Housing Wire
DECEMBER 14, 2023
The holidays have come early for the mortgage industry. Mortgage rates fell below the 7% threshold this week as markets prepared for Federal Reserve Chairman Jerome Powell’s announcement on Wednesday. The 30-year, fixed mortgage rate averaged 6.95% for the week ending Dec. 14, according to Freddie Mac ‘s Primary Mortgage Market Survey. That’s down from last week’s 7.03% and up from 6.31% the same week a year ago.
Real Estate News
DECEMBER 14, 2023
Laura Ellis, Baird & Warner’s strategy leader, believes changes spurred by Sitzer/Burnett will be “good for the serious, competent real estate professional.
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Housing Wire
DECEMBER 14, 2023
The Federal Communications Commission (FCC) — the government regulatory body overseeing communications across a wide variety of media including radio, telephone cable and the internet — adopted a new series of rules on Wednesday designed to crack down on controversial lead generation methods, including “robocalling” and “robo-texting.” The new rules as adopted could bring a wave of lawsuits against those using the so-called “lead gen loophole,” which includes mortgage lenders , insurers and law
Real Estate News
DECEMBER 14, 2023
The seventh straight week of mortgage interest declines has led to more holiday season homebuying activity.
Housing Wire
DECEMBER 14, 2023
Texas-based lender Thrive Mortgage plans to merge with digital multichannel rival Lower , which will create a unified lender with more than 650 loan officers and 120 active branches across the country. Financial details of the merger, which is expected to close in the first quarter of 2024, were not disclosed. Over the last 12 months, Thrive has originated about $1.42 billion while Columbus, Ohio-based Lower has originated $1.88 billion during the same time period, according to mortgage recruiti
Inman
DECEMBER 14, 2023
Find out how this former NFL player applied his work ethic to building an award-winning, billion-dollar brokerage in just five years.
Property Appraisal Zone brings together the best content for appraisal professionals from the widest variety of industry thought leaders.
Inman
DECEMBER 14, 2023
Luxury agent and new Inman contributor Tamer Howard shares a case study that's filled with strategies for getting that struggling listing sold for top dollar.
Housing Wire
DECEMBER 14, 2023
Mortgage industry trade group Community Home Lenders of America (CHLA) is urging government agencies to begin to have conversations surrounding the impact of the jury verdict and potential court ruling in the Sitzer/Burnett commission lawsuit on lending practices. In a letter submitted Thursday to Federal Housing Finance Agency Director Sandra Thompson , Federal Housing Administration Commissioner Julia Gordon , Rural Housing Service Administrator Joaquin Altoro, and Department of Veterans Affai
Inman
DECEMBER 14, 2023
If you don't ask your buyers the right questions, writes broker associate Cara Ameer, before you travel too far down the road with them, you could end up wasting their time and yours.
Housing Wire
DECEMBER 14, 2023
The Real Estate Standards Organization is welcoming many new and returning board of director members in 2024. The organization announced its board of directors’ election results, as well as director and executive committee appointments in a release on Thursday. Of the nine open board of director seats, four went to MLS or Realtor association representatives and five went to members representing technology companies, developers, partners or consultants.
Inman
DECEMBER 14, 2023
Whether you're looking to appeal to buyers or sellers, Jimmy Burgess offers a range of paid, low-cost and no-cost lead generation activities that are working now.
Housing Wire
DECEMBER 14, 2023
New York State’s largest multiple listing service just got larger. OneKey MLS has acquired Mid-Hudson MLS according to an announcement on Monday, growing its membership to nearly 50,000 agents. The Poughkeepsie-based Mid-Hudson MLS is a broker-owned MLS serving over 1,400 agents in Dutchess County and the Mid-Hudson Valley area. Founded in 2018 and owned by Long Island Board of Realtors and the Hudson Gateway Association of Realtors , OneKey MLS already serves agents in New York (Manhattan), Suf
Inman
DECEMBER 14, 2023
At its heart, the company is a brokerage, but with twice the number of coders and designers than advisers, it's more of a "technology company" than Keller Williams and Compass.
Housing Wire
DECEMBER 14, 2023
In an update to its selling guide , Fannie Mae announced Wednesday that it was expanding the use of attorney opinion letters in lieu of title insurance. Previously, the only transactions ineligible for an AOL were those that involve loans secured by a unit in a condo project, co-op share loans, loans secured by a dwelling on a leasehold estate, including leasehold estates on property owned by a community land trust, loans secured by a manufactured home, HomeStyle Energy and HomeStyle Renovation
Inman
DECEMBER 14, 2023
The new suit is the second in Texas since the Sitzer | Burnett verdict, and is one of a growing number of antitrust cases challenging the way agents get paid.
Housing Wire
DECEMBER 14, 2023
We’ve all experienced that liberating feeling when you confront a serious issue with an honest and open conversation. It’s like a weight lifted off your shoulders, right? Well, those are the types of conversations many agents are looking for right now, underscoring why your words post- commission lawsuit are more important than ever. Crafting a content and communication strategy that genuinely acknowledges their insecurities can pave the way for substantial agent recruitment and business g
Inman
DECEMBER 14, 2023
The acquisition of OnTheMarket, a major portal in the U.K., comes as CoStar continues to push further and further into the residential space.
Housing Wire
DECEMBER 14, 2023
Texas-based mortgage platform Stairs Financial launched on Thursday after completing a $3.5 million funding round. With first-time buyers accounting for just 26% of all home purchases in 2022 — a 41-year low — the mortgage market place aims to help first-time homebuyers with the right program and mortgage products. “Thousands of down payment assistance and credit programs have sprung up to help first-time homebuyers overcome the challenges, but these home-buying options are hard for homebuyers t
Inman
DECEMBER 14, 2023
Learn how this Nashville team focuses on relationship-building and how it's paying dividends as they grow their impact.
Housing Wire
DECEMBER 14, 2023
Editor in Chief Sarah Wheeler sat down with Kirill Klokov, CEO at Truv , to talk about the advantages of consumer-permissioned data for data quality and security. This interview has been edited for length and clarity. Sarah Wheeler: How did you get into the verification space? Kirill Klokov: It was through experiencing how verifications can be broken myself.
Inman
DECEMBER 14, 2023
Parent company of Veritex Community Bank, which paid $54.9 million to acquire a 49 percent interest in Thrive Mortgage in 2021, expects a $25 million to $30 million loss if the deal closes.
Eyes on Housing
DECEMBER 14, 2023
The Census Bureau’s latest Survey of Construction (SOC) shows small changes in the share of number of bedrooms for new single-family homes in 2022 compared with the previous year. The current estimates indicate the share of new single-family homes with two bedrooms or less is 11.0%, three bedrooms, the largest share, had a share of 42.8%, four bedrooms make up.
Inman
DECEMBER 14, 2023
Miami saw an average of 22 renters compete for every available apartment in 2023, compared to a national average of just nine, according to a new report released earlier this week from RentCafe.
Advanced Appraisal
DECEMBER 14, 2023
Single Family home appraisals, house appraisals, 2-4 Units, Condos, Located in the Tinley Park, Mokena and Frankfort Area. We are also experts in Multi Family Apartment Buildings, Mixed Use, Small Commercial properties and Vacant land for all purposes. We offer private listing, Assessment Appeal, Bankruptcy, Divorce, Estate, Trust, partnership dispersion, Probate, and Indemnity Cases.
Inman
DECEMBER 14, 2023
Alternative brokerage model Prevu secured $6 million in a Series A round of funding to continue providing its “Carvana-like,” technology-first brokerage service.
BiggerPockets
DECEMBER 14, 2023
One real estate investing mistake cost house flipper James Dainard $380,000.
Inman
DECEMBER 14, 2023
According to broker Joseph Santini, buyer agreements are good for buyers and good for buyer agents. Find out more about these valuable tools and how to get them signed.
BiggerPockets
DECEMBER 14, 2023
Most people know that investing in real estate is one of the best ways to reach financial independence, but very few ever take action.
Inman
DECEMBER 14, 2023
Plunk President and co-founder David Bluhm said a number of issues led to the decision, which included the release of three employees to date and the possibility of more.
Mortgagebroker News
DECEMBER 14, 2023
It may be time to put the solution in front of your clients…
Inman
DECEMBER 14, 2023
Mauricio Umansky helps you build your ideal team to inform, challenge and fuel the growth of your real estate business.
Mortgagebroker News
DECEMBER 14, 2023
Mortgage brokers don't make the top three…
Inman
DECEMBER 14, 2023
An ovarian cancer diagnosis turned TriSon RoeCo Investments owner Danielle Thompson's life upside down in February. She shares her struggle to get properly diagnosed, keep her business afloat and reach remission holistically.
Mortgagebroker News
DECEMBER 14, 2023
The household debt service ratio reached a new high in the third quarter
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