Housing Wire

APRIL 24, 2024

From 2018 through October 2023, Gallo and Elmas used their positions to conspire and engage in a fraudulent scheme to falsify loan origination documents sent to mortgage lenders in New Jersey and elsewhere, including their former employer, to fraudulently obtain mortgage loans,” the DOJ alleges. Gallo originated more than $1.4

Mortgage 543

Mortgage Retail Finance Investing 543

Housing Wire

SEPTEMBER 7, 2023

The Consumer Financial Protection Bureau (CFPB) has settled a class action suit first brought against it in 2018 by Black and Hispanic employees over issues of alleged discrimination and retaliation, according to court documents reviewed by HousingWire. The suit, first filed in 2018 against the CFPB by plaintiffs Carzanna Jones and Heynard L.

Legal 413

Legal Finance 413

Housing Wire

JANUARY 17, 2024

A 5% sample of the UAD data was used, including the period between the third quarter of 2018 and the fourth quarter of 2021. of all purchased properties in the period analyzed between 2018 and 2021, despite national house prices growing rapidly. However, time adjustments happened to only 18.5%

Appraisal 482

Appraisal Contracts Finance Real Estate 482

Housing Wire

SEPTEMBER 19, 2023

Ospina, who has worked for the firm since 2018, formerly served as Alterra’s SVP of national production for the last year. Prior to Alterra Home Loans — where Ospina spent five years starting out as a branch manager in 2018 — he was a sales manager at Paramount Residential Mortgage Group and loan originator at MLB Residential Lending.

Retail 459

Retail Lending Mortgage Business 459

Housing Wire

SEPTEMBER 25, 2024

Negative depictions of Americans ages 50 and older have lessened over a five-year period, with negative sentiment in online media and marketing images dropping from 28% in 2018 to 10% in 2023, according to research published this week by senior advocacy organization AARP.

Advertising 427

Advertising Technology Marketing 427

Appraisal Buzz

AUGUST 12, 2024

in 2018 to 30.1% Cities with the Largest Changes in Rent-to-Income Ratios The fact that monthly rent has increased since 2018—by precisely 32.6%—may of their total income in rent in 2018. Key Findings: Rent is increasing at a faster pace than income. The national rent-to-income ratio has increased by 2.7% of their income.

Tenants 397

Tenants Appraisal 397

Housing Wire

JANUARY 30, 2024

In its previous five-year plan, from 2018 to 2023, the bank invested $1.75 Regarding the plan governance, the bank will maintain the advisory board created under the 2018 plan, and NCRC will appoint half the members. billion, which was 192% higher than its initial goal.

Investing 427

Investing Mortgage Lending Loan Officers 427

Housing Wire

OCTOBER 17, 2024

Founded in 2018, Canopy has its own proprietary technology platform, which propelled it to becoming a HousingWire Tech100 winner in 2023. Open Mortgage shut down its distributed retail channel in August and laid off more than two dozen employees. The company is now focused on third-party originations.

Mortgage 456

Mortgage Retail Loan Officers Technology 456

Housing Wire

DECEMBER 15, 2023

Founded in 2003 by Tom Gonser, DocuSign went public in 2018. DocuSign’s platform is widely used among real estate professionals. The San Francisco -based firm allows its users to securely send and sign documents online. It was then valued at $6 billion.

Real Estate 460

Real Estate Technology Marketing Finance 460

Housing Wire

APRIL 20, 2022

In 2018 when mortgage rates rose, we saw existing home sales trend lower from 5.72 Even though total existing-home sales didn’t do much in 2018 and 2019, we see how higher rates impacted the demand curve. We are between what we saw in 2018 — with a mild response to higher rates — and 2014, where the reaction was much more severe.

Housing Market 505

Housing Market Marketing Inventory Mortgage 505

Housing Wire

OCTOBER 8, 2024

Redfin also notes that its records contradict Mata’s claims, as the company said there are no records of a Guillermo Mata subscribed to Redfin.com before February 2018 or one that logged on anytime after October 2018, meaning that his claim would be time-barred.

Brokerage 455

Brokerage Law Agents Legal 455

Housing Wire

DECEMBER 10, 2021

If you look at the 2018 line in the inventory chart, you’ll see that inventory hadn’t yet declined by this time of year in 2018. between April and December, and that cooled the market enough that a little bit of inventory built up during 2018. That being said, keep an eye on rising interest rates.

Housing Market 543

Housing Market Marketing Inventory Sellers 543

Housing Wire

SEPTEMBER 15, 2024

increase 2018: $453,100 — 6.8% That condition was finally met in 2016 when the FHFA increased the conforming limits for the first time in a decade. Here are the increases in FHFA’s conforming loan limit for one-unit loans for the lower 48 states since 2016. 2016: $417,000 2017: $424,100 — 1.7% increase 2019: $484,350 — 6.8%

Mortgage 505

Mortgage 505

Housing Wire

JANUARY 9, 2024

A seasoned Realtor , Hines was Sotheby’s top broker in sales volume in West Seattle in 2018-2019 and also appeared on Forbes Market Leader’s list. Together, the three agents will cover West Seattle and the Eastside areas of Seattle. Janssens also stood out for his productivity as a broker at Sotheby’s.

Realty 443

Realty Brokerage Agents Real Estate 443

Housing Wire

MAY 24, 2024

Thompson, recognized as a HousingWire Rising Star in 2018 , will oversee more than 60 loan officers across Texas , Oklahoma and New Mexico. Movement Mortgage , a multichannel mortgage lender, has appointed Joe Thompson as its new regional director.

Mortgage 440

Mortgage Renovations Loan Officers Retail 440

Housing Wire

MARCH 6, 2024

John joined Newrez in June 2018 as vice president of marketing and was promoted to head of marketing in 2022. “What led me to Guaranteed Rate’s marketing team was Victor Ciardelli’s vision for the company. He is thinking steps ahead in how to reach out to consumers and reach them at their point of need,” John told HousingWire.

Marketing 447

Marketing Loan Officers Retail Lending 447

Housing Wire

JUNE 5, 2024

Even at the highest demand levels in 2024, purchase mortgage applications are about 45% lower compared to the same weeks in 2018 and 2019. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased from 7.05% to 7.07%, with points increasing from 0.63

Mortgage 467

Mortgage Government Contracts Lending 467

Housing Wire

JULY 26, 2022

They also learned their lesson quickly in 2018 as mortgage rates at 5% were too high for construction growth.” Then in 2018, they had a supply spike as mortgage rates reached 5%. Today, new home sales are back to 2018 levels. That makes sense to me; builders missed sales estimates in 2013, 2014, and 2015. percent (±15.0

Construction 514

Construction Housing Market Inventory Marketing 514

Housing Wire

OCTOBER 26, 2023

Prior to joining Serhant, Christie was with Compass from 2018 to 2021. “I have known Jason for many years. He is not only a pro at his craft, he is an incredible human being that truly embodies our culture and values.”

Real Estate Agent 444

Real Estate Agent Brokerage Real Estate Agents 444

George Dell

NOVEMBER 20, 2023

Editor’s Note: This original Gratitude post written by George Dell appeared in The Analogue Blog on November 21, 2018. A lot has transpired in five years. The understatement of the Century!) But our gratitude is stronger than ever after all these years.

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Housing Wire

MARCH 12, 2024

Financing options While the proportion of Latino buyers who used Federal Housing Administration ( FHA ) loans declined between 2018 and 2022, there may have been an uptick in 2023, according to NAHREP. Latinos have historically relied on low down payment mortgage options for home purchases.

Real Estate Agent 482

Real Estate Agent Real Estate Buyers Realty 482

Housing Wire

AUGUST 19, 2024

Nationwide, 43% of distressed properties sold at auction were in low-income or minority Census tracts, according to an analysis of more than 195,000 properties sold on Auction.com since 2018 and underserved areas data from the FHFA. That number has held steady over time, with 43% of 2023 auction sales in underserved communities.

Renovations 476

Renovations Development Buyers Investors 476

Housing Wire

MARCH 14, 2024

Since becoming a CDFI in 2018, Change has funded more than $25 billion in loans to more than 75,000 borrowers, the lender reported. Change Lending’s services include small-business loans and lines of credit, investor real estate loans, rehab loans and renovation loans, according to its website.

Lending 445

Lending Renovations Legal Real Estate 445

Housing Wire

JANUARY 5, 2024

For more than 10 years, she served as vice president and regional manager for the Southeast at Citizens, formerly Franklin American Mortgage which was acquired in 2018. Dickey brings more than two decades of financial industry experience to the position.

Mortgage 445

Mortgage Finance Marketing 445

Housing Wire

JANUARY 10, 2024

billion of that total investment figure occurred during Hoekman’s tenure as president, which began in 2018. These “have financed 2,800 developments, creating or preserving 200,000 affordable homes nationwide,” The company said. Downes is looking forward to serving in the new position.

Investing 453

Investing Development Investors Finance 453

Housing Wire

MARCH 20, 2024

She joined Realty ONE in August 2018. Kathy Baker, a 2023 HousingWire Woman of Influence , was promoted to the position of chief coaching officer. In her new role, she will spearhead ONE University’s coaching programs. In her previous role, Baker was vice president of learning.

Realty 441

Realty Human Resources Real Estate Brokerage 441

Housing Wire

DECEMBER 5, 2023

The market share for single-family construction in counties with the highest personal income quintile (greater than $62,212) was 40.8%, down from 45% in Q3 of 2018. The bulk of home building is in high-income areas Both the single-family market and the multifamily market posted bigger home-building gains in high-income areas.

Construction 474

Construction Marketing Housing Market 474

Appraisal Buzz

JUNE 11, 2024

Additional initiatives that Freddie Mac noted included the financing of more than 46,000 manufactured homes titled as real property from 2018-2023, providing more than $6.7 Among Freddie Mac’s actions to preserve affordable housing from 2018-2023 include: Purchased more than 500 loans on shared equity homes since launching offerings in 2019.

Finance 390

Finance Real Property Design Lending 390

Housing Wire

JULY 2, 2024

Its other notable acquisitions in recent years include reverse mortgage-focused AMC Landmark Network in 2018 and Texas-based AMC Janus Valuation & Compliance in 2019. In August 2022, the company acquired Chandler, Arizona-based AMC AppraisalTek before acquiring Maine-based AMC PropertyVal in December of that year.

Valuation 448

Valuation Appraisal Mortgage 448

Housing Wire

OCTOBER 5, 2023

He stayed with APR until it was bought by Compass in 2018. Early on, he opened Fox and Carskadon’s Palo Alto office before moving to Alain Pinel Real Estate , where he was a founding sales leader. Once I retired, I missed the interaction with the agents , clients and colleagues from other brokerages,” Gerlach said in a statement.

Brokerage 448

Brokerage Real Estate Agents Clients 448

Housing Wire

SEPTEMBER 4, 2024

Since its founding in 2018, Figure has originated more than $11 billion in home equity lines of credit (HELOCs). “In just a few years, Figure has become the number one nonbank HELOC provider, largely because the capital markets and regulators are supportive of our modern approach.

Legal 445

Legal Lending Technology Modernization 445

Housing Wire

SEPTEMBER 29, 2023

Since joining KCM in 2018, Childers has worked to expand KCM’s research and marketing capabilities. In his new role, Childers will be expected to further KCM’s mission to provide real estate professionals with “best-in-class market insights and educational resources,” the statement said.

Real Estate 432

Real Estate Marketing Mortgage Housing Market 432

Housing Wire

MAY 16, 2024

Budnick has been part of the Berkshire Hathaway HomeServices brand since 2002, serving first as a broker and executive vice president of Berkshire Hathaway HomeServices Florida Realty Network , and then as the firm’s president and CEO starting in 2018. In May 2021, she was named CEO of Berkshire Hathaway HomeServices.

Realty 412

Realty Sellers Buyers Real Estate 412

Housing Wire

OCTOBER 17, 2024

FHLBank contributions to the AHP rose for the first time since 2018,” FHFA said. FHLBanks are required to commit 10% of their net income from the prior year to the AHP, which totaled slightly more than $355 million in 2023. Their actual AHP awards in 2023 were approximately $91.7 million — or about 26% — above that amount.

Development 459

Development Finance Investing Mortgage 459

Housing Wire

JANUARY 22, 2024

Founded in 2018 by Lewis Ranieri – the co-inventor of the mortgage-backed security – Ranieri Solutions is a financial services-focused technology company that invests in, develops and applies innovative technology solutions in the real estate and mortgage industries.

Technology 428

Technology Insurance Real Estate Development 428

Housing Wire

FEBRUARY 12, 2024

The Raumakers began their career in real estate in 2016 at Keller Williams before joining eXp Realty in 2018 and launching The Home Squad. “In When we add agents from both traditional and non-traditional brokerages, it’s validating and a testament to how our model is working and unlike any other.” In SERHANT.,

Real Estate 435

Real Estate Marketing Brokerage Realty 435

Housing Wire

OCTOBER 16, 2024

In 2018, TheMLS.com created VestaPlus to continue building the software with the intent of licensing it. Some agents have gotten creative on how to make offers of compensation to buyer agents, such as placing three items in photos to indicate an offer of 3% commission.

Realtors 432

Realtors Technology Real Estate Agents 432