Housing Wire

NOVEMBER 1, 2023

I think it will come down to the individual brokers to get the damages, and that kind of money will put a significant amount of the brokers out of business,” the Berkshire Hathaway HomeServices Drysdale Properties broker-owner said. Can we ask if the buyer is represented now? (It would swell to $5.36

Open Houses 479

Open Houses Brokerage Agents Realtors 479

Housing Wire

APRIL 22, 2024

We have a strong opinion on how AI will impact the industry and where it’s going,” Team began. No one was really talking about this in our space five years ago,” he said. Lickstein talked about having a conversation with a professional seeking a partnership that he quickly dismissed.

Real Estate 390

Real Estate Tools Brokerage Technology 390

Housing Wire

DECEMBER 26, 2023

I don’t think the lawsuit storyline is very relevant from the perspective of volumes and home shopping behavior,” Ryan Tomasello of KBW said. “At I think the three most important factors driving sentiment and action next year are going to be supply, demand and mortgage rates.”

Brokerage 449

Brokerage Mortgage Agents Bracketing 449

Housing Wire

FEBRUARY 22, 2024

HousingWire Editor in Chief Sarah Wheeler sat down with Jason Cave , former deputy director at the FHFA where he ran their FinTech Office, to talk about where mortgage tech is falling short, and what the government should do to help. JC: We got a lot of different ideas! I guess I’m a gig economy worker now!

Technology 318

Technology Tools Government Mortgage 318

Housing Wire

FEBRUARY 20, 2024

HousingWire: What should lenders consider in 2024 for collateral risk? The GSEs are focusing much attention on how they go about evaluating collateral risk. If we are paying attention to how they talk about it, I think we can categorize their thoughts into three categories. Higher quality appraisals.

Modernization 422

Modernization Tools Appraisal Technology 422

Housing Wire

APRIL 9, 2024

To get a better idea of what motivated the survey and its desire to learn more about reverse mortgages, RMD sat down with WSFS Mortgage President Jeffrey Ruben. The ‘aha’ moment was really validating an assumption we had going into it, that there is this large education gap,” Ruben said. I think the survey bears that out.”

Mortgage 400

Mortgage Tools Brokerage Government 400

Housing Wire

JANUARY 31, 2024

I think cybersecurity today is different than it used to be. We are no longer dealing with the amateur hackers of the [1990s] that are mostly just exploring and having fun and defacing websites. We are dealing with professionals who absolutely do this for a living.” And they should absolutely not have these roles.

Mortgage 437

Mortgage Insurance Tools Business 437

Housing Wire

MARCH 8, 2024

It was mid-February when clients, family and friends began asking Jason Posnick about strange postcards appearing in their mailboxes. She talks with a lot of people, and she announced to our company that this was coming and went through what exactly we should expect,” said Posnick, the sales manager at Chinatti Realty Group.

Agents 428

Agents Legal Realtors Clients 428

Housing Wire

OCTOBER 11, 2023

“The SLS platform for us is very much the focus as to how we think about fee-based income and third-party business,” Baron Silverstein, president at NewRez , a subsidiary of Rithm, said on Wednesday afternoon during the HousingWire Annual conference, held Oct. 10-12 at the Hyatt Lost Pines.

Retail 463

Retail Business Real Estate Investors 463

Housing Wire

APRIL 22, 2024

“Anytime there is a downturn in housing sales or a shock to the industry like with the litigation settlement, although we have not faced anything like this in my 47 year career, there is uncertainty,” Murray said. He also warned that leaders should temper expectations. We like deals where core services are non-existent or very weak.

Brokerage 417

Brokerage Real Estate Agents Sellers 417

Housing Wire

MARCH 11, 2024

We are living in a watershed moment in history. The new paradigm brings into question many closely held assertions about who we serve, the type of homes we should be building, and the best way to pay for a home in retirement. Boomers are transforming retirement as we know it. Nothing is as it was.

Real Estate 420

Real Estate Real Estate Agent Inventory Housing Market 420

Housing Wire

MARCH 25, 2024

During a virtual open house hosted by Keller Williams to answer agent and broker questions about the settlements in the commission lawsuits , the overwhelming message was for real estate professionals to focus on what they can control. We’ll learn how to navigate the new rules and we have time to get clarity about that.”

Agents 436

Agents Advertising Real Estate Buyers 436

Housing Wire

MARCH 5, 2024

It’s still the first quarter of 2024, so it may be too early to be pessimistic about the current mortgage rate environment, but it’s becoming more likely that a much anticipated cut in benchmark rates from the Federal Reserve won’t come until the summer of 2024. “I But look, I think a lot of it is wishful thinking.

Loan Officers 420

Loan Officers Mortgage Buyers Inventory 420

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. SW: How do you think about build versus buy?

Technology 313

Technology Real Estate Architecture Investing 313

Housing Wire

FEBRUARY 29, 2024

Editor in Chief Sarah Wheeler sat down with Dan Stewart, founder and CEO of Happy Grasshopper , to talk about the company’s tech strategy in creating content that resonates with consumers. And that’s what we focus on. Today we’re nurturing about 37 million contacts on behalf of our members.

Real Estate 417

Real Estate Agents Technology Business 417

Housing Wire

MARCH 18, 2024

A national syndicated columnist has taken a closer look at the reverse mortgage product category after reviewing data from the Consumer Financial Protection Bureau (CFPB) about the industry’s advertising practices , and she says that the product can have utility for older Americans as long as a prospective borrower properly understands it.

Advertising 388

Advertising Mortgage Business Clients 388

Housing Wire

APRIL 3, 2024

CoStar has not been quiet about its goal to surpass Zillow, even running a series of advertisements during this year‘s Super Bowl to boost brand awareness. We went the route of not leveraging the buyer broker rules from day one because we thought it was a better business model. Because in this scenario, Zillow stands to win too.

Real Estate 433

Real Estate Agents Buyers Business 433

Housing Wire

DECEMBER 22, 2023

Thus, while we think home sales will start to rise over the new year, the combination of modest increases in home prices and still-elevated interest rates suggest a slow pace of recovery from previously recessionary levels of housing activity.” said many of the same headwinds the market faced in 2023 remain as we roll into 2024.

Mortgage 440

Mortgage Marketing Housing Market Buyers 440

Housing Wire

FEBRUARY 28, 2024

Longbridge should also see some benefits from the economic climate in the future, according to Mark Tecotzky, vice chairman and head of credit strategies at Ellington. “A Looking ahead Penn said that Ellington is reasonably optimistic about Longbridge’s forecast performance. “As It’s been a tough business.

Mortgage 410

Mortgage Investors Retail Business 410

Housing Wire

SEPTEMBER 24, 2023

Mortgage rates and the bond market Last week was wild for the 10-year yield, as the key support line that I have been talking about for weeks broke after the Fed meeting, sending the 10-year yield to highs last seen in 2007. The 10-year yield fell on Friday, bringing some relief, but we got very close to yearly highs for mortgage rates.

Mortgage 477

Mortgage Inventory New Listings Housing Market 477

Housing Wire

SEPTEMBER 18, 2023

I have spoken numerous times over the past 35 years about the fairness and efficiency of what I refer to as the Realtor marketplace , which is a combination of a multiple listing service with Realtor association oversight, supported by a majority of brokerage firms and sales agents. Second, we’ll see changes to franchise agreements.

Realtors 431

Realtors Brokerage Agents Buyers 431

Housing Wire

NOVEMBER 16, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Jason Bressler , CTO at United Wholesale Mortgage (UWM) to talk about how the lender is developing a smart, innovative IT team by giving them a safety net to fail. JB: We are wholly invested in AI right now. This interview has been edited for length and clarity.

Technology 441

Technology Training Development Mortgage 441

Housing Wire

MAY 2, 2024

Ben Hunsaker, a Beach Point Capital Management portfolio manager who is focused on securitized credit, said that during the past year, nonqualified mortgage (non-QM) AAA bond spreads have actually contracted from 155 to 135, while agency mortgage-backed securities (MBS) spreads have widened from about 118 to 134 over the same period.

Marketing 382

Marketing Mortgage Investors Sellers 382

Housing Wire

MARCH 20, 2024

In the scenario where the best agents take more market share, you have to think about where those agents sit today,” Bhonsle said. Every big brokerage has some of them, but if you think about some of the most productive agents, a lot of them sit on Compass’ platform.

Brokerage 450

Brokerage Agents Realtors Real Estate 450

Housing Wire

SEPTEMBER 6, 2022

Below, Webster talks with HousingWire to share his excitement for HW Annual, and some of the topics he expects to learn more about at the Marketing Leaders Success Summit. Rick Webster: Although I’m happy we had the technology to connect everyone over the last two years, I truly feel in-person events offer the best experience for attendees.

Advertising 378

Advertising Marketing Technology Housing Market 378

Housing Wire

OCTOBER 5, 2023

HousingWire Editor in Chief Sarah Wheeler sat down with Adam Carmel , founder and CEO at Polly , to talk about the ways technology should be delivering ROI for lenders. And for about two decades, the industry has been using the same kind of technology. SW: Let’s talk about margins. What is the disconnect there?

Technology 409

Technology Lending Mortgage Business 409

Housing Wire

FEBRUARY 12, 2024

Instead, you should think of the “Why?” For example, in terms of loss mitigation, approach the problem from the goal of keeping more homeowners in their homes, rather than thinking of the changes to make to the waterfall for your workout. rather than the “What?” of the problem.

Technology 372

Technology Clients Development Mortgage 372

Housing Wire

MARCH 19, 2024

President Joe Biden will be in Las Vegas on Tuesday, where he will offer additional remarks about the policies and priorities of his administration’s push to address housing issues for renters and buyers alike. These investments, Brainard said, are estimated to total about $185 billion. We need to ‘build, build, build,’” Tanden said.

Sellers 369

Sellers Buyers Realtors Investing 369

Housing Wire

APRIL 1, 2024

HousingWire spoke with Parvesh Sahi, chief revenue officer of Polly , about the importance of having the right PPE and strategic pillars that facilitate LO success. We cannot minimize the positive outcomes that result from enterprise agility. We go beyond simply locating and comparing which options may better serve borrowers.

Loan Officers 418

Loan Officers Technology Tools Marketing 418

Housing Wire

OCTOBER 12, 2023

Do you still think that? Rich Weidel: Yes, and even more now that we’re seeing in this down cycle which technologies provide value and which are just an expense. You would get phone calls constantly from tech vendors during that period, and they’d talk about 30%, 40% ROI and how much tech would decrease turn times.

Mortgage 421

Mortgage Technology Contracts Realtors 421

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. Sarah Wheeler: ICE’s acquisition of Black Knight just closed today. What is top of mind for you moving forward?

Technology 390

Technology Mortgage Tools Insurance 390

Housing Wire

DECEMBER 18, 2023

Matthew Marx is the CEO and co-founder of digital marketing agency Evocalize , and has written on the topic of the new rules on social media as well as speaking about the changes on podcasts including HousingWire Daily. We now have a time clock of about six months. We’ll see.” They [may] have to do it,” he said. “I

Mortgage 429

Mortgage Business Legal Real Estate 429

Housing Wire

MARCH 21, 2024

We’ve been scenario planning for quite some time, and it was not a scenario we have not already planned for,” said Art Carter, CEO of the California Regional MLS (CRMLS). “On On a couple of our webinars, we said that we expected it to happen by the end of the summer, so the timing wasn’t really a surprise either.”

Realtors 421

Realtors Agents Real Estate Logistics 421

Housing Wire

APRIL 9, 2024

Total Mortgage Volume Forecast, multicultural households will account for about $2.2 We can do better The traditional framework sets diverse lending initiatives apart as specialized services. Lenders who adopt this way of thinking have reported measurable results in as few as four months. More recently, Patriot Bank paid $1.9

Modernization 388

Modernization Lending Legal Legal Fees 388

Housing Wire

FEBRUARY 7, 2024

We are proud to have closed our acquisition of Sculptor Capital in the fourth quarter, a significant milestone for our firm and a critical next step in Rithm’s evolution into a global asset manager focused on real estate, credit and financial services,” Michael Nierenberg, chairman, CEO and president of Rithm Capital, said in a statement.

Valuation 405

Valuation Business Mortgage Loan Officers 405

Housing Wire

DECEMBER 12, 2023

If the labor market gets weaker, meaning jobless claims break over 323,000 on the four-week moving average, we can get even more rate cuts. The labor market is not there yet so for now we can focus on the fact that the Fed overhiked, and because of that, they have room to cut. Shelter inflation is also 44.4%

Real Estate 491

Real Estate Marketing Mortgage 491

Housing Wire

SEPTEMBER 2, 2022

We are fairly bullish,” Lind said. You had this backlog of lower-coupon loans that were originated in the first two quarters, where people got caught offsides, and we had a sort of ‘get the pig through the python’ concept. And I think that is coming to fruition.”. Acra’s production is down about 25%, according to Lind.

Lending 394

Lending Business Brokerage Investors 394