Mon.Aug 31, 2020

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As eviction moratoriums end, what will happen in Pennsylvania, Nevada, Florida and California?

Housing Wire

According to Census data, approximately 21% of renter households are behind on rent payment, and it’s estimated that up to 40 million renters could face eviction over the next few months after federal eviction moratoriums expired in late July. Now, states and localities are deciding if and when to end or extend eviction moratoriums. Today, eviction moratoriums are expiring in Atlanta and Pennsylvania.

As-is 545
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Three Ways to Win in a Bidding War

Keeping Current Matters

With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. This way, you can put your best foot forward – quickly and efficiently – if you’re planning to buy a home this season. Javier Vivas, Director of Economic Research at realtor.com, explains : “COVID-19 has accelerated earlier trends, bringing even more buyers than the mark

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Black Knight acquires DocVerify to boost RON capabilities

Housing Wire

Black Knight has acquired DocVerify to boost its e-notarization capabilities. Black Knight announced the purchase of the privately held company on Thursday, without disclosing the terms of the transaction. “The acquisition helps accelerate Black Knight’s goal of digitizing the entirety of the real estate and mortgage continuum as DocVerify’s trusted and proven digital document verification capabilities are already seamlessly integrated with Expedite Close, Black Knight’s digital closing platform

Lending 481
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Pending Home Sales Up 5.9% in July

Eye on Housing

As record-low mortgage rates continue to fuel housing demand, pending home sales increased for a third straight month in July. The Pending Home Sales Index (PHSI), reported by the National Association of Realtors (NAR), is a forward-looking indicator based on signed contracts. The PHSI rose 5.9% from 115.3 in June to 122.1 in July. On a year-over-year basis, sales were.

Sales 135
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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Borrowers want consistency through the lending process – Here’s how to give them that

Housing Wire

This year’s low rates have led to high loan volumes, and lenders overwhelmed with applications are looking for the best way to handle the increased workload. Scaling up staffing can help, but it can be difficult to find enough people to take care of the manual processes to keep up with the demand. And hiring in a wave of high volumes can mean layoffs when the market is less robust.

Lending 407
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#273: The Emotional Complexity of Money, with Dr. Dan Ariely

Afford Anything

Has the pandemic caused you to feel less-than at any point? Do you find your painstakingly-formed money habits harder to stick with? Are you worried about losing your job or figuring out how to make ends meet? Many of us have faced one or all of these pressures since March. And we’re wearing thin, if we haven’t already crumbled. Today’s guest, Dr. Dan Ariely, best-selling author and famed behavioral economist, has a simple message for us: “My responsibility ends at me doing the best job I can.”.

Banks 125

More Trending

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Mortgage rates today, August 31, 2020, plus lock recommendations

The Mortgage Report

Mortgage rates today are driven by movements in financial markets worldwide. When the economy heats up, bond price drop, and rates increase. When the economy pulls back, interest rates tend to fall.

Mortgages 122
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Cannae and Senator deliver written consent to vote on replacement of CoreLogic directors

Housing Wire

[ Update: The story has been updated to include a comment from a CoreLogic spokesperson. The subhead has also been updated to reflect the views of both firms as it had originally stated that CoreLogic was bound to hold a special meeting as a result of the written consent. ]. Cannae Holdings and Senator Investment Group announced on Monday that written consent to call a Special Meeting of Shareholders was delivered to CoreLogic for consideration of director nominations previously introduced by th

Investor 395
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Run the Air Conditioner or Open the Windows? How To Know What Will Save You Money

Realtor.com

ronstik/Getty Images When the mercury is rising, it should be an easy decision: Do you run the air conditioning or open the windows? In reality, the choice isn’t always so obvious. You may think open windows are the more economical choice, but constantly starting and stopping your central AC or window unit can be inefficient and costly. And if you have environmental allergies, do you really need to run the AC even on mild days?

As-is 122
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Hurricane Laura wallops areas with high mortgage delinquency rates

Housing Wire

Insurers will have to fork over billions of dollars to pay for damage that property owners incurred from Hurricane Laura last week. Data and analytics provider CoreLogic estimated that residential and commercial property damage in Louisiana and Texas could come in anywhere between $8 billion and $12 billion, with the vast majority of the damage coming in Louisiana.

Mortgages 393
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

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.

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Your website copy may be too hard to read; these services help

The American Genius for Real Estate

[MARKETING] Your website copy may be too dense, unreadable, and turning away sales. Here’s some tech to help you out. The post Your website copy may be too hard to read; these services help appeared first on The American Genius Real Estate.

Sales 121
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Academy Mortgage Inspires Hope

Housing Wire

With the world in need of more hope right now, Academy Mortgage is taking action to make a difference. Academy was built on a vision to Inspire Hope, Deliver Dreams and Build Prosperity — a set of values that are not simply listed in a mission statement hanging on an office wall. Academy teams walk the talk in serving and lifting others, whether by helping families achieve homeownership or by donating time, talents and resources to those in need.

Mortgages 383
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Canada’s Big Six Banks Set Aside Over $6 Billion For Credit Losses

Better Dwelling

Canadian banks are setting aside a lot more cash for bad loans, despite a number of government programs to help households. The “Big Six” reported Q3 financial results, and a common theme was an increase in provisions for credit losses (PCLs) from last year. The amount of cash banks have set aside for bad loans […]. The post Canada’s Big Six Banks Set Aside Over $6 Billion For Credit Losses appeared first on Better Dwelling.

Banks 115
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Despite this year’s short pause, demand for non-QM is stronger than ever

Housing Wire

Citadel Servicing Corporation returned to origination in July, bringing in new leaders as part of its strategy to remain best-in-class. HousingWire spoke to Doug Perry, Citadel’s new managing director of Wholesale and Retail Sales, about his plans for Citadel and the current state of non-QM lending. HousingWire: Tell us a bit about your background and your plans for Citadel Servicing as its new managing director of Wholesale and Retail Sales.

Lending 383
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

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.

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Why Did Justin Bieber Buy in Beverly Park? A Huge Discount Didn’t Hurt!

Realtor.com

realtor.com, Alberto E. Rodriguez/Getty Images Pop star Justin Bieber and his wife, model Hailey Baldwin , just bought a posh property in the Beverly Park neighborhood of Beverly Hills, CA, for $25.8 million, according to Variety. The high price is actually a serious discount from when the property debuted on the market two years ago. At a list price of $42 million, it was our most expensive new listing of the week.

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Digital lender Beeline goes on a hiring spree

Housing Wire

Digital lender Beeline plans to hire over 300 new employees total by September 2021 – with over 100 new positions opening in Charlotte, North Carolina and Providence, Rhode Island, the company said Monday. After its initial launch by industry veterans Nick Liuzza, Peter Gonzalez, Jess Kennedy, Greg Ellis and Jay Stockwell in May with $7.6 million in funding, the once 30-person company said it is looking to expand beyond its Northeastern home base.

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Our Fixer-Upper Homebuying Journey with the Renovation Husbands

Homes.com

David and Stephen St. Russell of the Renovation Husbands on Instagram share their first and second-time homebuying experiences and how they got started transforming fixer-upper homes. The post Our Fixer-Upper Homebuying Journey with the Renovation Husbands appeared first on Homes.com.

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PennyMac: Fueling Our Frontline Heroes

Housing Wire

When we think of frontline workers, we often think of emergency rooms full of doctors and nurses in hazmat suits. But these are not the only real heroes. The real heroes include every one of the people who are “essential” to making the health care machine work — Yes, the doctors and nurses, but also the home health care, orderlies, phlebotomists, police officers, mental health workers, physician assistants, the people who clean up, drivers, clerical workers.

Loans 370
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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

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.

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A 1910 Craftsman Home Renovation In Montana

Coldwell Banker

HGTV’s Mountain Mamas Star Trecie Wheat Hughes Shares Her Home Restoration Story. The post A 1910 Craftsman Home Renovation In Montana appeared first on Coldwell Banker Blue Matter.

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Fintech product showcase

Housing Wire

Consumers are looking for a faster, more digital home buying experience, with self-serve options where possible. Mortgage and real estate companies want to maintain business continuity amid COVID-19-related shifts while still working seamlessly and efficiently. Leveraging tech solutions is the way to go, with automation, data and other capabilities helping streamline the experience while saving companies time and money.

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How to Provide a Standout Experience for Your Homeowners & Board Members

App Folio

Providing homeowners and board members with digital experiences is a must, but that’s only part of your role as an association manager. It’s critical to have a technology partner that meets your needs now and in the future. Innovative, cloud-based software that evolves with the changing demands of the industry will keep your business thriving and competitive.

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Housing industry takes pride in stepping up

Housing Wire

In times of turmoil, it’s common to see a Mr. Rogers quote circulating the internet, encouraging us to “Look for the helpers.” Fortunately, in the midst of uncertainty, many in the housing industry are stepping up and continuing to push forward to help their communities despite the hurdles they may face at home and in the home office. It’s not surprising that that housing industry – whose primary goal is to place people in homes – would take pride in volunteering time and resources to support th

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

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Morgan Brown Re-Lists Stunning West Hollywood Home Amid Split from Actor Gerard Butler

Fancy Pants Homes

Following her highly publicized breakup with Scottish actor Gerard Butler, real estate developer Morgan Brown is now also ready to part ways with her West Hollywood home. Brown is asking $18,995,000 for the astounding property, which sits on what is arguably West Hollywood’s most prime residential street. The house itself is touted as an architectural triumph and designer “tour de force”, showcasing an unparalleled attention to detail and the finest finishes money can buy — all

Design 111
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Auction.com enables remote bidding on live foreclosure properties

Housing Wire

By using their mobile device and the Remote Bid feature on the Auction.com app, buyers can bid on properties at select live foreclosure auctions from anywhere, even as social distancing guidelines remain in place. Accessible only through the Auction.com mobile app, users can participate in multiple auctions at the same time, watching, joining and tracking bids concurrently.

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‘Friends’ Star Matthew Perry Lists His Malibu Beach House for $15M

Realtor.com

realtor.com, Dave Benett/Getty Images Want to be a friend to Matthew Perry ? Purchase his “kick-ass Malibu home,” as he called it on social media. The “Friends” star is selling his beachfront abode for $14.95 million, according to Variety. The performer purchased the Malibu home in 2011 for $12 million from Southern California developer Scott Gillen , according to Architectural Digest.

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FICS’ Mortgage Servicer software automates servicing operations, improving workflow efficiency

Housing Wire

Most mortgage lenders are looking for ways to automate their mortgage servicing operations in order to cut costs, maintain profitability and effectively manage their compliance and reporting to various agencies (e.g., investors, credit reporting agencies and regulators). With Mortgage Servicer, FICS provides clients with the necessary software to accomplish these goals while simultaneously improving the borrower experience.

Mortgages 276
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5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.

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Leading With Virtual Innovation

RIS Media

Today’s leaders are scrambling to adjust to the new normal. Creating ways to conduct virtual real estate, limited inventory, wearing masks, fear of catching COVID-19, wondering if we have a cure and if its spread is slowing down are all creating confusion in the marketplace and fear in our offices. In times of change, leaders must create an environment of consistency to provide real solutions if they are going to weather the storm.

Agents 109
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CoreLogic AutomatIQ Borrower reimagines the underwriting process with automation and standardization

Housing Wire

Even as lenders make significant investments in new technology and digital infrastructure, they continue to struggle with increasing costs per loan and time-to-close metrics. With AutomatIQ Borrower, CoreLogic recognized an opportunity to reverse these trends while also helping lenders improve their user experience. In creating its AutomatIQ Borrower solution, CoreLogic aimed to provide one consistent, objective and transparent workflow that lenders could leverage to validate applicants from pre

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The Last Move

BubbleInfo

Are you of the age (40+) where you might move one more time? Here are my resources to assist you. Reasons to move again: Be closer to family (primarily to be near the grandkids). Change from two-story to one-story home. Better neighborhood for you. Being closer to family, and especially to be near the grandkids, […]. The post The Last Move appeared first on bubbleinfo.com.

Agents 106
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Bushwick’s House of Yes Closes Temporarily After Liquor License Suspension

Brownstoner

The beloved Bushwick nightclub House of Yes temporarily closed beginning Friday after state authorities suspended its liquor license for skirting COVID-19 regulations, its owners announced. “Unfortunately, our liquor license was suspended yesterday by the State Liquor Authority (SLA),” the owners wrote on an August 28 Instagram post. “Therefore, we will… Read More > The post Bushwick’s House of Yes Closes Temporarily After Liquor License Suspension appeared first on Brownstoner.

Closing 105
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Real Estate Solutions: How to Crush Your Sales Goals and Fuel Your Pipeline

Speaker: Mary Maloney, Founder & Team Leader at Hometown Realty

The sales cycle in real estate is frequently measured at 3+ months. During this time, real estate agents frequently lose contact with clients and miss out on opportunities because they fail to follow up and provide value to the client. Top real estate agents are distinguished from developing agents by their ability to convert organic connections into sales opportunities.