Housing Wire

NOVEMBER 28, 2023

The settlement resolves cybersecurity violations made by First American relating to the breach and exposure of consumers’ non-public information. As such, the DFS said that EaglePro did not have strong enough access controls, which would have prevented unauthorized users from gaining access to clients’ non-public data.

Title 360

Title Industrial 360

Housing Wire

OCTOBER 11, 2023

The alarming data underscores why housing professionals need to understand the financial impact of climate change on the real estate industry, George Gallagher, senior leader and principal of ESG, climate risk, natural hazard and spatial solutions at CoreLogic told attendees during a session at HousingWire Annual on Wednesday.

Principal 417

Principal Loans Investor Industrial 417

Housing Wire

NOVEMBER 28, 2023

Fidelity notified the public of the cybersecurity breach last Tuesday in a filing with the Securities and Exchange Commission.

Title 425

Title Technology Industrial Mortgages 425

Housing Wire

MAY 16, 2024

” “As a result, a broker will no longer need to work with a title company or settlement agent for title work, balancing fees, scheduling the closing, or any related communication when they use TRAC+,” the company said in a prepared statement. ” Ishbia previously acquired the Phoenix Suns and Phoenix Mercury.

Title 395

Title Loans Mortgages Closing 395

Housing Wire

JUNE 29, 2023

Refer to public record data to determine the authenticity of supporting documents contained in the loan file.” For lenders who suspect that they may have clients attempting to perpetrate the scheme, Fannie Mae recommends documenting all applicable details.

Mortgages 376

Mortgages Loans Banks Design 376

Housing Wire

OCTOBER 25, 2023

The GTOs require title companies to identify the people behind shell companies used in all-cash purchases of residential real estate. real estate market to launder money. For that reason, Treasury is committed to developing a solution to increase the transparency in the domestic real estate market.”

Sales 376

Sales Title Residential Development 376

Housing Wire

NOVEMBER 9, 2023

With the NAR playing a pivotal role in shaping the industry’s landscape, there are many opinions on what this new commission rule means — or doesn’t mean — for the legal issues NAR is currently facing in the public. NAR’s approach exhibits a lack of emphasis on making real estate agents substantially better at what they do.

Agents 384

Agents Industrial Development MLS 384

Housing Wire

DECEMBER 22, 2023

Entering the real estate finance world in the summer of 2022 as a 23-year-old, I immediately felt like a fish out of water. Attending industry-related conferences and visiting clients, I was typically the only person in the room under the age of 30. So, what does this mean for the world of real estate finance?

Branding 422

Branding Technology Finance Industrial 422

Housing Wire

JANUARY 1, 2024

1, 2024, is accepting beneficial-ownership information reports from existing and newly created companies, a mandate that applies to many real estate-related entities. The Financial Crimes Enforcement Network (FinCEN) as of Jan. FinCEN, part of the U.S.

Finance 337

Finance As-is 337

Housing Wire

AUGUST 11, 2023

The rule, which department officials first said they planned to implement in 2021, would require real estate professionals, such as title insurers, to report the identities of beneficial owners buying real estate in cash to FinCEN. real estate. billion was laundered through U.S.

Title 342

Title Land Residential Industrial 342

Housing Wire

APRIL 2, 2024

Agents are the lifeblood of real estate brokerages. 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. Data certainly abounds in real estate.

Agents 315

Agents Brokerage MLS Technology 315

Housing Wire

FEBRUARY 8, 2024

As a real estate agent, you may think clients should care more about their next home than your life story. And while that may be true, well-crafted real estate agent bios can build trust and credibility and serve as a powerful tool in an agent’s marketing arsenal — giving prospective clients.

Agents 387

Agents Construction Design Branding 387

Housing Wire

NOVEMBER 30, 2023

Fidelity initially notified the public two days after the attack, revealing the firm experienced disruptions to title insurance, escrow and other title-related services, as well as mortgage transactions and technology for the real estate and mortgage industries.

Title 403

Title Technology Mortgages Industrial 403

Housing Wire

OCTOBER 28, 2022

This panel will explore the power of mentorship and allies among women within lending and real estate and the benefits that these relationships can have for both junior-level and executive women in the industry. How can this relationship help support emerging leaders and balance out a male-driven industry?

Lending 375

Lending Industrial Mortgages Marketing 375

Housing Wire

OCTOBER 6, 2023

Like Anywhere Real Estate Friday morning, the terms of RE/MAX’s $55 million settlement with plaintiffs in two bombshell buyer commission lawsuits have been made public. RE/MAX brokerages and affiliates from any claims related to these lawsuits. It Final court approval of the settlement is expected in early 2024.

MLS 477

MLS Brokerage Agents Development 477

Housing Wire

JULY 6, 2023

In June, the digital mortgage lender decided to shift its real estate strategy , pivoting to a partner agent model where Better.com will partner with outside agents as referral partners. About 90 employees worked in Better Plus business lines as of June 8, primarily as real estate and insurance agents. in Q1 2022.

Loans 367

Loans Mortgages Agents Brokerage 367

Housing Wire

MARCH 9, 2023

The Federal Housing Administration ( FHA ) announced this week that a final rule related to an increased 40-year loan modification term has been published in the Federal Register. The FHA permitted public comment from stakeholders between April 1 and May 31, 2022, and it credits the input for the decision to move forward with the new policy.

Loans 369

Loans Real-estate owned Mortgages Development 369

Housing Wire

JANUARY 22, 2024

mortgage lender informed customers and the wider public of the cyberattack that brought its systems down through a filing with the Securities and Exchange Commission (SEC) on Jan. ” The top-15 U.S. It indicated the date of the earliest event was Jan. ” She believes it could be attributed to the data breach.

Equity 388

Equity Technology Mortgages Industrial 388

Housing Wire

DECEMBER 6, 2023

Real estate transactions are rarely stress-free. This holds true for many of the most challenging situations in real estate. Public relations crises. Think about real estate professionals who thrived during the pandemic , compared to those who struggled. Natural disasters. Legal disputes.

Due diligence 397

Due diligence Technology Commercial Property Management 397

Housing Wire

JANUARY 18, 2024

With the fourth quarter traditionally being the highest risk quarter of the year for fraud, 2023 was no exception with higher-than-average findings across wire related issues. These intentional acts of cybercrime create financial losses within impacted firms but also threaten the enterprise valuations of listed public firms.

Title 420

Title Banks Loans Closing 420

Housing Wire

APRIL 22, 2024

As an introverted real estate agent and coach, I know firsthand how challenging networking can be. But we know that real estate (or any sales industry) requires lots of talking to people, relationship-building, and networking. Pro tip: It doesn’t have to be a real call! Not to worry, though.

Agents 358

Agents Industrial As-is Development 358

Housing Wire

JANUARY 14, 2022

HomeSmart is a growing real estate brokerage that may go public, but the company faces questions about its business model and the compensation of founder and CEO Matt Widdows. HomeSmart has yet to give itself a valuation or declare how much money it seeks to raise in a public offering. HomeSmart posted a $7.1

Brokerage 405

Brokerage Loan Officer Banks Agents 405

Housing Wire

SEPTEMBER 5, 2023

Real estate professionals can help by hosting educational workshops to help make the transaction easier. Find your audience Not every real estate transaction is the same because not all buyers and sellers are the same. Real estate transactions involve a variety of professionals, each experts in their field.

Investor 413

Investor Closing Mortgages As-is 413

Housing Wire

OCTOBER 11, 2023

As Megan Hernandez, ALTA’s director of marketing and public relations put it, “he was due for a glow up.” “We In the end no one wanted the title insurance waiver program, but it allowed us a chance to really articulate our value in the real estate transaction to several regulators.”

Title 395

Title Land Branding Industrial 395

Housing Wire

FEBRUARY 9, 2021

Venture capital-backed real estate technology firm Matterport will merge with a blank-check company and go public in a deal that values the startup at $2.3 The Matterport deal represents the seventh SPAC merger for Gores, and second real estate-related independent public offering.

Equity 448

Equity Investor Technology Industrial 448

Housing Wire

MARCH 20, 2024

Those too young to remember the wild west of real estate believe that real estate commissions have always been evenly split between seller’s and buyer’s agents, with each receiving a portion of the sale price. Yet, the complexity of real estate transactions lies beyond the initial online search.

Debt-to-income ratio 471

Debt-to-income ratio Agents Equity Closing costs 471

Housing Wire

MAY 9, 2024

After months of uncertainty, the real estate industry has a reason to celebrate, at least a little bit. In addition to RE/MAX, Anywhere and Keller Williams, NAR, Douglas Elliman , Realty One Group , At World Properties, Compass , HomeServices of America and The Real Brokerage, have also reached settlement agreements.

Brokerage 381

Brokerage MLS Agents As-is 381

Housing Wire

MARCH 12, 2024

But this cutback could have been even larger if loanDepot hadn’t had a $27 million expense related to restructuring charges, impairments and accruals related to the expected settlement of outstanding litigation. Expenses, meanwhile, decreased by 36% to $1.25 billion in 2023. Through Feb.

Principal 357

Principal Mortgages Equity Technology 357

Housing Wire

NOVEMBER 16, 2023

I relate, as much of my life and career has been spent in the public eye. For me, running a brokerage , handling complex real estate deals, negotiating contracts and navigating the dynamic landscape of high-stakes transactions are all in a day’s work. The discomfort zone is the growth zone. Your team is everything.

Staging 386

Staging Brokerage Branding Technology 386

Housing Wire

OCTOBER 6, 2023

After roughly a month of speculation, Anywhere Real Estate and RE/MAX made the terms of their proposed settlement agreements in the Moehrl and Sitzer/Burnett buyer broker compensation class action suits public on Friday. In addition to the already publicized $83.5 In the Sept. The $55 million is… laughably small.

Industrial 377

Industrial MLS Brokerage Agents 377

Housing Wire

JULY 22, 2022

Women are not only dominating in the mortgage and real estate industry, but also they are making room at the table for a new generation of women to do the same. These four women regularly meet to share wisdom and have raw and real conversations around what’s happening in their personal and professional lives.

Lending 403

Lending Staging Industrial Development 403

Housing Wire

DECEMBER 16, 2022

For most real estate industry professionals, title insurance needs no introduction. A trusted product , title insurance has been used to protect real estate transactions and property rights for over a century. Diane Tomb, ALTA CEO Contributor. There is a difference between a homeowner’s policy and a lender’s policy.

Title 464

Title Title search Closing costs Closing 464

Housing Wire

FEBRUARY 7, 2022

Amid protests set off by George Floyd’s death, Fannie Mae ’s CEO issued a public statement about its commitment to racial equity. Lisa Rice, president of the National Fair Housing Alliance , saw the statement and reached out to Frater to remind him of a related issue: a lawsuit the fair housing outfit had filed against Fannie Mae in 2016.

Equity 378

Equity Inspection Real-estate owned Residential 378

Housing Wire

FEBRUARY 27, 2024

Although Compass failed to achieve its much publicized goal of being free cash-flow positive in 2023, brokerage executives were still positive about the company’s performance over the past year. Eventually the real estate market will get to more levels of transactions in the mid-cycle.”

Brokerage 354

Brokerage Investor Technology Agents 354

Housing Wire

AUGUST 28, 2023

Better is focused on originating profitable business while pulling back from unprofitable channels, which resulted in the company shutting down its real estate arm and laying off employees in June. Better — which went public after merging with special purpose acquisition company (SPAC) Aurora Acquisition Corp.

Purchase and sale agreement 337

Purchase and sale agreement Loans Banks Finance 337

Housing Wire

DECEMBER 26, 2023

It could be difficult for some folks to maintain profitability or even achieve profitability because there is some level of fixed costs to doing business, especially if home sales remain depressed and you have a situation where the commission rates come down,” Anthony Paolone, a real estate senior analyst at J.P. Morgan , said.

Brokerage 427

Brokerage Mortgages Agents Industrial 427

Housing Wire

JUNE 21, 2023

At the top of the list of housing issues the Bureau will aim to address is a rule related to automated valuation models (AVMs). Department of Housing and Urban Development (HUD), the regulator’s agenda will address issues relevant to the housing industry.

Staging 320

Staging Finance Lending Development 320