Housing Wire

JANUARY 10, 2025

Industry responses to the disaster In its weekly email update to members, the National Reverse Mortgage Lenders Association (NRMLA) advised its members to urge borrowers to immediately contact their servicers. 7, and that the earliest they can close is 14 days after the declaration is made, he said.

Industrial 396

Industrial Mortgages Loans Finance 396

Housing Wire

OCTOBER 31, 2024

A tri-merge report that a couple years ago was $20 is around $60 right now, one industry pro told HousingWire. What the mortgage industry’s been told Despite widespread speculation and hints during company earnings calls, FICO has neither confirmed nor denied that cost increases on credit reporting will affect mortgage lenders in 2025.

Industrial 468

Industrial Mortgages Closing costs Lending 468

Housing Wire

SEPTEMBER 18, 2024

If the past few years have taught us anything, even the veterans must find ways to adapt, and anything can happen in our industry. Earlier this year, I found myself scrolling through social media, and every post seemed to be loan officers living the high life, with what seemed like endless closings, all while hosting event after event.

Industrial 459

Industrial Mortgages Loan Officer Loans 459

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.

Industrial 448

Industrial Mortgages Finance Development 448

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.

Industrial 459

Industrial Mortgages Loan Officer Loans 459

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.

Lending 459

Lending Industrial Mortgages Technology 459

Housing Wire

APRIL 15, 2024

Last week’s above-consensus inflation figures brought the mortgage market back to a sour reality: The average 30-year fixed mortgage rate, an index closely watched by industry experts, may be close to or even above the 7% level for longer than previously expected.

As-is 482

As-is Industrial Mortgages Loans 482

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.

Industrial 448

Industrial Equity Agents Brokerage 448

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.”

Industrial 434

Industrial Banks Lending Equity 434

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.

Industrial 468

Industrial Mortgages Loan Officer Lending 468

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.

Industrial 394

Industrial Loan Officer Mortgages Loans 394

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.

Industrial 459

Industrial Mortgages Technology Development 459

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.

Industrial 397

Industrial Mortgages Branding Loans 397

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.

Title 476

Title Industrial Land Banks 476

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.

Industrial 475

Industrial Closing Agents As-is 475

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?

Title 448

Title Industrial Technology Closing 448

Housing Wire

JANUARY 3, 2025

Reverse mortgage professionals made more inroads into the forward mortgage industry in 2024. Continuing this momentum into 2025 is a priority for many in the reverse mortgage space, according to conversations with leaders at various industry lenders. One key is to bolster connections between a companys forward and reverse divisions.

Mortgages 418

Mortgages Lending Loan Officer Loans 418

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.

Marketing 448

Marketing Agents Closing costs Industrial 448

Housing Wire

OCTOBER 27, 2023

The American Land Title Association, alongside our real estate industry partners, are committed to making transactions easier for everyone through consumer education efforts. Using Home Closing 101, consumers can contact local title agencies to compare rates and find a company that feels like the best fit for them.

Title 511

Title Title search Land Closing 511

Housing Wire

JANUARY 6, 2025

She will work closely with Wright to engage with brokerage leaders and better understand their needs, concerns and perspectives on the future of the real estate industry. I am honored to work alongside Nykia and the leadership team at NAR during such an important time for our industry, Chris said in a statement.

Brokerage 458

Brokerage Branding Industrial As-is 458

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.

As-is 448

As-is Loan Officer Loans Mortgages 448

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.

MLS 468

MLS Industrial Brokerage Design 468

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.

Lending 459

Lending Mortgages Technology Loans 459

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

Title 435

Title Land Lending Mortgages 435

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.

Mortgages 476

Mortgages Closing costs Title Technology 476

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?

Mortgages 435

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.

Agents 448

Agents MLS Industrial Branding 448

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.

Technology 444

Technology Mortgages Marketing Loans 444

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.

Loans 514

Loans Debt-to-income ratio Lending Banks 514

Housing Wire

JANUARY 13, 2025

During the conversation, the duo discuss traditional real estate team structures, offer unique resources for new team members and cover future trends in the real estate industry. I was in the hospitality industry before then, and I wanted something where whatever effort I put in, I could get out. I knew one person and that was it.

Agents 368

Agents Industrial Closing Marketing 368

Housing Wire

FEBRUARY 2, 2024

The buyer will receive the refund at closing. Clients who sign the agreement before going on a second home tour with the Redfin agent will get a refund when they close on their new home. of the purchase price of the house. The company is touting the program as “a new way for consumers to get a better deal in real estate.”

Purchase and sale agreement 493

Purchase and sale agreement Agents Closing Brokerage 493

Housing Wire

DECEMBER 19, 2024

The housing industry is getting an early Christmas gift. million sales in 2025, a number that is close to the current rate of 4.15 The National Association of Realtors (NAR) reported that existing-home sales in November rose to a seasonally adjusted annual rate of 4.15 million, a 4.8% increase over the revised October number and a 6.1%

Sales 459

Sales Land Industrial Closing 459

Housing Wire

FEBRUARY 1, 2024

Now in its 12th year, the Tech100 program provides housing professionals with a comprehensive list of the most innovative and impactful organizations in the industry. The list can be leveraged to identify partners and solutions to the challenges that mortgage lenders and real estate professionals face every day.

Mortgages 476

Mortgages Title Loans Technology 476

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.

Purchase and sale agreement 435

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.

Development 448

Development Industrial Equity Land 448

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.

Lending 467

Lending Technology Industrial Loans 467