Fri.Sep 13, 2024

article thumbnail

Realtor.com hires seasoned marketing pro Christine Jacobson as SVP

Housing Wire

Realtor.com has hired an experienced entrepreneur for its marketing team, as Christine Jacobson has joined the company as senior vice president of B2B marketing. “We’re thrilled to welcome Christine to the Realtor.com team,” Mickey Neuberger , the company’s chief marketing officer, said in a statement to HousingWire. “She brings extensive agent/broker empathy and connection to the industry, given her 20-plus years experience being a Realtor herself.

Marketing 417
article thumbnail

Incenter Adds New Chief Legal Counsel

Appraisal Buzz

Incenter Lender Services Chief Legal Counsel Kathleen Dutill Kathleen Dutill , an experienced mortgage industry attorney, has joined Incenter Lender Services as Chief Legal Counsel. Dutill, who was previously Associate Counsel with Cenlar FSB and managed litigation at Ocwen Financial Corporation and GMAC Mortgage, will advise Incenter and its member firms on legal and compliance issues.

Legal 390
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mortgage software firm LenderLogix hires sales expert Ben Head

Housing Wire

Buffalo, New York-based mortgage technology firm LenderLogix , a top provider of point-of-sale (POS) and automation software for independent mortgage banks , commercial banks and third-party brokers, announced Thursday that Ben Head will join the company as an account executive. Head will be responsible for expanding the firm’s market share as he moves over from Enact Mortgage Insurance , where he served for 12 years as a strategic accounts representative.

Mortgage 417
article thumbnail

The Week Ahead: Navigating the Affordability Challenges of Middle-Income Renters

Appraisal Buzz

On Friday, September 20, the Harvard Joint Center for Housing Studies will present a virtual session, “ Helping Middle-Income Renters: Trade-offs and Costs ,” at 11:15 a.m. Central Time. The Harvard Joint Center for Housing Studies strives to improve equitable access to decent, affordable homes in thriving communities. The Center conducts research to advance policy and practice, and brings together diverse stakeholders to spark new ideas for addressing the nation’s housing challenges.

article thumbnail

Virginia Realtors CEO Terrie Suit is retiring

Housing Wire

Terrie Suit, who served as CEO of Virginia Realtors for the past 11 years, has announced her retirement, according to a company announcement on Friday. Virginia Realtors, which has a membership base of 38,000, named Martin K. Johnson as its interim CEO. Johnson has previously served as its senior vice president of advocacy, chief lobbyist and chief external affairs officer.

Realtors 417
article thumbnail

Mortgage Credit Availability Jumps Again in August

Appraisal Buzz

The latest Mortgage Credit Availability Index (MCAI) released by the Mortgage Banker’s Association (MBA) indicated that there was an increase in mortgage credit availability in August. In August, the MCAI increased by 0.9% to 99.0. While increases in the index point to looser credit, a decrease in the MCAI suggests tighter lending requirements. In March 2012, the index was benchmarked at 100.

Mortgage 358

More Trending

article thumbnail

Nationwide Homeowner Equity Shows Modest Gains in Q2  

Appraisal Buzz

The Homeowner Equity Report (HER) for the second quarter of 2024 has been made available by CoreLogic. According to the report, since Q2 of 2023, home equity for U.S. homeowners with mortgages—who own roughly 62% of all properties—has increased by 8.0% annually. This represents a cumulative gain of $1.3 trillion and an average increase of $25,000 per borrower.

article thumbnail

Rocket Pro TPO raises conforming loan limit to $802,650 ahead of FHFA’s decision

Housing Wire

Rocket Pro TPO , the wholesale arm of Rocket Mortgage , upped its agency conforming loan limits to $802,650 in 48 states, ahead of an announcement by the Federal Housing Finance Agency (FHFA) that is expected in November. For Alaska and Hawaii, the ceiling on loans originated by Rocket Pro TPO and purchased by Fannie Mae and Freddie Mac rose to $1,204,000.

article thumbnail

AFR Announces Key Leadership Appointments

Appraisal Buzz

Residential mortgage lender American Financial Resources (AFR) has announced a series of key leadership appointments, including the addition of Bobbi MacPherson as the new Head of Operations, Shaun Hamman has as SVP of Strategic Accounts, and the promotion of Kayla Lopez to Head of People. AFR Head of Operations Bobbi MacPherson With a diverse background in credit policy, operations, and technology development, MacPherson will provide an immediate impact as AFR’s new Head of Operations.

article thumbnail

Appraisal Institute CEO fired following “secret” board meeting

Housing Wire

Cindy Chance, the CEO of the Appraisal Institute , was terminated during what she described as a “secret board meeting” on Thursday night that she was excluded from. The Appraisal Institute now faces a backlash from members who support Chance , a veteran nonprofit leader who joined roughly a year ago and pledged to make governance reforms and support the work of on-the-ground appraisers.

Appraisal 339
article thumbnail

U.S. Homeowners Continued to See Strong Equity Gains in Q2 But Not in Every Market 

Appraisal Buzz

U.S. homeowners with mortgages – which account for roughly 62% of all properties – saw home equity increase by 8% year over year in the second quarter, representing a collective gain of $1.3 trillion and an average increase of $25,000 per borrower since the second quarter of 2023, according to CoreLogic. Total U.S. homeowner equity increased to more than $17.6 trillion.

Marketing 195
article thumbnail

The real estate agent’s theory for handling objections with relative ease

Housing Wire

We are all faced with objections, but what sets you apart from your competition is how you handle those objections. Here are my proven strategies on how to anticipate and understand objections, turning them into opportunities to strengthen your negotiating position. People get stuck They reach out to you because they have an interest in buying or selling real estate , but then they get stuck because it’s a big scary process.

article thumbnail

Title Clearing & Escrow Announces Two New Hires

Appraisal Buzz

Zach Hines has joined Title Clearing & Escrow , a provider of title insurance and escrow settlement services for the real estate industry, as senior vice president of business development. In addition, Cara Ogrodowski has joined the company as client relations manager. Hines has more than 20 years of experience in the title industry and has a proven track record of consistently outperforming sales goals and objectives.

article thumbnail

Curbio to pay $7.5 million to settle lawsuit

Real Estate News

The pre-sale renovation company, which got early support from NAR, also will change its marketing and be more transparent about its deals with agents.

article thumbnail

Investors’ expectations for big Fed rate cut rise on new data releases

Inman

Investors who fund most mortgages have already priced in several rate cuts, so further declines could depend on what next week's "dot plot" says about expectations for the pace of future cuts.

Investors 186
article thumbnail

Exclusive listings on the MLS? Here’s how Bright is doing it

Real Estate News

The nation’s second-largest multiple listing service has been making it easier to enter the data (and keep it private). Is this the wave of the future?

222
222
article thumbnail

Meet Emmy-nominated reality TV star and agent Mercedes Javid

Inman

The Emmys were Sunday night, and "The Traitors" was nominated. Get to know cast member, former star of Bravo’s "Shahs of Sunset" and 20-year real estate veteran Mercedes "MJ" Javid.

Agents 163
article thumbnail

‘Unfiltered’: ‘Smashing the system’ won’t benefit buyers

Real Estate News

Watch the conversation with Gary Acosta, CEO of NAHREP, as he offers a candid view of the NAR settlement, which he says gives sellers power — but at great cost.

Buyers 203
article thumbnail

Rocket is first mortgage lender to raise its conforming loan limits

Inman

Rocket will treat loans of up to $802,650 as conforming ahead of expected increase. Last year UWM and Guaranteed Rate also got a jump on the official announcement.

Mortgage 159
article thumbnail

Tech Bytes: News from Restb.ai, @properties, MetroList and Lundy

Real Estate News

Expansion connects Restb.ai’s vision tools to nearly three-quarters of a million MLS members; productivity-focused Pipeline added to @properties “pl@tform.

Tools 168
article thumbnail

Second-home mortgages decline amid economic uncertainty

Inman

U.S. homeowners are showing less interest in taking on second-home mortgages, as elevated prices and economic jitters make these properties less appealing, Redfin reported on Thursday.

Mortgage 149
article thumbnail

Use Case Spotlight: Field Service Inspection Forms

GoForrmz

Streamline field service operations with digital inspection forms Inspection forms are a critical tool in the field service industry, serving as the backbone for maintaining high standards of quality, safety, and compliance. These forms help field technicians systematically document their observations, ensure consistency in data collection, and provide a clear record of completed tasks.

article thumbnail

Brad Stein on the rise, fall and lasting appeal of the Austin market

Inman

An influx of high-earning workers and new multifamily units has put Austin developers in a unique position, the Intracorp Homes executive said ahead of Inman Connect Austin.

article thumbnail

Data Shows That Americans Increasingly Want to Live in Affordable Suburbs

BiggerPockets

If you’re wondering which real estate markets make for the best investments going into 2025, the suburbs are where the action is.

article thumbnail

Hot topics: New tech, remote work, evolving luxury markets, and more

Inman

Join Inman in Austin for a distinguished gathering of 400 real estate pros to forge meaningful connections in a collaborative environment, and get answers to the most common questions real estate experts are being asked right now.

article thumbnail

Why are many borrowers still opting against variable rates?

Mortgagebroker News

The Bank of Canada's rate cuts to date have failed to spur a surge back in favour of variable options

85
article thumbnail

Bethenny Frankel asks $5.995M for Bridgehampton home

Inman

After upgrading to a larger home in Southampton last year, the "RHONY" alum is selling the Bridgehampton property that she has owned since 2013.

137
137
article thumbnail

Canada ranks as one of the world's most transparent real estate markets

Mortgagebroker News

Global report puts Canada in top 5 for fair and open homebuying processes

article thumbnail

Clear Cooperation, winning offers, transparency truth: Inman Top 5

Inman

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

Brokerage 130
article thumbnail

How agents can thrive in a recession: 7 tips from a KW mega broker

Housing Wire

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. At the recent Keller Williams Mega Agent Camp , the shaky economy was a common topic of conversation. Most people used hushed tones and euphemisms to describe the “softening market” or “economic uncertainty”, but Gary Keller didn’t mince words: a recession is not only possible, but likely.

Agents 430
article thumbnail

Inman Power Wheels: Elite 8 best agent autos go head-to-head

Inman

Inman's Power Wheels bracket contest rolls on with the top eight best ride options for real estate agents on the move.

article thumbnail

Canadian bank customers call for better fraud prevention

Mortgagebroker News

Banks under pressure to refund stolen funds as scam cases increase

87
article thumbnail

@properties adds business planning tool to tech suite

Inman

The in-house developed "Pipeline" automatically pulls client and property information from pl@tform to help agents track progress of current and prospective deals in real time and compare that progress with their personal goals.

Tools 105
article thumbnail

6 Guiding Principles Real Estate Investors Should Use to Avoid Investment Fraud

BiggerPockets

One of the biggest real estate investment fraud schemes in recent history has been exposed.