Tue.Mar 07, 2023

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Rocket Mortgage adds special-purpose credit program

Housing Wire

Rocket Mortgage expanded its special-purpose credit program that will offer a $3,000 credit for first-time homebuyers to use toward their downpayment in select cities. The Detroit-headquarterd lender will offer Freddie Mac ‘s BorrowSmart Access program for buyers who are purchasing a home in counties across 10 metropolitan areas — Atlanta, Chicago, Detroit, El Paso, Houston, McAllen, Memphis, Miami, Philadelphia and St.

Mortgage 384
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Boosting without boasting: How to sell yourself as a local expert

Real Estate News

Many agents brand themselves as experts. If you've done the work to earn that title, how do you stand out and get noticed?

Agents 303
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Cenlar FSB names Michelle DeHart VP of loan operations, escrow

Housing Wire

Cenlar FSB, the second-largest mortgage servicer and largest sub-servicer in the U.S., appointed Michelle DeHart as the vice president of loan operations, escrow, the company announced on Tuesday. “Having managed large-scale servicing operations, we will lean on Michelle’s expertise and are confident that she will deliver the best possible solutions for Cenlar, our clients and their homeowners,” Bill Moffett, Cenlar’s senior vice president of loan operations, said.

Insurance 369
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News Corp CEO commits to growing Realtor.com

Real Estate News

As the company doubles down on the real estate portal, CEO Robert Thomson said News Corp remains “open and opportunistic.

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The Principle of Saving

The Appraiser Coach

No matter what you call it – pay yourself first, save, setting money aside for a rainy day – making sure you take the.

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Egypt Sherrod is married to real estate. But that’s only half her story

Inman

Inman's inaugural Influencer ran from real estate as a kid because it was all her family talked about. But with four TV shows, a podcast and a team under her belt, she lives and breathes it in 2023.

More Trending

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US dominates the globe with most ultra-high-net-worth homeowners

Inman

The U.S. notched 14 spots among 20 global cities in a new analysis of homeowners with a net worth of at least $30 million. New York City clinched the top spot on a list compiled by REALM and WealthX.

Marketing 153
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Does the Home You Want To Buy Qualify for a USDA Loan? Here’s How To Tell

Realtor

Vecteezy While most homebuyers know that they’ll need to meet certain requirements to get a home loan, in some cases the house must pass certain standards, too. This is definitely the case if you’re considering a USDA loan from the Department of Agriculture. USDA loans can be a boon to homebuyers due to their fairly lenient qualifications for homebuyers’ incomes and credit scores.

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Mr. Cooper names second chief financial officer in less than a year

Inman

Mortgage veteran Kurt Johnson, who held executive roles at Indymac Bank and OneWest Bank before joining Mr. Cooper in 2015, succeeds Jaime Gow as CFO, it was announced this week.

Mortgage 148
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ICE and Black Knight find a buyer for Empower as merger scrutiny heats up

Housing Wire

Black Knight will be selling its loan origination system Empower in a bid to save the merger deal with Intercontinental Exchange ( ICE ). “ICE and Black Knight entered into the divestiture agreement in connection with efforts to secure clearance of ICE’s proposed acquisition of Black Knight under the Hart-Scott Rodino Act,” the two companies said in a statement Tuesday morning.

Buyers 74
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Guaranteed Rate rolls out ‘Same Day Mortgage’ nationwide

Inman

Properties must be eligible for an appraisal waiver, and like Better's "One Day Mortgage," some fine print can stand in the way of getting a loan approved in 24 hours.

Mortgage 153
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Lamacchia Realty Announces Top Producing REALTORS® for February 2023

Lamacchia Realty

Lamacchia Realty, Inc. has released its “Top Producing REALTORS®,” for February 2023! This program recognizes the Top 10 REALTORS® by company and the Top 3 or 5 REALTORS® by office with the highest transaction numbers or sales for the month! February 2023 Winners of the Top 10 for the Company are: Jason Pincomb joined Lamacchia Realty in the Spring of 2021 and has seen tremendous success!

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Forget Flow: These ‘Rental Rewards’ disruptors already flooded the zone

Inman

Former WeWork CEO Adam Neumann is getting into rentals and property management with his latest effort, Flow. But these renter-reward companies are already flooding the rental sector.

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5 Financial Steps to Take Before Purchasing Your First Home

Lamacchia Realty

5 FINANCIAL STEPS TO TAKE BEFORE PURCHASING YOUR FIRST HOME Purchasing your first home is an exciting time! You may have been dreaming about owning your home for years, and it is finally time to take the plunge. It can be tempting to immediately jump into the deep end and purchase the home you fell in love with. However, you must consider the necessary financial steps before buying your first home. 1.

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Too much competition? 10 branding insights to get you noticed

Inman

A great real estate brand coupled with outstanding customer service is a winning formula for attracting more clients and closing more deals. If it's time to upgrade your branding, Bernice Ross has the insights you need.

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SRA: Saskatchewan housing market still strong despite inventory challenges

Mortgagebroker News

Realtors Association expresses concern about low inventory levels, particularly in the affordable segment of the housing continuum

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Home price growth slows for 9th consecutive month in January

Inman

Annual home price growth dropped to 5.5 percent in the first month of 2023, but fell just 0.2 percent month over month, according to data released Tuesday as part of the CoreLogic Home Price Index.

Marketing 148
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Addressing Bias in Appraisal Standards

National Association of Realtors

The meticulous work of drafting a new ethics rule will pay off in clarity for our profession and the public.

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Rivals to allies: Foster healthy competition with these 4 rules

Inman

Healthy competition should be the foundation upon which we strive to provide our clients with the highest level of customer service and care. Team leader Carl Medford outlines the difference between healthy and toxic ways of engaging.

Clients 148
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Regulators continue to set sights on private mortgage space

Mortgagebroker News

A new poll shines a light on the need for greater consumer awareness, according to Ontario authority

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Black Knight ready to sell Empower to address antitrust concerns

Inman

A Deal with Constellation Software Inc. hinges on ICE closing the deal to acquire Black Knight, now valued at $11.7 billion. ICE says it's prepared to fight FTC in court.

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Analyst casts doubt on Canadian banks' optimistic mortgage growth outlook

Mortgagebroker News

Predictions may not materialize due to a continued slump in home sales activity

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7 marketing metrics that matter most (and how to measure them)

Inman

Targeting the right audience is a critical factor in real estate marketing success. Here's how to crunch the numbers and make sure you're as effective as possible.

Marketing 148
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Ottawa housing market: Affordability remains a challenge amid rate hikes

Mortgagebroker News

Borrowers and buyers continue to grapple with the impact of higher rates

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LionDesk founder David Anderson joins Venture MLS

Inman

Venture MLS announced the placement of David Anderson, previously with Lone Wolf Technologies, to which he sold his real estate CRM in 2021.

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24 Units in 2 Years by Making Your Rentals Match the Market

BiggerPockets

Twenty-four rental units in two years! It’s possible, but only if you’re using the same principles that today’s guest has employed.

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What skills are crucial for new agents joining a multifamily team?

Inman

Multifamily real estate isn’t for introverts. But the right personality, one eager to connect with others, can make it a rewarding career.

Agents 148
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Big Six put aside $2.4bn for credit losses as recession looms

Mortgagebroker News

The figure is a significant increase from 2022

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An economist teaches you how to answer the ‘rent vs own’ question

Inman

It's one of the most popular questions you'll hear, especially from first-time homebuyers. Find out how to answer it expertly.

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ICE Experience 2023 General Session Recaps

Clear Capital

Mortgage industry experts gathered from Feb. 27 – March 1 for ICE Experience 2023 at The Wynn in Las Vegas. Here, we’ll boil down the key takeaways, session highlights, and share industry-shaking intel from ICE Experience 2023. Day One General Session Recap ICE Experience’s first keynote session featured Ben Jackson, president of Intercontinental Exchange; Tim Bowler, president of ICE Mortage Technology; Jonas Moe, SVP, marketing & market strategy at ICE Mortgage Technology; Jamie Simi

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Welcome to the future: What real estate agents need to know about today’s kitchens and baths

Inman

Gerard Splendore's series on kitchen and bath design concludes with a look at smart home solutions and the future of residential spaces.

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How to Appeal Your Property Taxes in King County

Will Springer Realtor

Nobody likes surprises, especially when they involve your money. That’s why it can be difficult to stomach the notification card that can arrive in the mail around this time of year informing property owners of their 2023 tax obligations. At least owners of residential, commercial and industrial property receive a heads-up of a few months! And they can always appeal the amount.

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How Commission Works with Sellers and Buyers

Eppraisal

In the market for buying, selling or renting a home? Be sure you know and understand how real estate commissions work before you have a last minute surprise. In short, the commission you pay will come out of your net proceeds when you sell or rent a house. It may be added on to the money you need at closing when you purchase or lease a house. Commission Varies The first aspect of real estate commission to understand is that it varies from company to company and area to area.

Sellers 36
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Canada home prices: How far are they expected to fall this year?

Mortgagebroker News

All forecasts are in – and grim

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