Housing Wire

FEBRUARY 6, 2025

Whether you grew up dreaming of a career in real estate or journeyed into it, it’s important to prepare yourself for the challenges of this career. I happen to be one of the kids who actually dreamed of working in real estate. My grandfather was a builder and owned and managed several properties himself. As a young girl, I would sit at his desk with pens, paper, and Post-it notes, pretending to run the business.

Real Estate 391

Real Estate Real Estate Agent Agents Clients 391

Appraisal Buzz

FEBRUARY 6, 2025

According to the most recent quarterly report from the National Association of Realtors (NAR), home prices increased in nearly 90% of metro markets (201 out of 226, or 89%) in Q4 of 2024, while the 30-year fixed mortgage rate varied between 6.12% and 6.85%. Compared to 7% in Q3, some14% of the 226 metro regions under observation had double-digit price increases within the same time frame.

Buyers 376

Buyers Mortgage Marketing Realtors 376

Housing Wire

FEBRUARY 6, 2025

New data released Thursday by the Mortgage Bankers Association (MBA) revealed that the delinquency rate for mortgages on one- to four-unit residential properties increased to a seasonally adjusted rate of 3.98% of all loans outstanding at the end of 2024. The national delinquency rate was up 6 basis points (bps) from Q3 2024 and up 10 bps from one year ago.

Mortgage 417

Mortgage 417

Appraisal Buzz

FEBRUARY 6, 2025

Freddie Mac has announced the nine winners of its 2024 Servicer Honors and Rewards Program (SHARP) , which recognizes mortgage loan servicers for quality servicing, risk management, and sustainable homeownership resulting in superior portfolio performance. The winners represent outstanding customer service and positive efforts to prevent and alleviate loan delinquencies.

Mortgage 415

Mortgage Clients Appraisal 415

Speaker: Dylan Secrest

Construction projects are high-stakes operations where even minor inefficiencies can lead to costly delays, safety concerns, and budget overruns. Managing risk in construction has always been a challenge, but as projects grow in complexity, traditional methods no longer cut it. Enter Digital Transformation - a game changer approach that replaces inefficiency with AI-powered analytics, real-time monitoring, and automated workflows to proactively manage risk.

Technology

Housing Wire

FEBRUARY 6, 2025

Nearly 90% of U.S. metropolitan areas analyzed experienced annualized home-price gains in the fourth quarter of 2024, according to data published Thursday by the National Association of Realtors (NAR). NAR found that 201 of 226 metro areas (89%) saw sale prices for single-family homes rise on a yearly basis in Q4 2024, up from 87% in the prior quarter.

Realtors 415

Realtors Buyers Marketing Mortgage 415

Housing Wire

FEBRUARY 6, 2025

Homeowners have noted for some time that property taxes have risen precipitously, and this has the potential to heavily impact people living on a fixed income. But certain tax deferral options available to seniors and veterans should be employed if necessary, according to a Tennessee county official who spoke with a local radio station in Rutherford County.

Property Taxes 444

Property Taxes Mortgage Design Marketing 444

Appraisal Buzz

FEBRUARY 6, 2025

Mortgage rates fell for a third straight week, with the average rate for a 30-year, fixed-rate mortgage dropping to 6.89%, down from 6.95% last week, according to Freddie Macs Primary Mortgage Market Survey. A year ago as this time the average rate for a 30-year was 6.64%. The 30-year fixed-rate mortgage decreased this week, now averaging 6.89%, says Sam Khater, chief economist for Freddie Mac, in a statement.

Mortgage 358

Mortgage Marketing Investors Appraisal 358

Housing Wire

FEBRUARY 6, 2025

Rithm Capital , which owns multichannel mortgage lender Newrez , built upon its success in 2023 with net income of $835 million in 2024. That figure represented a 57% increase from its profit of $533 million a year earlier. In its fourth-quarter and full-year 2024 earnings report released Thursday, New York-based Rithm posted GAAP net income of $263.2 million in the final three months of the year.

Business 411

Business Mortgage Investors Finance 411

Appraisal Buzz

FEBRUARY 6, 2025

Legal League has issued a brief on the recent decision in the state of Pennsylvania in the case of Foxfield at Naamans Creek v. Eventoff, R. At the heart of the case is the question if a homeowners association (HOA) foreclosure could divest a first mortgage from a property. Legal League is a professional association of financial services law firms, uniquely positioned to drive progress in the mortgage servicing industry.

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HOA Legal Law Lending 273

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Real Estate

Housing Wire

FEBRUARY 6, 2025

Redfin s legal load just got a bit lighter. On Wednesday, plaintiff Guillermo Mata filed a notice of voluntary dismissal of his video privacy lawsuit against the Seattle-based brokerage. The suit is being dismissed with prejudice, meaning that Mata cannot refile the suit under the same claim. Originally filed in June 2024 in the U.S. District Court for the Southern District of California , Mata accused Redfin of violating the Video Privacy Protection Act (VPPA) and the California Invasion of Pri

Brokerage 404

Brokerage Legal Agents Real Estate 404

Appraisal Buzz

FEBRUARY 6, 2025

Quality control (QC) in mortgage servicing is a necessity in order to ensure that products and services meet quality standards and customer expectations. Proper QC can help a mortgage servicer in a number of ways: Protect their reputation by ensuring products/services are reliable and live up to their standards, ultimately building both client, investor, and customer trust.

Mortgage 221

Mortgage Inspection Technology Clients 221

Housing Wire

FEBRUARY 6, 2025

Describing the modern-day mortgage market as challenging would be an understatement, to say the least. Mortgage interest rates have steadily ramped up throughout 2024. The average rate throughout 2024 for 30-year fixed mortgages was 6.72% higher than it was during the 2008 market crash. If thats not enough, affordability is still a distant dream for most homeowners.

Mortgage 343

Mortgage Training Construction Investors 343

Inman

FEBRUARY 6, 2025

Even with an uptick in new listings, homebuyers aren't rushing into the market. Instead, demand has dipped, leaving a growing supply of homes sitting as buyers remain hesitant about their next move, according to Redfin's latest data analysis. Over the four weeks ending Feb. 2, new listings across the U.S. have jumped 7.9 percent from last year to 76,194, the largest increase since late 2024, according to Redfin's analysis.

New Listings 152

New Listings Buyers Marketing Inventory 152

Housing Wire

FEBRUARY 6, 2025

It all started with sponge and a bucket of soapy water. Recently, I helped hand-wash the Vietnam Veterans Memorial in the District of Columbia. I honored my fellow service members and Naval Academy classmates who protected our country. I stood alongside Jan Scruggs , founder of the Vietnam Veterans Memorial. At that moment, the legacy of courage and sacrifice shared by our veteran community struck me.

Lending 326

Lending Insurance Government Mortgage 326

Inman

FEBRUARY 6, 2025

Home prices have continued their upward trend in Q4 2024, with 89 percent of U.S. metro areas seeing an increase in single-family existing-home prices, according to data released Thursday by NAR.

Buyers 153

Buyers Realtors Mortgage Marketing 153

Housing Wire

FEBRUARY 6, 2025

Multistate mortgage lender Click n’ Close on Thursday announced that it’s adding a 30-year, fixed-rate conventional loan option to its SmartBuy Shared Appreciation Mortgage (SAM) program. Texas-based Click n’ Close, formerly known as Mid America Mortgage , offers the SmartBuy SAM program as an alternative path to homeownership. SAM loans grant the lender a share of the home’s future appreciation in exchange for a lower interest rate.

Buyers 300

Buyers Tools Mortgage Technology 300

Inman

FEBRUARY 6, 2025

From underqualified agents to mindless recruiting practices, team leader Carl Medford outlines the things that need to change in order to elevate the industry.

Agents 151

Agents Law Real Estate Agent Development 151

Housing Wire

FEBRUARY 6, 2025

The HousingWire award spotlight series highlights the individuals and organizations that have been recognized through our Editors Choice Awards. Nominations for HousingWires 2025 Rising Stars Award are open now through February 28, 2025. Click here to nominate. Sean Soderstrom , co-founder and CEO of Courted , was named a 2024 Rising Star for his work in transforming real estate recruitment, retention, and market intelligence with data-driven solutions.

Real Estate 252

Real Estate Technology Brokerage Real Estate Agent 252

Inman

FEBRUARY 6, 2025

Six years after opening an office in Austin, Realtor.com is making the space its new headquarters. The company said it has more than 400 employees in Texas and now plans to add "hundreds more.

Housing Market 151

Housing Market Real Estate Marketing 151

Housing Wire

FEBRUARY 6, 2025

Deadlines in a lawsuit and countersuit stemming from allegations of deceptive reverse mortgage marketing practices have been pushed out one month to the end of March and mid-April, respectively, as all parties in the case advocate for more time. This stems from a preliminary injunction request filed by Longbridge Financial against Mutual of Omaha Mortgage , based on court documents reviewed by HousingWire s Reverse Mortgage Daily (RMD).

Mortgage 248

Mortgage Marketing Legal Law 248

Real Estate News

FEBRUARY 6, 2025

Rates appear to have stabilized in the upper-6% range, while an increase in new listings points to an early rise in inventory ahead of the spring season.

New Listings 219

New Listings Inventory Mortgage 219

Housing Wire

FEBRUARY 6, 2025

REsides , which bills itself as an online, “borderless” MLS announced Thursday that it’s partnering with startup proptech platform Rayse. REside members will have early access to the platform and all of its communication-focused features. The Rayse platform is designed to make agent-client relationships transparent in an evolving real estate market.

Client Relationships 221

Client Relationships Agents Technology Real Estate 221

Appraisal Buzz

FEBRUARY 6, 2025

Mortgage lender and servicer PennyMac Financial Services has launched NonDel+, its first full-service non-delegated solution, as a part of its Pennymac TPO offerings. The solution delivers an intuitive, end-to-end loan experience within the dynamic POWER+ portal that is specifically tailored to banker partners who value control over their loans, but desire support with disclosures, loan documents and additional services.

Tools 195

Tools Lending Technology Insurance 195

Housing Wire

FEBRUARY 6, 2025

Its been a little more than a year since Blue Sage Solutions announced its new servicing platform that merges loan origination and servicing functions using API-based technology a move that marked a significant shift from its origination-focused past. David Aach , the company’s chief operating officer, sat down with HousingWire s Sarah Wolak to talk about Blue Sage’s goals for full implementation by 2026 and the hurdles the platform has overcome as a newcomer to the servicing indust

Investors 221

Investors Clients Business Technology 221

Appraisal Buzz

FEBRUARY 6, 2025

Mortgage lock volume dipped 0.12% in January compared with December, according to Mortgage Capital Trading (MCT), which offers mortgage capital markets technology. Despite a drop in refinance volume, purchase volume remained steady, resulting in relatively no change in overall production volume month-over-month, MCT says in its latest monthly lock volume report.

Mortgage 195

Mortgage Technology Appraisal Marketing 195

Housing Wire

FEBRUARY 6, 2025

On Thursday, PennyMac Financial Services Inc. announced the launch of its full-service, nondelegated mortgage solution, NonDel+, an end-to-end loan experience within its dynamic POWER+ portal. According to a company press release, the new product is “specifically tailored to banker partners who value control over their loans, but desire support with disclosures, loan documents and additional services.” Kim Nichols , Pennymac’s chief TPO production officer, expressed excitement

Mortgage 243

Mortgage Tools Lending Insurance 243

Empire Appraisal Group

FEBRUARY 6, 2025

News & Media yongyuan, E+, Getty Images Source: [link] Boomers Plan to Pass $17T in Equity to Children Freddie Mac reports 75% of boomer homeowners plan to leave their home or its sale proceeds to family, with home equity totaling $17 trillion nationwide. MCLEAN, Va. Three quarters of homeowners born before 1964 are likely to leave much of their $17 trillion in home equity to their children, according to Freddie Macs latest analysis of the housing perceptions, preferences and plans of baby

Mortgage 78

Mortgage Realtors Finance Technology 78

GoForrmz

FEBRUARY 6, 2025

GoFormz features that help boost compliance efforts Compliance is a top priority for businesses across industries, especially those handling sensitive data. Whether meeting regulatory requirements, improving reporting accuracy, or maintaining secure records, digital forms are crucial in streamlining compliance efforts. According to the GoFormz 2024 Customer Survey, 22% of respondents sought a mobile forms solution specifically to enhance regulatory compliance, and 56% needed better reporting.

Business 78

Business Legal Tools 78

Real Estate News

FEBRUARY 6, 2025

MLSs have a new way to give researchers quality data and manage the process securely. Plus, CRMLS to share data with other Western MLSs, and more news.

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Eyes on Housing

FEBRUARY 6, 2025

The most significant challenge builders faced in 2024 was high interest rates, as reported by 91% of builders in the latest NAHB/Wells Fargo Housing Market Index survey. A smaller, albeit still significant share of 78% expect interest rates to remain a problem in 2025. The next four most serious issues builders faced in 2024 were rising.

Housing Market 136

Housing Market Marketing 136

Lamacchia Realty

FEBRUARY 6, 2025

Laurie Howe Bourgeios ranked #1 in Leominster and Fitchburg MA We are thrilled to announce that once again, Laurie Howe Bourgeois has ranked #1 in Leominster for both closed sales dollar volume and transactions and #1 in Fitchburg for closed sales dollar volume!In Laurie’s 25-year career in real estate, she has closed over 650 sales with 425 being in just Leominster & Fitchburg.

Realty 69

Realty Clients Real Estate Agents 69

Inman

FEBRUARY 6, 2025

Find out how this broker is "elevating the luxury real estate market in San Antonio, and offering affordable luxury that redefines excellence.

Real Estate 95

Real Estate Marketing Brokerage 95