Housing Wire

FEBRUARY 19, 2025

Ill share everything you need to keep the homebuying process running smoothly from your first meeting to closing and beyond. From choosing a property to navigating the closing process, youll need to do a deep dive into their wants, needs, and deal breakers. Think of this as building a roadmap for their homebuying journey.

Closing 372

Closing Due diligence Earnest money deposit Pre-approval 372

Housing Wire

MARCH 14, 2025

TD Bank confirmed to American Banker that it intends to close 38 branches in 10 states and Washington, D.C. And a recent bulletin from the Office of the Comptroller of the Currency (OCC) show that Flagstar Bank is closing 24 branches in five states. The affected TD branches will close by June 5, the bank said.

Banks 365

Banks Closing Finance Mortgages 365

Housing Wire

NOVEMBER 11, 2024

New York-based digital mortgage lender Better.com launched a streamline refinance loan product on Monday that aims to help military veterans and service members save money on long-term interest expenses and closing costs. The upfront closing costs can be rolled into monthly payments or waived, if a borrower has a qualifying disability.

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Closing costs Loans Closing VA loan 368

Housing Wire

MARCH 11, 2025

Over the last eight years, Abraham Sarway has parlayed calculated risks like this one into running a team that closed $100 million in volume in 2024. To this day, my team and I are still working in the South Bronx, even though we regularly close deals on luxury units in Manhattan.” Hes 26 years old.

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Closing Agents As-is Residential 317

Housing Wire

MARCH 3, 2025

Roughly 10 months after it first announced the planned deal, CoStar Group said Friday that it has completed its acquisition of 3D digital mapping technology firm Matterport. CoStar paid $1.6 billion for the acquisition.

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Closing Residential Technology Commercial 311

Housing Wire

JANUARY 23, 2025

Tom closed over $17 million in volume in his second year in real estate. The local competition in Charlotte was fierce, and with only a handful of closed deals, he knew he couldnt compete with experienced agents. To say it worked would be an understatement. He didnt want to throw good money after leads he would struggle to convert.

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Closing Agents Branding As-is 370

Housing Wire

APRIL 1, 2025

Today, A&D Mortgage announced the official closing of its acquisition of the wholesale and non-delegated correspondent mortgage business from Mr. Cooper Group. Cooper Group is once again making headlines. The company is also welcoming an expanded network of over 8,500 broker partners through the acquisition.

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Closing Mortgages Lending Banks 221

Housing Wire

OCTOBER 25, 2024

Novaprime is starting with post-close quality control functions and working backwards. Miami-based Novaprime utilized smart contracts that conform to MISMO standards and extract all the loan data and compare it to source data of documents as well as agency eligibility, all in real time.

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Loans Investor Closing Lending 435

Housing Wire

MARCH 31, 2025

Rocket said the the transaction is expected to generate $100 million in additional pre-tax revenue from higher recapture rates and attaching its title, closing and appraisal services to Mr. Coopers existing originations. The deal is expected to close in the fourth quarter of 2025.

Finance 468

Finance Title Mortgages Equity 468

Housing Wire

MARCH 13, 2025

This shift is further underscored by a new analysis showing that agents taking at least 15 listings per year achieve significantly higher proficiency in converting listings to closings. Conversely, those surpassing this threshold demonstrate mastery in converting listings into closed deals. annual production 15 listings/year 64.7%

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Agents Brokerage Closing Residential 349

Housing Wire

NOVEMBER 13, 2024

While seasonal factors may slow things down briefly, we’ll be watching closely to see how these recent dynamics affect the market in the coming year.” California (one in 3,152) and South Carolina (one in 3,272) followed closely behind. Cleveland (one in 2,186) and Fresno, California (one in 2,247) followed close behind.

Real-estate owned 448

Real-estate owned Mortgages Closing Banks 448

Housing Wire

MARCH 10, 2025

The deal, which has been approved by the boards of directors of both Rocket Companies and Redfin, is expected to close in the second or third quarter of 2025. Today, Rocket Companies announced it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction valued at $1.75 billion in equity.

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Purchase and sale agreement Pre-approval Brokerage Equity 482

Housing Wire

NOVEMBER 15, 2024

Chicago’s offerings include doorbuster deals on Quick Move-In homes, which reduce pricing up to $93,850 if the home closes this year. In Charlotte , borrowers to lock in a lower rate on select Quick Move-In homes that can close by the end of the year. The home builder’s holiday incentives range by location.

Fixed-rate mortgage 418

Fixed-rate mortgage Closing costs Residential Finance 418

Housing Wire

MARCH 13, 2025

That deal is expected to close in the second or third quarter of 2025. That deal is expected to close in 2025, with Compass paying with $150 million in cash and 44 million shares of its Class A common stock. billion in equity. Compass has been active participant in the M&A world.

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Purchase and sale agreement Brokerage Equity Development 397

Housing Wire

OCTOBER 25, 2024

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! TD: DSCR loans are one of the easiest and quickest loans to close.

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Investor New Construction Construction Loans 448

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

MARCH 4, 2025

The takeaway from the pending sales numbers is that it takes roughly 35 days on average for sales to close, so homes in contract now will generally close in March, Simonsen wrote. Simonsen noted that the 60,000 pending sales of single-family homes are down 3% year over year even as the 639,000 homes available for purchase are up 28%.

Mortgages 484

Mortgages Sales Finance Closing 484

Housing Wire

OCTOBER 29, 2024

Bryan VantHof, a member of the RE/MAX Advantage Plus -brokered The Minnesota Real Estate Team , also believes the amount the seller nets is central to getting a deal closed. Per the settlement, the agreement must outline how much the buyer broker will be compensated — pending the successful closing of a transaction.

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Marketing Agents Closing costs Industrial 448

Housing Wire

MARCH 27, 2025

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. “By embedding this technology, were making our homebuyer funnel even stickier keeping borrowers engaged from financial preparation to closing.

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Mortgages Loan Officer Technology Loans 326

Housing Wire

DECEMBER 18, 2024

This sector is closely tied to the overall economic cycle and tends to show patterns before every recession observed in recent modern history. As 2024 comes to a close, the Fed has managed to overlook these issues for another year due to the factors mentioned above. We will soon find out.

Construction 511

Construction Residential Sales Mortgages 511

Housing Wire

DECEMBER 9, 2024

After many years of serving consumers, EasyKnock has closed its doors, a message on the companys website states. In February 2024, the company closed a $28 million Series D funding round from new and existing investors, including Gaingels , Moderne Ventures , QED Investors and Zillow co-founder Spencer Rascoff.

Equity 370

Equity Investor Residential Closing 370

Housing Wire

OCTOBER 22, 2024

For title professionals who must manage property records, closing statements and other critical documents, this time adds up. SoftPro is committed to delivering superior solutions to the real estate title, closing and escrow industry. So, always double-check any AI-generated communication for accuracy.

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Title Industrial Technology Closing 448

Housing Wire

MARCH 12, 2025

at the close of the market on March 11 to $17.89 But by the markets close that evening, the share price rose to $21.75. The companys dedication to expanding the availability of its proprietary closed-end second-lien reverse mortgage, HomeSafe Second, also saw a sharp increase to its distribution. at the opening bell on March 12.

Finance 394

Finance Equity Mortgages Closing 394

Housing Wire

FEBRUARY 3, 2025

Company Name Company Website Markets Served Company HQ MMI mmi.io/ Loan Origination Cottonwood Heights, UT Paradatec paradatec.com/ Loan Origination, Servicing, Secondary and Closing Wilmington, DE Outamation outamation.com/ Servicing Southlake, TX Orion Lending orionlending.com/ Loan Origination Orange, CA Optimal Blue www2.optimalblue.com/

Mortgages 417

Mortgages Title Lending Loans 417

Housing Wire

DECEMBER 5, 2024

Without accountability, even the best leads won’t translate into closed deals. Step 6: Focus on customer experience to build loyalty A great customer experience not only closes deals but also creates lifelong clients who bring in referrals and repeat business. Personalize follow-ups to maintain relationships long after closing.

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Development Technology Closing Agents 370

Housing Wire

DECEMBER 27, 2024

Fleet Homes Real Estate Team – Keller Williams Real estate teams are comprised of real estate agents and other professionals working together towards one common goal to close deals. Depending on the team’s structure, agents can work closely together or independently. Teams are led by a team leader.

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Purchase and sale agreement Branding Agents Closing 418

Housing Wire

NOVEMBER 4, 2024

Angela is the 11th-ranked agent in the state by sales volume, closing 38 sides and $29.82 For this, I turned to New Hampshire-based Cohen Closing & Title , where another cousin is the director of business development. million in volume in 2023, according to RealTrends Verified data.

Purchase and sale agreement 435

Purchase and sale agreement Inspection contingency Inspection Title 435

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.

Debt-to-income ratio 431

Debt-to-income ratio Loans VA loan FHA loan 431

Housing Wire

OCTOBER 22, 2024

The company announced the addition of the Maine -based Realty ONE Group, a 36-agent team that has closed 338 transactions totaling $128 million in sales volume so far this year. The 21-agent team closed 211 sides for a total volume of $126 million in 2023. eXp Realty continues to add agents and teams at a fast clip.

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Agents Residential Technology Development 433

Housing Wire

MARCH 30, 2025

As always, you have to examine the data closely before concluding anything on the internet. These loans pertain to multifamily mortgages, which are used for commercial properties with five or more units, such as apartment buildings.

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Fixed-rate mortgage Bankruptcy Loans Commercial 538

Housing Wire

MARCH 20, 2025

Blue Ridge confirmed that the transaction is expected to close by the end of the first quarter, subject to customary closing conditions. “The decision to exit our mortgage banking division was an additional step in our strategy to refocus our efforts on community banking in our primary geographical footprint,” G.

Banks 329

Banks Purchase and sale agreement Mortgages Residential 329

Housing Wire

DECEMBER 19, 2024

million sales in 2025, a number that is close to the current rate of 4.15 The existing-home sales report comes as major real estate companies are releasing their forecasts for the 2025 housing market. HousingWires forecast , penned by Lead Analyst Logan Mohtashami and Altos Research President Mike Simonsen, project 4.2 million by NAR.

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Sales Land Industrial Closing 459

Housing Wire

JANUARY 24, 2025

And about 10% of the total share of complaints were related to issues with loan closings. The overwhelming majority of complaints (98%) were responded to in a timely manner, and a similar share were closed with explanation. Only one complaint was closed with monetary relief for the complainant.

Mortgages 417

Mortgages Bankruptcy Short sale Loans 417

Housing Wire

FEBRUARY 3, 2025

The last thing a buyer wants is to find out after the deal closes that the founder of the business registered a name or trademark in their own name and never properly assign it to the company. Patent & Trademark Office. A buyer wants the right to use those names and marks with superior title from the rest of the world.

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Due diligence Purchase and sale agreement Industrial Mortgages 418