Housing Wire

OCTOBER 30, 2023

loanDepot has rolled out a new down payment assistance program for Federal Housing Administration (FHA) loan borrowers that enables them to put zero money down upfront. In loanDepot’s program, dubbed AccessZERO, the down payment assistance is structured as a 10-year fully amortized repayable second mortgage. Borrowers must have a minimum credit score of 600 to qualify for the down payment assistance, which can be as much as 5% of the home purchase price or appraised value, whichever is less.

Lending 473

Lending Retail Finance Insurance 473

Real Estate News

OCTOBER 30, 2023

The lead attorney for the plaintiffs wrapped up the morning session of the Sitzer/Burnett trial with a theatrical closing argument.

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Housing Wire

OCTOBER 30, 2023

The Federal Housing Finance Agency (FHFA) failed to adequately document desktop appraisal reports, which clouds data on the effectiveness of the desktop appraisal program, according to a report published by the FHFA Office of the Inspector General (OIG). The OIG conducted an audit of FHFA’s oversight of Fannie Mae ’s and Freddie Mac ’s use of desktop appraisals between Oct. 18, 2021, and March 31, 2023.

Appraisal 450

Appraisal Development Finance Mortgage 450

Real Estate News

OCTOBER 30, 2023

Atlanta–area agent Amy Fuchs says people don’t always understand how their agents are compensated, and she worries commissions lawsuits could hurt buyers.

Business 270

Business Agents Buyers 270

Housing Wire

OCTOBER 30, 2023

Cenlar FSB , the second-largest mortgage servicer and largest subservicer in the United States, promoted David Schneider to president of the company on Monday. Prior to his promotion at the servicing giant, Schneider served as chief financial officer of Cenlar for four months. John Mezzasalma, Cenlar’s previous senior vice president of finance, replaces Schneider as the company’s new acting chief financial officer while James Daras remains the CEO.

Project Management 441

Project Management Lending Finance Clients 441

Inman

OCTOBER 30, 2023

The desire for uniqueness is driving a rising demand for historic homes in the luxury real estate sector. Buyers today love the character and craftsmanship that a historical property exudes, and want a home that expresses their one-of-a-kind personality and preferences.

Buyers 195

Buyers Agents Real Estate 195

Inman

OCTOBER 30, 2023

Whether you're saving for something big or trying to figure out how to stay in real estate until the market turns, Erin McCormick Torres offers tips to help you develop new streams of income.

Real Estate 195

Real Estate Development Marketing Agents 195

GoForrmz

OCTOBER 30, 2023

“ Our first form was just to replace paper, now the way we are angling to use GoFormz is like a data collection and transmutation tool. It’s really become a big part of our business. ” — Jesse Ordonio, Operations Director, Rhino Cable Services About Rhino Cable Services Founded in 2005 and recently purchased in 2021 by Mastec, Rhino Cable Services is a telecommunications and maintenance company that provides services including aerial and underground cable installation, inside pla

Project Management 78

Project Management Clients Tools Business 78

Inman

OCTOBER 30, 2023

The founding real estate agents of Christie's International Real Estate San Francisco | Marin | Wine Country hail from The Payton + Binnings Team and boast $200 million in transactions annually.

Real Estate 190

Real Estate Real Estate Agent Agents Brokerage 190

BiggerPockets

OCTOBER 30, 2023

As a real estate investor, you should know about all your loan options. Secured and unsecured loans are the main types, and smart investors understand how to use both to their advantage. Unsecured loans can provide the money you need to buy property, but knowing the details of how they work will ensure you leverage this type of financing to benefit your investment strategy.

Investors 76

Investors Finance Real Estate Investing 76

Inman

OCTOBER 30, 2023

A seismic transition is underway in the preferences of global luxury consumers. “Quiet Luxury” is here — and it arrived well before the hype around Kendall Roy’s $600 cashmere baseball caps.

Real Estate 184

Real Estate 184

BiggerPockets

OCTOBER 30, 2023

You’ve likely heard of depreciation on equipment and other items in business, but did you know depreciation in real estate is possible? In fact, it’s one of the most important deductions you can take as a real estate investor, as it reduces your taxable income each year you have a property in service and available for rent.

Real Estate 76

Real Estate Investors Business 76

Inman

OCTOBER 30, 2023

What do licenses and ghost stories have in common? Every real estate agent has one. OK, maybe not all agents, but these believers do. Here are real-life ghost stories from agents in the field.

Real Estate Agent 184

Real Estate Agent Real Estate Agents 184

BiggerPockets

OCTOBER 30, 2023

McDonald's is more than just a fast food joint—It's a real estate company. Here's how WeWork failed and how McDonald's supercharged its success with property.

Real Estate 78

Real Estate Investors Investing 78

Inman

OCTOBER 30, 2023

From clients who ghost you to security concerns and more, the ever-changing real estate industry can be a pretty scary place. Broker Cara Ameer lays out some of the things you need to watch out for now.

Clients 184

Clients Real Estate Marketing Agents 184

BiggerPockets

OCTOBER 30, 2023

The APR (annual percentage rate) on a loan is the total cost of borrowing money. Understanding APR is crucial when applying for a mortgage, personal loan, credit card, or real estate loan. The percentage amount greatly impacts the total cost of your loan. Therefore, comparing APRs is the most effective method to discover the best financing offers.

Finance 70

Finance Real Estate Mortgage 70

Inman

OCTOBER 30, 2023

Fannie Mae researchers say rising mortgage rates aren't the only reason homeowners have been reluctant to sell, and rates coming back down won't necessarily produce a flood of for-sale listings.

Mortgage 184

Mortgage Inventory Marketing 184

BiggerPockets

OCTOBER 30, 2023

During a recession, property values often decline due to decreased consumer confidence and purchasing power. This dip can be attributed to job losses, tighter lending standards, and economic uncertainty, making people hesitant to invest or upgrade. While this presents challenges for sellers hoping for high returns, it can offer opportunities for buyers seeking more affordable options.

Real Estate 69

Real Estate Lending Sellers Investing 69

Inman

OCTOBER 30, 2023

The Saskatchewan Realtors Association’s (SRA) 1,700 members will benefit from the innovative technology company’s ability to extract and use in multiple ways actionable data about properties from still images.

Realtors 176

Realtors Technology Marketing 176

Mortgagebroker News

OCTOBER 30, 2023

The central bank will aim for a delicate balance in its coming policy announcements, DLC's chief economist says

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Inman

OCTOBER 30, 2023

Boom's new product will allow virtually any large-scale property management platform or rent payment gateway to directly embed its payment reporting module for faster, simpler reporting of tenant payment records.

Tenants 186

Tenants Property Management Technology 186

BiggerPockets

OCTOBER 30, 2023

Earlier this month, AirDNA rolled out a game-changing feature on their platform, helping short-term rental investors even more.

Investors 82

Investors Investing Real Estate 82

Inman

OCTOBER 30, 2023

The user mark represents a 598 percent three-year revenue increase for RentSpree and the notoriety of being named to the Inc. 5000 list of the country’s fastest growing private companies.

Technology 176

Technology Real Estate Marketing 176

BiggerPockets

OCTOBER 30, 2023

A CMA is much more than a boring collection of data to sort through. It’s your secret weapon for evaluating a property’s investment potential. Therefore, doing a CMA before making a buy or sell decision is time well spent.

Marketing 63

Marketing Investing Real Estate 63

Inman

OCTOBER 30, 2023

Keller Williams co-founder Gary Keller provided lengthy testimony Friday as the defense wrapped up a case to be decided by a Kansas City jury later this week.

Real Estate 184

Real Estate Brokerage Agents 184

BiggerPockets

OCTOBER 30, 2023

Rent prices are moving, but how much and where? Here's what the latest data says about the market.

Marketing 80

Marketing Housing Market 80

Inman

OCTOBER 30, 2023

How can forward-thinking property managers mitigate the effects of inflation? It requires informed strategies and creative thinking. Here’s our approach.

Property Management 184

Property Management Investing Real Estate Investors 184

Mortgagebroker News

OCTOBER 30, 2023

Lengthy industry experience helps a professional make the most of their strong foundations

Mortgage 82

Mortgage 82

Inman

OCTOBER 30, 2023

Company puts heat on regulators to stick to 2025 timetable for requiring lenders to use VantageScore 4.0 to evaluate borrowers, saying delays could impact "creditworthy people of color.

Mortgage 182

Mortgage 182

Mortgagebroker News

OCTOBER 30, 2023

Bank flags risks of homeowners renewing at higher rates

Mortgage 89

Mortgage 89

Inman

OCTOBER 30, 2023

The $4.5 million agreement follows similar settlements with "big four" title insurance underwriters Fidelity National Financial, Old Republic National Title Insurance and Stewart Title Guaranty.

Insurance 175

Insurance Mortgage 175

Mortgagebroker News

OCTOBER 30, 2023

President-owner discusses new private mortgage course requirements

Agents 77

Agents Mortgage 77

Inman

OCTOBER 30, 2023

One of the most important metrics for property managers and real estate agents — lead to lease conversion — is key to understanding if your current leasing tactics are optimized for success.

Real Estate Agent 170

Real Estate Agent Property Management Tools Real Estate 170

Mortgagebroker News

OCTOBER 30, 2023

Chief financial officer Michel Tremblay will be serving as interim head

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