Housing Wire

JULY 18, 2024

Kasal has over 25 years of experience in the real estate industry and has worked in roles across brokerage operations including program management, team development, market research and analysis, sales management, revenue generation, commercial real estate, new development marketing and vendor management. “We

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Housing Wire

SEPTEMBER 25, 2024

However, the industry is approaching this cycle with caution. loanDepot’s focus is on the sales side, attracting experienced loan officers (LOs) and people who want to join the industry via its accelerated career in effective sales (ACES) program. The number of loans closed per production employee rose to 2.2 in Q2 2023.

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Industrial Mortgages Loan Officer Loans 458

Housing Wire

OCTOBER 2, 2024

Department of Housing and Urban Development (HUD), addressed industry attendees at the National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo in San Diego last week. By 2022, the numbers were close to 85,000 to 87,000 sessions, but recent challenges have affected those numbers.

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Industrial Mortgages Finance Development 427

Housing Wire

JULY 22, 2024

Since starting his career in the real estate industry more than five decades ago, Dave Liniger , the co-founder of RE/MAX , has seen and experienced quite a bit of change and innovation. If you look at the last 50 years of the real estate industry, the rules around residential transactions have become very complex.

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Housing Wire

SEPTEMBER 3, 2024

and an equity research analyst — joins hosts James Dwiggins and Keith Robinson to chat about last month’s major changes for the real estate industry. Following that point, Dwiggins brings up potential agent attrition in the industry. The trio discuss the major companies that are thriving in the post-Aug.

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Housing Wire

SEPTEMBER 20, 2024

Kevin Wilzbach : Without question, the growth in the use of AI and particularly GenAI has been transformational for the banking industry. Kevin Wilzbach: While the industry awaits relief in the form of interest rate reductions, there’s no quick fix to the associated high costs of housing in the near term.

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Housing Wire

OCTOBER 16, 2024

Prospective borrowers are required to attend a HECM counseling session with a HUD-certified counselor prior to closing their reverse mortgage. By serving on this committee on behalf of the reverse mortgage industry, I feel that I will be able to bring forward what issues our seniors face daily.”

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Industrial Banks Lending Equity 428

Housing Wire

SEPTEMBER 20, 2024

Typically, we would close out with our business meeting, but this year we’re embedding it into the first afternoon. Clow: Is there anything I haven’t asked you about that you think our industry audience should keep in mind? Clow: NRMLA also conducts a business meeting for its own affairs during the event.

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Industrial Mortgages Loan Officer Lending 464

Housing Wire

DECEMBER 20, 2024

The state of leadership in the mortgage industry When people say, Theres no such thing as a perfect company, are they really acknowledging an inherentflaw or are they feeling the void left by inadequate leadership? Loan officers are often rewarded for their independent drive, ability to close deals, and focus onindividual success.

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Industrial Loan Officer Mortgages Loans 349

Housing Wire

DECEMBER 2, 2024

Movement is constant in the mortgage industry. The second article deals with movement marked by mergers and acquisitions within the industry. In addition, mergers and acquisitions within the industry are subject to regulatory scrutiny by various governmental agencies, a reality that must be factored into any transaction.

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Industrial Mortgages Branding Loans 396

Housing Wire

SEPTEMBER 11, 2024

In an email to partners on Tuesday, ICE said that it will be closing down the Encompass SDK (Software Development Kit) on the same day it sunsets the program’s Technology Partner Network, Total Quality Loan Services, PSDK and ePass. 31, 2025, which will modernize the mortgage market even if some vendors have to go kicking and screaming.

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Industrial Mortgages Technology Development 458

Housing Wire

NOVEMBER 18, 2024

Department of Housing and Urban Development (HUD) on Monday announced a proposal to shift its Title I home loan programs to the use of the Uniform Residential Loan Application (URLA) that would more closely align them with broader industry standards.

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Housing Wire

OCTOBER 31, 2024

With October being Cybersecurity Awareness Month, it is important that the real estate industry and consumers speak up and spread the word about how to prevent these real estate cybercrimes. In addition to education, industry mitigation efforts are working.

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Housing Wire

JULY 12, 2024

CAR President Melanie Barker told association members in a statement that they needed to pay particularly close attention to one change — the removal of a listing broker’s offer of compensation, the thorny issue at the center of the nationwide lawsuit against NAR. Their whole intent seems to be to bully the industry.

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Housing Wire

OCTOBER 22, 2024

Artificial intelligence (AI) has become a hot topic across every facet of life, including the real estate and title industries. Marketing Marketing is essential for building awareness and staying competitive in the title industry, yet many professionals struggle to find the time. Feeling overwhelmed by all the AI talk?

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Housing Wire

OCTOBER 29, 2024

So, when many in the real estate industry correctly anticipated changes to the agent commission structure — which were solidified by the National Association of Realtors’ (NAR) settlement following the jury verdict in the Sitzer/Burnett lawsuit nearly a year ago — there was quite a bit of fear about how first-time buyers would be impacted.

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Marketing Agents Closing costs Industrial 448

Housing Wire

OCTOBER 18, 2024

Furthermore, after a few years of economic upheaval in the mortgage industry, Jacobson says that creating a culture of freedom and inclusivity is more important than ever for Fairway’s continued success. He explains that speed and customer service rule every aspect of business, including the mortgage industry.

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As-is Loan Officer Loans Mortgages 442

Housing Wire

JULY 2, 2024

While many had hoped the Department of Justice’s interest in the real estate industry would wane with the business practice changes outlined in the National Association of Realtors’ commission lawsuit settlement agreement , that is clearly not the case. They’ve got the real estate industry on the ropes.

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MLS Industrial Brokerage Closing 467

Housing Wire

OCTOBER 7, 2024

In the modern mortgage landscape, quality control (QC) stands as a critical pillar supporting the industry’s integrity and stability. The holistic approach: A paradigm shift in quality control The traditional view of QC as a post-closing audit function is rapidly becoming obsolete.

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Lending Mortgages Technology Loans 459

Housing Wire

SEPTEMBER 9, 2024

The mortgage industry has complained loudly and often that government regulation and investor requirements are contributing to spiraling costs that get passed on to consumers. We’re also looking at identifying ways to jumpstart competition in certain closing cost categories, which can also help spur more activity.

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Mortgages Closing costs Title Technology 476

Housing Wire

OCTOBER 7, 2024

The entities will seek to find potential solutions for closing the racial homeownership gap. The new initiative comes in the form of a group called the “CONVERGENCE Collaborative,” which is a “coordinated effort to identify and develop solutions to help close the racial homeownership gap,” according to an announcement published by MBA. “The

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Title Land Lending Mortgages 432

Housing Wire

OCTOBER 23, 2024

Neil Pierson: Given that other major lenders like Rocket and UWM have recently launched AI-based business initiatives, does it feel like this is only the tip of the iceberg for some major industry shifts in speed and costs? Do you closely analyze your competitors on major projects like this and, if so, what have you learned in this instance?

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Mortgages Technology Loans Development 435

Housing Wire

OCTOBER 8, 2024

The duo explore strategic negotiation skills in the modern real estate market and best practices for agents in adapting to the new rules mandated by the industry-changing settlement from the National Association of Realtors (NAR). To close the conversation, De Grote speaks to the versatility of the industry.

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Housing Wire

MARCH 3, 2024

Given record exposure to first-time homebuyer loans, it’ll be worth watching the performance of this cohort very closely moving forward, particularly for those invested in 2023 agency MBS,” said Walden. Mortgage rates have averaged close to the 7% mark as of Feb. 29 following a series of positive economic data.

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Housing Wire

NOVEMBER 30, 2024

Dwiggins: Since we started the company back in 2014, we were always looking to try and be a little bit different from the rest of the industry, in the sense of it wasn’t about having tons of agents. It was about the quality of the people who shared sort of the same vision for the industry. A lot of companies have banned that.

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Housing Wire

DECEMBER 6, 2024

The company announced the recruitment of Phoenix -based agent Joshua Smith, a high producer who closed 297 transactions in 2023. ” Smith echoed Parjea’s excitement and referenced their 13-year history in the industry. Brokerage giant eXp Realty is adding a superstar agent to its ranks.

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Housing Wire

JULY 29, 2024

The data includes total originations of open-ended home equity lines of credit (HELOCs) and closed-end home equity loans. Marina Walsh, MBA’s vice president of industry analytics, explained that the low-level increase was due to a slowdown between application and closing. billion per company in 2023, compared with $2.1

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Equity Lending Loans Renovation 440

Housing Wire

OCTOBER 18, 2024

The mortgage industry today demands speed, accuracy, and satisfied customers. They’ve built a digital platform that brings together loan origination , closing, servicing, and data analysis into an all-in-one mortgage solution. Increased efficiency : Automation is key, helping lenders close loans faster and work smarter.

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Technology Mortgages Marketing Loans 429

Housing Wire

OCTOBER 1, 2024

With interest rates trending downward and refinances picking up, the industry is preparing for an upswing. However, the most recent ACES Mortgage QC Industry Trends Report found critical defect rates jumped up in the first quarter (Q1) of this year.

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Loans Pre-approval Marketing Staging 416

Housing Wire

NOVEMBER 4, 2024

As a real estate reporter, it was not lost on me that the formal start of my house hunt would coincide almost perfectly with the real estate industry working through the nationwide implementation of the business practice changes outlined in the National Association of Realtors ‘ (NAR) commission lawsuit settlement agreement.

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Purchase and sale agreement Inspection contingency Inspection Title 435

Housing Wire

OCTOBER 16, 2024

So, we began exploring a new securities program — what we and the industry have been calling ‘HMBS 2.0.’ we’ve consulted closely with issuers and industry experts to identify the needs of the market and get their input.” Sam Valverde Industry reaction following the release of the term sheet has been largely positive.

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Development Industrial Equity Land 447

Housing Wire

AUGUST 22, 2024

If you’ve been listening to the usual industry grifters—masquerading as experts—you might think so. As industry leaders, we’ve heard dire predictions and seen elaborate solutions. As industry leaders, we’ve heard dire predictions and seen elaborate solutions. The predicted Realtor apocalypse never happened.

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Industrial Agents Inspection As-is 475

Housing Wire

JULY 16, 2024

Solex ® Solex ® delivers an end-to-end digital mortgage closing solution, integrating eDelivery, eSign, eClose, eVault, and more, to streamline transactions, boost efficiency, ensure compliance, and enhance the experience for lenders, borrowers, and settlement agents.

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Closing Industrial Mortgages Agents 425

Housing Wire

NOVEMBER 6, 2024

The mortgage industry is now bracing for additional hikes from the credit reporting bureaus and other companies downstream of FICO. “At Wehmann added that, after the change, “FICO’s share will remain only approximately two-tenths of one percent” of the total average closing costs of $6,000. ” “At $4.95

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Closing costs Mortgages Industrial Lending 418

Housing Wire

JULY 12, 2024

The latest 2023 Home Mortgage Disclosure Act (HMDA) data is in, and it confirms a few key trend lines for the mortgage industry: there was significantly less interest in mortgage loans in 2023, and fewer banks thought it worth participating in the market. million were closed-end (e.g., This is a 14.6% Among them, 7.7

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Marketing Lending Banks Loans 443

Housing Wire

JULY 11, 2024

Opteon, a leader in the appraisal and property valuation industry, utilizes their tech-enabled service fulfillment to streamline and enhance the appraisal process. Advanced data collection: The future of appraisals Data collection is a cornerstone of Opteon’s strategy to revolutionize the valuation industry.

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