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Opinion: Why aren’t more commercial brokerages seeking affiliated arrangements?

Housing Wire

So why aren’t more commercial real estate (CRE) entities – investors , principals, banks, law firms or developers – seeking the same? Market conditions have certainly trended downward for residential or commercial real estate. Right now, we’re generally seeing more mixed-use developments and multifaceted commercial projects.

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‘There will be bank failures,’ Fed chief tells lawmakers

Housing Wire

banks to fail in the coming months because of declining values and defaults in their commercial real estate loan portfolios. We have identified the banks that have high commercial real estate concentrations, particularly office and retail and other [property types] that have been affected a lot,” Powell said. “We FDIC), banks held $2.78

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University Bank adds four reverse mortgage veterans to its HECM division

Housing Wire

Certifications, reverse posture Haviland and Droge have certified reverse mortgage professional (CRMP) designations from the National Reverse Mortgage Lenders Association (NRMLA). Obviously we have a forward lending division, we have the reverse mortgage lending division and a commercial panel, as well as an insurance company.

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Service provider LERETA appoints new CTO 

Housing Wire

In his new role, Bledsoe will be responsible for the company’s technology innovation, design, infrastructure, application management and data service offerings. LERETA is a financial services company that offers a suite of nationwide real estate tax services for residential and commercial mortgages.

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Polly announces AI integration into its pricing engine

Housing Wire

The PPE system is native to the cloud and is described by the company as “commercially scalable” through a series of customizable options. Lyra Waggoner , chief information officer at Movement Mortgage, noted that the LO co-pilot allows the company’s loan officer corps to reduce administrative work and find optimal products for clients.

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Global DMS transforms appraisal management software

Housing Wire

Finding an appraisal management software for real estate and commercial that works the way each individual lender does is difficult – usually resulting in time-consuming configurations, development work and training. In fact, Global DMS has onboarded a lender that uses both commercial and residential in just under 30 days.

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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

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.

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