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HousingWire
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‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement - HousingWire
VA borrowers who can't legally pay their agent. LOs who double as agents. Agents who leave brokerages and form JVs with lenders. The NAR settlement could be the catalyst to some wild scenarios.
Chaos, consolidation and opportunity: Experts weigh in on what NAR’s settlement means for the industry - HousingWire
In the wake of NAR's commission lawsuit settlement agreement, brokers and agents must grapple with what the changes mean for their business.
David Peskin to purchase ownership stake in HighTechLending - HousingWire
Peskin said he's looking forward to offering multiple products for seniors based on their needs since HighTech is a multi-channel lender.
New listings surge as the spring buying season approaches - HousingWire
Homebuyers Have More Options to Choose From
Senior-held home equity falls to $12.84 trillion in Q4 2023 - HousingWire
Senior-held equity levels fell slightly at the end of last year, based on the latest RMMI data from NRMLA and RiskSpan.
Opinion: Why aren't more commercial brokerages seeking affiliated arrangements? - HousingWire
Why aren't commercial real estate companies seeing affiliate business as a revenue path?
Is your real estate database a dumpster fire or lead gen machine? - HousingWire
Try these six database organization tips so you can up your lead generation and nurture your current warm leads.
Average IMB lost $2,109 per loan in Q4 2023 - HousingWire
IMBs reported an average net loss of $2,109 on each loan they originated in Q4 2023, nearly doubling their losses from Q3.
Freddie Mac names president Michael Hutchins interim CEO - HousingWire
Freddie Mac Appoints Michael Hutchins as Interim CEO
ICE Mortgage Technology's Sara Holtz joins Optimal Blue as CMO - HousingWire
Optimal Blue has brought on Sara Holtz, former vice president of demand marketing and communications at ICE Mortgage Technology, as chief marketing officer (CMO).
Higher mortgage rates dim hope for a busy spring housing market
Higher mortgage rates have zapped mortgage demand to a 28-year-low, as buyers are now having second thoughts about purchasing homes.
UWM reports financial loss in Q4 but expects margins to rise in Q1
UWM, the nation's largest mortgage lender, reported a financial loss in the fourth quarter but expects margins to jump significantly in Q1.
Stewart acquires FormFree’s AccountChek business
Stewart has acquired AccountChek, a digital verification service for assets, income and employment from solutions provider FormFree. Stewart has acquired the service from the company.
Why it’s time for the housing industry to get serious about climate risk
It is time for the housing industry to get serious about the importance of climate risk. Innovations in climate science and analytics allow us to quantify the true impact.
How mortgage tech vendor options benefit lenders
HousingWire recently spoke with Adam Carmel, founder and CEO of Polly, about the benefit of vendor options in a historically gridlocked tech ecosystem.
NAF partners with Patch to become its exclusive mortgage provider
IIndependent mortgage lender New American Funding (NAF) has partnered with news platform Patch to become its exclusive mortgage provider.
As search for new CEO begins, Rocket reports $197M loss in Q4
Having suffered a net loss of $197 million in the fourth quarter, Rocket Companies has lost about $363 million over the last two quarters. And a new CEO must be found.
Black Knight mum on report that FTC will block ICE merger
In its Q4 earnings on Tuesday, mortgage technology giant Black Knight remained tight-lipped regarding reports that the U.S. Federal Trade Commission (FTC) will block its potential merger with Intercontinental Exchange Inc.
Don’t forget to reserve your room for Gathering of Eagles
Gathering of Eagles is the must-attend event of 2023 for real estate presidents, senior leaders and broker-owners.
Home price growth continued to slow in December
Nationwide, home prices posted an annual gain of 5.8% in December, down from 7.6% in November. And home price growth is likely to slow further.
Prosperity strikes deal to acquire JFQ Lending
Virginia-based mortgage bank Prosperity Home Mortgage, LLC has acquired the assets of Arizona-based JFQ Lending, LLC to explore the direct-to-consumer channel.
Better launches ‘Equity Unlocker’ to help Amazon employees buy homes
Better.com has launched ‘Equity Unlocker,’ which allows Amazon employees to pledge vested equity as collateral for a down payment.
Black-owned home values appreciated the most during the pandemic
Homes owned by Black families have appreciated more than any others since the onset of the COVID-19 pandemic, according to Zillow.
CFPB bans RMK Financial Corporation from mortgage lending industry
The CFPB permanently banned RMK Financial Corporation and hit the firm with a $1M penalty fee for repeat offenses against military families.
Tips for productive and successful negotiations
The first step in negotiating best outcomes in financial services is to trust your instincts. Get rid of the self-imposed limitations.
Supreme Court to hear case challenging the CFPB funding structure
In a second challenge to be heard by the high court in under three years, the CFPB again finds itself in constitutional crosshairs.
Housing Market Tracker: Higher rates crush purchase apps
The housing market madness persisted last week as inventory fell and higher mortgage rates took a big bite out of purchase applications.
Pending home sales jump again in January, but don’t get too excited
Pending home sales rose for the second consecutive month in January, jumping 8.1%, but they are still down 24.1% compared to last year.
Opinion: Five keys to effective communication with borrowers
The fact is that proactive communication, even with no “new news,” keeps the customer from experiencing unnecessary anxiety.
Insellerate launches TPO solution for wholesale lenders
CRM and marketing automation solutions provider Insellerate has launched a new third party origination (TPO) solution for wholesale lenders.
