Housing Wire

FEBRUARY 1, 2021

The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace, according to recent data from the Auction.com Market Validation Program (MVP) for pre-foreclosure sales. Falling Short.

Sales 409

Sales Pre-approval Short sale MLS 409

Housing Wire

JUNE 3, 2024

Roof AI , an artificial intelligence -powered sales assistant that helps real estate and mortgage companies generate revenue across their business units, announced the integration of OpenAI ’s technology into its system, significantly boosting its capabilities. Michel Moubarak, vice president of growth at Roof AI, told HousingWire.

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Technology Sales Pre-approval MLS 440

Housing Wire

DECEMBER 6, 2024

Save time with pre-written newsletters from Market Leader Don’t have time to write three or more newsletters every month? For example, tips on home staging for a quick sale, how to get top dollar for a property, or advice on how to improve curb appeal are all topics that a seller might be interested in. Need some great ideas?

Pre-approval 382

Pre-approval Design Industrial Agents 382

Housing Wire

MAY 8, 2023

announced on Monday that it has integrated its next-generation point of sale system, The BIG Point of Sale, on the latest API Platform available through ICE Mortgage Technology , a division of Intercontinental Exchange, Inc. Fintech software and hardware company Mortgage Automation Technologies, Inc.

Technology 374

Technology Sales Mortgages Pre-approval 374

Housing Wire

APRIL 16, 2025

Faster sales not only allow us to help more clients each year, they also help alleviate some of the stress and anxiety that come with a commission-only career. So be sure to price your listings at market value or even slightly below; this will drive buyer interest and result in a faster sale. Who are these motivated clients?

Closing 252

Closing Pre-approval Pre-qualification Agents 252

Housing Wire

FEBRUARY 19, 2025

Secure a mortgage pre-approval As a rule of thumb, its best to have your clients obtain a mortgage pre-approval prior to setting up any searches and conducting property tours. Required documentation Save your clients some time by providing them with a list of the documents theyll need to get pre-approved.

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Closing Earnest money deposit Due diligence Pre-approval 307

Keeping Current Matters

NOVEMBER 17, 2020

However, one challenge for the housing industry heading into this winter is the dwindling number of homes available for sale. According to NAR : “Months’ supply refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.”. Be patient during your home search.

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Sales Pre-approval Industrial Mortgages 317

Housing Wire

MAY 8, 2025

Examples of a breach of fiduciary duty, according to Perigon Legal , a Georgia-based law firm, include things like declining or accepting an offer without the clients advice, permission, or approval, or receiving a bonus or other payment related to the sale of a property without disclosing it to the client.

MLS 248

MLS Pre-approval Brokerage Agents 248

Housing Wire

NOVEMBER 20, 2023

Under current guidelines, sellers pay a 5-6% commission on a sale which is split between the buyer and listing agents. In order to survive, buyer agents will need to show this value to buyers and be willing to have clients pay a set fee or a pre-negotiated percentage of the sale price to secure the business.

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Pre-approval Agents Loan Officer Seller concession 456

Keeping Current Matters

AUGUST 31, 2020

With so few houses for sale today and low mortgage rates driving buyer activity, bidding wars are becoming more common. Multiple-offer scenarios are heating up, so it’s important to get pre-approved before you start your search. Buyers who are pre-approved are definitely a step ahead when it’s time to make an offer.

Pre-approval 341

Pre-approval Sales Mortgages As-is 341

Housing Wire

SEPTEMBER 2, 2022

has unveiled the latest version of its proprietary artificial-intelligence (AI) platform, called Morgan, which enables the lender to convert pre-approved, property-specific home loans into tradable non-fungible tokens (NFTs). Loan originator and servicer Sun West Mortgage Co.

Technology 90

Technology Earnest money deposit Loans Pre-approval 90

Housing Wire

MARCH 30, 2021

At HousingWire’s 2021 Annual Spring Summit, CreditXpert VP of Sales and Client Success Matt Hydrew and T odd Worthington , director of qualification support at Bank of England, discussed top-of-the-funnel strategies lenders can use to help borrowers gain a better understanding of their credit score. Or, give up looking altogether.

Pre-qualification 441

Pre-qualification Debt-to-income ratio Pre-approval Loan Officer 441

Housing Wire

JANUARY 31, 2023

Even if I write seven pre-approvals a day, when there is one house and there’s 20 people that want to buy the same house, we still can’t do a lot of deals,” Marquis said. I know that sounds crazy, but we have a lot of clients reaching out for pre-approvals. But [production] levels are not pre-pandemic.

Loans 394

Loans Pre-approval Closing Marketing 394

Housing Wire

SEPTEMBER 21, 2023

The PowerVP app will create new loans; invite customers to complete a digital mortgage; send a one-click conditional approval letter; lock in rates ; obtain real-time pricing and run a credit report, the company said in a release. It’s now entirely possible for us to qualify buyers for their dream home by the time they leave the open house.

Pre-approval 410

Pre-approval Loans Finance Mortgages 410

Housing Wire

JANUARY 31, 2025

Just a few years later, I was breaking sales records, and at age 27, I was on the cover of Realtor Magazines 30 Under 30. of Regulatory Agencies or DORA) requires all students to complete an approved course of study totaling 168 class hours. Little did I know this class would change the entire trajectory of my life.

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Pre-approval Brokerage Due diligence As-is 279

Housing Wire

APRIL 12, 2024

The median sale price was $378,250, up 4.5% starter home, up 8% from a year ago and up nearly 100% from pre-pandemic figures, Redfin reported. Redfin commissioned Qualtrics to survey 3,000 U.S. residents, including about 1,000 renters, in February 2024. During the four weeks ending April 7, the median monthly U.S.

Pre-approval 458

Pre-approval Equity Mortgages Sales 458

Keeping Current Matters

DECEMBER 1, 2021

Pre-Approval: the Best Opening Play To Make as a Homebuyer. And the best move you can make when you begin your home search is getting pre-approved by a lender. You’ve probably already heard this is an important step, but what exactly is pre-approval and what benefits does it provide you? Bottom Line.

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Pre-approval Marketing Loan Officer Lending 292

Housing Wire

DECEMBER 13, 2024

While buyback volumes remain well below their 2022 peak, they are still elevated compared to pre- pandemic levels. The added cost pours salt in the wound for credit unions, banks, and independent mortgage bankers , who are already recording average pre-tax losses of $534 per loan origination.

Pre-approval 366

Pre-approval Investor Loans Technology 366

Housing Wire

FEBRUARY 1, 2023

Opportunity for buyers For buyers looking at a growing number of homes for sale and retreating prices across the housing market, there is hope that this year will offer more opportunities. Existing home sales declined over the past 12 months, dropping from an annualized rate of 6.5 That marks the slowest pace since 2010.

Pre-approval 397

Pre-approval Mortgages Banks Investor 397

Housing Wire

APRIL 21, 2025

Gigliotti has more than 20 years of experience in the mortgage lending and fintech realms, and he will oversee the company’s revenue, sales and marketing strategies. This has added up to tens of thousands of dollars per monthly in operational cost savings, sales volume capacity increases of up to 300%, and time savings of 3.5

Pre-approval 248

Pre-approval Lending Banks Technology 248

Housing Wire

MARCH 29, 2023

“Purchase applications remain over 30% behind last year’s pace, but recent increases, along with data from other sources showing an uptick in home sales, is a welcome development.” New home sales also climbed in February for the third straight month, according to the U.S. February’s new home sales showed an uptick of 1.1%

Mortgages 410

Mortgages Pre-approval Banks Loan Officer 410

Housing Wire

OCTOBER 22, 2023

Texas residents interested in becoming a real estate agent must first complete 180 hours of approved coursework to be eligible to sit the state licensure exam. Additionally, a Texas real estate sales agent must be sponsored by a licensed broker in order to perform any real estate services on behalf of their clients. How much exactly?

Pre-approval 409

Pre-approval Pre-qualification Brokerage Agents 409

Housing Wire

FEBRUARY 23, 2023

LenderLogix, a provider of mortgage automation software and application programming interfaces (APIs), has launched LiteSpeed, a white-label streamlined point-of-sale (POS) system that serves small- to mid-sized mortgage lenders. The company was featured in HousingWire’s Tech 100 in 2022.

Pre-approval 360

Pre-approval Loans Closing costs Branding 360

Housing Wire

NOVEMBER 30, 2021

To address these lender needs, Black Knight developed Borrower Digital – a point-of-sale solution that delivers a single, fully integrated and customer-facing mortgage loan application solution.

Loans 368

Loans Pre-approval Loan Officer Mortgages 368

Housing Wire

NOVEMBER 30, 2022

Borrower Digital is Black Knight’s point-of-sale (POS) solution that is built using responsive-design to be used easily from any web-enabled device. Borrower Digital is further enhanced with Black Knight’s companion solution Loan Officer Digital.

Loan Officer 409

Loan Officer Pre-approval Technology Loans 409

Housing Wire

OCTOBER 1, 2024

Pre-CTC review processes : In a proactive shift, some lenders are moving their QC efforts earlier in the loan process, conducting pre-clear-to-close (CTC) reviews. One critical shift is the adoption of pre-funding QC reviews. This year, we’ve implemented a new pre-close audit before our underwriters finalize the loan.

Loans 392

Loans Pre-approval Marketing Staging 392

Housing Wire

NOVEMBER 18, 2022

A sale of TitlePoint is expected ahead of Black Knight’s planned blockbuster acquisition by Intercontinental Exchange , Inc. . The pending sale is a result of a 2014 agreement that allowed FNF to repurchase TitlePoint in the event of a change in control of Black Knight. “In billion, down from $2.9

Title 410

Title Pre-approval Investor Mortgages 410

HomeLight

OCTOBER 28, 2024

A quick turnover can signal strong demand, potentially leading to a faster sale at a favorable price. You can check real estate websites or consult with a local agent to get an idea of average days on market and recent sale prices. You can also view other homes for sale in your neighborhood. (As What is the 5-year rule?

Pre-approval 110

Pre-approval Debt-to-income ratio Equity Loans 110

Keeping Current Matters

SEPTEMBER 15, 2021

Multi-offer scenarios and bidding wars are the norm due to the low supply of houses for sale and high buyer demand. The best way to understand your numbers is to work with a lender so you can get pre-approved for a loan. Speed and the pace of sales are contributing factors to today’s competitive housing market.

Inspection contingency 327

Inspection contingency Pre-approval Inspection Agents 327

Keeping Current Matters

NOVEMBER 30, 2020

The best way to know this is to reach out to your lender to get pre-approved for a loan early in the homebuying process. Only 44% of today’s prospective homebuyers are planning to apply for pre-approval, so be sure to take this step so you stand out from the crowd. Be a Flexible Negotiator.

Inspection contingency 343

Inspection contingency Pre-approval Inspection Staging 343

Keeping Current Matters

MARCH 15, 2021

The best way to know this is to get pre-approved for a loan early in the homebuying process. Only 44% of today’s prospective homebuyers are planning to apply for pre-approval, so be sure to take this step so you stand out from the crowd. Stay Flexible in Negotiations.

Inspection contingency 336

Inspection contingency Pre-approval Inspection Staging 336

Housing Wire

SEPTEMBER 30, 2021

Originators can even order credit, run pricing, send pre-approvals, sign disclosures, and execute closings all on the go with full integration with their loan origination system (LOS). Nexus Origination features bi-directional data sync and automatic data push to a lender’s LOS for added time savings and information integrity.

Pre-approval 383

Pre-approval Loans Staging Closing 383

Housing Wire

FEBRUARY 10, 2022

The ‘housing super app,’ according to investor slides filed with the Securities and Exchange Commission, will provide mortgage pre-approval, “immersive shopping,” facilitate in-person touring, and home financing. Barton also declared Zillow would be “cash flow positive” after completing the sales. Presently, Zillow reports $3.1

Pre-approval 397

Pre-approval Mortgages Agents Finance 397

Housing Wire

JUNE 24, 2021

The new features not only answer what someone’s home is worth, it also presents estimates of how much equity the homeowners have, ideas and tips of what they can do with that equity, and how they can get pre-approved to tap into their equity. For more information, visit getbuyside.com or email sales@getbuyside.com.

Pre-approval 375

Pre-approval Equity Loan Officer Brokerage 375

Keeping Current Matters

SEPTEMBER 30, 2020

There Are Not Enough Homes for Sale. In the latest Existing Home Sales Report , the National Association of Realtors (NAR) announced that there were only 1.49 million units available for sale. This means in the majority of the country, there aren’t enough homes for sale to satisfy the number of buyers. from one year ago.

Pre-approval 348

Pre-approval Finance Sales Loans 348

Housing Wire

JUNE 9, 2025

Instead of asking, “Tell me about the housing market,” ask, “Can you provide recent sales data for single-family homes in the 90210 ZIP code?” For instance, ask, “What are the most important factors to consider when pricing a property for sale?” Get as much substance and detail as you can.

Branding 408

Branding Title Agents As-is 408

Marco Santarelli

MARCH 22, 2025

The National Association of Realtors (NAR) has adjusted its housing market forecast for 2025 , now anticipating existing-home sales to reach 4.3 NAR Cuts 2025 Housing Market Forecast: Home Sales to Hit 4.3 Back in late 2024, NAR was pretty confident, forecasting existing-home sales to hit 4.9 million in 2025. So what happened?

Sales 105

Sales Marketing Pre-approval Mortgages 105