Housing Wire

SEPTEMBER 13, 2024

The Federal Housing Administration (FHA) this week published a newly proposed Mortgagee Letter on its Single Family Drafting Table , which would align mortgage borrowers and originators in their understanding of how much is owed on a partial claim. Partial claims are designed to offer assistance to mortgage borrowers who have fallen behind on their monthly payments, allowing them to become current without impacting the terms of their original loan.

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Insurance Design Agents Mortgage 459

Appraisal Buzz

SEPTEMBER 13, 2024

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.

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Mortgage Government Lending Construction 414

Housing Wire

SEPTEMBER 13, 2024

At the end of August, the District of Columbia Housing Finance Agency (DCHFA) announced that it had relaunched its Reverse Mortgage Insurance & Tax Payment Program (ReMIT), which originally began in 2019 and expanded in 2020 before being halted at the end of 2021. Tikisha Wilson, director of single-family programs at DCHFA, sat down with HousingWire ’s Reverse Mortgage Daily (RMD) to offer details about the program’s revival, what made it possible and the kind of assistance it seeks to provi

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Mortgage Legal HOA Property Taxes 459

Appraisal Buzz

SEPTEMBER 13, 2024

As we near the fourth quarter of 2024, the traditional peak of the home-buying season has passed, and the real estate market is entering a period of transition. Home prices, which typically reach their highest point around the end of June, have remained stable thus far. However, a dip is anticipated as we move deeper into the second half of the year.

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Inventory Real Estate Marketing New Listings 397

Housing Wire

SEPTEMBER 13, 2024

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.

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Agents Real Estate Real Estate Agent Sellers 448

Appraisal Buzz

SEPTEMBER 13, 2024

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.

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Legal Lending Property Taxes Law 390

Appraisal Buzz

SEPTEMBER 13, 2024

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.

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Home Value Mortgage Insurance Appraisal 382

Housing Wire

SEPTEMBER 13, 2024

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.

Real Estate 443

Real Estate Buyers Sellers Marketing 443

Appraisal Buzz

SEPTEMBER 13, 2024

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.

Housing Market 365

Housing Market Construction Government Marketing 365

Housing Wire

SEPTEMBER 13, 2024

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.

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Marketing Real Estate Realtors Clients 435

Real Estate News

SEPTEMBER 13, 2024

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.

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Renovations Agents Marketing 279

Housing Wire

SEPTEMBER 13, 2024

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 434

Mortgage Loan Officers Technology Insurance 434

Real Estate News

SEPTEMBER 13, 2024

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?

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Housing Wire

SEPTEMBER 13, 2024

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.

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Realtors Real Estate Landlords Tenants 427

Real Estate News

SEPTEMBER 13, 2024

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.

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Buyers Sellers 264

Housing Wire

SEPTEMBER 13, 2024

Ryan Serhant and his brokerage SERHANT. are riding a sugar high thanks to the success of “Owning Manhattan,” the Netflix show that followed Serhant and his agents around New York as they shopped some of the priciest properties in the city. The show has been renewed for a second season and Serhant says it will begin filming in a few weeks. HousingWire real estate reporter Jeff Andrews sat down with Serhant to talk about the show, how it changed his life and the brokerage, and what he sees coming

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Brokerage Real Estate Agent Agents Real Estate 420

Real Estate News

SEPTEMBER 13, 2024

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

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Tools 253

Housing Wire

SEPTEMBER 13, 2024

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 353

Appraisal Modernization Government Valuation 353

Appraisal Buzz

SEPTEMBER 13, 2024

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.

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Renovations Development Clients Construction 221

Inman

SEPTEMBER 13, 2024

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 200

Investors Mortgage Marketing 200

Appraisal Buzz

SEPTEMBER 13, 2024

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

Marketing Insurance Mortgage Appraisal 195

Inman

SEPTEMBER 13, 2024

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 195

Mortgage Tools Buyers 195

Appraisal Buzz

SEPTEMBER 13, 2024

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.

Real Estate 195

Real Estate Clients Insurance Technology 195

Inman

SEPTEMBER 13, 2024

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.

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Agents Real Estate 193

Eyes on Housing

SEPTEMBER 13, 2024

Shares of new single-family homes built with private wells and individual septic systems decreased in 2023, compared with the previous year. NAHB tabulation of data from the Survey of Construction (SOC) indicates approximately 9% of new single-family homes started in 2023 were served by individual wells and 17% had private septic systems. There are large.

Construction 158

Construction 158

Inman

SEPTEMBER 13, 2024

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 186

Mortgage Marketing 186

BiggerPockets

SEPTEMBER 13, 2024

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

Real Estate 90

Real Estate Investing Buyers Marketing 90

Inman

SEPTEMBER 13, 2024

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.

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Development Marketing Housing Market 185

Mortgagebroker News

SEPTEMBER 13, 2024

Banks under pressure to refund stolen funds as scam cases increase

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Inman

SEPTEMBER 13, 2024

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

Bracketing 183

Bracketing Real Estate Agent Agents Real Estate 183

BiggerPockets

SEPTEMBER 13, 2024

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

Real Estate 86

Real Estate Investors Investing Renovations 86

Inman

SEPTEMBER 13, 2024

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.

Real Estate 180

Real Estate Marketing 180

Mortgagebroker News

SEPTEMBER 13, 2024

Rising borrowing costs push interest payments to nearly 10% of disposable income

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Inman

SEPTEMBER 13, 2024

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

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