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California looks poised to finally pass RON legislation

Housing Wire

It’s really a center of innovation, including for real estate technology. As amended, the bill provides that California notaries could begin to offer online notarization services beginning January 1, 2030 though stakeholders like Notarize hope it will be years earlier.

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Rocket Mortgage breaks into the solar industry

Housing Wire

According to the Detroit-based company, it will be leveraging the same technology, data and client experience used in the mortgage, real estate and personal lending spaces “to help Americans make their home more energy efficient.”. “We have a significant portfolio of clients, roughly 2.5

Mortgage 411
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Selling a Smart-Enabled Home: Best Steps Forward

Will Springer Realtor

There is another enhancement that many sellers may not consider: the addition of smart-home technology. The smart-home market is surging, with an annual global growth rate of 16% to a forecast of more than $260B in 2024 – and more than double that sum by 2030. The benefits to both current and future homeowners are innumerable.

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How to reach the growing segment of Hispanic American homebuyers in 2023

Housing Wire

By 2030, this growing sector will represent an estimated 56% of all new homeowners. Even with the introduction of more digital tools to provide home buyers with a technology-enabled user experience, Spanish-speaking borrowers often encounter obstacles to homeownership during the lending process. Across the U.S.,

Lending 377
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Underwriter shortage slowing the pace of private-label deals

Housing Wire

Employment of loan officers is projected to show little or no change from 2020 to 2030,” the BLS’ Occupational Outlook for that job category states. Despite limited employment growth, about 25,000 openings for loan officers are projected each year, on average, over the decade.

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Opinion: More can be done to shorten the average time to close

Housing Wire

One would be hard-pressed to find many title agencies that aren’t using some level of technology in that regard. Other complex and time-consuming tasks addressed by improved technology include title searches, document preparation, lien releases, and even the closing itself, as RON and digital closings gain adoption rapidly.

HOA 436
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Opinion: More should be done to shorten the average time to close

Housing Wire

One would be hard-pressed to find many title agencies that aren’t using some level of technology in that regard. Other complex and time-consuming tasks addressed by improved technology include title searches, document preparation, lien releases and even the closing itself, as RON and digital closings gain adoption rapidly.

HOA 417