Housing Wire
APRIL 1, 2021
The Consumer Financial Protection Bureau (CFPB) is warning servicers that it is ramping up enforcement and will be specifically watching how servicers manage borrowers coming out of forbearance. In a Thursday compliance bulletin, the CFPB said it will monitor how servicers work to prevent a wave of foreclosures from occurring this fall. “Unprepared is unacceptable,” the Bureau said.
Empire Appraisal Group
APRIL 1, 2021
Does Light Rail Access Increase Property Values? Source: Does Light Rail Access Increase Property Values? | YPN – Young Professionals Network. By Neil Goradia. It has long been a common perception that access to light rail in any market will improve the value of a house, particularly in the eyes of an investor. As an investor myself, I am always looking for a way to bump up my returns, so I decided to take the time and dig a little deeper.
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Housing Wire
APRIL 1, 2021
The average U.S. mortgage rate remained essentially unchanged last week, rising by just one basis point to 3.18%, according to Freddie Mac’s Primary Mortgage Market Survey. A broader recovery of the economy has almost returned rates back to market “normalcy” as the standard 30-year FRM averaged 3.33% this same time last year. Although mortgage rates still remain relatively low, the industry is beginning to see a pullback by those looking to enter the market, said Sam Khater, Fr
BiggerPockets
APRIL 1, 2021
This month on BPInsights, we found the 10 U.S. real estate markets where rents increased the most in 2020. We also dove into interest rate and explored the wealth-building opportunities hidden in dying malls.
Housing Wire
APRIL 1, 2021
Rocket Companies Chairman Dan Gilbert sold 20 million shares of common stock on Wednesday, cashing out just under $500 million, according to disclosures Rocket made to the Securities and Exchanges Commission. The Form 4 file , made public Wednesday evening, shows Gilbert sold 20.2 million shares of common stock at $24.75 a unit for $499.95 million. That stock sale would appear to be linked with Gilbert’s latest philanthropic venture.
BiggerPockets
APRIL 1, 2021
As real estate investors, we look for ways to reduce our effective tax rate. Here's how to tap into under-utilized strategies so that you can maximize your success in real estate investment.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
National Association of Realtors
APRIL 1, 2021
Professionals who work in commercial real estate—including investors, brokers, lenders, appraisers, and lawyers—need to understand the current value of assets.
Housing Wire
APRIL 1, 2021
Shawneequa Badger, leads an agent team at Corcoran Living in Oakland. Sudi Hernandez of Cloud 9 Real Estate Group loses leads when a client hears her Cuban accent. James Dunn of eXp Realty surprised a client with his answer to their question, “You’re white, right?”. Amy Kong of Trust Real Estate hosts open houses where people ask, “Where is the agent?”.
BiggerPockets
APRIL 1, 2021
Saving up for financial independence can take some time, but if you’re earning a high salary, keeping your expenses low, and heavily investing, FI can come quicker than you think. […].
Housing Wire
APRIL 1, 2021
Residential brokerage Compass is now a publicly traded company, with shares trading at $20.15 at close of the New York Stock Exchange on Thursday. The New York City-headquartered company began offering shares Thursday morning. Investors initially paid $21.15-a-share to grab a stake in the fast-growing but money-losing real estate outfit before trailing off.
Quicken Loans
APRIL 1, 2021
Moving is a time when we finally get around to cleaning out those overstuffed closets, basements, and garages. We can toss out those old clothes, electronics, magazines, bikes, outgrown ballet slippers, etc. Let’s just face the fact: moving time equals trash time. On top of the major weeding out of our belongings, we use loads of packing materials and create piles and piles of waste that contribute to our landfills.
Housing Wire
APRIL 1, 2021
Qualia has created a flexible infrastructure for the real estate and mortgage industry. Real estate transactions require coordination between lenders, title insurers, home buyers, title & escrow companies – the list goes on. Dealing with dozens of siloed parties creates opportunities for mistakes and complicates the home buying experience. Qualia, a digital real estate closing platform, brings all of these parties together onto one secure platform to deliver a best-in-class home buying and s
Magnusson Group
APRIL 1, 2021
The Magnussons want to help you sell your gold, contemporary and luxury estate jewelry, watches, silver and coins. Book an appointment with us today for complimentary appraisals, consignment and sales opportunities. BOOK APPOINTMENT. Learn More About The Magnusson Group. The post Complimentary Appraisal Day- April 13th appeared first on Magnusson Group | Estate Sale | Personal Property Appraisal | NJ.
Housing Wire
APRIL 1, 2021
Title reports can be confusing, which is why the process is prone to errors. One mistake can slow down the real estate transaction’s closing and frustrate lenders and borrowers. To keep that from happening, lenders need a way to reduce time and friction in the loan origination cycle but still provide their consumers with excellent customer service. Thankfully, technology is increasing efficiency and making it possible for companies to create solutions that help lenders receive timely and accurat
Housing Wire
APRIL 1, 2021
Nick Bailey, chief customer officer at RE/MAX. Nick Bailey has spent 23 years in the real estate industry. He was a vice-president at Zillow , the CEO of Realogy brand Century 21 , and for the last two years the chief customer officer at RE/MAX. Bailey, who agreed to an extensive on-the-record Zoom interview with HousingWire, is RE/MAX’s no. 2 behind CEO Adam Contos.
Housing Wire
APRIL 1, 2021
In today’s low interest rate, high-volume market, lenders need a way to manage their mortgage volume while providing a consistent, high-quality customer experience. ServiceLink’s tech-enabled title solution, EXOS Title, combines cutting-edge technology and superior customer service with a nationwide footprint – ultimately getting lenders and their clients to the closing table faster.
Housing Wire
APRIL 1, 2021
Lenders are currently dealing with incredibly high call volumes, which makes it difficult to ensure their clients are receiving the best customer service at the highest quality. Lenders need support during this hectic time to manage their portfolio and avoid any mistakes, especially when it comes to title insurance and settlement fees. To reduce the likelihood of these issues, Sourcepoint, a business process management (BPM) company and national title agency, provides lenders a range of title an
Housing Wire
APRIL 1, 2021
Title and settlement can be particularly challenging in servicing. The difficulty lies in identifying, accurately assessing and proactively resolving title issues— especially when servicers are dealing with large volumes of assets. Boston National Title (BNT), founded in 2006, offers servicing solutions to help ensure loan portfolios meet investor expectations and are both in compliance with regulatory requirements and within the risk tolerance of the GSEs.
Housing Wire
APRIL 1, 2021
President Joseph Biden’s announcement that he would unveil a $2 trillion infrastructure plan to Congress, dubbed the American Jobs Plan, was met mostly with praise within the housing industry. Then came the hard questions: could it actually get through Congress relatively intact? And even if it did, how could the government implement. To offset costs, the Biden Administration wants to raise the corporate tax rate from 21% to 28% which, combined with measures designed to stop offshoring of
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