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 395

Loan Officers Mortgage Inventory Clients 395

Housing Wire

MARCH 29, 2023

When the 30-year fixed rate dropped for the third straight week in late March, homebuyers responded, giving a boost to mortgage applications. And, following investors’ rush into bonds after the recent bank failures earlier this month, yields moved even lower last week — and mortgage rates followed.

Mortgage 407

Mortgage Real Estate Agent Buyers Loan Officers 407

Housing Wire

FEBRUARY 7, 2023

California-based Carrington Mortgage Services (CMS) sees a window of opportunity in the mortgage market. The Federal Reserve (Fed) actions that resulted in millions of borrowers receiving mortgage rates below 4% gave way to Fed actions that… triggered mortgage rates to rise above 7% in the fall of 2022.

Mortgage 383

Mortgage Loan Officers Government Buyers 383

Housing Wire

JANUARY 17, 2024

1 With over 12,000 Americans turning 65 every day in 2024, this burgeoning market will undoubtedly continue to bring more buyers and sellers to the table over the next decade. They own the home with their name on the title, as with any mortgage, traditional or reverse.

Finance 454

Finance Real Estate Agent Real Estate Insurance 454

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 395

Buyers Agents Loan Officers Real Estate 395

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 395

Loan Officers Real Estate Agent Real Estate Finance 395

Housing Wire

APRIL 1, 2023

The homebuyer just wrapped this long process with their real estate agent and mortgage loan officer, but it’s the photo with the title agent that they tend to post on social media as they hold the keys to their new house.

Real Estate Agent 383

Real Estate Agent Loan Officers Agents Sellers 383

Housing Wire

NOVEMBER 23, 2022

Mortgage rates for a 30-year fixed-rate loan are hovering around 7% levels and still-high home prices are slashing purchasing power. What helped Erica Davis, a loan originator at Guild Mortgage , in the current high-rate environment is a seller-funded temporary 2-1 rate buydown. It’s a terrible time for homebuyers.

Buyers 469

Buyers Marketing Sellers Loan Officers 469

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. Offer them solutions to get a better-than-average mortgage rate. Be a matchmaker. This is where being proactive matters.

Clients 427

Clients Buyers Real Estate Agent Real Estate 427

Housing Wire

JANUARY 13, 2021

As more and more mortgage tech companies enter the scene, competition for accessibility and personalization gained speed this week as proptech touched down in more niche submarkets. The tech will assess the completeness of the loan package when sellers upload required documents and set conditions when information is missing.

Mortgage 339

Mortgage Sellers Technology Real Estate Agent 339

Housing Wire

OCTOBER 1, 2021

Stevens, President at SRE.com, about the challenges mortgage loan officers and brokers face as the market continues to shift toward purchase money business and how human-assisted eCommerce can help them win more business. HousingWire: Why should referrals be a key part of originators’ strategies?

Business 414

Business Loan Officers Real Estate Agent Real Estate 414

Housing Wire

APRIL 14, 2022

Consolidation in the mortgage industry is likely in 2022, analysts and lending executives said. Justin Woodward has experienced the best and the worst of the mortgage industry in only 18 months. “I had not done first mortgage lending before, but I was familiar with the basics of real estate lending.

Mortgage 521

Mortgage Marketing Retail Lending 521

Housing Wire

DECEMBER 27, 2022

The first half of the year, with mortgage rates in the 3s and 4s, was like “Fast and Furious.” The number of home listings dried up , contracts were canceled , the few buyers still out there demanded concessions , mortgage rates spiked to 7% and homebuilder sentiment hit rock bottom. over asking price. High octane stuff.

Housing Market 525

Housing Market Marketing Real Estate Agent Real Estate 525

Realtor

SEPTEMBER 13, 2023

The loan officer writes an appeal using the new comparables and then sends it to the appraiser. Order a second appraisal “Most often, if the appraised value is not as high as the agreed (contract) price, the seller’s agent will ask to see the comps and get a second or third appraisal,” Saatchi says.

Appraisal 193

Appraisal Sellers Real Estate Agent Valuation 193

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

JUNE 24, 2021

Buyside helps real estate agents and loan officers engage homeowners with not just home value tools but also branded wealth optimization tips on their home’s equity so homeowners can now truly view their home as an asset. For more information, visit getbuyside.com or email sales@getbuyside.com.

Valuation 390

Valuation Real Estate Agent Real Estate Clients 390

Housing Wire

APRIL 13, 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. “Sellers shouldn’t overprice their homes, even if most homes in their area are selling for higher than their asking price,” she said.

Sellers 407

Sellers Buyers Real Estate Agent Real Estate 407

Housing Wire

APRIL 5, 2021

And even with fast-rising home prices and an uptick in mortgage rates , 30% of those surveyed said they wouldn’t move to an area with natural disasters or rising sea levels even if home prices were affordable. ” Real estate agents and LOs: the great collaboration. . “I had one client in St.

Buyers 469

Buyers Real Estate Agent Real Estate Brokerage 469

Housing Wire

MARCH 1, 2022

In January I received a text message from Dave Savage, CEO of Mortgage Coach. News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). Tech100 Mortgage Winners. Hey Clayton …” and a link.

Real Estate 383

Real Estate Brokerage Real Estate Agent Technology 383

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. . “The pandemic has catalyzed purchases by millennial first-time buyers, many of whom can now work from anywhere.”

Housing Market 545

Housing Market Marketing Real Estate Technology 545

Housing Wire

MARCH 6, 2023

There were leads, referrals and action in January, after people returned from holiday vacations and rates declined, said Don Monson, branch manager at Sente Mortgage. Rising rates will likely scare buyers away from the market, as it makes monthly mortgage payments less affordable, loan officers interviewed by HousingWire said.

Loan Officers 383

Loan Officers Inventory Real Estate Agent Buyers 383

Housing Wire

APRIL 16, 2024

As the engines of the housing and mortgage markets continue to sputter due to higher interest rates and fewer buyers, industry innovators are looking for ways to get their company’s wheels off the ground. of the loan amount, with a $5,000 cap, which adds to the typical buyer-side agent commission of up to 3%.

Real Estate Agent 462

Real Estate Agent Loan Officers Real Estate Agents 462

Housing Wire

MARCH 24, 2021

A week after the deadline to pick sides in United Wholesale Mortgage ‘s “all-in” ultimatum to mortgage brokers, Fairway Independent Mortgage is speaking out. Real estate agents and LOs: the great collaboration. “I would say it’s in every mortgage broker agreement.

Real Estate Agent 383

Real Estate Agent Retail Real Estate Design 383

Appraisal Buzz

MAY 17, 2021

During the 2007-10 mortgage default meltdown, appraisals were a target of complaints and allegations by lenders, the GSEs, some state appraisal boards, and a few unscrupulous entrepreneurs. As appraisers, we faced tremendous pressure from buyers, sellers, real estate agents, and loan officers during the previous run-up.

Appraisal 418

Appraisal Clients Real Estate Sellers 418

Housing Wire

DECEMBER 11, 2023

When affordability meets fair housing Recently, during a coaching session with an agent, that agent shared how a recent seller, Bob, sold his home of 20 years and made so much money on the sale that he was able to purchase a retirement home in Savannah, Georgia, and have plenty of money left over for a nice retirement nest egg.

Real Estate Agent 446

Real Estate Agent Real Estate Agents Lending 446

Housing Wire

MARCH 30, 2022

We caught up with Hurst to talk about his new role and why the firm is looking to invest in commercial real estate tech startups and mortgage tech firms. Since we now have good coverage across those segments, our more recent investments have primarily focused in two areas – mortgage technology and commercial real estate.

Mortgage 370

Mortgage Real Estate Investing Technology 370

Kairos Appraisal Services

JANUARY 9, 2023

Whether you are a seller, a buyer, a real estate agent, or a loan officer, using accurate property comps is essential for determining a listing price, financing for a mortgage loan, and assessing how much equity is in the… The post How to Get Accurate Property Comps appeared first on Kairos.

Real Estate Agent 52

Real Estate Agent Appraisal Process Loan Officers Real Estate 52

Housing Wire

NOVEMBER 8, 2021

After completing countless Veterans Administration (VA) mortgage loan transactions over the years, Chris Pascoe, a Marine veteran turned RE/MAX agent, has developed something of a system. First, he has his clients lender call the listing agent.

Clients 395

Clients Agents Buyers Sellers 395

Housing Wire

JANUARY 31, 2023

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market.

Inventory 395

Inventory Marketing Business Buyers 395

McKissock

JANUARY 18, 2022

A skilled real estate agent can play a major role in guiding these fledgling property owners through the maze that is a real estate transaction. In an interview with Entrepreneur , property experts say that a real estate agent can make or break a home-buying experience. Honesty Counts.

Real Estate Agent 96

Real Estate Agent Real Estate Agents Buyers 96

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. This is a lot different than 2008 where you needed a credit score and a heartbeat to get a mortgage. An additional 21% closed 1.5

Business 427

Business Mortgage Loan Officers Inventory 427

Lamacchia Realty

JANUARY 23, 2023

Buying a new home requires a mortgage, where a lender loans you the money, and you pay it back over time. To get a mortgage, you’ll need a down payment to prove you are responsible and will pay it back. Ideally, a down payment on a mortgage should be 20% of the home’s price. Step 3: Get pre-approved for a mortgage.

Real Estate Agent 72

Real Estate Agent Inspection Realty Real Estate 72

Genworth MI Blog

JANUARY 24, 2019

In the mortgage industry, we consistently hear that mortgage fraud is becoming more difficult to commit. What that really means is that traditional methods of mortgage fraud are becoming more difficult to commit, especially with improvements in technology and verification of borrower information. Alteration/forgery of documents.

Loan Officers 78

Loan Officers Mortgage Buyers Real Estate Agent 78

Quicken Loans

JUNE 10, 2021

Maybe you’ve tried contacting a real estate agent, who probably told you to call back after you’ve been “preapproved.” Immediately, the question arises: How do you start the process of getting a mortgage loan? If you’re buying for the first time , the mortgage loan process can be confusing and unfamiliar.

Mortgage 68

Mortgage Real Estate Agent Sellers Appraisal 68

Genworth MI Blog

JANUARY 24, 2019

In the mortgage industry, we consistently hear that mortgage fraud is becoming more difficult to commit. What that really means is that traditional methods of mortgage fraud are becoming more difficult to commit, especially with improvements in technology and verification of borrower information. Alteration/forgery of documents.

Loan Officers 60

Loan Officers Mortgage Buyers Real Estate Agent 60

Realtor

FEBRUARY 13, 2023

Illustration by Realtor.com / Getty Images Getting a mortgage to buy a home is a process, with many hoops and hurdles to jump through and over before reaching the finish line. And this is particularly true for certain specialized loans, like those offered by the United States Department of Agriculture. land are eligible. .

Development 156

Development Loan Officers Appraisal Finance 156

Eppraisal

APRIL 20, 2021

It's a sizzling, fast-paced seller's real estate market right now. Have Your Financing in Order If you're in the market to buy a home in the near future, the most important item on your agenda is to have proof that you have enough cash for the purchase or are pre-approved for a mortgage.

Sellers 66

Sellers Loan Officers Inventory Home Value 66