Mon.Mar 20, 2023

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Opinion: Stop speaking mortgage to your clients

Housing Wire

Imagine if you can: It is Friday. You are out to dinner. You have looked forward to this night out since Monday. The hostess greets you with the following: “Good evening. I need to let you know that some of our BOH are absent. We 86’d a third of the menu in order to not mispack anything. To reduce the number of one-stars, all of our dishes will be served SOS.

Mortgage 378
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Kamini Lane named president and CEO of Coldwell Banker Realty

Inman

Lane's appointment comes after M. Ryan Gorman's abrupt ouster as CEO in December. The brand also announced that Liz Gehringer would take on an expanded role as president and CEO of Anywhere Franchise Brands, the company exclusively told Inman.

Realty 158
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Opinion: The Fed broke the banks. What’s next for mortgage?

Housing Wire

It is often said that the Fed raises interest rates until something breaks. Many have already pointed to the failures of Silicon Valley Bank , Silvergate Bank , and Signature Bank as evidence that the Fed “finally broke something.” While the failure of these institutions appears to have occurred without warning, the truth is that warning signs were there all along.

Mortgage 373
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Households Priced Out by Higher Interest Rates

Eyes on Housing

New NAHB 2023 Priced-Out Estimates show that 96.5 million households are not able to afford a median priced new home, and that additional 140,436 households would be priced out of the new home market if the price goes up by $1,000. This post presents details regarding how interest rates affect the number of households that could be priced out of.

Marketing 151
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Flagstar acquires $38B in assets, assumes $34B deposits from Signature

Housing Wire

Flagstar Bank , a top-20 U.S. mortgage lender owned by New York Community Bancorp, announced on Sunday that it has assumed most deposits and acquired certain assets, business lines and liabilities of Signature Bridge Bank, N.A. from the Federal Deposit Insurance Corporation (FDIC). Signature Bank, a New York-based large multifamily lender that disastrously bet big on crypto , collapsed last week after lacking liquidity amid a deposit run.

Mortgage 336
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5 inspiring home staging trends for spring

Inman

Rather than viewing it as an obligation, staging should be seen as an opportunity to be your most creative, inspired, and visionary self as you help your sellers wow potential buyers.

Sellers 148

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How GoFormz Can Help Your Ag Business

GoForrmz

Introduce digital forms to your agriculture operational processes Digital forms are revolutionizing the way growers and ag professionals are doing business. These forms offer a practical and effective alternative to conventional paper-based forms. From collecting critical information in the field to monitoring administrative paperwork in the office, digital forms have made the agriculture industry more precise in their data capture and efficient in their operations.

Business 146
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Guild CEO Mary Ann McGarry announces retirement

Housing Wire

Retail lender Guild Mortgage announced Monday that Mary Ann McGarry is retiring from the CEO position in late June, remaining on the California-based lender’s board of directors after retirement. Terry Schmidt, Guild’s current president, is the successor. McGarry joined Guild in 1984 as a supervisor in internal audit and held several leadership positions until promoted to president in 2005 and CEO in 2007.

Mortgage 324
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Long & Foster co-founder P. Wesley ‘Wes’ Foster Jr., dies at 89

Inman

The brokerage Foster co-founded with Hank Long became known as a giant independent firm across the Mid-Atlantic region, and a pioneer of the "one-stop-shop" brokerage model.

Brokerage 148
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Frontwave integrates the Black Knight digital ecosystem

Housing Wire

Black Knight, Inc. on Monday announced that Frontwave Credit Union will now implement Empower, Black Knight’s cloud-based loan origination system, and its integrated solutions, for the expansion of its mortgage lending operations. The integration with Black Knight’s digital ecosystem will give Frontwave access to technology, data and analytics solutions.

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Fill your pipeline with this AI tool

Inman

Recently, LocalizeOS CEO Omer Granot sat down with Inman’s tech columnist Craig Rowe to demonstrate how the hunter AI solution helps agents, teams, and brokerages achieve more.

Brokerage 147
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How soon is the Bank of Canada likely to slash rates?

Mortgagebroker News

68
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The tug-of-war between millennials and boomers heats up this spring

Inman

Five real estate experts explain how rising mortgage rates, inflation and economic uncertainty could impact baby boomers and millennials this spring and how both groups can succeed in the short and long term.

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Canadian mortgage market: How will it play out in the coming months?

Mortgagebroker News

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Collabra launches ‘Credit Karma for real estate’ social media tool

Inman

"SphereBuilder" is designed to help real estate professionals figure out if their social media marketing is effective. The first tool will roll out in Denver, Colorado, and Huntsville, Alabama, the company said.

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Spring Cleaning That Can Add Value

Town & Country Residential Appraisals

It’s that time of year when spring cleaning gets added to your “To Do” list. Here are some tips that can help not only freshen your home but add some value. If you are looking to sell soon, these ideas will make your home more marketable. Declutter- A clean and organized home looks more valuable and appealing to potential buyers. Start by decluttering your home and getting rid of any items that are no longer needed.

Buyers 61
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Credit Suisse acquired by rival UBS in biggest bank merger since 2008

Inman

The acquisition by UBS, one of the largest real estate asset managers in the world, is intended to help contain the crisis of confidence spreading across international financial markets.

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CMAs return on April 20 – book your table now

Mortgagebroker News

64
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Guild’s McGarry will hand CEO reins to Terry Schmidt, her 1st hire

Inman

Terry Schmidt was Mary Ann McGarry's first hire at Guild in 1985, and the two led a 2007 management buyout of the company from founder Martin Gleich.

Mortgage 144
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Hotels vs Airbnb in the US: Which Do Travelers Prefer in 2023?

Mashvisor

In the US, travelers have had the option of picking between hotels vs Airbnb for their travel accommodations for more than ten years and counting.

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QUIZ: Who’s your perfect client?

Inman

Zeroing in on your ideal client, and determining how to help them, will allow you to develop better marketing strategies and make you more effective once you’ve connected.

Clients 137
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Can Money Be Saved Selling By Owner?

Hank Miller Team

Selling your home by owner, also known as For Sale By Owner (FSBO), is appealing to some in this exceptionally robust market. Not dealing with agents is nice, but can money be saved selling a home by owner? About 7 of homes nationally sold without a listing agent, of those over half were between parties that already had the transaction arranged. Data shows that around 25 of FSBOs don't sell; and for those that do, they sell between 6-26 less than agent assisted homes.

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JPAR agents to benefit from insurance integration with Bubble

Inman

Bubble, the technology-blended insurance brokerage, provides clients of JPAR with a web-based series of solutions for home, auto and life insurance.

Insurance 144
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New to Gathering of Eagles? Here’s what you need to know

Housing Wire

If you’ve never attended Gathering of Eagles before, 2023 is your year to come forge opportunities with us and all your fellow colleagues in the real estate industry. Gathering of Eagles kicks off on June 18 in Austin, Texas. This conference brings together leaders from across the housing industry. Attendees will learn about trends in real estate, best leadership practices and future opportunities in the space.

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Adfenix rebrands as Realforce to meet agent marketing needs

Inman

A real estate branding and advertising company based in Sweden has rebranded from Adfenix to Realforce to match growing service offerings.

Agents 146
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Exec on how mortgage professionals should continuously refine their approach

Mortgagebroker News

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Generate leads 24/7: How to build your website with your expertise

Inman

When you’re putting together your website, every word counts. In Part 1 of our five-part content marketing game plan, Christy Murdock shows you how to ensure that your site is communicating effectively on your behalf.

Marketing 134
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A conversation about the risks of repurchases

Valuation Review

A look at repurchases, and the risks involved.

78
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Flagstar Bank takes over Signature Bank’s retail branches

Inman

The $2.7 billion deal does not include about $4 billion in crypto-related deposits held by the former Signature Bank's digital-assets banking business, according to the Federal Deposit Insurance Corp.

Retail 131
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How often did Canadians make banking inquiries last year?

Mortgagebroker News

59
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CHALLENGE: Make your social media look flawless in 7 days

Inman

Enhance, optimize and fine-tune your online presence in seven days using this social media refresh checklist for real estate.

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Multi-awarded Saskatoon agent charged with mortgage fraud

Mortgagebroker News

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NFHA commends HUD’s FHA reduction

Valuation Review

NFHA recently issued a statement following a HUD announcement on the reducing FHA premiums.

60
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1031 Exchange Houston Explained

Houston Properties

See a complete breakdown of Houston's 1031 Tax Exchange and get tax benefits.

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