Housing Wire

FEBRUARY 10, 2023

Nonbank mortgage lender and servicer Mr. Cooper has signed a definitive agreement to acquire the investment management firm Roosevelt Management Company, LLC., the company confirmed on Friday. The deal also includes the operations for affiliated company Rushmore Loan Management Services, LLC. “This acquisition will provide us with an asset management platform to raise third-party capital on an ongoing basis from institutional investors who seek exposure to MSRs and other mortgage assets,” Chris

Investing 370

Investing Investors Insurance Government 370

Real Estate News

FEBRUARY 10, 2023

In football, a competitive drive and strong work ethic are key to success. No wonder players turn to careers in real estate, which requires similar traits.

Real Estate 264

Real Estate 264

Housing Wire

FEBRUARY 10, 2023

Nashville, Tennessee-based mortgage lender Guaranty Home Mortgage Corporation (GHMC) has rolled out its new borrower online application portal, GAssist. The portal is designed to offer GHMC partners a “unique borrower online application experience” at no additional costs. The GAssist portal will provide its partners, which include community banks, credit unions, and brokers, with tools that will allow them to better manage borrower expectations, from guided originations to processing

Retail 370

Retail Tools Loan Officers Design 370

Real Estate News

FEBRUARY 10, 2023

The latest movers: Joni Shore Group, Robyn + Rachel Group, The Barron Team, The Prince Team.

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Housing Wire

FEBRUARY 10, 2023

Beret Kechian, loanDepot ’s top producer and branch manager, is joining a slew of mortgage loan originators who are cautiously optimistic about the mortgage landscape in 2023. Kechian – who was Scotsman Guide ’s eighth top LO in 2021 – saw demand for mortgages triple after the first week of January compared to a month ago as mortgage rates declined and people adjusted to seeing rates at 6%-levels.

Marketing 370

Marketing Inventory Loan Officers Buyers 370

Eyes on Housing

FEBRUARY 10, 2023

According to the Federal Reserve Board’s January 2023 Senior Loan Officer Opinion Survey (SLOOS)—conducted for bank lending activity over the fourth quarter of last year—banks reported weaker demand for residential real estate (RRE) loans, home equity lines of credit (HELOCs), and commercial real estate (CRE) loans. Additionally, credit standards tightened across all categories of mortgage loans.

Loan Officers 162

Loan Officers Real Estate Lending Mortgage 162

Inman

FEBRUARY 10, 2023

Rising mortgage rates have many lenders looking to sell servicing rights, creating an opportunity for a Dallas-based company that now collects payments on $870 billion in loans.

Mortgage 146

Mortgage 146

Housing Wire

FEBRUARY 10, 2023

After a quarter characterized by weakening homebuyer demand and some of the highest mortgage rates seen in decade, it was no surprise that Stewart and First American recorded weaker financial results in the fourth quarter of 2022 compared to the same quarter a year ago. The two Big Four title insurers announced their fourth quarter earnings on Thursday, hosting earnings calls with investors and analysts.

Buyers 351

Buyers Housing Market Investors Insurance 351

Inman

FEBRUARY 10, 2023

Is your desire to grow your business this year? What are you doing right now that your competition isn’t? According to Jimmy Burgess, by focusing on optimizing the efficiencies in your business and serving others with the highest level of service possible, your continued success is inevitable.

Agents 148

Agents Business Brokerage Marketing 148

Housing Wire

FEBRUARY 10, 2023

The servicing portfolio propelled Mr. Cooper Group ‘s overall earnings in the fourth quarter of 2022 when cost-cutting initiatives weren’t enough to bring the origination business to profitability. And investors can expect the company to keep growing its servicing business in the months to come. Mr. Cooper reported on Friday it delivered $1 million in net income from September to December, compared to $113 million in the third quarter.

Business 345

Business Mortgage Lending Investors 345

Inman

FEBRUARY 10, 2023

New smart kitchen faucets from companies like Kohler and Moen can be controlled via voice and app on your phone, but are they worth the cost? Smart home expert Brandon Doyle compared two, and his results may surprise you.

Technology 147

Technology Agents 147

Appraiserblogs

FEBRUARY 10, 2023

On October 13, 2022, the Appraisal Subcommittee discovered a data breach that occurred on the new ASC.gov website. The incident involved Social Security Numbers. They made an announcement on January 24, 2023 and have contacted all State Appraiser Regulatory Agencies concerning the data breach. They are also notifying all individuals whose Personal Identifiable Information had potential for exposure.

Appraisal 120

Appraisal Business 120

Inman

FEBRUARY 10, 2023

After releasing an interconnected series of lead-generation services, Luxury Presence’s latest offering is a wide-ranging package of top-down marketing solutions for brokerages and agents.

Brokerage 146

Brokerage Marketing Agents Luxury Properties 146

Eyes on Housing

FEBRUARY 10, 2023

The Office of Management and Budget (OMB) has proposed new standards to determine if construction materials for federally funded infrastructure projects are made in the USA. The new guidance, required by the Infrastructure Investment and Jobs Act—also known as the Bipartisan Infrastructure Law (BIL)—“sets standards to carry out the statutory requirement that all manufacturing processes for construction material occur in.

Law 100

Law Construction Investing 100

Inman

FEBRUARY 10, 2023

It is the little things that happen every day that cause distrust and the accusation that Realtors are not professional enough. Teresa Boardman designs her dream course for raising the bar.

Design 146

Design Realtors Brokerage Agents 146

McKissock

FEBRUARY 10, 2023

At what age will you be able to retire? Could you retire right now? Should you? How can you know? If you are an independent appraiser, these can be particularly hard questions to answer, since you may be mostly or entirely responsible for setting up your retirement plan. Here are some insightful tips on how to retire, geared specifically toward real estate appraisers.

Real Estate 69

Real Estate Appraisal Investing Transportation 69

Inman

FEBRUARY 10, 2023

This week, the Redfin Homebuyer Demand Index, the brokerage's in-house gauge of buyer activity, hit its highest level since September, rising 21 percent from an October low, new data shows.

Buyers 146

Buyers Sellers Brokerage Marketing 146

Lamacchia Realty

FEBRUARY 10, 2023

Behind the incredible REALTORS® of Lamacchia Realty is a team of over 75 staff members that work tirelessly to support, propel, and operate the independently owned brokerage. Each and every staff member plays an integral role in the continued success of the quickly growing company. Lamacchia Realty views its staff members in the highest regard, fostering the values the full service, value-based brokerage prides itself on.

Realty 74

Realty Brokerage Finance Realtors 74

Inman

FEBRUARY 10, 2023

A Connecticut estate made headlines in 2014 when it sold for a then-record $120 million, making it America's priciest home sale at the time. Now its owners are giving it a shot on the market for $30 million more.

Marketing 144

Marketing Realty Buyers 144

McKissock

FEBRUARY 10, 2023

At what age will you be able to retire? Could you retire right now? Should you? How can you know? If you are an independent appraiser, these can be particularly hard questions to answer, since you may be mostly or entirely responsible for setting up your retirement plan. Here are some insightful tips on how to retire, geared specifically toward real estate appraisers.

Real Estate 52

Real Estate Appraisal Investing Transportation 52

Inman

FEBRUARY 10, 2023

Move Inc. revenue fell $23 million in Q4, due to a drop in home sales and referral revenue, according to earnings on Thursday. The company confirmed it was in talks with CoStar about a potential sale.

Real Estate 143

Real Estate Technology Brokerage Agents 143

Appraisal Today

FEBRUARY 10, 2023

Fastapp AMC Alleged Violations of AIR (Appraiser Independence Requirements) Excerpts: The following court documents in the case Naftali Horowitz v. Nicole Andrews, Fastapp AMC founder v. Fastapp AMC president, confirm what appraisers have been saying all along, that if you want high-volume AMC work, you have to lower your fees to 1980’s level, have 24 hour turn times, and, above all, be a number hitter.

Appraisal 52

Appraisal Contracts Architecture Mortgage 52

Inman

FEBRUARY 10, 2023

A highly livable city with space to spread out suddenly becomes attractive to wealthy, out-of-state buyers who can now work remotely and have the purchasing power to snatch up the home that suits them. What will happen to the market in 2023?

Buyers 137

Buyers Marketing Realty Real Estate 137

Mortgagebroker News

FEBRUARY 10, 2023

The ability of agents and brokers to educate clients has never been more important, says Mortgages Lab CEO

Mortgage 69

Mortgage Clients Agents 69

Inman

FEBRUARY 10, 2023

Shares in Hubzu operator touched a new 52-week low Friday after the company released details of its plan to pay off a portion of its nearly $200 million in debt.

Mortgage 134

Mortgage 134

National Association of Realtors

FEBRUARY 10, 2023

In response to the Appraisal Subcommittee's hearing on appraisal bias, NAR stated its commitment to fair housing and efforts to confront racial bias and discrimination in real estate.

Appraisal 50

Appraisal Real Estate 50

Inman

FEBRUARY 10, 2023

The largest multiple listing services in one of the nation’s most sought-after home markets is now helping its members market themselves through video.

Real Estate 148

Real Estate Marketing Technology 148

Mortgagebroker News

FEBRUARY 10, 2023

The central bank's rate moves have recently drawn the ire of some mortgage professionals

Mortgage 69

Mortgage 69

Inman

FEBRUARY 10, 2023

Nicole Aissa will oversee agent growth and development at Red Oak. She previously worked as an operating principal at Keller Williams.

Realty 146

Realty Development Agents Brokerage 146

Mortgagebroker News

FEBRUARY 10, 2023

TD Economics weighs in on the factors that will influence the rate of new listings

New Listings 65

New Listings 65

Inman

FEBRUARY 10, 2023

Clever Real Estate finds its leads with extensive content marketing to educate consumers on a vast range of real estate topics.

Real Estate 146

Real Estate Marketing Technology 146

Mortgagebroker News

FEBRUARY 10, 2023

The Canadian economy remains resilient in the face of interest rate hikes

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Inman

FEBRUARY 10, 2023

Catch up on all of the latest news and this week's most-read stories. It's Inman's Top 5 for the week of Feb. 3-9, 2023.

Agents 145

Agents 145

Eppraisal

FEBRUARY 10, 2023

The real estate market is expected to change in 2023. The National Association of Realtors (NAR) reports that "the median home value in 2022 was $386,300, up 10.2% from 2021 and the highest on record." It is predicted to balance out this year but depends on the market you live in. If you are thinking of selling your home, you will want your real estate agent to do an exceptional job when it comes to marketing your home.

Technology 41

Technology Real Estate Agent Real Estate Agents 41