Housing Wire

OCTOBER 6, 2023

Both brokerages also said they will not provide agents with any software that filters or restricts MLS listings based on the level of compensation being offered. Both brokerages also said they will not provide agents with any software that filters or restricts MLS listings based on the level of compensation being offered. In the Sept.

Industrial 410

Industrial MLS Brokerage Agents 410

Housing Wire

MARCH 22, 2021

When there’s a bidding war, cash is king. Homebuyers who offer all-cash improve their chances of winning a bidding war by 290%, per Redfin’s study of clients buying homes between June 2020 and February 2021. And don’t even think about making an offer below asking price in 2021, officials said.

Inspection contingency 545

Inspection contingency Inspection Sales Mortgages 545

Housing Wire

MAY 4, 2023

On the other hand, inventory is still low, and homes are still selling fast, often with multiple offers. offers on homes sold in March and more than a third of homes sold for above asking price. Fifty percent of buyers said they were going to buy regardless of rates and about one in five bought with cash. Buyer disappointment.

Marketing 421

Marketing MLS Mortgages Equity 421

Housing Wire

APRIL 1, 2024

When Hometap launched in 2017, the Boston-based fintech offered an unorthodox answer to this question for homeowners looking for an alternative to a loan. Through a home equity investment, homeowners can receive cash upfront in exchange for a share of the home’s future value. The annual investment volume in the U.S.

Equity 441

Equity Finance Purchase and sale agreement Investor 441

Housing Wire

JULY 9, 2021

Not only are they shopping, but they’re putting down offers well over the listing price. According to the founder of The Agency Texas, Thomas Brown , the buyer was bidding for a home against multiple offers. To make sure the offer stood out against the competition, the buyer offered to purchase the seller’s next home (yes, really).

Marketing 450

Marketing As-is Agents 450

Housing Wire

OCTOBER 14, 2021

These drastic increases in price, mean that longtime homeowners have seen massive equity gains, giving them more cash to use toward a potential new home, giving them an advantage in a bidding war against younger buyers who may be trying to purchase their first home. Over the same time period, home values grew 31.2%. Presented by: Doma.

Equity 539

Equity Construction Marketing Agents 539

HomeLight

APRIL 29, 2024

If your house is outdated or needs repairs, competing with all the new construction homes on the market can feel like a daunting prospect. These companies make all-cash offers on homes in any condition or facing any situation. In this article, we’ll explore both the advantages and potential drawbacks of opting for a cash sale.

New Construction 98

New Construction Closing Staging Construction 98

Housing Wire

APRIL 8, 2021

When you’re trying to create a standout offer to buy a home, it’s important to consider the tools and tactics at a buyer’s disposal. According to industry experts, there is more to a home offer than just the price you are willing to pay. Second, it allows you to tailor your offer to each individual house you put an offer on.

Pre-approval 441

Pre-approval Inspection Lending Staging 441

Housing Wire

APRIL 3, 2023

And just like our agents have had to adapt with the market, I have had to adapt to this shift, and we are now focusing on profit.” ​​Reffkin has set the ambitious goal for Compass, the largest brokerage in America by sales volume , to be cash flow–positive by the end of June, even amid the biggest housing market slowdown in years.

Banks 396

Banks Brokerage Closing As-is 396

Housing Wire

MARCH 11, 2022

To get a better idea about how big a role H4P will play in Fairway’s plans, RMD sat down with its National Reverse Mortgage Director Harlan Accola and its National Reverse Sales Training Specialist Dan Hultquist to learn more about H4P’s importance to Fairway’s future plans. Diagnosing low H4P uptake. of all endorsements in 2021.

FHA loan 370

FHA loan Due diligence Loan Officer Loans 370

Housing Wire

MAY 2, 2022

The spread between 30-year and ARM offerings is the widest it’s been since 2014 and within 20 basis points of an all-time high. . How lenders can continue to serve borrowers despite housing affordability challenges. Annual home price gains saw 19.9% annual appreciation in March, down from an upwardly revised 20.1%

Fixed-rate mortgage 421

Fixed-rate mortgage Principal Mortgages Investor 421

Housing Wire

APRIL 2, 2024

While real estate brokerages have no control over interest rates, transaction levels or home sales prices, they realize that proactive recruiting of agents is a key to success in a slow market. Sales managers often struggle to source enough quality agents to feed the top of their funnel.

Agents 421

Agents Brokerage MLS Technology 421

Housing Wire

MAY 27, 2021

Mortgage rates are down below three percent, continuing to offer many homeowners the potential to refinance and increase their monthly cash flow,” said Sam Khater, Freddie Mac’s chief economist. How lenders can stay competitive as the refi boom slows. Presented by: Computershare Loan Services.

Mortgages 466

Mortgages Fixed-rate mortgage Construction Sales 466

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. COVID killed cash. To compete today, lenders need much more than a POS and Realtor relationships. The COVID shift.

Loan Officer 450

Loan Officer Technology Loans Mortgages 450

Housing Wire

JULY 20, 2023

How does someone list and buy at the same time successfully in a market like this? Finally, when your client builds, they don’t have to compete in a bidding war. The advantage here is that your client can make a non-contingent offer, secure their next home and deal with their old house later. range currently!

Equity 285

Equity MLS Construction Agents 285

Housing Wire

MARCH 9, 2022

But how can servicers convert “customer for life” from theory to practice? Incenter is adding a third-party due diligence review firm to its umbrella of companies. The firm, founded in 2008, also provides document management services for closing, purchase, sale and securitization of residential and business-purpose mortgage loans. Learn here!

Due diligence 367

Due diligence Loans Banks Mortgages 367

Housing Wire

JANUARY 22, 2021

Nearly three months after CoreLogic confirmed it was exploring multiple acquisition offers following the rejection of a hostile takeover bid, the data giant is now evaluating the final two bidders. Though it’s reportedly entertaining offers, CoreLogic could remain independent. based company has completed, Bloomberg data revealed.

Equity 384

Equity Bankruptcy Investor Commercial 384

Housing Wire

OCTOBER 6, 2021

The CFPB pointed to the pandemic as the most likely motive for this upwards trend in digital adoption as credit card issuers were faced with a series of challenges in how to address demand for credit, the need for relief and the servicing of existing accounts. Concurrently, the use of paper-based payments has declined. Photo courtesy of CFPB.

Banks 383

Banks Loans Lending Technology 383

Housing Wire

JANUARY 2, 2024

There’s a logical case for how a mortgage marketplace could be constructed to enable broader consumer participation in available finance options while also creating a new and exciting business channel for mortgage lenders and the ecosystem of supporting services they require. housing and economic policy in ways that aren’t always beneficial.

Mortgages 441

Mortgages Finance Lending Industrial 441

Housing Wire

NOVEMBER 9, 2020

The company wrapped the quarter with the highest cash and investment balance in its history, growing cash and investments to $3.8 Refi Sugar High: How to balance your diet. Refi Sugar High: How to balance your diet. According to its earnings report , Zillow’s mortgage revenue grew 114% to $54 million in Q3.

Mortgages 304

Mortgages Finance Industrial Loans 304

Housing Wire

DECEMBER 27, 2023

“But given how hard this market has been and that scale is becoming more important with technology, smaller companies are under more pressure. ’ ‘I just really can’t compete.” ’ ‘I just really can’t compete.” By the same measure, Guild had just 1.1%

Mortgages 421

Mortgages Bankruptcy Lending Loan Officer 421

Maximum Exposure Real Estate

MARCH 28, 2023

How To Compete With A Cash Real Estate Offer Do you want to know how to beat a cash offer on the house? Whenever real estate markets turn to favor sellers, the odds of being up against multiple offers for a home increase.

Marketing 98

Marketing 98

Housing Wire

OCTOBER 28, 2020

No decision has been made to enter into a transaction at this time, and the Company can offer no assurance that it will enter into any transaction in the future or, if entered into, what the terms of any such transaction would be. “No How servicers can prepare for potential default wave. Presented by: Sutherland.

Investor 353

Investor Principal Equity Technology 353

Housing Wire

JUNE 23, 2021

Most of those people have the money to compete with other buyers and drive up prices.” How 2020 is still shaping the way lenders use data. More than 74% of Redfin offers in the Seattle metro faced a bidding war, and the typical home sold in just five days, down from nine days a year ago. a year earlier.

Agents 466

Agents Banks Brokerage Sales 466

Housing Wire

APRIL 9, 2021

“We’re giving them an offer to unlock their equity and move forward to make an offer on their next home,” Ryan Raveis, co-president of William Raveis Real Estate, Mortgage & Insurance (WRRE) , said in an interview with HousingWire. Once the home sells, the homeowner receives the full proceeds.

Equity 410

Equity Brokerage Mortgages Title 410

Housing Wire

AUGUST 5, 2020

That afternoon I said to Matt, “competence leads to confidence; condfidence leads to consistency!” . 4: Competence leads to confidence; condfidence leads to consistency. . 4: Competence leads to confidence; condfidence leads to consistency. . Find more advice in his first , second and third pieces. My son had greatness in him.

Loans 344

Loans Finance Mortgages As-is 344

Maximum Exposure Real Estate

FEBRUARY 4, 2022

How To Compete With A Cash Real Estate Offer Do you want to know how to beat a cash offer on a house? Whenever real estate markets turn to favor sellers, the odds of being up against multiple offers for a home increases.

Marketing 121

Marketing 121

Housing Wire

MAY 10, 2022

Bringing together some of the top economists and researchers in housing, this event will provide an in-depth look at their latest insights on the housing market, along with a roundtable discussion on how this information applies to your business. To register for the HW+ event, go here. April was National Fair Housing Month.

Mortgages 450

Mortgages Equity Closing Marketing 450

Realty Biz

MAY 1, 2022

Tips For Beating Cash Offers. If you are looking to buy a home in a hot seller’s market, there is a strong likelihood you’ll be up against buyers who will be making a cash offer. A cash offer on a house is undoubtedly hard to beat. A cash offer on a house is undoubtedly hard to beat.

Purchase and sale agreement 145

Purchase and sale agreement Rent back Pre-approval Inspection 145

Housing Wire

AUGUST 25, 2022

But there’s another threat that Homepoint executives must worry about – United Wholesale Mortgage (UWM), the top dog in wholesale, has embarked on a strategy of heavy price cutting, forcing Homepoint and others to limbo to compete for business. That has contributed to UWM’s competitors taking losses on loans when they can least afford it.

Mortgages 397

Mortgages Equity Loans Seller concession 397

Housing Wire

MAY 8, 2023

We are operating in the same market, same customers, sometimes competing against each other as just friendly competitors, sometimes working together. In December 2022 , the bank concluded the merger with New York Community Bancorp after waiting for regulatory approvals for over a year. So what do these transactions add to Flagstar?

Banks 370

Banks Lending Loans Mortgages 370

Housing Wire

JANUARY 2, 2024

From Bethesda and Towson to Havre de Grace and Silver Spring, it’s now easier than ever to complete the required 60 hours of real estate prelicensing classes from the comfort of your own home in Maryland. Let our expert guide help you pinpoint the best Maryland real estate school and program to fit your goals, budget, and learning style.

HR 431

HR Agents As-is Development 431

Housing Wire

MARCH 28, 2022

Working with buyers scrambling to compete in an insane seller’s market has become a 24/7 job; homes sell in the blink of an eye. Cash offer lenders” are rewiring the traditional home buying process. HW: OK, so how do lenders looking to do better in the Realtor channel approach this reality?

Marketing 370

Marketing Branding Brokerage Agents 370

Housing Wire

MARCH 10, 2023

Customers [lenders] are calling us asking is this a product that we should originate in the absence of cash-out refinance,” said John Toohig, managing director of whole loan trading at Raymond James. They are saying, ‘Tell me what’s working, how can I stand a program up so I can capture some of this [home-equity] business.”

Equity 370

Equity Marketing Debt-to-income ratio Lending 370

Housing Wire

FEBRUARY 7, 2022

San Francisco-based fintech firm Unison plans several securitization deals to market in 2022, with private label offerings backed by home-equity assets. Unison expects to bring three additional securitization deals to market in 2022, according to a company executive.

Equity 368

Equity Marketing Investor Finance 368

Lighter Side of Real Estate

JANUARY 17, 2024

According to Yahoo Finance , bidding wars are still very much a thing in 2024, with some houses receiving upwards of 30 offers. And, for quite some time now, there simply have not been enough houses for sale to satisfy the number of buyers competing for them, which has been the reason bidding wars have continued even after rates went up.

Pre-approval 86

Pre-approval Banks Finance Sales 86

HomeLight

JUNE 9, 2023

A property listed as “contingent” in real estate means the seller has accepted an offer, but the deal isn’t fully closed yet. If you receive a contingent offer as a seller, statistically speaking, that deal is likely to still close. .” So, what does contingent mean in real estate?

Home sale contingency 144

Home sale contingency Inspection contingency Purchase and sale agreement Inspection 144