Housing Wire

MARCH 15, 2024

These housing professionals have been gaming out the potential impact on buyers’ agents – a significant source of referrals. Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down.

Buyers 504

Buyers Agents Mortgage Real Estate Agent 504

Housing Wire

OCTOBER 6, 2023

Mortgage lenders are betting on down-payment assistance programs, buy-down options and renovation products to provide brokers opportunities to win in a market with mortgage rates nearing 8%, a lack of inventory and high home prices. The lender, based in South Dakota, offers conventional, FHA and VA loan products, as well as bridge loans.

Mortgage 473

Mortgage Real Estate Agent Renovations Finance 473

Housing Wire

MAY 3, 2023

On Friday afternoon, my real estate agent called with good news. The agent wished me well and said that she would appreciate a review on her website. I had sought out the agent because she had the best track record in the area, worked with a lot of investors on the buy side, and had a history of closing quickly.

Agents 407

Agents Real Estate Agent Brokerage Real Estate 407

Housing Wire

SEPTEMBER 7, 2023

For most real estate agents, working with a reliable lending partner is essential to a smooth and successful transaction. That partnership is everything,” Amy Breach, a Seattle-based Keller Williams agent, told HousingWire in late 2022. The lender and LO can make or break the transaction.”

Buyers 394

Buyers Agents Loan Officers Real Estate 394

Housing Wire

MAY 20, 2021

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their market. There is tight inventory, prices soaring, and multiple bids on everything.” Bethesda, Maryland. were “buying second homes like candy” in the Maryland eastern shore area.

Housing Market 410

Housing Market Marketing Real Estate Agent Loan Officers 410

Housing Wire

MARCH 29, 2023

While lower cost of capital will likely bring buyers back in a meaningful way, the latest market instability and the Federal Reserve ’s federal funds rate hike will stress a lot of real estate agents, mortgage advisors and lenders to the core, said Daniel Arias, loan officer at We Fund LA , a division of New American Funding.

Mortgage 408

Mortgage Real Estate Agent Buyers Loan Officers 408

Housing Wire

NOVEMBER 7, 2023

Though this seems like a whole new stress-inducing worry for many real estate agents , the fact is that commissions have never been a set amount, just an expectation or a tradition in many markets. One of the top concerns for homebuyers as well as agents right now is the historic lack of inventory. Be a matchmaker.

Clients 406

Clients Buyers Real Estate Agent Real Estate 406

Housing Wire

SEPTEMBER 30, 2021

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. This is sick, and I want it to end,” said Sharon Aubuchon, a RE/MAX Premier Realty agent in Prairie Village, Kansas a suburb of Kansas City. Kansas City, Missouri.

Housing Market 358

Housing Market Marketing Real Estate Agent Loan Officers 358

Housing Wire

FEBRUARY 15, 2023

Steinway is the sole loan officer in his branch and is supported by the rest of his five team members, who primarily focus on marketing its realtor relationships. Closing just shy of $100 million of production in 2022, he’s aiming for a higher loan origination volume in 2023. It’s the local relationships.

Mortgage 360

Mortgage Loan Officers Lending Retail 360

Housing Wire

MARCH 6, 2023

The combination of an economic uncertainty, high mortgage rates and persisting affordability challenges will further reduce purchase demand, which keeps Monson and thousands of loan officers up at night. For instance, most loan officers don’t see the point of their clients buying down rates by paying a lot of money upfront.

Loan Officers 381

Loan Officers Inventory Real Estate Agent Buyers 381

Housing Wire

MAY 23, 2023

The lack of housing inventory – a major pain point for real estate agents and loan officers – is an issue that Mark Cohen, principal owner of Cohen Financial Group , also sees in the upper end of the Southern California market. It’s a two-story housing market in Southern California,” Cohen said.

Marketing 351

Marketing Mortgage Inventory Loan Officers 351

Housing Wire

MAY 20, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. This rapid increase in prices, coupled with local housing inventory dropping over 50% in 2021, has meant times are tough for buyers looking to settle in Bluffton.

Housing Market 398

Housing Market Marketing Real Estate Agent Real Estate 398

Housing Wire

FEBRUARY 7, 2023

And many buyers are waiting on the sidelines, paralyzed by low housing inventory and high rates. of the balance of a loan being assumed would be fair to both the borrower and the servicer.” ” Other stakeholders want even higher fees so they can compensate loan officers. Tozer suggested “a fee of 1.3%

Mortgage 381

Mortgage Loan Officers Government Buyers 381

Housing Wire

JANUARY 9, 2024

households that provides visibility into everything that went into a transaction — real estate agents, loan officers, lenders, title agencies and borrower details, according to MMI’s website. “If MMI’s data covers information on mortgage transactions covering more than 95% of U.S.

Loan Officers 277

Loan Officers Real Estate Agent Tools Business 277

Appraisal Buzz

OCTOBER 3, 2022

I am in the camp with many that believe the market will continue to feel price pressure, at least until inventory levels begin to return to normal (2019 or early 2020 levels, at least). Why inventory levels matter to appraisers. Inventory levels have an impact on property valuation, at least in the short term.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

JUNE 1, 2023

Are low-FICO, first-time homebuyers better off with a conventional mortgage and reduced LLPA fees, or an FHA loan with none at all? We spoke to multiple loan officers and Washington, D.C.-based based think tank Urban Institute to hear their takes.

Loan Officers 358

Loan Officers Insurance Mortgage Real Estate Agent 358

Housing Wire

FEBRUARY 28, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. The heightened demand has put a strain on Annapolis’ already tight housing inventory, causing properties that would have previously held narrow appeal to go faster than expected. “I

Housing Market 384

Housing Market Marketing Buyers Agents 384

Housing Wire

APRIL 7, 2021

Inversely, data from Zillow showed for-sale inventory climb the highest in four major real estate markets – Los Angeles, Chicago, San Francisco, and New York. ” Real estate agents and LOs: the great collaboration. . ” Real estate agents and LOs: the great collaboration.

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Housing Wire

JANUARY 7, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. By the numbers, Springfield is dealing with a similar high-demand, low-inventory quandary as the rest of the country, though with lower prices. San Diego, California.

Housing Market 365

Housing Market Marketing Real Estate Agent Agents 365

Housing Wire

APRIL 7, 2021

Real estate agents and LOs: the great collaboration. Technology has given consumers the power of choice and expedited the entire real estate purchasing process. ” Duncan added that home sellers are citing high home prices and tight inventory as primary reasons why it’s a good time to sell.

Sellers 512

Sellers Real Estate Agent Real Estate Loan Officers 512

Housing Wire

APRIL 29, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. With inventory remaining tight and demand still strong, Davis only sees this trend increasing as we get further into spring. Conway, Arkansas. Rochester, New York.

Housing Market 357

Housing Market Marketing Agents Real Estate 357

Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. But, while home prices in the area are still on the rise, the number of homes sold in Bend was down 24% year over year in April, according to Bend Premier Real Estate.

Housing Market 350

Housing Market Marketing Real Estate Real Estate Agent 350

Housing Wire

APRIL 18, 2023

When rates start to trend down, the company expects to add more loan officers, call center staff and operation staff. Now that the market has turned, do you see any challenges for your purchase call center agents ? There are support staff that come along with them (loan officers). We’re growing quite a bit.

Retail 330

Retail Business Agents Loan Officers 330

Realtor

OCTOBER 16, 2023

And while there are ways to lower those costs , navigating the home loan process is extremely complicated—particularly for first-time homebuyers. This can give buyers the edge, as Ameer points out, “given today’s tight market with low inventory. “These situations often happen outside of typical office hours.”

Mortgage 190

Mortgage Real Estate Agent Real Estate Buyers 190

Housing Wire

APRIL 14, 2022

A seasoned retail and commercial banking salesman in Fort Wayne, Indiana, the 39-year-old Woodward joined Interfirst Mortgage as a loan officer in October 2020 after a recommendation from an old college friend. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 522

Mortgage Marketing Retail Lending 522

Housing Wire

DECEMBER 30, 2022

It’s positive news for an industry that has recently dealt with a lackluster amount of inventory. Whether it be through social media, connecting with real estate agents or going back to old-fashioned ways of knocking on people’s doors, they’ll have to focus on the purchase market going into the new year.

Renovations 404

Renovations Realtors Construction Mortgage 404

Housing Wire

DECEMBER 28, 2023

In his 20 years in mortgage banking, no year has compared to 2023 in terms of difficulty, said Ben Cohen, Guaranteed Rate ’s managing director and a top-producing loan officer. It was another brutal year, pushing loan originators to work longer hours, close loans faster while diversifying their mortgage product offerings.

Business 427

Business Mortgage Loan Officers Inventory 427

Housing Wire

NOVEMBER 8, 2021

But because inventory remains at record lows, home prices have soared to astonishing highs, and bidding wars still occur in housing market across the country, Pascoe and other real estate agents on the buy-side have had to go the extra mile to fight for their VA clients.

Clients 395

Clients Agents Buyers Sellers 395

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Due in part to the inventory of available homes for sale being historically low, it was low at the end of 2019 and continues to drop. Your loan officer may even put your file through an initial underwriting.

Sellers 66

Sellers Loan Officers Inventory Home Value 66

Genworth MI Blog

JANUARY 24, 2019

Whether you’re a loan officer, loan processor, or underwriter, you have the power to detect and report various types of fraud. Failure of loan officer/processor/underwriter to disclose pertinent info which could negatively impact the decision. Lack of due diligence by loan officers or others involved in process.

Loan Officers 78

Loan Officers Mortgage Buyers Real Estate Agent 78

Cornerstone

SEPTEMBER 3, 2021

A housing inventory shortage. Thankfully, housing inventory levels have slowly begun to rise. And yet, though small inventory gains have been made, total housing inventory is still tight in most parts of the U.S. Low mortgage rates and low for-sale inventory drove the increase in home prices.”.

Housing Market 49

Housing Market Marketing Inventory Loan Officers 49

Genworth MI Blog

JULY 13, 2023

The current housing market has been met with low housing inventory, yet demand is still relatively high. They could be a licensed appraiser and an authorized real estate agent, two appraisers, etc. Plus, the high demand for housing mixed with low inventory has certainly created many obstacles for borrowers.

Appraisal 78

Appraisal Inspection HOA Real Estate 78

Genworth MI Blog

JANUARY 24, 2019

Whether you’re a loan officer, loan processor, or underwriter, you have the power to detect and report various types of fraud. Failure of loan officer/processor/underwriter to disclose pertinent info which could negatively impact the decision. Lack of due diligence by loan officers or others involved in process.

Loan Officers 60

Loan Officers Mortgage Buyers Real Estate Agent 60

Housing Wire

MAY 10, 2023

You may have heard the good news: In recent weeks, several mortgage and real estate brokerage execs have exclaimed that we may have already reached the bottom of the market. For prospective home buyers and sellers, that could mean a gradual decline in mortgage rates , which would unlock inventory and—dare I say—sales activity.

Loan Officers 367

Loan Officers Marketing Inventory Real Estate Agent 367

Cornerstone

JANUARY 7, 2022

With more housing inventory to hit the market, the intense multiple offers will start to ease. months — significantly lower than the 6-month supply required for healthy housing inventory levels that satisfy homebuyer demand. – Danielle Hale , realtor.com’s Chief Economist. Hot market conditions should cool slightly.

Housing Market 52

Housing Market Marketing Sellers Inventory 52

Cornerstone

MAY 4, 2021

But today, housing inventory has dropped far below this level: The National Association of REALTORS® (NAR) reports that there’s currently just a 2.1-month Before you decide to renovate, get in touch with a real estate agent and determine if it’s the most beneficial choice based on your local market and the state of your house.

Renovations 41

Renovations Home Improvement Loan Officers Real Estate Agent 41

Cornerstone

JULY 1, 2021

Here’s an overview of why selling your house now may be optimal: Because inventory is so tight and demand is so high, buyers are competing for limited listings as homes fly off the market. Housing inventory still sits far below the six-month supply threshold required to uphold a healthy market.* Got questions? We’ve got answers.

Sellers 61

Sellers Buyers Real Estate Agent Inventory 61