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Michael Gersitz

Michael Gersitz

City of North Tonawanda Real Estate Agent

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Author: Michael Gersitz

You are here: Homepage > Articles by: Michael Gersitz

Are homebuilders burning bridges with real estate agents?

Alanna Strei of eXp Realty in San Diego and Cornerstone Communities’ new San Diego townhouses Real estate agent Alanna Strei’s client wanted to check out “Tesoro Vista Del Sur,” 134 newly built townhouses in the Ocean View Hills area of

Michael Gersitz August 2, 2021 External Articles Read more

Mortgage fees to help pay for Biden infrastructure bill

The Senate is banking on extending mortgage fees that Fannie Mae and Freddie Mac indirectly charge to consumers to help pay for traditional infrastructure. According to legislative text publicly shared for the first time today by the U.S. Senate, renewing

Michael Gersitz August 2, 2021 External Articles Read more

Fannie and Freddie forbearance numbers dip again

Servicers’ forbearance portfolio volume fell yet again, this time dipping a single basis point to 3.47% from 3.48% last week, according to a survey from the Mortgage Bankers Association.  According to MBA’s estimate, 1.74 million homeowners are still in forbearance plans. The share

Michael Gersitz August 2, 2021 External Articles Read more

eClosing special reports

The COVID-19 pandemic forced the mortgage industry to digitize transactions that were once completely done in-person. And while technology has streamlined the industry, many housing professionals are still hesitant to exist in a digital landscape. This is partly due to

Michael Gersitz August 2, 2021 External Articles Read more

Doma goes public, but investors cash out early

Digital title provider Doma has finally gone public, but has already had to pay out nearly $300 million to early investors who redeemed their shares. Backers said in March that they expected the SPAC merger to raise $645 million in

Michael Gersitz August 2, 2021 External Articles Read more

RON legislation passed in Illinois, New Jersey, Oregon

The use of remote online notarization is now permitted in Illinois, New Jersey and Oregon, bringing the number of states with RON legislation up to 37. Legislation is also pending in New York and New Hampshire, according to the American

Michael Gersitz August 2, 2021 External Articles Read more

Presenting HousingWire’s 2021 Women of Influence

The 2021 Women of Influence winners represent 100 of the most influential women in leadership in the housing economy. More than just breaking records in the housing finance space, the HousingWire 2021 Women of Influence are shattering glass ceilings and

Michael Gersitz August 2, 2021 External Articles Read more

Notarize offers its users digital identity proofing and authentication services for eClosings

Due to the COVID-19 pandemic, the world rushed to digitize and transactions that once happened in person were forced online. And while the housing market continued to surge amid these changes, some people were still hesitant to do business in

Michael Gersitz August 2, 2021 External Articles Read more

With Encompass eClose from ICE Mortgage Technology, all eClosing steps can be completed within one workflow

Mortgage lenders are looking for ways to accelerate the digital mortgage process and deliver a one-of-a-kind experience for borrowers. ICE Mortgage Technology’s Encompass eClose allows lenders to electronically order documents, collaborate with settlement agents and partners, eSign documents with borrowers,

Michael Gersitz August 2, 2021 External Articles Read more

No Cash? No Problem! Raising Private Capital for Real Estate Deals

Michael Gersitz August 2, 2021 Videos Read more

5 Rules of Health & Wealth to Become the Millionaire with a Six Pack

Michael Gersitz August 2, 2021 Videos Read more

Work Less, Earn More: Scale & Grow Your Real Estate Business

Michael Gersitz July 31, 2021 Videos Read more

Should I Invest in Real Estate Now or Wait? (2021 Edition)

Michael Gersitz July 31, 2021 Videos Read more

How to Spend $10 Million Online

Michael Gersitz July 30, 2021 Videos Read more

Oakland homeowner alleges appraiser bias

An Oakland homeowner says the home valuation process failed her due to the color of her skin, according to a complaint filed with U.S. Department of Housing and Urban Development. Cora Robinson, who is Black, claims that appraiser Thomas Kearney

Michael Gersitz July 29, 2021 External Articles Read more

Millionaires Marina

Michael Gersitz July 28, 2021 Videos Read more

How an Immigrant Investor Went from 1 Triplex to $350M in 9 Years

Michael Gersitz July 28, 2021 Videos Read more

Why the US MLS system is the envy of other countries

I have been following the discussion around the competitiveness, costs and consumer benefits of U.S. Multiple Listing Services (MLS) by those trying to disparage the system. As an Irish immigrant to the United States in 1996 who became a real

Michael Gersitz July 26, 2021 External Articles Read more

Biden administration prioritizes cybersecurity as fraud risks grow

As the Biden administration recently spotlighted, cybersecurity remains a high-level concern for the privacy and security of Americans. In fact, the FBI’s Internet Crime Complaint Center (IC3) has experienced a record number of reported complaints as of late, jumping from

Michael Gersitz July 26, 2021 External Articles Read more

Are we back to a normal housing market?

In the last few months in my articles for HousingWire, I have written that monthly supply has been rising and that this increasing supply was the most critical metric for the housing market, specifically the new home sales market. According

Michael Gersitz July 26, 2021 External Articles Read more

Could online mortgage lenders reduce discrimination against Black homebuyers?

The housing market is red hot. The Federal Housing Finance Agency house-price index rose 12% last year due to low inventories and high demand. Redfin, the popular real estate website, reports that nearly 40% of homes in the past month

Michael Gersitz July 26, 2021 External Articles Read more

First American names new Gulf Coast counsel

Kenneth Farmer has been named regional underwriting counsel for First American Financial Corporation’s gulf coast title insurance, the company recently announced. Farmer, who has been promoted from within, will continue to serve as state counsel for First American Title’s Mississippi

Michael Gersitz July 26, 2021 External Articles Read more

Fannie & Freddie forbearances drop to 1.81%

Another week, another drop in forbearance volume. Servicers’ forbearance portfolio volume fell two basis points to 3.48% from 3.50% last week, according to a survey from the Mortgage Bankers Association.  Approximately 1.74 million homeowners are in forbearance plans, the MBA reported. The share of Fannie Mae and Freddie

Michael Gersitz July 26, 2021 External Articles Read more

Re-thinking property tax reporting can help meet lenders’ need for speed

“I feel the need…the need for speed.” – Maverick (Top Gun) With the increasing “need-for-speed” at which the lending community moves, keeping up is a constant task that never gets any easier. New entrants continue to join the market with

Michael Gersitz July 26, 2021 External Articles Read more
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  • Michael Gersitz
  • Phone: (716)870-5786
  • Office: (716)302-5222
  • Email: michael.gersitz@signature-wny.com
  • Website: michaelgersitz.com
  • Mailing Address: 2468 Niagara Falls Blvd, Suite #5

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About Me

I am a Real Estate Agent based out of Tonawanda, licensed to buy, sell and lease real estate in New York State! Give me a call, it might be the best decision you ever make!


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