Housing Wire

MARCH 27, 2024

HomeServices of America still has a writ of certiorari out with the U.S. In its filing, HomeServices asked for a review of an August 2023 ruling by the Eight Circuit Court, which found that HomeServices could not enforce arbitration agreements signed by seller clients of its franchisees.

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Law Sellers Realtors Contracts 374

Housing Wire

MARCH 8, 2024

Millions are expected to be sent out across America. “If Recipients are also given the option to “opt out” or object to the settlement. If recipients wish to opt out or object they must do so by April 13, 2024. Those who opt out have the option to sue the defendants independently, but they cannot object to the settlement.

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Agents Legal Realtors Clients 402

Housing Wire

MAY 20, 2024

“Sometimes an older consumer is presented with a ‘you-can’t-miss’ sort of investment opportunity, where they’re encouraged to take out a reverse mortgage, or there are also scams where older consumers are encouraged to take out reverse mortgages to pay for high-cost repairs or improvements to your home,” Royster said.

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Mortgage Insurance Property Taxes Development 321

Sacramento Appraisal Blog

JULY 18, 2022

UPCOMING (PUBLIC) SPEAKING GIGS: 7/20/2022 Beer & Stats at Out of Bounds (sign up (for real estate agents)) 7/26/2022 Navigating […]. I have some new visuals to show what the market is doing right now. These are for Sacramento, but I suspect many areas look similar.

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Sellers Buyers Real Estate Agent Real Estate 469

Housing Wire

MAY 1, 2024

Under the guidance of FHFA, Freddie Mac and Fannie Mae are aligning to create “an industry standard for first-generation classification,” specifically for the term “first-generation homebuyer mortgage,” which was initially laid out in the revised equitable housing finance plan from Freddie Mac.

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Mortgage Finance Government Development 407

Housing Wire

MARCH 11, 2024

Floify Lender Edition is a counterpart to Broker Edition , which was rolled out in December. ” Floify plans to roll out new integrations with popular borrower verification report providers and an e-closing vendor, as well as enhanced functionality with existing integration partners in the coming months. .

Mortgage 388

Mortgage Loan Officers Real Estate Agent Design 388

Inman

MAY 1, 2024

After dozens of members of the Inman community commented on a recent Facebook post, we wanted to find out what you think about the recently signed TikTok ban.

Technology 151

Technology Agents Marketing 151

Housing Wire

JULY 25, 2022

Gone are the days that loan originators received hefty signing bonuses to crank out refi after refi. But make no mistake, even in a down mortgage market lenders are still dangling signing bonuses to recruit high-producing LOs who can eat what they kill. They must — it’s a matter of survival.”.

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Marketing Retail Loan Officers Mortgage 343

Housing Wire

OCTOBER 20, 2023

In their cross examination, attorneys for the defendants established that Ellis had knowingly signed a contract to pay a certain commission and that she knew the commission would be shared with whoever the buyer’s agent was. According to Ellis, a 6% commission has already been filled in on the contract prior to her signing.

Contracts 391

Contracts Agents Buyers Real Estate 391

Sacramento Appraisal Blog

JANUARY 4, 2022

January public speaking gigs: January 12: Top Producer Panel in Granite Bay (sold out) January 18: SAR Big Market Update (sign up here) January 19: PCAR WCR Big Market […]. Let’s talk about some of the emerging trends. Scroll quickly or digest slowly. Anything to add?

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Real Estate Marketing Housing Market Appraisal 420

Housing Wire

MAY 17, 2024

In an announcement on Friday, Redfin said that the payment plan would be rolling out Aug. They also have all marketing expenses for listings paid for — including photography, staging, yard signs and other collateral materials. Redfin is expanding its Redfin Next agent payment plan into 25 new markets starting in August 2024.

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Agents Marketing Brokerage Technology 344

Housing Wire

APRIL 17, 2024

In a writ of certiorari filed in early February, HomeServices told the Supreme Court that each of its client contracts state that the “signatories can arbitrate any claim or dispute arising out of the contract.”

Contracts 385

Contracts Brokerage Law Real Estate Agent 385

Housing Wire

DECEMBER 14, 2023

Meanwhile, new listing activity also inched up slightly in recent weeks, another good sign for homebuyers who have more options. Life changes, whether family or financial, will push more homeowners out of their homes, even if it means giving up their low rates.

Mortgage 477

Mortgage New Listings Loan Officers Inventory 477

Housing Wire

APRIL 26, 2024

home sale price remains near record highs and supply stays constrained in many locales, two of the most populous states that have seen a surge in demand since the start of the COVID-19 pandemic are showing signs of a pullback. Many local blue-collar workers have been priced out of homeownership, too.” Even as the median U.S.

Housing Market 372

Housing Market Marketing Insurance Sellers 372

Housing Wire

AUGUST 29, 2023

According to Altos Research , the Austin metro housing market shows signs of a substantial normalization in home prices compared with the overall trends of the pandemic years and pre-pandemic years. Boston, Chicago and San Francisco show very negative domestic out-migration.

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Housing Market Marketing Real Estate 360

Housing Wire

AUGUST 30, 2023

“The small gain in contract signings shows the potential for further increases in light of the fact that many people have lost out on multiple home buying offers,” said NAR Chief Economist Lawrence Yun. The NAR’s Pending Home Sales Index climbed to a reading of 77.6

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Inventory Contracts Buyers Realtors 409

Sacramento Appraisal Blog

JUNE 8, 2021

On one hand stats are basically at all-time highs, but when we look deeper we’re starting to see some subtle signs of slowing. What are you seeing out there? Is this crazy housing market slowing? Let’s talk about that today. QUICK SUMMARY: The market is still bananas, but we’re seeing some slight slowing.

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Housing Market Marketing Sellers Buyers 433

Housing Wire

MAY 3, 2024

A bill that will permanently allow for remote reverse mortgage counseling via telephone or video conferencing services in the state of Massachusetts has been signed into law by Gov. It’s difficult to right the ship; changing legislation is a very difficult thing to do, as we’ve found out.

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Mortgage Law Business Development 400

Housing Wire

MARCH 4, 2024

Out of the $2.5 Signed shortly after Bass took office in December 2022, the directive requires city departments involved in planning and decision-making to greenlight 100% of affordable projects, circumventing codes and regulations that are traditionally responsible for long delays and additional costs.

Finance 429

Finance Property Taxes Insurance Development 429

Housing Wire

OCTOBER 11, 2023

— projection is undoubtedly that between 60% and 80% of agents could wash out in the industry as buyers find alternatives to their services , MLS networks/NAR weaken, and the power paradigm shifts dramatically to sell-side agents. Sign up here ! Who’s most exposed? But that statement comes with a big asterisk.

Real Estate Agent 470

Real Estate Agent Real Estate Agents Brokerage 470

Housing Wire

OCTOBER 18, 2023

A significant number of retail lenders were purpose-built to pump out huge refi volumes with a call center model. Since Q1 2021, the average LO has pumped out just under 16 loans per quarter at $4.8 It’s not crazy to think that the LOs who haven’t been able to generate enough purchase business have already washed out.

Retail 510

Retail Loan Officers Brokerage Mortgage 510

Housing Wire

MARCH 12, 2024

Wells Fargo -backed mortgage fintech Maxwell rolled out a point-of-sale (POS) feature that offers tailored workflows and integrations. Lenders can choose to integrate and configure many third-party services such as verification of asset, verification of employment/ verification of income , e-signing and e-closing.

Technology 367

Technology Retail Lending Design 367

Housing Wire

NOVEMBER 13, 2020

In today’s red-hot market, you need a real estate agent who can get creative, play hardball in negotiations, and help you stand out from the pack in a bidding war. Then interview at least a few before signing on with one — and be sure to ask these five all-important questions when you do. How long are you locked into their services?

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Real Estate Agent Real Estate Agents Contracts 545

Appraisal Buzz

MAY 13, 2024

“Purchase lock counts are a key market indicator as they control for changes in home prices and more volatile refi activity, so the year-over-year increase in April is a particularly encouraging sign that mortgage production may be turning a corner,” says Brennan O’Connell, director of data solutions at Optimal Blue, in a statement.

Mortgage 195

Mortgage Marketing Appraisal 195

Housing Wire

APRIL 29, 2024

The action is designed to inform consumers about the potential pros and cons of taking out these loans, according to an announcement issued by Attorney General Dana Nessel’s office on Monday. “A The attorney general of Michigan has re-released a consumer alert about the reverse mortgage product category during financial literacy month.

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Mortgage Property Taxes Design Insurance 394

Housing Wire

APRIL 8, 2024

After a few months of downward data in its performance metrics, the reverse mortgage industry saw a slightly different story play out in March that should come as welcome news. The end of 2023 was very weak on this measure, so good to see some recovery signs here,” he said. and even HECM-to-HECM refinances jump by 8.8%.

Mortgage 373

Mortgage Marketing Sellers Investors 373

Housing Wire

DECEMBER 9, 2022

Custom and personalized signing bonuses will be offered to lure in top talent, Covey said, without mentioning specific numbers. There are so many people that reached out to me this week that are handcuffed. They got a six- figure, seven-figure signing bonus and they’re stuck,” Covey said.

Mortgage 404

Mortgage Retail Real Estate Agent Loan Officers 404

Housing Wire

AUGUST 7, 2020

Andrew Cuomo has extended the state’s eviction moratorium again, as many fear being kicked out of their homes after the federal eviction moratorium and unemployment benefits ended late last month. New York Gov. In March , the State of New York Unified Court System put in place the first eviction moratorium, effective through June.

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Tenants Government Mortgage Real Estate 531

Inman

DECEMBER 14, 2023

Find out more about these valuable tools and how to get them signed. According to broker Joseph Santini, buyer agreements are good for buyers and good for buyer agents.

Buyers 170

Buyers Tools Agents 170

Housing Wire

SEPTEMBER 29, 2022

The Pending Home Sales Index has declined for nine out of the past 10 months. The direction of mortgage rates – upward or downward – is the prime mover for home buying, and decade-high rates have deeply cut into contract signings,” Lawrence Yun, NAR’s chief economist, said in a statement. All four major U.S. to a reading of 71.0.

Contracts 360

Contracts Realtors Inventory Marketing 360

Appraisal Buzz

OCTOBER 20, 2021

Where can I go if I think I’ve given out sensitive information? What are the signs to look out for so I don’t fall for this scam? We’ll be getting the inside scoop while they discuss what to do if you receive a call. Why and how are appraisers being targeted?

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Appraisal Valuation 370

Inman

OCTOBER 3, 2023

Is the tide going in or out on your real estate business? Team leader Carl Medford helps you read the signs and plan for what's next. Are you planning for the market waves and how they'll affect your future?

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Business Real Estate Marketing Agents 184

Real Estate News

MAY 18, 2023

in recent weeks, a possible sign that rates are leveling out. The 30-year fixed-rate mortgage has teetered between about 6.3-6.4%

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Mortgage 198

Housing Wire

JANUARY 12, 2024

retirement conversation often focused on the increasing challenges of maintaining a quality of living into older age, a law passed by Congress in 2022 could be a positive sign. With much of the U.S. The automatic enrollment provision could have a notable impact on U.S. retirement.

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Law Modernization Finance 375

Housing Wire

FEBRUARY 28, 2024

According to the National Association of Realtors , in 2023, 41% of surveyed buyers signed agency agreements, up from 35% in 2022. In addition to advising homebuyer to take precautions when signing a buyer agency agreement, the CFA also invited regulators to scrutinize these agreements.

Buyers 372

Buyers Contracts Agents Realtors 372

Housing Wire

MARCH 4, 2024

And as a result, as inventory builds , the sales growth trend shows signs of slowing. Year-over-year inventory change is one of the most clear signals for home price changes a year further out. For more on inventory trends, pricing, price reductions and home sales, check out the above video. But will rates deter sellers also?

Inventory 475

Inventory Sellers Buyers Real Estate 475

Housing Wire

APRIL 11, 2024

“Home sellers often have a candid conversation about fees with their agent before signing an agreement to work together. Buyers would benefit from doing the same. In March , the National Association of Realtors (NAR) agreed to pay $418 million in damages to settle the real estate commission lawsuits.

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Agents Real Estate Sellers Buyers 416