Housing Wire

APRIL 15, 2024

Last week’s above-consensus inflation figures brought the mortgage market back to a sour reality: The average 30-year fixed mortgage rate, an index closely watched by industry experts, may be close to or even above the 7% level for longer than previously expected. A second rate cut is expected for November.

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Housing Wire

APRIL 12, 2024

Data from Precedence Research shows that the size of the global AI market is estimated to grow from $454 billion in 2022 to $2.5 There is little evidence so far that AI can fundamentally transform our industry in the next 5-10 years — there are too many structural and regulatory impediments for that to be the case,” they wrote. “I

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Housing Wire

APRIL 17, 2024

Market Intelligence Market Intelligence is a robust data visualization tool that combines the power of CoreLogic’s data assets with clear and actionable insights that give you a better understanding of the mortgage industry, allowing you to adapt to industry trends, improve LO recruitment and foster deeper relationships within the industry.

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Housing Wire

MARCH 21, 2024

Mike Fratantoni , the chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association (MBA), addressed three major challenges in the housing market during testimony before the U.S. House of Representatives ‘ Financial Services Subcommittee on Housing and Insurance.

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Housing Wire

MARCH 15, 2024

Meanwhile, trade groups representing lenders believe that more details on the settlement are needed to understand its coming impact on the housing market. Consequently, mortgage industry executives believe buyers will pay agents out of pocket or ask sellers to pay their agent fees through concessions. LOs on average get about 1%.)

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Housing Wire

APRIL 15, 2024

The National Association of Mortgage Brokers (NAMB) announced a partnership with artificial intelligence (AI)-based video marketing platform Roomvu to provide mortgage brokers with marketing tools. Their innovative marketing technology is easy to use and is proven to move the needle in our industry.

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Housing Wire

OCTOBER 5, 2023

Gerlach is joining Compass as a sales manager supporting brokerage professionals in the Palo Alto market as part of the firm’s management team. We’re absolutely thrilled to welcome an industry veteran back into the Compass fold. We’re absolutely thrilled to welcome an industry veteran back into the Compass fold.

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Housing Wire

MARCH 18, 2024

Like Danzey, Edgerton has heard many concerns from agents across the industry, much of which has been centered around the timeline laid out in the settlement. Everyone in the industry has experience with negotiation and is pretty good at it, but there are new and different pathways opening up for negotiation.

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Housing Wire

FEBRUARY 22, 2024

Recent cyberattacks at mortgage companies have put the industry in alert mode, executives at top lenders, servicers, tech vendors and investors told HousingWire. But they acknowledge that they keep a vast amount of customer data and some players may be vulnerable amid a shrinking market.

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Housing Wire

MARCH 15, 2024

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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Housing Wire

APRIL 23, 2024

Nominations for HousingWire’s 2024 Marketing Leaders award are open now through April 30th, 2024. The HousingWire Marketing Leaders award recognizes outstanding professionals who have demonstrated excellence in marketing within mortgage and real estate. Click here to nominate someone.

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Housing Wire

MARCH 20, 2024

I don’t expect we’ll see much of a market reaction to the Fed meeting this week because the Fed is waiting for the incoming data, just like the rest of us,” said Danielle Hale, chief economist at Realtor.com. It seems to me they didn’t want to make that same mistake today.” “I

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Housing Wire

MARCH 27, 2023

Housing markets in tech hubs were in high demand during the pandemic, with potential buyers facing fierce competition on homes in cities like San Jose and Austin. According to Redfin’s analysis, Austin, Texas has experienced the most rapidly cooling housing market in the nation over the last year.

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Housing Wire

APRIL 4, 2024

Nominations for HousingWire’s 2024 Marketing Leaders are open until April 30, 2024. While they have endured a rocky, rates-driven cycle, marketers in mortgage and real estate continue to play a pivotal role in lead generation, customer acquisition and retention differentiation that has helped to keep many organizations stay afloat.

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Housing Wire

OCTOBER 12, 2023

As existing-home sales continue to slide and mortgage rates rise ever higher, all but eliminating any hope for refinance transactions, the title insurance industry is doubling down on technology. At the forefront, is artificial intelligence , or AI.

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Housing Wire

APRIL 24, 2024

About 90% of millionaires have built their fortunes in great part through the ownership and management of real estate, according to industry data. In order to tackle these challenges and respond to evolving market dynamics, one pivotal shift has been the integration of property technology (proptech) into management practices.

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Housing Wire

SEPTEMBER 12, 2023

MBA cannot control macroeconomic forces, but what we can do is make sure the actions of policymakers help our industry instead of hindering it at a crucial time,” Broeksmit said at the organization’s Compliance and Risk Management Conference this week in Washington, D.C.

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Housing Wire

SEPTEMBER 6, 2023

Despite the economic headwinds, the title industry remains strong, according to Fitch Ratings’ title industry September 2023 Peer Review. Fidelity recorded the largest market share at 29%, followed by First American at 26%, Old Republic at 16% and Stewart at 11%.

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Title Industrial Commercial Mortgages 395

Housing Wire

FEBRUARY 24, 2023

It is crunch time in the housing industry. Whether you’ve been affected by industry layoffs or you’re future-proofing your career, applying for new positions and interviewing can be daunting. SaaS companies may also be in the market for sales professionals. Proptech Certain proptech companies are actively hiring.

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Industrial Loan Officer Loans Branding 383

Housing Wire

NOVEMBER 13, 2023

Ron Frasier, a title industry veteran and CEO of title startup Atlas Title , has been watching the commission lawsuit saga closely. “If It is going to change how title companies market their products and services,” Cain said.

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Title Industrial Purchase and sale agreement Agents 417

Housing Wire

JANUARY 23, 2024

Jansta joins Xome from Altisource , where he served for two years as the chief marketing officer. Jansta’s background includes serving as chief marketing officer and senior vice president at Auction.com , general manager at Hubzu , and marketing lead at Equator , an Altisource business unit.

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Industrial Title MLS Technology 427

Inman

NOVEMBER 30, 2023

Tune in to this week's latest Inman Access class and hear from three industry experts on what real estate professionals should be prioritizing to see success in today's market and in 2024.

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Industrial Marketing Brokerage Agents 174

Housing Wire

APRIL 10, 2024

While officials are on track to hold rates steady at the next Federal Open Markets Committee meeting, the next inflation data, set for release on April 26, could shape the debate over what to do at the subsequent meeting in June. Inflation is down from the high of 9.1% Meanwhile, mortgage rates have steadied recently. “By

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Industrial Mortgages MLS As-is 454

Real Estate News

SEPTEMBER 22, 2023

Companies are built in down markets, and savvy business leaders should take advantage of deals on tech, services and more — right now.

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Industrial Marketing 267

Housing Wire

APRIL 17, 2023

Some say that the nearly 150-year-old title industry has a difficult time adapting and evolving. However, the title industry has proven these critics wrong over the past decade, and importantly, it has done so without leaving homeowners vulnerable to unnecessary risks. Innovation should be encouraged across the real estate industry.

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Housing Wire

MARCH 25, 2021

The private mortgage insurance industry also supported $600 billion in mortgage originations. The mortgage insurance industry also updated its guides and processes to align with the Federal Housing Finance Agency (FHFA) and the GSEs’ policies to implement nationwide forbearance programs. The result was approximately $1.3

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Industrial Mortgages FHA loan Finance 544

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

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Industrial MLS FHA loan Agents 417

Housing Wire

MARCH 12, 2024

nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to retain sufficient volume, Fitch Ratings reported Tuesday. billion in purchase originations in 2023, up 4% from 2022 and good for a market share of nearly 8%.

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Mortgages Marketing Lending Banks 462

Housing Wire

JANUARY 20, 2023

An industry downturn is when leaders find out the real capabilities of the companies they have built. In the title industry , like the rest of the home finance industry, the real dangers are high operating costs that come from inefficiency. No platform was completely successful in achieving this goal. That can be a big mistake.

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Housing Wire

AUGUST 9, 2022

Not many would count the title industry among the economy’s technology leaders. More than a few observers have referred to us as a mom-and-pop industry because it’s comprised of a significant number of small agencies. In fact, many title agents will proudly tell you that ours is a “traditional” industry. A tipping point?

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Housing Wire

NOVEMBER 30, 2022

Each year, the TECH100 awards recognize the 200 most influential tech companies in mortgage and real estate that are working to improve the housing industry through tech innovation. The promises of technology have largely been lost in the mortgage industry and little has been done to reduce costs for homebuyers.”.

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Industrial Title Lending Technology 370

Housing Wire

APRIL 5, 2024

million openings one year prior, according to other recent job market data. The housing market is eager to see mortgage rates ease as rates have spent nearly a year above 6.5%, and have most recently been hovering above 6.7%,” Realtor.com economic data analyst Hannah Jones said in a statement. million jobs, down from 9.8

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Industrial Mortgages Construction MLS 353

Housing Wire

APRIL 25, 2024

Real estate brokerage eXp Realty has added industry veteran Wendy Forsythe to its leadership team. On Thursday, the firm announced that Forsythe was joining eXp as its new chief marketing officer. She will also oversee eXp Realty’s brand management and advertising, as well as the firm’s digital marketing and public relations.

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Housing Wire

MARCH 18, 2024

Roomvu , a Canadian-based video marketing platform for residential real estate agents, is partnering with Leading Real Estate Companies of the World (LeadingRE) and Realty One to mark Roomvu’s expansion into the U.S. Our expansion into the U.S. Our partnerships with LeadingRE and RealtyOne are just the beginning.

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Marketing Residential Technology Branding 436

Housing Wire

JANUARY 6, 2023

Happy New Year to everyone in the housing industry! These five leaders from across the housing industry have shared their new year’s resolutions with HousingWire. Vice President of Marketing and Communication at EscrowTab. “In Matt Lionetti. Agent at The Agency , podcast host and social media guru. Kenny Parcell.

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Industrial Title Branding Agents 407

Housing Wire

APRIL 18, 2024

The challenges in today’s mortgage market have caused many originators to expand their loan product offerings outside of qualified mortgage (QM) criteria set by the Consumer Financial Protection Bureau (CFPB). In addition to stealth underwriting skills, it is imperative to respond to changes in the market proactively.

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Marketing Loans Investor Banks 417

Housing Wire

FEBRUARY 12, 2024

New Jersey-based mortgage lender The Money Store named industry veteran Coleen Bogle as chief marketing officer, the company announced on Monday. The hiring follows changes in marketing leadership at other mortgage companies, including Guild Mortgage and Rocket Companies.

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