Housing Wire

MARCH 20, 2024

Reverse mortgage industry veteran Tane Cabe recently left his position at Fairway Independent Mortgage Corp.’s Cabe has similar feelings as his colleagues in different parts of the country, and he is generally optimistic about the state of the industry in early 2024. “I I think things have definitely picked up,” he said.

Development 420

Development Mortgage Tools Loan Officers 420

Housing Wire

MAY 1, 2024

In light of the jury verdict in the Sitzer/Burnett suit and the terms of the National Association of Realtor’s nationwide settlement agreement of the commission lawsuits , several prominent industry analysts believe Zillow will struggle with its financial performance. This is a positive evolutionary step for the industry,” Barton added.

Agents 393

Agents Real Estate Contracts Real Estate Agent 393

Housing Wire

FEBRUARY 23, 2024

Industry experts say that although there’s a correlation between unemployment and delinquency rates, some homeownership costs — including insurance — have increased significantly over the past two or three years, which has had a strong financial impact on homeowners. .

Insurance 445

Insurance Home Value Mortgage Marketing 445

Housing Wire

FEBRUARY 23, 2023

When people think about the title insurance industry , what comes to mind is often its core products – title insurance policies that protect property rights of homeowners and lenders. As an industry, our commitment to protection goes beyond title insurance policies. As an industry, we united against these unfair fee agreements.

Insurance 442

Insurance Real Estate Government Law 442

Housing Wire

MAY 7, 2024

So, what exactly does this mean for the industry? This coupled with the eye-opening reality that the technology , efficiency and service available with wholesale lenders is superior to what many have access to in retail has made the broker model more attractive to both new and seasoned loan officers.

Retail 432

Retail Marketing Loan Officers Government 432

Housing Wire

MARCH 18, 2024

Like Danzey, Edgerton has heard many concerns from agents across the industry, much of which has been centered around the timeline laid out in the settlement. Everyone in the industry has experience with negotiation and is pretty good at it, but there are new and different pathways opening up for negotiation.

Brokerage 413

Brokerage Real Estate Agents Sellers 413

Housing Wire

MARCH 15, 2024

While many in the real estate industry were surprised by the news Friday morning that the National Association of Realtors had agreed to a nationwide settlement of the commission lawsuits for $418 million, Marty Green, a principal at law firm Polunsky Beitel Green , was not one of them. Almost any time in history the U.S.

Agents 441

Agents Brokerage Advertising Real Estate 441

Housing Wire

APRIL 12, 2024

There is little evidence so far that AI can fundamentally transform our industry in the next 5-10 years — there are too many structural and regulatory impediments for that to be the case,” they wrote. “I And it can fundamentally change the origination and servicing processes.

Technology 387

Technology Tools Investing Mortgage 387

Housing Wire

MARCH 15, 2024

Consequently, mortgage industry executives believe buyers will pay agents out of pocket or ask sellers to pay their agent fees through concessions. Kevin Leibowitz, CEO of broker shop Grayton Mortgage, expects that “commissions will get squeezed,” and some buyers’ agents will exit the industry. LOs on average get about 1%.)

Buyers 498

Buyers Agents Mortgage Real Estate Agent 498

Housing Wire

APRIL 16, 2024

However, with many agents feeling uncertain about their futures, a potential mass exodus from the industry may be looming. Agents exhibit a tendency to weather the storm for some time or await the expiration of dues obligations before making industry exits.

Real Estate Agent 441

Real Estate Agent Real Estate Agents Brokerage 441

Housing Wire

MARCH 8, 2024

Despite the protests of the title insurance industry, Fitch Ratings does not believe the lender title insurance waiver pilot program for certain refinance transactions announced by the Federal Housing Finance Agency (FHFA) on Thursday will have an impact on title insurer ratings. Soham Bhonsle, an analyst at BTIG, shares a similar outlook.

Insurance 405

Insurance Finance Government Mortgage 405

Housing Wire

FEBRUARY 26, 2024

I am honored to be considered for this role. (…) I look forward to guiding my team as we set the pace to transform the residential real estate industry,” Greene said in a statement. Greene will report to Devi Mateti, president of the enterprise digital solutions team. “I

Real Estate 397

Real Estate Business Real Estate Agent Clients 397

Housing Wire

APRIL 15, 2024

Last week’s above-consensus inflation figures brought the mortgage market back to a sour reality: The average 30-year fixed mortgage rate, an index closely watched by industry experts, may be close to or even above the 7% level for longer than previously expected. Hagen believes that rates below 6.25% would be supportive of the market.

Mortgage 448

Mortgage Retail Buyers Investors 448

Housing Wire

SEPTEMBER 26, 2023

Plunk , an AI-powered home analytics platform, has partnered with two real estate industry marketing companies, Union Street Media and Realforce , to scale its real-time data and analytics across multiple digital channels. Plunk’s platform offers real-time insights into home valuation , risk assessment, and remodeling possibilities.

Real Estate 419

Real Estate Marketing Valuation Technology 419

Housing Wire

OCTOBER 5, 2023

We’re absolutely thrilled to welcome an industry veteran back into the Compass fold. . “We’re seeing a lot of real estate professionals return to Compass after a short stint away,” Kevin Patsel, Compass’ regional vice president for Northern California, said in a statement.

Brokerage 411

Brokerage Real Estate Agents Clients 411

Housing Wire

SEPTEMBER 12, 2023

MBA cannot control macroeconomic forces, but what we can do is make sure the actions of policymakers help our industry instead of hindering it at a crucial time,” Broeksmit said at the organization’s Compliance and Risk Management Conference this week in Washington, D.C.

Valuation 401

Valuation Finance Appraisal Inventory 401

Housing Wire

FEBRUARY 24, 2023

It is crunch time in the housing industry. Whether you’ve been affected by industry layoffs or you’re future-proofing your career, applying for new positions and interviewing can be daunting. This is especially true for former housing industry professionals who were in the game for many years before finding themselves on the job hunt.

Loan Officers 377

Loan Officers Real Estate Agent Real Estate Agents 377

Real Estate News

APRIL 26, 2024

A T3 Leadership Summit panel discussed the agent value prop, consumer interest in new compensation models, and how the industry can be more proactive.

Agents 224

Agents 224

Housing Wire

JANUARY 20, 2023

An industry downturn is when leaders find out the real capabilities of the companies they have built. In the title industry , like the rest of the home finance industry, the real dangers are high operating costs that come from inefficiency. No platform was completely successful in achieving this goal.

Technology 394

Technology Tools Investing Contracts 394

Housing Wire

APRIL 17, 2023

Some say that the nearly 150-year-old title industry has a difficult time adapting and evolving. However, the title industry has proven these critics wrong over the past decade, and importantly, it has done so without leaving homeowners vulnerable to unnecessary risks. Innovation should be encouraged across the real estate industry.

Insurance 414

Insurance Technology Real Estate Finance 414

Housing Wire

NOVEMBER 6, 2023

Patricia “Patti” Cook , who broke the glass ceiling in the mortgage industry during a successful 45-year career , died on Friday at her home in New York. She was 70 years old. Cook retired as CEO of Finance of America in June 2022 to focus on her health.

Mortgage 411

Mortgage Finance Investing Business 411

Housing Wire

MARCH 25, 2021

The private mortgage insurance industry also supported $600 billion in mortgage originations. The mortgage insurance industry also updated its guides and processes to align with the Federal Housing Finance Agency (FHFA) and the GSEs’ policies to implement nationwide forbearance programs. The result was approximately $1.3

Insurance 544

Insurance Mortgage Finance Buyers 544

Housing Wire

NOVEMBER 13, 2023

Ron Frasier, a title industry veteran and CEO of title startup Atlas Title , has been watching the commission lawsuit saga closely. “If Industry professionals are also anticipating changes in the types of joint ventures and affiliated business agreements (ABAs) populating the title space.

Insurance 411

Insurance Real Estate Agents Real Estate Agent 411

Housing Wire

FEBRUARY 22, 2024

When the Department of Justice (DOJ) revealed last week the changes it would like to see in how real estate agents and brokers are compensated through its statement of interest filed in the MLS Property Information Network commission lawsuit , few in the real estate industry were surprised by the agency’s desire to decouple commissions.

Sellers 414

Sellers Buyers Real Estate Agents 414

Real Estate News

JANUARY 24, 2024

The best way to protect consumers and raise the bar for the entire industry? Require buyer agency agreements across the board.

Buyers 303

Buyers 303

Housing Wire

FEBRUARY 22, 2024

Recent cyberattacks at mortgage companies have put the industry in alert mode, executives at top lenders, servicers, tech vendors and investors told HousingWire. Mr. Cooper Group , loanDepot , First American and Fidelity National Financial Inc.

Mortgage 429

Mortgage Supply Chain Investors Technology 429

Housing Wire

AUGUST 9, 2022

Not many would count the title industry among the economy’s technology leaders. More than a few observers have referred to us as a mom-and-pop industry because it’s comprised of a significant number of small agencies. In fact, many title agents will proudly tell you that ours is a “traditional” industry. A tipping point?

Technology 488

Technology Business Agents Clients 488

Housing Wire

OCTOBER 12, 2023

As existing-home sales continue to slide and mortgage rates rise ever higher, all but eliminating any hope for refinance transactions, the title insurance industry is doubling down on technology. At the forefront, is artificial intelligence , or AI.

Tools 386

Tools Technology Real Estate Agent Legal 386

Appraisal Buzz

JUNE 1, 2022

We sat down with Rob and Joan Trice, Founder of Allterra Group, LLC, to discuss secondary markets and the mortgage industry. The post The Mortgage Industry and Secondary Markets appeared first on Appraisal Buzz. Today’s Buzzcast interview is with Rob Chrisman, owner of The Chrisman Report. What is The Chrisman Report?

Marketing 362

Marketing Mortgage Appraisal 362

Housing Wire

MARCH 21, 2024

Mike Fratantoni , the chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association (MBA), addressed three major challenges in the housing market during testimony before the U.S. House of Representatives ‘ Financial Services Subcommittee on Housing and Insurance.

Insurance 359

Insurance Inventory Mortgage Lending 359

Housing Wire

NOVEMBER 27, 2023

Mortgage rates have pulled back in recent weeks giving consumers and loan originators some breathing room, but headwinds in the industry are far from over. The industry would need to see a more persistent mortgage rate decline to near 6% for a more meaningful pickup in prepayment speeds, the note said.

Mortgage 402

Mortgage Investing Government Real Estate 402

Housing Wire

SEPTEMBER 6, 2023

Despite the economic headwinds, the title industry remains strong, according to Fitch Ratings’ title industry September 2023 Peer Review. Fidelity recorded the largest market share at 29%, followed by First American at 26%, Old Republic at 16% and Stewart at 11%.

Inventory 372

Inventory Marketing Mortgage Insurance 372

Housing Wire

JUNE 30, 2022

As mortgage rates rise and home price appreciation continues , employees in the housing industry are hard at work preparing for shifting market conditions. title insurance industry’s risk-adjusted industry capital declined, however, overall it remained supportive of ratings at the close of 2021.

Marketing 365

Marketing Insurance Business Clients 365

Housing Wire

MARCH 20, 2024

Reserved outlook In contrast to the upbeat mood that mortgage professionals showed back in December when the Fed first signaled interest rate cuts for 2024, the industry doesn’t expect a meaningful impact on production volume despite the three rate cuts expected for this year.

Mortgage 428

Mortgage Government Lending Investors 428

Appraisal Buzz

SEPTEMBER 8, 2021

In today’s Buzzcast, we dive into mortgage fraud within the industry. How can fraud continue to happen within the industry? What can be done in the industry to stop this? These questions and much more will be answered between Bridget and Joan as they have their discussion on fraud within the industry.

Appraisal 369

Appraisal Mortgage Marketing Housing Market 369

Housing Wire

JANUARY 18, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Jim Butler, chief technology officer at Stavvy , to talk about moving real estate from paper to a digital transaction, how the company is using AI, and the vibe you get working with industry experts. JB: What we’re doing today with AI is more horizonal than industry specific.

Technology 303

Technology Real Estate Architecture Investing 303

Housing Wire

NOVEMBER 30, 2022

Each year, the TECH100 awards recognize the 200 most influential tech companies in mortgage and real estate that are working to improve the housing industry through tech innovation. The promises of technology have largely been lost in the mortgage industry and little has been done to reduce costs for homebuyers.”.

Real Estate 362

Real Estate Insurance Technology Lending 362