Housing Wire

MAY 28, 2024

Nominations for HousingWire’s 2024 Women of Influence award are open now through May 31st, 2024. In honor of the 2024 Women of Influence nomination period, we’re taking a look back at previous year’s winners. Click here to nominate someone.

Training 424

Training Realty Housing Market Mortgage 424

Housing Wire

MAY 23, 2024

In the first quarter of 2024, 38% of a typical household’s income was needed to make a mortgage payment on a median-priced, new single-family home in the U.S. This calculation includes median home prices , assuming a 10% down payment, as well as taxes, homeowners insurance and private mortgage insurance.

Supply Chain 358

Supply Chain Insurance Training Construction 358

Housing Wire

FEBRUARY 16, 2024

Cautious optimism is prevalent in the mortgage industry for 2024 as industry professionals anticipate the recovery of lost origination volume. We’re utilizing the latest technology to do that with video and making the training much more engaging than they were back in the Loan Toolbox days.”

Mortgage 363

Mortgage Marketing Loan Officers Training 363

Housing Wire

MAY 13, 2024

Rocket Mortgage , the third largest U.S. mortgage lender, has entered into a conciliation agreement with the U.S. Consequently, the borrowers got a mortgage from another lender on less favorable terms and higher interest rates. billion in mortgages in Q1 2024. Rocket originated $20.2

Lending 295

Lending Training Investing Finance 295

Housing Wire

MARCH 21, 2024

While reverse mortgage volume in 2024 got off to a rocky start, new data that breaks out retail Home Equity Conversion Mortgage (HECM) endorsements versus wholesale production showed that it was the former that took the bigger hit in the first month of the year, based on new data compiled by Reverse Market Insight (RMI).

Retail 341

Retail Mortgage Real Estate Agent Business 341

Housing Wire

FEBRUARY 28, 2024

Tom Davis, chief sales officer, Deephaven Mortgage Today’s market means that more borrowers have higher debt-to-income ratios, limited access to credit and are looking for alternative ways to get qualified for a mortgage. HW: What are the top three products originators should be offering in 2024?

Mortgage 339

Mortgage Investors Real Estate Business 339

Housing Wire

FEBRUARY 21, 2024

Many analysts who cover the mortgage industry believe that the worst of the current cycle may be in the rearview mirror. In 2022 and 2023, quickly rising mortgage rates and shrinking volumes sent shockwaves through the industry and prompted massive job cutbacks. According to data from the U.S.

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Housing Market Mortgage Marketing Real Estate 311

Housing Wire

JUNE 2, 2022

Logan Mohtashami: Regarding inventory, we had a slow train wreck happening for years, and I can explain in more detail. Since 2014 inventory has been falling slowly for years, then here come years 2020-2024, our most prominent housing demographic patch ever in history with low mortgage rates. What levels should we be hoping for?

Training 390

Training Inventory Housing Market Real Estate Agent 390

Housing Wire

DECEMBER 6, 2023

As we edge towards 2024, the real estate landscape buzzes with both opportunities and uncertainties. In this article, we zero in on the best real estate software for 2024, helping agents stay ahead in a market brimming with potential, yet fraught with unique challenges. When you buy through our links, we may earn a commission.

Real Estate 355

Real Estate Agents Real Estate Agent Tools 355

Housing Wire

MAY 13, 2024

Nominations for HousingWire’s 2024 Women of Influence award are open now through May 31, 2024. Women like Agnes Standowicz, VP, Underwriting Leader at United Wholesale Mortgage (UWM). Agnes Standowicz: I began my mortgage journey in my last year of college when I was hired at a small broker shop to help answer phone calls.

Technology 317

Technology Training Clients Tools 317

Housing Wire

JANUARY 29, 2024

A recent Wall Street Journal article noted that in Florida some homeowners have seen their homeowner premiums triple in the last five years and in some communities these premiums are now higher than their mortgage payments. We realize that this may appear to be a daunting task to a mortgage servicer who has always relied on one vendor in tax.

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Insurance Real Estate Technology Clients 344

Housing Wire

MAY 14, 2024

The respondents included 420 people who bought a home in 2023 or 2024, and another 500 who plan to do so in 2024 or 2025. “We We found that buyers stepping into the 2024 housing market have much to learn from previous shoppers,” the report stated.

Real Estate Agent 453

Real Estate Agent Agents Real Estate Buyers 453

Housing Wire

APRIL 19, 2024

One of the most notable surprises of 2024 has been the trajectory of mortgage rates. 31, more loan applications started coming in, and the mortgage industry breathed a sigh of relief. By Valentine’s Day, mortgage rates had climbed back above 7% again. When the average rate on 30-year loans dropped from 8.01% on Oct.

Mortgage 394

Mortgage Training Business Tools 394

Housing Wire

DECEMBER 7, 2023

6 months course access Ridgeline: All features of Base + Livestream option and Forms Training 101. Visit Website Overview The Lee Institute School of Real Estate combines professional instruction and video format training to make the concepts of the real estate business more digestible and engaging. out of 5 stars Rating: 5 out of 5.

Real Estate 326

Real Estate Real Estate Agent Law Brokerage 326

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. This is a lot different than 2008 where you needed a credit score and a heartbeat to get a mortgage. An additional 21% closed 1.5

Business 401

Business Mortgage Loan Officers Inventory 401

Housing Wire

MARCH 27, 2024

With its supercharged growth over the past two years, it is no surprise that The Real Brokerage topped the 2024 RealTrends 500 Top Movers list for both transaction side count and sales volume. Real’s big splash on the 2024 RealTrends rankings come as its agent count has soared to over 16,000 agents spread across the U.S. and Canada.

Brokerage 450

Brokerage Agents Training Business 450

Housing Wire

NOVEMBER 1, 2023

The update also includes new general lender requirements regarding staffing, training and policies to maintain seller and/or servicer eligibility. It also clarifies what portion of shared appreciation proceeds must be applied against the first mortgage loan,” the update states. 1, 2024.

Contracts 408

Contracts Training Sellers Mortgage 408

Housing Wire

APRIL 10, 2024

Nominations for the 2024 Marketing Leaders award are open now through April 30. This prestigious accolade recognizes the visionaries, innovators and strategists who have set new standards of marketing excellence in mortgage and real estate. She is always strategizing for the future to stay one step ahead of current market trends.

Marketing 317

Marketing Loan Officers Real Estate Training 317

Housing Wire

MAY 1, 2024

Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) announced a new policy on Wednesday that will enable mortgage borrowers to “request a re-assessment of the appraised value of their property if they believe that the appraisal was inaccurate or biased,” according to an announcement from HUD.

Reconsideration of Value 387

Reconsideration of Value Appraisal Valuation Realtors 387

Housing Wire

FEBRUARY 14, 2024

Analysts in the mortgage industry are projecting that 2024 will be a better year than 2023 across the board. In a HousingWire report , analyst firm Jeffries said that they believe the worst of the current mortgage cycle is behind us, and Moody’s forecasts that the Federal Reserve will decrease rates three or four times this year.

Investors 303

Investors Modernization Insurance Mortgage 303

Housing Wire

JANUARY 31, 2024

When loanDepot announced that it was the victim of a cybersecurity incident in early January, it became the fourth publicly traded mortgage or title firm to absorb an attack in as many months. The recent spate of high-profile cybersecurity incidents kicked off with a data breach at nonbank mortgage lender and servicer Mr. Cooper.

Mortgage 382

Mortgage Insurance Tools Business 382

Housing Wire

JANUARY 17, 2024

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. They own the home with their name on the title, as with any mortgage, traditional or reverse.

Finance 418

Finance Real Estate Agent Real Estate Insurance 418

Housing Wire

AUGUST 25, 2022

But there’s another threat that Homepoint executives must worry about – United Wholesale Mortgage (UWM), the top dog in wholesale, has embarked on a strategy of heavy price cutting, forcing Homepoint and others to limbo to compete for business. Mortgage executives project that number to remain steady or even tick up in the third quarter.

Mortgage 384

Mortgage Loan Officers Finance Investors 384

Housing Wire

MAY 2, 2024

Known as “Peak 65”, in 2024 more than 12,000 people per day will turn 65. A housing professional’s value proposition must extend beyond building and selling homes and originating mortgage loan transactions. Knowing what they need, what they want and what they fear is fundamental for success. The housing market has shifted.

Realtors 355

Realtors Training Real Estate Design 355

Housing Wire

NOVEMBER 30, 2023

Real Estate Law: Covers Real Estate Law and Legal areas Impacting real estate professionals Examine the law of agency as applied to real estate brokers and sales personnel, law of fixtures, estates, mortgages and liens, OH license laws of Ohio, zoning & more.

Real Estate 367

Real Estate Real Estate Agent Law Inspection 367

Housing Wire

APRIL 22, 2024

Djon spoke on Sunday during a session on lead generation at The Gathering, HousingWire ’s real estate and mortgage conference, held in Scottsdale, Arizona. The change would go into effect in mid-July 2024 if the settlement is approved by a judge. People will still need to buy a home after July.

Brokerage 328

Brokerage Real Estate Realtors Real Estate Agent 328

Lamacchia Realty

APRIL 8, 2024

has released its “Top Producing REALTORS®,” for March 2024! March 2024 Winners of the Top 10 for the Company are: Shauna Fanning has a passion and a drive for customer service and customer relations and has over 17 years in the field. Most recently, Laurie was featured on the 2024 Who’s Who List in Boston Agent Magazine.

Realtors 71

Realtors Realty Real Estate Agents 71

Appraisal Today

FEBRUARY 2, 2024

2024 Updated UAD and URAR – What does It Mean for You? The Appraisal World Is Changing January 25, 2024 Excerpts: There has been a lot of talk about the Uniform Appraisal Dataset (UAD) and Uniform Residential Appraisal Report (URAR) redesign initiative, and how it will make life easier for appraisers. What exactly does this mean?

Appraisal 66

Appraisal Contracts Training Real Estate 66

Housing Wire

FEBRUARY 20, 2024

Several historic events over the past few years have brought seismic changes to the way the mortgage lending industry operates. Today, as we face what appears to be the beginning of a modest recovery in the marketplace, we can see the effect of those events in the way mortgage lending has changed forever.

Loan Officers 355

Loan Officers Technology Lending Tools 355

Housing Wire

APRIL 20, 2023

Denver-based brokerage franchise Motto Mortgage , owned by RE/MAX , has accused broker shop UMortgage of “tortious interference” in its contract with a former franchisee called TRB Solutions, whose controlling member was Breon Price, the top-producing loan officer. He was set to hold the role until 2024, the lawsuit says.

Contracts 348

Contracts Loan Officers Legal Best Value 348

Appraiserblogs

JANUARY 31, 2024

My concern at this point is ‘training’ materials will be available in Q4 2024, but actual implementation of the ‘new reporting process’ won’t begin until Q3 2025 with limited production, into 2026. As someone who’s potentially interested in ‘training’ appraisers on the new process, it seems to me.

Training 107

Training Appraisal Design Lending 107

Housing Wire

JANUARY 9, 2024

Such funding will also directly support the work of housing counseling offering required Home Equity Conversion Mortgage (HECM) sessions. That round of funding included a specific provision to use a portion of the funds to train new HECM counselors. That goal would include “substantial growth in the reverse mortgage space,” he said.

Design 344

Design Mortgage Home Improvement Training 344

Mortgagebroker News

JANUARY 3, 2023

"This will affect every single licensee in Ontario"

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Training Mortgage 47

Housing Wire

APRIL 22, 2024

Buddy up with a mortgage lender, insurance rep, or real estate attorney and work the room together. She developed training materials, classes, and coaching programs for her fellow introverts. Use the buddy system. When you’re attending a new networking group and don’t know anyone, attend with a friend.

Real Estate 331

Real Estate Real Estate Agent Agents Training 331

Housing Wire

DECEMBER 11, 2023

Sadly, those hypotheticals are still a reality for some , even as we approach 2024. According to the CFPB, hundreds of loan officers at BofA failed to ask mortgage applicants demographic questions and falsely reported that they had chosen not to respond.” Back to Bob’s American dream. Let’s make the most of each opportunity.

Real Estate Agent 407

Real Estate Agent Real Estate Agents Lending 407

Empire Appraisal Group

MAY 9, 2024

FHA’s new requirement for lenders participating in its single-family mortgage program will enable borrowers to request a re-assessment if they believe bias was involved. Also, underwriters should be trained to identify and remedy appraisal deficiencies, including racial and ethnic bias.

Reconsideration of Value 78

Reconsideration of Value Appraisal Valuation Training 78

Housing Wire

FEBRUARY 6, 2024

In its 2024 State of Wire Fraud report, wire fraud protection firm CertifID found that nearly 25% of the 650 U.S. Mortgage payoff fraud victims had the highest median value per incident at $257,000, while wire fraud impacting victims had a median value of $72,000 and seller impersonation fraud had a median value of $70,000.

Real Estate Agent 370

Real Estate Agent Real Estate Sellers Buyers 370