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Meet Kevin Sears, NAR’s latest president

Housing Wire

I think you will agree that our primary focus must be on furthering the business of the association which means we are fully engages on the legal, business and advocacy challenges that are top priority to you and the clients that you serve.” Charlie Baker.

Realtors 414
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Bay Area team bolts Compass for Side

Housing Wire

Created in 2004 by Barr Haney and Whitney Potter, OWN Marin generated $381 million in 2020 sales volume, the agent team reported, on 153 deal sides, meaning that the median home in which they represented seller or buyer was priced at $2.8

Brokerage 370
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Will mortgage lending get tighter in the next recession?

Housing Wire

I don’t think it’s shocking that people have never seen this index dated from 2004-2021. We just lend to the capacity to own the debt, and the index is correct to stay low since 2008 because we can’t legally loosen up lending standards as happened from 2004-2005. Whenever a recession happens, credit should get tighter.

Lending 477
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ALTA: Protecting property rights with title insurance

Housing Wire

nationally since 2004 and roughly 5% the past two years, based on the most recent industry data from 2021. Having owner’s title insurance means the cost of defense and legal fees that typically would be the homeowner’s responsibility instead are paid by the title insurer. Title insurance is a comprehensively regulated product.

Insurance 464
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CFPB investigating Rocket Homes for illegal kickbacks

Housing Wire

” “A simple search of his name reveals a history of Shkipin imploring the government to consider legal action against large companies including Amazon, Uber, Lyft, Redfin, Opendoor and others to the benefit of his fledgling startup,” read the statement.

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Gentrification, Neighborhood Boundaries, and Bias

Appraisal Buzz

Comps in 2004 vs 2022: In terms of real estate, when it comes to comp selection, we might have pulled comps differently in 2004 compared with 2022 because the market is different now. And to me this isn’t some sort of academic exercise where we’re only focused on parsing trends and pretty graphs. This is affecting real people.

Appraisal 195
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Remote online notarization is the proper path forward for digital closings

Housing Wire

The model legislation creates legal certainty across the country by providing a uniform and consistent framework that is based on a common set of core principles. All states — except Illinois and New York — have legalized electronic transactions, signatures and notarizations by enacting the Uniform Electronic Transactions Act (UETA).

Law 433