Housing Wire

FEBRUARY 19, 2025

Ill share everything you need to keep the homebuying process running smoothly from your first meeting to closing and beyond. From choosing a property to navigating the closing process, youll need to do a deep dive into their wants, needs, and deal breakers. This is when your buyers need you the most. Have you spoken to a lender?

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Closing Due diligence Earnest money deposit Pre-approval 372

Housing Wire

MARCH 14, 2025

TD Bank confirmed to American Banker that it intends to close 38 branches in 10 states and Washington, D.C. And a recent bulletin from the Office of the Comptroller of the Currency (OCC) show that Flagstar Bank is closing 24 branches in five states. The affected TD branches will close by June 5, the bank said.

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Banks Closing Finance Mortgages 365

Housing Wire

MARCH 11, 2025

Over the last eight years, Abraham Sarway has parlayed calculated risks like this one into running a team that closed $100 million in volume in 2024. To this day, my team and I are still working in the South Bronx, even though we regularly close deals on luxury units in Manhattan.” Abraham Sarway did. A vacation cabin upstate.

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Closing Agents As-is Residential 317

Housing Wire

NOVEMBER 11, 2024

New York-based digital mortgage lender Better.com launched a streamline refinance loan product on Monday that aims to help military veterans and service members save money on long-term interest expenses and closing costs. The upfront closing costs can be rolled into monthly payments or waived, if a borrower has a qualifying disability.

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Closing costs Loans Closing VA loan 368

Housing Wire

JANUARY 23, 2025

Tom closed over $17 million in volume in his second year in real estate. The local competition in Charlotte was fierce, and with only a handful of closed deals, he knew he couldnt compete with experienced agents. Get it right, and you can build a sustainable career. Get it wrong, and well, theres always law school. Wait, open houses?

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Closing Agents Branding As-is 370

Housing Wire

MARCH 3, 2025

By integrating Matterports groundbreaking digital twin technology with our vast property data and online marketplaces, we are creating an unparalleled solution for buyers, sellers, and renters to explore properties with greater depth and insight than ever before.”

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Closing Residential Technology Commercial 311

Housing Wire

APRIL 1, 2025

Today, A&D Mortgage announced the official closing of its acquisition of the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group. Cooper Group is once again making headlines. Cooper, which is to be completed by Q4 2025, in an all-stock deal valued at $9.4

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Housing Wire

FEBRUARY 6, 2025

Multistate mortgage lender Click n’ Close on Thursday announced that it’s adding a 30-year, fixed-rate conventional loan option to its SmartBuy Shared Appreciation Mortgage (SAM) program. Click n’ Close’s program also offers down payment assistance (DPA) options ranging from 3.5% to 5% down.

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Loans Closing Mortgages Technology 300

Housing Wire

MARCH 31, 2025

Rocket said the the transaction is expected to generate $100 million in additional pre-tax revenue from higher recapture rates and attaching its title, closing and appraisal services to Mr. Coopers existing originations. The deal is expected to close in the fourth quarter of 2025. billion , is paying an equity value of $9.4 ”

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Finance Title Mortgages Equity 468

Housing Wire

OCTOBER 25, 2024

Novaprime is starting with post-close quality control functions and working backwards. Novaprime is starting with post-close quality control functions and working backwards. “Once it’s committed, we help them create the delivery files as well so they can go and deliver the loan.” That adds up.

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Loans Investor Closing Lending 435

Housing Wire

DECEMBER 18, 2024

This sector is closely tied to the overall economic cycle and tends to show patterns before every recession observed in recent modern history. As 2024 comes to a close, the Fed has managed to overlook these issues for another year due to the factors mentioned above. We will soon find out. Lets take a closer look at the data.

Construction 511

Construction Residential Sales Mortgages 511

Housing Wire

OCTOBER 31, 2024

If a consumer is in the homebuying process, the fraudster will send false wiring instructions to the homebuyer ahead of closing—often appearing as if they are from a trusted representative in the transaction. The title industry works closely with financial institutions and the FBI to help recover incorrectly transferred funds.

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Housing Wire

MARCH 30, 2025

As always, you have to examine the data closely before concluding anything on the internet. This weekend, there has been a lot of discussion on social media surrounding homeowners’ delinquency data. Its not even a clever lie. Some people are trying to imply that we have major stress in homeowner data.

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Fixed-rate mortgage Bankruptcy Loans Commercial 541

Housing Wire

MARCH 4, 2025

The takeaway from the pending sales numbers is that it takes roughly 35 days on average for sales to close, so homes in contract now will generally close in March, Simonsen wrote. March figures to be a crucial month for gauging consumer interest in the 2025 housing market. This would be a clear headwind to any further rate cuts.

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Mortgages Sales Finance Closing 484

Housing Wire

MARCH 13, 2025

This shift is further underscored by a new analysis showing that agents taking at least 15 listings per year achieve significantly higher proficiency in converting listings to closings. Conversely, those surpassing this threshold demonstrate mastery in converting listings into closed deals. annual production 15 listings/year 64.7%

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Agents Brokerage Closing Residential 349

Housing Wire

MARCH 24, 2025

To classify these sales, Zillow identified sales that were reported pending or closed with at most one day active and with a buyer and seller represented by the same agent or by agents within the same brokerage office, the report stated. The study also found that these losses were deepest in communities of color.

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MLS Sales New Construction Construction 501

Housing Wire

OCTOBER 25, 2024

Tom Davis: Investor transactions are still close to 28% of the overall purchase market. Tom Davis: Investor transactions are still close to 28% of the overall purchase market. Many investors prefer to close in the name of an LLC. Close one loan for a real estate investor and you have a repeat client for life!

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Investor New Construction Construction Loans 448

Housing Wire

NOVEMBER 15, 2024

Chicago’s offerings include doorbuster deals on Quick Move-In homes, which reduce pricing up to $93,850 if the home closes this year. In Charlotte , borrowers to lock in a lower rate on select Quick Move-In homes that can close by the end of the year. That’s right, there are Black Friday home sales!

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Fixed-rate mortgage Closing costs Residential Finance 418

Housing Wire

MARCH 10, 2025

The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025. Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 billion in equity.

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Purchase and sale agreement Pre-approval Brokerage Equity 482

Housing Wire

FEBRUARY 24, 2025

In 2024, we saw a notable increase in buyer demand when mortgage rates got close to 6%. People often ask, How can it be possible that home prices are still climbing even though the cost of money is so much higher? There are obviously fewer buyers who can afford these prices. Ive called this a compression in home prices. This year its 2%.

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Sales Mortgages As-is Marketing 495

Housing Wire

OCTOBER 29, 2024

Bryan VantHof, a member of the RE/MAX Advantage Plus -brokered The Minnesota Real Estate Team , also believes the amount the seller nets is central to getting a deal closed. Per the settlement, the agreement must outline how much the buyer broker will be compensated — pending the successful closing of a transaction.

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Marketing Agents Closing costs Industrial 448

Housing Wire

DECEMBER 19, 2024

million sales in 2025, a number that is close to the current rate of 4.15 The housing industry is getting an early Christmas gift. The National Association of Realtors (NAR) reported that existing-home sales in November rose to a seasonally adjusted annual rate of 4.15 million, a 4.8% increase over the revised October number and a 6.1%

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Sales Land Industrial Closing 459

Housing Wire

NOVEMBER 7, 2024

Climate change is increasing the intensity and severity of natural disasters. It’s resulting in calls to reimagine the costs of homeowners insurance (Image generated by AI in Midjourney) As the planet warms and extreme weather intensifies, the rising cost of homeowners insurance is stopping real estate deals in their tracks.

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Design Mortgages Lending As-is 482

Housing Wire

OCTOBER 22, 2024

For title professionals who must manage property records, closing statements and other critical documents, this time adds up. Still a little lost when it comes to AI? First, check out SoftPro’s recent blog , delving into the basics). So, always double-check any AI-generated communication for accuracy.

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Title Industrial Technology Closing 448

Housing Wire

NOVEMBER 19, 2024

Since a Fed president makes this claim, it’s worth examining the data closely as he and his staff should be able to see the same housing data we are all looking at. Minneapolis Fed President Neel Kashkari recently stated that housing demand is high so the clearance rate (mortgage rates) should be higher. percent (±11.6 percent (±9.0

Construction 539

Construction Mortgages Land Sales 539

Housing Wire

JANUARY 23, 2025

In sum, our analysis shows Fannie Maes title insurance pilot will have a profound and long- lasting impact on closing costs, potentially eliminating a barrier that prevents many homeowners from pursuing a refinance or other financially beneficial transaction. Fannie Mae s title insurance pilot program could save borrowers up to $2.19

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Title Land Loans Closing costs 468

Housing Wire

JANUARY 17, 2025

This is why it’s essential to monitor builders’ forward-looking outlooks closely. Since late 2022, our analysis indicates that mortgage rates in the 6%-6.5% range are positive to grow sales, whereas rates at 7% and above especially 7.50% or higher significantly impact the builder data. This is 15.8 percent (14.4 percent (11.3

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Mortgages Construction Sales As-is 488

Housing Wire

MARCH 10, 2025

“Consumers have choice in how they search for homes, choice in which agents they use, choice in what type of financial product they want, choice in how they think about title of closing,” Krishna said. ” “We think about it more like opportunity. And so for us, that’s really the focus area.

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Branding Brokerage Commercial Title 418

Housing Wire

FEBRUARY 3, 2025

It also ties into architects and builders creating smaller, denser homes to help close the affordable housing supply gap. Strickland said that 75% of the loans she closed last year were government loans, adding that all of them were purchase money. I think the same could be said for most in my industry, she added.

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Debt-to-income ratio Loans VA loan FHA loan 431

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. Their work is done, and it’s up to the receiving agent to serve the client and close the deal. When you buy through our links, we may earn a commission.

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Housing Wire

DECEMBER 5, 2024

Without accountability, even the best leads won’t translate into closed deals. Step 6: Focus on customer experience to build loyalty A great customer experience not only closes deals but also creates lifelong clients who bring in referrals and repeat business. Personalize follow-ups to maintain relationships long after closing.

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Development Technology Closing Agents 370

Housing Wire

NOVEMBER 23, 2024

This has caught my attention and is something I am following closely. I figured those increases would produce the same weakness in purchase apps that we saw earlier in the year. However, surprisingly, demand has held up better than I anticipated. We aren’t growing like before, but we aren’t as negative as I thought either.

Mortgages 514

Mortgages As-is Sales Marketing 514

Housing Wire

NOVEMBER 4, 2024

These are homes that will generally close in November and December. But they’re back up to 7% now, so maybe this strength is fleeting and will evaporate as we close out the year. But they’re back up to 7% now, so maybe this strength is fleeting and will evaporate as we close out the year. That’s where we are right now.

Sales 396

Sales Staging Mortgages Closing 396

Housing Wire

FEBRUARY 3, 2025

The last thing a buyer wants is to find out after the deal closes that the founder of the business registered a name or trademark in their own name and never properly assign it to the company. The current environment of mergers and acquisitions (M&A) is evolving. Patent & Trademark Office. The same is true of domain names.

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Due diligence Purchase and sale agreement Industrial Mortgages 418

Housing Wire

NOVEMBER 4, 2024

Angela is the 11th-ranked agent in the state by sales volume, closing 38 sides and $29.82 Editor’s note: This is the fifth in a series of articles that will explore the effects of the landmark Sitzer/Burnett case, which was decided on Oct. million in volume in 2023, according to RealTrends Verified data.

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Housing Wire

MARCH 31, 2025

The deal, which is expected to close in the fourth quarter of 2025, integrates the largest servicer in the country into Rockets flywheel. There’s the origination process, which is all of the financing, title closing, and then servicing, where they essentially develop a lifetime relationship. Mr. Cooper is an amazing company.

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Technology Mortgages Industrial Title 335

Housing Wire

MARCH 12, 2025

at the close of the market on March 11 to $17.89 But by the markets close that evening, the share price rose to $21.75. The companys dedication to expanding the availability of its proprietary closed-end second-lien reverse mortgage, HomeSafe Second, also saw a sharp increase to its distribution. at the opening bell on March 12.

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Finance Equity Mortgages Closing 394