article thumbnail

The Similarities Between 2007 and Today

Appraisal Buzz

During the 2007-10 mortgage default meltdown, appraisals were a target of complaints and allegations by lenders, the GSEs, some state appraisal boards, and a few unscrupulous entrepreneurs. As appraisers, we faced tremendous pressure from buyers, sellers, real estate agents, and loan officers during the previous run-up.

Appraisal 418
article thumbnail

Homepie CEO Brad Rice on making FSBO easier

Housing Wire

Ironically, the technology he’s developed can be a benefit to real estate agents as well. When I originated loans, there were a certain number of people that just didn’t need an agent — because the buyers and sellers knew each other in some fashion. SW: Why did you want to develop this platform?

Insiders

Sign Up for our Newsletter

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

article thumbnail

How JVM Lending plans to expand without any loan originators

Housing Wire

Back in the 2007-2009 meltdown, we had loan officers with us at that time. Under the revamped mode, business development officers build relationships with real estate agents to get leads and client advisors take incoming leads from borrowers.

Lending 361
article thumbnail

Homebuilders prepare to restart delayed projects

Housing Wire

The total number of homes under construction increased 1.2% — the 12th consecutive monthly increase and its highest level since 2007. How real estate agents can alleviate consumer pain points in a tight market. With lumber prices finally coming down , June figures will be worth keeping on eye on. Presented by: Move Sales.

article thumbnail

Top of the list: An interview with Ben Caballero

Housing Wire

Each year RealTrends releases its list of the highest performing real estate agents in the country, and, like clockwork, Ben Caballero of Dallas-based HomesUSA tops the list. And are these numbers for real? As for the numbers…they are kind of real. Ben Caballero. So, who in the world is Ben Caballero?

Realtors 303
article thumbnail

Nearly 40 housing tech firms make the 2023 Inc. 5000 list

Housing Wire

126 Transactly 3,852% 2017 Real estate transaction platform providing automation, integrations and tech-enabled services that significantly reduce process time. 193 CertifID 2,807% 2017 A company dedicated to fighting wire fraud for the real estate industry. Other established names to make the Inc.

article thumbnail

Steve Harney, founder of Keeping Current Matters, has died

Housing Wire

He became a top-producing real estate agent in the area and in 1991 became the manager of the largest office for Prudential Long Island Realty , training agents throughout the East Coast markets. He sold the brokerage in 2005. Harney was known for his philanthropy as well as his business acumen.