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Title industry: We contributed $30 billion to GDP in 2022

Housing Wire

The title insurance and settlement services industry directly generated $30 billion of U.S. economic impact of the title industry. ALTA noted that 90% of the title industry is made up by small businesses. The Lone Star State was also the state with the highest direct total economic activity from the industry at $3.7

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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Consequently, mortgage industry executives believe buyers will pay agents out of pocket or ask sellers to pay their agent fees through concessions. Kevin Leibowitz, CEO of broker shop Grayton Mortgage, expects that “commissions will get squeezed,” and some buyers’ agents will exit the industry. LOs on average get about 1%.)

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Industry experts are closely watching delinquency rates, insurance costs

Housing Wire

Industry experts say that although there’s a correlation between unemployment and delinquency rates, some homeownership costs — including insurance — have increased significantly over the past two or three years, which has had a strong financial impact on homeowners. .

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Chaos, consolidation and opportunity: Experts weigh in on what NAR’s settlement means for the industry

Housing Wire

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them. Almost any time in history the U.S.

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Become THE Social-Savvy Agent With This Free eBook

You’ll hear from top industry experts and get exclusive insights into how you can become the social-savvy agent. Close more deals from social media leads in 2022! This three-chapter eBook covers the fundamentals of building a digital strategy. Get your copy today!

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Title waiver pilot program will have little impact on the industry: Fitch Ratings

Housing Wire

Despite the protests of the title insurance industry, Fitch Ratings does not believe the lender title insurance waiver pilot program for certain refinance transactions announced by the Federal Housing Finance Agency (FHFA) on Thursday will have an impact on title insurer ratings. Soham Bhonsle, an analyst at BTIG, shares a similar outlook.

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CoreLogic promotes industry veteran to lead real estate business

Housing Wire

I am honored to be considered for this role. (…) I look forward to guiding my team as we set the pace to transform the residential real estate industry,” Greene said in a statement. Greene will report to Devi Mateti, president of the enterprise digital solutions team. “I

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Reimagining How Construction Companies Capture Progress Tracking

Speaker: Felipe Engineer-Manriquez, Christopher Gagliardi, George Hedley, and Jason Nichols

How do we navigate the digital channels that the construction industry is in? Construction is constantly evolving but not in the matter of building the biggest tower anymore-- it's about utilizing our technological advances to make sure we are doing our jobs better, faster, and more efficiently. Where do even begin?