Housing Wire

MARCH 22, 2022

On the heels of completing its first credit insurance risk transfer (CIRT) deal of the year in early March, Fannie Mae has announced that it has executed two additional CIRT deals. . billion of mortgage credit risk to private insurers and reinsurers. “We billion reference pool of single-family mortgages. If that $65.3

Insurance 370

Insurance Mortgage Real Estate Investors 370

Housing Wire

OCTOBER 24, 2024

The receiving agent becomes the buyer or seller’s primary point of contact and representative, and the referring agent receives a referral fee if a transaction closes. Instead of giving up the business, the referring agent introduces the potential client to another real estate agent who is better positioned to help them.

Real Estate 433

Real Estate Real Estate Agent Agents Clients 433

Housing Wire

JUNE 13, 2022

Fannie Mae has executed its sixth Credit Insurance Risk Transfer (CIRT) deal of 2022, providing up to $725 million in mortgage-risk coverage as part of the agency’s ongoing effort to share risk with private-sector insurers. billion of insurance coverage on $675.9 If that $106.3

Insurance 397

Insurance Mortgage Design Finance 397

Housing Wire

DECEMBER 9, 2024

And so I think having that opportunity to be like, I’m so glad you referred to me. You must add title and mortgage and insurance, you got to get your brokerage to be more profitable. Davin: It’s almost like you’re volunteering. They don’t really understand how you were getting paid.

Brokerage 366

Brokerage Real Estate Buyers Business 366

Housing Wire

JANUARY 27, 2025

The Consumer Financial Protection Bureau (CFPB) this month published an issue spotlight that takes a closer look at home equity contracts, or what the industry refers to as home equity investments (HEIs) that offer a lump sum payment to clients in exchange for a stake in their home equity.

Contracts 370

Contracts Mortgage Property Taxes Law 370

Appraisal Buzz

JANUARY 15, 2025

With a down payment and closing costs up front, and then principal, interest, taxes, and insurance every month after that, purchasing a home is already a financially daunting task, before adding in the rising cost of HOA dues, saidDanielle Hale, Chief Economist at Realtor.com. According to Realtor.com, some 40.5% the previous year.

HOA 397

HOA Construction Insurance Buyers 397

Housing Wire

FEBRUARY 7, 2025

The new measure also updates appeal timelines and mediation procedures for residents in rental housing, allows virtual meetings for condos and co-operative living spaces, and updates legislative references and council review procedures for returning citizens. It was extended to last until the end of 2021.

Mortgage 343

Mortgage HOA Law Insurance 343

Housing Wire

MARCH 4, 2025

Mayberry is a reference to the fictitious idyllic small town of the same name depicted in The Andy Griffith Show, which aired for eight seasons in the 1960s. Costs are also generally lower for everything from property taxes to groceries or car insurance, he said. This is Mayberry.

Real Estate Agent 413

Real Estate Agent Property Taxes Real Estate Development 413

Housing Wire

JULY 29, 2022

million note offering backed by a reference pool of single-family mortgages valued at $20.4 This latest CAS transaction, CAS 2022-R08, involves a reference pool of 67,644 single-family mortgage loans. million note offering backed by a reference loan pool of 83,420 single-family mortgages valued at $25 billion.

Insurance 397

Insurance Investors Mortgage Design 397

Housing Wire

FEBRUARY 14, 2025

HFDC), specifically to assist older Hawaiians, referred to as kupuna, with the rising costs of homeownership. Initially introduced in January by Iwamoto, the bill was referred to three different committees (consumer protection and commerce, finance, and housing) for further deliberation.

Mortgage 286

Mortgage Finance Contracts Insurance 286

Housing Wire

MARCH 7, 2025

JMG and its founder, Jason Mitchell , were also accused of participating in the alleged scheme by referring thousands of clients to Rocket entities. As part of the rebrand, Amrock has been renamed as Rocket Close , while its title insurance arm will now operate as Rocket Title Insurance Co.

Mortgage 221

Mortgage Real Estate Agent Insurance Clients 221

Housing Wire

FEBRUARY 7, 2024

The Fannie Mae February Selling Guide has a series of updates , including the expansion of value acceptance and property data appraisal waivers to condominiums, cash-out refinance allowances for manufactured homes, and updates to credit references and certain definitions.

Retail 476

Retail Project Management Insurance Landlords 476

Housing Wire

MARCH 22, 2021

The Insurance Commissioner for the state of Washington apparently concluded that Modus offered real estate agents and their clients a “thing of value,” such as free home warranties, other closing-related services, in exchange for switching their escrow and title services to Modus.

Insurance 459

Insurance Real Estate Agent Real Estate Brokerage 459

Housing Wire

MARCH 3, 2025

In each prior instance, the bill has never progressed beyond being referred to a Senate committee for additional debate. Following its most recent reintroduction, it has been referred to the Senates special committee on aging. New York state has passed at least two consequential reverse mortgage laws in recent years. In 2021, Gov.

Mortgage 248

Mortgage Law Property Taxes Clients 248

Housing Wire

FEBRUARY 3, 2022

billion so far this year that are secured by reference loan pools valued at $78.6 billion note issued against a reference loan pool of 190,774 residential mortgages with an outstanding principal balance of $33.6 billion note against a reference pool of 143,889 single-family mortgages valued at about $45 billion.

Insurance 397

Insurance Investors Government Mortgage 397

Appraisal Buzz

NOVEMBER 13, 2024

Energy-efficient and climate-resilient home features are quickly gaining popularity as homeowners look to keep costs down, including insurance costs. Zillow’s for-sale listings now include 18% more references to solar panels and the terms “sustainable” and “green.” Solar electricity isn’t the only source.

Buyers 418

Buyers Design Real Estate Agent Real Estate 418

Appraisal Buzz

OCTOBER 14, 2024

As of October, a new Credit Insurance Risk Transfer (CIRT) transaction has been completed, according to a new release from Fannie Mae. million was transferred to private insurers and reinsurers by CIRT 2024-H3. billion in insurance coverage on $928 billion in single-family loans under the CIRT program since its founding.

Insurance 396

Insurance Mortgage Business Appraisal 396

Housing Wire

APRIL 19, 2022

Fannie Mae has wrapped up its fourth Credit Insurance Risk Transfer (CIRT) deal of the year, transferring nearly $845 million in mortgage credit risk to a group of private insurers and reinsurers. The initial deal of 2022, CIRT 2022-1, also transferred millions of dollars of credit risk to a group of private insurers and reinsurers.

Insurance 397

Insurance Mortgage Marketing 397

Housing Wire

SEPTEMBER 22, 2022

Fannie Mae has finalized its ninth Credit Insurance Risk Transfer (CIRT) transaction of the year, transferring some $700 million of mortgage credit risk to private insurers and reinsurers, the agency announced. The insurance coverage is provided based on actual losses over a 12.5-year The coverage, which became effective Aug.

Insurance 369

Insurance Design Mortgage 369

Housing Wire

JANUARY 11, 2022

The 45 CAS deals involved credit-risk transfer (CRT) notes issued to private investors against reference loan pools of single-family mortgages valued collectively as of the time of the transactions at just under $1.7 The reports point out that appraisal waivers were issued for about 44% of the reference pools in each transaction.

Investors 435

Investors Valuation Government Mortgage 435

Housing Wire

MARCH 21, 2022

billion note offering backed by a reference loan pool of 150,395 primarily single-family mortgages valued at $44.4 The report indicates that the average remaining loan balance for the loans in the reference pool is $295,109, with a weighted average interest rate of 2.95% and an average original loan-to-value ratio of 73.7%. billion.

Investors 370

Investors Insurance Valuation Mortgage 370

Housing Wire

SEPTEMBER 12, 2024

“The substantial accumulation of home equity for existing homeowners has served as an important financial buffer in times of uncertainty, as some homeowners facing higher costs of homeowners’ insurance and taxes and have had to tap into their equity to prevent falling behind on their mortgages,” Hepp explained. “As

Insurance 508

Insurance Mortgage Housing Market Finance 508

Housing Wire

JUNE 7, 2022

Through the STACR note offerings, private investors participate with Freddie Mac in sharing a portion of the mortgage credit risk in the reference loan pools retained by the agency. billion in risk from reference pools valued at $300.9 billion via five STACR and three Agency Credit Insurance Structure (ACIS) CRT deals.

Investors 397

Investors Insurance Mortgage Marketing 397

Housing Wire

OCTOBER 9, 2023

AI-generated image of two lawyers scrutinizing title insurance joint venture agreements. First, certain disclosures must be made to the consumers who are being referred. And third, the only thing of value that the referring party may receive is a return on an ownership interest. Image was created using MidJourney.

Real Estate 468

Real Estate Insurance Real Estate Agent Brokerage 468

Housing Wire

OCTOBER 10, 2024

As of this week, the death toll has surpassed 230 and thousands of homes, many without flood insurance , have been destroyed. Researchers used Harvey, Irma and Ida as references for prior hurricanes and their impacts on the RMBS market. This includes 17.6% of homes in affected counties in Florida, 7.5% in Georgia, 0.6% in Virginia.

Insurance 375

Insurance Inventory Property Taxes New Listings 375

Housing Wire

AUGUST 31, 2022

The offering totals were across the agency’s flagship Structured Agency Credit Risk (STACR) and Agency Credit Insurance Structure (ACIS) programs, along with other risk-sharing transactions. Through the A CIS transactions, a portion of the credit risk on mortgages backed by Fannie and Freddie is shifted to insurers in the private sector.

Insurance 370

Insurance Investors Mortgage Design 370

Housing Wire

JANUARY 31, 2025

The total estimated cost of getting a Colorado real estate license ranges from $1,080 to $1,800, depending on the real estate course you choose and the cost of your E&O insurance. Continuously refer back to the exam topics. Many brokerages offer a group E&O insurance policy and others may have additional requirements.

Real Estate 338

Real Estate Brokerage Insurance Legal 338

Housing Wire

AUGUST 29, 2024

Four title insurance firms have agreed to pay nearly $3.3 That is why the DCOAG never alleged a violation of RESPA, but rather asserted that Allied’s affiliated business violated a section of the DC Code which in reality addresses only impermissible referral fees and kickbacks of premium to the insured.” However, due to D.C.

Real Estate Agent 353

Real Estate Agent Insurance Real Estate Modernization 353

Housing Wire

MAY 22, 2023

The program will not only reduce upfront costs, but will also eliminate the monthly mortgage insurance fee for the borrower, which is traditionally required if the buyer puts less than 20% down on their purchase. ONE+ offers mortgage insurance at no cost to the client, which on a $242,500 loan can be as much as $245 per month.

Insurance 435

Insurance Mortgage Buyers Government 435

Housing Wire

APRIL 8, 2022

billion secured by single-family mortgage reference loan pools valued in total at $121.5 billion note backed by a reference loan pool of 140,950 residential mortgages with an outstanding principal balance of $42.9 The average loan balance in the reference pool for the current CRT offering is $304,267.

Valuation 397

Valuation Investors Mortgage Insurance 397

Housing Wire

AUGUST 12, 2024

This is according to research from the University of Minnesota as cited by the Population Reference Bureau (PRB), a private nonprofit research organization that receives funding from the U.S. Rural parts of the U.S. have roughly 35% fewer home health aides to assist their aging populations than urban areas do. Census Bureau.

Training 476

Training Insurance Investing 476

Housing Wire

NOVEMBER 1, 2024

Referral agent: A referral agent is a real estate agent who refers clients to other agents in exchange for a referral fee. The two terms are often used interchangeably and refer to the licensed broker responsible for the overall operation of a real estate brokerage.

Real Estate 448

Real Estate Real Estate Agent Agents Brokerage 448

Housing Wire

MAY 5, 2022

billion note backed by a reference loan pool of 118,055 residential mortgages with an outstanding principal balance of $35.4 billion secured by single-family mortgage reference loan pools valued in total at $156.9 The average loan balance in the reference pool is $299,602, with the maximum balance at $1.56

Valuation 370

Valuation Investors Mortgage Insurance 370

Housing Wire

NOVEMBER 11, 2021

(The Title I program insures mortgage loans made by private lending institutions to finance the purchase of a new or used manufactured home.). Additionally, the administration is expanding allowable income sources for borrowers “consistent with the criteria for income and property valuations used in real-estate mortgage financing.”

Finance 476

Finance Valuation Insurance Lending 476

Housing Wire

JULY 22, 2022

Fannie Mae has executed two new Credit Insurance Risk Transfer (CIRT) deals — the seventh and eighth of 2022 — dubbed CIRT 2022-7 and CIRT 2022-8. The two transactions convey a combined $1 billion in mortgage credit risk to private insurers and re-insurers as part of the agency’s ongoing effort to share risk with the private sector.

Insurance 370

Insurance Mortgage Design Marketing 370

Appraisal Buzz

SEPTEMBER 5, 2024

adults nationwide show that nearly half of prospective homebuyers are having difficulty paying for basic housing expenses and that the affordability of home insurance is a key consideration in their decision to relocate. The results of a poll conducted among 1,818 U.S. The survey was conducted by Mphasis Digital Risk.

Buyers 370

Buyers Bracketing Insurance Mortgage 370

Housing Wire

OCTOBER 30, 2023

These programs function like a modification to Fannie Mae ‘s HomeReady and Freddie Mac ‘s HomePossible programs, which allow a 3% down payment — or what lenders refer to as 97% loan-to-value (LTV) — on conventional loans. FHA loans also come with mandatory upfront and annual mortgage insurance premiums — usually for the life of the loan.

Lending 493

Lending Retail Finance Insurance 493