Housing Wire

JUNE 20, 2024

Michael Saleh, a former senior vice president of Rocket Mortgage who spent about two decades at the company, has transitioned from the retail lending channel to wholesale by launching independent brokerage firm Zoom Home Lending. Saleh opened the Livonia, Michigan-based firm alongside Henri Houmani and Issa Al-Sheleh, who previously worked for Rocket and migrated to the wholesale channel two years ago.

Lending 414

Lending Brokerage Loan Officer Loans 414

Real Estate News

JUNE 20, 2024

There could be a window of opportunity for would-be buyers as mortgage rates continue to ease and homes sit on the market longer, prompting price cuts.

Mortgages 296

Mortgages Marketing 296

Housing Wire

JUNE 20, 2024

Real estate technology provider Inside Real Estate is rebranding its kvCORE platform to BoldTrail , according to an announcement on Thursday. Like kvCORE, BoldTrail is a branded portfolio that unites a collection of capabilities into one system, bringing Inside Real Estate products together in one place. But the company also said that this is about more than just a new name.

Technology 395

Technology Branding Industrial Development 395

Real Estate News

JUNE 20, 2024

The path is more clear for MLSs than brokerages, according to a top industry lawyer. The National Association of Realtors, meanwhile, had no comment.

Brokerage 246

Brokerage Industrial 246

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Agents

Housing Wire

JUNE 20, 2024

Real estate technology firm Knock announced Thursday that its bridge loan product is being integrated into the borrower application process at Baltimore -based NFM Lending. The bridge loan estimate is being integrated into the lender’s workflow through an Encompass plugin. NFM loan officers will be automatically notified when a homeowner can tap into the equity of their current home to buy a new one before selling.

Lending 376

Lending Loans Loan Officer Equity 376

Housing Wire

JUNE 20, 2024

In 2021, HousingWire published an article spotlighting Austin as one of the hottest housing markets in the country. The Texas capital was a COVID-era darling, but the city had been attracting employers and homebuyers well before the pandemic. As noted in that article, Austin had ranked No. 1 in population growth for eight straight years and The Wall Street Journal named it the hottest job market in 2019 and 2020.

Days on market 362

Days on market Mortgages Land Marketing 362

Real Estate News

JUNE 20, 2024

Watch the conversation with CubiCasa leader Jeff Allen as he discusses the “magic” of capturing floor plans and how they can boost agents’ value proposition.

Agents 218

Agents 218

Housing Wire

JUNE 20, 2024

Finance of America (FOA), the leading U.S. reverse mortgage lender, has received shareholder approval upon recommendation of its board to perform a reverse stock split at a 10-to-1 ratio in a move designed to boost the company’s stock price. This is according to a company filing with the Securities and Exchange Commission (SEC) reviewed by HousingWire ’s Reverse Mortgage Daily (RMD).

Finance 353

Finance Investor Mortgages Equity 353

Real Estate News

JUNE 20, 2024

A former project manager said she was subjected to sexual harassment and retaliation in a lawsuit filed June 18 in Illinois District Court.

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185

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Agents

Housing Wire

JUNE 20, 2024

Oklahoma -based Adfitech , a mortgage industry partner for quality control and risk management services, has changed its name to Mortgage Connect Risk Solutions. The move reflects the company’s 2022 acquisition by Pennsylvania -headquartered Mortgage Connect LP. Mortgage Connect, a nationwide services provider for lenders, institutional investors and servicers , acquired Adfitech two years ago to expand its efforts in third-party due diligence and quality control (QC).

Due diligence 341

Due diligence Mortgages Pre-approval Lending 341

Inman

JUNE 20, 2024

Parent company Inside Real Estate will carry the BoldTrail name in a range of iterations as they roll out this summer. The new moniker is meant in impart that real estate isn't for the faint of heart.

As-is 167

As-is Technology Brokerage Agents 167

Housing Wire

JUNE 20, 2024

The U.S. Department of Veterans Affairs (VA) is seeking to provide more support to military veterans who want to age in place in their current homes. This includes exploration of the smart-home technology sector, according to reporting at the Federal News Network. Smart home tech, including wearable devices like smart watches, could help flag instances when an older veteran living independently is having some kind of medical emergency.

Technology 339

Technology Development As-is 339

Inman

JUNE 20, 2024

The Inman Intel Index goes beyond sentiment and trends by tapping into the industry's most engaged community. Add your voice to real estate's most ambitious monthly survey today.

Industrial 164

Industrial MLS Technology Brokerage 164

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Brokerage

Housing Wire

JUNE 20, 2024

On Thursday, two U.S. regulators — the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corp. (FDIC) — announced their approval of a final rule imposing quality control standards for automated valuation models (AVMs) used by mortgage originators and secondary market issuers. AVMs, which value residential real estate used as collateral to secure mortgages, are under an interagency rulemaking process.

Residential 338

Residential Mortgages Banks Investor 338

Inman

JUNE 20, 2024

Purchase loan applications have surged for two weeks in a row, but rates for conforming mortgages are inching back up toward 7 percent this week as investors weigh the odds of Fed rate cuts.

Mortgages 162

Mortgages Investor Loans Marketing 162

Housing Wire

JUNE 20, 2024

California-based loanDepot has concluded the transaction to extend $497.7 million in senior notes due in the fourth quarter of 2025, resulting in new debt with a higher interest rate and a shorter maturity period than usually seen in the market for similar companies. A loanDepot subsidiary, LD Holdings Group LLC, will exchange its outstanding senior notes due in 2025, paying 6.5%, for senior secured notes due in 2027, paying 8.75%, according to an 8-K filing sent Thursday to the Securities and E

Principal 335

Principal Lending Investor Mortgages 335

Inman

JUNE 20, 2024

Schmidt and his wife, Wendy Schmidt, bought the home in 1990 for $2 million and gradually expanded the estate over about 20 years, adding neighboring parcels, a guest house and a green house.

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Loans

Housing Wire

JUNE 20, 2024

Editor in Chief Sarah Wheeler sat down with UWM CTO Jason Bressler on the HousingWire Daily podcast to talk about technology and how UWM is leveraging AI specifically. This interview has been edited for length and clarity, but you can listen to the entire episode here. Sarah Wheeler: How is UWM leveraging AI? Jason Bressler: Literally, in everything that we do right now.

Technology 326

Technology Mortgages As-is Industrial 326

Inman

JUNE 20, 2024

A penthouse at Central Park Tower on Manhattan's Billionaires' Row has sold to an unidentified international buyer for $115 million, making it the first residential sale in New York City over $100 million since 2022.

Residential 147

Residential Sales Development Marketing 147

RIS Media

JUNE 20, 2024

Maintaining a condo involves regular care and timely repairs. This ensures a comfortable, safe living environment and preserves property value. I will provide the following guidance: Practical tips for regular condo maintenance Solutions for common condo maintenance issues A seasonal checklist to keep your condo in top shape From being a condo owner in multiple… The post Condo Maintenance and Upkeep: A Comprehensive Guide appeared first on RISMedia.

Industrial 126

Industrial 126

Inman

JUNE 20, 2024

The "River of Real Estate" continues to flow, even in a challenging market. Coach Verl Workman offers insights for growth and resilience under any circumstances.

Marketing 154

Marketing Agents 154

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Agents

Propmodo

JUNE 20, 2024

Data centers. The once-niche piece of IT infrastructure is now the talk of the investment world. Nvidia, the supplier of parts for modern cloud storage and processing data centers, is now the biggest company in the world, surpassing Apple. Data centers have also quickly become one of the hottest investments in the real estate space. A recent CBRE Global Data Center Survey revealed that 97 percent of investors plan to allocate more funding toward data centers this year, up from 89 percent in 2023

New Construction 122

New Construction Construction Design Development 122

Inman

JUNE 20, 2024

At Inman Connect Las Vegas in July, Windermere broker Cassie Walker Johnson will reveal her eight-step system for creating buyer agreements. She gave Inman a sneak peak ahead of the event.

Marketing 141

Marketing 141

Seattle Times Real Estate

JUNE 20, 2024

Last week's sale of the downtown Seattle Hilton for 25% below its appraised value partly reflects the halting recovery of the pandemic-battered hotel sector.

Sales 126

Sales 126

Inman

JUNE 20, 2024

Freddie Mac Executive Vice President and Chief Financial Officer Christian Lown will be taking his talents to CoStar Group in July, executives announced. Lown departs Freddie Mac on June 28.

Finance 134

Finance Technology 134

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Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

Sales

RIS Media

JUNE 20, 2024

Listing properties is often seen as a real estate agent’s most glamorous work, but buyers also need expert agents. If helping buyers find their perfect home is your specialty, use localized demographic data as your secret weapon to enhance your business. Let’s explore four ways to utilize it. What is demographic data? Demographic data encompasses… The post 4 Ways to Use Localized Demographic Data to Impress Buyers appeared first on RISMedia.

Agents 115

Agents As-is Industrial 115

Inman

JUNE 20, 2024

According to eXp’s Troy Palmquist, these professional organizations have a greater role to play in providing services to support agents.

Agents 151

Agents MLS Brokerage 151

RIS Media

JUNE 20, 2024

Inside Real Estate, an independent real estate software company and technology partner to leading real estate brands and approximately 500,000 real estate professionals, has announced a new product rebrand titled ‘BoldTrail,’ an all-encompassing brand portfolio that unites its expansive collection of capabilities into one cohesive system. According to the company, BoldTrail brings together Inside Real… The post Inside Real Estate Unveils New Product Rebrand, ‘BoldTrail’ appeared first on R

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Branding Title Technology Industrial 112