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Northpointe Bank to shutter its correspondent lending business

Housing Wire

Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business. Northpointe was the 24th largest correspondent lender , according to Inside Mortgage Finance.

Lending 359
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Real estate agents are bracing for the impact of the commission lawsuits

Housing Wire

Todd Alperin, a Better Homes and Gardens Real Estate The Masiello Group agent based in Southern New Hampshire, has had similar feedback from his clients who know about the commission lawsuits. A wise agent right now is talking to buyers and sellers,” Brown said.

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How the homeowner management approach builds a moat around real estate businesses

Housing Wire

It’s fair to say that almost everyone living in a home today worked with a real estate professional to purchase or mortgage their home. Historically, though, professionals let their clients go after the transaction is complete rather than building a moat around the client that assures future transactions.

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A loan officer’s ultimate guide to appraisal modernization

Housing Wire

Fast forward to 2022 and Freddie Mac announced the availability of ACE+ PDR for cash-out refinance and certain “no cash-out” refinance mortgages. But volume dried up as mortgage rates continued to increase, crossing the 5% threshold in April 2022 (sounds nice now, doesn’t it?).

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10 best real estate software solutions for agents in 2024

Housing Wire

This combination is highly effective for agents needing to keep track of the latest MLS listings and manage client relationships efficiently. Buying Options See Details Pros + Cons Pros: Custom client CRM pipelines Built-in hyperlocal SEO features Option to book a demo Cons: Minimum of 10 users required.

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The evolution of the more productive real estate agent 

Housing Wire

But with rising mortgage rates, still-rising home prices, and record-low levels of inventory, this might be easier said than done. Other firms, such as Sotheby’s and Century 21 , have their own platforms to help agents manage and organize everything from client relationships and documents to social media marketing campaigns.

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9 Things Clients Expect from Their Real Estate Agent

McKissock

To help make their process as seamless as possible, connect your client with a lender and secure mortgage pre-approval before flipping through hundreds of listings. As successful real estate agents, your quick wit and negotiation skills are paramount when closing deals for your clients. Handle Negotiations and Close the Deal.