Housing Wire

MARCH 1, 2023

Fannie Mae updated its Selling Guide on Wednesday to include more options for property valuations, saying that they are “moving away from implying that an appraisal is a default requirement.” Those options include value acceptance (formerly appraisal waivers), value acceptance plus property data and hybrid appraisals. “We are on a journey of continuous improvement to make the home valuation process more efficient and accurate.

Appraisal 458

Appraisal Valuation Appraisal Process Technology 458

George Dell

MARCH 1, 2023

Ah, this is easy – pick comps! This was pretty easy, compared to the many other things I had to learn. It was a little harder than making adjustments though. For adjustments, I had an adjustment sheet. I foolishly asked how the numbers were arrived at. The answer was “It comes from many years of […] The post How Do You Pick Comps? Pt I appeared first on George Dell, SRA, MAI, ASA, CRE.

Appraisal 370

Appraisal 370

Housing Wire

MARCH 1, 2023

Higher mortgage rates have zapped mortgage demand, as buyers are having second thoughts about purchasing homes. Mortgage applications for home purchases dropped 6% for the week ending February 24 from the previous week, according to the Mortgage Bankers Association ’s seasonally adjusted index. Mortgage demand was also 44% lower than the same week a year ago, and is now sitting at a 28-year low.

Housing Market 384

Housing Market Business Mortgage Marketing 384

Real Estate News

MARCH 1, 2023

The Agency extends global reach, BHGRE adds two affiliates, JPAR comes to the Bay Area, EXIT aims for "aggressive growth," KW agent opens boutique brokerage.

Brokerage 224

Brokerage Agents 224

Housing Wire

MARCH 1, 2023

Issuance of agency mortgage-backed securities (MBS) is projected to contract significantly over the next two years in the face of a housing-market contraction, but the actual supply of MBS available for purchase in the private market is expected to swell to record levels over that period. That’s the takeaway from a recent market report by the Amherst Group , a real estate investment firm based in Austin, Texas.

Marketing 384

Marketing Investing Mortgage Investors 384

Real Estate News

MARCH 1, 2023

Building your SOI is critical to long-term success in real estate. Veteran agent Jay Thompson offers practical tips for growing and nurturing your sphere.

Agents 213

Agents Real Estate 213

Inman

MARCH 1, 2023

With billions saved — and lost — Opendoor is living by the creed "go big or go home." Yet even after a dreary Q4, the iBuyer persists, which may be the biggest takeaway, Mike DelPrete writes exclusively for Intel.

Real Estate 195

Real Estate Technology Brokerage 195

Housing Wire

MARCH 1, 2023

For decades, the housing industry has viewed climate risk as a fairly straightforward issue. You build the home to code. You use the right comps to appraise it. You check the 100-year floodplain determination box during origination. Job’s done – the rest can be handled by the property and casualty folks. Recently; however, that perspective has begun to fade as the frequency and severity of these ‘once-in-a-lifetime’ events has continued to increase, each one causing more damage than

Insurance 382

Insurance Supply Chain Design Government 382

Real Estate News

MARCH 1, 2023

A new report by the Dallas Federal Reserve said that "frothiness" in the real estate marketplace could lead to a "deep global housing slide.

Real Estate 190

Real Estate Marketing 190

Housing Wire

MARCH 1, 2023

Opteon , a Scottsdale-based appraisal, valuation, advisory, and property services provider, has expanded its direct-to-consumer business model nationwide, the company announced on Wednesday. The goal of the expansion is to provide homeowners and buyers, along with real estate, legal, and tax professionals, the option to order an appraisal directly through Opteon’s services, according to a statement from the company. “Through this expansion, we’re solidifying our commitment to o

Appraisal 377

Appraisal Valuation Technology Real Estate 377

Real Estate News

MARCH 1, 2023

A Zillow survey found that incorrect pricing topped the list of seller regrets — underscoring the need for agents to help set clear expectations.

Sellers 176

Sellers Agents 176

Housing Wire

MARCH 1, 2023

Income verification platform Truework has added its automated service ordering feature to Intercontinental Exchange (ICE) Mortgage Technology ’’s loan origination system Encompass. The integration is now built on the latest Encompass Partner Connect application programming interface (API) platform and is available through ICE Mortgage Technology , Truework said Wednesday.

Technology 360

Technology Mortgage Development Business 360

Inman

MARCH 1, 2023

Think DIY is just for newbies to the real estate industry? Find out how you can bootstrap aspects of your business at any point — and how to decide which skills you bring to the table.

Real Estate 164

Real Estate Business Brokerage Agents 164

Housing Wire

MARCH 1, 2023

San Francisco-based SaaS technology provider Polly on Monday announced its API integration with Total Expert, a customer engagement platform purpose-built for financial institutions. Through this API integration, users can populate MLS and non-MLS rate flyers in a short period of time using “real-time, scenario-specific mortgage offers” delivered through Polly’s cloud-native Product and Pricing Engine (PPE), according to a prepared statement.

Real Estate Agent 357

Real Estate Agent Technology Open Houses Loan Officers 357

Inman

MARCH 1, 2023

Whether you're looking to quickly make easy graphics or informative and engaging content, these free tools offer a wide range of features to help you elevate your social media presence.

Tools 157

Tools Design 157

Housing Wire

MARCH 1, 2023

The financials are all red for the top U.S. mortgage lenders for the fourth quarter of 2022. United Wholesale Mortgage (UWM) reported on Wednesday morning an unprofitable quarter, the day after Rocket Companies disclosed its most significant quarterly loss in company history to the market. UWM, the top U.S. wholesale lender, maintained flat gain-on-sale margins relatively in the fourth quarter of 2022, despite competitive pricing initiatives.

Mortgage 348

Mortgage Technology Investing Marketing 348

Inman

MARCH 1, 2023

It's not enough to maintain the status quo, Douglas Elliman's Peter Hannis Hernandez writes. Making your mark as a leader involves a growth mindset and a focus on the bottom line.

Brokerage 148

Brokerage Agents 148

GoForrmz

MARCH 1, 2023

The GoFormz team will be exhibiting at the New York Build Expo 2023! We couldn’t be more excited to be in attendance at the New York Build Expo at the Javits Center, on March 8 & 9, 2023. Do you have your tickets yet? New York Build Expo 2023 New York Build is attended by thousands of AEC & real estate professionals. The free to attend show features: 350+ incredible speakers across 12 tracks and AIA CES approved workshops, 300+ exhibitors, the USA's largest meeting of Women in Constructi

Construction 148

Construction Project Management Business Real Estate 148

Inman

MARCH 1, 2023

RE/MAX founder Dave Liniger and CEO Nick Bailey cemented the Denver-based franchisor's 2023 R4 conference with personal keynotes reflecting on RE/MAX's past and hopes for its future.

Agents 148

Agents Brokerage 148

Clear Capital

MARCH 1, 2023

Live from ICE Experience 2023. ClearCast host Kenon Chen sits down with Stephanie Durflinger , SVP of Product Management at ICE Mortgage Technolog y. The pair discuss the market and how the industry is responding with automation and new, innovative solutions. Listen below! The post Conversations at ICE Experience 2023: Stephanie Durflinger, SVP, Product Management, ICE Mortgage Technology appeared first on ClearCapital.com, Inc.

Technology 74

Technology Mortgage Marketing 74

Inman

MARCH 1, 2023

With their moves to eXp, the two teams have decided to merge under the Tampa Bay Home Team banner and will also strategically collaborate with the Kendall Bonner Team across the greater Tampa market.

Realty 148

Realty Marketing Brokerage Agents 148

Valuation Review

MARCH 1, 2023

Appraisal Subcommittee Executive Director Jim Park shares thoughts on bias hearing in Washington.

Appraisal 78

Appraisal 78

Inman

MARCH 1, 2023

Disruptive sales models, lead aggregators and search products have transformed proptech into a true marketplace while freeing venture capitalists up to become more than mere power brokers.

Technology 148

Technology Investing Real Estate Brokerage 148

Clear Capital

MARCH 1, 2023

For the 11th year, HousingWire is spotlighting the top tech organizations in mortgage Clear Capital has been named a 2023 HousingWire Tech100 Mortgage winner ! For more than a decade, HousingWire’s Tech100 program has identified and recognized the most innovative technology companies serving the mortgage and real estate industries. The 2023 Tech100 Mortgage winners are continuing to bring innovation to the mortgage process – from origination to closing, and servicing to secondary markets.

Mortgage 69

Mortgage Inspection Market Value Technology 69

Inman

MARCH 1, 2023

Migratory waves over the past three years due to the pandemic have caused homeownership tenure to decline modestly, but an uptick is expected thanks to a rise in mortgage rates, Redfin data shows.

Mortgage 148

Mortgage Marketing 148

Clear Capital

MARCH 1, 2023

Live from ICE Experience 2023. ClearCast host Kenon Chen sits down for a conversation with Sarah Knochel , CEO of Data and Analytics at Candor Technology , and Tom Booker , Chief Strategy Officer at Candor Technology. Sarah and Tom discuss their backgrounds, what led them to the mortgage industry, and how Candor Technology is working to create transparency and improve the experience for borrowers, lenders, and investors.

Technology 69

Technology Investors Mortgage 69

Inman

MARCH 1, 2023

Tech tools, such as social listening and customer relationship management software, allow agents to use data in real time to make informed decisions about both marketing and sales of properties.

Marketing 147

Marketing Tools Agents 147

Valuation Review

MARCH 1, 2023

Recently, the National Fair Housing Alliance declined to join The Appraisal Foundation's consumer council.

Appraisal 60

Appraisal 60

Inman

MARCH 1, 2023

When it comes to effectively marketing one's personal brand, there are a number tools and tactics that might cost time, money, energy or repeat business, and therefore, it's imperative to parse through what's worth the investment and what's not.

Tools 147

Tools Marketing Investing Business 147

Valuation Review

MARCH 1, 2023

Confer, Inc. founder and CEO Yatin Karnik shares additional thoughts relating to market activity.

Marketing 78

Marketing Mortgage 78

Inman

MARCH 1, 2023

Eighty-four percent of recent first-time homesellers over the past two years believe they could have sold their homes for a higher price if they had made better decisions.

Sellers 148

Sellers Marketing 148

San Jose Real Estate

MARCH 1, 2023

You keep reading that it's a "seller's market" in Silicon Valley real estate. You hear about multiple offers and home prices getting pushed up. There are tax credits which cause buyers to fight to buy homes. Should you jump in as a San Jose area seller now? Maybe, but if you do it, do it right! The dirty little secret that no one talks about is that most Santa Clara County homes for sale are not selling.

Sellers 49

Sellers Marketing Real Estate Buyers 49

Inman

MARCH 1, 2023

After a nine-month stint with Real, the Orlando-based Ken Pozek Group has returned to Keller Williams. The 21-agent team closed $322 million in sales in 2021 and 2022.

Agents 148

Agents Real Estate Brokerage 148

Valuation Review

MARCH 1, 2023

Snapdocs recently announced the completion of its integration with Mortgage Cadence.

Mortgage 60

Mortgage 60