Housing Wire

JANUARY 9, 2024

“The feedback (from the Fee Freedom initiative) has been incredible from brokers because it helped them to be able to save money on a monthly basis, spend on marketing, spend on tools and things that can help them grow their business,” Fawaz said in an interview with HousingWire on Tuesday. That price is higher than it was in 2023.

Loan Officers 332

Loan Officers Real Estate Agent Tools Business 332

Housing Wire

DECEMBER 6, 2022

Becca Summers does not typically include Wells Fargo on the lender recommendation list she gives to clients. Any time my buyers are the ones bringing a lender to the table who I am not familiar with, I am going to have some questions for that lender. Amy Breach, Real Estate broker on the Hill Team in Seattle for Keller Williams.

Real Estate 370

Real Estate Real Estate Agent Clients Agents 370

Housing Wire

MAY 25, 2023

Older Americans are sitting on more than $12 trillion in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA)/ Riskspan Reverse Mortgage Market Index. Most real estate agents, builders and potential customers have no idea that this financing option exists to purchase homes,” he said.

Loan Officers 395

Loan Officers Real Estate Agent Real Estate Finance 395

Housing Wire

NOVEMBER 1, 2023

Jeff Walton, CEO and co-founder of mortgage data analytics company InGenius, which provides loan-officer data to IMBs for recruiting purposes, said it’s going to be a “tough time through winter.” There are roughly 1,000 lenders [IMBs], and our expectation is that probably 70% of them are sub-$500 million [in annual origination volume].

Mortgage 437

Mortgage Loan Officers Finance Buyers 437

The Robert Weiler Company

DECEMBER 6, 2023

Are you toying with the idea of getting involved in the commercial real estate investment world? Have you been performing Google searches on commercial properties or commercial real estate investment ideas, only to find reasons not to move forward? Misconception #2: Commercial real estate investment is a walk in the park.

Real Estate 146

Real Estate Investing Investors Realtors 146

Housing Wire

MAY 26, 2023

The threat posed by wire fraud has commanded quite a bit of attention from the real estate ecosystem. But as the housing industry has gotten better at tackling it, fraudsters have been hard at work developing more creative scams. Then, posing as the property owner, the scammer contacts a real estate agent to list the property.

Sellers 383

Sellers Real Estate Realtors Real Estate Agent 383

Housing Wire

APRIL 14, 2022

“I had not done first mortgage lending before, but I was familiar with the basics of real estate lending. Woodward quickly landed a job as an LO at American Pacific Mortgage , a California-based lender that had just opened a branch in Fort Wayne. So, it wasn’t a huge leap for me,” he told HousingWire.

Mortgage 521

Mortgage Marketing Retail Lending 521

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.

Brokerage 370

Brokerage Agents Real Estate Law 370

Housing Wire

AUGUST 23, 2023

New York-based digital lender Better.com has shifted its strategy ahead of its initial public offering (IPO). Following a merger with special purpose acquisition company (SPAC) Aurora Acquisition Corp , Better Home & Financing Co. The change resulted in Better’s exit from its real estate business. It incurred an $89.9

Realtors 370

Realtors Technology Insurance Mortgage 370

Housing Wire

MAY 17, 2023

Transactions in the fix and flip market have been booming in recent years, with more than 407,000 homes flipped in 2022, up 14% over 2021 and up 58% over 2020, according to a recent report by real estate data firm ATTOM. How long that can continue is hard to say.” housing market.”

Finance 370

Finance Marketing Renovations Investors 370

Housing Wire

OCTOBER 12, 2023

And I think we saw an advantage among some of the first movers — these companies came out of the crisis and were able to take advantage of technology, that’s when they really started to grow. SW: How does that impact you as a mortgage lender CEO? That means no matter how many loans you do, you can’t make money.

Mortgage 417

Mortgage Technology Contracts Realtors 417

Housing Wire

APRIL 26, 2022

Karl Jacob, CEO and co-founder of LoanSnap , said the cyrpto-mortgage system his company has developed can originate more than just loans that LoanSnap mints. In addition to crypto-mortgages, LoanSnap is a full-stack mortgage company that originates traditional mortgages as well.

Mortgage 446

Mortgage Technology Investing Investors 446

Housing Wire

AUGUST 25, 2022

billion in the second quarter, and the lender took a $44 million loss overall. Among 11 publicly traded nonbank mortgage lenders, the loss represented the third-worst financial performance in the second quarter, according to a HousingWire analysis. Homepoint’s financial statements tell the story. Origination volume declined 63.5%

Mortgage 395

Mortgage Loan Officers Finance Investors 395

Housing Wire

JULY 12, 2022

The company, which employs about 17 people, was founded in 2015, and is one of those approved to provide the Freddie Mac data report for its new remote inspection program. Companies such as ProxyPics stand to benefit from a major Freddie Mac policy change, which goes into effect this month. The State of Appraisals in 2022.

Appraisal 407

Appraisal Inspection Real Estate Agent Training 407

Housing Wire

JULY 19, 2021

Blend Labs ‘ life as a public company is off to a promising start. The IPO gives the cloud-based software company the ammunition to grow market share , develop new products and dive deeper into various sectors within fintech, including consumer banking and auto. Bank , as well as large credit unions and even tech companies.

Insurance 383

Insurance Investors Technology Real Estate Agent 383

Housing Wire

NOVEMBER 12, 2020

More for Real Estate Enthusiasts. You should also evaluate your report as a lender would. What might give a lender pause about your application? You can also ask your credit card company or bank for a limit increase. This will also reduce your utilization rate (as long as you don’t spend the extra money).

Real Estate 492

Real Estate Mortgage 492

Housing Wire

MARCH 10, 2023

Stubborn inflation and high interest rates continue to wreak havoc on the mortgage-origination market, but there is one asset class in the housing market that is arguably flourishing in these hard times – home equity. They are saying, ‘Tell me what’s working, how can I stand a program up so I can capture some of this [home-equity] business.”

Housing Market 370

Housing Market Marketing Contracts Lending 370

Housing Wire

AUGUST 9, 2022

Rachel Luna, principal of Patriot Title Company. With over 13,000 followers on Instagram , Rachel Luna, the principal of Texas-based Patriot Title Company , is the self-proclaimed “Texas Title Queen.” And now I am the principal of the largest woman-owned title company in Texas,” Luna said. And the rest as they say is history.

Real Estate Agent 383

Real Estate Agent Real Estate Insurance Business 383

Housing Wire

SEPTEMBER 8, 2022

When mortgage lenders are talking about compliance in loan origination or mortgage servicing, the worst case can be pretty bad, so we often see companies investing heavily in the best tools. He was so good at his job that a few years back his company gave him a spot on its annual, all-expenses-paid trip around the Caribbean.

Business 427

Business Marketing Technology Tools 427

Housing Wire

OCTOBER 13, 2022

One market expert sees a similar fate ahead for IMBs, absent an RTC, predicting that over the next two years more than one-fifth of the nonbank lenders now operating nationwide will merge or otherwise disappear. . Lenders that turn all their attention to refinances when that business skyrockets enjoy huge profits,” Graham said. “But

Mortgage 370

Mortgage Marketing Buyers Sellers 370

Housing Wire

APRIL 18, 2023

For New American Funding (NAF), the country’s 33rd-largest mortgage lender , hedging is how the company was able to manage through the troughs of the mortgage business cycle, Rick Arvielo, co-founder and CEO of NAF, said in an interview with HousingWire. “We’re But there have been rough points for the lender recently, too.

Retail 366

Retail Business Agents Loan Officers 366

Housing Wire

FEBRUARY 14, 2022

Redfin is a publicly traded company, a nationally recognized listings website and one of the biggest brokerages in the country. But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. “With a two-year-old, I couldn’t meet the quota,” she said.

Business 370

Business Brokerage Real Estate Agent Agents 370

Housing Wire

JULY 22, 2022

Non-QM lender First Guaranty Mortgage Corp. FGMC) filed for Chapter 11 bankruptcy protection at the end of June — leaving four warehouse lenders on the hook for more than $415 million. The lender so suddenly shuttered its doors it failed to file advanced notice of the layoffs, as required under federal law.

Lending 383

Lending Mortgage Housing Market Marketing 383

Housing Wire

APRIL 16, 2024

The company recently launched a mortgage brokerage firm that offers a plug-and-play program for real estate agents to become mortgage loan officers, a practice called dual licensing. according to the company. to 3% real estate agent commission, plus 1.5% For example, Realfinity pays LOs 1.4%

Real Estate Agent 460

Real Estate Agent Loan Officers Real Estate Agents 460

McKissock

NOVEMBER 7, 2021

When Tyler Weinrich scored his dream job at a software company he had no way of predicting that in just one year his career would veer into investment real estate. Yet life doesn’t always go as planned and when the company announced they were downsizing, Weinrich discovered he was laid off. .

Real Estate 82

Real Estate Investing Real Estate Agent Investors 82

Housing Wire

JANUARY 25, 2023

Absent hard proof, that potential move by the lender is still in the arena of rumor at this point, but perceptions do affect buyer and seller choices in the market. Fueling the rumor in this case is Wells Fargo’s recently announced plans to reduce its MSR portfolio, valued on its books at $9.3 billion as of the end of 2022, U.S.

Buyers 381

Buyers Investing Mortgage Marketing 381

Listing Spark

AUGUST 11, 2022

If you’re looking to do some serious real estate investing, you might be interested in using a hard money lender. While most homeowners go with conventional financing, a hard money lender can be more useful for buying and selling properties. Why is a hard money lender useful?

Real Estate 36

Real Estate Investors Lending Investing 36

Realtor

AUGUST 7, 2019

In fact, getting an appraisal done too early is way more likely to end up costing you money than making you money. Simply put, home appraisals are meant for the buyer’s lender more than any other party. Real estate agents will use comps to pull recent data on other houses (that are similar to yours) to arrive at a market value.

Sellers 111

Sellers Appraisal Market Value Real Estate Agent 111

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Appraisals are often required for divorce and marriage dissolutions, probate work, and estate and financial planning. Real estate agents also need appraisals for properties that may be more difficult to price. Most of my non-lender work comes from referrals and my websites. GET A WEBSITE. OFFER A LUNCH AND LEARN.

Business 393

Business Appraisal Real Estate Agent Clients 393

Cleveland Appraisal Blog

AUGUST 20, 2021

Usually, assessors have employees, or they hire companies, to blitz through a neighborhood and take some rough measurements of homes. A FEW MORE REAL-WORLD EXAMPLES. They may feel like the home is a perfect fit for them, and they are not concerned about what the real square footage is. Auditors typically do not go inside a home.

Appraisal 418

Appraisal Market Value Contracts Agents 418

Listing Spark

FEBRUARY 16, 2023

Julie and Rachael discuss the importance of access to capital and building relationships with lenders. They also talk about the different types of financing available and how to structure a successful real estate investment. She has been with the company for 12 years and enjoys helping her clients be successful.

Real Estate 36

Real Estate Investing Investors Lending 36

Raleigh Realty

MARCH 29, 2021

Let's dive into all of the home buying resources you have when working for the government Our real estate company is based in the state capital of North Carolina, Raleigh. Working in food preparation or janitorial services, for instance, might make saving money hard. Good lenders should be aware of this.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

Housing Wire

JULY 19, 2023

The dour housing market over the past 18 months has thrust struggling independent mortgage lenders (IMBs) into what seems like a pot of water that is coming slowly to a boil. As the heat rises, so too does the number of lenders seeking to exit the market. We have calls with lenders every single week in that category.”

Mortgage 370

Mortgage Marketing Buyers Lending 370

Realtor

AUGUST 7, 2019

In fact, getting an appraisal done too early is way more likely to end up costing you money than making you money. Simply put, home appraisals are meant for the buyer’s lender more than any other party. Real estate agents will use comps to pull recent data on other houses (that are similar to yours) to arrive at a market value.

Sellers 78

Sellers Appraisal Market Value Real Estate Agent 78

Eppraisal

NOVEMBER 4, 2021

Why is it that a home loan applicant is politely shown the door by a branch of a national bank yet is approved for the same amount of money by another lender? It benefits home loan shoppers to bone up on the differences among lenders. This can save prospective borrowers time and money in that they can focus on optimal lenders.

Retail 36

Retail Mortgage Marketing Advertising 36

Housing Wire

JUNE 24, 2021

HousingWire recently spoke with William Tessar, president of Civic Financial Services , about the private lending space and how LOs can benefit from serving real estate investors. . Right now, however, there is an often-overlooked source of business that has the potential for brokers and originators: the real estate investor channel.

Real Estate 431

Real Estate Investors Lending Loan Officers 431

McKissock

OCTOBER 9, 2020

” According to real-life appraisers, several business skills are important. But time management, in particular, is essential for building a successful career in real estate appraisal. As they say, time is money. Time management is key but hard to master. Want to participate? It’s a work in progress.”

Business 96

Business Appraisal Project Management Development 96