Housing Wire

OCTOBER 30, 2023

loanDepot has rolled out a new down payment assistance program for Federal Housing Administration (FHA) loan borrowers that enables them to put zero money down upfront. In loanDepot’s program, dubbed AccessZERO, the down payment assistance is structured as a 10-year fully amortized repayable second mortgage. Borrowers must have a minimum credit score of 600 to qualify for the down payment assistance, which can be as much as 5% of the home purchase price or appraised value, whichever is less.

Lending 493

Lending Retail Finance Insurance 493

Real Estate News

OCTOBER 30, 2023

The lead attorney for the plaintiffs wrapped up the morning session of the Sitzer/Burnett trial with a theatrical closing argument.

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297

Housing Wire

OCTOBER 30, 2023

The Federal Housing Finance Agency (FHFA) failed to adequately document desktop appraisal reports, which clouds data on the effectiveness of the desktop appraisal program, according to a report published by the FHFA Office of the Inspector General (OIG). The OIG conducted an audit of FHFA’s oversight of Fannie Mae ’s and Freddie Mac ’s use of desktop appraisals between Oct. 18, 2021, and March 31, 2023.

Appraisal 476

Appraisal Development Finance Mortgage 476

Real Estate News

OCTOBER 30, 2023

Atlanta–area agent Amy Fuchs says people don’t always understand how their agents are compensated, and she worries commissions lawsuits could hurt buyers.

Business 268

Business Agents Buyers 268

Speaker: Timothy Allsopp

Payment challenges often lead to delayed projects, financial bottlenecks, and strained relationships. With construction projects becoming more complex, outdated processes are no longer sustainable. By refining financial workflow, companies can improve cash flow, reduce error, and foster trust between stakeholders. Discover practical strategies for redesigning payment systems to overcome workflow challenges while creating a smoother, more reliable process for contractors and subcontractors alike.

Construction

Housing Wire

OCTOBER 30, 2023

Cenlar FSB , the second-largest mortgage servicer and largest subservicer in the United States, promoted David Schneider to president of the company on Monday. Prior to his promotion at the servicing giant, Schneider served as chief financial officer of Cenlar for four months. John Mezzasalma, Cenlar’s previous senior vice president of finance, replaces Schneider as the company’s new acting chief financial officer while James Daras remains the CEO.

Project Management 468

Project Management Lending Finance Clients 468

Housing Wire

OCTOBER 30, 2023

The mortgage industry continues to evolve, especially as the market shifts. In addition to limited inventory , rising rates and affordability constraints, mortgage companies have been challenged to keep up with changing borrower habits and preferences. Today’s borrowers have different expectations compared to borrowers from even just a few years ago, and to compete, lenders need to adapt their business practices.

Tools 435

Tools Technology Realtors Mortgage 435

Inman

OCTOBER 30, 2023

Whether you're saving for something big or trying to figure out how to stay in real estate until the market turns, Erin McCormick Torres offers tips to help you develop new streams of income.

Real Estate 197

Real Estate Development Marketing Agents 197

Housing Wire

OCTOBER 30, 2023

A U.S. District Court judge in Boston has endorsed a motion to stay the Nosalek buyer broker commission case , allowing the plaintiffs to join the settlement agreements reached by Anywhere and RE/MAX in two separate multi-billion dollar commission lawsuits, Moehrl and Sitzer/Burnett. The motion was filed early last week and was endorsed by Judge Patti Saris on Thursday.

Realtors 435

Realtors Real Estate Buyers Sellers 435

Inman

OCTOBER 30, 2023

The founding real estate agents of Christie's International Real Estate San Francisco | Marin | Wine Country hail from The Payton + Binnings Team and boast $200 million in transactions annually.

Real Estate 193

Real Estate Real Estate Agent Agents Brokerage 193

Advertiser: Trellis

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

Real Estate

Eyes on Housing

OCTOBER 30, 2023

The Census Bureau’s Survey of Construction (SOC) provides valuable information on the characteristics of new homes started construction, such as air conditioning and heating system installations. Air Conditioning In 2022, 97.1 percent of new single-family homes started had a central AC system, slightly higher than 96.5 percent in 2021. The trend, going back to 2000, shows a steady rise in the share of.

Construction 156

Construction 156

Inman

OCTOBER 30, 2023

Boom's new product will allow virtually any large-scale property management platform or rent payment gateway to directly embed its payment reporting module for faster, simpler reporting of tenant payment records.

Tenants 189

Tenants Property Management Technology 189

BiggerPockets

OCTOBER 30, 2023

Earlier this month, AirDNA rolled out a game-changing feature on their platform, helping short-term rental investors even more.

Investors 93

Investors Investing Real Estate 93

Inman

OCTOBER 30, 2023

A seismic transition is underway in the preferences of global luxury consumers. “Quiet Luxury” is here — and it arrived well before the hype around Kendall Roy’s $600 cashmere baseball caps.

Real Estate 187

Real Estate 187

Mortgagebroker News

OCTOBER 30, 2023

Bank flags risks of homeowners renewing at higher rates

Mortgage 92

Mortgage 92

Inman

OCTOBER 30, 2023

What do licenses and ghost stories have in common? Every real estate agent has one. OK, maybe not all agents, but these believers do. Here are real-life ghost stories from agents in the field.

Real Estate Agent 187

Real Estate Agent Real Estate Agents 187

BiggerPockets

OCTOBER 30, 2023

You’ve likely heard of depreciation on equipment and other items in business, but did you know depreciation in real estate is possible? In fact, it’s one of the most important deductions you can take as a real estate investor, as it reduces your taxable income each year you have a property in service and available for rent.

Real Estate 92

Real Estate Investors Business 92

Inman

OCTOBER 30, 2023

Keller Williams co-founder Gary Keller provided lengthy testimony Friday as the defense wrapped up a case to be decided by a Kansas City jury later this week.

Real Estate 187

Real Estate Brokerage Agents 187

BiggerPockets

OCTOBER 30, 2023

Rent prices are moving, but how much and where? Here's what the latest data says about the market.

Marketing 91

Marketing Housing Market 91

Inman

OCTOBER 30, 2023

From clients who ghost you to security concerns and more, the ever-changing real estate industry can be a pretty scary place. Broker Cara Ameer lays out some of the things you need to watch out for now.

Clients 187

Clients Real Estate Marketing Agents 187

BiggerPockets

OCTOBER 30, 2023

The APR (annual percentage rate) on a loan is the total cost of borrowing money. Understanding APR is crucial when applying for a mortgage, personal loan, credit card, or real estate loan. The percentage amount greatly impacts the total cost of your loan. Therefore, comparing APRs is the most effective method to discover the best financing offers.

Finance 90

Finance Real Estate Mortgage 90

Inman

OCTOBER 30, 2023

Find out how Compass development expert Dan Parker brings a lifelong love of design to his work with the city's biggest developers.

Design 187

Design Development Agents 187

BiggerPockets

OCTOBER 30, 2023

McDonald's is more than just a fast food joint—It's a real estate company. Here's how WeWork failed and how McDonald's supercharged its success with property.

Real Estate 90

Real Estate Investors Investing 90

Inman

OCTOBER 30, 2023

How can forward-thinking property managers mitigate the effects of inflation? It requires informed strategies and creative thinking. Here’s our approach.

Property Management 187

Property Management Investing Investors Real Estate 187

BiggerPockets

OCTOBER 30, 2023

As a real estate investor, you should know about all your loan options. Secured and unsecured loans are the main types, and smart investors understand how to use both to their advantage. Unsecured loans can provide the money you need to buy property, but knowing the details of how they work will ensure you leverage this type of financing to benefit your investment strategy.

Investors 90

Investors Finance Real Estate Investing 90

Inman

OCTOBER 30, 2023

Fannie Mae researchers say rising mortgage rates aren't the only reason homeowners have been reluctant to sell, and rates coming back down won't necessarily produce a flood of for-sale listings.

Mortgage 187

Mortgage Inventory Marketing 187

BiggerPockets

OCTOBER 30, 2023

Without asset protection, your wealth is as good as gone.

Tenants 89

Tenants Real Estate 89

Inman

OCTOBER 30, 2023

Company puts heat on regulators to stick to 2025 timetable for requiring lenders to use VantageScore 4.0 to evaluate borrowers, saying delays could impact "creditworthy people of color.

Mortgage 185

Mortgage 185

BiggerPockets

OCTOBER 30, 2023

During a recession, property values often decline due to decreased consumer confidence and purchasing power. This dip can be attributed to job losses, tighter lending standards, and economic uncertainty, making people hesitant to invest or upgrade. While this presents challenges for sellers hoping for high returns, it can offer opportunities for buyers seeking more affordable options.

Real Estate 89

Real Estate Lending Sellers Investing 89

Inman

OCTOBER 30, 2023

From high mortgage rates, inventory shortages and sales slowdowns, many factors are haunting housing right now. Here's how to navigate them.

Real Estate 183

Real Estate Business Inventory Mortgage 183

Mortgagebroker News

OCTOBER 30, 2023

Lengthy industry experience helps a professional make the most of their strong foundations

Mortgage 85

Mortgage 85

Inman

OCTOBER 30, 2023

The Saskatchewan Realtors Association’s (SRA) 1,700 members will benefit from the innovative technology company’s ability to extract and use in multiple ways actionable data about properties from still images.

Realtors 179

Realtors Technology Marketing 179

BiggerPockets

OCTOBER 30, 2023

A CMA is much more than a boring collection of data to sort through. It’s your secret weapon for evaluating a property’s investment potential. Therefore, doing a CMA before making a buy or sell decision is time well spent.

Marketing 84

Marketing Investing Real Estate 84