Housing Wire

OCTOBER 14, 2022

Mortgage professionals are no exception – whether you find yourself tweeting for work or in your free time, you may also want to follow accounts for people and organizations that are relevant to the industry in order to stay up-to-date on the latest news about the housing market. She was also named a 2021 HousingWire Woman of Influence.

Marketing 479

Marketing Finance Industrial Mortgages 479

Housing Wire

MARCH 24, 2022

Properties located in special flood hazard areas must have national flood insurance program coverage. The watchdog report said that out of nearly 8.3 billion [will be put] to better use by avoiding potential future costs to the FHA insurance fund from inadequately insured properties,” the report said.

Mortgages 384

Mortgages Loans Development Closing 384

Housing Wire

DECEMBER 12, 2023

Fannie Mae conducted an online survey in late 2022 among a national panel sample whose addresses were in or near a Federal Emergency Management Agency ( FEMA ) defined flood zone. Many respondents also noticed increases to their homeowners’ insurance premiums, with about 20% reporting the premium increase to be “significant.”

As-is 421

As-is Design Industrial Agents 421

Housing Wire

APRIL 9, 2024

For example, since home appraisals consider trends in past property values, BIPOC neighborhoods may be considered “risky” due to historic segregation and the cumulative effects of chronic underinvestment. Total Mortgage Volume Forecast, multicultural households will account for about $2.2 According to iEmergent’s U.S.

Lending 414

Lending Banks Mortgages Loan Officer 414

Housing Wire

SEPTEMBER 7, 2023

Use these seven strategies to avoid overpaying taxes, save money, and better manage your business. Identify business deductions Every business has ordinary and necessary costs, such as office equipment, marketing , accounting, and insurance , that are tax-deductible. The benefit depends on how much you contribute and your account type.

Agents 397

Agents As-is Mortgages Marketing 397

Housing Wire

FEBRUARY 9, 2021

Matterport, a spatial data firm that makes software for virtual property tours , will merge with a special purpose acquisition company (SPAC) led by billionaire investor Alec Gores. “We and accounts managed by Blackstone Group. ” Bloomberg first reported the news. Matterport had revenue of $85.9

Equity 458

Equity Investor Technology Industrial 458

Housing Wire

MARCH 31, 2022

That started with Qualia Core, a cloud-based workflow, accounting and reporting product that leading title and escrow companies around the country now use for automating their title production, as well as managing closings all the way through signing. This way, other industry participants and point solutions can plug in.

Title 377

Title Title search Closing Mortgages 377

Housing Wire

APRIL 12, 2023

In the case of the real estate company, a spoofed email that purported to be from a real estate agent at the company directed a closing attorney to wire $154,000 in home-purchase funds to a bank account controlled by the fraudsters. bank accounts to various locations in West Africa via wire transfers.

Industrial 384

Industrial Banks Title Technology 384

Housing Wire

JUNE 6, 2023

Four lawsuits filed in New York and California are part of the settlement, which names Sprout, its affiliated company Recovco Mortgage Management LLC , and former top executives, including its founder Michael Strauss , as defendants. Strauss is reportedly trying to sell a property at 610 Park Avenue in New York for $22.5

Mortgages 364

Mortgages Investor Closing Loans 364

Housing Wire

OCTOBER 16, 2023

In August, Zillow ‘s 2023 Consumer Housing Trends Report proclaimed that half of all homebuyers are purchasing their first home, the highest share that Zillow has ever recorded. Credit repair and management tactics A healthy credit score secures a favorable mortgage rate. The win, essentially, is the strategy.

Agents 410

Agents Seller concession Closing costs Mortgages 410

Housing Wire

JUNE 22, 2021

Now, more than ever, lenders need a solution that creates more efficiencies so they can better manage high volumes. For example, loans with the highest AI Score, usually about 10% of total application volume, account for 50% or more of total fraud risk. That’s more than 7 billion recorded documents.

Title 397

Title Title search Loans Mortgages 397

Housing Wire

AUGUST 15, 2022

The Federal Reserve Bank of New York ’s second-quarter 2022 Household Debt and Credit Report shows that limits on HELOCs jumped by $18 billion in the second quarter of this year, “the first substantial increase in HELOC limits since 2011,” and an indicator of an increase in new originations. billion in 2021 to $4.6 trillion year over year.

Equity 432

Equity Lending Fixed-rate mortgage Loans 432

Housing Wire

JANUARY 24, 2022

billion hit the market in the first two weeks of 2022, HousingWire reported last week , but that’s already old news. The RMBS tally as of now, then, based on a review of bond-rating reports, is as follows: Five private-label jumbo-loan deals backed by some 3,700 mortgages valued at $3.3 billion have unfolded.

Loans 368

Loans Lending Mortgages Finance 368

Housing Wire

JUNE 7, 2022

From mortgage origination to servicing, companies are constantly grappling with high volume and stringent regulatory oversight while managing a large cohort of vendor partners. Current LOS and servicing software can place orders and receive reports quite well, but they do a very poor job of managing the process in between those events.

Lending 362

Lending Mortgages HR Title 362

Housing Wire

FEBRUARY 27, 2024

SmartZip’s analytics are based on over 250 data points related to the properties and homeowners in your target market. You choose your territory (by neighborhood or zip code), and SmartZip activates your account. As a result, ranges vary, but many agents report an average spend of over $1,000 per month on qualified leads.

Branding 430

Branding Land Brokerage Agents 430

Housing Wire

JANUARY 3, 2022

Appraisal management company Clear Capital , in the latest effort to revamp the appraisal process, hopes to automate property photo reviews to ensure data and photo consistency with its photo review product , ClearPhoto. According to a recently published study by the U.S.

Technology 431

Technology Inspection Loans Residential 431

Housing Wire

FEBRUARY 8, 2022

There were risks, FHFA wrote, because a ”uniform regulatory framework does not exist at both the state and federal levels that holds non-appraisers accountable for their work on appraisals.” A recent federally commissioned report further detailed the appraisal industry’s dysfunctional regulatory regime.

Loans 370

Loans Principal Mortgages Industrial 370

Housing Wire

OCTOBER 9, 2023

The actual professionals who many states call “brokers,” however, are called “managing brokers” in Illinois. You can rent and sell property, but you must be sponsored by a managing broker, who you will work under for two years. After two years, you are free to pursue your managing broker license if you so choose.

Agents 421

Agents Pre-approval Brokerage Pre-qualification 421

Housing Wire

FEBRUARY 3, 2021

The federal government said Lajewski masterminded the scheme and brought along Siekowski, Bobrowicz and Bukowski to make false representations that caused buyers of Lajewski’s properties on the South Side of Chicago to fraudulently obtain mortgages from various lenders. Presented by: FundingShield. year-over-year nationally.

Mortgages 397

Mortgages Loans Banks Lending 397

Housing Wire

APRIL 30, 2022

While many stakeholders look to algorithms and third-party property inspectors, Opteon takes a different approach. By equipping experienced appraisers with a holistically engineered ecosystem of technology, process and data management, they merge AI and human expertise. Value and marketability are not purely a math equation.”.

Technology 370

Technology Industrial Marketing As-is 370

Housing Wire

JULY 6, 2023

New-home sales are up 20% year over year as of May 2023 while sales of existing homes are down by the same level, resulting in new-home sales accounting for some 30% of total housing inventory. The number of empty, abandoned properties in foreclosure — so-called zombie properties — was also up, 16% annually, to about 8,800,” he added.

Renovation 466

Renovation Sales Investor Mortgages 466

Housing Wire

JANUARY 27, 2022

A report published by the Government Accountability Office in July 2021, found that as of August 2020, FEMA’s debt was $20.5 But the key ideological difference is that Fannie Mae wants the federal government to establish laws mandating flood-risk disclosures at the time of the property sale. Two of the most powerful U.S.

Brokerage 384

Brokerage Mortgages Design As-is 384

Real Trends

APRIL 11, 2023

Thanks to advancements in technology, the property management industry has undergone a significant transformation. With the growing demand for property management services, tech has played a vital role in streamlining various processes in the industry. One is the rise of virtual reality and augmented reality.

Property Management 86

Property Management Technology Industrial Inspection 86

Housing Wire

DECEMBER 16, 2021

A recent report by the Kroll Bond Rating Agency , however, raises a yellow flag about current loan-review practices in the private-label market that requires examination of the sausage-making. KBRA reports that sampling, although in use to some degree for years, exploded in 2021.

Due diligence 397

Due diligence Loans Investor Mortgages 397

Housing Wire

JUNE 11, 2021

A home inspector, hired and paid by the buyer typically, will look at the plumbing, electricity and the overall foundation of the home and then provide a report with their findings. Depending on what the inspector discovers, the inspection report may create an opportunity for negotiation on features that need to be repaired or replaced.

Inspection 432

Inspection Closing Closing costs Title search 432

GeekEstate

OCTOBER 20, 2022

From marketing properties online to automating rental payments to screening tenants and more, TurboTenant centralizes tools to simplify finding and retaining tenants for independent landlords, real estate investors, and property managers. The ever-evolving rental world can be daunting for the DIY landlord. Learn More.

Property Management 125

Property Management Investor As-is Marketing 125

Housing Wire

MARCH 26, 2024

While the person sits back and watches the value of their house climb to levels that have never been seen before, they are still struggling to get back to their pre-pandemic income level while also having to pay more for homeowner’s insurance and property taxes, not to mention the fact that all of their other bills have increased as well.

Equity 432

Equity Loans Bankruptcy New Construction 432

Housing Wire

MARCH 3, 2022

“People used to talk about Compass all the time,” said Jonathan Miller, a real estate appraiser at Miller Samuel , who compiles housing market reports for Douglas Elliman , a Compass rival. The real estate brokerage unveiled its first annual report Monday, a federally required document for any public company. And there’s a $21.3

Brokerage 370

Brokerage Principal Agents Staging 370

Realty Biz

SEPTEMBER 18, 2023

This legal document enables someone to handle property matters on behalf of another person when the principal cannot manage real estate affairs or deal with transactions from a distance. An appointed agent assumes responsibility and can decide on properties, finances, and legal matters.

Principal 114

Principal Property Management Title Inspection 114

Marco Santarelli

OCTOBER 7, 2023

Improving your FICO® credit score is a gradual process that demands patience and diligent financial management. Smart Management of New Accounts: Avoid opening unnecessary accounts: Opening new accounts for the sole purpose of improving your credit profile is not advisable.

Loans 98

Loans Finance Mortgages As-is 98

GeekEstate

JULY 30, 2021

One key way to future-proof your property management business is to use the right technology. Is it time to explore new property management technologies? . If growing your property management business is your ultimate goal, finding ways to save both money and time are critical.

Property Management 142

Property Management Technology Inspection Closing 142

Housing Wire

FEBRUARY 9, 2021

Its new “Mega Elite” non-QM and debt service coverage ratio product lineup includes alternative income documentation products such as its three- and 12-month bank statement products, CPA and borrower prepared P&L and asset utilization, and its investment properties debt service coverage ratio with 1:1 and no ratio options.

Lending 370

Lending Loans Investor Mortgages 370

Realty Biz

APRIL 19, 2023

Real estate software has revolutionized the way that real estate professionals manage their businesses, making it easier than ever to find and manage properties, connect with clients, and streamline day-to-day operations. This type of software can help with social media management, email marketing, and advertising.

Property Management 72

Property Management Investor Design Finance 72

Housing Wire

MAY 26, 2023

In January, a report from wire fraud prevention firm CertifID in conjunction with the U.S. In a vacant lot or seller impersonation scam, public records are searched to identify real estate that is free of mortgage or other liens, as well as the identity of the property owner. Oftentimes this leads to the discovery of vacant lots.

Title 384

Title Land Due diligence Sales 384

Housing Wire

APRIL 14, 2022

Long-term, however, they agree the market will work through the changes and likely wind up better off, assuming the Fed’s so-called quantitative tightening strategy manages to tame runaway inflation and chases off its close cousin, a recession. “It As of January 2022, Fannie’s asset portfolio stood at $108.5 in 2009 to 1.9%

Marketing 410

Marketing Purchase and sale agreement Investor Banks 410

Realty Biz

JUNE 6, 2022

Did you know that over 14 million individual investors own between one and four rental property units? Managing properties is by no means an easy task. For landlords who own multiple properties, taking care of them can feel like a job all by itself. This makes listing your property very time-consuming.

Property Management 80

Property Management Investor Closing Technology 80

Housing Wire

MARCH 29, 2023

Homeowners collectively nationwide now have more than $10 trillion in tappable equity (equity beyond a 20% cushion) tied up in their properties, according to the Black Knight Mortgage Monitor. Rocket originated 47% of the CES loans for the deal, with CES loans accounting for 69% of the total collateral pool by count.

Equity 384

Equity Lending Loans Banks 384