Housing Wire

MARCH 5, 2024

The U.S. Department of the Treasury on Tuesday announced a series of new initiatives designed to increase the supply of affordable housing across the country. There are three core provisions of the plan. They include the reallocation of funds originally earmarked for relief from the economic impacts of the COVID-19 pandemic for affordable housing construction, as well as new provisions for the 2021 American Rescue Plan (ARP) Emergency Rental Assistance (ERA) program to clarify the use of such fu

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Keeping Current Matters

MARCH 5, 2024

There’s been a lot of recession talk over the past couple of years.

Marketing 342

Marketing 342

Housing Wire

MARCH 5, 2024

Ahead of Friday’s national jobs report, mortgage rates have found stability after increasing for multiple weeks. Polly ’s average 30-year fixed rate for conventional loans was 7.17% on Tuesday, down from 7.24% one week earlier, according to HousingWire’s Mortgage Rates Center. At the same time one year ago, Polly ’s 30-year fixed rate averaged 6.82%.

Mortgages 482

Mortgages Loans Investor As-is 482

Real Estate News

MARCH 5, 2024

Realtor.com’s February housing report shows inventory rising, especially in the South, and availability of homes priced between $200k-$350k increasing by 20.6%.

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Don’t just react to changes, plan for them, so you can approach the new year with confidence, direction, and a competitive edge for your business. Having a well-defined business plan helps you chart a clear course, navigate challenges, and set a foundation for growth. This workbook gives you the key steps to outline what matters and will ensure you’re moving ahead.

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Housing Wire

MARCH 5, 2024

U.S. home price gains reached their highest rate in a year in January, according to CoreLogic ’s Home Price Index (HPI). But the data provider forecasts yearly growth to begin slowing in the coming months and fall to 2.6% by early 2025. U.S. annual home price growth rose by 5.8% in January 2024. On a monthly basis, home prices increased by 0.1%. In January, the annual appreciation of detached properties (6%) exceeded that of attached properties (4.9%) by 1.1 percentage points.

Mortgages 476

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Real Estate News

MARCH 5, 2024

The home search rivals announced a syndication agreement allowing Zillow to be the exclusive provider of multifamily apartment listings on Realtor.com.

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Real Estate News

MARCH 5, 2024

Hanna was removed from Batton 2, marking the second time this year that the family-owned brokerage has been dropped from a buyer-broker compensation case.

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Brokerage 269

Housing Wire

MARCH 5, 2024

Struggling New York Community Bancorp (NYCB), which triggered fears of new bank collapses, could benefit from selling mortgage servicing rights ( MSR ) to improve its capital ratio, according to analysts at Keefe, Bruyette and Woods (KBW). NYCB became a large mortgage servicer after the acquisition of Flagstar Bank in December 2022. Its owned servicing portfolio reached $78 billion in unpaid principal value (UPB) at the end of 2023, with a carrying value of $1.1 billion, analysts wrote in a

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Real Estate News

MARCH 5, 2024

The 17,000-member association speaks out, saying it will “vigorously defend” two lawsuits targeting NAR, Nevada associations and MLSs, and brokerages.

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Brokerage 263

Housing Wire

MARCH 5, 2024

The homebuyer plaintiffs in the Batton II commission lawsuit in Illinois made the decision to voluntarily dismiss defendant Howard Hanna Real Estate Services from the lawsuit without prejudice. In a document filed on Monday with U.S. District Court Judge Andrea Wood, the plaintiffs, which include Mya Batton, Aaron Bolton, Michael Brace, Do Yeon Irene Kim, Anna James, James Mullis, and Theodore Bisbicos, noted that they are dismissing Howard Hanna Real Estate Services as the firm has yet to serve

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Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

Industrial

Inman

MARCH 5, 2024

The mark of a great leader, Victoria Kennedy writes, is that they don't hoard power for themselves but empower others to build and grow their sphere of influence.

Brokerage 189

Brokerage Agents 189

Housing Wire

MARCH 5, 2024

The federally insured reverse mortgage known as a Home Equity Conversion Mortgage (HECM) is unique, as are the rates that impact the HECM product. For this reason, I will provide a short monthly educational focus, followed by a summary of the HECM rate market. Keep in mind that almost all HECMs are adjustable-rate mortgages (ARMs), and so each rate update will concentrate on ARMs.

Principal 458

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Inman

MARCH 5, 2024

Danielle Lazier was at the top of her game, but she was so burnt out, she was ready to quit. FBI negotiator Chris Voss' talk about tactical empathy and emotional intelligence changed everything.

Agents 188

Agents Brokerage 188

Housing Wire

MARCH 5, 2024

Ginnie Mae has introduced new cybersecurity incident reporting requirements, the government-owned enterprise announced on Monday. The initiative underscores Ginnie Mae’s commitment to bolstering its companywide information security, business continuity and reporting standards. Effective immediately, issuers of Ginnie Mae mortgage-backed securities must notify Ginnie Mae of any cybersecurity incident within 48 hours of its detection.

Principal 458

Principal Investor Finance Mortgages 458

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Brokerage

Inman

MARCH 5, 2024

Suburban multifamily housing continues its growth surge, particularly in the single-family and build-to-rent markets, multifamily expert Michael Zaransky writes.

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Housing Wire

MARCH 5, 2024

“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. A little more than two months into the year, however, mortgage rates are the highest they’ve been as the U.S. economy remains hot. It’s still the first quarter of 2024, so it may be too early to be pessimistic about the current mortgage rate environment, but it’s becoming more likely that a mu

Loan Officer 448

Loan Officer Loans Mortgages As-is 448

Inman

MARCH 5, 2024

Kathy Kaye and Lorraine Baker each have about two decades of industry experience and bring roughly $200 million each in career sales volume to the firm. Kaye joins from Compass, Baker from Douglas Elliman.

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Industrial Sales Development Brokerage 177

Housing Wire

MARCH 5, 2024

Dara by Sagent is the first mortgage software platform to unify all data and user experiences for servicers and homeowners across the entire servicing lifecycle. This unified platform powers the servicing ecosystem in a single solution from end to end and synced with real-time data — core, consumer, default, loan movement, data, and AI. With Dara , every servicer in the $14 trillion industry can help borrowers faster throughout each phase of servicing, whether that’s regular payment and escrow

Investor 448

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As the real estate market evolves, technology has become essential for success. According to NAR, only 26% of agents feel their brokerage provides the necessary tech tools and, as a result, agents seek teams and brokerages who prioritize technology investments! Whether you manage an established team or are forming a new one, this guide outlines key considerations and necessary applications to thrive.

Agents

Inman

MARCH 5, 2024

The highest honor in luxury real estate, the Golden I Club, is now accepting nominations. Winners will be celebrated at Luxury Connect 2024.

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Housing Wire

MARCH 5, 2024

John Abraham, former top-producing mortgage loan officer at Caliber Home Loans /NewRez , has joined The Money Store. His team will be making the move with him. Abraham was named vice president and producing branch manager in Illinois, where he will serve as sales leader and mortgage originator. “The Money Store boasts a nimble lending platform, transparent loan process and highly competitive rates.

Loan Officer 448

Loan Officer Loans Lending Branding 448

Inman

MARCH 5, 2024

A 160-square-foot backyard residence in the Las Vegas Valley asking $950 a month has received over 100 inquiries from tenants.

Marketing 173

Marketing 173

Housing Wire

MARCH 5, 2024

LenderLogix , a provider of white-label mortgage software, has integrated with AccountChek , a digital verification service for assets, income and employment, the companies announced on Tuesday. This integration merges AccountChek’s income verification system directly into the LenderLogix point-of-sale system, LiteSpeed, to automate the asset verification process and streamline loan origination tasks.

Title 447

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Now more than ever, brokers need to provide agents with the right tools, strategies, and training to effectively demonstrate their expertise, negotiate successfully, and foster strong client relationships. So – what should brokers do to ensure this? Invest in the right technology, continuous education, and innovative marketing strategies that empower agents to stand out in a crowded marketplace.

Agents

Inman

MARCH 5, 2024

The New York City-based real estate news site, a resource for buyers, sellers and renters, briefly ceased publication last week before announcing Monday it had been acquired

Marketing 171

Marketing 171

Housing Wire

MARCH 5, 2024

The Carrington Companies tapped Andrew Taffet as its new CEO. Taffet, who is currently serving as Carrington’s chief investment officer, will continue in that role while succeeding company founder Bruce Rose. Rose will assume the role of executive committee chairman for the Carrington Companies. Taffet, meanwhile, will be in charge of day-to-day operations and oversight of the company, a task he’s been handling for some time now.

Lending 446

Lending Mortgages Loans As-is 446

Inman

MARCH 5, 2024

Integrations helped the income and employment data provider grow its mortgage customer base and attract backing from Rockefeller Asset Management’s Fintech Innovation Fund.

Mortgages 170

Mortgages Industrial 170

Housing Wire

MARCH 5, 2024

Sanjiv Vas, former CEO of Caliber Home Loans , has joined the board of directors at Two Harbors Investment Corp , a Minnesota-based real estate investment trust that expects to launch a mortgage originations platform in the second quarter of 2024. “Sanjiv’s depth of experience in mortgage finance, consumer understanding and thought leadership will serve our company well as we continue to grow and evolve our business strategy and operational platform,” Stephen G.

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Principal Commercial Loans Mortgages 440

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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

Inman

MARCH 5, 2024

In times of struggle, we often add tools, strategies and habits to "fix" what’s wrong in our lives and businesses. Let eXp’s Troy Palmquist help you shed some of the things that are holding you back.

Brokerage 169

Brokerage Agents 169

Housing Wire

MARCH 5, 2024

Verifications provider Argyle announced Tuesday that it has raised $30 million in new funding, upping its total to $100 million since its inception in 2018. This round of funding — which includes a mix of equity and debt — will be used for the company’s adoption and expansion of its automated income and employment verification platform, the firm said.

Technology 434

Technology Lending Equity Loans 434

Inman

MARCH 5, 2024

Don't buy into the commission rhetoric saying the U.S. should do things more like they do in Australia, Cara Ameer writes. Each country has its own dynamics, customs and economics.

Brokerage 146

Brokerage Marketing Agents 146

Housing Wire

MARCH 5, 2024

Sanjiv Das, former CEO of Caliber Home Loans , has joined the board of directors at Two Harbors Investment Corp , a Minnesota-based real estate investment trust that expects to launch a mortgage originations platform in the second quarter of 2024. “Sanjiv’s depth of experience in mortgage finance, consumer understanding and thought leadership will serve our company well as we continue to grow and evolve our business strategy and operational platform,” Stephen G.

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Principal Commercial Loans Mortgages 195

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