Housing Wire

JANUARY 4, 2021

If you’re looking to buy a home, you’ll stand the best chance in a buyer’s housing market, where listings are flush, demand is low and buyers have the upper hand — not to mention most of the negotiating power. Seller’s markets, on the other hand, are on the opposite side of the spectrum. They’re marked by high levels of competition and rising home prices, and in most cases, you’ll have a harder (and more expensive) time finding a home.

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McKissock

JANUARY 4, 2021

If you’re a real estate agent who caters to investor clients, you absolutely want to know the basics of executing a 1031 exchange. For one, if your clients go that route, they stand to save—and make—a good bit of money. If you are the person who recommends it, you receive some brownie points for guiding them toward such a wise decision. And you can put some extra cash in your own pockets, too.

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Housing Wire

JANUARY 4, 2021

The end of 2020 won’t necessarily mean saying goodbye to the favorable 2% mortgage rates that hit historically low levels 16 times over the past 12 months. In fact, most industry observers believe rates will remain at the same low levels in 2021 as the Federal Reserve uses low rates as a weapon to combat the economic effects of the COVID-19 pandemic.

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REX Real Estate

JANUARY 4, 2021

When it comes to buying a home, most of us know what features are…

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Housing Wire

JANUARY 4, 2021

James Kleimann has been promoted to managing editor of HousingWire, the nation’s premier source of news and analysis for the mortgage, real estate and title industries. In this role, Kleimann will be responsible for leading HousingWire’s newsroom, both in directing news coverage and leading the editorial staff. He will also continue his own reporting on the industry’s leading lenders, including writing in depth HW+ features and covering the trends that are powering the housing economy forward.

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Housing Wire

JANUARY 4, 2021

National Title and Escrow , which is based in Dexter, Missouri, announced its acquisition of Mississippi County Abstract and Loan , based in Charleston, Missouri. This acquisition will create National Title’s fourth office, in addition to its locales in New Madrid and Little Rock, Arkansas. The purchase also includes Mississippi County’s only title plant, an important detail to Jake Nesselrodt, National Title and Escrow director of operations.

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Housing Wire

JANUARY 4, 2021

ReverseVision , a reverse mortgage technology provider, announced on Monday its president, Joe Langner , will now serve as both president and chief executive officer after just nine months with the company. Langner will succeed former CEO John Button, who had previously held the title for over nine years and who will continue to advise the corporate board following his succession.

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Housing Wire

JANUARY 4, 2021

The number of mortgages in active forbearance rose by 15,000 in the last week of 2020, according to a report on Friday from Black Knight. Though the raw number increased for the third consecutive week, the number of mortgages in active forbearance remained at 5.3%, unchanged from the two prior weeks. Last week’s uptick was largely driven by the share of Federal Housing Administration and Veterans Administration ‘s loans in forbearance rising some 11,000 from 9.5% to 9.6%.

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Housing Wire

JANUARY 4, 2021

The Ninth Circuit Court of Appeals issued a decision in favor of the Consumer Financial Protection Bureau’s actions taken against Seila Law. The case, Consumer Financial Protection Bureau v. Seila Law LLC, has been one of the most significant cases against the bureau as it fought , and won , the battle against the CFPB’s constitutionality. Other companies tried and failed when they sought court decisions against the CFPB, such as when the Court of Appeals for the District of Columbia Circuit iss

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