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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

Housing Wire

Mortgage pros have closely monitored the commission lawsuit developments since a Kansas City, Missouri jury determined that NAR, HomeServices of America , and Keller Williams conspired to inflate or maintain high commission rates through NAR’s so-called Participation Rule.

Buyers 501
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Mortgage rates are the highest they’ve been this year. Did loan officers expect this?

Housing Wire

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. A little more than two months into the year, however, mortgage rates are the highest they’ve been as the U.S.

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Guaranteed Rate’s new mobile app allows LOs to provide 24/7 service

Housing Wire

The PowerVP app will create new loans; invite customers to complete a digital mortgage; send a one-click conditional approval letter; lock in rates ; obtain real-time pricing and run a credit report, the company said in a release. It’s now entirely possible for us to qualify buyers for their dream home by the time they leave the open house.

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Polly adds Total Expert to its API integration roster

Housing Wire

Through this API integration, users can populate MLS and non-MLS rate flyers in a short period of time using “real-time, scenario-specific mortgage offers” delivered through Polly’s cloud-native Product and Pricing Engine (PPE), according to a prepared statement.

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9 Things to Know Before Selling a Home For Sale by Owner

Raleigh Realty

You manage the marketing, showings, open houses, and all other aspects of the sale To those who have bought and sold several houses in the past or have a real estate background, this may be another enticing aspect of going for sale by owner route. This may be a themed open house that involves food, entertainment, etc.

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Get more real estate buyer leads in 2024

Housing Wire

Forming partnerships with mortgage brokers can be mutually beneficial. More tools to help agents get more real estate buyer leads in 2024 Use this tool: Coffee & Contracts Coffee & Contracts is like a social media toolkit for real estate agents.

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Top Ten Reasons Why It Is Great to be an Appraiser!

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on AMC fees, Real estate forecast, Google Business Profile, unusual homes, mortgage origination stats, etc. Direct lender (and mortgage broker) fees had slight declines and increases, whatever happened to the number of originations. =