Housing Wire

SEPTEMBER 8, 2022

Are we really doing those types of loans and promoting homeownership again without understanding the risks? For sure, this Bank of America loan doesn’t have the exotic loan debt structures that caused so much pain during the housing crash years, but it’s good to understand what could happen. This is what we do in America.

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Inventory Law Housing Market Design 543

Housing Wire

APRIL 1, 2024

“What if homeowners could tap into home equity without taking on debt?” Through a home equity investment, homeowners can receive cash upfront in exchange for a share of the home’s future value. Hometap is among a handful of companies — including Unison , Unlock , Point and Aspire — that offer home equity investments.

Finance 383

Finance Investing Real Estate Agent Real Estate 383

Housing Wire

DECEMBER 26, 2023

“Obviously, this cycle was fast and furious – for lack of a better term – in terms of how quickly rates went up, and volumes basically got cut into a third of what they were two-plus years ago. . It really sent shockwaves through the industry.” Mortgage rates will moderate down to about 6% to 6.25%.”

Mortgage 496

Mortgage Inventory Marketing Finance 496

Housing Wire

JANUARY 31, 2024

We are dealing with professionals who absolutely do this for a living.” The company has yet to disclose exactly how many customers were impacted by the breach, but it has announced that data was stolen. “I But then you started seeing people trying to steal data. million customers was stolen.

Mortgage 395

Mortgage Insurance Tools Business 395

Housing Wire

APRIL 27, 2023

Being able to close on a home at any time on any day of the year has long been a pipe dream, but the Federal Reserve ’s new FedNow instant payment system looks to be making that dream a reality. However, before one gets too excited, the title insurance industry is asking if it really is worth sacrificing security for speed.

Insurance 410

Insurance Tools Marketing 410

Housing Wire

JANUARY 8, 2021

Are you considering purchasing a home for the first time? Then you’re probably already saving money for your down payment. But what about all the other costs needed to complete the transaction? Understanding what expenses are required at closing to buy a house will help you budget and save more effectively.

Property Taxes 525

Property Taxes Insurance Real Estate Mortgage 525

Housing Wire

DECEMBER 7, 2023

Editor in Chief Sarah Wheeler sat down with Tom Cronkright, co-founder and executive chairman of CertifID and CEO of Sun Title , to talk about battling the latest frauds and scams as bad actors leverage a new arsenal of tech tools to wreak havoc on buyers and sellers of real estate. SW: How are they using generative AI?

Real Estate 422

Real Estate Sellers Technology Real Estate Agent 422

Housing Wire

FEBRUARY 4, 2021

With inventory at record lows, demand surging and prices on the rise, buying — even just finding — a home in today’s market is quite the challenge. If buying a home is on your radar for 2021, there are still ways to do it. Are you hoping to buy a home in 2021’s hot housing market ? Need a real estate agent?

Housing Market 546

Housing Market Marketing Real Estate Agent Sellers 546

Housing Wire

JANUARY 26, 2024

Ketchmark told webinar viewers that when he and his wife went to buy their first home, they sat with their agent and looked at for-sale properties in a phonebook-style MLS listing book. That was an attempt to put a stranglehold on the data, and to do it for one reason and one reason only: to keep the money,” Ketchmark said.

Realtors 414

Realtors Law Agents Real Estate 414

Housing Wire

SEPTEMBER 5, 2023

I sat down with Tim Bowler, president of ICE Mortgage Technology, a business unit of ICE, to talk about the company’s mortgage automation strategy — and what keeps him up at night. What is top of mind for you moving forward? SW: How does ICE determine the right balance between automation and the human element?

Technology 345

Technology Mortgage Tools Insurance 345

Housing Wire

SEPTEMBER 14, 2023

Adrian Gastelum, a vice president and branch manager at Nova Home Loans, recently had a prospective borrower apply for a Federal Housing Administration (FHA) mortgage. It really comes down to interpretation of the guideline. The client had just started a new job, and that can be tricky. That changed on September 11.

Loan Officers 360

Loan Officers Mortgage Finance Clients 360

Housing Wire

MARCH 13, 2024

When you buy through our links, we may earn a commission. From the thrill of a sale to the pursuit of new leads, it keeps you on your toes. It’s really hard for independent business owners to get unbiased advice from themselves,” says Kyle Scott, President of SERHANT. “It’s Ventures. “So

Real Estate 423

Real Estate Real Estate Agent Agents Training 423

Realtor

OCTOBER 16, 2023

Getty Images While buying a home has always been a challenging milestone, today’s high interest rates have made this dream even harder to achieve. Over the past two years, interest rates on home loans have nearly doubled from the 3% range to around 7% today.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

DECEMBER 4, 2023

Housing Forward is leading the charge in the greater Dallas area against homelessness, a vexing problem that plagues many cities across the county, and in recent years the nonprofit has notched some significant victories in the effort. That has been accomplished through the Housing Forward-led R.E.A.L

Development 376

Development Property Management Government Training 376

Housing Wire

APRIL 8, 2021

When you’re trying to create a standout offer to buy a home, it’s important to consider the tools and tactics at a buyer’s disposal. According to industry experts, there is more to a home offer than just the price you are willing to pay. Second, it allows you to tailor your offer to each individual house you put an offer on.

Inspection 433

Inspection Sellers Buyers Tools 433

Housing Wire

OCTOBER 9, 2023

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 2] DID YOU KNOW? 2] DID YOU KNOW?

Real Estate Agent 377

Real Estate Agent Real Estate Agents Brokerage 377

Housing Wire

JUNE 2, 2023

“There were two companies out there that were doing stuff to hurt the broker community systematically,” the executive said. And 2024, 2025 and 2026, they’ll be the three best mortgage years in history because everybody that’s doing 6.5% and 7% right now is gonna eventually need to refinance.

Retail 355

Retail Inventory Mortgage Loan Officers 355

Housing Wire

SEPTEMBER 12, 2023

Hoff is referring to the need to retain borrowers in a competitive refi environment and to develop strategies to avoid early pay-off (EPO) penalties. Hoff is referring to the need to retain borrowers in a competitive refi environment and to develop strategies to avoid early pay-off (EPO) penalties. When will the market turn?

Loan Officers 393

Loan Officers Investors Mortgage Clients 393

Housing Wire

APRIL 26, 2022

Our system I think is good enough that it can do not just the loans that we originate, but [loans originated by] other people,” Jacob said. You’re probably one of the first person in the industry that I’m talking to about it,” he added. It’s an open platform.

Mortgage 438

Mortgage Technology Investing Investors 438

Housing Wire

JULY 14, 2022

As home prices continue to rise, one growing point of interest for many homeowners are reverse mortgages, with older Americans sitting on a record $10 trillion in home equity, according to data from the National Reverse Mortgage Lenders Association. What trends have you seen at FAR? Click here to nominate someone.

Mortgage 337

Mortgage Business Lending Marketing 337

Housing Wire

DECEMBER 6, 2022

To get into an agent’s circle, an LO has to see problems before they manifest they need to communicate whether the news is good, bad or ugly, agents said. range, versus closing on their mortgage now when their homes are finally finished being built and rates are around 7.0%,” said Summers, a Keller Williams agent in Provo, Utah.

Real Estate 359

Real Estate Real Estate Agent Clients Agents 359

Housing Wire

APRIL 12, 2023

In the case of the real estate company, a spoofed email that purported to be from a real estate agent at the company directed a closing attorney to wire $154,000 in home-purchase funds to a bank account controlled by the fraudsters. The illicit proceeds from the closing-fund thefts were then quickly moved from the U.S.

Real Estate 359

Real Estate Government Technology Real Estate Agent 359

Housing Wire

APRIL 8, 2021

” Bess described the bidding wars in Logan and central Utah as “insane,” with homes on the market for only 12 hours receiving anywhere from 20 to 40 offers – and all well above asking price. Logan is growing a lot and has a ton of room to build, so it’s really competitive.”

Housing Market 403

Housing Market Marketing Sellers Buyers 403

Appraisal Buzz

SEPTEMBER 26, 2022

The owners needed money they didn’t have. They were renting other people’s money (OPM), and the other people didn’t really own the money either. What is important is that everyone liked value, but everyone needed to have someone say the value is fair. How can this be? To receive this subscription directly, click here.

Market Value 321

Market Value Sellers Buyers Finance 321

Lamacchia Realty

MARCH 12, 2024

Due to rising rates and home prices that have continued to influence consumer spending, 2023 saw the lowest inventory in recorded history, and in 2024, sellers are still hesitant to enter the market. Those looking to buy a home this year need to do all they can to make the strongest offer when the right house becomes available.

Buyers 70

Buyers Inspection Sellers Real Estate 70

PennyMac

OCTOBER 11, 2023

When you purchased your first home, it likely checked off all the boxes. Whether you’re looking for larger bedrooms, expanded family space or more storage solutions, buying a bigger home — or even just moving to a different layout or location — might be a change you’re ready to make.

Transportation 68

Transportation Real Estate Investing Mortgage 68

Housing Wire

AUGUST 25, 2022

Our bias right now is towards more margins and less volume – that said, obviously, the volume opportunity on a macro basis is relatively limited,” Willie Newman, Home Point Capital CEO and president, told analysts during a second quarter conference call. “Our Homepoint is in a tough spot. Homepoint’s financial statements tell the story.

Mortgage 389

Mortgage Loan Officers Finance Investors 389

Raleigh Realty

FEBRUARY 19, 2022

What you Must Consider: If you're buying a home in Raleigh, NC there are things you must consider BEFORE you start searching for homes for sale in Raleigh. One thing that many folks don't want to do is put in the upfront work, studying, and preparation that goes into buying a house. Searching homes for sale?

HOA 148

HOA Real Estate Buyers Construction 148

Lamacchia Realty

MAY 9, 2023

HOW MUCH MONEY DO I NEED TO PURCHASE A HOME? One of the most common questions that we are asked is how much money a prospective home buyer needs to have on hand before buying a home. There are many options available depending on your needs.

Insurance 71

Insurance Inspection Buyers Realty 71

Appraisal Today

SEPTEMBER 22, 2023

I was surprised at how negative they were. To me, the big issue is who is doing the inspections. Only appraisers do the appraisals. What they were doing about inspectors had a wide range. An AMC can offer different levels to their clients, depending on how much reliability their lender customers want or need.

Appraisal 87

Appraisal Training Inspection Real Estate 87

Raleigh Realty

AUGUST 27, 2021

Here's everything you need to know about buying a home Whether you are a first-time home buyer or a seasoned veteran of the housing market, buying a house is no small undertaking. The first step you want to take when considering buying a home is figuring out exactly how much house you can afford.

Real Estate Agent 78

Real Estate Agent HOA Real Estate Agents 78

Lamacchia Realty

SEPTEMBER 20, 2023

EVERYTHING YOU NEED TO KNOW ABOUT CLOSING COST CREDITS Buyers , sellers , and sometimes even real estate agents get confused with how closing cost credits work. If the credit covers the entire closing cost amount then the buyer would only need to bring the down payment to closing.

Sellers 61

Sellers Buyers Property Taxes Inspection 61

Housing Wire

DECEMBER 28, 2023

This is a lot different than 2008 where you needed a credit score and a heartbeat to get a mortgage. Now, you need to be very qualified in order to get a mortgage,” he said. The year] 2020 and 2021 was all about how quickly a lender could execute. According to Black Knight data, 40% of all U.S.

Business 410

Business Mortgage Loan Officers Inventory 410

Lamacchia Realty

JANUARY 10, 2022

Inventory initially dropped in March 2020 as a result of sellers pausing on listing their homes and that number has stayed extremely low since. In this ultra-competitive market, buyers need to do all they can to make the strongest offer when the right house becomes available.

Sellers 72

Sellers Buyers Inspection Bracketing 72

Appraisal Today

DECEMBER 1, 2023

Pulling comps from the other side of the freeway By Ryan Lundquist Excerpts: It can be a REALLY bad idea to pull comps from the other side of the freeway, but not always. Large beach front home in Milton, Delaware for $2,588,170 4 bedrooms, 3.5+ Large beach front home in Milton, Delaware for $2,588,170 4 bedrooms, 3.5+

Appraisal 89

Appraisal Business Contracts Technology 89

Assurance Financial

APRIL 29, 2021

How to Build Equity in Your Home. When you own your home, you can feel a sense of stability and security. You have a roof over your head and a place to raise a family if you choose to do so. You also get full control over how you decorate the home and any changes you make to it.

Mortgage 74

Mortgage Insurance Home Value Loan Officers 74

Appraisal Today

APRIL 19, 2024

Importantly, Chance points out that claims of appraiser bias contradict what appraisers actually do. She explains how pioneering research in psychology revealed that all humans have cognitive biases, but professionals like appraisers are trained to minimize bias through rigorous methodology. It is human nature.

Appraisal 68

Appraisal Contracts Valuation Design 68