Housing Wire

JANUARY 17, 2023

The mortgage servicing rights (MSR) market has opened 2023 with a healthy volume of capital committed to purchasing the assets along with multiple sellers primed for deals — as evidenced by the $60 billion to $65 billion in MSR portfolio offerings currently out for bid, market experts say. That good news, however, is being overshadowed for now by what sources in the MSR market describe as a rumored record-sized series of planned MSR offerings that are reportedly being prepared by banking giant W

Marketing 437

Marketing Buyers Sellers Mortgage 437

The Appraiser Coach

JANUARY 17, 2023

Years ago, I went on a nation-wide tour where I met with appraisers in several cities. We discussed what I do as an appraiser and business owner, and how they. Read More.

Business 256

Business Appraisal Advertising Real Estate Agent 256

Housing Wire

JANUARY 17, 2023

Chantilly, Virginia-headquartered mortgage bank Prosperity Home Mortgage saw mortgage origination volume plummet by 40% last year — at a time when mortgage rates had more than doubled, home prices remained elevated and the market suffered from a shortage of inventory. . Prosperity, a full-service mortgage banker operating in 49 jurisdictions in the U.S., plans to invest in tech, reduce vendor costs and focus on realtor partners in 2023.

Mortgage 372

Mortgage Real Estate Real Estate Agent Realtors 372

Eyes on Housing

JANUARY 17, 2023

Over the first eleven months of 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 921,626. On a year-over-year (YoY) basis, this is 10.5% below the November 2021 level of 1,029,208. Year-to-date ending in November, single-family permits declined in all four regions. The South posted a decline of 8.4%, while the West region reported the steepest decline.

Construction 174

Construction Marketing 174

Housing Wire

JANUARY 17, 2023

The latest numbers have many in the industry starting the year on a hopeful note, with the possibility that we’ll see mortgage rates returning to the 5% range in 2023. “The 5% market’s a healthy market,” said Anna Ruotolo, branch manager and senior loan officer at Synergy One Lending. “A 5% market will be good. I think that brings enough people back into the market, [though] I do think there’s still a lot more demand than supply.”.

Loan Officers 364

Loan Officers Marketing Real Estate Agent Real Estate 364

Inman

JANUARY 17, 2023

In advance of his appearance at Inman Connect New York on Jan. 24-26, the franchisor's chief technology and digital officer told Inman what agents are asking for since the market changed.

Technology 167

Technology Agents Marketing Real Estate 167

Inman

JANUARY 17, 2023

Opendoor faces a fight for survival after "an abrupt strategy pivot" sent Opendoor into 2023 "without a proven business model." Here are the five biggest challenges facing the king of a troubled business model.

Business 165

Business Brokerage Marketing Mortgage 165

GoForrmz

JANUARY 17, 2023

Audit season is here, is your business ready? Audits are just another part of running a business - though they’re seldom the most pleasant. Whether it’s an audit from a government or industry authority, or just your own internal team conducting a process audit, they can be intimidating. But thankfully they don’t have to stall your business or take up excessive amounts of your time.

Business 146

Business Legal Clients Inventory 146

Inman

JANUARY 17, 2023

San Diego-based Splitero has secured more than $1 billion in total financing to back its model, which offers cash payments, or Home Equity Investments (HEI), to homeowners of up to $500,000 without income or credit score requirements and no monthly payments.

Finance 149

Finance Marketing Investing Technology 149

National Association of Realtors

JANUARY 17, 2023

Some appraiser-owned companies now send “data collectors” to take video, pictures, and measurements of properties instead of an appraiser. Learn more.

Appraisal 69

Appraisal 69

Inman

JANUARY 17, 2023

Luxury Presence has laid off 44 people. Founder and CEO Malte Kramer told the company it moved quickly to seize on the real estate market’s recent momentum by hiring quickly and capitalizing on available capital.

Real Estate 142

Real Estate Development Technology Marketing 142

Mortgagebroker News

JANUARY 17, 2023

At Vine Group Mortgage Alliance, mortgage agents are leveraging niche markets to grow their business amid cooler activity

Agents 64

Agents Business Mortgage Marketing 64

Inman

JANUARY 17, 2023

In the midst of one of the most confusing markets in recent history, New York City's independent brokerages led the way in agent count growth and retention — two metrics at the top of most leaders' minds as we inch closer to entering a mild recession.

Brokerage 136

Brokerage Agents Marketing Realty 136

Buys Brokers Only LLC

JANUARY 17, 2023

A plot plan is a detailed drawing of a piece of real estate that shows the property's boundaries, any structures on the property, and the property's location in relation to the surrounding area.

Real Estate 52

Real Estate 52

Inman

JANUARY 17, 2023

Lower's "mortgage as a service" platform lets brands offer digital-first mortgages through application programming interface and no-code solutions.

Mortgage 151

Mortgage Realty Buyers Insurance 151

BiggerPockets

JANUARY 17, 2023

Personal finance is what most twenty-something-year-olds overlook. Why invest, save, or cut back spending when you finally have the money that a college degree or diploma promised you? For those […].

Investing 55

Investing Real Estate Finance 55

Inman

JANUARY 17, 2023

Housle encourages players to guess the asking price of a listing in 6 guesses or less. The web browser version of the game went live this week and an app is scheduled to launch next week.

Real Estate 149

Real Estate Technology 149

BiggerPockets

JANUARY 17, 2023

Cryptocurrency is dead in the mind of most investors. What started as an awe-inspiring investment reaching massive multiples in just months, quickly became a subject of contention within the investing […].

Investing 55

Investing Investors 55

Inman

JANUARY 17, 2023

As a leader, you need to focus more on systems and processes and let your agents determine their own ways of ensuring accountability and motivation, writes Adam Hergenrother. Now is the time for prescriptions rather than descriptions, the what rather than the how.

Agents 144

Agents 144

BiggerPockets

JANUARY 17, 2023

The rapid price boom many housing markets experienced during the pandemic is slowing down, and many economists expect a housing market correction. The good news is that the housing market isn’t expected […].

Housing Market 54

Housing Market Marketing 54

Inman

JANUARY 17, 2023

With the tagline, "The right agent can lead the way," the campaign includes broadcast spots and digital assets that emphasize RE/MAX agents as experienced real estate professionals equipped to help consumers through any market.

Agents 139

Agents Real Estate Marketing Advertising 139

Mortgagebroker News

JANUARY 17, 2023

Despite challenges ahead, there's also a chance for brokers and agents to shine in 2023, executive says

Brokerage 61

Brokerage Agents 61

Inman

JANUARY 17, 2023

Redfin's CEO told the "AP" he wishes he'd closed RedfinNow earlier than during the market correction taking place, calling the business model too risky and expensive.

Business 139

Business Marketing Technology Brokerage 139

Mortgagebroker News

JANUARY 17, 2023

"We always have to make sure that we're doing it safely, securely, and in the best interest of our consumers"

Mortgage 56

Mortgage 56

Inman

JANUARY 17, 2023

The next few years appear to be "in solid shape" for off-campus student housing as students flock back to campus and send the demand upward, according to a new report.

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124

Mortgagebroker News

JANUARY 17, 2023

"Bold action" needed to ensure availability and affordability

Government 63

Government 63

Inman

JANUARY 17, 2023

The market isn't done falling but could soon stabilize, according to a survey of real estate executives and economists conducted by Point.

Real Estate 160

Real Estate Marketing Mortgage 160

Mortgagebroker News

JANUARY 17, 2023

Annual price growth cooled in the final month of 2022

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66

Inman

JANUARY 17, 2023

In good times and bad times, there are some folks you can just count on. Tell us about someone who has made a difference in your career.

Agents 126

Agents 126

Mortgagebroker News

JANUARY 17, 2023

New poll reveals widespread financial anxiety

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69

Inman

JANUARY 17, 2023

The new partnership will allow Sold.com partner agents to refer their clients more easily to Revive's renovation network.

Renovations 150

Renovations Clients Agents Home Improvement 150

Eppraisal

JANUARY 17, 2023

If you are a real estate investment property owner, you should have a professional analysis performed each year. A licensed real estate agent can perform the analysis to determine how much your property is worth and if your monthly rent is in line with market value rents. Considering selling? This information will allow you to make a sound business decision before moving forward as this spring might actually be the prime time to sell your investment property.

Investing 36

Investing Real Estate Landlords Investors 36

Will Springer Realtor

JANUARY 17, 2023

Owners planning to sell their homes should understand the market is changing – and not in their favor. Gone are the days when nearly any home put up for sale would attract a wave of interest from buyers willing to make high-priced offers without conditions. That was so 2021! Buyers are seeing this as a rare opportunity from recent years to make offers at or below the list price and negotiate on everything from home repairs to who pays closing costs.

Home Improvement 36

Home Improvement Marketing Buyers Design 36

Mortgagebroker News

JANUARY 17, 2023

Bank of Canada releases latest sentiment polling results

Business 58

Business 58