Housing Wire

DECEMBER 22, 2020

Adoption of remote online notarization soared 547% in 2020, according to a new survey from the American Land Title Association of major vendors working in the RON space. Now, Notarize reported its volume of real estate notarizations increased 825% over 2019. How to prevent wire fraud while increasing production.

Law 498

Law Real Estate Technology Clients 498

Housing Wire

NOVEMBER 14, 2023

Here are 14 real estate trends Gen Z buyers won’t pass up. They need more affordable housing Even though Gen Z buyers are mentally ready to become homeowners, the financial challenges associated with buying a home are real. From securing a mortgage to navigating closing , the entire process is fraught with potential roadblocks.

Real Estate 473

Real Estate Buyers Renovations Open Houses 473

Housing Wire

JANUARY 18, 2022

Anthony Hsieh, the CEO of loanDepot , has been buying some pricey real estate in Florida, pushing his portfolio of properties to over $150 million. As was first reported by the The Real Deal , Hsieh has dropped approximately $50 million dollars on two properties located in Miami since the start of this year.

Real Estate 356

Real Estate Retail Investors Clients 356

Housing Wire

FEBRUARY 21, 2024

Mortgage startup Tomo has thrust itself into the “portal wars” arena with the launch of Tomo Real Estate , its new home search site, the company announced this week. Think of Tomo Real Estate as your strategic partner, paving the way for home-buying success.”

Tools 375

Tools Real Estate Mortgage Buyers 375

Housing Wire

DECEMBER 2, 2020

Prior to 2020, the mantra around the mortgage industry going back to 2016 was that launching a new “digital experience” was the equivalent to table stakes in poker. The message was clear: if you weren’t already invested in new digital mortgage experience, then your competition already beat you to the sale.

Mortgage 336

Mortgage Lending Technology Modernization 336

Housing Wire

FEBRUARY 24, 2021

HousingWire recently spoke with Propertybase CEO Vance Loiselle about real estate tech and how the past year has accelerated the need for digital collaboration tools across the entire customer journey. HousingWire: What role has the increase in technology played for both businesses and consumers in the real estate space?

Real Estate Agent 287

Real Estate Agent Real Estate Agents Loan Officers 287

Housing Wire

MARCH 12, 2021

Real Estate Exchange (REX) filed an antitrust lawsuit Tuesday in federal court against Zillow , accusing the company of anticompetitive behavior related to showing certain homes on its platform. Real Estate Tech Demo Hour. Tune in March 16th to experience demos from the most innovative real estate technology solutions.

Real Estate 481

Real Estate Brokerage Realtors Real Estate Agent 481

Housing Wire

SEPTEMBER 16, 2021

Referrals from past and repeat customers still generated the greatest number of inquiries for real estate firms in 2020 with 30% of brokerage business coming from this source, the same amount as in 2018, when the survey was last completed. million in 2020 as compared to a median of $5.3 billion in 2020.

Real Estate 343

Real Estate Business Brokerage Open Houses 343

Housing Wire

MAY 31, 2022

The chief executive officer for real estate brokerage Side announced a fresh $50 million in venture capital money spearheaded by ultra-prolific financier Tiger Global Management. For many years, everyone thought brokerage was ripe for major disruption,” said Gilles Duranton, real estate professor at the University of Pennsylvania.

Real Estate 367

Real Estate Brokerage Realty Valuation 367

Housing Wire

MAY 3, 2021

billion for the first quarter 2021 — up from only $764 million in the first quarter of 2020. Income was reported at $502 million, a huge recovery from the first quarter of 2020 when Old Republic reported a loss of $605 million. increase from the first quarter of 2020. million registered during Q1 2020. billion, a 12.4%

Insurance 379

Insurance Real Estate Investing Marketing 379

Housing Wire

JUNE 18, 2024

The Consumer Financial Protection Bureau (CFPB) has proposed that lender and servicer Freedom Mortgage Corp. million for alleged violations of a 2019 consent order and the Home Mortgage Disclosure Act (HMDA) when it submitted incorrect mortgage data. mortgage lender by volume, according to the CFPB.

Mortgage 387

Mortgage Realty Law Lending 387

Housing Wire

JULY 30, 2024

As the mortgage and real estate markets continue to face challenges, nearly 800,000 low down payment home purchases in 2023 leveraged private mortgage insurance (PMI), with first-time homebuyers accounting for 64% of the total. Mortgage Insurers (USMI). trillion in mortgages.

Insurance 399

Insurance Mortgage Finance Buyers 399

Housing Wire

MAY 18, 2021

But the past three years — and 2020, specifically — have been something else. Here’s what to expect in the mortgage application process. Buying your dream home starts with being a well-prepared buyer and beginning the mortgage application process before you even look at homes. ” Home prices, he said, have always been high.

Real Estate 443

Real Estate Marketing Real Estate Agent Agents 443

Housing Wire

JANUARY 6, 2021

2020 has certainly been a year to remember. Before we repress these 2020 memories, let’s dive into how this pandemic has created housing disruption in a number of areas of the industry, providing us all a nudge toward trying new processes and technologies that we maybe have assumed were still a few years away.

Housing Market 455

Housing Market Technology Marketing Mortgage 455

Appraisal Buzz

JUNE 25, 2024

Affordability struggles continue for many nationwide, with mortgage rates reported still in the 7% range and the average U.S. year-over-year according to Zillow, the Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey found that the total number of loans now in forbearance declined slightly to 0.21% as of May 31, 2024.

Mortgage 417

Mortgage Home Value Government Real Estate 417

Housing Wire

DECEMBER 11, 2020

More for Real Estate Enthusiasts. For people who have continuing pandemic-fueled anxiety about their job security, a tiny home is a good way to downsize and eliminate mortgage payments,” he said. The post Tiny homes are big winners in 2020 appeared first on HousingWire. How much house can you afford to buy?

Investing 494

Investing Real Estate Business Finance 494

Housing Wire

DECEMBER 6, 2022

However, when mortgage rates started rising in the spring, Summers encouraged her clients to take advantage of the bank’s mortgage rate lock product. range, versus closing on their mortgage now when their homes are finally finished being built and rates are around 7.0%,” said Summers, a Keller Williams agent in Provo, Utah.

Real Estate 360

Real Estate Real Estate Agent Clients Agents 360

Housing Wire

DECEMBER 31, 2020

The 2021 housing market forecasts have focused on everything from home prices to mortgage rates. HW : You start your commentary with a bold prediction: The 2021 housing market will be stronger than 2020. In this installment, HousingWire interviewed Jeff Tucker, senior economist at Zillow , on his forecast for next year.

Housing Market 546

Housing Market Marketing Mortgage Real Estate 546

Housing Wire

MAY 7, 2024

The official magazine for the National Association of Realtors (NAR) recently touched on the topic of reverse mortgages, mentioning products such as the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) and addressing topics like the desires of baby boomers to age in place in their homes.

Mortgage 440

Mortgage Real Estate Agent Inventory Housing Market 440

Housing Wire

JULY 15, 2022

Rocket Companies ‘ subsidiary Edison Financial will rebrand as Rocket Mortgage next month in Canada, a market with more than $760 billion (CAD) in mortgage originations annually. Windsor, Ontario-based Edison Financial will officially change its name to Rocket Mortgage Canada and operate as Rocket Mortgage on August 8.

Brokerage 388

Brokerage Mortgage Real Estate Lending 388

Housing Wire

SEPTEMBER 13, 2023

It is important to note that every one of the major national networks, those listed above, along with RE/MAX , Anywhere , United Real Estate and HomeSmart , are still active with local combinations among both their company-owned operations and their affiliated firms.

Real Estate 320

Real Estate Valuation Brokerage Property Management 320

Housing Wire

AUGUST 29, 2024

Richelle Hopkins of Mutual of Omaha Mortgage has been a reverse mortgage professional for 20 years, moving to Arizona in 2006. At a recent WIFS Phoenix event, Hopkins was able to bring a discussion about reverse mortgages to attendees and sat down with HousingWire ’s Reverse Mortgage Daily (RMD) to share details about the experience.

Finance 341

Finance Mortgage Real Estate Agent Insurance 341

Miller Samuel

MAY 1, 2021

He previously interviewed me in 2014 , 2016 and 2020. To listen to the entire one hour and 49 minute show (sorry about that), you can go here: The post [Podcast] Masters In Business: Jonathan Miller on the Real Estate Industry first appeared on Miller Samuel Real Estate Appraisers & Consultants.

Real Estate 418

Real Estate Business Valuation Appraisal 418

Housing Wire

DECEMBER 1, 2020

Jeff Allen brings more than 15 years of real estate valuation, data and analytics experience to the Clear Capital executive leadership team. The post 2020 HW Tech Trendsetter: Jeff Allen appeared first on HousingWire. Jeff Allen, Executive Vice President, Innovation Labs , Clear Capital.

Valuation 259

Valuation Real Estate Modernization Appraisal Process 259

Housing Wire

SEPTEMBER 11, 2024

home in June 2022, you probably locked in about $1,400 a month in mortgage payments. Due largely to higher mortgage rates , that same home today would cost about $2,175 a month. Mortgage payments are only part of the affordability challenge. Other holding costs for real estate include taxes and insurance.

Mortgage 413

Mortgage Insurance Inventory Buyers 413

Housing Wire

SEPTEMBER 13, 2024

She is a proven innovator who will be a huge asset in delivering Realtor.com’s solutions to help real estate professionals grow their business.” Most recently, Jacobson co-founded Rayse in 2020 along with James and Christian Dwiggins, who operate the company as co-CEOs.

Marketing 396

Marketing Real Estate Realtors Clients 396

Housing Wire

SEPTEMBER 24, 2020

The 2020 list of HousingWire Vanguard potential candidates was more competitive than ever before. One of the 2020 HousingWire Vanguards, William Lyons, appeared on season 4 of Shark Tank to ask for an investment on his real estate investing website. The competition was fierce. This list is available early for HW+ members.

Investing 312

Investing Real Estate Business Mortgage 312

Housing Wire

MARCH 2, 2023

The pandemic definitely changed the real estate market ,” Todd Alperin, a Better Homes and Gardens Real Estate The Masiello Group agent based in Southern New Hampshire, said. But in 2020 through 2022, buyers came out quickly after the new year and inventory didn’t hit bottom until much later in the spring.”

Real Estate Agent 382

Real Estate Agent Inventory Real Estate Agents 382

Housing Wire

MAY 15, 2024

This is an excerpt of a HousingWire Research report titled: What Everyone Needs to Know about Mortgage Rate Lock-in, by Altos President Mike Simonsen. housing market saw dramatic changes in affordability as mortgage rates skyrocketed 500 basis points. million in January 2021 (when mortgage rates were 2.7%) fell to 3.9

Mortgage 393

Mortgage New Listings Inventory Sellers 393

Housing Wire

FEBRUARY 9, 2021

That follows a startling trend of high vacation home demand, continuing an eight-month streak of more than 80% and includes a peak of 118% year-over-year in September 2020. Presented by: Motto Mortgage. ” The post Vacation home demand soared in 2020 appeared first on HousingWire. million receiving bids in the summer.

Home Value 400

Home Value Brokerage Contracts Agents 400

Housing Wire

OCTOBER 24, 2022

In May, I wrote about the signs to watch for a real estate market slowdown. It’s now October, we’ve had the biggest spike in mortgage rates we’ve seen in decades, and all the signs of a slowdown are here: Inventory is rising. Home buyers got spooked when mortgage rates passed 5.5%. The price of new listings is dropping.

Real Estate 322

Real Estate Marketing Inventory Sellers 322

Housing Wire

NOVEMBER 30, 2020

Anastos has worked with some of the biggest names in the mortgage industry and is now CEO of Gateless, an independent company formed by Guaranteed Rate that serves as a laboratory of cutting-edge technology for the entire industry, continuously innovating the way mortgages are conducted.

Loan Officers 261

Loan Officers Real Estate Agent Technology Development 261

Appraisal Buzz

SEPTEMBER 12, 2024

According to a recent report from Redfin , mortgage-rate locks for second homes declined 13.1% reduction in mortgage-rate locks for primary homes. In order to have more money to invest elsewhere, such as the stock market, many second-home purchasers who can afford to pay cash will take out mortgages while interest rates are low.

Mortgage 221

Mortgage Real Estate Agent Government Contracts 221

DW Slater Company

FEBRUARY 13, 2024

Love in Real Estate I’m I wrote this blog – 4 Things I Love About Being a Real Estate Appraiser- 10 years ago! Mortgage interest rates dipped to historic lows around 3% in 2020 and 2021 then made big jumps in 2022, peaking at close to 8% in November of 2023. So much has changed since that time!

Real Estate 146

Real Estate Appraisal Valuation Real Estate Agent 146

Housing Wire

AUGUST 24, 2020

Many of the 2020 HW Insiders are from these operations roles, and their talent was put to the test during unprecedented times. For this week only, HW+ members get a sneak peak at the 2020 HW Insiders. The post Here are the 2020 HW Insiders appeared first on HousingWire. The full profiles will be available Sept.

Real Estate 349

Real Estate Mortgage 349

Housing Wire

AUGUST 2, 2021

Banks moved to ease lending standards for most mortgage loan products during the second quarter, according to a loan officer opinion survey published this week by the Federal Reserve Board. Banks also reported stronger demand for residential real estate loans over the second quarter, with significant demand for QM and non-QM jumbo mortgages.

Mortgage 477

Mortgage Lending Government Loan Officers 477

Miller Samuel

MARCH 24, 2020

With New York State on lockdown, real estate brokers/agents can't sell real estate right now because they are not considered an essential business (yet they are in nearby Connecticut!) Are real estate appraisers considered an essential business in New York? Stay safe!

Real Estate 364

Real Estate Business Appraisal Government 364