales Brokerage 167

Bigger Pockets

MAY 20, 2024

In the next few days, our Brooklyn, New York condo will hit the market, and we will begin the first half of our long-planned, much-anticipated, greatly agonized-over 1031 exchange.

Marketing 116

Marketing 116

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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

MAY 20, 2024

The rap superstar reportedly purchased the Brentwood estate, which had not been on the market, from former Fox News Corp. Chief Legal and Policy Officer Viet Dinh and his wife, Jennifer Ashworth Dinh.

Marketing 160

Marketing 160

Bigger Pockets

MAY 20, 2024

Have you ever thought about buying rental properties abroad? It might surprise you, but investing overseas could bring in much more cash flow and appreciation than you thought possible.

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Inman

MAY 20, 2024

A growing network of partners including CoreLogic and Byte Software are accessing Polly's capital markets platform and product and pricing engine through open APIs.

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Marketing Banks Technology Mortgages 161

RIS Media

MAY 20, 2024

Editor’s Note: The RISMedia series, Legislative Round-Up looks at pending and passed federal and state-level legislation that impacts real estate professionals. Supreme Court rules in favor of Consumer Financial Protection Bureau On Thursday May 16, 2024, the U.S. Supreme Court overruled a challenge to the constitutionality of the Consumer Financial Protection Bureau (CFPB).

Commercial 110

Commercial Industrial 110

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Agents

Inman

MAY 20, 2024

Investors Christian Gore and Itay Simchi shared 10 U.S. cities where they would never invest in real estate.

Investor 161

Investor 161

RIS Media

MAY 20, 2024

Editor’s note: The COURT REPORT is RISMedia’s weekly look at current and upcoming lawsuits, investigations and other legal developments around real estate. With time ticking away on several major deadlines—most significantly, the August 17 implementation of mandatory buyer agreements and removal of compensation from the MLS—brokerages and real estate business leaders continue to face tough… The post COURT REPORT: DOJ Deadlines Loom; Burnett Judge Addresses Campaign Donations appeared first

MLS 108

MLS Brokerage Development Industrial 108

Inman

MAY 20, 2024

The Chinese government has pledged support for state-owned entities that will allow them to buy unsold apartments.

Marketing 180

Marketing 180

Bigger Pockets

MAY 20, 2024

Massachusetts is the latest state considering a transfer tax in a bid to increase funding for affordable housing, but the controversial fee doesn’t bode well for the Bay State’s already pricey real estate sector.

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Investor 116

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

Agents