Remove tag 2023
article thumbnail

‘There will be bank failures,’ Fed chief tells lawmakers

Housing Wire

trillion in residential mortgage debt as of first-quarter 2023. of all commercial mortgages in Q1 2023, regional and local banks trimmed their share of originations to 25.1% in Q2 2023. When the FDIC rescued Silicon Valley Bank and Signature Bank in March 2023, the price tag was $22 billion. FDIC), banks held $2.78

Banks 466
article thumbnail

CoreLogic and Restb.ai bringing new AI tools to nation’s fourth-largest MLS

Housing Wire

AI tools, such as photo tags or ALT-Text technology, will automatically extract information from listing photos and generate captions for each one of them. Overall, the new tools integrated to FMLS’s CoreLogic products will include: photo tags, ALT-Text technology, generative property description and image matching capabilities.

MLS 359
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

13 video marketing best practices for your real estate business

Housing Wire

Global statistics from 2023 show that people watch videos an average of 100 minutes a day, with millennials — the largest share of homebuyers in the U.S. Tagging topics relevant to your video. If your numbers are low, your description or tags may need work. When it comes to marketing your real estate business, video is king.

Marketing 510
article thumbnail

New home sales continue to climb in 2023

Housing Wire

New home sales started off 2023 on a positive note, rising 7.2% from December to a seasonally adjusted annual pace of 670,000 homes, according to data published by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD) on Friday.

Sales 432
article thumbnail

Ransomware Round-Up: Recent Cybersecurity Attacks and How to Avoid Being Next

RIS Media

Since Q3 2023, real estate companies—from MLSs to title servicers—have been beset by cyberattacks that have compromised their users’ personal data. Such attacks are typically ransomware (or hackers holding data hostage for a payout).

Title 118
article thumbnail

VA extends deadline for loan deferment

Housing Wire

According to the VA’s circular, servicers may continue offering loan deferment until July 1, 2023, thus pushing the deadline nearly two additional years. The circular noted that if the borrower opts for loan deferral, no added costs, fees, or interest will be tagged onto the borrower.

Loans 409
article thumbnail

Housing Market Tracker: A notable drop in inventory

Housing Wire

Does that mean we are heading back to all-time lows in inventory again for 2023? 6, 2023): Fell from 490,809 to 471,349 Same week last year: (Dec. We are on the cusp of breaking under 1 million total active listings, and if this happens in 2023, it will be only the second time in recent history this has occurred. 30, 2022-Jan.

Marketing 536