Mon.Mar 27, 2023

article thumbnail

Agile fintech firm executes first fully automated AOT transaction

Housing Wire

Agile , a Philadelphia-based fintech company focused on mortgage-backed securities (MBS), announced on Monday the execution of the mortgage industry’s first fully-automated Assignment of Trade (AOT) transaction. AOT transactions involve three counterparties — a mortgage originator, a mortgage investor, and a broker dealer — and are designed to transfer loan collateral and hedge positions to a mortgage investor.

Investor 468
article thumbnail

Get Ready: The Best Time To List Your House Is Almost Here

Keeping Current Matters

If you’re thinking about selling this spring, it’s time to get moving – the best week to list your house is fast approaching.

265
265
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

First Citizens Bank to acquire Silicon Valley Bank

Housing Wire

First Citizens Bank & Trust Company will acquire failed Silicon Valley Bank (SVB), which unexpectedly failed earlier this month and sent shock waves across the financial sector. The North Carolina-based First Citizens announced on Monday an agreement with the Federal Deposit Insurance Corporation (FDIC) to acquire all of SVB’s deposits and loans that were moved to an FDIC-created bridge bank after the collapse.

Banks 83
article thumbnail

ChatGPT for real estate data? It may be here sooner than you think.

Inman

Timely exploration, adoption and smart use of this technology will help real estate professionals do more with less and focus even more on creating an impeccable customer experience.

article thumbnail

The 2025 Real Estate Roadmap to Success

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.

article thumbnail

Bank failures may be the catalyst for an economic recession 

Housing Wire

Fannie Mae has projected that the recent bank failures may act as the catalyst that tips an already precarious economy into a recession — primarily due to the combination of tighter lending standards by small- and mid-sized regional banks. The ongoing banking instability may affect the availability of jumbo mortgages and residential construction loans due to the high concentration of those originations stemming from small and mid-sized banks, Fannie Mae’s Economic and Strategic Research (E

Banks 396
article thumbnail

The 3 most requested home office features

Inman

There have been several instances within the past few years where the lack of a suitable office space has been the deal breaker for clients. Even if a home checks all the other boxes, office space can often be non-negotiable.

Agents 167

More Trending

article thumbnail

Read Inman’s exclusive Roadmap to Real Estate’s Future

Inman

Brad Inman writes a letter to the real estate industry, published here in full, alongside the publication of Inman's Roadmap to Real Estate's Future that grew out of three days of conversations and insight at Disconnect 2023.

article thumbnail

Fannie Mae executes CIRT deals on $31B of single-family loans

Housing Wire

Fannie Mae announced on Monday that it has executed two new Credit Insurance Risk Transfer (CIRT) deals: CIRT 2023-2 and CIRT 2023-3. The deals, which include over $31 billion in single-family mortgage loans, are designed to reduce risk to taxpayers by increasing the role of private capital in the mortgage market. These are the second and third CIRT deals of 2023.

Loans 380
article thumbnail

‘Great Reshuffling’ winds down as COVID hotspots and tech hubs cool

Inman

Cities in the West that saw prices soar during the pandemic are now cooling while metros in the Northeast and Midwest are showing more resilience, according to a new analysis.

Marketing 167
article thumbnail

Opinion: The risk from Fannie Mae’s mission creep

Housing Wire

At a time of high mortgage rates and inflation, the federal government — along with government-sponsored enterprises — is understandably under pressure to lower costs and make homeownership more accessible. We share the goal of improving housing affordability. However, any effort to lower housing costs should be responsibly examined for potential risks to consumers, lenders and the broader marketplace.

Title 321
article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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.

article thumbnail

Compass Houston founding member Garcia takes team to KW Luxury

Inman

Houston real estate veteran Haley Garcia has taken her seven-person team to Keller Williams. Garcia was with Compass from 2018 to early 2023 and generated $205.5 million in sales volume during her last two years with the brokerage.

Brokerage 158
article thumbnail

Market in Focus: Texas Leading in Population Growth

Eye on Housing

Based on the Census Bureaus’ latest estimates, the population of the State of Texas grew by 470,708 persons between 2021 and 2022. This nominal increase was the largest of any state. Texas joined California as the second state to have a total population above 30 million, with a total estimated population of 30,029,572 on July 1, 2022. This population growth.

Marketing 119
article thumbnail

CHALLENGE: Audit your online footprint in 7 days

Inman

In just one week, you can make sure that every platform where you have a profile is fully updated with this handy-dandy checklist.

Branding 158
article thumbnail

Automated Real Estate Project Feasibility

GeekEstate

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of the GEM. Today’s showcase: Arx City] An automated underwriting and market intelligence platform, Arx City is built for real estate developers and brokers to source and conduct feasibility analysis and diligence. Arx allows customers to search for properties and development and investment projects specified to their strategy, schedule, and capital requirements.

article thumbnail

Driving Profit: 4 Pillars for Growing Your Real Estate Brokerage

In the rapidly changing real estate landscape, achieving profitability requires a strategic approach beyond traditional methods. Our guide, "The 4 Pillars to Brokerage Profitability," outlines four essential pillars for scaling your real estate business: a seamless lead-to-close technology ecosystem, tailored integrated solutions for teams and agents, value-added success services and community support, and consumer-centric operations throughout the full homeownership lifecycle.

article thumbnail

Market shift highlights brokerage fundamentals

Inman

The recent market shift has been a "great equalizer," accentuating the differences among brokerage models and the importance of agent count.

Brokerage 158
article thumbnail

Get More from Your Money: CPA Tax Tips for Real Estate Agents

HomeLight

Enjoying this episode? Be sure to follow The Walkthrough to get future episodes delivered automatically: Apple Podcasts/iTunes | Spotify | YouTube About This Episode Income tax season is right around the corner, and whether you’re a solo agent or leader of a team, there are specific tax strategies that can benefit you simply because of your real estate professional status.

Agents 105
article thumbnail

Inman Innovator Awards 2023: Nominations are officially open

Inman

Nominations are now open for the 2023 Inman Innovator Awards. The winners will be honored at Inman Connect Las Vegas, Aug. 8-10, 2023.

article thumbnail

Significant Sales: February 2023 Highlights

Sotheby's International Real Estate

From a AUD€$17M sale in Byron Bay, Australia, to a US$44.55M sale in Woodside, California, here are February 2023’s five highlighted sales represented by the Sotheby’s International Realty® global network. Byron Bay, Australia James McCowan and David Medina | Byron Bay Sotheby’s International Realty, AUD$17,000,000 Woodside, California Arthur Sharif | Sotheby’s International Realty – San Francisco Brokerage, US$44,500,000 Mexico City, Mexico Laura De la Torre and Maricruz Madrigal |

Sales 103
article thumbnail

Tech-Forward Strategies for Scaling Agent Efficiency & Accelerating Growth

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.

article thumbnail

First Citizens BancShares to acquire SVB in FDIC-brokered deal

Inman

The deal includes the purchase of approximately $72 billion in loans at a discount of about $16.5 billion, along with the transfer of all of the bank's deposits totaling about $56 billion, according to the FDIC.

Banks 158
article thumbnail

7 Ways Real Estate Investors Can Use ChatGPT

Bigger Pockets

Artificial intelligence has been around for decades, but it seemed a lot more innocuous when it was just playing checkers.

Investor 102
article thumbnail

Side partners with marketing software company Evocalize

Inman

Evocalize describes its product as a "Collaborative Marketing Platform" that allows users to announce their services through an array of campaigns on Google, Facebook and Instagram

Marketing 158
article thumbnail

What Is Net Operating Income (NOI) In Real Estate?

Bigger Pockets

Net operating income (NOI) is a vital real estate profitability metric to help you calculate an investment property’s potential revenue.

100
100
article thumbnail

The Broker Action Plan for the Post-NAR Lawsuit Landscape

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.

article thumbnail

Housing Affordability Conditions Improved in January 2023 for the Third Consecutive Month

NAR: Economic Outlook

Housing Affordability Conditions Improved in January At the national level, housing affordability rose in January compared to the previous month, according to NAR’s Housing Affordability Index.

99
article thumbnail

Why Sellers Don’t Like FHA Loans

Maximum Exposure Real Estate

What Are Potential Problems With FHA Buyers For Home Sellers Are you wondering whether to accept an offer from a buyer with an FHA loan? Have you heard that FHA loans could be a potential pitfall for a seller? When you go to sell your home, you hope to get many offers from well-qualified buyers. […] The post Why Sellers Don’t Like FHA Loans appeared first on Maximum Real Estate Exposure.

article thumbnail

7 Common Myths About Buying a New Construction Home to Not Believe

Mandrona Group

House-hunting is no easy journey, especially once you find that there’s a limited inventory of previously-owned homes in the housing.

article thumbnail

When Do You Need a Building Permit and For What Projects

Maximum Exposure Real Estate

Getting Building Permits For Work at Your House is Vital Did you not pull building permits for work done at your house? Getting a permit for building or improving is crucial. When you consider making improvements or additions to your home, it can be tempting to try and skirt the permit process. In some cities […] The post When Do You Need a Building Permit and For What Projects appeared first on Maximum Real Estate Exposure.

98
article thumbnail

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.

article thumbnail

Coldwell Banker Realty Agents in Arizona Continue to Set the Pace in the Industry!

Coldwell Banker

Award winners will be celebrated on Saturday, April 22 in Phoenix The post Coldwell Banker Realty Agents in Arizona Continue to Set the Pace in the Industry! appeared first on Coldwell Banker Blue Matter.

article thumbnail

Last Call: Everything You Need to Know Before Tax Day

Broke Agent Media

Do you want to maximize your earnings while minimizing your tax bill? It’s not too late to get your finances in order. BAM and Formations are teaming up once again for a last call before tax season wraps up. Join Formations founder Shahar Plinner and BAM co-founder Byron Lazine to learn tips to make the most of your 2022 taxes. Last Call: Everything You Need to Know Before Tax Day Tuesday, March 28th 3:00 pm EST Sign Up Now Tax Tips for Real Estate Agents This webinar will cover essential tax

Finance 98
article thumbnail

What Is The Point Of The Open House?

Toronto Realty Blog

TorontoRealtyBlog More important now than ever before? Okay, maybe that was a stretch on my part. After all, there was a time before the Internet when an open house was the first look at a property. While the older agents in your office might not impress you with their questions about how to “do a Twitter,” or when they try to fax something on the printer, or when they put a Tide Pod in the Keurig, they are great for stories about yesteryear.

Agents 97
article thumbnail

JPAR® Gulf Coast Named Affiliate of the Year

Realty Biz

JPAR® Gulf Coast, a leading real estate brokerage in Mobile, Alabama, is proud to announce that its dynamic duo, Adrienne and Owen Gill, have been named Affiliate of the Year by JPAR® - Real Estate. The Star Awards, announced at the brand’s annual JPAR® Nation Celebration, recognize top-performers in a variety of categories. The Affiliate of the Year award is given to a JPAR® affiliate who demonstrates excellence in all areas of the business, including; operations; marketing; customer service; p

article thumbnail

Boldtrail Backoffice - Take The Quiz to See What Package Is Right For You

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.