Housing Wire

MAY 5, 2021

Rocket Mortgage originated more than $100 billion in mortgages for yet another quarter, but profit margins are trending down. And the country’s largest mortgage lender expects a good-sized slowdown in the second quarter of 2021. The post Rocket Mortgage prepares for a slowdown appeared first on HousingWire.

Mortgage 421

Mortgage Real Estate Agent Real Estate Clients 421

Housing Wire

MARCH 5, 2024

Mortgage assumption is a niche option that gained momentum in 2023. An assumable mortgage enables a qualified buyer to take over a seller’s mortgage terms, including the existing balance and interest rate. trillion in mortgages were originated in 2020 and 2021, the Mortgage Bankers Association (MBA) reported.

Mortgage 432

Mortgage Buyers Agents Real Estate Agent 432

Housing Wire

FEBRUARY 6, 2024

The three main categories of fraud impacting victims were seller impersonation fraud , fraudsters impersonating the title agency and tricking buyers to wire their down payment to a fraudulent account, and fraudsters impersonating lenders and sending title companies fraudulent mortgage payoff instructions.

Real Estate Agent 416

Real Estate Agent Real Estate Sellers Buyers 416

Housing Wire

DECEMBER 13, 2021

Consumers have flipped the script on lenders and real estate agents when it comes to the home-buying process. Ninety percent of consumers start their home search online and many get prequalified for financing before they even reach out to a real estate agent. Technology plays a vital role in this.

Real Estate 421

Real Estate Real Estate Agent Agents Clients 421

Housing Wire

APRIL 22, 2024

“If you’re a brokerage, and you don’t have a team model within your brokers, I would actually use that starting today because you’ll generate a lot more profit from that team than you will with the independent agents,“ Djon said. The change would go into effect in mid-July 2024 if the settlement is approved by a judge.

Brokerage 381

Brokerage Real Estate Realtors Real Estate Agent 381

Housing Wire

JANUARY 17, 2024

2 However, these potential clients will also face challenges — namely market volatility, unpredictable interest rates and limited purchasing power due to increasing debt. They own the home with their name on the title, as with any mortgage, traditional or reverse.

Finance 453

Finance Real Estate Agent Real Estate Insurance 453

Housing Wire

APRIL 22, 2024

As an introverted real estate agent and coach, I know firsthand how challenging networking can be. I started Move Over Extroverts to teach other agents how to face their fears and clear this common hurdle. Buddy up with a mortgage lender, insurance rep, or real estate attorney and work the room together.

Real Estate 384

Real Estate Real Estate Agent Agents Training 384

Housing Wire

JANUARY 10, 2024

.” Many of the individual agents in the study had other full-time jobs as “teachers, government workers, restaurant servers, commercial employees, and a large number in associated industries – mortgage lending, real estate appraisal, commercial and residential investment, and the practice of real estate law.”

Agents 430

Agents Real Estate Real Estate Agent Training 430

McKissock

JANUARY 5, 2021

Real Estate Career Goals For 2021. ” A lot of real estate agents stated that they wanted to “earn more” in the new year than they did in the previous year. “To full-time draftsman to full-time real estate agent/investor by the end of 2021.”

Real Estate Agent 79

Real Estate Agent Real Estate Agents Clients 79

Housing Wire

JUNE 30, 2021

The wholesale channel will continue to grow as more retail originators and borrowers learn the benefits of working with a mortgage broker. United Wholesale Mortgage (UWM) is solely focused on growing the wholesale channel and helping independent brokers thrive. “At 1 wholesale mortgage lender in the nation for six years running.

Tools 306

Tools Training Technology Clients 306

Housing Wire

APRIL 22, 2024

Check out Wise Pelican Typically, you’d mail the just sold letter to homeowners who live around a property you just helped your client to sell. Buyer’s agents who can find their clients a home that’s not even on the market are instant heroes. While some agents choose to handwrite these, it can be time-consuming.

Real Estate 387

Real Estate Open Houses Brokerage Real Estate Agent 387

Housing Wire

MARCH 11, 2022

Last week, Fairway Independent Mortgage Corporation announced the hiring of Tane Cabe as its new reverse business development manager with a focus on Home Equity Conversion Mortgage (HECM) for Purchase (H4P) business. And so, they know the local real estate agents. Diagnosing low H4P uptake. Harlan Accola.

Business 360

Business Real Estate Agent Real Estate Loan Officers 360

Housing Wire

NOVEMBER 8, 2023

Here’s a financial checklist that real estate agents and mortgage professionals should complete before the end of the year for more success and financial security in 2024. Here are a few to consider: Education: Costs for continuing education , training, books and conferences.

Advertising 446

Advertising Insurance Real Estate Agent Business 446

Housing Wire

OCTOBER 22, 2021

There are many more moving pieces and loan originators spend a great deal of time communicating with clients and their real estate agents. Rocket Pro TPO helps accelerate the entire mortgage process with underwriting speed and by offering brokers’ clients the information they need in a concise and clear format. .

Tools 376

Tools Clients Technology Real Estate Agent 376

Housing Wire

AUGUST 1, 2023

When the Federal Reserve slashed interest rates to zero on March 15, 2020 and set off an extraordinary real estate boom, Rocket Mortgage was ready. But more than 80% of Rocket’s volume during those years came from refinancings, data from Inside Mortgage Finance (IMF) showed. billion in profit in 2020 and $6.1

Loan Officers 367

Loan Officers Retail Real Estate Agent Real Estate 367

Housing Wire

NOVEMBER 23, 2022

Mortgage rates for a 30-year fixed-rate loan are hovering around 7% levels and still-high home prices are slashing purchasing power. What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. It’s a terrible time for homebuyers. in the second year.

Buyers 473

Buyers Marketing Sellers Loan Officers 473

Housing Wire

FEBRUARY 28, 2021

Despite low inventory, the housing market is expected to remain strong in 2021 due to low mortgage rates. Real estate brokers need to be able to target these clients effectively, so they can close deals quickly. Many real estate professionals discount the seller lead. Charles Williams, Founder & CEO.

Real Estate 420

Real Estate Brokerage Valuation Clients 420

Appraisal Today

FEBRUARY 17, 2023

What Appraisers Wish Real Estate Agents Understood McKissock Survey Question: “What’s one thing you wish real estate agents knew about the appraisal process? I will always remember when, many years ago, a top local real estate agent asked me why I was driving around taking photos of homes.

Real Estate Agent 52

Real Estate Agent Real Estate Appraisal Agents 52

Housing Wire

MAY 10, 2022

Eric Hill, an Atlanta real estate agent representing a nationwide homebuilder, had a plan to help more than 100 homebuyers get mortgages. In the end, some $850,000 in claims had to be paid on defaulted government-backed mortgages insured by the Federal Housing Administration (FHA).

Mortgage 396

Mortgage Marketing Finance Insurance 396

Housing Wire

FEBRUARY 11, 2022

Apart from selling produce that is popular in former Soviet countries, these stores represent a marketing opportunity for Alex Naumovych, a loan officer at Draper and Kramer Mortgage Corporation. According to the Mortgage Bankers Association ’s yearly forecast, purchase mortgage originations are expected to grow by 9% to $1.73

Marketing 397

Marketing Real Estate Agent Loan Officers Advertising 397

Housing Wire

MARCH 24, 2021

A week after the deadline to pick sides in United Wholesale Mortgage ‘s “all-in” ultimatum to mortgage brokers, Fairway Independent Mortgage is speaking out. Real estate agents and LOs: the great collaboration. “I would say it’s in every mortgage broker agreement.

Real Estate Agent 384

Real Estate Agent Retail Real Estate Design 384

Housing Wire

APRIL 20, 2022

Bonnie Williamson never intended to be a real estate agent. As more and more people enter the real estate industry – membership at the National Association of Realtors has ballooned to a record 1.6 For brokerages – and agents themselves – transaction sides and sales volume are easy ways to measure productivity.

Real Estate Agent 411

Real Estate Agent Real Estate Agents Brokerage 411

Housing Wire

NOVEMBER 30, 2021

Mortgage rates? a broker or an agent, having a deep knowledge of your market is impressive. Your agents are trained on market activity and are seen as trusted sources. . Agents, one of the biggest factors in property sales is pricing. Guiding your clients to a price?that market experts are rolling out?all

Real Estate 441

Real Estate Agents Real Estate Agent Business 441

Housing Wire

FEBRUARY 14, 2022

Alipour gushed about Redfin’s training program, and she accessed maternity leave benefits other agents lack. But what makes Redfin different – what makes it radically, transformatively different – is that it classifies real estate agents as employees. Redfin was an amazing place to start my real estate career.

Business 370

Business Brokerage Real Estate Agent Agents 370

Housing Wire

APRIL 29, 2022

How Mortgage as a Service Levels the Playing Field for Minority and First-Time Homeowners. This white paper explores the benefits of closing the homeownership gap, systemic mortgage industry issues, and how Salesforce is partnering with Rocket Mortgage to enable mortgage as a service and increase minority and first-time homeownership.

Real Estate 382

Real Estate Agents Brokerage Advertising 382

Housing Wire

DECEMBER 7, 2023

They’ve been focused on mortgage payoffs, although they’re getting more sophisticated on mortgage payoff payment diversion. It’s causing us in the industry — title settlement, real estate, mortgage lending, the attorneys — to rethink, can you even trust a voicemail?

Real Estate 446

Real Estate Sellers Technology Real Estate Agent 446

Housing Wire

APRIL 16, 2024

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%. according to the company.

Real Estate Agent 450

Real Estate Agent Loan Officers Real Estate Agents 450

Housing Wire

JANUARY 24, 2023

United Wholesale Mortgage ‘s (UWM) aggressive moves to gain an edge on the competition tend to provoke controversy. “It’s a risk management issue: some clients would say, ‘I understand there are some gray areas, but I’m willing to take the risk.’ Ultimately, they would be denied access to mortgages.

Lending 364

Lending Law Legal Training 364

CA Realty Training

MAY 18, 2021

How does a real estate agent help their client buy a home? You get the idea of how it all works: agent meets buyer, buyer meets home, dreams are made and you get paid! Your client’s pre-approval letter is your ticket. . Once you have found around 5-6 properties, it’s time to showcase them to your client.

Clients 42

Clients Real Estate Agent Inspection Real Estate 42

McKissock

JULY 17, 2022

Homebuying Tips to Share with Your Clients. One way to prove yourself as a credible real estate agent and win their business is to provide guidance on the best ways to secure the loans they need to get their home. Encourage your clients to do their research, shop around, and apply to various lenders for more options.

Construction 68

Construction Real Estate Agent Supply Chain Real Estate 68

McKissock

JULY 31, 2022

As a real estate agent, your goal is to help your clients feel more confident with their decisions and not have any buyers’ remorse. After stepping away from the bidding wars, and finally moving into their new homes, these clients feel that they might have paid too much. 10% wished their area had better schools.

Real Estate Agent 76

Real Estate Agent Clients Property Taxes Real Estate 76

Housing Wire

AUGUST 23, 2023

” Better is partnering with other businesses to offer services such as homeowner’s insurance and to provide access to a network of real estate agents, rather than offering these products and services directly to borrowers. The change resulted in Better’s exit from its real estate business.

Realtors 368

Realtors Technology Insurance Mortgage 368

Housing Wire

APRIL 12, 2022

Samson has a different business model and branding than Compass, but both brokerages identify as “agent-centric.”. Samson is so agent-centric, in fact, that its agents receive a 100% commission split and services like training, office desks, and help with marketing. real estate agent is in peril.

Brokerage 370

Brokerage Agents Real Estate Insurance 370

Housing Wire

NOVEMBER 3, 2023

.” Other popular answers included, ‘implementing buyer representation agreements,” “full disclosure of client options,” and “more training on our value proposition.” “We may eventually have it where buyer commissions can be rolled into the mortgage.

Real Estate 319

Real Estate Brokerage Buyers Property Management 319

Housing Wire

DECEMBER 6, 2023

As we edge towards 2024, the real estate landscape buzzes with both opportunities and uncertainties. With home prices expected to hold steady and even grow in many markets, real estate agents face a unique market shaped by shifting demographics, evolving buyer expectations and lingering economic uncertainties.

Real Estate 403

Real Estate Agents Real Estate Agent Tools 403

Appraisal Today

SEPTEMBER 22, 2023

They included appraisers, real estate agents, and someone with a week, a month, or online video training. An AMC can offer different levels to their clients, depending on how much reliability their lender customers want or need. Using MLS photos is a joke, as real estate agents don’t take photos of defects.

Appraisal 89

Appraisal Training Inspection Real Estate 89

McKissock

JANUARY 6, 2023

You should also consider non-QM lenders (non-qualified mortgage lenders). Aside from that, there are also private mortgage insurance (PMI) providers, like Radian, MGIC, or Genworth that may have open appraisal-related jobs. It is not uncommon to find appraisers with agent and broker licenses working in both fields.

Appraisal 74

Appraisal Training Lending Land Management 74