Inman

MARCH 13, 2023

The meltdown of Silicon Valley Bank has sent shockwaves through the proptech industry. Here’s how to keep it from poisoning the well during the spring market.

Clients 114

Clients Marketing Brokerage Agents 114

Housing Wire

FEBRUARY 1, 2021

How to Diversify Your Brokerage to Weather Economic Hardship. Diversification is one approach brokerages can adopt to help ensure stability in unavoidable times of uncertainty, work to protect their revenue and – ultimately – financially weatherproof their business. Department of Housing and Urban Development.

Legal 458

Legal Law Brokerage Finance 458

Housing Wire

APRIL 27, 2023

After launching his career at UBS in New York City, Yeager returned to the Pacific Northwest to open his own brokerage, which merged with Cobalt Mortgage in 2008. At Cobalt, Yeager oversaw $5 billion in production.

Loan Officers 369

Loan Officers Retail Lending Investing 369

Housing Wire

SEPTEMBER 22, 2022

The Federal Reserve (Fed) on Wednesday raised the federal funds rate by another 75 basis points, to 3%-3.25%, bringing it back to a level last seen in March 2008. The decision was expected by most Fed observers , and comes as mortgage lenders and real estate brokerages struggle to adjust to a Fed-driven slowdown of the housing market. .

Real Estate 390

Real Estate Housing Market Mortgage Brokerage 390

Housing Wire

APRIL 6, 2023

California-based SVB, which focused on the tech community, collapsed on March 10, marking the biggest bank failure since Washington Mutual in 2008. No one knows how much of the MBS portfolio these regional banks are going to sell necessarily,” a secondary market executive at a brokerage firm told HousingWire.

Insurance 375

Insurance Investing Brokerage Mortgage 375

Housing Wire

NOVEMBER 5, 2021

Rich DeNicola: My favorite HW+ article is the Real Trends Brokerage Compensation Report. It is a phenomenal resource for any brokerage owner. Navigating the business climate during the early pandemic and the 2008 financial meltdown were incredibly stressful times filled with uncertainty.

Real Estate 370

Real Estate Brokerage Construction Business 370

Housing Wire

NOVEMBER 10, 2022

We want to grow,” Casey Crawford , a former pro football player who founded distributed retail nonbank Movement in 2008, said in a statement to HousingWire. In August, the company acquired the brokerage Superior Rate Mortgage of New England. Troutman Pepper was Movement’s legal advisor in the M&A transaction. “We

Retail 370

Retail Mortgage Loan Officers Legal 370

Housing Wire

JUNE 15, 2022

“Mortgage rates increased for all loan types, with the 30-year fixed rate last week jumping 25 basis points to 5.65% – the highest level since 2008. The seasonally adjusted purchase index, meanwhile, ticked up 8% from the prior week but was 16% down from the same week a year ago.

Mortgage 368

Mortgage Loan Officers Brokerage Inventory 368

Inman

JANUARY 30, 2023

Now, although price growth through the pandemic period was clearly excessive, writes economist Matthew Gardner, fundamentally speaking, the two periods cannot be considered to be similar at all.

Marketing 113

Marketing Real Estate Brokerage Agents 113

Inman

JANUARY 15, 2024

The National Association of Realtors may be on the verge of a bigger membership decline than it's ever seen before — including during the 2008 housing crisis. Intel explores why that is.

Realtors 192

Realtors Brokerage Agents 192

Mortgagebroker News

DECEMBER 14, 2022

Sherwood Mortgage Group's co-founders on the company's seismic growth since its foundation in 2008

Brokerage 69

Brokerage Mortgage 69

Housing Wire

FEBRUARY 14, 2023

His brokerage was recognized by RealTrends as one of the top one-year movers by transaction sides and was one of the top 20 BHGRE companies for units sold in 2021. Joshua McGrath is the broker/owner of Better Homes and Gardens Real Estate Central in Charleston, WV. McGrath was an Emerging Leader honoree in 2022.

Marketing 370

Marketing Real Estate Agents Training 370

Housing Wire

NOVEMBER 13, 2023

While Marx Sterbcow, managing attorney at Sterbcow Law Group , believes the industry may see more title and mortgage JVs, he also feels that if real estate brokerages hope to survive a potential hits from the commission lawsuits, they will need to rely on ancillary services.

Insurance 421

Insurance Real Estate Agents Real Estate Agent 421

Housing Wire

JULY 15, 2022

He has more than 15 years of industry experience, holding multiple positions in the industry including being an investor, team owner/leader, brokerage operating partner, coach and trainer and corporate executive. Brian Gubernick : No question, the greatest learning opportunity I’ve experienced was the 2007-2008 housing market crash.

Real Estate 397

Real Estate Realtors Brokerage Business 397

Housing Wire

MARCH 22, 2023

Silicon Valley Bank, the biggest bank to fail since Washington Mutual in 2008, took a $1.8 “No one knows how much of the MBS portfolio these regional banks are going to sell necessarily,” a secondary market executive at a brokerage firm told HousingWire. SVB had a securities-investment portfolio of $120.1

Mortgage 409

Mortgage Investing Brokerage Marketing 409

Housing Wire

NOVEMBER 30, 2021

The Barua case has been assigned to Thomas Zilly, the judge presiding over real estate brokerage Rex’s lawsuit against Zillow and the National Association of Realtors. The second lawsuit was filed Nov. 19 in Seattle federal court on behalf of Zillow investor Steve Silverberg.

Investors 421

Investors Brokerage Investing Law 421

Inman

AUGUST 23, 2023

While naysayers and doomsdayers compare today's real estate market to 2008, the numbers tell a very different economic story, writes marketing expert Chris Drayer.

Marketing 147

Marketing Real Estate Brokerage Agents 147

Housing Wire

MARCH 15, 2023

It was the biggest bank failure since Washington Mutual collapsed in 2008. Mauro Guzzo, founder and executive chairman at brokerage firm Guzzo & Co, said he has not seen lenders further tightening lending conditions since last week. The SVB failure was followed by Signature Bank, which closed its doors on Sunday. ”

Mortgage 370

Mortgage Clients Retail Marketing 370

Housing Wire

JUNE 5, 2023

Up until the financial crisis in 2008, mortgage brokers held nearly 50% market share. For this reason, we’ve seen a lot of retail LOs make the transition over to the wholesale channel by joining a mortgage brokerage. Now, they are sitting at 22% and climbing, because they offer the most loan options to borrowers.

Mortgage 370

Mortgage Retail Lending Loan Officers 370

Housing Wire

FEBRUARY 27, 2024

If you’re an agent, team or brokerage looking to keep a pipeline of qualified listing leads coming your way, SmartZip may the solution you need. Exclusivity: No Trial period: No Contract requirements: Annual contract required SmartZip is a lead generation, marketing and CRM solution founded in 2008.

Advertising 430

Advertising Real Estate Tools Sellers 430

Inman

JANUARY 26, 2023

The 2008 downturn nearly drove Marc King into bankruptcy. At Inman Connect New York on Thursday, he shared the steps he learned about avoiding financial ruin and instead growing

Real Estate 155

Real Estate Brokerage Agents Marketing 155

Housing Wire

JANUARY 2, 2024

The FDIC was the receiver of Washington Mutual Bank after it failed during the 2008 financial crisis. The lawsuit relates to loans RealFi brokered to Washington Mutual Bank and its subsidiaries, including Long Beach Mortgage Company , more than 15 years ago.

Loan Officers 432

Loan Officers Lending Mortgage Insurance 432

Housing Wire

SEPTEMBER 22, 2023

When the stock market hit in 2008, I went to my financial advisor and told him to take out all my money. I left after only doing seven transactions, and I started my own brokerage. Those stats are just me personally, not my brokerage or team. TM: I had to rebuild myself mentally, spiritually and physically.

Real Estate 409

Real Estate Real Estate Agent Business Investing 409

Housing Wire

FEBRUARY 11, 2021

Christensen has 17 years of mortgage industry knowledge, jumpstarting her career as a loan officer in 2003 until 2008 when she began to work with the many American families facing foreclosure due to the Great Recession.

Loan Officers 250

Loan Officers Real Estate Technology Mortgage 250

Housing Wire

OCTOBER 5, 2023

in 2008 and 2009. The real estate market in China, both commercial and residential, have been unwinding over the last few years. Like a slow-motion train wreck at first, it is now definitively off the rails and heading over a cliff. Following a pattern eerily similar to the U.S.

Real Estate 431

Real Estate Housing Market Marketing Investors 431

Housing Wire

SEPTEMBER 10, 2022

NEXA Mortgage, the largest mortgage brokerage in the country, this week cut ties with the Association of Independent Mortgage Experts ( AIME ), claiming the trade group fails to address bullying and lacks proper governance. NEXA, founded in 2017 by Kortas , is a fast-growing mortgage brokerage.

Brokerage 410

Brokerage Loan Officers Retail Mortgage 410

Housing Wire

NOVEMBER 22, 2022

The company also acquired the brokerage Superior Rate Mortgage of New England in August 2022, adding more than $400 million in annual sales volume and 48 employees. . Movement is owned by Casey Crawford , a former pro football player who founded the lender in 2008, and the Movement Foundation, which has a 49% share. It added $1.5

Loan Officers 384

Loan Officers Retail Business Mortgage 384

Housing Wire

AUGUST 7, 2020

Nichols pointed out that after the 2008 financial crisis, wholesale lending began using technology that helped match pace with the processes of retail lenders. According to the panel, growing market share doesn’t just come from building relationships with clients, but strengthening the brokerage community overall.

Retail 370

Retail Mortgage Loan Officers Marketing 370

Housing Wire

JUNE 16, 2022

Although the 30-year fixed-rate mortgage surpassed 6%, its highest level since November 2008, some economists expect mortgage rates to go down in the coming weeks. As a result, brokerages and mortgage lenders have been cutting staff to cut costs in a greatly reduced volume compared to the pandemic. trillion in 2022 and $2.3

Housing Market 421

Housing Market Marketing Loan Officers Mortgage 421

Lamacchia Realty

APRIL 22, 2022

As the #1 Independent Brokerage in Worcester County for four years in a row, Lamacchia Realty was quickly outgrowing their Worcester office and knew it was time for their third branch office in the county. . As a full-service, value-based brokerage, the company’s? Anthony Lamacchia. Broker/Owner. Jackie Louh.

Realty 69

Realty Realtors Brokerage Clients 69

Housing Wire

AUGUST 28, 2020

Not only do loads of brokerages offer it but also many of the top MLSs as well. Two companies in this category that have been doing this for a while (since 2008) are SmartZip and Quantarium. While I’ve indicated six specific companies in the listing tools area, there are actually many more out there.

Tools 273

Tools Sellers Real Estate Contracts 273

Empire Appraisal Group

APRIL 8, 2021

There are genuinely a lot of people who want to buy homes to live in,” Daryl Fairweather, chief economist at real estate brokerage Redfin Corp., Cash-out refis were a cause of concern in the run-up to the 2008 financial crisis as borrowers increasingly sought refuge in their homes to generate extra finances.

Renovations 78

Renovations Real Estate Brokerage Realtors 78

Housing Wire

AUGUST 25, 2022

.” Lenders are making a play with jumbo adjustable-rate mortgages (ARM), a product that has made a comeback after falling out of favor due to their role in the housing crash of 2008 and a decade-plus of fixed-rate mortgages under 5%. Guaranteed Rate’s diversified strategy appears to follow the Rocket Companies roadmap.

Mortgage 397

Mortgage Loan Officers Finance Investors 397

Housing Wire

JANUARY 27, 2021

Since stepping down, Casa has opened his own mortgage brokerage in Philadelphia. Prior to the housing crisis in 2008, mortgage brokers were responsible for nearly 50% of originations. A number of lenders cut ties with AIME following Casa’s remarks, which were made about Niemiec’s wife. It also spurred a defamation lawsuit.

Brokerage 328

Brokerage Lending Mortgage Development 328

Inman

JANUARY 31, 2024

More real estate agents believe their client shortfall has begun to stabilize, an indication of rising home demand in the new year, according to new results from the latest Inman Intel Index survey.

Clients 167

Clients Agents Real Estate Agent Real Estate 167

Lamacchia Realty

MARCH 7, 2023

To learn more about Kyle, click here: Kyle Denlinger Angela Harkins has been a REALTOR® since 2001 and built her own team back in 2008. However, when the brokerage developed their official plan to expand to Florida, Amie rejoined as an agent lead for the Fort Lauderdale office’s opening in November 2020.

Realtors 73

Realtors Realty Real Estate Clients 73

Housing Wire

AUGUST 20, 2021

5000 since HousingWire’s earliest days (check out the HW’s 2008 Inc. Several of the nations top real estate brokerages as ranked by RealTrends graced Inc.’s And Nationwide Mortgage Bankers posted an insane average three-year growth rate of 16,396% in 2020. And while housing sector firms have graced the Inc.

Real Estate 450

Real Estate Realty Brokerage Mortgage 450