Housing Wire

FEBRUARY 12, 2024

The worst times for mortgage originations may be over as the market appears to be turning, but it’s still an unaffordable environment for younger borrowers in particular, according to a fourth-quarter 2023 lending report from Maxwell. Loan volume between the third and fourth quarters declined by 21%, but that was far less than the 37% drop from Q3 2022 to Q4 2022, the report showed.

Bracketing 479

Bracketing Mortgage Lending Inventory 479

Real Estate News

FEBRUARY 12, 2024

Adding property management, title or other services can help a brokerage during any market by increasing revenue streams and improving customer service.

Property Management 223

Property Management Marketing Brokerage 223

Housing Wire

FEBRUARY 12, 2024

When are interest rates going to come down? Where should mortgage rates be before I buy or refinance my home? How much home can I afford today? These are just a few of the questions independent mortgage brokers get asked on a daily basis. The reality is, borrowers are rate sensitive because it’s what they’re exposed to. Mainstream media often emphasize fluctuations in rates , which causes uncertainty and apprehension among borrowers.

Mortgage 458

Mortgage Clients Business Marketing 458

Real Estate News

FEBRUARY 12, 2024

NAR and several national and local brokerages are named in the suit — the first copycat commissions case to be filed in the state.

Brokerage 236

Brokerage 236

Housing Wire

FEBRUARY 12, 2024

While aging in place is a dominant preference for seniors when compared to residing in a dedicated care facility, there are concerns that come with it. One of the biggest concerns is protecting seniors against feelings of isolation , which can be a serious threat to the well-being and cognitive function of older people. But emerging artificial intelligence (AI) technology could be put to use in efforts to mitigate concerns about isolation, according to a new article published by HomeCare.

Technology 450

Technology Design Tools Marketing 450

Real Estate News

FEBRUARY 12, 2024

Rudy Wolfs joins Anywhere as CTO while Melissa McSherry announces plans to leave COO role; Nicole Booth joins Zillow's government relations team.

Government 210

Government 210

Eyes on Housing

FEBRUARY 12, 2024

The median age of owner-occupied homes is 40 years old, according to the latest data from the 2022 American Community Survey[1]. The U.S. owner-occupied housing stock is aging rapidly especially after the Great Recession, as the residential construction continues to fall behind in the number of new homes built. New home construction faces headwinds such as rising material costs, labor.

Construction 202

Construction 202

Housing Wire

FEBRUARY 12, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. If you’re returning to the classroom to launch a new career, this guide will help you find the best online real estate school and program for your learning style, budget, schedule, and career goals. We’ve thoroughly researched countless real estate schools across the country, evaluating course features, formats, study tools, pass rates, pricing, u

Real Estate 440

Real Estate Real Estate Agent Agents Tools 440

Inman

FEBRUARY 12, 2024

Brokerage leaders are still waiting to see the returns on their 2023 technology investments, according to the latest results from the Inman Intel Index. Read on for the biggest takeaways.

Brokerage 191

Brokerage Technology Investing Real Estate 191

Housing Wire

FEBRUARY 12, 2024

The median U.S. asking rent reached $1,964 in January, rising by 1.1% year over year, according to a Redfin report. While rent growth was positive in January, it remains a far cry from the double-digit growth recorded during the early stages of the COVID-19 pandemic. As landlords grapple with higher vacancy rates, they don’t have the leverage necessary to command high rent prices.

Landlords 428

Landlords Construction Mortgage Marketing 428

Inman

FEBRUARY 12, 2024

The complaint — one of nearly two dozen targeting real estate's long-standing commission-sharing structure — alleges that “most” buyer agents will steer clients away from listings that offer a lower commission.

Real Estate 187

Real Estate Clients Agents Buyers 187

Housing Wire

FEBRUARY 12, 2024

The Federal Financial Institutions Examination Council (FFIEC) on Monday issued a statement outlining examination principles related to valuation and appraisal discrimination or bias in residential lending. FFIEC is a federal interagency coalition consisting of the Federal Reserve Board of Governors (FRB), the Federal Deposit Insurance Corp. (FDIC), the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC) and the Consumer Financial Protection Bureau (C

Valuation 420

Valuation Appraisal Law Design 420

Inman

FEBRUARY 12, 2024

As we step into 2024, the luxury real estate market presents a vibrant picture of renewed hope and enthusiasm among high-net-worth consumers, setting the stage for a renaissance in the world of luxury living.

Real Estate 180

Real Estate Marketing 180

Housing Wire

FEBRUARY 12, 2024

Shannon Robinson has been serving as vice president for the reverse mortgage division at New American Funding (NAF) for just over a year, a time that was marked by a lot of challenges across the reverse mortgage. Some of these challenges, especially in relation to historic interest rate increases, were out of the industry’s control. But a new year brings new opportunities, and the NAF reverse mortgage division is bullish about its own prospects and the prospects of the industry as a whole in 202

Business 410

Business Loan Officers Clients Mortgage 410

Inman

FEBRUARY 12, 2024

It's incredibly frustrating to see how misunderstood and divisive DEI efforts are, broker Janel Randall writes. Real estate professionals work every day to debunk myths around Black homeownership.

Real Estate 175

Real Estate Brokerage Agents Marketing 175

Housing Wire

FEBRUARY 12, 2024

Roughly 10 months since first expanding into Florida , Ryan Serhant’s eponymous brokerage is expanding into its third market in the state. In early February, SERHANT. announced the addition of the Orlando-based team, The Home Squad , to its roster. The team’s 16 agents are SERHANT.’s first in Orlando. Previously, the brokerage only operated in the Miami and Palm Beach County markets.

Real Estate 410

Real Estate Marketing Brokerage Realty 410

Inman

FEBRUARY 12, 2024

Frances Katzen and Courtney Poulos talk with moderator Dana Cadena about the importance of buyer representation, understanding your contracts, professionalism in the industry and more at ICNY.

Contracts 170

Contracts Buyers Agents 170

Housing Wire

FEBRUARY 12, 2024

The series of lawsuits that have been shaking the real estate industry for the past several months have all revolved around the same issue: Realtor commissions. In the Sitzer-Burnett case, plaintiffs successfully argued that real estate commission rates were too high. They also alleged that the National Association of Realtors ’ (NAR) Code of Ethics, the MLS handbook and real estate brokerages ’ practices have led to an artificial inflation of commission rates.

Real Estate Agent 410

Real Estate Agent Realtors Real Estate Brokerage 410

Inman

FEBRUARY 12, 2024

Team Stevens, led by Lee Stevens, is one of the highest-earning teams in the state of Nevada, with $126.5 million in closed sales volume across 269 sides in 2023.

Realty 174

Realty Brokerage Agents 174

Housing Wire

FEBRUARY 12, 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. The CE Shop offers convenient online real estate courses in 45 states, and these can be completed at your own pace. In business for close to two decades, The CE Shop offers real estate exam prep, continuing education, and broker licensing courses, plus programs for prospective mortgage and appraisal professionals.

Real Estate 410

Real Estate Agents Design Real Estate Agent 410

Inman

FEBRUARY 12, 2024

U.S. commercial real estate commissions could show the way forward for residential buyer commissions. Joe Rath from Redfin, Russ Cofano of Collabra Technology, Ed Zorn from CRMLS and moderator James Dwiggins discuss how at Inman Connect New York.

Buyers 166

Buyers Real Estate Technology Brokerage 166

Housing Wire

FEBRUARY 12, 2024

New Jersey-based mortgage lender The Money Store named industry veteran Coleen Bogle as chief marketing officer, the company announced on Monday. The hiring follows changes in marketing leadership at other mortgage companies, including Guild Mortgage and Rocket Companies. Bogle was at Chicago-based retail shop Draper and Kramer Mortgage Corp.

Marketing 409

Marketing Loan Officers Advertising Retail 409

Inman

FEBRUARY 12, 2024

Investors pushed shares in the Dallas-based mortgage loan servicer to a new high on Friday as executives in a Q4 earnings call said they'll keep investing in technology that boosts efficiency.

Mortgage 164

Mortgage Investors Technology Investing 164

Housing Wire

FEBRUARY 12, 2024

Amanda Phillips, EVP of Compliance, ACES Quality Management In the current mortgage landscape, ensuring the highest standards of loan quality is paramount not only during the origination process but also over the life of the loan. As the mortgage industry grapples with a changing market and regulatory complexities, we sat down with Amanda Phillips, Executive Vice President of Compliance at ACES Quality Management , to discuss how lenders can foster long-term success through a robust servicing QC

Mortgage 409

Mortgage Technology Inventory Lending 409

Inman

FEBRUARY 12, 2024

The new service, available to date only in Massachusetts, where Earnnest has secured a brokerage license, is designed to alleviate the cost, management demands and above all else, legal risk of holding deposits in escrow. The company is looking to rapidly expand the list of states in which it can operate.

Legal 164

Legal Brokerage Design Technology 164

Housing Wire

FEBRUARY 12, 2024

A group of investors led by Colorado-based fund manager Proprietary Capital has completed the acquisition of multichannel lender American Financial Resources (AFR), the parties announced on Monday. The financials of the deal were not disclosed. Corey Dubnoff, who founded AFR in 1997, will remain as chief administrative officer, and Tim Yanoti will stay on as chief financial officer.

Lending 422

Lending Renovations Construction Finance 422

Inman

FEBRUARY 12, 2024

Redfin will provide air quality risk data for every listing on its app and website, alongside data for wildfire, flood, wind and extreme heat.

Brokerage 174

Brokerage 174

Housing Wire

FEBRUARY 12, 2024

Mortgage rates continued their downward trajectory at the start of 2024, incentivizing homebuyers to apply for loans. Meanwhile, an easing of the inventory shortage foreshadows the possible return of a stable housing market. Lock volume increased by 36% between December and January, driven by a 38% seasonal increase in purchase lock volume, according to Optimal Blue ’s Originations Market Monitor report.

Housing Market 409

Housing Market Marketing Government Inventory 409

Inman

FEBRUARY 12, 2024

Tune in to Inman Access to watch Joe D'Urso and Jason Bilbruck as they discuss the benefits of bringing ancillary services in-house.

Brokerage 171

Brokerage 171

Housing Wire

FEBRUARY 12, 2024

Zillow Group appointed Nicole Booth, a 2023 HousingWire Vanguard , as head of public policy and operations. Booth will join Zillow’s government relations and public affairs team, spearheaded by Jennifer Butler. “I am excited and honored to join such an innovative team dedicated to shaping the future of housing for all consumers,” Booth said on social media. ”I am looking forward to contributing to meaningful change and growth and lead our Public Policy initiatives across all housing verticals.

Real Estate 406

Real Estate Government Modernization Mortgage 406

Inman

FEBRUARY 12, 2024

The Realtor.com parent company saw revenue declined 13 percent to $127 million in the fiscal second quarter. Mobile and website annual traffic growth remained flat — an improvement from Q1's 12 percent loss. News Corp CEO Robert Thomson said he's hopeful about the portal's trajectory as the U.S. housing market improves.

Housing Market 142

Housing Market Marketing Real Estate Technology 142

Housing Wire

FEBRUARY 12, 2024

Anywhere Real Estate’s executive team will soon have new faces. The firm announced Monday that it had named Rudy Wolfs as its chief technology officer, and that Melissa McSherry is stepping down from her role as the real estate behemoth’s chief operating officer. Wolfs appointment is effective Feb. 22, 2024, while McSherry’s final day as COO will be Feb. 26, although she will stay on as a strategic adviser until April 1, 2024. “I am proud of our ability to continue to attract innovative le

Real Estate 410

Real Estate Technology Brokerage Business 410

Inman

FEBRUARY 12, 2024

Knowing who you're talking to in your marketing gives you a greater ability to craft and target your messaging. Digital marketing expert Marci James shares strategies for crafting an effecti client avatar.

Clients 149

Clients Real Estate Marketing Agents 149

Housing Wire

FEBRUARY 12, 2024

This year looks to be big for regulatory change , particularly for servicers, with potential changes coming for the VA servicing program, the CFPB’s Regulation X and the FHA’s partial claim process, among others. Sandra Madigan, head of mortgage servicing product strategy and development, ICE Mortgage Technology “As a servicer, when you are faced with this amount of potential regulatory change, it really does take a small army of people to adapt and confirm that you have the systems and the proc

Technology 398

Technology Clients Development Mortgage 398