Housing Wire
FEBRUARY 11, 2021
Real estate brokers are a chatty bunch, but a few can be draining socially. Discuss the weather, how your pets are handling the pandemic, even the housing market, but these brokers will steer the conversation to one subject, and one subject alone – the residential real estate brokerage Compass. Compass – the broker will lament – puffs itself up as a “tech” company, but it’s really just another brokerage.
Realtor
FEBRUARY 11, 2021
marchmeena29/Getty Images It’s a big question with no easy answer: Should you keep renting, or is it time to think about buying a home? One of the major benefits of being a homeowner is building equity with each mortgage payment, instead of putting money into your landlord’s pocket. But that doesn’t mean buying is always the best choice—as a renter, you enjoy more flexibility and avoid many of the costs that come with homeownership.
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Housing Wire
FEBRUARY 11, 2021
“Big Four” title insurer First American Financial Corp. announced a healthy $7.1 billion in total 2020 revenue in its annual earnings report, released Thursday. That’s a 14% rise year over year, according to officials. Net income was $696.4 million last year, or $6.16 per diluted share, and a pretax impairment of $54.9 million, or 45 cents per diluted share.
DataMaster
FEBRUARY 11, 2021
Intro. All appraisers have had to pick up new skills over their years of appraising. For some appraisers, implementing new technology and appraisal software is no issue because, let’s admit it, some people just “get it” when it comes to tech gadgets and software programs. But for others, implementing a new tech gadget into their process or learning to use new appraisal software is no easy feat.
Housing Wire
FEBRUARY 11, 2021
For the third week in a row, the average mortgage rate for a 30-year fixed loan remained unchanged at 2.73%, according to Freddie Mac ’s Primary Mortgage Market Survey. Even though rates remained at their record low levels, mortgage applications dipped, with some economists pointing to the overheated home prices and lack of supply for applications seesawing.
Realtor
FEBRUARY 11, 2021
marchmeena29/Getty Images It’s a big question with no easy answer: Should you keep renting, or is it time to think about buying a home? One of the major benefits of being a homeowner is building equity with each mortgage payment, instead of putting money into your landlord’s pocket. But that doesn’t mean buying is always the best choice—as a renter, you enjoy more flexibility and avoid many of the costs that come with homeownership.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
BiggerPockets
FEBRUARY 11, 2021
Erik and his wife have three big debts to tackle: their mortgage on their primary residence, their mortgage on their rental property, and a HELOC (home equity line of credit) […].
Housing Wire
FEBRUARY 11, 2021
Online retail lender loanDepot raised just $54 million by offering 3.9 million shares at $14 on Thursday, far below the range of $19 to $21 it initially had sought. The downsized offering follows a theme that’s afflicted almost all of the nonbank mortgage originators that have gone public in the last year. LoanDepot, the second-largest retail-focused IMB in the country, had initially planned to raise about $362.5 million by selling 17 million shares at $21 in an IPO.
BiggerPockets
FEBRUARY 11, 2021
As a rental property manager, optimizing the lease renewal process is incredibly beneficial for both you and your tenants. Learn how here.
Housing Wire
FEBRUARY 11, 2021
Realogy announced Thursday that it has centralized its lead programs under one roof, yet another example of streamlining and reorganization at the brokerage conglomerate over the past year. Effective immediately, the move hands the lead generation process at all franchises and Realogy companies to a 500-person team known as the Realogy Leads Group. The Leads Group will be responsible for leads from relocation management companies, mortgage lenders, consumer-based loyalty programs, and other serv
BiggerPockets
FEBRUARY 11, 2021
Realtor commissions directly affect how much money you'll make when selling your home or investing in real estate. Find out how to calculate this expense here.
Housing Wire
FEBRUARY 11, 2021
Tai Christensen, CBC Mortgage Agency’ s director of government affairs, will join other housing luminaries to discuss how lenders can increase their diversity to impact minority homeownership at HousingWire’s Spring Summit on March 4. The homeownership gap between white and Black Americans is larger than in the 1960s, and both real estate and mortgage lenders are looking for solutions.
REX Real Estate
FEBRUARY 11, 2021
Every week, it seems like Netflix releases new binge-worthy shows, and we are here…
Housing Wire
FEBRUARY 11, 2021
Freddie Mac , the second-largest mortgage financier in the U.S., said Thursday that its net income in the fourth quarter rose 18% from the prior quarter to $2.9 billion as low rates continues to boost originations. In total, the company’s net income at the end of 2020 was $7.3 billion, a 2% increase from 2019. Its net worth increased to $16.4 billion, from $9.1 billion at December 31, 2019. “In 2020, Freddie Mac continued to serve the important role for which it was founded: supporting the
Housing Wire
FEBRUARY 11, 2021
It was spring of 2020, and Keta Kosman saw a perfect storm about to collide with the lumber industry. As the COVID-19 epidemic set in, then-president Donald Trump and Canadian Prime Minister Justin Trudeau assured business leaders that, despite border closings, trade would not be impacted. The rail cars that carried lumber from the mills of Canada into the lumber yards and big box stores of America would continue to run unabated.
Housing Wire
FEBRUARY 11, 2021
The U.S. Department of Housing and Urban Development (HUD) announced Thursday it will administer and enforce the Fair Housing Act to prohibit discrimination on the basis of sexual orientation and gender identity. In a memorandum, HUD notes the policy set forth in President Joe Biden’s Executive Order 13988 on Preventing and Combating Discrimination on the Basis of Gender Identity or Sexual Orientation , which directed executive branch agencies to “examine further steps that could be taken
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