Housing Wire

SEPTEMBER 5, 2023

Buying and selling a home can be a confusing, intimidating process. From fine-tuning the initial listing to completing the mountains of paperwork needed for closing , homebuyers and sellers can find themselves juggling a wide range of issues. Real estate professionals can help by hosting educational workshops to help make the transaction easier. Here are 11 tips to make these workshops more effective. 1.

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Real Estate Sellers Buyers Clients 421

Real Estate News

SEPTEMBER 5, 2023

The company and plaintiffs informed the judges that a preliminary settlement has been reached, ending two potentially damaging trials for Anywhere.

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Housing Wire

SEPTEMBER 5, 2023

Real estate giant Anywhere has reached a settlement agreement in two of the major class action antitrust lawsuits facing the housing industry. According to court documents filed on Tuesday, Anywhere Real Estate and the home sellers suing the firm in both the Moehrl and Sitzer/Burnett cases, which both deal with buyer brokers’ commissions, have reached a preliminary settlement agreement, settling all claims in both suits.

Real Estate 421

Real Estate Buyers Legal Realtors 421

Real Estate News

SEPTEMBER 5, 2023

After a major real estate company reached a settlement in the Moehrl and Sitzer/Burnett cases, NAR said its commitment to defend itself remains unchanged.

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Real Estate 273

Housing Wire

SEPTEMBER 5, 2023

Intercontinental Exchange (ICE) completed its acquisition of Black Knight Tuesday, making the combined company the biggest player in the mortgage tech space. I sat down with Tim Bowler, president of ICE Mortgage Technology, a business unit of ICE, to talk about the company’s mortgage automation strategy — and what keeps him up at night. Sarah Wheeler: ICE’s acquisition of Black Knight just closed today.

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Technology Mortgage Tools Insurance 397

Miller Samuel

SEPTEMBER 5, 2023

I joined my friend Barry Ritholtz of RWM and of The Big Picture on his Bloomberg Radio MIB podcast for the sixth time since 2014. Here's the transcript , book recommendations , and the podcast version! Here are the previous interviews from 2014 , 2016 , 2020 , 2021 and 2022. They are always fun, and Barry keeps the conversation interesting. My wife Cheryl was in the producer's booth, keeping me honest (and taking pictures).

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The Appraiser Coach

SEPTEMBER 5, 2023

I once read a book called First Things First, by Stephen Covey. That phrase, “first things first,” prompted a lot of thought for me a little while.

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Inspection Advertising Real Estate Agent Government 195

Housing Wire

SEPTEMBER 5, 2023

Despite difficulties in the mortgage market at large, non-QM lenders are seeing growth and opportunity. “The non-QM demand for loans is very healthy,” Acra Lending CEO Keith Lind said. “We are not seeing a similar volume trajectory as the agency market.” Lind is projecting that Acra’s non-QM mortgage originations will increase to about $2.6 billion in 2023, an increase from $2.1 billion last year.

Marketing 397

Marketing Loan Officers Lending Brokerage 397

Inman

SEPTEMBER 5, 2023

Realtors are cancelling memberships, hounding local boards and organizing petition drives days after NAR resisted calls Thursday to censure Bob Goldberg for his handling of misconduct claims.

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Realtors Agents 201

Housing Wire

SEPTEMBER 5, 2023

Intercontinental Exchange (ICE) completed its acquisition of Black Knight in a $11.9 billion deal that dragged on more than a year due to antitrust concerns. It’s now easily the biggest player in the mortgage tech space. “Since our founding over 20 years ago, ICE has steadfastly adhered to our founding principle, demonstrated throughout our history, that applying technological innovation and digitization to traditionally analog businesses can make markets more efficient and transparent for

Technology 397

Technology Business Mortgage Valuation 397

Inman

SEPTEMBER 5, 2023

Exact terms will be revealed when the plaintiffs ask the court to approve the deal, but an attorney for the plaintiffs says the franchisor is the first of the defendants to agree to "change its practices.

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Realtors Brokerage Agents 199

BiggerPockets

SEPTEMBER 5, 2023

Getting into real estate development with low money down!? Many rookies assume that you need more money to develop, but there are a variety of ways to fund these projects.

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Development Real Estate 75

Inman

SEPTEMBER 5, 2023

New York City's law limiting short-term rentals went into effect on Tuesday. To offer stays of less than 30 days, hosts must stay in the unit with their guests.

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Law Investing 201

BiggerPockets

SEPTEMBER 5, 2023

The new program is designed to lower the down payment barrier for homebuyers. We explore the potential impact on real estate investing.

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Investors Design Real Estate Investing 80

Inman

SEPTEMBER 5, 2023

The lawsuit, filed by the daughter of one of Cardone's previous investors, says he misled his followers by boasting on social media about the potential returns they would see from investing in his real estate fund while downplaying the risks.

Investors 190

Investors Real Estate Investing 190

Eppraisal

SEPTEMBER 5, 2023

When purchasing a home and applying for a mortgage, many borrowers are confronted with the dreaded Private Mortgage Insurance (PMI) requirement. PMI is typically mandated when borrowers put down less than 20% of the home's purchase price as a down payment. While PMI serves a purpose by protecting lenders in case borrowers default on their loans, it can be an additional financial burden for homebuyers.

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Insurance Mortgage Design Finance 69

Inman

SEPTEMBER 5, 2023

Broker-owner Nick Schlekeway writes that the correct habits and systems plus a focus on the follow up will ensure that you're generating and capturing the leads you need.

Agents 190

Agents Marketing 190

Will Springer Realtor

SEPTEMBER 5, 2023

Buyers looking to finance the purchase of a home amid higher interest rates and rising prices are looking closely at something known as a “mortgage buydown.” It’s a creative way to trim mortgage payments in the early months of homeownership, an option that grew in popularity late in 2022 when interest rates more than doubled from the start of the year.

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Mortgage Buyers Tools Sellers 61

Inman

SEPTEMBER 5, 2023

Fallout from the bankruptcy of reinsurer Vesttoo Ltd. ripples through the insurance industry, with Texas regulators keeping tabs on Homeowners of America Insurance Co.

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Insurance Mortgage 190

Mortgagebroker News

SEPTEMBER 5, 2023

The company is focused on removing pain points for brokers and their clients across the closing stages of a deal

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Real Estate Clients 74

Inman

SEPTEMBER 5, 2023

Unlock new opportunities in a low inventory market when you dig into the new construction segment of the residential market.

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Construction Business Inventory Marketing 187

Mortgagebroker News

SEPTEMBER 5, 2023

Key officials have already made ‘risky remarks’ that seemingly point the finger at newcomers, says columnist

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Listing Spark

SEPTEMBER 5, 2023

Ten percent of homes sold in 2021 were sold by their owners without a realtor. As online resources for pricing data, flat-fee listing services, and plenty of marketing options become available, homeowners can more easily navigate the market and handle transactions without paying for their own listing agent. If you want to sell your home, that journey begins by learning more about how to sell your own home without a realtor, what tasks you’ll be required to manage, and common challenges so

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Realtors Real Estate Agent Real Estate Agents 36

Mortgagebroker News

SEPTEMBER 5, 2023

The venture is starting out in Ontario, with imminent expansion in the cards

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Brokerage Mortgage 71

Housing Wire

SEPTEMBER 5, 2023

Porch Group announced that its insurance subsidiary Homeowners of America (HOA) has been placed under temporary supervision by Texas regulators. The announcement comes in the wake of bankruptcy of allegations of fraudulent activity against reinsurer Vesttoo Ltd , which filed for Chapter 11 bankruptcy protection in August. The supervision order provides the Texas Department of Insurance (TDI) with more visibility and control during uncertain periods and to ensure there are sufficient plans to bu

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Insurance HOA Legal Development 410

Mortgagebroker News

SEPTEMBER 5, 2023

Canadian GDP slowed down at an annualized pace of 0.

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Lamacchia Realty

SEPTEMBER 5, 2023

DIVORCE AND SELLING A HOME: WHAT YOU SHOULD KNOW When going through a divorce , assets are divided which means decisions need to be made about property ownership. Even in a split that is relatively peaceful, it can be complicated when deciding whether to sell your home, keep it as a dual investment, or have one party buy out the other. Selling is already complex, as it is usually the largest asset held, but adding in the emotional component when splitting with a spouse means having a neutral pa

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Realtors Real Estate Agents Open Houses 65

Mortgagebroker News

SEPTEMBER 5, 2023

The mortgage professional is the number one consultant for consumers' most vital financial transactions, says Mission35 Mortgages founder

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Brokerage Mortgage 42

GoForrmz

SEPTEMBER 5, 2023

“ Usually a paper form would take about 45 minutes…now with GoFormz, we’ve cut it down to half of that time. ” — Israel Portillo, R&D Engineering Manager, Pacific Seafood About Pacific Seafood Headquartered in Clackamas, Oregon, Pacific Seafood is one of the largest seafood companies in North America. Operating across three countries with 40 facilities, Pacific Seafood is involved in every aspect of their supply chain, from harvesting and fishing to processing and distributio

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Supply Chain 78

Mortgagebroker News

SEPTEMBER 5, 2023

Canada lost dozens of years when it comes to establishing effective public policy on housing, says Sheila Copps

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Eyes on Housing

SEPTEMBER 5, 2023

Rising mortgage rates and elevated construction costs have taken a toll on the pace of single-family construction in markets across the nation, with the slowdown most pronounced in large metro areas. Multifamily market growth also fell in most areas of the country, according to the latest findings from the National Association of Home Builders (NAHB) Home Building Geography Index (HBGI).

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Construction Marketing Mortgage 167

Housing Wire

SEPTEMBER 5, 2023

Single-family home building slowed across the country during the second quarter of 2023, thanks to higher mortgage rates , and labor and supply shortages , according to the National Association of Home Builder’s (NAHB) Home Building Geography Index. The HBGI is a quarterly measurement of building conditions across the county. It uses county-level data for single and multi-family permits to gauge housing construction growth in both urban and rural metros.

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Construction Marketing Development Mortgage 410

Housing Wire

SEPTEMBER 5, 2023

The Mortgage Bankers Association (MBA) on Tuesday announced the appointment of lobbyist George Rogers to serve as its new VP of legislative affairs. He will assist the trade group with policy advocacy. Rogers’ primary focus will be on Republican members of the United States Senate. Rogers’ appointment comes off of a previous role at Republic Consulting, LLC , a government relations and lobbying firm he co-founded in 2019.

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Law Government Clients Development 409