Mon.Jun 26, 2023

article thumbnail

How can mortgage brokers gain an advantage right now?

Housing Wire

HousingWire recently spoke to Ryan Carry, SVP of Wholesale at Change Wholesale , about the wholesale channel and how brokers can gain an advantage in the current fluctuating market. HousingWire: How is the current fluctuating market affecting the wholesale channel? Ryan Carry: At Change Wholesale, we welcome and embrace fluctuations and changes in the market.

Mortgage 397
article thumbnail

'Collaboration over competition' fuels Chicago broker collective

Real Estate News

The Collaborative Edge is a group of five brokers who manage their own client relationships but share time and resources to help one another succeed.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

GSEs completed nearly 60,000 foreclosure prevention actions in Q1 2023: FHFA

Housing Wire

Government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac completed 58,268 foreclosure prevention actions during the first quarter of 2023, raising the total number of homeowners who have been helped to 6,771,101 since the start of conservatorships in September 2008. This is according to the Federal Housing Finance Agency (FHFA) Q1 2023 Foreclosure Prevention and Refinance Report, which was published late last week.

article thumbnail

New platform allows agents to add hyperlocal data to websites

Real Estate News

Neighborhood Navigator, created by property data company ATTOM, gives real estate professionals a new way to provide clients with detailed community info.

Agents 202
article thumbnail

Arc Home COO Suzy Lindblom to speak at HW Annual

Housing Wire

Need to empower the leadership at your organization? Want to increase efficiency in your mortgage business? Or, seeking guidance for mentoring new employees? Suzy Lindblom will speak to all of these topics when she takes the stage at HW Annual. Register for HW Annual today to catch Lindblom on stage alongside other powerful women of influence. Register Serving as chief operating officer at Arc Home , Lindblom is also a HousingWire Vanguard award winner and a two-time Women of Influence Honoree.

Lending 370
article thumbnail

This powerhouse empowers women while building community

Inman

Stacey Soleil, head of community and industry relations at Follow Up Boss, is a force to be reckoned with in the real estate industry, cultivating a community-first approach, fostering an environment of inclusion, equity and diversity.

More Trending

article thumbnail

‘Together we’ — How women in real estate are working to thrive

Inman

Women gathered to share how to move forward in challenging times — together — at WomanUP! 2023. Here’s a splinter of the wisdom they shared and why it matters so much right now.

article thumbnail

Title insurers’ capital adequacy declined in 2022: Fitch Ratings

Housing Wire

Rising mortgage rates , lower homebuyer demand and fewer homeowners choosing to sell their homes caused the housing market to slow during the second half of 2022. In the title insurance industry this resulted in a drop in capital adequacy , according to a report released Friday by Fitch Ratings. In 2022, the title industry’s aggregated risk-adjusted capital (RAC) ratio, which is a measure of resiliency of a financial institution’s balance sheet to endure an economic risk or recession, fell to 16

Insurance 370
article thumbnail

Fed tightening likely to produce a ‘modest recession:’ Economists

Inman

Fannie Mae forecasters say the Federal Reserve's decision on how high and long to keep rates up presents "a major risk over the next year," with a question of a downturn more a matter of "when" than "if.

Mortgage 148
article thumbnail

Black Knight execs discuss technology, other appraiser topics

Valuation Review

Valuation Review spoke with two Black Knight vice presidents about specific matters appraisers are dealing with today, as well as some technology initiatives that can make the industry more productive. Desktop appraisals, AVMs and artificial intelligence were a few of the issues brought. Read on for more from the Black Knight team.

article thumbnail

The island life: Key considerations when buying land on a private island

Inman

If you represent a coastal real estate market like Gina Stockwell, you may also have buyers inquire about buying land on a private island. Here are some of the main considerations for agents and clients to keep in mind.

article thumbnail

How to Get a Mortgage Preapproval

BiggerPockets

Have you ever wondered how to get a preapproval mortgage? Learn about how to get your preapproval mortgage, and the differences between the types of approvals.

article thumbnail

Loan servicers’ pandemic-relief efforts ‘a major success story’

Inman

Mortgage loan servicers collecting payments on loans guaranteed by Fannie Mae and Freddie Mac completed 2.36 million "home retention actions" during the COVID-19 pandemic.

Mortgage 146
article thumbnail

TAF calling for board applicants

Valuation Review

The Appraisal Foundation has begun its annual search for qualified candidates to serve on the Appraiser Qualifications Board and the Appraisal Standards Board. The deadline for all applications is Aug. 1.

article thumbnail

Don’t let these 9 hurdles halt your buyer deals

Inman

Keep your deals moving forward and your clients happy with these nine practices for efficient transaction management from trainer Darryl Davis.

Buyers 155
article thumbnail

Survey: Best, worst cities revealed for ‘staycations’

Valuation Review

With around 85 percent of Americans planning to travel this summer but inflation making trips costly, the personal-finance website WalletHub recently released its report on “2023’s Best and Worst Cities for Staycations.” To identify the best spots for staying local, WalletHub compared more than 180 cities across 42 key indicators.

Finance 60
article thumbnail

Craving attention? This self-professed ‘stage mom’ can help

Inman

Ready to get your name out there and develop thought leadership in real estate and entrepreneurship? PR expert Lisa Fettner offers her secrets.

article thumbnail

ATTOM: Zombie foreclosures keep increasing

Valuation Review

ATTOM recently released its second quarter “2023 Vacant Property and Zombie Foreclosure Report” showing that 1.3 million residential properties in the United States are vacant. That figure represents 1.3 percent, or one in 79 homes, across the nation.

60
article thumbnail

How do I get better engagement on Instagram Stories?

Inman

So you've got a lot of followers but don't know what to say? Find out how to increase engagement in Instagram Stories.

Agents 147
article thumbnail

AQB adopts new edition of Real Property Appraiser Qualification Criteria

Valuation Review

On June 22, the Appraiser Qualifications Board voted to adopt the Second Exposure Draft of proposed changes to the Real Property Appraiser Qualification Criteria. The new edition will become effective on Jan. 1, 2026.

article thumbnail

Lesson Learned: Listen and look beyond the superficial

Inman

Learn why NYC real estate team leader Noble Black believes that appearances don't always count when it comes to clients.

article thumbnail

CoreLogic: Mortgage delinquency rates drop to all-time low for March

Valuation Review

CoreLogic recently released its monthly Loan Performance Insights Report for March. Early-stage delinquencies (30 to 59 days past due) were 1.1 percent, unchanged from March 2022. Read on to learn more.

article thumbnail

Maximizing Profits With Fear and Greed: 10 Important Thoughts Investors Should Know During These Volatile Times

BiggerPockets

These are volatile and uncertain times. How do you maximize your bottom line when it's harder than ever to know what's coming next? Here's what you should know.

article thumbnail

MISMO valuation expert addresses appraiser tech matters

Valuation Review

Elizabeth Green, who co-chairs the MISMO Property and Valuation Services community of practice and serves as head of digital solutions for Candescent Capital Ventures, shared her technology thoughts with Valuation Review. Green gave us some insights on topics from desktop appraisals to the ANSI measuring standards. Read on for the full conversation.

article thumbnail

8 More Commonly Asked Questions and Answers to DSCR Loans

BiggerPockets

These loans are the real deal, and we're here to continue answering your questions. Here are eight more answers to your burning questions.

Finance 79
article thumbnail

Lamacchia Realty Sponsors First Ever Punch Out at Polar Park!

Lamacchia Realty

Join Lamacchia Realty at Polar Park for the first ever Punch-Out Pro-Am boxing event! The Punch-Out at Polar Park will be the first boxing event held at Polar Park in Worcester, Massachusetts on Friday August 4 th , 2023. Lamacchia Realty is the proud Real Estate Sponsor of the Event, held in Worcester, a city where the brokerage is well known as the #1 Real Estate office in Worcester County , and also as the Official Real Estate Sponsor of with WooSox, the Worcester Railers, and the Worcester

Realty 63
article thumbnail

Gas cooking

San Jose Real Estate

Gas cooking is highly in demand, sought after for the quick response time and precision with heating and cooling. The vast majority of our clients have a strong preference for gas cooking over either induction or regular electric cooking.

Clients 51
article thumbnail

How I Went from 200+ Tenant Phone Calls to 1 Per Year Using This “System”

BiggerPockets

You’ve built a sizable rental property portfolio; now, it’s time to relax.

Tenants 73
article thumbnail

Transformational Tech meets mortgage industry

Mortgagebroker News

Mortgage professionals are embracing technology, but not all at the same time.

article thumbnail

RV Parks and Campgrounds: Are They Worth the Investment?

Willowbrook Valuation

JP Morgan’s midyear commercial real estate outlook for 2023 reflects uncertainty since the future of office space has come into question. While office space is a big factor for many investors, it doesn’t make up all commercial real estate, and the industry is showing itself to be resilient, overall. The current market is a good […] The post RV Parks and Campgrounds: Are They Worth the Investment?

article thumbnail

VA's Tidewater Process- Riding the Waves to Appraisal Fairness

Town & Country Residential Appraisals

When it comes to appraising homes for buyers using VA-backed financing, the Tidewater process plays a crucial role in determining fair market value. This procedure, implemented by the Department of Veterans Affairs (VA), aims to protect the interests of veterans. What is the Tidewater process and what is its significance in VA-backed home appraisals?

article thumbnail

Ace Your Airbnb Pricing Strategy With Mashvisor’s New Tool

Mashvisor

Acing your Airbnb pricing strategy is a must for the success of your short term rental business, and we’ll show you how Mashvisor can help.

Tools 36
article thumbnail

Pipedrive Review

Mortgagebroker News

What is Pipedrive? What are its key features? In this article, we will answer these questions and more.

36
article thumbnail

Bank Failures Having Some Effect on Builders

Eyes on Housing

The failure of several banks in 2023 and the ensuing stress in U.S. financial markets has had an effect that some builders and developers are beginning to notice, according to two recent NAHB surveys. In one of the surveys, roughly three-in-five builders and developers reported that loans for land acquisition, land development and speculative single-family construction have become more difficult.