Housing Wire

SEPTEMBER 29, 2023

And because mortgage rates have been above 7% for about two months consecutively, the cost of financing is extreme. The average principal and interest payment among borrowers purchasing a home using a 30-year fixed-rate loan hit its highest point ever in July at $2,306 , according to Black Knight ’s mortgage monitor report.

Sellers 508

Sellers Buyers Inventory Real Estate Agent 508

Housing Wire

MARCH 15, 2021

The title insurance and settlement services provider was originally bought b y Solutionstar Holdings , an indirect wholly-owned subsidiary of Nationstar Mortgage Holdings (Mr. But Mayopoulos stands by his statement that virtually “every aspect of mortgage lending can be improved through digitization.”

Insurance 397

Insurance Lending Real Estate Agent Valuation 397

Housing Wire

NOVEMBER 2, 2022

The housing industry, from servicers to real estate agents and more, will feel the impacts of this year’s hurricane season far beyond 2022. In the midst of this, a potential lapse in the National Flood Insurance is top of mind for many. . Resilience really is the objective,” he said. “We

Real Estate Agent 397

Real Estate Agent Insurance Mortgage Real Estate 397

Housing Wire

FEBRUARY 24, 2021

Consumers today expect access to instant information and don’t want to spend lots of time making calls to coordinate showings or filling out paperwork to get a mortgage. Technology has given consumers the power of choice and expedited the entire real estate purchasing process.

Real Estate Agent 369

Real Estate Agent Real Estate Agents Loan Officers 369

Housing Wire

MARCH 18, 2022

When Curtis Mangus of Premier Mortgage Resources in Meridian, Idaho looked into pivoting into reverse after serving decades in the traditional mortgage business, he asked his managing partner at the lender about its reverse mortgage department. You are the reverse mortgage department,” he said. The partner smiled. “

Real Estate 520

Real Estate Real Estate Agent Mortgage Agents 520

Housing Wire

JULY 28, 2023

Through partnerships with Bubble Insurance Solutions and New American Funding , real estate agents at The Agency will have access to mortgage lending services and insurance services for their clients. billion in mortgage loans in the first half of the year. In 2023, The Agency ranked as the No.

Insurance 370

Insurance Brokerage Clients Real Estate Agent 370

Housing Wire

OCTOBER 27, 2023

One of the most important roles we play at ALTA is strongly encouraging buyers to shop around for their title insurance company. The Real Estate Settlement Procedures Act (RESPA) ensures that homebuyers always have the legal right to consider alternative title insurance providers and can never be forced into using a particular provider.

Insurance 500

Insurance Real Estate Buyers Real Estate Agent 500

Housing Wire

DECEMBER 5, 2022

As the mortgage rate environment became increasingly volatile in August and early September, one in three title insurers reported order volume that was below or far below average. Other top challenges included “educating real estate agents and consumers” (26%) and “generating new business” (24%).

Insurance 384

Insurance Bracketing HOA Law 384

Housing Wire

AUGUST 14, 2023

Though its overall mortgage strategy has apparently not changed, Rocket Mortgage is undoubtedly ramping up its initiative to hire local loan officers to win purchase business. Kostegian added that about 5,000 approved insurance agents can also originate a mortgage with Rocket, Lazerson wrote.

Loan Officers 370

Loan Officers Mortgage Real Estate Agent Real Estate 370

Housing Wire

NOVEMBER 16, 2020

When you get a mortgage, there are several options you can choose from, including FHA, VA, USDA, and conventional mortgages. But choosing the right mortgage product can be difficult — especially if you’ve never bought a home before. Are you confused about your mortgage options? Here are your choices: FHA mortgages.

Mortgage 485

Mortgage Insurance Real Estate Agent Real Estate 485

Housing Wire

JANUARY 17, 2024

They own the home with their name on the title, as with any mortgage, traditional or reverse. They own the home with their name on the title, as with any mortgage, traditional or reverse. But the fact is, most people simply don’t know that a new home can be purchased with a reverse mortgage.

Finance 458

Finance Real Estate Agent Real Estate Insurance 458

Housing Wire

APRIL 1, 2024

“And with rising home prices and the growing burden of traditional mortgage debt, homeowners are looking to tap into their home equity without taking on additional debt.” The home equity investment is a new concept for many homeowners and is still small compared to the size of the traditional mortgage market.

Finance 441

Finance Investing Real Estate Agent Real Estate 441

Housing Wire

FEBRUARY 6, 2024

The three main categories of fraud impacting victims were seller impersonation fraud , fraudsters impersonating the title agency and tricking buyers to wire their down payment to a fraudulent account, and fraudsters impersonating lenders and sending title companies fraudulent mortgage payoff instructions.

Real Estate Agent 432

Real Estate Agent Real Estate Sellers Buyers 432

Housing Wire

OCTOBER 28, 2021

The firm announced Wednesday that it has acquired Denver-based digital mortgage automation and point-of-sales software company Floify. It also previously acquired insurance broker Elite Insurance Group , logistics and moving services firm Kandela and personal services company HireAHelpe r. The acquisition cost Porch about $76.5

Mortgage 397

Mortgage Logistics Insurance Real Estate Agent 397

Housing Wire

APRIL 26, 2023

With few homeowners willing to give up their low mortgage rates, Mike Roberts has shifted his focus to targeting first-time homebuyers. A first-time homebuyer requires a tremendous amount of nurturing,” said Roberts, the president and founder of City Creek Mortgage. “A Niche loans consist of about 5% of Parkinson’s business. “It’s

Loan Officers 397

Loan Officers Mortgage Inventory Clients 397

Housing Wire

MAY 25, 2023

Older Americans are sitting on more than $12 trillion in home equity, according to the National Reverse Mortgage Lenders Association (NRMLA)/ Riskspan Reverse Mortgage Market Index. Today’s market includes mortgage rates of above 6%, low inventory and elevated home prices, all contributing to affordability problems. last year.

Loan Officers 397

Loan Officers Real Estate Agent Real Estate Finance 397

Housing Wire

DECEMBER 21, 2023

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. VA mortgage loans generally provide veterans and active-duty service members with more favorable terms than other loans on the market.

Mortgage 441

Mortgage Renovations Appraisal Process Finance 441

Housing Wire

AUGUST 25, 2022

Title insurance underwriter First American has launched a new digital platform for title agents, according to an announcement on Thursday. The firm’s net income also had a significant decrease falling to $109 million from $302 million a year ago, as title order volumes decreased due to rising mortgage rates.

Agents 410

Agents Real Estate Agent Real Estate Sellers 410

Housing Wire

JUNE 28, 2023

United Wholesale Mortgage (UWM) announced this week that it has added four bank statement loan offerings for self-employed borrowers. No mortgage insurance is required. As mortgage rates remain elevated, lenders have been working to reach borrowers outside of Fannie Mae and Freddie Mac ‘s credit boxes.

Real Estate Agent 370

Real Estate Agent Insurance Lending Real Estate 370

Housing Wire

NOVEMBER 13, 2023

In recent years, the value proposition of title insurance has come under attack following Fannie Mae’s announcement that it would accept attorney opinion letters in lieu of title insurance, as well as Fannie Mae and Freddie Mac’s title waiver programs , which were eventually scrapped. “If

Insurance 421

Insurance Real Estate Agents Real Estate Agent 421

Housing Wire

FEBRUARY 20, 2024

In today’s rapidly changing technology landscape, businesses in the title insurance , mortgage and real estate industries must prioritize cybersecurity response planning and business continuity. It’s like having a spare key to your office when you accidentally lock yourself out.

Real Estate 408

Real Estate Mortgage Business Development 408

Housing Wire

NOVEMBER 8, 2023

Here’s a financial checklist that real estate agents and mortgage professionals should complete before the end of the year for more success and financial security in 2024. Insurance: Premiums for various coverages like errors and omissions, commercial auto and a business owner’s policy.

Advertising 450

Advertising Insurance Real Estate Agent Business 450

Housing Wire

OCTOBER 19, 2023

The Real Brokerage has appointed Christian Wallace as chief of integrated home services, the company announced on Thursday. Prior to joining the brokerage , Wallace worked at some of the leading companies in the industry, such as Rocket Homes , Better.com , Opendoor and Farmers Insurance. At Rocket Homes where Wallace worked from Feb.

Real Estate Agent 410

Real Estate Agent Brokerage Real Estate Agents 410

Housing Wire

JULY 26, 2021

The roots of racial disparities in housing and mortgage markets run deep. Historic government institutionalized discrimination includes actions like “redlining,” where the Federal Housing Administration would refuse to insure mortgages in and around Black neighborhoods. Justice Department charges of fair-lending violations.

Mortgage 504

Mortgage Lending Real Estate Agent Government 504

Housing Wire

MARCH 19, 2021

Analysis of millions of pieces of disparate data informs nearly every decision made involving residential real estate. For real estate investors, homebuyers, appraisers, insurance companies, mortgage lenders and other financial institutions, a deep understanding of the risks associated with a property and a community is essential.

Real Estate Agent 545

Real Estate Agent Real Estate Insurance Investors 545

Realtor

OCTOBER 16, 2023

“It’s very important for first-timers to do research and understand all their options before they start looking for a home,” says Cara Ameer , a real estate agent with Coldwell Banker who is licensed in California and Florida. Here are some common blunders homebuyers make when attempting to secure a mortgage.

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

APRIL 22, 2024

As an introverted real estate agent and coach, I know firsthand how challenging networking can be. I started Move Over Extroverts to teach other agents how to face their fears and clear this common hurdle. Buddy up with a mortgage lender, insurance rep, or real estate attorney and work the room together.

Real Estate 421

Real Estate Real Estate Agent Agents Training 421

Housing Wire

JULY 17, 2023

How fraud works Scammers search public records to identify real estate that is free of a mortgage or other liens. Scammers pose as property owners and contact a real estate agent to list the property for sale. These often include vacant lots or rental properties.

Sellers 370

Sellers Real Estate Agent Real Estate Insurance 370

Housing Wire

JANUARY 5, 2024

Lower interest rates make mortgages more accessible, paving the way for more buyers into the market and potentially resulting in increased demand and higher prices. Rising interest rates, however, mean higher mortgage payments, and can dampen buyer enthusiasm or affordability , slow down sales or lead to dropping home prices.

Real Estate 441

Real Estate Agents Marketing Sellers 441

Housing Wire

MAY 10, 2022

Eric Hill, an Atlanta real estate agent representing a nationwide homebuilder, had a plan to help more than 100 homebuyers get mortgages. In the end, some $850,000 in claims had to be paid on defaulted government-backed mortgages insured by the Federal Housing Administration (FHA).

Mortgage 397

Mortgage Marketing Finance Insurance 397

Housing Wire

AUGUST 15, 2023

Some locals are reluctant to talk to opportunistic real estate agents offering to buy fire-affected properties, the report said. A local real estate agent organization is also seeking out vacant vacation homes to lodge survivors. mainland may not work in Hawaii.

Real Estate Agent 370

Real Estate Agent Real Estate Agents Insurance 370

Housing Wire

SEPTEMBER 22, 2021

Real estate brokerage Compass announced Wednesday that it has signed an agreement to acquire Denver metro area based title insurance company First Alliance Title LLC , its fourth title insurance acquisition in the past year and second this month. The financial details of the deal are not being disclosed.

Insurance 368

Insurance Brokerage Real Estate Real Estate Agent 368

Housing Wire

APRIL 18, 2022

When the COVID-19 pandemic shut the country down in 2020, title and settlement professionals were deemed essential and continued to help consumers purchase homes and refinance mortgages. Protecting homeowners is always at the center of the title insurance industry’s core values: to lead, deliver and protect. Fee disclosure is robust.

Insurance 397

Insurance Real Estate Agent Development Real Estate 397

Housing Wire

APRIL 22, 2024

“If you’re a brokerage, and you don’t have a team model within your brokers, I would actually use that starting today because you’ll generate a lot more profit from that team than you will with the independent agents,“ Djon said. Now, they’re incentivized because they share the profits in the title insurance,“ Samson explained.

Brokerage 421

Brokerage Real Estate Realtors Real Estate Agent 421

Appraisal Buzz

OCTOBER 25, 2021

HomeBinder reports that it has added new features and user interface (UI) improvements to its centralized home management platform that keeps homeowners connected with mortgage lenders, home inspectors, insurance providers, home pros, real estate agents, and other authorized professionals.

Real Estate Agent 195

Real Estate Agent Renovations Valuation Insurance 195

Housing Wire

APRIL 3, 2024

Late last month, FHA addressed a common question the agency had received from interested stakeholders, who asked how the proposed settlement agreement will affect the treatment of seller-paid buyer broker fees in transactions that use FHA-insured mortgage financing.

Sellers 431

Sellers Buyers Agents Real Estate Agent 431

Housing Wire

JANUARY 27, 2022

housing entities are at odds over the future of the federal government’s cash-strapped flood insurance program. But Fannie Mae , the government-sponsored entity that backstops a significant portion of the country’s mortgages, does not seek an exception to the 1974 Federal Privacy Act. Two of the most powerful U.S.

Insurance 384

Insurance Government Law Real Estate Agent 384