Housing Wire
DECEMBER 5, 2023
When individual mortgages are originated by lenders like banks or credit unions , they may bundle groups of these mortgages together into financial vehicles called mortgage-backed securities (MBS) that are then sold to investors on a secondary market. This allows investors to gain exposure and returns from the mortgage market, while the lenders gain immediate capital to issue new mortgages.
Real Estate News
DECEMBER 5, 2023
West Penn MLS and multiple brokerage companies are defendants in the latest buyer-broker commission suit filed Monday by home sellers in Western Pennsylvania.
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Housing Wire
DECEMBER 5, 2023
An arbitrator conclusion issued last week caps a four-year legal battle over allegations of trade secret theft involving two of the biggest companies in the housing industry, Black Knight Servicing Technologies and PennyMac Financial Services. In a 2019 lawsuit, Black Knight accused Pennymac of copying its mortgage servicing platform, MSP, to create its Servicing Systems Environment (SSE) platform.
Real Estate News
DECEMBER 5, 2023
Mortgage rates, inventory and prices are expected to improve for homebuyers in the new year as the industry responds to commissions-focused court cases.
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Housing Wire
DECEMBER 5, 2023
The National Association of Realtors (NAR) has a new chief marketing and communications officer. The trade group announced Tuesday that Suzanne Bouhia would lead NAR’s marketing and communications group starting Dec. 11. Bouhia is joining NAR’s senior vice president team, which is responsible for supporting NAR’s CEO. “It is my privilege to help shape NAR’s perspective and amplify the voice of its 1.5 million members within the real estate industry and beyond.
Keeping Current Matters
DECEMBER 5, 2023
If you’re thinking about selling your house, you may have heard the supply of homes for sale is still low, and that means your house should stand out to buyers who are craving more options.
Residential Realty Today brings together the best content for real estate professionals from the widest variety of industry thought leaders.
Real Estate News
DECEMBER 5, 2023
Suzanne Bouhia will take on the role of Chief Marketing and Communications Officer, effective Dec. 11, during a turbulent time for the organization.
Housing Wire
DECEMBER 5, 2023
California-based Pennymac Financial Services ’s broker division, Pennymac TPO , launched a home equity loan product as tappable home equity nears its 2022 peak. “Pennymac’s broker partners can now offer their clients a home equity loan as a second lien solution to access more cash, while still preserving the low interest rate of their first mortgage,” the company said.
Inman
DECEMBER 5, 2023
A three-judge panel for the Washington, D.C., circuit seemed inclined to let the agency resume its probe into the National Association of Realtors' cooperative compensation and pocket listing rules.
Housing Wire
DECEMBER 5, 2023
Industry veteran Adam O’Daniel is transitioning to Guild Mortgage as senior vice president and chief marketing officer, a newly created role, after about two years at Open Mortgage , the company announced on Tuesday. “We’re going to expand Guild’s brand presence nationally, deliver best-in-class marketing tools, technology and support for our sales teams, and infuse a culture of creativity and collaboration across the brand,” O’Daniel said in a statement.
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Inman
DECEMBER 5, 2023
Faced with rising prices and rates, buyers are increasingly counting on personal loans and gifts to close deals, according to a survey of 3,000 potential buyers conducted by Dig Insights and Inman.
Housing Wire
DECEMBER 5, 2023
Housing Forward , the leading organization fighting homelessness in Dallas, appointed Sarah Kahn as interim president and chief executive officer, the nonprofit announced on Tuesday. Kahn starts her new role on Dec. 21. Her appointment comes on the heels of former president and CEO Joli Angel Robinson’s departure. Robinson accepted the role of chief executive officer of the Center on Halsted of Chicago, after serving Housing Forward for more than two years.
Inman
DECEMBER 5, 2023
Falling home prices and mortgage rates are on tap for buyers and sellers — not to mention a presidential election that could hinge on housing issues, according to Redfin's outlook for 2024.
RIS Media
DECEMBER 5, 2023
REALTORS® are an essential piece of the housing market ecosystem. However, especially in the world post Burnett vs. NAR, many home sellers don’t realize the necessity of an agent when it comes to navigating the market. For sellers that choose to make their own way in the market, it doesn’t often work in their favor.… The post Home Sellers on Working With vs.
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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.
Inman
DECEMBER 5, 2023
Better is the first lender to take advantage of the opportunity to generate prequalification letters for homebuyers through integration with Lone Wolf's transaction management solution, Transactions.
RIS Media
DECEMBER 5, 2023
Freddie Mac has announced new, standardized mortgage documents that increase clarity, consistency and accessibility of down payment assistance (DPA) programs nationwide. These documents can be used by lenders working with housing finance agencies (HFAs) at the state, city, county and local levels to eliminate confusion and misinterpretation of DPA programs.Currently, these forms vary greatly.
Inman
DECEMBER 5, 2023
The new offices bring The Agency's total office launch count in 2023 up to 26. The brokerage recently marked another milestone by launching its 100th office in Portland.
RIS Media
DECEMBER 5, 2023
Peaks and valleys… ebbs and flows… waxes and wanes… Every real estate professional understands that their industry has more of them than most, due to economic variables, inventory issues and a variety of other home-buying and -selling factors. Indeed, 2023 and very likely 2024 may someday be looked back on as two of the most… The post As 2024 Looms, Agents and Execs Talk Jobs, Lawsuits, Hopes and Concerns appeared first on RISMedia.
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.
Inman
DECEMBER 5, 2023
The firm's current COO will adopt the role of Coldwell Banker Warburg regional vice president starting in January, as current president Frederick Warburg Peters steps into a new role as president emeritus.
Brownstoner
DECEMBER 5, 2023
An affordable housing lottery has launched for 36 apartments in a long-in-the-works tower on the corner of 4th Avenue and Dean Street in Park Slope. Dubbed Signum, the glassy, 143-unit mixed-use building will be one of 4th Avenue's taller developments at 17 stories. Of the 36 studio, one-, and two-bedroom… Read More > The post Affordable Housing Lottery Opens for Boxy Park Slope Tower, With Studios Starting at $834 a Month appeared first on Brownstoner.
Inman
DECEMBER 5, 2023
Ryan Barone, CEO of RentRedi, discusses the ways that landlords are embracing innovative property management solutions and driving development in the proptech sector.
RIS Media
DECEMBER 5, 2023
David Dalfino, an owner of a Pillar To Post Home Inspectors® network member in Michigan, has been named the 2023 Strategic Partner of the Year for the Greater Metropolitan Association of REALTORS® the largest, local REALTOR® association in Michigan with more than 11,500 members, the company has announced. “Dave Dalfino’s recognition as the 2023 Strategic… The post Michigan Pillar To Post Home Inspectors Owner Awarded appeared first on RISMedia.
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.
Inman
DECEMBER 5, 2023
Fee increases the flat-fee brokerage implemented for 2023 haven't stopped Fathom from growing, with Sept. 30 agent count up 13 percent from a year ago, to 11,333.
RIS Media
DECEMBER 5, 2023
RISMedia is excited to announce that Jillian Young, president of Premier Plus Realty in Southwest Florida, will be heading up an industry-leading panel of real estate experts at the company’s 2024 Real Estate’s Rocking in the New Year virtual event on Thurs., Jan. 11, 2024. Click here to register! Young’s panel, “Lead Gen: What’s Working,… The post Jillian Young to Lead Panel on Lead Gen at RISMedia’s 2024 Rocking in the New Year appeared first on RISMedia.
Inman
DECEMBER 5, 2023
Investing in real estate provides an opportunity to become a millionaire. But you first need to wade through the fact and fiction to get started.
RIS Media
DECEMBER 5, 2023
Technically, the MLS industry was not on trial last October, as recent homesellers accused the National Association of REALTORS® (NAR) and big brokerages of conspiring to inflate commissions, winning a landmark ruling and a $1.8 billion judgment. Effectively, however, the Burnett verdict was always going to have a major impact on how listing services operate.… The post MLS Leaders Seeking Unity, Preparing for Change Post-Burnett appeared first on RISMedia.
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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.
Inman
DECEMBER 5, 2023
Suzanne Bouhia will shape NAR's communication strategy as the organization deals with lawsuits, scandal and a harrowing year in real estate.
RIS Media
DECEMBER 5, 2023
Suzanne Bouhia has been appointed Chief Marketing and Communications Officer of the National Association of REALTORS®, effective Dec. 11. NAR stated that Bouhia will be leading the Marketing and Communications Group to set its vision, strategy and long-term management approach for communications, branding and marketing. In this role, she joins NAR’s senior vice president team… The post NAR Announces New Chief Marketing and Communications Officer appeared first on RISMedia.
Inman
DECEMBER 5, 2023
The lightweight, AI-backed CRM Cloze will now connect directly with RealScout, a relationship-first lead cultivation and marketing solution, recognized for its flexibility and value as a contact engagement catalyst.
RIS Media
DECEMBER 5, 2023
RentSpree, a rental management software provider, and Stellar MLS have joined forces in a new partnership. This will provide Stellar’s extensive network of over 84,000 subscribers with direct access to RentSpree’s tools for streamlining rental transactions in one of the nation’s most important housing markets. RentSpree stated their full integration on the Stellar MLS platform… The post Stellar MLS and RentSpree Announce Partnership appeared first on RISMedia.
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.
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