Housing Wire

NOVEMBER 30, 2020

However, borrowers are still maintaining a strong pace, as contract signings are up 20.2% According to Yun, median home prices are rising “ much too fast ” and that transforming raw land into developable lots and new supply are clearly needed to help tame the home-price growth. pending home sales fell 1.1% compared to a year ago.

Inventory 535

Inventory Realtors Contracts Development 535

Housing Wire

DECEMBER 11, 2024

Weekly pending contracts Now that we see how sales can grow with mortgage demand and purchase applications, let’s look at how it tracks into our weekly pending contract data. We have observed that pending contracts improved when mortgage rates dropped to around 6%.

Contracts 455

Contracts Housing Market Inventory Mortgage 455

Housing Wire

JUNE 6, 2024

Department of Housing and Urban Development (HUD)’s Home Equity Conversion Mortgage (HECM) servicing contract and is a HECM subservicer for several major lenders. Celink assumed control of the HECM servicing contract with HUD in late 2022. It also added Altisource to help manage its HECM portfolio.

Mortgage 447

Mortgage Contracts Investors Investing 447

Housing Wire

JANUARY 13, 2023

Our upcoming State of the Residential Construction Industry (SORCI) Report will reflect how builders have braced for impact: Despite the rate of new contracts slowing, margins didn’t decrease. of builders showed profitability with $1 million plus contracts on average. Homebuilding Contract Values.

Marketing 493

Marketing Contracts Supply Chain Project Management 493

Housing Wire

JULY 22, 2024

VestaPlus , a software development firm known for its MLS solutions geared to real estate agents, has entered into a strategic partnership with California -based San Diego MLS. VestaPlus has a solid reputation for excellent software development and service,” Saul Klein, the CEO of SDMLS, said in a statement. “By

Technology 448

Technology Real Estate Agent Realtors Contracts 448

Inman

NOVEMBER 19, 2024

Penthouses asking $45 million and $39 million topped Manhattan luxury contracts during the week ending Nov. A total of 37 contracts were signed on properties priced $4 million and up. 17, according to Olshan Realty's weekly luxury report.

Contracts 158

Contracts Realty Development Marketing 158

Housing Wire

AUGUST 2, 2024

The BIG Agent is a consumer-agent-broker collaboration portal, which enables users to access buyer agency agreements, e-signature contracts, disclaimers, offer management and compensation disclosures. The BIG Agent was developed to address complex issues arising from recent industry changes.

Technology 446

Technology Agents Mortgage Open Houses 446

Housing Wire

MAY 15, 2024

The plan makes four key recommendations, one of which is the development of a new liquidity facility for Ginnie Mae issuers that would “facilitate servicer advances/pool buyouts,” the plan explained. Finally, flexibilities afforded to other federal agencies should be extended to Ginnie Mae to enable quicker hiring and contract procurement.

Modernization 453

Modernization Government Contracts Insurance 453

Housing Wire

APRIL 30, 2024

On Tuesday, Zillow announced that it will be offering a nonexclusive contract for buyers and agents to use for home tours ahead of the rule changes being implemented in July. The trade group recently clarified that these agreements must be signed prior to the agent taking a buyer on a home tour.

Buyers 521

Buyers Agents Clients Realtors 521

Housing Wire

SEPTEMBER 6, 2023

Department of Housing and Urban Development (HUD)-approved counselors can use fee for pre-purchase counseling and homeownership education services. The change was confirmed through a LinkedIn post by HUD Deputy Assistant Secretary for Housing Counseling David Berenbaum. “The

Mortgage 448

Mortgage Contracts Real Estate Development 448

Housing Wire

JUNE 18, 2024

Department of Housing and Urban Development (HUD). NOVAD, which held the HUD HECM servicing contract for assigned loans from 2014 to 2022 , worked with Sutherland to form the HECM loan servicing operation on behalf of HUD. Celink was awarded the HECM servicing contract in 2022.

Contracts 448

Contracts Property Taxes Government Mortgage 448

Housing Wire

AUGUST 2, 2024

Gromowski, the company’s head of data science, and Singh, the vice president of GenAI property insights, discussed the importance of data in the development of artificial intelligence and offered advice for companies that wish to integrate AI into their business processes. Risk factors.

Real Estate 468

Real Estate Clients Tools Real Estate Agent 468

Housing Wire

JANUARY 17, 2024

He left for Freddie Mac in 1995, where he was senior vice president of single family lending and led product development, credit risk and contract negotiations for all single family businesses. Stevens oversaw FHA programs for single and multifamily housing for two years.

Finance 493

Finance Loan Officers Real Estate Development 493

Housing Wire

MAY 30, 2024

The past few months have seen incredible momentum developing in the HEI asset class,” Eddie Lim, co-founder and CEO of Point, said in a statement. In November 2023, Redwood Trust partnered with Point to close on a $139 million bond secured by 1,577 home equity investment contracts. were co-managers on the transaction.

Investing 447

Investing Investors Contracts Insurance 447

Housing Wire

FEBRUARY 24, 2023

Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. January marked a surge of people signing contracts to buy new homes. This marks the second consecutive month of increases and the strongest sales pace since March 2022. On a year-over-year basis, however, new home sales are still down 19.4%.

Construction 459

Construction Contracts Buyers Development 459

Housing Wire

OCTOBER 30, 2024

These actions include a Wells Fargo suit filed in Minnesota, where the bank sought more than $430,000 over an alleged breach of contract. But LoanSnap has been the target of several lawsuits in the past year.

Landlords 448

Landlords Loan Officers Lending Contracts 448

Housing Wire

JUNE 12, 2024

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG), and other concerns about the public disclosure of information the company wishes to keep confidential. This is the latest development in the lawsuit between TCB and Ginnie Mae, which was originally brought by the bank in October 2023 in the U.S.

Government 432

Government Law Contracts Development 432

Housing Wire

SEPTEMBER 23, 2022

A former assistant inspector general for the Department of Housing and Urban Development (HUD) has been convicted by a federal jury of concealing efforts to direct tens of millions of dollars in government business to a friend and government contractor to whom he owed money.

Government 418

Government Contracts Development Technology 418

Housing Wire

JULY 28, 2021

Department of Housing and Urban Development and the U.S. Sales continued to trend lower in June as some builders slow sales contracts to manage supply-chains, amidst longer delivery times and higher construction costs,” said NAHB Chairman Chuck Fowke. “We Census Bureau. Despite the recent cooling trend, new home sales are up 13.5%

Supply Chain 418

Supply Chain Training Construction Development 418

Housing Wire

OCTOBER 10, 2022

Toll, who co-founded the large nationwide development firm alongside brother Bruce in 1967, was 81 and had Parkinson’s disease. “You stop development, stop buying product, stop buying ground and just bring in money from houses you put out there and already contracted. . “By far the worst.

Law 418

Law Contracts Development Real Estate 418

Housing Wire

AUGUST 6, 2024

“Ginnie Mae held the title to the assets underlying the agreement, TCB’s rights under the contract ultimately derived from Ginnie Mae, TCB’s rights under the contract were subject to Ginnie Mae’s rights, and TCB avers that ‘Ginnie Mae was heavily involved with’ negotiating the contract,” the filing reads.

Government 459

Government Mortgage Contracts Legal 459

Housing Wire

AUGUST 7, 2020

Ubitquity , developer of a blockchain-secured platform for real estate and title recordkeeping, has announced a new partnership with Rainier Title. The company’s smart contract module, a blockchain-based smart escrow contracts product named SmartEscrow , aims to reduce overhead costs and mitigate risks. Stay tuned for updates.

Technology 493

Technology Contracts Real Estate Insurance 493

Housing Wire

OCTOBER 22, 2020

If rates rise modestly, as MBA suggests, we will be left with rates still near historic lows, a boon for homebuyers but still a contraction in refinances. Despite this contraction, 2021 is forecasted to be a larger overall year than 2019 by approximately $195bb. Second, there is no need to overreact.

Mortgage 494

Mortgage Training Contracts Loan Officers 494

Housing Wire

DECEMBER 8, 2023

Prospective Arizona real estate agents must fulfill a 90-hour prelicensing program from an Arizona Department of Real Estate (ADRE)-approved school and pass a six-hour contract writing course , for a total of 96 class hours. Course includes contracts used in real estate transactions with samples and practical contract completion exercises.

Real Estate 433

Real Estate Contracts Law Real Estate Agent 433

Housing Wire

OCTOBER 5, 2023

The home equity products involved include home equity lines of credit (HELOCs), closed-end second mortgages (CESs) and shared-equity contracts. The recent Saluda Grade-sponsored rated offering represents the sixth securitization deal since 2021 backed fully by shared-equity contracts — valued in total at some $1.3

Housing Market 448

Housing Market Marketing Contracts Finance 448

Housing Wire

FEBRUARY 6, 2024

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG), the New York City Department of Investigations (DOI), the U.S. The defendants allegedly demanded between 10% and 20% of the contract value, with amounts ranging from $500 to $2,000 depending on the size of the contract.

Contracts 448

Contracts Law Development Business 448

Housing Wire

SEPTEMBER 11, 2024

In an email to partners on Tuesday, ICE said that it will be closing down the Encompass SDK (Software Development Kit) on the same day it sunsets the program’s Technology Partner Network, Total Quality Loan Services, PSDK and ePass. “They can get their vendors on record — there’s contracts here. ” he said.

Mortgage 459

Mortgage Modernization Technology Development 459

Housing Wire

JUNE 3, 2024

Several startups are looking to capitalize on the passage of SB 9, including BuildCasa, a venture-backed firm that pays homeowners up to $400,000 for their excess lot space, handles all applications and other permits, and then sells the plot to a developer who can build on it.

Law 482

Law Architecture Contracts Housing Market 482

Housing Wire

DECEMBER 23, 2022

Census Bureau and the Department of Housing and Urban Development (HUD) on Friday. New home sales data last month was much stronger than had been anticipated; the market had expected a contraction of 4.7% Since July, about 10,000 contracts have been canceled each month, according to data from John Burns Consulting. in November.

Contracts 397

Contracts Inventory Housing Market Mortgage 397

Housing Wire

MAY 28, 2024

When announcing the rebranding initiative at the beginning of April, company leaders said they arrived at the new name after what they called “a rigorous research and brand strategy development analysis.” Within the name Onity is the phrase ‘on it,’ which conveys action and the promise of dependability, performance and support.”

Contracts 448

Contracts Mortgage Design Business 448

Housing Wire

SEPTEMBER 27, 2023

According to Paasonen, when the housing market is contracting, Maxwell is doubling down on its origination infrastructure to become a “one-stop shop for lenders.” Saportas said Revvin developed a configurable workflow management powered by modular components – the propetch offers a no code/low code digital mortgage platform to lenders. “As

Lending 468

Lending Technology Loan Officers Clients 468

Housing Wire

APRIL 22, 2024

Lickstein helped craft an AI-powered tool designed to educate brokers and is currently developing a compliance framework. Tager focused more on the marketing implications, how his company has used generative AI to create marketing initiatives and shared thoughts on what the development of the technology could mean for the space overall. “We

Real Estate 466

Real Estate Tools Brokerage Technology 466

Housing Wire

SEPTEMBER 26, 2023

Fewer new sellers also means that inventory can’t grow too much; the real trouble develops when demand drops and supply surges. The home sales that are in contract now will close mostly in October. There are now 344,000 single-family homes in contract to close in the next couple months. What’s happening with inventory?

Inventory 505

Inventory Contracts New Listings Mortgage 505

Appraisal Buzz

FEBRUARY 24, 2025

In this monograph, we discuss the absolute necessity of developing more than one skill set as part of becoming a competent and professional real estate appraiser. This means continually learning and developing new skills to stay ahead of the curve. Another way to develop new skills is to seek out opportunities to learn from mentors.

Real Estate 335

Real Estate Development Appraisal Legal 335

Housing Wire

MARCH 21, 2024

By contract, the country’s top 50 lenders as a whole saw volumes fall by more than 50% during the same period. He will focus on product development and building the company’s retail lending network. Bolstered by its 2022 acquisition of Homepoint ’s delegated correspondent channel, Planet originated $13.9

Lending 445

Lending Retail Contracts Construction 445

Housing Wire

FEBRUARY 21, 2024

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG), the New York City Department of Investigations (DOI), the U.S. For instance, the scheme [at the center of the investigation] involves superintendents who had autonomy over what I’m going to call “micro purchase,” or smaller contracts.

Law 448

Law Contracts Design Tenants 448

Housing Wire

MARCH 23, 2021

Census Bureau and the Department of Housing and Urban Development. A new home sale occurs when a sales contract is signed or a deposit is accepted. After a near decade high in January, new home sales for single-family houses plummeted 18.2% However, continued demand by homebuyers did manage to push new home sales 8.2% in the South.

Construction 532

Construction Buyers Development Contracts 532