Housing Wire

JULY 18, 2023

Minneapolis-based U.S. Bank , the fourth-largest U.S. mortgage lender, is laying off staffers in its mortgage division this week, a spokesperson confirmed on Tuesday. The announcement follows a decline in its mortgage originations in the first quarter of 2023 – the second-quarter earnings will be released on Wednesday morning. The current jobs cut also comes amid rumors that depositary lenders would see changes to their residential mortgage capital requirements under the Basel III regulations.

Mortgage 370

Mortgage Retail Lending Business 370

Sacramento Appraisal Blog

JULY 18, 2023

The weather has been scorching in so many areas across the country. I don’t know about you, but I’ve been thinking about water, lakes, and air conditioning quite a bit this week. Anyway, today I have some pool stats that I’m excited to share. I also want to show you the DIY “pool” I built […] The post The value of a pool in real estate first appeared on Sacramento Appraisal Blog | Real Estate Appraiser.

Real Estate 328

Real Estate Appraisal Marketing 328

Housing Wire

JULY 18, 2023

Agent recruitment has been off to a strong start this month at The Agency Dallas. In recent weeks the brokerage has welcomed brokers and agents who have collectively closed over $110 million in the last 12 months, the company claims. Among those top performing agents are Grecia “GG” Garza, Francisco Rizo, Bret Whitfield and Eddie Wilbanks. Garza is joining The Agency after nine years at Rogers Healy Associates , where she closed $20 million in sale volume last year.

Agents 370

Agents Loan Officers Brokerage Clients 370

The Appraiser Coach

JULY 18, 2023

We all have our hobbies. I’ve talked to people who enjoy everything from quilting to drag racing to bird watching, and everything in between. Hobbies are an important part of our lives, but so often these days we don’t make time to do them. It’s easy to get stuck in a rut, with the to-do list looming bigger and bigger, the problems constantly mounting, and your hair becoming awash with gray as you try to keep up.

Business 195

Business Appraisal Inspection Advertising 195

Housing Wire

JULY 18, 2023

Under the latest rumored changes to Basel III regulations , large depository institutions would see residential mortgage capital requirements that far exceed international standards, according to a report by Bloomberg. The Federal Reserve , Federal Depository Insurance Corporation and the Office of the Comptroller of the Currency , which together regulate large depository banks, are expected to unveil the proposed changes on July 27.

Lending 370

Lending Mortgage Insurance Government 370

Miller Samuel

JULY 18, 2023

I joined Dennis Scully again on The Business of Home podcast: The Thursday Show: A real estate check-in with Jonathan Miller, why Gen Z loves dupes and more. A lot has happened since our previous conversation back in July 2022. Other than having quality issues with my microphone , I really enjoyed the conversation. It starts at the 25:22 mark. [click on the image to play] The post [Business of Home Podcast] A Real Estate Check-In With Jonathan Miller first appeared on Miller Samuel Real Estate A

Real Estate 195

Real Estate Business Appraisal Decorating 195

The Appraiser Coach

JULY 18, 2023

We all have our hobbies. I’ve talked to people who enjoy everything from quilting to drag racing to bird watching, and everything in.

Inspection 195

Inspection Advertising Real Estate Agent Business 195

Housing Wire

JULY 18, 2023

For the seventh consecutive month, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) report rose month-over-month , gaining one-point to a reading of 56, according to a report released Tuesday. This is the index’s highest reading since June 2022. The NAHB/HMI report is based on a monthly survey of NAHB members, in which homebuilders are asked to rate both current market conditions for the sale of new homes and expected conditions for the next six months,

Inventory 370

Inventory Construction Buyers Housing Market 370

Real Estate News

JULY 18, 2023

NWMLS launches app; New Mexico MLS adopts Aligned Showings; CRMLS updates member dashboard; iGo acquires products; Clear Capital integrates with ICE API; more.

215

215

Housing Wire

JULY 18, 2023

California Regional Multiple Listing Service (CRMLS) has announced the full release of its REcenterhub dashboard across its three MLS systems: CRMLS Matrix, CRMLS Paragon, and Flexmls. After being available as part of the REcenterhub ecosystem since 2022, it has now become the default dashboard for CRMLS’ user base of more than 110,000 real estate professionals.

Modernization 370

Modernization Real Estate Training Development 370

Real Estate News

JULY 18, 2023

While rising interest rates have slowed the rate of increase, confidence is at its highest level in more than a year.

Buyers 245

Buyers 245

Housing Wire

JULY 18, 2023

Denver, Colorado-based Maxwell , a mortgage fintech solutions platform, has announced that product development veteran Paul Wetzel has joined the company as senior vice president of product. Wetzel brings extensive experience in B2B and B2B2C software product leadership, mortgage-specific market strategy and company growth in various industries. In his new role, Wetzel will focus on enhancing and innovating Maxwell’s existing suite of software solutions by incorporating human-driven capabi

Technology 369

Technology Mortgage Lending Real Estate 369

Real Estate News

JULY 18, 2023

More than 185,000 properties had foreclosure activity in the first half of 2023, up 13% from last year.

188

188

Housing Wire

JULY 18, 2023

In the fast-paced and demanding world of real estate , a happy and motivated team can be the key to long-term success. As a leader, it’s crucial to invest time and effort in nurturing your team’s satisfaction and well-being. Here are five effective strategies to keep your team members happy and engaged, fostering a positive and productive work environment that they want to be a part of year after year. 1.

Real Estate 369

Real Estate Logistics Development Training 369

Inman

JULY 18, 2023

Palm Bay, Cape Coral and Tampa top WalletHub's list of the best markets for first-time homebuyers. However, a closer look at the rankings shows first-timers may need to sacrifice quality of life for affordability gains.

Marketing 148

Marketing Buyers 148

Housing Wire

JULY 18, 2023

Bank of America (BofA), a top-20 U.S. mortgage lender, reported on Tuesday significant improvements to its home loan business in the second quarter of 2023, just as competitors JPMorgan Chase and Wells Fargo did late last week. But executives at all three banks expect some major regulatory headwinds. Rumors are that large banks would see residential mortgage capital requirements that far exceed international standards under the Basel III rules, which are expected to be unveiled on July 2

Mortgage 368

Mortgage Lending Business Retail 368

Inman

JULY 18, 2023

From July 24 to 28, Century 21 and its affiliated companies will raise money for nonprofits that address food, healthcare and education inequalities. C21 corporate has pledged to match up to $50K in donations to longtime nonprofit partner, Easterseals.

Brokerage 148

Brokerage 148

Eyes on Housing

JULY 18, 2023

While US homeownership rates have been rising since 2015 and received an extra boost during the post-pandemic housing boom, they remain below the levels reached during the housing boom of the mid-2000s. With the national trends reflecting fundamental drivers of homeowners, local markets often tell different and unique stories. NAHB’s analysis of the 2021 5-year ACS county-level data reveals substantial.

Marketing 147

Marketing 147

Inman

JULY 18, 2023

Thanks to low inventory and high mortgage rates, just 14 homes out of 1,000 changed hands in the first six months of 2023, the lowest rate in a decade, according to data released Tuesday by Redfin.

Inventory 148

Inventory Mortgage Marketing 148

Mortgagebroker News

JULY 18, 2023

The company is looking to strengthen existing connections with brokers and maintain constant touchpoints throughout the mortgage process

Mortgage 68

Mortgage 68

Inman

JULY 18, 2023

Current and pending laws nationwide represent an invitation for discrimination against the AANHPI community, Asian Real Estate Association of America President Kurt Nishimura writes.

Buyers 148

Buyers Agents Law Real Estate 148

Mortgagebroker News

JULY 18, 2023

CMP spoke with two experts in the commercial space on the year to date – and what’s next

Marketing 68

Marketing 68

Inman

JULY 18, 2023

Named for its distinctive wing-shaped roof that resembles a butterfly, the property was designed and built by architect Frank Wynkoop in 1951. The sale marks one of the priciest ever to close in the area.

Design 148

Design Realty 148

Mortgagebroker News

JULY 18, 2023

The move opens more options for non-bank small commercial financing in Alberta and British Columbia

Finance 68

Finance 68

Inman

JULY 18, 2023

The co-founder of Countrywide Financial cast himself as the leader of the revolution to expand access to mortgage lending but became the public face of the subprime mortgage collapse.

Lending 147

Lending Mortgage 147

Mortgagebroker News

JULY 18, 2023

Feedback from clients and colleagues ensure a collaborative approach towards iteration

Clients 67

Clients Mortgage 67

Inman

JULY 18, 2023

Higharc, which offers an enterprise-level homebuilding visualization and business operations solution, has received a $15 million investment from a trio of notable innovation backers headlined by Home Depot Ventures, the venture capital initiative of the massive home goods retailer, according to Higharc.

Retail 146

Retail Investing Business Construction 146

Mortgagebroker News

JULY 18, 2023

June's results were the largest month-over-month increase for a decade

68

68

Inman

JULY 18, 2023

Lloyd spent about four years at Compass before her move, Inman has exclusively learned. She has helped facilitate nearly $200 million in sales across New York City over the course of her roughly 10-year career.

Brokerage 146

Brokerage Agents 146

Mortgagebroker News

JULY 18, 2023

Economist highlights the possibilities involving population growth dynamics

68

68

Inman

JULY 18, 2023

The power of incremental change is monumental. Small improvements every day will compound into extraordinary results over time, team leader Carl Medford says.

Real Estate Agent 148

Real Estate Agent Real Estate Agents Business 148

Mortgagebroker News

JULY 18, 2023

June's results were the largest month-over-month increase for a decade

68

68

Inman

JULY 18, 2023

Savvy investors recognize that when your vacation home is empty, it’s just draining your bank account. Here’s how to turn it into a lucrative short-term rental.

Investors 146

Investors Real Estate 146

Mortgagebroker News

JULY 18, 2023

Building activity has fallen far short of desired targets in recent years

Construction 68

Construction 68