Housing Wire

DECEMBER 4, 2024

Steve Rovithis ROVI Homes arrived on the scene in 2015. He launched ROVI Homes in 2015. Real announced Wednesday the affiliation of ROVI Homes , a brokerage operating in the New England states of Massachusetts , Connecticut and Rhode Island , as well as Sarasota, Florida.

Agents 372

Agents Brokerage Real Estate Technology 372

Housing Wire

MAY 1, 2023

To understand how this might happen, consider Figure 3 below, which depicts actual net loss rates for mortgages purchased by Fannie Mae for two different sets of vintages; a more severe period represented by origination years 2005-2007, and 2013-2015 representing a much more favorable period of time.

Mortgage 417

Mortgage Insurance Development Business 417

Housing Wire

SEPTEMBER 25, 2024

GAP Realty Group was founded in 2015 by Alex Pandoff and has 50 agents. ERA Prime Real Estate Group, which also has offices in Farmington and Grand Blanc, said that the acquisition would increase the firm’s services area and market share in Southeast Michigan. The financial terms of the deal were not disclosed.

Real Estate 415

Real Estate Realty Brokerage Clients 415

Housing Wire

FEBRUARY 22, 2024

In 2005, he began a 10-year stint working for the Royal Bank of Scotland in Singapore, then joined Morgan Stanley in 2015, according to his biography. Akwaboah serves on the board of the Morgan Stanley Foundation and is also a member of the Federal Reserve Bank ’s payments risk committee. Fannie Mae recently reported $77.4

Technology 463

Technology Government Business Marketing 463

Housing Wire

NOVEMBER 6, 2024

Since 2015, there has been a sizable increase in the homeownership rate among those 70 and older,” the report said. In contrast, pre-2015 homeownership patterns would have predicted that these homes would have been sold.

Buyers 356

Buyers Mortgage Marketing Finance 356

Housing Wire

MARCH 5, 2024

For context, active listings during the same time frame in 2015 were substantially higher at 958,304. Meanwhile, inventory rose year over year by nearly 19%. The most recent inventory bottom was in 2022 at 240,194 units, while the inventory peak in 2023 was 569,898.

Mortgage 454

Mortgage Inventory Investors Sellers 454

Housing Wire

OCTOBER 3, 2024

According to the counterclaim, in 2015 while working for Keller Williams, Team was asked to build a platform for the firm. Over the course of eight years from 2015 to 2023, Keller Williams paid Aika more than $38 million, according to the counterclaim. In September, Aika filed a counterclaim that brought Team into the suit.

Contracts 349

Contracts Legal Technology Real Estate 349

Appraisal Buzz

DECEMBER 5, 2024

For instance, from 2010 to 2015, foreign-born householders accounted for 50% of household growth, a period marked by weak native-born household formation following the Great Recession.

Construction 418

Construction Housing Market Marketing Buyers 418

Housing Wire

FEBRUARY 1, 2024

Rampell currently serves as general partner at Andreessen Horowitz , where he has focused on financial services since October 2015. TrialPay was acquired by Visa in 2015. He also serves on the board of several Andreessen Horowitz portfolio companies and has led several of the firm’s investments.

Technology 390

Technology Finance Investing Mortgage 390

Housing Wire

JANUARY 23, 2024

Founded in 2015 as an indirect wholly owned subsidiary of Mr. Cooper Group , Xome is a real estate marketplace that serves mortgage servicers, originators, real estate professionals, financial institutions and homebuyers and sellers.

Real Estate 401

Real Estate Technology Valuation Brokerage 401

Housing Wire

AUGUST 21, 2023

533 ReBuilt 1,096% 2015 Vertically integrated marketplace helping homeowners sell their unwanted property and real estate investors find great off-market deals. 658 Maxwell 890% 2015 Digitizes the mortgage-origination process for small to midsize banks, credit unions, and independent mortgage lenders. 4,105 FirstCloseFirstclose.

Real Estate 349

Real Estate Real Estate Agent Technology Investors 349

Housing Wire

OCTOBER 30, 2023

Mezzasalma joined Cenlar in 2015 as vice president and chief accounting officer. Prior to joining Cenlar in July 2023, Schneider held other executive leadership positions at mortgage companies such as Ditech, Vericrest, Washington Mutual Home Loans, CitiMortgage and Blackstone-backed Stearns Lending.

Project Management 408

Project Management Lending Finance Clients 408

Real Estate News

NOVEMBER 15, 2023

Willis previously held the top leadership position at Keller Williams Realty from 2005-2015 and had recently rejoined the company in a consulting capacity.

Realty 297

Realty 297

Housing Wire

SEPTEMBER 16, 2023

9): Inventory rose from 547,222 to 552,042 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 518,626 For context, active listings for this week in 2015 were 1,201,196 One of the data lines I will incorporate weekly going forward is the price cut percentage.

Inventory 478

Inventory New Listings Housing Market Mortgage 478

Housing Wire

JANUARY 30, 2023

He left Cenlar in 1990 to join New York City-based Dime Bancorp as its chief financial officer but returned to Cenlar in 2015. He then worked as Cenlar’s chief risk officer from 2015 to 2019 before taking on an advisory role at the company in 2019. Daras’ association with Cenlar dates back to 1985 when he initially joined the company.

Clients 355

Clients Insurance Mortgage Finance 355

Housing Wire

MAY 19, 2022

The last premium reduction took place in 2015, when the Obama administration, buoyed by an improving economy, slashed the premiums from 1.35% to.85%. Only by cutting premiums will the administration be able to carry out its objectives of improving racial equity and increasing homeownership, the trade group said.

Insurance 433

Insurance Mortgage Development 433

Housing Wire

DECEMBER 9, 2023

Here is the price cut percentage data for the same week in other years: 2023 38% 2022 42% 2021 27% As you can see, affordability is an issue, and the price cut percentage is higher now than in any period from 2015-2021, but still below 2022 levels. Now lets take a look at the weekly inventory data. the seasonal peak this year was on Nov.

Mortgage 521

Mortgage Inventory New Listings Sellers 521

Housing Wire

APRIL 23, 2023

However, for this week, we saw good week-to-week growth and the new listing data for this calendar week isn’t too far off from what we saw in 2022.

Inventory 543

Inventory Housing Market Marketing New Listings 543

Housing Wire

MARCH 26, 2021

Kang, an LO who worked at Wells Fargo between 2000 and 2015, alleged that the bank paid advances on commissions at a rate of $12 per hour but then clawed it back. James Kang, the lead plaintiff, said Wells Fargo illegally clawed back compensation.

Legal 488

Legal Law Open Houses Loan Officers 488

Housing Wire

FEBRUARY 27, 2023

RMK Financial Corporation , which does business as Majestic Home Loans , has been permanently banned by the Consumer Financial Protection Bureau (CFPB) from the mortgage lending industry following a series of repeat offenses — which occurred despite the CFPB’s law enforcement order issued in 2015. government. government.

Lending 371

Lending Advertising Mortgage Government 371

Housing Wire

NOVEMBER 18, 2024

FHFA has set the caps on the GSEs’ conventional multifamily businesses since 2015. But in an effort to prevent disruption, “if FHFA determines that the actual size of the 2025 market is smaller than was initially projected, FHFA will not lower the caps,” the agency explained.

Government 396

Government Finance Business Marketing 396

Housing Wire

OCTOBER 6, 2021

Since 2015, Fannie Mae has required borrowers to complete the course through Framework Homeownership , which started in 2012 as a partnership between Housing Partnership Network and Minnesota Homeownership Center.

Finance 497

Finance Mortgage Development 497

Housing Wire

AUGUST 29, 2024

In 2015, the watchdog took action against the lender for allegedly “paying illegal kickbacks and deceiving borrowers about a veterans’ organization’s endorsement of NewDay USA products,” the agency said. That’s the second case involving the CFPB and NewDay USA.

Loan Officers 349

Loan Officers Law Mortgage Insurance 349

Housing Wire

OCTOBER 1, 2022

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. The largest settlement recorded , at $25 million, was with New Jersey-based Hudson City Savings Bank in 2015.).

Law 402

Law Loan Officers Lending Advertising 402

Housing Wire

JANUARY 8, 2025

Burgman began his real estate career in 2015 after 10 years with the U.S. The team is led by Shane Burgman, who has averaged 50 home sales per year during his 10-year career, racking up more than $200 million in sales in the process. Navy as a nuclear submarine missile technician.

Brokerage 396

Brokerage Real Estate Realty Clients 396

Appraisal Buzz

AUGUST 2, 2024

That was the largest gain since 2015. The number of renter households grew at the second-fastest pace since 2021, while the number of homeowner households grew at the slowest pace since 2019. Growth in the number of renter households hit a peak of 2.8% in the first quarter of 2024.

Appraisal 395

Appraisal Marketing 395

Housing Wire

MAY 20, 2024

Originally founded in 2015, Notarize is based in Boston and has raised more than $200 million in funding. Recently , the company launched an artificial intelligence (AI)–powered fraud detection tool called Defend that is built into the Proof platform.

Legal 369

Legal Tools Agents Business 369

Housing Wire

JUNE 24, 2022

The investment management firm PIMCO bought a sizable stake in the mortgage lender in 2015 and initiated layoffs and management changes in 2018, another tough year for the mortgage industry.

Retail 448

Retail Mortgage Investing Business 448

Housing Wire

APRIL 30, 2023

Even though it does appear that 2023 will have the lowest new listing data ever recorded in history, we are seeing the traditional growth in new listing data for the year, which is a big positive in my eyes.

Inventory 519

Inventory Housing Market Marketing New Listings 519

Appraisal Buzz

OCTOBER 24, 2024

Between 2014 and 2015, the number of business foreclosures increased steadily, reaching a high of 889 in October 2014. This early spike indicates that there was more financial turmoil in the commercial real estate market at the time.

Real Estate 397

Real Estate Business Government Appraisal 397

Housing Wire

MAY 21, 2023

The latest existing home sales report , which I wrote about here , showed the year-over-year growth went from 1.03 million to 1.04 million.

Housing Market 495

Housing Market Marketing Inventory New Listings 495

Housing Wire

NOVEMBER 13, 2024

He joined Movement in March 2015 to lead the Northeast region, was promoted to chief performance officer in 2020 and president in 2021. Michael Brennan was previously listed as the company’s president but is now listed as the national director of partner sales, according to the company’s website.

Mortgage 348

Mortgage Loan Officers Retail Finance 348

Housing Wire

JANUARY 9, 2023

The 29% average purchase discount was also well above the pre-pandemic average of 22% between 2015 and 2019. The rapidly rising average purchase discount indicates that local community developers are anticipating a rapid slowdown in home price appreciation in the next six to 12 months. percent, according to ATTOM Data Solutions.

Retail 443

Retail Sellers Buyers Market Value 443

Housing Wire

AUGUST 20, 2024

The firm was founded in 2015 by Steve and Jessica Poulos, and it affiliated with BHGRE in 2021. BHGRE Northwest Home Team has offices in Tumwater, Yelm and Chehalis, and serves clients in South Puget Sound area, focusing on Thurston, Pierce, Lewis, Mason and Grays Harbor Counties.

Real Estate 383

Real Estate Realty Agents Clients 383

Housing Wire

OCTOBER 20, 2022

Prior to the pandemic, the average purchase discount at foreclosure auction had never dropped below 20% in any quarter as far back as nationwide data is available, Q1 2015. Instead, they are reverting to average purchase discounts prior to the pandemic, when home price appreciation averaged about 5% annually between 2015 and 2019. “I

Housing Market 439

Housing Market Buyers Marketing Investors 439

Housing Wire

SEPTEMBER 24, 2023

16-23): Inventory rose from 552,042 to 556,865 The inventory bottom for 2022 was 240,194 The inventory peak for 2023 so far is 527,938 For context, active listings for this week in 2015 were 1,198,033 Historically, one-third of all homes have price cuts every year. According to Altos Research : Weekly inventory change (Sept.

Mortgage 437

Mortgage Inventory New Listings Housing Market 437

Housing Wire

JANUARY 8, 2025

In the next few years, this implies better opportunities for beleaguered homebuyers who have been battling for scraps of inventory since 2015. Only the best-prepared buyers would win. The pressure finally subsides. There will be less upward pressure on home prices.

Mortgage 468

Mortgage Inventory Finance Sellers 468