The Mortgage Report

MAY 16, 2022

A no-cost refinance is possible if you roll the closing costs into your loan or have the lender cover them in exchange for a higher rate.

Closing costs 98

Closing costs Closing Loans 98

Housing Wire

MAY 16, 2022

Servicers’ forbearance portfolio volume dropped in April to a level below 1%, with fewer than half a million borrowers remaining with an active plan, according to the monthly Loan Monitoring Survey conducted by the Mortgage Bankers Association (MBA). That’s good news after the economic impacts of the Covid-19 pandemic hit borrowers hard, making it difficult for Americans to pay their mortgages.

Loans 448

Loans Staging Mortgages Industrial 448

Keeping Current Matters

MAY 16, 2022

In today’s housing market, homeowners have a great opportunity to sell their house and receive the best terms for their personal situation.

Marketing 254

Marketing 254

Housing Wire

MAY 16, 2022

As banks and non-bank lenders recently released earnings for the first quarter of 2022, two things became clear: Origination volume plummeted across the board, but those that managed to muster up a good quarter benefited from servicing portfolios. As refinancing became less appealing, lenders also sold off a large portion of mortgage servicing rights (MSRs), cut costs and diversified revenue stream to survive the mortgage storm.

Principal 397

Principal Banks Loans Lending 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

MAY 16, 2022

Over the first three months of 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 278,189. On a year-over-year (YoY) basis, this is a 0.8% increase over the March 2021 level of 276,110. Year-to-date ending in March, single-family permits declined in three out of the four regions. The South posted a modest increase of 4.8% while the.

Construction 121

Construction Marketing 121

Housing Wire

MAY 16, 2022

CertifID , a fintech focused on preventing wire fraud in residential real estate transactions, announced Monday it received $12.5 million in a Series A funding round led by Arthur Ventures. The cash injection will be used by the Michigan-based company to build out its platform and to bolster staffing levels. Specifically, the funds will be used to launch a solution to help prevent fraud in mortgage payoffs and to hire additional talent to join the company’s fraud recovery services team, said Tyl

Title 397

Title Residential Mortgages As-is 397

Housing Wire

MAY 16, 2022

Polly , a software-as-service mortgage technology firm that operates a loan-trading platform, integrated with six mortgage insurance providers to streamline the mortgage process for loan officers and mortgage lenders. . The San Francisco-based fintech will embed quoting capabilities of Arch MI , Enact , Essent , MGIC , National MI and Radian to Polly’s product and pricing engine to streamline the process of calculating, quoting and comparing mortgage insurance offerings across all providers, th

Mortgages 370

Mortgages Loan Officer Investor Loans 370

Fancy Pants Homes

MAY 16, 2022

As it turns out, you don’t have to travel all the way to Germany or France to see a veritable castle — there are some very beautiful castles in the New York area as well. In fact, there’s a magnificent castle nestled in one of the busiest and most well-known parks in the world. New York City’s Central Park, the most visited urban park in the United States, which attracts over 40 million visitors each year, has its own castle.

Renovation 111

Renovation Design Construction As-is 111

Housing Wire

MAY 16, 2022

In 2022’s changing market, non-QM has been a hot topic for many. HousingWire recently caught up with Steven Schwalb, managing partner of Angel Oak Lending, about the changes investor appetite has gone though for non-QM. HousingWire: What is the investor appetite for non-QM and how has that changed over the past few years? Steven Schwalb: The investor appetite continues to be strong even in today’s volatile market.

Investor 370

Investor Pre-approval Loans Lending 370

Maximum Exposure Real Estate

MAY 16, 2022

A land appraisal is a process of assessing the value of land. This assessment can determine the amount of compensation a property owner will receive for their property. Like a property appraisal, a land appraiser will research the land and compare it to other similar land parcels sold in the general area. Land appraisals can […]. The post How to Get a Land Appraisal Near Me appeared first on Maximum Real Estate Exposure.

Land 109

Land Marketing 109

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

MAY 16, 2022

The conditions in today’s market have pushed non-QM to the forefront. Borrowers need it more than ever to qualify for a home loan. Originators need it as a source of opportunity not found in another part of the mortgage sector. Non-QM is gaining speed in the market while agency is shrinking. Agency guidelines for condos are tighter deeming more non-warrantable.

Lending 370

Lending Loans Investor Banks 370

Toronto Realty Blog

MAY 16, 2022

TorontoRealtyBlog. Man, I’m so tired of being right. It’s tedious. I’m also tired of being humble. And modest. And subdued… If there are two beliefs about the intersection of politics and economics that I hold near-and-dear, they are the following: 1) Taxation is a zero-sum game. I know some of my regular readers have disagreed, but if you implement a novel new program or benefit at a cost of $1, then you need to increase taxes elsewhere for $1 to pay for that expendit

Construction 105

Construction Purchase and sale agreement Pre-approval Development 105

Housing Wire

MAY 16, 2022

HousingWire recently talked with Chris McEntee, vice president of ICE Mortgage Technology about the latest updates to the MERS eRegistry and what they mean for the industry. HousingWire: The MERS eRegistry is the only registry of its type in the industry. What kind of impact does this have on lenders? Chris McEntee: For over 25 years MERS has been integral in the mortgage industry’s evolution of moving from paper to eMortgages.

Investor 370

Investor Loans Industrial Mortgages 370

RIS Media

MAY 16, 2022

Berkshire Hathaway HomeServices Ally Real Estate co-founders Adam Lytle and Leighton Allen have announced that Vice President of Marketing & Relocation Wanda Gertin has been promoted to CEO. Gertin brings more than 10 years of real estate experience to her new role, the company stated, and prior to joining Berkshire Hathaway HomeServices Ally Real Estate, she was the relocation director for CENTURY 21 Real Estate LLC for seven years.

Residential 98

Residential Brokerage Agents As-is 98

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Brownstoner

MAY 16, 2022

An affordable housing lottery has opened for six of the 20 apartments in the five-story brick development on the corner of Driggs and Metropolitan avenues, located at the former Puccio Marble yard sites. The building at 658 Driggs Avenue was designed by architect Morris Adjmi and developed by RedSky Capital, which… Read More > The post Housing Lottery Opens for Adjmi-Designed Apartments at Puccio Marble Yard in ‘Burg appeared first on Brownstoner.

Design 98

Design Development Marketing 98

RIS Media

MAY 16, 2022

Florida held the top five hottest commercial real estate metro markets: Orlando, Miami, Palm Beach, Fort Lauderdale, and Fort Myers, according to NAR’s Commercial Real Estate Metro Market Conditions Index for the first quarter of 2022, released this week. Key highlights: Florida held the top five hottest commercial real estate metro markets: Orlando, Miami, Palm Beach, Fort Lauderdale, and Fort Myers.

Commercial 98

Commercial Marketing Industrial As-is 98

Brownstoner

MAY 16, 2022

With a richly colored interior, this row house in the Fort Greene Historic District embraces a bit of 19th century design aesthetic while also not ignoring modern amenities like a renovated kitchen and central air. Dating to circa 1859, the brick row house is one of stretch of transitional Greek Revival/Italianate… Read More > The post Lush Fort Greene Row House With Four Wood Burning Fireplaces, Koi Pond Asks $4.85 Million appeared first on Brownstoner.

Renovation 98

Renovation Design Marketing 98

RIS Media

MAY 16, 2022

When it comes to the various social media channels you can choose to help improve your online reputation as a real estate agent , perhaps none is as critical as Facebook. So, just how do you go about creating a Facebook presence for your real estate brand? We’ve put together a few helpful ideas to get you started. Post videos of your listings. The number of Facebook posts that contain video are in the minority, but the platform greatly rewards them.

Branding 98

Branding Staging Agents Development 98

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Agents

The Mortgage Report

MAY 16, 2022

Today’s mortgage and refinance rates Average mortgage rates moved higher last Friday, bringing an excellent week for them to a disappointing end. Indeed, Mortgage News Daily reckons it was the […].

Mortgages 98

Mortgages 98

RIS Media

MAY 16, 2022

Better Homes and Gardens Real Estate LLC has announced the affiliation of Better Homes and Gardens Real Estate Special Properties. The firm is based in Green Lake, Wisconsin and its service area encompasses Green Lake, Ripon, Princeton, Berlin, Markesan, Montello, Oshkosh, Fond du Lac and Wautoma. The boutique brokerage is led by Jeff Shadick and Sarah Loberg, who became owners in 2018.

Branding 98

Branding Brokerage Technology Agents 98

HomeLight

MAY 16, 2022

Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube. You might be a little crazy to think you can compete with Zillow and Realtor.com in Google’s search rankings. But when Ryan Fitzgerald got into real estate seven years ago, that’s exactly what he decided to do.

Branding 98

Branding Due diligence Agents As-is 98

RIS Media

MAY 16, 2022

The boom of the mortgage industry has come and gone, and in its wake is a list of companies that have had to shed hundreds—if not thousands—of workers amid the disappearing refinancing market. While the result was expected based on industry forecasts, the problem has extended beyond the startups and online companies that kickstarted the trend and is affecting bigger players.

Mortgages 98

Mortgages Marketing Lending Industrial 98

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Agents

Brownstoner

MAY 16, 2022

In the News Four Who Helped Catch Subway Attack Suspect Need Help Themselves [NYT] Officials Charge Unlivable Conditions at 'Burg NYCHA Complex [Eagle] Alleged Subway Shooter Frank James Pleads Not Guilty [BK Paper] Pasta Louise Opens Second Location in Park Slope [BK Paper] Tompkins Avenue Open Street Returns for Bed Stuy Block Party [BK Reader] As… Read More > The post Daily Links: Immigrants Who Helped Catch Subway Shooter Want Help to Stay in the United States appeared first on Bro

98

98

RIS Media

MAY 16, 2022

Negotiation is table stakes for a successful real estate professional. Yet, not everyone has mastered this skill, regardless of experience level. This is why The National Association of REALTORS® (NAR) and professionals like Rob Nahigian work tirelessly to help agents and brokers sharpen their negotiation strategy and tactics. Better negotiation skills not only ensure a REALTOR® is getting the best deal for themselves and their brokerage, but also their clients.

Principal 98

Principal Commercial Brokerage Agents 98

Brownstoner

MAY 16, 2022

Brooklyn’s most beloved park will enjoy some rejuvenation and revitalization this year as the Prospect Park Alliance launches the second year of its Re:New Prospect Park program. Launched last spring after a difficult year for New York City, Re:New Prospect Park is dedicated to maintaining and improving the park, plus bringing… Read More > The post Prospect Park Alliance Revives Program to Keep Brooklyn’s Backyard Looking Clean appeared first on Brownstoner.

As-is 98

As-is 98

RIS Media

MAY 16, 2022

realMLS , serving 11,000 members in Northeast Florida, has announced that it has partnered with Down Payment Resource (DPR) to enhance its platform with DPR’s suite of real estate agent tools that help MLS customers connect homebuyers with homebuyer assistance programs. realMLS is a multiple listing service (MLS) serving Baker, Clay, Duval, Nassau, Putnam and St.

MLS 98

MLS Land Technology Mortgages 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

Realty Biz

MAY 16, 2022

Demand for mortgages is on the rise due to what analysts say is an increase in listings on the market and fear that interest rates will continue climbing higher. However, buyers are increasingly turning to adjustable-rate mortgages, or ARMs, as opposed to standard fixed-rate mortgages. ARMs have an advantage in that they offer lower initial rates for a period of several years.

Fixed-rate mortgage 98

Fixed-rate mortgage Mortgages Loans Closing 98

RIS Media

MAY 16, 2022

The Biden administration announced this morning a sprawling package of housing related initiatives , largely pulled from the failed “ Build Back Better ” bill that fizzled in Congress last winter, promising to boost supply, preserve existing affordable housing and re-write regulations and federal incentive programs to expand construction opportunities across the nation.

Construction 98

Construction New Construction Finance Loans 98

Marco Santarelli

MAY 16, 2022

How is The Housing Market in Montgomery, Alabama? Montgomery Alabama Real Estate Market is hot in 2022. It is a good cash-flow market due to the strong demand for rental housing. And this is not entirely due to the 8 or more colleges and universities in the city. The cost of living in Montgomery is lower than the U.S. average while there are a number of good-paying jobs in the area.

Marketing 96

Marketing Residential Sales As-is 96

RIS Media

MAY 16, 2022

With a rash of wildfires currently burning across the southwest and dozens of historical damaging blazes causing billions in damage over the last few years, a non-profit called First Street Foundation is partnering with realtor.com® to provide fire risk assessment for properties nationwide. First Street Foundation, in a press release, said that the new Fire Factor ratings fill a gap in publicly available information about wildfire risk, which is not specific to properties and is not designed to

Design 98

Design As-is Industrial Agents 98

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