Housing Wire

APRIL 16, 2024

The data spanning from 2009 to 2023 reveals a notable correlation between the total real estate transactions in the USA, termed national transactions , and the movement of agents between brokerages. Leading with tailored support and value propositions can set brokerages apart in the competitive recruitment landscape.

Industrial 425

Industrial Agents Brokerage Sales 425

Housing Wire

FEBRUARY 22, 2024

We believe that these long-term investments coupled with thoughtful near-term expense management will improve our structure and financial performance in the long term.” He also noted that the firm was grateful for the support and patience of agents, customers and other industry participants during the cybersecurity incident.

Title 376

Title Marketing Investor Commercial 376

Housing Wire

FEBRUARY 1, 2024

UD: We’ve been using AI for a while now in terms of predictive modeling and we have a really sophisticated platform for document classification and extraction of data and so on, that is performing very, very well at scale. Generative AI is obviously a huge milestone in terms of the development of overall AI.

Technology 341

Technology Industrial Banks Agents 341

Housing Wire

JULY 18, 2023

In the fast-paced and demanding world of real estate , a happy and motivated team can be the key to long-term success. Such interactions help build stronger relationships, improve communication and foster a positive work culture where everyone feels valued and supported. Recognize and celebrate achievements.

Development 297

Development Construction Industrial Closing 297

Housing Wire

JANUARY 18, 2024

Originally piloted in 2017, Lifelong Laguna is a program that enlists a local area nonprofit to encourage support for aging in place. Lifelong Laguna is based on the Village movement , where aging in place is encouraged with community support,” the story reads.

As-is 383

As-is 383

Housing Wire

MARCH 28, 2024

They asked the federal officials to “provide guidance to market participants that will ensure these new arrangements will continue to be supported by” FHA and GSE underwriting standards. Sellers or buyers can pay the buyer’s agent’s fees.

VA loan 409

VA loan Closing costs MLS Loans 409

Housing Wire

JANUARY 17, 2024

retail residential mortgage applications. “Mortgage rates declined across all loan types as Treasury yields moved lower last week on incoming inflation data , which helped to support a rise in mortgage applications. The MBA survey, conducted weekly since 1990, covers over 75% of all U.S. ”

Mortgages 410

Mortgages Fixed-rate mortgage Loans Residential 410

Housing Wire

FEBRUARY 1, 2024

Khater added that the solid jobs market, income growth and household formation growth should provide strong fundamental support to the housing market in the months ahead. The Federal Reserve decided to leave its short-term policy interest rate unchanged during its meeting on Wednesday.

Mortgages 414

Mortgages Fixed-rate mortgage MLS Staging 414

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 rule allows mortgagees to increase the maximum term of an FHA-insured mortgage loan modification from 360 to 480 months following a default.

Loans 366

Loans Real-estate owned Mortgages Development 366

Housing Wire

AUGUST 8, 2023

It should also support users’ ability to deploy new loan products quickly as their strategies change. Lenders also need to optimize their secondary market interaction in terms of selling loans and finding best execution pathways, Sahi said. “[The Another thing to note when identifying the right PPE is the technology partner.

Technology 296

Technology Loan Officer Loans Commercial 296

Housing Wire

MARCH 16, 2023

Industry observers said that, at least in the short term, mortgage rate declines will support home prices but lead to a better outlook for the spring season. “Turbulence in the financial markets is putting significant downward pressure on rates, which should benefit borrowers in the short term.” by mid-week.

Banks 371

Banks Mortgages Fixed-rate mortgage Lending 371

Housing Wire

FEBRUARY 27, 2024

According to the deal announced Tuesday, Great Ajax will borrow $70 million in a one-year term loan agreement with one of Rithm’s subsidiaries. Great Ajax has entered into support and exchange agreements with certain institutional stockholders representing more than 40% of the shares of its common stock.

Commercial 324

Commercial Loans Mortgages As-is 324

Housing Wire

JANUARY 4, 2023

Guaranteed Rate’s HELOC is structured as a fixed-rate loan with term options of 5, 10, 15 or 30 years — and borrowers can take money from the line of credit for a draw period of two to five years, depending on the term selected. That same month, Guaranteed Rate also added home equity line of credit (HELOC) options for homeowners.

Finance 357

Finance Commercial Loans Title 357

Housing Wire

AUGUST 25, 2022

The terms of the deal were not disclosed. With the deal, Movement adds the brokerage’s more than $400 million in annual sales volume and 48 employees, including loans officers, support staff and executive members, to serve homebuyers and real estate agents in the Greater Boston Area. .

Brokerage 475

Brokerage Mortgages Loan Officer Loans 475

Housing Wire

DECEMBER 6, 2023

But as history has proven, although the market fluctuates in the short term, it reaches new heights in the long term. Address other important items, including relevant contact information for support professionals, such as legal counsel, insurance providers and emergency services. Practice patience as you move forward.

Due diligence 387

Due diligence Technology Commercial Property Management 387

Housing Wire

OCTOBER 19, 2022

Credit rating agency Fitch this week revised the long-term issuer default ratings (IDRs) for five nonbank residential mortgage lenders based on their financial performances in the first half of 2022. as of June 30, above the long-term average of 1.3x Fitch Ratings in October 2022 set negative outlooks for four nonbank mortgage lenders.

Mortgages 382

Mortgages Finance Loans Lending 382

Housing Wire

FEBRUARY 12, 2024

Instead, the statement of principles offers transparency into the examination process and supports risk-focused examination work.” The statement of principles should not be interpreted as new guidance to supervised institutions nor an increased focus on supervised institutions’ appraisal practices,” the announcement stated.

Lending 350

Lending Residential Design Title 350

Housing Wire

OCTOBER 22, 2020

And for us to play our role in all markets, good and bad, markets small and large, we have to do it safely and soundly with long-term risk management in mind. Freddie Mac CEO David Brickman struck a similar tone, saying that the GSEs have provided “extraordinary support” to the market. “Costs have changed, risks have changed.

Mortgages 536

Mortgages Principal Loans Banks 536

Housing Wire

MAY 1, 2023

The fact is that the FHFA is applying a form of risk-based pricing to the exercise based on their expectations of long-term performance of mortgages going forward. What lies behind the curve flattening seems to be the FHFA’s view on the long-term performance of mortgages. Therein lies some of the confusion.

Mortgages 390

Mortgages Commercial Development Loans 390

Housing Wire

SEPTEMBER 20, 2023

Compass described the move as a “partnership,” but the financial terms of the deal were not disclosed. This alliance enables us to continue delivering an intimate and highly localized service supported by the industry’s only end-to-end platform and a national agent network,” Penner said in a statement. In 2022, the firm recorded $1.25

Brokerage 338

Brokerage Agents Design Sales 338

Housing Wire

APRIL 9, 2024

Adjusting strategy is a slow process, but even long-term change can deliver positive short-term results. The true profit, however, is in the long term, and the sooner lenders begin to adapt, the closer the payoff gets. With the numbers in hand, lenders can also prove need and provide support for initiatives such as SPCPs.

Lending 320

Lending Banks Mortgages Loan Officer 320

Housing Wire

MARCH 12, 2024

The financial terms of the deal were not disclosed. OJO said Lever will function as a comprehensive support system for agents and called it the next-generation model of the OJO Select Network. “We The LEAD Syndicate was founded by Nikki Miller, who will join OJO in an undisclosed role.

Agents 323

Agents Industrial Branding Brokerage 323

Housing Wire

JUNE 5, 2023

DS: The growth of the channel has been significant, especially in terms of technology. DS: One of the biggest myths that an originator contends with when deciding to become an independent mortgage broker is that by going independent they won’t have the support they’d otherwise have by working at a retail lender.

Mortgages 343

Mortgages Lending Loan Officer Technology 343

Housing Wire

JANUARY 18, 2023

Another advantage of HECMs over HELOCs is that they are less risky in terms of repayment. The loan does not become due until the final borrower no longer lives in the home, but they must continue to meet loan terms and use the home as their primary residence. With a HECM, there is no deadline for paying back the loan.

Equity 395

Equity Loans Mortgages Design 395

Housing Wire

DECEMBER 7, 2023

“Our multichannel business model revolves around brokers’ best interests and allows us to work with them to support their own objectives.” The company also invests in its partners by offering training, marketing services, lead generation, and advice and expertise to help them build their business for long-term success.

Lending 291

Lending Banks Technology Mortgages 291

Housing Wire

NOVEMBER 17, 2023

“The rate reduction aligns with the company’s mission to support families on their journey to homeownership. The forgivable option for a Chenoa Fund DPA has a 30-year term with a 0% interest rate. The second mortgage requires a monthly payment.

Mortgages 368

Mortgages FHA loan Finance Loans 368

Housing Wire

OCTOBER 24, 2023

Establishing a “partnership team” provides support for day-to-day transactions and business development. It’s important to take the time to thoroughly evaluate potential partners, ensuring alignment with your values and long-term objectives. Remember that strategic partnerships serve as a cornerstone for success in real estate.

Staging 353

Staging Agents Development As-is 353

Housing Wire

SEPTEMBER 25, 2023

Data provider Curinos partnered with Polly , a software-as-service mortgage technology firm, aimed to support lenders’ effective margin decisions. “Our partnership will enable clients to seamlessly analyze their market position and support effective margin decisions without leaving their pricing engine.

MLS 290

MLS Technology Lending Mortgages 290

Housing Wire

OCTOBER 28, 2022

How can this relationship help support emerging leaders and balance out a male-driven industry? In what ways can those in the industry help to create an environment that sets women up for success and allows for a sustainable, long-term career? Watch the full session below.

Lending 353

Lending Industrial Mortgages Marketing 353

Housing Wire

FEBRUARY 6, 2024

Finance of America Companies (FOA), which had previously borrowed $60 million from longtime backer Blackstone Group , has increased its borrowed amount to $85 million and extended the end of its repayment term from November 2024 to May 2025. This is according to an 8-K filing made this week by FOA with the U.S.

Equity 344

Equity Finance Industrial Mortgages 344

Housing Wire

SEPTEMBER 15, 2020

Now, the industry will need to take a step back to figure out which fintech solutions can provide long-term solutions, according to Andy Crisenbery , Black Knight Senior Vice President of eLending Solutions and 2019 HousingWire Tech Trendsetter. Technology needs to support the business, not define how the business operates.

Lending 393

Lending Technology Industrial Mortgages 393

Housing Wire

SEPTEMBER 16, 2020

The committee also reiterated its commitment to purchase mortgage-backed securities and Treasuries to support the flow of credit. The committee will aim to achieve inflation moderately above 2% for some time so that inflation averages 2% over time and longer-term inflation expectations remain well-anchored at 2%,” the statement said.

Lending 544

Lending Equity Loans Banks 544

Housing Wire

APRIL 3, 2024

“While structural changes could ultimately prove to be a positive for real estate portals broadly, we think CoStar’s (CSGP) Homes.com is best positioned relative to the legacy portals (Zillow, Realtor.com ) that face near-term disruption risk with a potential business model transition,” KBW analysts added.

MLS 362

MLS Residential Agents Industrial 362

Housing Wire

AUGUST 4, 2023

Jeff Whiteside, CFO and Chief Collaboration Officer of eXp World Holdings, acknowledged that high mortgage rates were expected to persist in the short term. Sanford highlighted the launch of several initiatives in Q2 that prioritize agent support. The brokerage revamped its eXpert Care Desk, which provides live support to agents 24/7.

Brokerage 317

Brokerage Agents Sales Mortgages 317

Housing Wire

JULY 17, 2023

The United States Supreme Court released its calendar of oral arguments for its 2023-24 term late last week, and is wasting no time in hearing oral arguments in a case that could decide the fate of the Consumer Financial Protection Burau (CFPB). The Court will hear oral arguments for Consumer Financial Protection Bureau v.

Lending 312

Lending Industrial As-is 312

Housing Wire

APRIL 18, 2024

That funding support has come and gone, but Mutual of Omaha is steadfast in its commitment to supporting the concept that housing is a real asset to secure retirement for many Americans.” “We had an opportunity to collaborate with other lenders and fund the academy with Dr. Craig Lemoine,” Giordano said. The data is there.”

Equity 321

Equity Loan Officer Mortgages Industrial 321

Housing Wire

NOVEMBER 27, 2023

In May, the MBA described itself as “generally supportive” of most amendments in the proposal, but noted concern about the proposal’s “changes to representative credit score calculations.” In terms of the newly-published final rule, MBA provided similar language about what it believes the new rule does and doesn’t address.

Finance 379

Finance Mortgages Loans As-is 379