Housing Wire

DECEMBER 4, 2020

However, Nothaft expects that mortgages originated today, with a contract rate of 3% or lower, are more likely to have a relatively long life and lenders will not see them coming into refinance anytime soon. Especially when contract interest rates for refis are below 3%. On average, CoreLogic predicts mortgage rates to sit closer to 3.2%

Mortgage 518

Mortgage Contracts Construction Inventory 518

Housing Wire

DECEMBER 5, 2023

million in damages related to a breach of contract claim (plus interest and attorney’s fees), representing six years of avoided license fees. Black Knight filed a complaint against PennyMac in November 2019 for breaching contracts and misappropriating trade secrets. 28, an arbitrator awarded Black Knight $155.2

Contracts 448

Contracts Development Legal Law 448

Housing Wire

SEPTEMBER 1, 2020

With interest rates at historic lows and a rush on the suburban market, lenders in New York City and its bedroom communities are working overtime to process what they say is an unprecedented book of business. “People are out there, they’re looking for the best deal.” The rest of this content is for HW+ members.

Loan Officers 435

Loan Officers Retail Lending Contracts 435

Housing Wire

DECEMBER 5, 2024

A post shared by Amy Gregory | SOCIAL MEDIA + REAL ESTATE COACH (@amygregory) Actionable Insights Take a page out of Amys book and share your personal journey to connect with your audience Use social media to inspire your colleagues and educate potential clients 10. Visit Coffee & Contracts 15.

Real Estate 397

Real Estate Agents Real Estate Agent Luxury Properties 397

Housing Wire

MAY 28, 2024

“Reverse servicing increased its profitable contribution with higher gains on loans held for sale, even as volume contracted,” Sean O’Neill, Ocwen’s chief financial officer, said on the call.

Contracts 448

Contracts Mortgage Design Business 448

Housing Wire

JULY 25, 2022

Rising interest rates and a slowing economy overall are already taking some of the air out of the rapid home-price appreciation the housing market has experience over the past year, according to the recently released Federal Reserve Beige Book for July. The Beige Book.

Housing Market 418

Housing Market Marketing Supply Chain Real Estate 418

Housing Wire

AUGUST 28, 2020

Pool installers in Dallas are booked solid for the next year or two, Trusler said. In Connecticut, nearly a third of homes that went under contract between March and early July had a swimming pool, according to a recent analysis by Coldwell Banker. It’s helped spur homebuyers to search for homes with pools and outdoor amenities.

Real Estate Agent 497

Real Estate Agent Real Estate Agents Buyers 497

Housing Wire

JULY 24, 2024

Since mid-February, CoStar said it has sold more than $55 million in net new bookings for Homes.com, resulting in 10,200 agents on the platform with 86% having signed on for a 12-month contract. According to CoStar, it took Apartments.com more than two years to reach $55 million in net new bookings.

Tools 448

Tools Agents Realtors Buyers 448

Housing Wire

OCTOBER 25, 2024

Miami-based Novaprime utilized smart contracts that conform to MISMO standards and extract all the loan data and compare it to source data of documents as well as agency eligibility, all in real time. Loans sitting on the books cost a lender between $500 and $1,500 per day. That adds up.

Investors 434

Investors Contracts Technology Lending 434

Housing Wire

DECEMBER 29, 2023

Just like you should be wrapping up your business and closing out your books before the last day of the year, you also need to wipe the slate clean so that you can jump in and move forward with fresh goals, new clients and an uncluttered mindset. If you are a gmail person, this is as simple as selecting your ENTIRE inbox and hitting ARCHIVE.

Brokerage 448

Brokerage Real Estate Contracts Business 448

Housing Wire

JUNE 22, 2024

Now, context is critical; 2023 new listings data was at the lowest levels ever and 2024 looks to be second in the book. Here are the price-cut percentages for last week over the previous few years: 2024: 37% 2023: 32% 2022: 29% Pending sales Below is our weekly pending contract data year-over-year to show real-time demand.

Mortgage 481

Mortgage Inventory New Listings Contracts 481

Housing Wire

MAY 1, 2024

Zillow executives also discussed its newly launched “ Touring Contract ,” noting that prospective homebuyers would not be required by Zillow to sign its touring contract in order book a home tour.

Real Estate 466

Real Estate Agents Contracts Real Estate Agent 466

Housing Wire

NOVEMBER 16, 2023

From working as a high-profile real estate agent and founding my company The Agency to writing my book “The Dealmaker” and having my own show “Buying Beverly Hills” — as well as having my personal life in the headlines — I’ve had the unique experience of embracing life’s great stage. The discomfort zone is the growth zone.

Real Estate 435

Real Estate Brokerage Real Estate Agent Agents 435

Housing Wire

AUGUST 31, 2023

According to the filing, after the franchisees signed a contract, the defendants then required franchisees to adopt KWRI’s present market cap, which is the fee agents pay their market centers. In addition, Davis claims that franchisees were required to purchase Keller’s books.

Contracts 435

Contracts Business Brokerage Training 435

Housing Wire

MARCH 10, 2023

While equity gains contracted in late 2022 due to home price declines in some regions, U.S. Looking ahead, based on the Q4 2022 book of mortgages, if home prices fall by 5%, 215,000 more properties would fall underwater. million homes or roughly 2.2% of all mortgage properties in the fourth quarter of 2022.

Contracts 370

Contracts Housing Market Mortgage Marketing 370

Housing Wire

SEPTEMBER 22, 2022

From NAR Research : “Total existing-home sales notched a minor contraction of 0.4% A traditional primary resident seller is also a buyer, which means if they don’t list, they’re not just taking a potential home to be bought off the table — they’re taking a future sale off the books as well. million in August.” million to 1.28

Inventory 482

Inventory Housing Market New Listings Mortgage 482

Housing Wire

JUNE 9, 2021

“You will now have the choice of either channel or may contract for both options.”. Texas Capital Bank is selling its entire $14 billion book of mortgage servicing rights and the correspondent platform to PHH Mortgage , a subsidiary of Ocwen Financial Corp , for a “modest profit.”

Lending 370

Lending Retail Business Contracts 370

Housing Wire

AUGUST 3, 2023

“As of quarter end, 99% of the homes we made offers on between March and June of last year were sold or under resale contract and our new book of inventory is generating positive unit economics in what continues to be an uncertain time in the U.S. housing market,” Wheeler said.

Inventory 370

Inventory Contracts Sellers Housing Market 370

Housing Wire

MAY 10, 2022

. “In the second quarter, we’ve taken significant cost reduction measures that included implementing a voluntary career transition program to certain team members; reducing our production costs including renegotiating large vendor contracts; and shifting our marketing spending,” Farner said. Rocket has 2.6

Contracts 418

Contracts Mortgage Clients Investing 418

Housing Wire

NOVEMBER 2, 2022

Until that happens, Rithm’s goal will be to “protect our balance sheet, maintain book value, maintain higher levels of liquidity and reduce expenses in our operating business lines while we drive consistent earnings and dividends for our shareholders,” Nierenberg said. .

Investing 418

Investing Real Estate Business Contracts 418

Housing Wire

OCTOBER 17, 2022

Bank of America delivered increases in revenues and net income in the third quarter of 2022, showing that some of its business lines were not walloped by high levels of inflation and economic contraction. Bank of America had $229 billion in outstanding residential mortgages on its books through Sept. Overall, the bank recorded $7.1

Mortgage 418

Mortgage Contracts Business 418

Housing Wire

DECEMBER 21, 2021

Retail people don’t get laid off as much because they own their book of business. However, when every mortgage lending forecaster, economist and expert analyst is predicting less volume and margin contraction, leaders must react,” he said.

Loan Officers 468

Loan Officers Retail Business Mortgage 468

Housing Wire

APRIL 30, 2021

“A lot of people list their home as ‘Coming Soon’ on Monday, go live on Friday, consider all their offers Sunday, and the house is under contract by Sunday evening,” Diaz said. “And in that timeframe they’ll get 12 to 15 offers, at least.” “COVID just accelerated everything.”

Housing Market 543

Housing Market Marketing Real Estate Real Estate Agent 543

Housing Wire

JULY 31, 2024

” The comments come after rival Mr. Cooper Group acquired a third-party origination platform and $356 billion in MSRs, advances and subservicing contracts from Flagstar Bank , with its servicing portfolio set to exceed $1.5 In its earnings, the company mentioned a book value of $2.7 The company announced a $213.2

Business 443

Business Mortgage Retail Investing 443

Housing Wire

MAY 3, 2022

According to Michael Nierenberg, CEO of New Residential, the company generated a 5% return to shareholders and grew its book value by 10% in the first quarter. The segment’s pre-tax income dropped 68.5% quarter-over-quarter to $55.9 But there are some reasons to be optimistic about NRIC’s future performance.

Retail 370

Retail Investing Real Estate Mortgage 370

Housing Wire

AUGUST 31, 2022

So much has evolved in the real estate process – agents and brokers no longer flip through the pages of MLS books, thumb through a Rolodex or fill out carbon copy contracts with their clients.

Agents 370

Agents Real Estate Technology Clients 370

Housing Wire

APRIL 13, 2021

That’s especially important during the pandemic, when it’s more likely that buyers and their agents are required to book individual appointments to tour homes, she said. “And listing on a Sunday or Monday means buyers may lose interest before the following weekend,” Fairweather said.

Sellers 435

Sellers Real Estate Real Estate Agent Buyers 435

Housing Wire

DECEMBER 26, 2023

And the school’s practice tests, contract workshops, and other tools are designed to ensure confidence as you begin your career. Topics include basic real estate practices & principles, real estate law, financing, brokerage, contracts, closings + more Required 30 hrs of post-licensing coursework. Includes The Adventure Guide book.

Real Estate 448

Real Estate Real Estate Agent Design Law 448

Inman

JUNE 12, 2024

The conservative talk show host put the property on the market in May, and it went under contract within one week after receiving four offers. A fan reportedly purchased the home, as well as its furniture and books from the library.

Contracts 171

Contracts Marketing 171

Cleveland Appraisal Blog

SEPTEMBER 30, 2022

A flipbook is a book with a series of pictures that change slightly with the turn of each page. When flipping thru one of these books, the viewer’s mind fills in the gaps between pictures so that an animated story and picture develops. According to Wikipedia , the oldest documented flip book appeared on March 18th, 1868.

Appraisal 341

Appraisal Market Value Development Clients 341

Housing Wire

APRIL 15, 2021

Brian Hommel, owner of Saugerties-based Brian Hommel Home Improvement , said his company is booked until September 2022 — and most clients are fine taking the appointments that late. “Honestly, everyone out here should be booked up for at least six to eight weeks with how much demand there is.”

Housing Market 418

Housing Market Marketing Transportation Realty 418

Housing Wire

SEPTEMBER 1, 2024

2023: 36% 2022: 39% Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. We also have manufacturing data, bond auctions and the Fed’s beige book this week. Here are the price-cut percentages for last week over the previous few years: 2024: 39.3%

Inventory 538

Inventory Mortgage New Listings Housing Market 538

Housing Wire

SEPTEMBER 7, 2024

I was off by roughly 5,000, but still, 2024 is a positive year in my book for new listings. 2023: 36% 2022: 40% Weekly pending sales Below is the Altos Research weekly pending contract data to show real-time demand. I didn’t get my minimum estimate for peak weekly new listings during the annual seasonal peak of 80,000.

Mortgage 533

Mortgage Inventory New Listings Marketing 533

Housing Wire

FEBRUARY 9, 2024

Best features: Appointment booking plugins Pre-built, elegant design templates Starting price: $16/month Visit Squarespace 7 best website builders for real estate agents, brokers and brokerages SEO tools There’s no reason to build a beautiful real estate website if nobody can find your page. The more networks you have, the better.

Real Estate 476

Real Estate Tools Marketing Real Estate Agent 476

Housing Wire

JULY 27, 2024

Here are the price-cut percentages for last week over the previous few years: 2024: 39% 2023: 34% 2022: 36% Pending sales Below is the Altos Research weekly pending contract data year-over-year to show real-time demand. With more sellers who are buyers, we have a tad more demand this year. Imagine if both fell together!

New Listings 518

New Listings Inventory Mortgage Sellers 518

Housing Wire

AUGUST 23, 2024

Kleimann: Will there be scenarios where a buyer signed the BBA (buyer broker agreement) and is under contract but says, ‘Look, I can’t pay you 2% commission on this. If an agent has a signed contract, similar to a lawyer who is representing a client, that agent could attempt to enforce that contract.

Real Estate 432

Real Estate Agents Real Estate Agent Buyers 432

Housing Wire

FEBRUARY 15, 2024

The biggest thing in my area still seems to be the folks with existing mortgages that are finding a way to get that mortgage out of their hair and get that monthly payment off the books.” I’m trying to reach out to home care providers and even contractors too,” he said.

Mortgage 435

Mortgage Clients Business Law 435