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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Title Industrial Land Banks 476

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. A lower Fed funds rate can assist with land purchases and apartment construction, but that process would take considerable time before we see any development.

Construction 539

Construction Mortgages Land Sales 539

Housing Wire

NOVEMBER 15, 2024

For instance, at Lone Star Landing in Montgomery, Texas, M/I Homes is offering discounts ranging from $7,500 to $20,000 on specific properties. Chicago’s offerings include doorbuster deals on Quick Move-In homes, which reduce pricing up to $93,850 if the home closes this year. That’s right, there are Black Friday home sales!

Fixed-rate mortgage 418

Fixed-rate mortgage Closing costs Residential Finance 418

Housing Wire

MARCH 4, 2025

Since mid-February, over 80 listings for burned lots in Pacific Palisades and Altadena have appeared on the market following the devastating Los Angeles wildfires that took place in January, with land parcels fetching prices exceeding initial expectations. Two hours ago, a second property just closed in the Palisades.

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Land Development Closing Banks 269

Housing Wire

JULY 8, 2021

The number of title and settlement companies offering digital closings has increased 228% since 2019, as more of the industry moves online in the wake of the COVID-19 pandemic. Now, in 2021, 46% offer digital closings, according to Diane Tomb, ALTA chief executive officer. The Final Frontier of Digital Mortgage.

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Closing Title Land Technology 497

Housing Wire

APRIL 17, 2024

The Federal Housing Finance Agency (FHFA) this week announced a new product proposal for government-sponsored enterprise (GSE) Freddie Mac that would allow the agency to purchase certain single-family, closed-end second mortgages. FHFA Director Sandra Thompson explained that such options are needed in the current mortgage rate environment.

Closing 529

Closing Mortgages Equity Loans 529

Housing Wire

SEPTEMBER 27, 2023

Many of these laws target specific types of real estate deemed crucial to national security, such as farmland or property near military installations, while other laws apply more broadly to all types of land. Currently, at least 36 states have either passed or introduced legislation to restrict purchases by foreign nationals or entities.

Land 435

Land Title Closing Design 435

Housing Wire

MARCH 4, 2025

Texas insurance commissioner Cassie Browns office laid out what led to the move in a written order containing provisions analyzed by the Texas Land Title Association (TLTA) and the Texas Office of Public Insurance Counsel (OPIC). Every time a Texan buys a home, they will spend less on closing costs. between 2003 and 2022.

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Title Closing costs Land Sales 393

Housing Wire

FEBRUARY 13, 2025

The company closed multiple RTL securitizations last year, including a $350 million transaction in the first quarter. San Francisco-based private lender Kiavi announced on Thursday that it has secured $300 million in capital after another securitization of its residential transition loans (RTLs). billion since 2019. million received a 21.8%

Land 259

Land Investor Principal New Construction 259

Housing Wire

OCTOBER 16, 2024

These rankings are designed to help top-performing agents and teams highlight their accomplishments within their specific local markets, enhancing their credibility where it matters most — close to home. RealTrends excludes transactions such as commercial, rentals, lease, land, empty lots, and outside referred business from published totals.

Agents 464

Agents Commercial Land Branding 464

Housing Wire

MAY 24, 2021

Stavvy, a Boston-based fintech, announced Monday that it landed a $40 million Series A funding round led by Morningside Technology Ventures. The post Stavvy lands $40 million Series A for aggressive growth appeared first on HousingWire. The funding caps a period of intense growth period for Stavvy.

Land 448

Land Lending Technology Banks 448

Housing Wire

MARCH 25, 2025

Global investment bank Cambridge Wilkinson today announced the closing of a forward flow agreement up to $100 million for a private real estate lending platform specializing in short-term bridge , fix-and-flip, construction and land development loans.

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Lending Equity Banks Construction 300

Housing Wire

NOVEMBER 9, 2020

One area in the mortgage and real estate industry that has been evolving for nearly two decades is digital closings. Much like efforts to achieve full self-driving vehicles, the road to achieve full digital closings has been bumpy. In Japan, the word for “improvement” is kaizen. E-mortgage volume spikes. Find out what those are here.

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Closing Title Technology Land 468

Housing Wire

JUNE 1, 2022

One avenue to reduce cost and streamline the closing process is to offer digital closings. Lenders and title agents also reported they can close more loans faster with the same or fewer people, and improve overall loan quality by reducing critical errors, avoiding missed signatures and unnecessary rework. About half of U.S.

Closing 435

Closing Title Loans Technology 435

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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Title Technology Industrial Development 408

Housing Wire

APRIL 15, 2024

Last week’s above-consensus inflation figures brought the mortgage market back to a sour reality: The average 30-year fixed mortgage rate, an index closely watched by industry experts, may be close to or even above the 7% level for longer than previously expected. Last week, the U.S. in March compared to a year earlier.

As-is 482

As-is Industrial Mortgages Loans 482

Housing Wire

MARCH 25, 2021

Maxwell claims the loans on the platform close 50% faster than the national average. The post Digital mortgage startup Maxwell lands $16M in Series B appeared first on HousingWire. It’s a big market they’re targeting, too: community lenders represent 50% of $4 trillion U.S. mortgage market. Presented by: Sutherland.

Land 448

Land Mortgages Lending Loans 448

Housing Wire

NOVEMBER 1, 2024

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. 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.

Agents 448

Agents Brokerage Purchase and sale agreement Commercial 448

Housing Wire

DECEMBER 10, 2024

These companies bring in transplants who move for work, and homebuilders have flocked to the area to provide additional housing on more available land. Sandi Wethington, an eXp Realty agent, said she recently participated in a transaction where the seller installed a new septic tank and a new roof to get the deal closed.

Marketing 370

Marketing Land Sales Mortgages 370

Housing Wire

JULY 17, 2023

housing market could have a soft landing in 2023. Any time you use the phrase “soft landing” it should come with a trigger warning because some folks get really angry hearing it. But, I think it’s pretty indisputable now that we got a soft landing. This is what a soft landing looks like. So right now — soft landing.

Land 369

Land Marketing Sales Mortgages 369

Housing Wire

FEBRUARY 12, 2025

Buyer after closing Dear (Buyer Name), It was a pleasure working with you! Co-broke agent after closing Dear (Agent Name), It was a pleasure working with you on the sale of (Address)! Lender/attorney after a tough closing Dear (Vendor), I know this wasnt an easy one, but thank you for all your help getting us to the closing table.

Agents 359

Agents Closing As-is Land 359

Housing Wire

MARCH 12, 2025

The plan is designed to help agents close more business. At the end of 2024, the brokerages agent count had increased by 21% compared to one year earlier, landing at about 14,300. On Fathom Holdings ‘ fourth-quarter 2024 earnings call on Wednesday, CEO Marco Fregenal mentioned a new revenue-sharing model that will launch soon.

Agents 307

Agents Brokerage Title Land 307

Housing Wire

AUGUST 5, 2024

Despite the seemingly common occurrence of seller impersonation fraud, 46% of respondents reported that it was at least “somewhat common” to catch fraud attempts before closing, while 26% said it was more common to catch fraud after closing. Seller impersonation fraud is on the rise.

Title 501

Title Land Closing As-is 501

Housing Wire

DECEMBER 7, 2024

(Image generated by AI in Midjourney) There are two particular ways for people to interpret the phrase silver tsunami in the context of an aging population’s impact on housing. The first is related to the demographic trends playing out across the U.S., The second is in reference to housing inventory. housing shortage.

Closing costs 370

Closing costs Land Construction Marketing 370

Housing Wire

JANUARY 16, 2025

The standard of living of the average American has to decline, he said. I don’t think you can escape that. These were the words of Federal Reserve Chairman Paul Volcker as he testified before Congress in October 1979. Inflation was 13%. Volckers predecessors, Arthur Burns and William Miller, had failed to control prices. Thatwasnt a one-off.

Bankruptcy 370

Bankruptcy Land Mortgages Principal 370

Housing Wire

MARCH 19, 2025

I had just landed in Mexico when my phone started blowing up. A title company had a question about closing documents. A client needed to see a house and of course they needed to see it immediately. Another agent was asking for an open house on the condo for the 3rd weekend in a row. This is the future of real estate.

Marketing 335

Marketing Agents Title Land 335

Housing Wire

JUNE 21, 2022

There has been a great deal of innovation around purchasing homes, making credit available, and closing real estate transactions. Low claims ratios are a testament to the work our agents do to eliminate items prior to closing. Discounts also may be available if using the same lender that issued the original loan.

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Title Title search Land Due diligence 518

Housing Wire

OCTOBER 25, 2022

The Consumer Financial Protection Bureau (CFPB) has worked with trade organizations such as the American Land Title Association (ALTA) to create educational videos to inform stakeholders of the risks of wire and title fraud and what to look for in email communications. The panel focused on how to get ahead of the risk.

Title 370

Title Closing Land Agents 370

The Close

NOVEMBER 12, 2024

Buying vacant land can be a wise investment with great returns if you plan carefully and understand what’s involved. While land can be a relatively cheap and low-effort investment compared to a house, making money from it might be trickier. Check access: Make sure you have legal access to the land. Let’s get into it!

Land 98

Land Investor Finance Development 98

Housing Wire

DECEMBER 9, 2021

The American Land Title Association saw a 32.5% Today, borrowers expect to close fast. A small issue within the title process can have an impact on the length of the closing process, impacting mortgage lenders and borrowers. Learn about the tools lenders should leverage to streamline home equity title and closing.

Title 459

Title Industrial Land Closing 459

Housing Wire

OCTOBER 27, 2023

The American Land Title Association, alongside our real estate industry partners, are committed to making transactions easier for everyone through consumer education efforts. Using Home Closing 101, consumers can contact local title agencies to compare rates and find a company that feels like the best fit for them.

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Title Title search Land Closing 511

Housing Wire

JANUARY 28, 2025

Private credit now has taken over and replaced the banks in facilitating much faster than bank-closed financing, and providing competitive terms and rates to those borrowers Wolak: Real estate investors are responsible for about one-quarter of all home sales. Apollo has 16 lending platforms in the U.S.

Residential 364

Residential Lending Finance Banks 364

Housing Wire

JUNE 26, 2023

Digital mortgage exchange and loan aggregator MAXEX announced on Monday it closed an equity investment round and partnerships to expand liquidity amid the recent market volatility. Terms of the transaction were not disclosed. Several of MAXEX’s existing investors, including J.P.

Equity 370

Equity Land Investor Loans 370

Housing Wire

JANUARY 31, 2023

Lack of inventory is an issue builders and mortgage loan originators alike are dealing with across the nation. It’s also what keeps Andrew Marquis, regional vice president at CrossCountry Mortgage and Scotsman Guide ’s seventh top LO, up at night, especially as he sees more buyers entering the market. That’s our biggest issue in Boston.”

Loans 418

Loans Pre-approval Closing Marketing 418

Housing Wire

APRIL 5, 2022

Actual” real estate is defined as property consisting of land or buildings, and everything that is permanently attached to the land. Actual” real estate is defined as property consisting of land or buildings, and everything that is permanently attached to the land. Defining virtual real estate. Lending is lending.

Mortgages 532

Mortgages Lending Land Loans 532

Housing Wire

FEBRUARY 27, 2025

Ill teach you how to write a real estate listing description, plus share some creative real estate listing description examples. Why is a good listing description important? While the key statistics about a property will be available to buyers in the real estate listing description, residential buyers tend to shop with their emotions. Start writing!

Renovation 387

Renovation Agents MLS Equity 387

Housing Wire

AUGUST 13, 2024

The American Land Title Association is making it clear that it won’t have the Consumer Financial Protection Bureau making drastic changes to title insurance without first at least hearing the trade groups thoughts on the issue. In a 15-page letter sent to CFPB Director Rohit Chopra on Aug.

Title 468

Title Mortgages Land Closing costs 468