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Navigating movement in the mortgage industry series: Post-closing matters are important too

Housing Wire

Below are some of the items that wont necessarily be on your radar when you initially explore an acquisition or sale, but may need to be dealt with on a post-closing basis. To backstop some of those indemnification obligations, there will likely be an indemnification escrow agreement.

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What is a real estate broker vs. an agent? We explain the key differences

Housing Wire

Though most commonly thought of for residential deals, real estate agents can also help people buy, sell or rent commercial properties, land and more. The simple answer is that real estate agents are paid on commission, typically a percentage of the property’s sale price. How do real estate agents get paid?

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CertifID expands insurance coverage on wire transfers

Housing Wire

With home sale prices continuing to rise, wire fraud prevention firm CertifID announced Thursday that it is increasing its direct, first-party insurance coverage maximum to $2 million. Customers are now able to purchase the coverage up to the increased maximum of $2 million.

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Private equity and insurance companies piling into residential mortgages

Housing Wire

This increased flow of funds appears to be driven by strengthening macro factors that favor residential mortgages over other yield assets such as commercial real estate (CRE) and commercial (C&I) loans. xChange offers to service these loans and provide the investors a low-cost way to invest in residential mortgage loans.

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Fed retreat from MBS market sparks short-term uncertainty

Housing Wire

What happens when the Federal Reserve begins pulling back in a serious way from the mortgage-backed securities (MBS) market that it has helped to prop up through billions of dollars in bond purchases since the start of the pandemic in 2020 — to the point where it now holds a $2.7 trillion agency MBS portfolio? The Feds existing $2.7

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“Do the work:” Gary Keller tells agents there’s more than enough homes to sell in their markets

Housing Wire

There are more than enough homes sales in your market for every one of you to hit your goals if you do the right things. In this scenario, Keller Williams sees unemployment remaining under 5% and interest rates falling in a bumpy manner to around 6%, resulting in existing home sales , which are currently slower than 2023, jumping to 4.5

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Tips for growing your title business in a down market

Housing Wire

There are a number of ways by which they can do this, including affiliated arrangements, work share agreements or even less formal forms of partnership. However, a title agency that lacks a commercial real estate capability, or which relied primarily on refinance volume in years past, has the option of growing.

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