Housing Wire

MARCH 11, 2025

Tomo touts its use of artificial intelligence in streamlining loan underwriting and closing processes. It claims to save the typical homebuyer up to $4,000 in closing costs and offers interest rates that are 50 to 100 basis points lower than the industry average, according to a press release.

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Housing Wire

DECEMBER 20, 2024

The state of leadership in the mortgage industry When people say, Theres no such thing as a perfect company, are they really acknowledging an inherentflaw or are they feeling the void left by inadequate leadership? Loan officers are often rewarded for their independent drive, ability to close deals, and focus onindividual success.

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Housing Wire

APRIL 16, 2025

Since our income is (usually) tied directly to closings, many real estate agents wonder how to close deals faster. Keep reading for expert tips on how to close real estate deals faster, plus ways to make your real estate transactions more seamless. Who are these motivated clients? When is your lease up?

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Housing Wire

APRIL 3, 2025

While the Redfin acquisition (still pending close) was a clear push into the purchase market, the Mr. Cooper acquisition is about scale, servicing, and customer lifecycle retention. If you think about a Rocket, theyre going to have what is really the holy grail of mortgage and real estate a full end-to-end product. Servicing relationships.

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Housing Wire

OCTOBER 31, 2024

With October being Cybersecurity Awareness Month, it is important that the real estate industry and consumers speak up and spread the word about how to prevent these real estate cybercrimes. In addition to education, industry mitigation efforts are working.

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Housing Wire

MARCH 31, 2025

Rocket Companies is buying Mr. Cooper , America’s largest mortgage servicer, in a market-shattering deal that could reshape the mortgage industry for years to come. Rocket also has arguably the strongest recapture game in the industry, and a deal like this would give it a distinct advantage over all other competitors. ”

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Housing Wire

MARCH 3, 2025

This is an exciting milestone for Matterport, as we join forces with CoStar Group to accelerate our impact on the global real estate industry, RJ Pittman, the chairman and CEO of Matterport, said in a statement. .” According to a press release, Matterport has mapped more than 14 million spaces in 177 countries.

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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 286

Housing Wire

APRIL 18, 2025

Patrick Stone, the founder and chairman of Williston Financial Group (WFG), is celebrating 50 years in the real estate industry a milestone that coincides with the 15th anniversary of WFG, which he launched in the wake of the Great Recession. The industry kind of shrugged and said, Thats a lender problem. Its surreal, Stone said.

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Housing Wire

OCTOBER 22, 2024

Artificial intelligence (AI) has become a hot topic across every facet of life, including the real estate and title industries. Marketing Marketing is essential for building awareness and staying competitive in the title industry, yet many professionals struggle to find the time. Feeling overwhelmed by all the AI talk?

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Housing Wire

OCTOBER 29, 2024

So, when many in the real estate industry correctly anticipated changes to the agent commission structure — which were solidified by the National Association of Realtors’ (NAR) settlement following the jury verdict in the Sitzer/Burnett lawsuit nearly a year ago — there was quite a bit of fear about how first-time buyers would be impacted.

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Housing Wire

FEBRUARY 6, 2025

Younger service members struggle during the homebuying process, particularly around paying closing costs. Homeownership offers security and greater financial stability, along with a sense of community that is essential to military families. As such, my driving mission is helping fellow veterans achieve the American dream. In 1944, the U.S.

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Housing Wire

OCTOBER 28, 2024

I wish there were more voices closely scrutinizing whether this settlement provides the value it claims to aggrieved class members and whether the attorneys have provided a third of a billion dollars in value to the class,” she wrote. In a document filed on Monday in U.S. The objection is 132 pages in length. Following the Aug.

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Housing Wire

DECEMBER 19, 2024

The housing industry is getting an early Christmas gift. million sales in 2025, a number that is close to the current rate of 4.15 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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Housing Wire

JANUARY 3, 2025

Reverse mortgage professionals made more inroads into the forward mortgage industry in 2024. Continuing this momentum into 2025 is a priority for many in the reverse mortgage space, according to conversations with leaders at various industry lenders. One key is to bolster connections between a companys forward and reverse divisions.

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Housing Wire

JANUARY 6, 2025

She will work closely with Wright to engage with brokerage leaders and better understand their needs, concerns and perspectives on the future of the real estate industry. I am honored to work alongside Nykia and the leadership team at NAR during such an important time for our industry, Chris said in a statement.

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Housing Wire

APRIL 2, 2025

Growing dissatisfaction among real estate agents , concerns over declining commissions , and shifting views on the National Association of Realtors (NAR) are among findings in Redfin’s 2025 Industry Survey. Thats why as the industry changes, our core mission stays the same.” identifying it as a major issue.

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Housing Wire

APRIL 15, 2025

“Many property owners assume that title insurance fully protects their title, but unfortunately, it may not always safeguard against post-closing fraud,” Jon Dovidio, chief strategy officer at EquityProtect, said in a statement. But these protections are limited by eligibility rules and property type, Dovidio added.

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Housing Wire

MARCH 27, 2025

The company calls the move an “industry-first initiative.” FinLocker details that the initiative will eliminate verification costs at all stages of the mortgage journey, from prequalification and underwriting to final reverification before closing. This direct-source verification covers 85% of the U.S. ”

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Mortgages Loan Officer Technology Loans 389

Housing Wire

JANUARY 23, 2025

According to the release, Nigrinis and Zywicki analyzed how much widespread use of automated title risk assessments would lower consumer costs, promote greater transparency and increase industry competition. Fannie Mae s title insurance pilot program could save borrowers up to $2.19 billion in total or as much as $1,692 per loan.

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Housing Wire

OCTOBER 15, 2024

The effective date for the new rule is April 11, 2025, giving the mortgage and real estate industries roughly six months to become compliant. It also follows on actions taken by the FCC in December 2023, where the regulator moved to adopt rules that would close the “lead generator loophole” that had been used in the mortgage business.

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Housing Wire

MARCH 31, 2025

Rocket Companies industry-shaking plan to acquire Mr. Cooper in a $9.4 The deal, which is expected to close in the fourth quarter of 2025, integrates the largest servicer in the country into Rockets flywheel. billion deal comes just weeks after the Detroit-based lender announced its acquisition of real estate brokerage Redfin for $1.75

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Technology Mortgages Industrial Title 332

Housing Wire

NOVEMBER 4, 2024

As a real estate reporter, it was not lost on me that the formal start of my house hunt would coincide almost perfectly with the real estate industry working through the nationwide implementation of the business practice changes outlined in the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement.

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Housing Wire

AUGUST 30, 2024

The title insurance industry is vigorously battling these challenges as it protects Americans’ largest asset, their homes. The title industry is committed to combating all types of financial crimes, including seller impersonation fraud, wire fraud, elder fraud, and money laundering.

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Housing Wire

MARCH 4, 2025

Remote online notarization (RON) continues to stake its claim as a critical innovation for real estate professionals and homebuyers, opening the door for faster closings and largely eliminating the need for in-person meetings. The 45 states that have done so, do not suggest that there is a patchwork of state laws.

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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

MARCH 19, 2025

Richards has a long history in leadership and executive roles in the mortgage industry. Shortly after leaving, she sued loanDepot for allegedly closing loans without proper documentation in the lead-up to its initial public offering. Chief operating officer Tammy Richards is taking on a new role at Kind Lending.

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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 426

Housing Wire

NOVEMBER 30, 2024

Dwiggins: Since we started the company back in 2014, we were always looking to try and be a little bit different from the rest of the industry, in the sense of it wasn’t about having tons of agents. It was about the quality of the people who shared sort of the same vision for the industry. Dwiggins: I am a free market guy.

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Housing Wire

OCTOBER 1, 2024

Rocket said that its recapture rate, which includes purchase and refinance loans, is at 85%, triple the industry average. Besides closing subservicing deals, Rocket has been actively acquiring servicing assets at higher coupon rates to create refinance and home equity origination opportunities. billion in market value as of June 30.

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Housing Wire

JANUARY 27, 2025

The real estate industry is already in a whirlwind and the year has barely kicked off. To put it simply, the industry appears to be in its rapid evolution era. An industry-wide focus on lead generation has left many professionals with vast, often un-tapped lead databases. Have a seat and buckle in. What does this look like?

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Housing Wire

DECEMBER 6, 2024

The company announced the recruitment of Phoenix -based agent Joshua Smith, a high producer who closed 297 transactions in 2023. ” Smith echoed Parjea’s excitement and referenced their 13-year history in the industry. Brokerage giant eXp Realty is adding a superstar agent to its ranks. agents by the The Wall Street Journal.

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Agents Brokerage Residential Industrial 397

Housing Wire

OCTOBER 23, 2024

American Identity Group , an information security company that monitors and fixes security breaches and primarily operates in the wholesale lending space, has also become well established in the title and home warranty industries. When we look at the mortgage industry in our office, we broad-brush it,” he said. “We

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Housing Wire

APRIL 22, 2025

Ryan Grant: We began laying the groundwork for NEO in 2020 and officially launched in 2021, after recognizing the industrys shifting dynamics and emerging challenges. Today’s mortgage lending environment is shifting rapidly. Purchase loans are now outpacing refinances, and interest rates are reaching the stratosphere.

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Lending Loans Mortgages Technology 368

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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Housing Wire

NOVEMBER 7, 2024

Pete Carroll, executive of public policy and industry relations at CoreLogic , said that he’s heard divided opinions from insurers. Climate change is increasing the intensity and severity of natural disasters. Not long ago, homeowners insurance was a minor concern for most homebuyers, real estate agents and mortgage originators.

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Housing Wire

NOVEMBER 1, 2024

Whether you’re looking to start a career in real estate, already have one or are involved in real estate transactions, you may find yourself wondering about industry terminology and job titles. The industry acronyms alone look like alphabet soup. So, let’s start with the basics: What is a real estate broker vs. an agent?

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