Housing Wire

FEBRUARY 14, 2023

Given the hotter inflation reported in Tuesday’s CPI data , can mortgage rates go above the 2022 peak of 7.37%? Initially the 10-year yield fell after the report, then rose higher, only to fall back down again. For all the hype around today’s stock market close, it was a dud of a Valentine’s date if you ask me. A lot of times, on days when big economic reports are released, you can get wild intraday action but not have much happening by the end of the day.

Mortgage 481

Mortgage Housing Market Marketing Retail 481

Sacramento Appraisal Blog

FEBRUARY 14, 2023

There is so much talk about the housing market bottoming out, and I want to give some perspective on what to watch for. I hope this helps. UPCOMING (PUBLIC) SPEAKING GIGS: 3/06/23 Matt the Mortgage Guy YouTube Live 3pm PST 3/08/23 Matt Gouge Event TBD 3/10/23 PCAR Market Update Lunch & Learn 3/28/23 Downtown Regional MLS meeting […] The post Looking out for two housing market bottoms first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

Housing Market 244

Housing Market Marketing Real Estate Appraisal 244

Housing Wire

FEBRUARY 14, 2023

Timothy Bowler, president of Intercontinental Exchange, Inc. Benchmark Administration (IBA) , will take on a new role as president of ICE Mortgage Technology starting on March 1. Bowler will be in charge of ICE’s business segment, which is focused on automating elements of the mortgage industry and delivered a revenue of $1.1 billion in 2022, the firm said Tuesday.

Technology 383

Technology Mortgage Lending Business 383

Real Estate News

FEBRUARY 14, 2023

During Liebman’s two decades of leadership, Corcoran has grown from a boutique firm to a national franchise with plans to expand into Europe.

260

260

Housing Wire

FEBRUARY 14, 2023

Consumer prices continued to climb in January, but they rose at the lowest yearly pace recorded since October 2021, according to data released Tuesday by the Bureau of Labor Statistics (BLS). This is welcome news for the Federal Reserve , which is continuing to raise interest rates in an attempt to curb inflation via consumer spending. The Consumer Price Index rose by 6.4% in January compared to a year ago.

Housing Market 383

Housing Market Design Insurance Inventory 383

The Appraiser Coach

FEBRUARY 14, 2023

I recently celebrated an exciting milestone. I have officially gone one full year without eating sugar! Now that’s not 100% – everything has sugar in it these days. But I.

Inspection 195

Inspection Advertising Real Estate Agent Government 195

Real Estate News

FEBRUARY 14, 2023

The consumer portal is partnering with RateMyAgent, whose participating agents can boost their visibility to Realtor.com's 86 million monthly users.

Agents 184

Agents 184

Housing Wire

FEBRUARY 14, 2023

The Community Home Lenders of America (CHLA) wants small banks to be exempted from the proposed rules from the Consumer Financial Protection Bureau ( CFPB ) that order registry for nonbank financial services providers. In December, the CFPB published a proposed rule that would require certain nonbank covered entities to report certain public agency enforcement actions and court orders for publication in a nonbank registration system (NBR) – a publicly available, online database.

Law 378

Law Tools Mortgage Marketing 378

Inman

FEBRUARY 14, 2023

Netflix's "Buying Beverly Hills" centers around rookie agents and their high-profile team leaders and mentors at The Agency. From mispronouncing finishes to being ill-prepared for showings, these agents dish on learning the tough lessons while being filmed for reality TV.

Agents 173

Agents 173

Housing Wire

FEBRUARY 14, 2023

Six months after shutting down its correspondent lending division, Illinois-based mortgage company Celebrity Home Loans ‘ bread-and-butter retail channel is also at risk, multiple sources told HousingWire. According to former employees and business partners, several Celebrity’s retail branches transitioned to another lender in December and January.

Retail 370

Retail Mortgage Loan Officers Business 370

Inman

FEBRUARY 14, 2023

The seven-bedroom Beverly Hills home was also occupied by John Legend and Chrissy Teigen from 2016 to 2021. After an initial unsuccessful offering of $19.25 million, the current owner is attempting to offload it at a loss.

Marketing 161

Marketing 161

Housing Wire

FEBRUARY 14, 2023

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors’ Choice Awards. Nominations for HousingWire’s 2023 HW Rising Stars are open now through Friday, February 24, 2023. Click here to nominate your organization. In its tenth year, the HW Rising Stars award celebrates up-and-coming leaders in housing who are making their mark on the industry in a big way.

Marketing 370

Marketing Real Estate Agents Training 370

Eyes on Housing

FEBRUARY 14, 2023

For 2022, the total number of single-family permits issued year-to-date (YTD) nationwide reached 972,180. On a year-over-year (YoY) basis, this is 12.5% below the 2021 level of 1,111,414. Year-to-date ending in December, single-family permits declined in all four regions. The South posted a decline of 10.4%, while the Western region reported the steepest decline of 15.9%.

Construction 165

Construction Marketing 165

Housing Wire

FEBRUARY 14, 2023

Managing a profitable mortgage business can be challenging in the best of markets. When rising interest rates and plummeting affordability decimate loan applications, it’s even more difficult. Mortgage servicing rights (MSRs) are valuable assets for mortgage lenders when origination business is slow. Maintaining the servicing rights of loans originated by the lender is equally as important as those acquired through a purchase.

Modernization 370

Modernization Insurance Investors Tools 370

Inman

FEBRUARY 14, 2023

The short-term rental platform posted $1.9 billion in profits and $8.4 billion in revenue in 2022, a 40 percent surge from a year earlier, according to executives during a full-year and 4Q earnings call Tuesday afternoon.

152

152

Housing Wire

FEBRUARY 14, 2023

Insellerate Modern CRM, Engagement & Customer Intelligence Platform Insellerate helps loan officers close more loans with our award-winning modern CRM, Lead Management, and Engagement platform, which handles all your lending channels, retail, wholesale, TPO, Consumer Direct, and Reverse. Our advanced APIs allow seamless connectivity to your tech stack, and our native mobile application enables loan officers to work on their files from anywhere at any time.

Loan Officers 367

Loan Officers Modernization Real Estate Agent Retail 367

Inman

FEBRUARY 14, 2023

Leniency or government protections often kept rent below market rate and prevented evictions. Three years into the pandemic, property managers are deciding how to move forward.

Landlords 152

Landlords Property Management Government Marketing 152

Housing Wire

FEBRUARY 14, 2023

Qualia The Qualia technology infrastructure for title & escrow companies, lenders, title insurers, and service providers enables each party to complete their own unique tasks required for a closing and exchange information in real time, standardize and automate back-and-forth workflows, and collaborate with one another in a way never before possible.

Insurance 369

Insurance Realtors Clients Technology 369

Inman

FEBRUARY 14, 2023

Revive has acquired HomePrep outside of Washington, D.C. in a continued nationwide expansion, executives told Inman exclusively. The company adds value with no up-front costs to homesellers.

Renovations 152

Renovations 152

Appraiserblogs

FEBRUARY 14, 2023

Making massive staff reductions in the appraisal management department, including the Chief Appraiser and the Administrative Manager, who both are licensed appraisers. Appraisers, it’s not ‘just us’ who have taken the slowdown in lending “in the shorts.” I have confirmed changes at THREE different AMCs: CoreLogic is laying off all W-2 ‘staff’ appraisers, and most of the staff administering those folks.

Appraisal 138

Appraisal Lending 138

Inman

FEBRUARY 14, 2023

Realtors who use the review facilitation solution RateMyAgent can now send their customers' feedback to the trade group's home search portal Realtor.com.

Realtors 157

Realtors Technology Agents Marketing 157

Eyes on Housing

FEBRUARY 14, 2023

Consumer prices in January saw the smallest year-over-year gain since October 2021 with a seventh consecutive month of a deceleration. However, this disinflation pace was much slower than expected, partially because new methodology introduces higher weights for shelter and lower weights for food and energy to reflect changes in consumer spending in 2021.

140

140

Inman

FEBRUARY 14, 2023

We asked select sponsors to share what draws them to be a part of Inman Connect Las Vegas 2023 — and what attendees can expect from them this summer.

157

157

Eppraisal

FEBRUARY 14, 2023

There are many terms used in real estate transactions that home buyers and sellers may not completely understand. The terms title and deed often fall into that category. Buyers and sellers will often use the terms title and deed interchangeably. However, there is a distinguishable difference between the two. If you are buying a home in the near future, here's a crash course to help.

Legal 69

Legal Insurance Sellers Real Estate 69

Inman

FEBRUARY 14, 2023

Former Rocket Mortgage CEO Bill Emerson will serve as the company's interim CEO while its board of directors conducts a search for a permanent leader.

Mortgage 152

Mortgage 152

Lamacchia Realty

FEBRUARY 14, 2023

At the company-wide 2023 Kick Off event on Thursday, February 9th, Anthony Lamacchia announced the reinvigoration of the company’s Top Producer program, which will now be called the “Top Producer Circle”. To qualify, Lamacchia Realty REALTORS® must sell at least 20 homes or $9 million in sales volume in a calendar year to be recognized as a Top Producer.

Realty 66

Realty Realtors Training Tools 66

Inman

FEBRUARY 14, 2023

The three combined teams add 20 agents with more than 4,500 real estate transactions under their belts to Livian's roster, according to the company.

Real Estate 152

Real Estate Agents 152

Mashvisor

FEBRUARY 14, 2023

Finding the best rental investment property for sale is a crucial step in real estate investing. But many investors don’t know how to go about it.

Investing 69

Investing Real Estate Investors Marketing 69

Inman

FEBRUARY 14, 2023

After a brutal Q3 in a rapidly shifting market, Opendoor has significantly slowed down its pace of home acquisitions.

Marketing 152

Marketing 152

BiggerPockets

FEBRUARY 14, 2023

What is a 1031 exchange and how are they used in real estate to help skyrocket wealth-building? Learn everything you need to know in this comprehensive guide.

Real Estate 63

Real Estate 63

Mortgagebroker News

FEBRUARY 14, 2023

Prominent mortgage professionals gave their thoughts on the new requirements at a recent FSRA event

Mortgage 69

Mortgage 69

Lamacchia Realty

FEBRUARY 14, 2023

Jackie Louh was featured in a recent Wall Street Journal article titled “As Home Sales Slow, Realtors Go Back to Their Other Jobs.” As the Chief Operating Officer at Lamacchia Realty, Jackie has had a front-row seat to the challenges the current market presents for new agents. Jackie explains the perspective many agents had after the 2020-21 market climate and how that has impacted their understanding of the industry as a whole.

Realty 41

Realty Marketing Realtors Agents 41

Mortgagebroker News

FEBRUARY 14, 2023

Borrowers' preference for variable over fixed rates has changed course in recent months

Mortgage 69

Mortgage 69

BiggerPockets

FEBRUARY 14, 2023

Most people would assume ‘Love is Blind’ star Nancy Rodriguez built most of her wealth after appearing on the show. But most people would be wrong.

Real Estate 48

Real Estate 48