Housing Wire

JANUARY 30, 2024

Government-sponsored enterprise (GSE) Freddie Mac this week released an industry letter encouraging seller/servicers to take the accelerating pace of cybersecurity threats seriously, and to ensure that processes and tools are maintained to limit exposure to potential security risks. “A

Sellers 459

Sellers Tools Government Business 459

Housing Wire

MARCH 14, 2025

New listings move upward, but remain historically low Altos uses new real estate listings data as a key indicator of seller activity in the D.C New listings volume grows each year during the spring months, and this year seller rates appear to be accelerating faster than in recent years. housing market. As unemployment in D.C

Housing Market 369

Housing Market Marketing New Listings Inventory 369

Housing Wire

MARCH 17, 2025

Were only two months into the new government policies. There were nearly 7% more sellers last week than the week prior. Here’s the bottom line: This spring, more sellers are trying to sell their homes. Here’s the bottom line: This spring, more sellers are trying to sell their homes. Is it economic vibes?

Inventory 412

Inventory New Listings Housing Market Sellers 412

Housing Wire

FEBRUARY 24, 2025

New listings To get a lot of homes on the market though we need some sellers. In total, it was another week with fewer home sellers that last year. Its hard to grow inventory too much when there arent many sellers. Demand is slower so more of the sellers are sitting on the market. Thats not a ton. more than a year ago.

Inventory 489

Inventory New Listings Sellers Contracts 489

Housing Wire

FEBRUARY 3, 2025

Is the seller subject to a probationary review? Have complaints been submitted that could impact any licenses or tickets from government-sponsored enterprises? Is there a potential pattern of questionable practices and activities based upon allegations filed with government organizations? Any data privacy breaches?

Mortgage 417

Mortgage Contracts Insurance Sellers 417

Housing Wire

APRIL 1, 2024

The recent settlement involving the National Association of Realtors and major real estate firms revolves around the practice of “broker cooperation,” where agents representing sellers share commissions with agents representing buyers. Last year, mortgage rates increased from 3% to 8% and home prices still increased in most markets.

Sellers 493

Sellers Real Estate Agents Buyers 493

Housing Wire

OCTOBER 19, 2023

1, REBNY rules will prevent the listing brokers from paying buyer agents and instead will require sellers to pay commissions directly. The rule will require listing agreements to clearly outline the seller’s offer of compensation to the buyer’s agent. Starting Jan.

Sellers 459

Sellers Agents Real Estate Brokerage 459

Appraisal Buzz

MARCH 3, 2025

in February of previous year, indicating that sellers are becoming more accustomed to the present market conditions. over the previous year, making 2019 February the most active month for sellers since 2021. Sellers also listed their homes at higher rates than the previous year, with the number of newly listed homes rising 4.2%

Sellers 368

Sellers Marketing New Listings Inventory 368

Housing Wire

FEBRUARY 28, 2022

The Federal Housing Finance Agency (FHFA) proposed some key changes to requirements for single-family seller servicers that do business with the enterprises. For servicers with government-sponsored enterprise-backed loans, the tangible net worth requirement will stay at 25 basis points.

Sellers 418

Sellers Government Business Investors 418

Housing Wire

AUGUST 17, 2022

The Federal Housing Finance Agency (FHFA) and Ginnie Mae are walking back some of the more controversial proposed eligibility requirements for sellers, servicers and issuers they oversee. Institutions with less than $1 billion in originations during a 12 month period would be exempt — a new carveout the agencies said is for “small sellers.”.

Sellers 397

Sellers Government Lending Finance 397

Appraisal Buzz

JULY 6, 2021

The Urban Institute (UI) says it appears that the current sellers’ market is having a negative impact on government backed loans and the borrowers who need to use them. The post Sellers Are Rejecting FHA/VA Backed Offers; Buyers Passing Instead of Compromising appeared first on Appraisal Buzz.

Sellers 370

Sellers Buyers Government Inventory 370

Housing Wire

APRIL 3, 2025

While high prices deter some buyers, more sellers are entering the market, giving buyers more options. Matt Ferris, a Redfin Premier agent in northern Virginia , said many sellers believe the market has peaked and want to cash in. Redfin agents report that buyers who can afford to purchase are acting now before costs rise further.

Buyers 272

Buyers Sellers New Listings Agents 272

Housing Wire

MAY 16, 2024

The MLS is crucial for home sellers , even in a strong seller’s market, as it provides significant financial benefits and access to more potential buyers, according to a recent study by Bright MLS called “On-MLS Study: Measuring the Benefits of an Open and Transparent Housing Marketplace.” They would be wrong.

Sellers 412

Sellers Real Estate Buyers Marketing 412

Housing Wire

MARCH 26, 2025

This is what happens when you have government by a committee of 900, Cantrell said. Under what NAR is calling its MLS Listing Options for Sellers policy , sellers will have the option to delay marketing their listing publicly as long as they sign the required disclosure.

Sellers 367

Sellers Real Estate Agents Brokerage 367

Housing Wire

APRIL 1, 2025

On Tuesday, at the preliminary approval hearing for defendant MLS Property Information Networks (MLS PIN) settlement, Judge Saris r efused to grant preliminary approval to the settlement as the plaintiffs and defendants were hoping to expand the class to include commercial property sellers and mobile home sellers.

Sellers 280

Sellers Real Estate Buyers Realtors 280

Housing Wire

MAY 26, 2023

Secret Service , notified the title industry of a rise in what is known as vacant lot fraud, or seller impersonation fraud. “We We started to hear a lot about seller impersonation fraud early on in the year,” Tyler Adams, the CEO of CertifID, said. “We Oftentimes this leads to the discovery of vacant lots. million, according to NAR.

Sellers 397

Sellers Real Estate Realtors Real Estate Agent 397

Housing Wire

MARCH 6, 2025

is being closely watched amid widespread layoffs of federal government workers. Sweeping cuts by Elon Musks DOGE agency have sent many government employees packing, while other staff need to find housing in the area to comply with return-to-work mandates. The housing market in Washington D.C. 7: 596 Week of Feb. 14: 655 Week of Feb.

Inventory 287

Inventory New Listings Government Housing Market 287

Housing Wire

APRIL 15, 2024

Fannie Mae and Freddie Mac will not count buyer’s agent commissions as part of their allowable interested party contributions (IPCs), according to announcements from the government-sponsored enterprises (GSEs) on Monday. The Community Home Lenders Association (CHLA) expressed support for the GSEs’ announcement.

Buyers 532

Buyers Agents Real Estate Agent Sellers 532

Housing Wire

NOVEMBER 1, 2024

Although October’s job gains were modest, strong gains still occurred in the health care (+52,000 jobs) and government (+40,000) sectors. There are some prospective home buyers and sellers who are watching the Fed to get a read on where mortgage rates might be headed,” Sturtevant said. A year ago, the jobless rate was 3.8%

Construction 370

Construction Housing Market Real Estate Mortgage 370

Appraisal Buzz

APRIL 8, 2025

Sellers are still in the drivers seat in the Northeast and inNorthern California, where buyers are competing for the few homes that are available. Customers have the ability to negotiate for a better price, and a greater percentage of sellers are lowering their pricing. However, sellers continue to hold the advantage in other areas.

Sellers 260

Sellers Buyers Home Value Inventory 260

Housing Wire

SEPTEMBER 23, 2024

Seller repurchases of Freddie Mac mortgages rose by $430 million in the second quarter of 2024, a 29.1% By contrast, sellers of loans through fellow government-sponsored enterprise (GSE) Fannie Mae repurchased $268.5 increase from the first quarter, according to an analysis of public filings by Inside Mortgage Finance.

Sellers 514

Sellers Government Finance Mortgage 514

Housing Wire

MARCH 27, 2025

“As inventory recovers, the housing market is very slowly tilting toward more balance between buyers and sellers. Modest down payments often used by first-time buyers or those with government-backed loans also increased but remained below 2022 peaks. Down payments were 3.4 ” How can buyers afford to put more down?

Buyers 228

Buyers Inventory Housing Market Government 228

Appraisal Buzz

FEBRUARY 21, 2025

Under a lease-purchase arrangement, the property seller also acts as the landlord. The seller transfers the deed to the buyer once the buyer obtains a mortgage to purchase the home. For example, the sellers, usually also the landlords, are generally responsible for keeping the property safe and livable for tenants.

Landlords 221

Landlords Tenants Contracts Law 221

Housing Wire

SEPTEMBER 13, 2023

It allows qualified buyers with a government loan to purchase a home by assuming responsibility for the sellers’ mortgage terms, including the current balance and interest rate. The platform advertises sellers listing to qualified buyers. in March, is also listed as a senior advisor. So why is this program so rare?

Mortgage 459

Mortgage Government Advertising Buyers 459

Housing Wire

NOVEMBER 19, 2020

“ Because the practices have been widely adopted by NAR-affiliated MLS networks , they are “therefore, agreements among competing real estate brokers each of which reduce price competition among brokers and lead to lower quality service for American home buyers and sellers,” the complaint alleged. .

Real Estate 545

Real Estate Buyers Realtors Sellers 545

Appraisal Buzz

FEBRUARY 5, 2025

Price supplied by sellers at foreclosure auction remained flat in Q4, further widening the bid-ask spread between what buyers were willing to pay and the reserve amount sellers were willing to take to sell these properties.

Retail 334

Retail Inventory Housing Market Sellers 334

Housing Wire

NOVEMBER 15, 2023

The wholesale lender will cover up to $600 of the appraisal cost on all conventional and government-backed home loans until March 31 when a broker uses UWM’s 1-0 temporary rate buydown. The escrow account is funded by either the seller, builder or lender via a lump-sum payment at closing.

Appraisal 459

Appraisal Real Estate Agent Sellers Government 459

Housing Wire

AUGUST 3, 2022

The prediction by one of the nation’s leading marketplaces for distressed assets, is based on a survey of some 50 Auction.com clients, including private-sector mortgage servicers and government-sponsored enterprises (GSEs). How borrowers can stay afloat with home equity products during difficult economic times. Presented by: Altisource.

Inventory 482

Inventory Clients Government Sellers 482

Housing Wire

MARCH 28, 2024

At the moment, IPCs “include concessions from the seller to the buyer for items that are traditionally paid by the buyer such as loan closing costs or rate buy-downs,” but as buyer agents are customarily paid by the listing agent, their fees are excluded from caps on the IPCs. Sellers or buyers can pay the buyer’s agent’s fees.

Real Estate Agent 476

Real Estate Agent Sellers Buyers Real Estate 476

Housing Wire

NOVEMBER 28, 2023

Launch a government-funded affordable housing awareness campaign Home equity is the primary source of wealth for most Americans. Currently, more than 80% of the mortgage market is government-controlled, which means in the next down cycle there will be many more homes owned by the government.

Law 490

Law Government Legal Construction 490

Appraisal Buzz

MARCH 27, 2025

As inventory recovers, the housing market is very slowly tilting toward more balance between buyers and sellers. Although they are still below the 2007 peak, modest down paymentsthose usually made by first-time homebuyers or those who use government-backed lending choices like FHA or VA loanssaw an increase in payments as well.

Buyers 248

Buyers Inventory Housing Market Government 248

Housing Wire

AUGUST 13, 2024

In these contracts – also known as “land contracts” or “bond for deed” –the seller retains the legal title to a home until the borrower completes all the payments, leading to some “traps,” according to the CFPB. The government is taking action to ensure that these products do not turn the dream of homeownership into a nightmare.”

Contracts 481

Contracts Mortgage Law Sellers 481

Housing Wire

AUGUST 30, 2024

The title industry is committed to combating all types of financial crimes, including seller impersonation fraud, wire fraud, elder fraud, and money laundering. Seller impersonation fraud occurs when fraudsters impersonate property owners to sell property they don’t own. Another area of growing concern is real estate wire fraud.

Real Estate 448

Real Estate Insurance Sellers Legal 448

Housing Wire

AUGUST 8, 2024

Incomes, wealth, life events, mortgage rates all play a role in determining housing demand, while on the supply side we have land costs, government regulations in terms of zoning rules, geographic constraints to building and builder financing costs,” Divounguy added. “So, When you have to bring in more cash, it is a big deal,“ he said.

Housing Market 488

Housing Market Marketing Mortgage Sellers 488

Housing Wire

OCTOBER 16, 2024

” Loan buyback requests from the government-sponsored enterprises Fannie Mae and Freddie Mac have been long-enduring and expensive proposition for lenders. Seller repurchases of Freddie Mac mortgages rose to $430 million in the second quarter of 2024, a 29.1% By contrast, sellers of loans through Fannie Mae repurchased $268.5

Appraisal 435

Appraisal Mortgage Valuation Technology 435

Housing Wire

OCTOBER 18, 2023

. “We’re hoping to have a final policy [for the payment supplement partial claim] out before the end of the year, although I will say keep your fingers crossed that we don’t face any lapse in appropriations that would shut down the government.” 14-17 in Philadelphia. ”

Mortgage 459

Mortgage Government Insurance Tools 459

Housing Wire

FEBRUARY 21, 2024

Wood wrote on Tuesday that home sellers were “better suited to seek injunctive relief.” billion Sitzer/Burnett verdict , in which the National Association of Realtors (NAR), Keller Williams and HomeServices affiliates were found to have conspired to inflate or stabilize commissions paid by sellers. “To

Realtors 434

Realtors Brokerage Real Estate Law 434