Keeping Current Matters

APRIL 26, 2023

There’s been a lot of focus on higher mortgage rates and how they’re creating affordability challenges for today’s homebuyers.

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Mortgages Marketing 254

Housing Wire

APRIL 26, 2023

Arizona-based lender On Q Financial will form a multi-partner mortgage banking joint venture with HomeCo Partners , a consortium of real estate brokerages and a builder, HousingWire has learned. HomeCo Partners had created a JV with New Rez , which is permanently winding down. The JV, named Partners United Mortgage , has partners consisting of real estate brokerages and builders — including Dilbeck Real Estate in Pasadena, California; Lisa Burridge and Associate s in Casper, Wyoming; Rockford Ho

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HR Brokerage Loan Officer Loans 418

Real Estate News

APRIL 26, 2023

Brokerage leader Bill Ryan, whose firm recently joined KW, has seen tremendous growth — and a few booms and busts — over his five decades in the industry.

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Housing Wire

APRIL 26, 2023

With few homeowners willing to give up their low mortgage rates, Mike Roberts has shifted his focus to targeting first-time homebuyers. He’s been watching the spring homebuying season slowly pick up and buying leads through Zillow and Realtor.com. It’s a lot of work, and there’s no guarantee that they will pay off. “A first-time homebuyer requires a tremendous amount of nurturing,” said Roberts, the president and founder of City Creek Mortgage.

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Inman

APRIL 26, 2023

You told us it works and that you need to be safe while doing it. Here is what our readers (and the data) have to say about door-knocking for listings and new business.

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Agents 167

Housing Wire

APRIL 26, 2023

Higher mortgage rates did not scare away potential homeowners last week. Borrower demand for home loans increased across the board, despite rates being at their highest level in over a month. “There are still so many borrowers looking to purchase a home. Plenty of buyers, but not enough homes for sale,” California-based mortgage loan officer Dan Stone, who works with hundreds of mortgage lenders, told HousingWire.

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Loans Mortgages Loan Officer Fixed-rate mortgage 418

Housing Wire

APRIL 26, 2023

Federal Housing Finance Agency (FHFA) Director Sandra Thompson issued a statement Tuesday to correct the misinformation that’s spread about the agency’s loan-level pricing adjustments to conventional mortgages. On TikTok and other social media platforms, misstatements circulated last week that the regulator of Fannie Mae and Freddie Mac had made mortgage fees cheaper for low-credit borrowers than good-credit borrowers, among other claims. “Higher-credit-score borrowers are not

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Debt-to-income ratio Loans Mortgages Lending 397

Inman

APRIL 26, 2023

Whether it's what we say, how we shake hands or even the color of a scarf or necktie, there are a host of things that can impact your negotiations. That's why (as we wrap up Back to Basics Month), we want you to tell us your top negotiation tip.

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Agents 167

Housing Wire

APRIL 26, 2023

Mr. Cooper Group ‘s profits strongly increased in the first quarter of 2023, as forecasted by its executives. The servicing portfolio again propelled the quarterly performance, but this time, the origination segment also contributed to the results by returning to profitability. The company reported on Wednesday that it delivered $37 million in net income from January to March, compared to $1 million in the fourth quarter.

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Principal Banks Equity Loans 396

Inman

APRIL 26, 2023

Mortgage rates are expected to ease as markets anticipate Federal Reserve policymakers will raise rates just one more time this year and then reverse course.

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Mortgages Marketing 158

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.

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Housing Wire

APRIL 26, 2023

On March 29, the Federal Housing Finance Agency (FHFA) announced Fannie Mae and Freddie Mac would enhance their COVID-19 pandemic-era deferral policies which allowed homeowners experiencing hardship to defer up to six months of mortgage payments to be settled at the end of the loan. Since the pandemic began, the FHFA has enabled lenders to complete more than 1 million payment deferrals, with roughly one-third of all homeowners exiting forbearance via payment deferrals since 2020.

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Loans Mortgages Finance Investor 389

Inman

APRIL 26, 2023

The wrong word can derail your negotiating position and undermine your best efforts. Here's what not to say now.

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Agents 148

Housing Wire

APRIL 26, 2023

The Financial Crimes Enforcement Network ( FinCEN ), a bureau within the U.S. Treasury Department, announced on Monday that it will again be expanding its Geographic Targeting Orders (GTOs). The new requirements go into effect on May 24, 2023 and are effective through October 21, 2023. The GTOs require title companies to identify the people behind shell companies used in all-cash purchases of residential real estate.

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Sales Title Finance Residential 380

Inman

APRIL 26, 2023

Filippo Incorvaia served with Douglas Elliman for eight years before launching his new brokerage, FI Real Estate, with the aim of making transactions seamless for clients, he exclusively told Inman.

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Brokerage Agents Development 148

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Housing Wire

APRIL 26, 2023

STG Mortgage has successfully implemented OptifiNow ‘s TPO CRM solution, according to a press release from the software provider. STG Mortgage, based in Orange County, California, said it opted for OptifiNow’s TPO because it provided an out-of-the-box solution for the company’s wholesale division that was seamlessly integrated with its loan origination system (LOS).

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Mortgages Lending Design Sales 283

Inman

APRIL 26, 2023

"Nothing Compares to What's Next," developed with global experience design agency Huge, builds on the firm's 2021 campaign, positioning clients for a hopeful new chapter in their lives working with a Sotheby's agent.

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Branding Development Design Agents 148

RIS Media

APRIL 26, 2023

In real estate, changing tides and market cycles are expected for those around long enough to navigate their share of market changes. While agents and brokers are typically left deciding which career moves would best suit their business, those at the highest levels of a brokerage may also face a similar decision. The industry got… The post Executive Shakeups: How New Leaders at Big Brokerages are Steering Their Firms appeared first on RISMedia.

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Brokerage Industrial Agents Marketing 119

Inman

APRIL 26, 2023

Inman's first-ever Intel technology survey suggests that industry members are more likely to assemble their own solutions rather than use a single, comprehensive technology platform.

Technology 148

Technology Industrial Brokerage Agents 148

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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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Sotheby's International Real Estate

APRIL 26, 2023

Daniel Gale Sotheby’s International Realty The iconic estates of New York and neighboring New England have long been famed for their elegance. Classical and contemporary palaces grace the glistening shorelines and adorn the pastoral woodlands. So how can such exalted properties, which have captured the popular imagination since ages past, be elevated even higher?

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Design 119

Inman

APRIL 26, 2023

With Barton Barrett and Leigh Marshall at the helm, the team will work to expand its footprint throughout Manhattan, into North Brooklyn and across the new development market.

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Development Marketing New Construction Construction 148

Eye on Housing

APRIL 26, 2023

NAHB analysis of the most recent Quarterly Sales by Price and Financing report published by the U.S. Census Bureau reveals that the share of new home sales backed by FHA loans jumped from 8.4% to 11.7% in the first quarter of 2023. It is the largest share since 2007 but remains 30% lower than the post-Great Recession average. Conventional loans financed.

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FHA loan Sales Finance Loans 119

Inman

APRIL 26, 2023

Some real estate agents are earning tons in extra splits from their brokerages, the real estate advisor told Intel. Everything seems great — until they're told to pay it back in full.

Brokerage 148

Brokerage Agents 148

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Agents

Eye on Housing

APRIL 26, 2023

Interest for new home construction was essentially unchanged between the final quarter of 2022 and the first quarter of 2023, as the share of prospective buyers looking to buy a newly built home barely edged from 20% to 21%. Meanwhile, the share interested in existing homes dropped from 39% to 37% during this period, while the share with no particular.

Construction 119

Construction 119

Inman

APRIL 26, 2023

The Federal Housing Finance Agency says risk-based fee increases are aimed at ensuring the mortgage giants' safety and soundness, not to subsidize fee waivers for buyers of limited means.

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Finance Mortgages Loans 148

RIS Media

APRIL 26, 2023

Editor’s Note: Social Skills is a bi-monthly feature in RISMedia’s Daily News focused on social media and digital marketing tips, trends and solutions for agents and brokers. Being available 24/7 for your clients is something that every agent strives for, but the reality is—that’s not reality. No matter how many hours you put into calling,… The post Social Skills: How to Use Chatbots to Streamline Communication With Potential Clients appeared first on RISMedia.

Agents 118

Agents Marketing Industrial 118

Inman

APRIL 26, 2023

Weeks after Justice Clarence Thomas came under fire for real estate dealings with Texas-based developer Harlan Crow, Gorsuch is facing scrutiny over failure to disclose the identify of a buyer.

Development 140

Development 140

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Sales

RIS Media

APRIL 26, 2023

Second homes are providing a surge of new listings, and first-time homebuyers are back this spring, according to the latest survey from Bright MLS, which also unearthed some potentially important trends across its large mid-Atlantic footprint as real estate professionals across the country are still parsing out the 2023 market. Dr. Lisa Sturtevant, Bright’s chief… The post Second Homes, First-Time Buyers Create ‘Paradoxical’ Market appeared first on RISMedia.

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Marketing MLS Sales Industrial 116

Coldwell Banker

APRIL 26, 2023

A simple guide that breaks down what determines the price of a complex international move. The post International Moves: What Determines The Price? appeared first on Coldwell Banker Blue Matter.

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RIS Media

APRIL 26, 2023

April is Earth month, which is the perfect time to emphasize sustainability in your firm and demonstrate your commitment to the environment. NAR’s Sustainability Program offers marketing tools, proprietary research, free courses and resources that allow your agents to meet the growing demand for green homes. Get started! The post NAR Broker Tip of the Month: Get Smart About Sustainability appeared first on RISMedia.

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Agents Marketing Industrial 116

Real Trends

APRIL 26, 2023

Ray Giacoletti might be new to the real estate industry, but he is no stranger to hard work. The new 30A, Florida-based Corcoran Reverie agent coached NCAA basketball for over three decades. After finishing his own collegiate basketball career at Minot State, the Illinois native returned to be part of the school’s coaching team after his graduation.

Industrial 102

Industrial As-is Staging Agents 102

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