Housing Wire

FEBRUARY 1, 2021

Auctions efficiently ensure the highest and best offer — good for the distressed homeowner, surrounding neighborhood and the mortgage servicer. Those loan modifications attempted to right-size mortgage payments to help keep distressed borrowers in homes. More than 45% of the 1.7 Opportunity Lost. million represents 98% of the total 6.9

Sales 357

Sales Pre-approval Short sale MLS 357

Housing Wire

OCTOBER 11, 2023

Name Job Title Company Name Aaron VanTrojen CEO Geneva Financial Home Loans Abbie Tidmore Senior Managing Director and Chief Revenue Officer Pennymac Adam Kessler CEO Academy Mortgage Baron Silverstein President Newrez Ben Madick Co-Founder and CEO Matic Insurance Bernadette Kogler Co-Founder and CEO RiskSpan Bill Rogers Founder and CEO Homeowners (..)

Lending 454

Lending Technology Mortgages MLS 454

Housing Wire

SEPTEMBER 1, 2023

Name Job Title Company Name Aaron Kardell Vice President of Product Lone Wolf Technologies Aayaam Kapoor Vice President of Product and Agency Real Estate Webmasters Amaly Quiroz Vice President of Transaction Operations eXp Realty Amy Gorce CEO REdistribute Andrew Binkley President Constellation Real Estate Group Ankur Bansal President of HomeLight (..)

Technology 420

Technology Development Title Lending 420

Housing Wire

SEPTEMBER 1, 2022

As lenders continue to pivot strategies after last year’s record-breaking refinance volume, they’ve quickly found that, in this market, every mortgage counts. Total Expert’s Customer Intelligence drives hundreds of new originations by looking for signals from customers of a need for mortgage financing.

Equity 282

Equity Loan Officer MLS Loans 282

Housing Wire

AUGUST 1, 2023

From leading mortgage companies and real estate firms to spearheading groundbreaking initiatives and driving policy reforms, these honorees are making an indelible impact on housing.

Lending 370

Lending Title Mortgages Equity 370

Housing Wire

JUNE 21, 2023

“With inventory so low and many homeowners reluctant to give up their extremely low mortgage rates, everyone is wondering where new listings are going to come from. We’re starting to see more sellers who are listing second homes and investment properties,” said Lisa Sturtevant, the chief economist of Bright MLS , which conducted the survey.

MLS 315

MLS Sales Mortgages Agents 315

Housing Wire

SEPTEMBER 7, 2023

The three class action suits Moehrl , Sitzer/Burnett , and Nosalek , named after their lead plaintiffs, take aim at NAR’s Participation Rule , which requires listing agents to make a blanket offer of compensation to buyers’ agents in order to list the property on a Realtor-affiliated multiple listing service (MLS).

Agents 380

Agents Loan Officer Lending MLS 380

Housing Wire

FEBRUARY 14, 2023

It means that the Federal Reserve will push forward with rate hikes through the spring, which will increase borrowing costs for consumers and businesses,” Lisa Sturtevant, Bright MLS’ chief economist, said in a statement. The Fed’s rate increases, which have led to higher mortgage rates, have made the cost of buying a home even more costly.

MLS 349

MLS Equity Mortgages Design 349

Housing Wire

AUGUST 13, 2021

In February 2019, we wrote an article predicting this seismic shift, detailing how mortgage lenders could and should prepare to not only survive the shift but thrive in the future digital age. They don’t think, “I’m going to fill out a digital mortgage application or I’m going online to do my mortgage application.”

Loan Officer 442

Loan Officer Technology Loans Mortgages 442

Housing Wire

JULY 26, 2023

For the housing market, that likely means a few more months with mortgage rates above 6%. The FOMC also said it would continue to reduce its holdings of Treasury securities and agency debt and agency mortgage-backed securities. Bright MLS Chief Economist Lisa Sturtevant noted two weeks ago. Rents were up 8.3%

Fixed-rate mortgage 369

Fixed-rate mortgage Investor Mortgages Banks 369

Housing Wire

JULY 20, 2023

Stop answering clients’ concerns by saying, “Yeah, there’s really nothing on the market, I mean everything in the MLS is already pending. They may have a downpayment saved that isn’t their home equity. They might use a bridge loan to borrow their equity, close on the next home and then sell the old one. You have to ask!

Equity 278

Equity MLS Construction Agents 278

Housing Wire

AUGUST 7, 2023

MERS provided a trusted “golden record” of the owner of the mortgage loan asset, Simplifile reaches the county recording end-points, IDC integrated $5.2B Stuart McFarland is the former EVP Operations and CFO at Fannie Mae, EVP General Manager at GE Capital Mortgage Services, and CEO at GE Capital Asset Management.

Lending 333

Lending Loans Technology Brokerage 333

Housing Wire

OCTOBER 28, 2022

Speakers: Haley Parker, Area Business Development Manager, Fairway Independent Mortgage Corporation Arjun Dhingra, Sales and Business Development, All Western Mortgage Doug Wilber, CEO, Denim Social Chelsea Peitz, Founder, Chelsea Peitz Consulting. Speakers: Dave Savage, Chief Innovation Officer, Mortgage Coach and Sales Boomerang.

Title 369

Title Lending Finance Development 369

Housing Wire

JULY 19, 2021

million homeowners still in active forbearance, servicers have an important responsibility to communicate with homeowners about their mortgage reinstatement options and to help them navigate eligibility requirements to determine the best path forward. Joe Cutrona: Today, with nearly 2.2.

MLS 381

MLS Equity Closing costs Sales 381

HomeLight

NOVEMBER 29, 2023

Whether they’re considering selling their property, refinancing their mortgage, or simply curious about their investment’s current market value, many people are curious to know: “What’s my home worth today?” How Much Is Your Home Worth Now? Get a near-instant home value estimate from HomeLight for free.

MLS 108

MLS Equity Banks Sales 108

Real Trends

MAY 9, 2023

And yet, in today’s world of technology, instant gratification and misinformation, local MLS broker marketplaces and real estate professionals can be taken for granted. You understand and provide guidance on the financial aspects of the transaction, like mortgage rates, closing costs and appraisals.

MLS 94

MLS VA loan Equity Agents 94

HomeLight

SEPTEMBER 30, 2021

You’d like to sell your current home, but the mortgage isn’t paid off yet. Consider that most mortgages come with 15 or 30 year terms, while 52% of recent sellers sold before owning their home for 10 years, according to data from the National Association of Realtors. Next, find out how much you owe on your mortgage.

Mortgages 98

Mortgages Debt-to-income ratio Equity Closing costs 98

Realtor.com

NOVEMBER 28, 2022

The good news for home sellers is that over the past year, demand for homes has driven prices through the roof, pushing home equity to record levels. Yet any homebuyer out there today will also face steep mortgage interest rates, which have more than doubled over the past year to the 7% range. Is it worth the risk?

Marketing 119

Marketing Pre-approval Equity Finance 119

Housing Wire

AUGUST 24, 2023

Mortgage rate shot up again last week as the bond market continues to grapple with a growing economy in the run up to the next Federal Open Market Committee meeting. By contrast, the 30-year fixed-rate mortgage was at 5.55% a year ago at this time. Other indices showed even higher mortgage rates.

Mortgages 367

Mortgages Fixed-rate mortgage Banks Investor 367

HomeLight

NOVEMBER 9, 2021

MLS listings of the comparable properties. Depending on the location and mortgage company, a qualified appraiser may hold either an associate or bachelor’s degree, have 12-18 months of experience working with an appraiser, and have an appraiser certificate or license. The buyer is financing through a mortgage company.

Purchase and sale agreement 86

Purchase and sale agreement Equity Bankruptcy Finance 86

HomeLight

JANUARY 3, 2024

Oriana Shea , a top-rated agent in California who has been helping homebuyers for 26 years, says that, depending on local multiple list service (MLS) rules and where the property is located, a listing might actually be tagged as “contingent” rather than under contract. What contingencies might be attached to ‘under contract’ listings?

Purchase and sale agreement 96

Purchase and sale agreement Earnest money deposit Inspection contingency Pre-approval 96

HomeLight

APRIL 18, 2024

Zillow aggregates multiple list service , or MLS, listings nationwide. Zillow also connects buyers to mortgage lenders, providing information about rates and reviews of their services. Their site receives 10 million monthly visitors searching for places to buy or rent, or looking for help with a mortgage.

Agents 98

Agents Equity Sales Home sale contingency 98

HomeLight

JANUARY 22, 2024

Matt Megel , managing partner with CAZA Group , which sells homes 85% faster than the average Virginia agent, says that unlocking their home’s equity on a budget is one of the main drivers for homeowners wanting to sell their property “as is.” “One The second reason we come across is speed and convenience.

As-is 86

As-is Inspection Renovation Equity 86

Realty Biz

FEBRUARY 24, 2021

The loan you use for buying land to build a house on is very different than the traditional home mortgage loan. On a traditional mortgage, the home is used to secure the loan. Because of this, these loans have more stringent requirements than traditional mortgages. Your realtor can set up a search for you on the MLS system.

Land 122

Land Loans MLS Finance 122

Realty Biz

MAY 15, 2022

A real estate agent will search the multiple listing service (MLS) in order to provide the most accurate comps. When a buyer is using a mortgage lender, on most occasions a home appraisal will be required. In certain instances when there is ample equity in the property a lender may waive an appraisal. Real Estate Appraisers.

Sales 140

Sales Agents MLS Equity 140

Redfin

DECEMBER 7, 2020

homeowners will be on the hook for delinquent payments when mortgage forbearance ends. While some of those homeowners who are overleveraged or unaware of their options will contribute to a wave of foreclosures, most will be able to work with their lenders to either refinance their mortgage or sell to cash in on rising home values.

Marketing 79

Marketing Equity Investor Loans 79

Marco Santarelli

AUGUST 12, 2022

The mortgage rates are increasing in 2022 and show no indication of slowing in the near future. Some first-time buyers may be compelled to leave the market if mortgage interest rates continue to rise. More slowdown is likely as the housing market resets as buyers and sellers adjust to increased mortgage rates.

Agents 109

Agents MLS Mortgages Marketing 109

Broke Agent Media

APRIL 26, 2023

homes they sold in March—close to February’s 14.5%, the worst rate of loss since 2016—largely due to high mortgage rates dampening buyer demand. Source: Redfin Those numbers come from Redfin’s analysis of county records and MLS data across 40 major U.S. For context, 4.8% of overall U.S. loss, the largest since 2016. metro areas.

Investor 98

Investor Sales Mortgages Closing 98

HomeLight

AUGUST 31, 2021

You’re reading through a new MLS listing, and you believe you found your ideal home. A foreclosed home is a property that has been seized by the bank after the homeowner failed to make their mortgage payments. With a short sale, a lender agrees to a property sale for less than the remaining mortgage balance.

Pre-approval 94

Pre-approval Short sale Banks Finance 94

Lab Coat Agents

AUGUST 3, 2021

Until I saw this incredibly surprising graphic: This graphic depicts the number of TOTAL LISTED UNITS ( RED ) in the Garden State MLS (covers much of Northern NJ) in relation to the number of UNDER CONTRACT UNITS ( BLUE ) & SOLD UNITS ( GREEN ) for May of 2019, 2020 & 2021.

Branding 98

Branding New Construction MLS Equity 98

Realty Biz

JUNE 1, 2023

Farrah Wilder, an Alliance member and former Vice President of Diversity, Equity and Inclusion for California Realtors ® , will host the program which allows LGBTQ+ people in real estate to share their perspectives and experiences as “out” leaders in the industry.

Industrial 66

Industrial MLS Equity As-is 66

Housing Wire

NOVEMBER 11, 2022

We’ve created a hands-off system for originators to know instantly when there is an opportunity in their database — from rate monitoring to credit pulls, MLS listing, likely to move and more — when a borrower opportunity arises, by the time the LO gets the alert, their prospect already has received communication and a deal is generated.

Loans 61

Loans Industrial Mortgages MLS 61

HomeLight

JANUARY 3, 2023

Since you won’t be able to access MLS data without a real estate license, you’ll need to look at major home search sites to collect your data. Listing on the multiple listing service (MLS) will get your property more visibility. Conduct your own comps analysis. Compare your home’s features against the nearby comps you collected.

Purchase and sale agreement 94

Purchase and sale agreement Inspection MLS Inspection contingency 94

HomeLight

JULY 6, 2023

That’s why it’s important for your real estate agent to keep your property’s status up to date, both in the multiple listing service (MLS) that agents cooperatively use, as well as in online marketplaces, which pull data from the MLS. What other MLS statuses do agents use? I can do that from my phone.”

MLS 88

MLS Backup offer Inspection contingency Purchase and sale agreement 88

HomeLight

JANUARY 10, 2023

Since you won’t be able to directly access MLS data without a real estate license, you’ll need to look at major home search sites to collect your data. Listing on the multiple listing service (MLS) will get your property more visibility. Conduct your own comps analysis. Step 7: Field and negotiate offers using California’s forms.

Purchase and sale agreement 86

Purchase and sale agreement Natural hazards disclosure Inspection Title 86

HomeLight

OCTOBER 11, 2021

Normally, when someone puts their house up for sale, they have some equity in the property and will walk away with money in their pocket after closing. The seller has enough equity in the home to cover the existing mortgage, and their lender isn’t involved in the sale, aside from providing loan payoff amounts at closing.

Short sale 70

Short sale Sales Banks Backup offer 70

Redfin

JULY 30, 2021

For those buying and selling at the same time, this can be especially helpful if you’re trying to avoid a second mortgage or gap financing. You need to access your home’s equity ASAP : Depending on your financial situation, it may be necessary to access your home’s equity fast. What are the costs of selling a home to an iBuyer?

Pre-qualification 62

Pre-qualification Closing costs Equity Sales 62