Housing Wire

JANUARY 27, 2023

The rapidly cooling housing market in 2022 was not kind to Big Four title insurer Old Republic. Hampered by the volatile interest rate environment and dramatic drop off in refinance transactions, the firm’s title insurance sector saw its pretax operating income drop 67.2% million, down from $627.0 million in Q2 2021.

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Insurance Housing Market Tools Investors 328

Housing Wire

JANUARY 17, 2024

But unlike financing with a traditional mortgage, monthly principal and interest payments are not required on the loan, so long as the homeowner keeps up to date with real estate taxes, homeowners’ insurance and property maintenance. The HECM for Purchase is not a refinancing tool; it is not akin to a Home Equity Line of Credit ( HELOC ).

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Finance Real Estate Agent Real Estate Insurance 418

Housing Wire

MARCH 19, 2024

Lenders can also license Polly’s raw data for use in tandem with existing in-house tools.

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Technology Contracts Insurance Government 336

Housing Wire

AUGUST 31, 2023

During his tenure, Wiener first served as a product manager for agent tools. He then went on to run the partner program, analytics, marketing and a variety of new businesses. Kelman closed his memo by expressing his optimism for the year to come while acknowledging Redfin’s steady recovery from the housing downturn.

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Real Estate Brokerage Insurance Tools 361

Housing Wire

JANUARY 12, 2022

First American Financial Corporation , the second largest of the “Big Four” title insurers, announced plans to acquire Mother Lode Holding Company and its subsidiaries on Wednesday. Learn about the tools lenders should leverage to streamline home equity title and closing. A look at the role instant title plays in the borrower journey.

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Insurance Housing Market Tools Real Estate 273

Housing Wire

MAY 18, 2022

HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market. CM : Firstly, reverse mortgages, whether government-insured or proprietary, are non-recourse loans.

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Mortgage Clients Insurance Tools 391

Housing Wire

FEBRUARY 22, 2023

More than two years after mortgage industry trade groups began openly calling on the Federal Housing Administration ( FHA ) to cut annual premiums on mortgages the agency insures, the Biden administration and the FHA have done just that. We used scenarios where the economy or the housing market faced extreme pressures.

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Insurance Mortgage Government Housing Market 360

Housing Wire

MAY 24, 2021

Instead of questioning email directions from their agent, title insurer or lender, the consumer hits ‘reply.’. A digital thief hijacked the transaction, redirected the money, and disappears, leaving the shocked consumers, real estate agent, title insurer, lender and others to pick up the pieces.

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Real Estate Agent Real Estate Insurance Agents 403

Housing Wire

NOVEMBER 15, 2021

The Department of Housing and Urban Development is taking a cautionary approach to changes to mortgage insurance premiums after a banner year for its Mutual Mortgage Insurance (MMI) fund. The capital ratio of the Federal Housing Administration ’s MMI fund reached 8.03% at the end of September, an increase of 1.93

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Mortgage Insurance Renovations Tools 381

Housing Wire

SEPTEMBER 5, 2023

What we’re trying to do at ICE is break down the various transactions where a borrower and a lender might interface and figure out how we can deliver a set of technology tools and solutions so that the borrower can get their loan — for purchase or refinance — as fast as possible with the least amount of cost.

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Technology Mortgage Tools Insurance 332

Housing Wire

OCTOBER 24, 2022

The government mortgage insurer will shorten the seasoning requirement from six months to three months and allow issuers the option to pool re-performing loans into TBA-eligible Ginnie Mae II Multi-Issuer Pools. Creating a path to success in today’s purchase market. Presented by: Calyx.

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Housing Market Insurance Government Tools 346

Housing Wire

MARCH 1, 2023

And yes, this certainly has had an impact on insurance companies from coast to coast, as we’ve seen insurers retreat en masse from states such as California , Florida , and Texas , which have all seen record losses in recent years from wildfires, earthquakes, hurricanes, severe winter storms, sinkholes, and more.

Insurance 337

Insurance Supply Chain Design Government 337

Housing Wire

SEPTEMBER 22, 2022

A Spanish website and mortgage applications tool to help Hispanics overcome language barriers went live this week by CrossCountry Mortgage. The new program and tool launches come as potential Hispanic home buyers face a tight housing market with historic low level of supply for affordable homes.

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Marketing Tools Loan Officers Finance 338

Housing Wire

JUNE 6, 2022

In a letter to the FHA , Sharon Whitaker, vice president of the ABA, said the 40-year loan modification will help borrowers retain their homes after default and help mitigate losses to FHA’s Mutual Mortgage Insurance Fund. Lunch & Learn: Should there be a 40 year mortgage? Presented by: Stavvy.

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Insurance Mortgage Realtors Housing Market 413

Housing Wire

FEBRUARY 20, 2024

A housing market marked by relatively high interest rates and tight inventory — and punctuated by the practice of home inspection waivers to sweeten offers — are taking a bite out of business for home inspectors, who play a key role in the sales process by ensuring that buyers are not being sold a lemon of a house. Binney said.

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Inspection Real Estate Agent Real Estate Insurance 383

Housing Wire

MARCH 13, 2023

The rollercoaster ride the housing market has been on for the last three years has ended. Instead of twists and turns, we believe the market will surprise us this year… simply by being boring. In a boring market, it’s more important than ever to stand out from the crowd. We want to show you how to do just that.

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Insurance Clients Business Marketing 302

Inman

OCTOBER 4, 2023

Economists, homeowners and agents broke down the alarming but true cost of buying property in 2023, telling Intel that rising rates and home prices are only the start for wallet-stretched buyers.

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Housing Market Buyers Agents Marketing 157

Housing Wire

JULY 23, 2021

“In order to ensure a stable and equitable recovery from the disruptions of the COVID-19 pandemic and prepare for homeowners to exit mortgage forbearance, the Biden-Harris Administration is taking action to keep Americans in their homes and support a return to a more stable housing market,” the White House said.

Mortgage 433

Mortgage Insurance Tools Development 433

Housing Wire

DECEMBER 13, 2021

Learn about the tools lenders should leverage to streamline home equity title and closing. of the title insurance market share during the third quarter of 2021, according to the latest statistics from the American Land Title Association. Today, borrowers expect to close fast. Presented by: ServiceLink. “As

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Investors Investing Insurance Real Estate 365

Housing Wire

NOVEMBER 18, 2022

A combination of elevated mortgage rates, sluggish home sales and inflation continue to plague the housing market workforce, with numerous mortgage lenders and real estate startups shedding employees. Modernizing origination to stay competitive in today’s housing market. Presented by: ServiceLink.

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Loan Officers Modernization Finance Housing Market 388

Housing Wire

SEPTEMBER 6, 2023

The ICE — Black Knight merger creates the first end-to-end digital infrastructure that will reorder incentives and change how housing markets operate. These essential tools require a collective commitment.

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Supply Chain Real Estate Technology Mortgage 361

Housing Wire

OCTOBER 29, 2021

The learning from that era: when you are committed to doing business the right way, doing right by the consumer, and following a strong ethical compass, you will survive through the market cycle and succeed in this business. Our company has been through six major market cycles now, and that remains true to this day.

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Loan Officers Insurance Business Finance 284

Housing Wire

JULY 30, 2021

Most of the nation’s 44 million rental households are owned by private companies with sometimes complex financing from commercial banks and insurance companies. Thus the federal government is limited in the tools it has to control the nation’s rental market, compared with the single-family housing market.

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Real Estate Finance Legal Insurance 457

Housing Wire

OCTOBER 15, 2020

Along with the rest of the economy, the housing market has been dealing with the fallout of a global pandemic, leading to an uncertain “new norm.” ” In a HousingWire panel on Tuesday, Rohit Gupta, CEO and president of Genworth Mortgage Insurance , and Tom Wind, executive vice president of consumer lending at U.S.

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Mortgage Government Lending Insurance 386

Housing Wire

JUNE 19, 2023

The newest prop tech applications to moat the client relationship are home management tools. According to the latest data from Altos Research , the real estate market is experiencing unusual patterns in pricing, inventory and demand. While many real estate businesses already offer ancillary services (e.g.

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Real Estate Business Clients Client Relationships 271

Housing Wire

OCTOBER 16, 2023

However, this rise in first-time buyers helps explain what’s driving demand and keeping upward pressure on prices in a market with mortgage rates currently surpassing 7%. One of the primary reasons for this surge is the strong presence of millennials in the housing market, particularly those at the peak, around ages 33 and 34.

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Agents Buyers Sellers Inventory 383

Housing Wire

JUNE 30, 2021

This isn’t an easy task, considering brokers have to adjust while also managing a high volume of clients due to the booming housing market. For example, PennyMac’s broker portal, POWER, has an easy-to-use pricing scenario tool backed by their sophisticated proprietary pricing engine.

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Business Retail Tools Insurance 217

Housing Wire

MAY 17, 2022

“I am confident that she will bring a depth of expertise and perspective to FHA at a critical time for our country’s housing market.”. Housing industry stakeholders have a lengthy list of changes they hope Gordon will implement. Toomey, in a statement published in May 2022, also criticized Gordon’s career in housing.

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Insurance Development Housing Market Mortgage 311

Housing Wire

FEBRUARY 1, 2023

High interest rates, coupled with a still-low supply of housing, have created price hurtles that are keeping many first-time homebuyers and lower-income borrowers locked out of the housing market.

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Marketing Government Mortgage Sellers 404

Cleveland Appraisal Blog

APRIL 15, 2021

Although certain things, such as crowded open houses, will be off-limits for the time being, it’s still entirely possible to buy a new home. Check out these resources from Cleveland Appraisal Blog regarding virtual tools for all of your real estate needs! I hope that you find this article to be helpful in your hunt for a house!

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Appraisal Real Estate Real Estate Agent Tools 195

Housing Wire

AUGUST 18, 2023

The slower housing market and uncertain economic conditions took their toll on the number of real estate brokerages and firms that were named to Inc. From showing homes to inspectors to attorneys to insurance services to moving services we bring all of these assets to bear on every transaction.” The Cory Home Team (No.

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Brokerage Real Estate Realty Real Estate Agent 365

Housing Wire

FEBRUARY 27, 2024

The practice of redlining , initiated in the 1930s, where banks and insurers refused services to entire neighborhoods based on racial composition, further entrenched these disparities. After World War II, the GI Bill provided veterans benefits, including home loans. While they often agree in principle, they usually disagree on the details.

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Real Estate Investors Business Lending 391

Housing Wire

APRIL 8, 2024

Department of Housing and Urban Development and more recently as director of housing community development and insurance policy for the House Financial Services Committee. The legislation would provide several tools to help stem the loss of Section 515 affordable-housing in rural America.

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Tenants Finance Construction Government 467

Genworth MI Blog

AUGUST 31, 2022

The housing market has seen many changes over the past couple of years, some as a result of the COVID-19 pandemic and some from the rapid changes in the economy. With an increasingly competitive market for buyers, many homebuyers have taken new steps to secure a successful offer.

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Inspection Appraisal Marketing Appraisal Process 78

Cleveland Appraisal Blog

NOVEMBER 3, 2022

Most appraisers are experiencing a significant slowdown in mortgage lending work due to rapidly increasing mortgage rates which are slowing down the housing market. People may want to hire someone to take photos of personal property items that they would like to document that they possess for insurance purposes.

Business 393

Business Appraisal Real Estate Agent Clients 393

Real Quantum

FEBRUARY 24, 2021

For instance, Illinois has the tenth highest insured unemployment rate in the country at 7.6%. This is the percentage of people currently receiving unemployment insurance. Finally, invest in tools that can make business operations more efficient. The Real Estate Industry and Appraisal Services. Invest in the right technology.

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Business Appraisal Legal Real Estate 38

Assurance Financial

JUNE 15, 2023

Fannie Mae and Freddie Mac are two government-sponsored entities (GSEs) that play a significant role in the United States housing market by providing liquidity to the mortgage market. Fannie Mae is regulated by the Federal Housing Finance Agency (FHFA) and is one of two GSEs, the other being Freddie Mac. housing market.

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Government Housing Market Mortgage Investors 36