Housing Wire

JULY 15, 2022

Mortgage brokerage Edison Mortgage, which works with more than 50 lenders, reached $1 billion (CAD) in annualized submitted volume in March 2020, according to the firm. The post Canadian mortgage brokerage takes Rocket Mortgage name appeared first on HousingWire.

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Housing Wire

NOVEMBER 5, 2024

During an earnings call, executives told analysts that loanDepot is seeking more JVs with builders, real estate brokerages and retail lenders across the country. In August, loanDepot added a first-lien home equity line of credit (HELOC) to its product suite, enabling homeowners without a mortgage to borrow from their home equity.

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Purchase and sale agreement Equity Loan Officer Principal 397

Housing Wire

JULY 12, 2021

The company, which is expected to go public later this year, has agreed to acquire United Kingdom-based digital mortgage brokerage Trussle. Terms of the deal were not disclosed, but the Financial Times reported that SoftBank -backed Better bought Trussle for a “cut-price,” one that values the mortgage brokerage at just $9 million.

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Brokerage Mortgages Loan Officer Banks 448

Housing Wire

APRIL 26, 2022

Bough’s 41-page ruling does not say either way whether he believes that NAR and the four brokerages conspired to make real estate commissions higher. Local broker marketplaces ensure equity, transparency, and market-driven pricing options for the benefit of home buyers and sellers. NAR appeared first on HousingWire.

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Brokerage Residential Agents Equity 369

Housing Wire

JUNE 19, 2023

In such a market, homeowners are more likely to stay in their homes for longer periods, unless compelled to move due to life-related reasons. Whether you’re on the brokerage or lending side, offering clients something that aligns with today’s narrative is key. Give customers one place to manage their home.

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Technology Mortgages Title Lending 362

Housing Wire

SEPTEMBER 23, 2024

Los Angeles area-based mortgage lender Premier Plus Lending announced last week that it is expanding into the senior-focused home equity market with a new division, Retirement Mortgage Solutions , which will include reverse mortgages and other home equity-based lending instruments.

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Lending Mortgages Equity Loan Officer 445

Housing Wire

JUNE 24, 2021

After years of aggregating behavioral data from homebuyers and homesellers at the largest real estate brokerages in the country, Buyside is proud to announce the launch of their expansion into core & ancillary services by focusing on the homeowner. For more information, visit getbuyside.com or email sales@getbuyside.com.

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Pre-approval Equity Loan Officer Brokerage 402

Housing Wire

FEBRUARY 28, 2021

And with this housing boom will come even more questions from homeowners who want to know their housing options. The company integrates with an existing brokerage website to provide homeowners with three valuations along with insight into the number of real estate buyer leads actively searching for a property just like theirs.

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Brokerage Technology Equity Closing 448

Housing Wire

APRIL 22, 2024

My name is (your name), and I’m a licensed real estate professional with (your brokerage). I would be happy to give you an equity analysis and let you know how much equity you have in your home. For letters, use the template below: Dear (first name), I’m (your name), a real estate professional with (brokerage).

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Brokerage Investor Agents Sales 460

Housing Wire

APRIL 9, 2021

Residential brokerage and mortgage lender William Raveis is buying its clients’ homes across New England, the tri-state area and Florida. Once the home sells, the homeowner receives the full proceeds. Every deal is different – the amount of equity they forward and the fee that they charge for the service.

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Equity Brokerage Mortgages Title 435

Housing Wire

JUNE 29, 2022

The fintech also will offer additional loan products, including home equity lines of credit (HELOCs), new purchase loans and cash-out refinancings. “A The funding comes shortly after Knox launched its first mortgage product, dubbed the Knox equity access program (KEAP), in April. Presented by: ServiceLink.

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Loans Equity Lending Title 370

Housing Wire

APRIL 1, 2024

The accumulation of home equity has propelled many Americans towards financial security, with homeowners currently sitting on nearly $30 trillion of wealth, according to the St Louis Fed. It is not only homeowners who have benefitted from America’s robust housing market , so have a slew of small businesses.

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Equity Agents Land Industrial 493

Housing Wire

SEPTEMBER 15, 2020

The company said the transaction will allow Opendoor to continue to invest in growth, market expansion and new products to accelerate its overall plan to become a digital one-stop-shop for homeowners. “We Opendoor also launched a brokerage last month. We created the IPO 2.0 “The Company is transforming the $1.6

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Equity Residential Brokerage Technology 399

Housing Wire

JULY 27, 2022

PunchListUSA has now raised more than $49 million in equity capital since its inception in 2018. . Sweetwater Private Equity and Morpheus Ventures led the latest funding round with additional investors including Home Depot Ventures , Second Century Ventures and Palm Drive Capital.

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Inspection Renovation Equity Investor 397

Housing Wire

MARCH 19, 2021

“We let homeowners choose their closing date and stay in the home after the closing through a rent back, so that they only have to move once.” “We’re the only nationwide brokerage in the [Baltimore and Washington D.C. “We’re the only nationwide brokerage in the [Baltimore and Washington D.C.

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Marketing Rent back Equity Brokerage 435

Housing Wire

MARCH 20, 2024

The ripple effect: Fewer buyers, declining equity As indicated earlier, introducing a system where buyers are solely responsible for their agent’s fees might sound more equitable; however, this change harbors the potential for significant unintended economic consequences.

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Debt-to-income ratio Agents Equity Closing costs 497

Housing Wire

FEBRUARY 1, 2024

To begin, if you did not know, a literal wall was built (with parts of it still standing) to divide white homeowners from Black residents along portions of 8 Mile (yes, Eminem’s track is titled after the notorious street). Less access and opportunity for area homeowners. Nor do these homeowners have the same access to local services.

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Lending Equity Development Loans 435

Inman

OCTOBER 3, 2023

In a separate announcement, San Diego-based fintech announces launch of new real estate brokerage, Splitero Homes, to help homeowners in four states "sell for the highest price."

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Equity Brokerage Mortgages 192

Housing Wire

JUNE 14, 2022

It’s worth monitoring the trends with credit scores, but equity gains homeowners saw over the past two years are a good buffer for riskier loans, Happ added. An average borrower has seen a gain of $63,000 in the first quarter of this year, a 32% increase year over year, according to CoreLogic’s report.

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Equity Lending Loans Mortgages 370

Housing Wire

FEBRUARY 24, 2022

But like real estate brokerage Compass , another company significantly financed by the SoftBank Vision Fund , Opendoor has constructed an empirically money-losing business model with little sign of reversing course. Wu declared that Opendoor had an “outstanding” quarter and “Every homeowner in the U.S.

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Title Investor Finance Brokerage 459

Housing Wire

AUGUST 21, 2023

5000 list an impressive five times: Total Expert , which offers CRM and data-driven customer engagement solutions, turning customer insights into actions to increase loyalty and drive growth; and FirstClose , a tech solution provider for HELOC and home equity lenders. 658 in the 2023 Inc. Other established names to make the Inc.

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Equity Technology Investor Residential 370

Housing Wire

OCTOBER 19, 2023

The third day of the highly consequential Sitzer/Burnett class action buyer broker commission lawsuit included a deep dive into the training materials used by various brokerages and the testimony of three of the named plaintiffs. Ellis is a Missouri homeowner and the daughter of a 30-year real estate industry veteran.

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Agents MLS Brokerage Equity 435

Housing Wire

FEBRUARY 16, 2021

million in equity financing and $17.5 UpEquity essentially makes free cash offers but charges interest – currently 2.5% – on the loans it provides to homeowners, who can make an offer on a house without having to go through a bank to get a mortgage. How this real estate brokerage’s unique model generates more profit for agents.

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Loans Equity Mortgages Development 347

Housing Wire

AUGUST 25, 2022

During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. ” Tapping that equity. ” Just a little less vanilla. .

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Mortgages Equity Loans Seller concession 418

Housing Wire

SEPTEMBER 13, 2024

But instead of slashing my commissions, cutting my marketing budget and panicking, I put in the sweat equity to find ways to thrive. How many have significant enough equity gains from the last few years to make trading up to a bigger or better home possible? Is your brokerage going to take less? You got it!

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Agents Branding Equity Design 448

Housing Wire

OCTOBER 11, 2023

Name Job Title Company Name Aaron VanTrojen CEO Geneva Financial Home Loans Abbie Tidmore Senior Managing Director and Chief Revenue Officer Pennymac Adam Kessler CEO Academy Mortgage Baron Silverstein President Newrez Ben Madick Co-Founder and CEO Matic Insurance Bernadette Kogler Co-Founder and CEO RiskSpan Bill Rogers Founder and CEO Homeowners (..)

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Lending Technology Mortgages MLS 488

Housing Wire

APRIL 9, 2024

It found that more people seem to be aware of the potential value that a reverse mortgage could provide for older homeowners, including as a tool to age in place and to provide greater cash flow in retirement. The company will also keep an eye on the regulatory environment, and any potential changes that the U.S.

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Mortgages Equity Brokerage Banks 444

Housing Wire

MARCH 28, 2025

SmartZip uses AI-driven analytics to evaluate homeowner data and consumer behavior to identify who is most likely to be ready to sell their home. Features AI-powered lead generation: AI technology identifies homeowners that are most likely to sell. What does this mean for you?

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MLS Agents Commercial Technology 324

Housing Wire

MARCH 1, 2022

News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). This isn’t a new story in mortgage lending or real estate brokerage. Homeowners deserve it. Hey Clayton …” and a link. We must innovate.

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Technology Brokerage Lending Mortgages 396

Housing Wire

DECEMBER 6, 2021

A San Rafael, California real estate appraiser is being sued for allegedly undervaluing a home by almost 50% because the homeowners are Black. Miller of Miller & Perotti Real Estate Appraisal and AMC Links LLC , an appraisal management company headquartered in Lehi, Utah.

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Development Inspection Mortgages Equity 418

Housing Wire

FEBRUARY 14, 2022

Redfin is a publicly traded company, a nationally recognized listings website and one of the biggest brokerages in the country. Way back in the drab plaid of the 1970s, brokerages often classified agents as employees and offered them health care and pension plans. With a two-year-old, I couldn’t meet the quota,” she said.

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Brokerage Agents Industrial As-is 370

Housing Wire

AUGUST 1, 2023

Cooper Elly Cummings Divisional EVP New American Funding Eloise Schmitz Co-founder and CEO LoanNEX Erika Franks President ACT Appraisal Felecia Bowers Senior Vice President and Director of Compliance and Servicing Homeowners Financial Group Georgia Perez Chief Growth Officer LiveEasy Heidi Mason Executive Vice President and General Counsel Freddie (..)

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Lending Title Mortgages Equity 370

Housing Wire

MARCH 22, 2024

on homeowners who are more likely to sell, thereby optimizing their lead gen strategy. It provides a select list of homeowners most likely to sell in the next 12 months. Tailor your pitch to address the unique needs and challenges of homeowners trying to sell or rent a property on their own. Visit Lofty 5.

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Agents Land As-is Marketing 448

RIS Media

OCTOBER 12, 2021

Whatever the reason, Americans ages 25 to 40 display noticeably different attitudes about tapping their home equity than do older homeowners. On the other hand, only 49% of millennials say they’d tap equity for home improvements, compared with 64% of Generation X and 66% of boomers. A Much Different Rate Picture.

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Equity Loans Mortgages As-is 98

Real Trends

APRIL 25, 2022

Bough’s 41-page ruling does not say either way whether he believes that NAR and the four brokerages conspired to make real estate commissions higher. Local broker marketplaces ensure equity, transparency, and market-driven pricing options for the benefit of home buyers and sellers. NAR appeared first on RealTrends.

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Brokerage Residential Agents Equity 103

GeekEstate

OCTOBER 29, 2021

While record home price appreciation has been a boon to existing homeowners, it increases barriers to homeownership for prospective buyers. Novel real estate agent and brokerage models. Companies like Side , PLACE , Enkasa and Radius are all developing interesting brokerage platforms for agents.

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Technology Marketing Purchase and sale agreement Equity 136

Realty Biz

MARCH 17, 2021

A cash-out refinancing makes it possible for homeowners to swap the equity in their homes for a lump sum of cash. It can often amount to thousands of dollars, depending on the equity the homeowner holds. Altogether, homeowners cashed out $152.7 billion of home equity, the highest amount since 2007.

Equity 114

Equity Renovation Finance Mortgages 114