Housing Wire

MAY 21, 2024

After two years of limited demand, private equity and insurance companies are increasing their allocations to single family residential mortgages. This increased interest is being led by private equity investors and insurance companies.

Insurance 409

Insurance Mortgage Investors Finance 409

Housing Wire

MARCH 28, 2024

Unfortunately, one of the proposals the President mentioned in the SOTU was to revive a previously discredited and shelved pilot program that would waive the requirement for lender’s title insurance on certain refinances by Fannie Mae. By law it is not an insurer nor is it capitalized or regulated to do this. million in claims.

Insurance 399

Insurance Transportation Property Taxes Real Estate 399

Housing Wire

APRIL 17, 2024

House of Representatives ’ Financial Services Committee as the body considers the markup of proposed bills centered on real estate financing. The second piece is House Resolution 5535 , also known as the Insurance Data Protection Act. MBA also supports this measure, its letter said. “The Sponsored by Rep.

Real Estate 416

Real Estate Finance Insurance Law 416

Housing Wire

MARCH 22, 2024

“I think one of the major trends we are seeing is that our overall inventory is up 60% year over year compared to 2023,” said PJ Smith, president of the Naples Area Board of Realtors and the broker-owner of Naples Golf to Gulf Real Estate. “We homeowners insurance policy was roughly $1,700 in 2023.

Insurance 363

Insurance Inventory Marketing Real Estate 363

Housing Wire

MAY 23, 2024

The New York Department of Financial Services (NYDFS) announced on Thursday the publication of a policy recommendation that encourages property insurers to offer free loss-mitigation options for policyholders that would ultimately reduce premium costs.

Insurance 344

Insurance Tools Marketing Real Estate 344

Housing Wire

JANUARY 25, 2024

Homeowners in California now have even fewer choices in homeowners insurance carriers. The Hartford Financial Services Group , better known as The Hartford, announced Wednesday that it would no longer issue new homeowners insurance policies in California starting in February 2024. Unitrin Auto and Home Insurance Co.

Insurance 446

Insurance Business Marketing Housing Market 446

Housing Wire

FEBRUARY 16, 2024

Three sources, who have asked to remain anonymous, have confirmed to HousingWire that the National Association of Realtors (NAR) has run out of liability insurance funds. NAR’s insurance policy is tapped out, and there are no funds available for REALTOR Associations and MLSs for legal defense costs,” Hahn wrote.

Insurance 543

Insurance Realtors Legal Design 543

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.

Real Estate 471

Real Estate Buyers Agents Sellers 471

Housing Wire

JANUARY 3, 2024

The rising cost of homeowners insurance is weighing more heavily on American homeowners and buyers, according to a survey published Wednesday by Mphasis Digital Risk , a technology services company serving the residential real estate lending industry. average, according to estimates from the Insurance Information Institute.

Insurance 378

Insurance Real Estate Lending Technology 378

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. Title insurance is different than most other insurance products.

Insurance 464

Insurance Government Legal Fees Real Estate 464

Housing Wire

MAY 9, 2024

Despite the necessary requirement for a homeowner to maintain insurance on their property for protection against human- and naturally-occurring disasters, the impacts of climate change are creating “natural” scenarios that are increasingly not covered by insurance.

Insurance 350

Insurance Finance Real Estate 350

Housing Wire

OCTOBER 9, 2023

AI-generated image of two lawyers scrutinizing title insurance joint venture agreements. In 1983 Jim Campbell launched what is believed to be the first joint venture experiment between a real estate brokerage and a title and settlement firm. Image was created using MidJourney.

Real Estate 425

Real Estate Insurance Brokerage Real Estate Agent 425

Appraisal Buzz

MAY 22, 2024

Technology firm Finaya has launched an AI-based homeownership marketplace super-app that integrates home buying and selling, mortgage, insurance, title, closing and other related services supported by a marketplace of on-demand realtors, loan brokers, lenders and service providers.

Insurance 195

Insurance Real Estate Agent Mortgage Real Estate 195

Housing Wire

MARCH 22, 2024

The National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA) are urging lawmakers to swiftly pass a spending bill being deliberated in Congress on Friday to avoid risking the expiration of the National Flood Insurance Program (NFIP), which the organizations say could have deeply felt consequences for their members and U.S.

Insurance 363

Insurance Realtors Real Estate Business 363

Housing Wire

APRIL 16, 2024

Are you tired of your text messages causing more confusion than closings in the real estate world? with real estate night sweats and want to alleviate your stress by banging out a text does not mean the other agent, your buyer prospect, your seller client, or the appraiser wants to share your insomnia.

Real Estate Agent 344

Real Estate Agent Real Estate Agents Business 344

Housing Wire

JANUARY 4, 2024

Lawmakers in Florida are getting creative when it comes to trying to solve their state’s homeowner’s insurance challenges. Due to the recent uptick in the number and severity of hurricanes facing the Sunshine State, many insurers and reinsurers have made the decision to leave the state.

Insurance 519

Insurance Law Mortgage Construction 519

Housing Wire

MARCH 14, 2024

The dream of homeownership is becoming increasingly elusive for many Americans as both home prices and insurance premiums are on the rise. Homeowners insurance premiums are climbing too. The average cost of insuring a $300,000 property surged by 12% in 2023, reaching $1,770 per year, according to a recent Insurify report.

Insurance 391

Insurance Buyers Finance Real Estate 391

Housing Wire

APRIL 29, 2024

Market conditions in the real estate and mortgage industries continued to be a challenge in the seasonally weak first quarter. The discussions in Washington are still in early stages, and we believe that ultimately, our industry will be successful in reaffirming the value of title insurance to policymakers.” million this year.

Insurance 343

Insurance Investors Housing Market Government 343

Housing Wire

OCTOBER 4, 2023

As major home insurance carriers are increasingly pulling back their coverage options in disaster-prone areas, hundreds of thousands of people are moving to state-sponsored “last resort” insurance plans originally designed to offer a temporary fix. The plans were designed to be temporary safety nets,” the Journal report reads. “As

Insurance 369

Insurance Design Marketing Real Estate 369

Housing Wire

SEPTEMBER 19, 2023

Title premium volume continued to trend downward during the second quarter of 2023 as high mortgage rates and low housing inventory continued to plague the real estate industry. billion in title insurance premiums, down from $6.21 Top underwriters for the quarter by market share included First American Title insurance Co.

Insurance 329

Insurance Real Estate Marketing Inventory 329

Housing Wire

FEBRUARY 1, 2024

As a refresher, “redlining” means that no matter the features or amenities that a home provides, if the home is in a neighborhood with Black residents (homeowners or renters), traditional (and more affordable) lending and insurance would be denied — although a few sub-prime options tend to circle these communities like sharks.

Real Estate 366

Real Estate Appraisal Insurance Training 366

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. We include role-play sessions specifically for introverted real estate agents.

Real Estate 331

Real Estate Real Estate Agent Agents Training 331

Housing Wire

APRIL 22, 2024

Check out these nine downloadable real estate prospecting letter templates to help you make an impression in your neighborhood or zip code. My name is (your name), and I’m a licensed real estate professional with (your brokerage). Please think of me as your go-to resource for all things real estate.

Real Estate 334

Real Estate Open Houses Brokerage Real Estate Agent 334

Housing Wire

APRIL 5, 2022

The Metaverse is defined as the simulated digital world that mimics the real world through virtual reality and augmented reality in which users can interact. As the Metaverse expands, its offerings now include “virtual” real estate. But what does virtual real estate mean for real-world mortgage professionals?

Real Estate 527

Real Estate Mortgage Property Taxes Law 527

Housing Wire

OCTOBER 6, 2023

New American Funding ’s partnership with Matic Insurance and OneSource Solution will provide insurance and home setup services for existing and new customers while NAF is processing the loan. Mortgage customers can bundle food, wind, auto, pet, life and other personal lines of insurance through NAF Insurance, which is powered by Matic.

Insurance 362

Insurance Brokerage Government Real Estate 362

Housing Wire

DECEMBER 12, 2023

Homeowners are increasingly concerned with flood insurance premium hikes impacting affordability, Fannie Mae ‘s latest national flood survey showed. The latest survey is an expansion from its 2020 version and compared how homeowners’ and renters’ awareness and attitudes towards flood risk and flood insurance changed over the years.

Insurance 378

Insurance Home Value Government Design 378

Housing Wire

NOVEMBER 17, 2023

Your real estate career in picturesque Colorado is an exciting adventure waiting to unfold. We’re here to guide you in finding the best Colorado real estate school for your needs. Colibri Real Estate: Best real estate school in Colorado for online learners Overall Rating 4 / 5 Rating: 4 out of 5.

Real Estate 377

Real Estate Tools Business Training 377

Housing Wire

JUNE 21, 2022

As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to protect what most Americans consider the biggest purchase of their lives. Real estate is a $3 trillion industry in the United States.

Insurance 506

Insurance Easement Real Estate Investing 506

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. Address other important items, including relevant contact information for support professionals, such as legal counsel, insurance providers and emergency services. Even better?

Real Estate 383

Real Estate Legal Tenants Clients 383

Housing Wire

AUGUST 17, 2023

With the housing industry down across the board, upstart title insurance firms couldn’t maintain strong growth rates in 2023. Just three title insurance firms made the annual Inc. Nine title insurers made the list in 2022. The title insurance firm ranked No. The Plano, Texas-based title insurance firm was ranked No.

Insurance 348

Insurance Brokerage Real Estate Business 348

Housing Wire

OCTOBER 11, 2023

Under the waiver program, the government sponsored entity (GSE) would bypass traditional title insurance by granting certain mortgage lenders a waiver on title insurance requirements for loans sold to Fannie. In August, however, news broke that Fannie had decided to scrap the pilot program before it had even launched.

Insurance 373

Insurance Government Real Estate Finance 373

Housing Wire

OCTOBER 2, 2023

Passage allows Congress to fund the government for 45 days, provide $16 billion in disaster assistance, and temporarily extend the National Flood Insurance Program. An extended lapse in NFIP authority could affect 1,300 real estate transactions per day., the NAR said.

Insurance 337

Insurance Government Home Value Realtors 337

Appraisal Buzz

JANUARY 14, 2022

Due to the explosion of real estate prices over the past few years, more are looking to diversify their investments by expanding into real estate. As … The post These Are The Best Cities for Real Estate Investment appeared first on DSNews.

Real Estate 435

Real Estate Investing Insurance Appraisal 435

Housing Wire

NOVEMBER 2, 2023

New York-based digital lender Better Home & Finance Holding Company launched Better Insurance to allow customers to shop for homeowners insurance through a fully digital platform. Better Insurance is fully autonomous. The goal for Better Insurance is to offer the service to all 50 states by 2024.

Insurance 338

Insurance Finance Mortgage Real Estate 338

Housing Wire

JULY 25, 2023

In late June, Susan Gregory received an estimate for a new homeowner’s insurance policy on her 120-year-old St. Augustine, Florida property, after her previous insurer, United Property and Casualty, went insolvent earlier in the year. This is one of the easiest parts of Florida to insure and costs have gone up over 40%.”

Insurance 338

Insurance Housing Market Marketing Agents 338

Housing Wire

APRIL 11, 2022

In a selling guide announcement released last week, Fannie Mae announced that it would be accepting written opinion letters from an attorney in lieu of a title insurance policy “in limited circumstances.”. If a lender receives an AOL in lieu of a title insurance policy, the lender must report Special Feature Code 155 when delivering the loan.

Insurance 404

Insurance Real Estate Finance Mortgage 404

Housing Wire

SEPTEMBER 26, 2023

The state’s top insurance regulator announced last Thursday that new rules are in the works to persuade insurers to remain in the state. In announcing their departure from the Golden State, the two major insurers cited the increased wildfire risks in the state and rising construction costs.

Insurance 367

Insurance Construction Agents Marketing 367