Housing Wire

JANUARY 11, 2024

Called Clareity Assure, the new, upgraded security platform is available to any MLS concerned about vulnerabilities in its listing data. Security is one of the top issues on the minds of every MLS leader today,” Shaleen Khatod, executive of enterprise strategy and initiatives for CoreLogic , said in a statement.

MLS 443

MLS Title Banks Industrial 443

Housing Wire

SEPTEMBER 30, 2024

New research from the Federal Reserve Bank of Atlanta attempts to answer one question — can my agent get a better sale price on my home than a competing agent? The researchers used MLS data in Charlotte , Minneapolis and Houston between January 2000 and December 2019. The answer is, almost certainly not. The dataset includes 2.3

Agents 488

Agents MLS Finance Sales 488

Housing Wire

OCTOBER 21, 2024

As part of NAR’s mandatory MLS policies, Clear Cooperation requires brokers to list properties on an MLS within one day of publicly marketing the listing. Saul Klein , the CEO of San Diego MLS , began his career in the real estate industry in the 1970s. “I more than their off-MLS counterparts.

MLS 448

MLS Brokerage Industrial Agents 448

Housing Wire

OCTOBER 17, 2023

Pre-foreclosure momentum “If you’re experiencing long-term financial hardship and cannot afford your monthly mortgage payments, selling your home may be the best option,” explains a US Bank video that walks this thin line. She will offer to list the home for sale on the MLS if there is enough time before the scheduled auction.

MLS 434

MLS Short sale Equity Banks 434

Housing Wire

AUGUST 19, 2024

The fact that we are not allowed to disclose buyers’ agent compensation in the MLS doesn’t seem beneficial to the buyer,” said Pettinelli, an agent at Providence, Rhode Island-based firm Churchill & Banks. Why would we not disclose that info in MLS? How is that protecting buyers?” I don’t think that is the case,” Twiss said.

Purchase and sale agreement 476

Purchase and sale agreement Agents MLS Seller concession 476

Housing Wire

JANUARY 25, 2024

The central bank faces the dilemma of potential negative impacts on the economy if the current restrictive policy persists longer and the risk of a dangerous rebound in inflation in 2024 if rates are cut prematurely.” Meanwhile, the Bright MLS forecast for 2024 calls for mortgage rates to decline further this year, reaching 6.2%

Mortgages 448

Mortgages Fixed-rate mortgage MLS Banks 448

Housing Wire

MARCH 16, 2023

million new housing units were started, which is a little higher than the average annual new starts over the past five decades,” Lisa Sturtevant, the chief economist at Bright MLS, said in a statement. Banks, and particularly regional banks, have been under pressure after the recent collapse of Silicon Valley Bank and Signature Bank.

Banks 448

Banks MLS Construction Finance 448

Housing Wire

FEBRUARY 1, 2024

But investors anticipate that the central bank will begin cutting rates this spring. Mortgage rates are also expected to come down this year, according to Bright MLS chief economist Lisa Sturtevant. The Federal Reserve decided to leave its short-term policy interest rate unchanged during its meeting on Wednesday.

Mortgages 486

Mortgages Fixed-rate mortgage MLS Staging 486

Housing Wire

MARCH 1, 2023

Through this API integration, users can populate MLS and non-MLS rate flyers in a short period of time using “real-time, scenario-specific mortgage offers” delivered through Polly’s cloud-native Product and Pricing Engine (PPE), according to a prepared statement.

MLS 361

MLS Loan Officer Technology Loans 361

Housing Wire

JUNE 8, 2022

The monitoring program, covering all 50 states, includes MLS listing data as well as public records from data aggregators. Xactus has more than 6,500 clients, including banks and non-bank mortgage originators, and 12 service centers across the country.

Short sale 366

Short sale MLS Banks Loans 366

Housing Wire

SEPTEMBER 25, 2023

Founded in 2019 by a team of experienced technology and mortgage professionals, Polly is a San Francisco-based provider of mortgage capital markets technology for banks, credit unions and mortgage lenders nationwide. Since its launch in 2019, the California fintech company has raised about $57 million in three rounds of funding.

MLS 392

MLS Technology Lending Mortgages 392

Housing Wire

MARCH 14, 2023

Consumer prices climbed at a slower pace in February, keeping alive the hope that the Federal Reserve may pause the federal funds rate hikes in its meeting next week following the Silicon Valley Bank and Signature Bank failures. But the recent failures of Silicon Valley Bank and Signature Bank have complicated the picture.”

Banks 368

Banks Fixed-rate mortgage MLS Lending 368

Housing Wire

AUGUST 13, 2021

Today it’s over 70% at big banks, and between 95% to 99% for top producers. MLS reinvented. While currently only a theory, Amazon is well-positioned to reinvent the MLS. However, the real threat right now is in the emerging banking-as-a-service. Tech companies can leverage banking as a service and white label it.

Loan Officer 476

Loan Officer Technology Loans Mortgages 476

Housing Wire

JANUARY 6, 2023

According to the latest BLS statistics, mortgage banking companies cut 7,200 jobs in November. Nearly 42,000 jobs have been shed by mortgage banking firms over the last year, according to the BLS. Mortgage brokerages, meanwhile, shed about 2,300 jobs in November.

Marketing 482

Marketing Residential Construction MLS 482

Housing Wire

OCTOBER 11, 2022

The firm has more than 300 lenders, including brokers, independent mortgage companies, credit unions and banks using its services, according to Mortgage Coach. Founded in 1999, Insellerate’s mobile application enables loan officers to work on their files from anywhere, the firm said.

Mortgages 417

Mortgages Loan Officer Loans MLS 417

Housing Wire

JULY 11, 2024

. “There is a notable distinction between ‘moving sustainably toward 2%’ and ‘hitting 2%’, and by using this language, Chairman Powell has escalated expectations that the central bank is almost ready to cut the Federal funds rate,” said Lisa Sturtevant, chief economist of Bright MLS. ”

Banks 351

Banks MLS Mortgages As-is 351

Housing Wire

JUNE 30, 2021

Caliber Reconnect includes MLS Trigger that alerts brokers when a shared borrower’s property has been listed for sale on MLS. Caliber’s Purchase Predictor also sends brokers an alert when a shared borrower is identified to have a high propensity to purchase a new home now, or in the future. Sanjiv Das, Chief Executive Officer.

Lending 397

Lending MLS Loans Renovation 397

Toronto Realty Blog

NOVEMBER 11, 2024

I have never really understood where people get the idea that homes in Toronto routinely sell for pennies on the dollar, or that banks want to “unload” homes once they foreclose. ” Having said that, power-of-sale listings do appear on MLS. ” Having said that, power-of-sale listings do appear on MLS.

Sales 103

Sales MLS Banks Mortgages 103

Housing Wire

APRIL 12, 2023

Consumer price increases cooled further in March, which is welcome news for the Federal Reserve , which made the challenging choice at its March meeting to continue with its federal funds rate hikes despite the failures of Silicon Valley Bank and Signature Bank. The Consumer Price Index (CPI) rose by 5.0% monthly increase in February.

MLS 386

MLS Banks Finance Mortgages 386

Housing Wire

APRIL 11, 2024

This influence is why analysts at investment bank Keefe, Bruyette & Woods (KBW) believe the drama surrounding NAR’s commission lawsuit settlement agreement is far from over.

MLS 486

MLS Industrial Brokerage Banks 486

Housing Wire

MAY 25, 2023

The housing market looks different than it does during a typical spring, when the market is usually in full gear,” Lisa Sturtevant, the chief economist at Bright MLS , said in a statement. Year over year, pending home sales were down 20.3%, an improvement on the 23.3% annual drop recorded in March.

Sales 396

Sales MLS Banks Mortgages 396

Housing Wire

AUGUST 26, 2024

Ryan Tomasello, an analyst at Keefe, Bruyette & Woods , attributes the downward pressure on buyer agent commission to the various changes mandated by the settlement agreement, including mandatory buyer representation agreements and the removal of offers of cooperative compensation from the MLS. “We’ve

Brokerage 511

Brokerage Agents Industrial Banks 511

Housing Wire

AUGUST 21, 2020

While currently the majority of banks are providing deferments for homeowners, many forecast that we will see a rise in the number of foreclosures when these provisions expire,” the company states. “As An on the website itself, RealtyTrac points to the possible uptick on the horizon for foreclosures.

Commercial 420

Commercial MLS Development Branding 420

Housing Wire

DECEMBER 23, 2022

. “Despite the modest uptick in contracts signed on new homes, the housing market remains in a lull, a pattern that likely will continue as we head into January,” Lisa Sturtevant, the chief economist of Bright MLS , said in a statement.

Sales 396

Sales MLS Banks Mortgages 396

Housing Wire

AUGUST 24, 2023

Investors are concerned that the central bank will continue raising the funds rate, pushing borrowing costs even higher. Home sales have been tracking below last year’s levels and are also more than 20% below 2019 totals, noted Bright MLS Chief Economist Lisa Sturtevant. Additionally, former Federal Reserve Bank of St.

Mortgages 370

Mortgages Fixed-rate mortgage Banks Investor 370

Housing Wire

JULY 14, 2022

Most of these reverted REOs are eventually sold via the Multiple Listing Service (MLS). Over the same period (2016 to 2020), the net owner-occupancy rate for FHA foreclosures sold via auction was 57% compared to 50% for FHA foreclosures sold on the MLS. The role of renovators.

Renovation 369

Renovation MLS Investor Loans 369

Housing Wire

APRIL 3, 2024

In a note issued March 15, after the news of NAR’s settlement broke, analysts at investment bank KBW wrote that the companies they expect to be “most negatively impacted include those with buyer agent commission-driven models.” If they both become the de facto MLS, that gives the power to all the portals.”

MLS 464

MLS Residential Agents Industrial 464

Housing Wire

SEPTEMBER 1, 2023

Name Job Title Company Name Aaron Kardell Vice President of Product Lone Wolf Technologies Aayaam Kapoor Vice President of Product and Agency Real Estate Webmasters Amaly Quiroz Vice President of Transaction Operations eXp Realty Amy Gorce CEO REdistribute Andrew Binkley President Constellation Real Estate Group Ankur Bansal President of HomeLight (..)

Technology 475

Technology Title Development Lending 475

Housing Wire

NOVEMBER 13, 2023

Self-paced online Gold Coast School $263 Classroom, livestream, or online MLS Campus Real Estate School $83.88 Self-paced online Gold Coast School $263 Classroom, livestream, or online MLS Campus Real Estate School $83.88 For Math Cram and Exam Prep Master courses, MLS offers a “1 Day Limited Money Back Guarantee Policy.”

Purchase and sale agreement 466

Purchase and sale agreement MLS Pre-approval Agents 466

Housing Wire

OCTOBER 28, 2022

Speakers: Carrie Gusmus, President, CEO, Aslan Home Lending AJ Barkley, head of Neighborhood and Community, Lending Bank of America Charmaine Brown, Vice President of Diversity, Equity, and Inclusion, Finance of America Companies Courtney Graham, Chief Marketing Officer and Chief People Officer, Princeton Mortgage. 03 HWA The Remix: Argyle.

Title 433

Title Lending Finance Development 433

Housing Wire

SEPTEMBER 6, 2024

This is the seventh edition of the private investment bank’s quarterly survey. In light of buyer broker compensation offers being removed from MLSs — and agent frustrations with NAR — more than half of those surveyed said they see less value in the MLS system and roughly 60% said they see less value in being a NAR member.

Agents 440

Agents Brokerage MLS Industrial 440

Housing Wire

JULY 1, 2024

Devon Bevis Senior Vice President Correspondent & Co-Issue Sales Mr. Cooper Dionna Hall Chief Executive Officer Broward, Palm Beaches & St.

Lending 493

Lending Technology Mortgages Equity 493

Housing Wire

MAY 5, 2023

The unemployment rate fell and is now lower than it has been since 1953,” Lisa Sturtevant, Bright MLS’ chief economist, said in a statement. Overall the unemployment rate has shown little net movement since early 2022. Treasuries. Falling mortgage rates would provide more juice to the U.S.

Construction 397

Construction Residential MLS Mortgages 397

Housing Wire

SEPTEMBER 1, 2022

Customer Intelligence by Total Expert also features listing insights, which delivers an alert when a borrower’s home is put on the MLS. Customer Intelligence allows lenders to engage a customer at a time when they are looking for mortgage credit.

Equity 364

Equity Loan Officer Loans MLS 364

Housing Wire

MARCH 29, 2023

Homebuyers have been closely watching mortgage rates, which have been volatile during the first few months of the year,” said Lisa Sturtevant, chief economist for Bright MLS. Overall, contract signings were down 21.1% from February 2022. There’s plenty of reason for optimism, said Lawrence Yun , the NAR’s chief economist.

Sales 321

Sales MLS Construction Banks 321

Housing Wire

MAY 10, 2023

level reported last summer, but inflation is still running far above the Fed’s target rate of 2%,” Lisa Sturtevant, Bright MLS’ chief economist, said in a statement. According to Yun, the Fed’s rate hikes have hurt regional banks and the housing market. “CPI data show that inflation is down significantly from the 9.1%

Closing 396

Closing MLS Residential Construction 396

Housing Wire

SEPTEMBER 7, 2023

The three class action suits Moehrl , Sitzer/Burnett , and Nosalek , named after their lead plaintiffs, take aim at NAR’s Participation Rule , which requires listing agents to make a blanket offer of compensation to buyers’ agents in order to list the property on a Realtor-affiliated multiple listing service (MLS).

Agents 418

Agents Loan Officer Lending Loans 418