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
Millionaires Marina
How an Immigrant Investor Went from 1 Triplex to $350M in 9 Years
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
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
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
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
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
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
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
New home sales dip for third consecutive month
New home sales continued to slip in June, falling 6.6% from May to a pace of only 676,000, according to a recent study from the U.S. Census. It’s the third straight month of decreases and the first annual decline since
Where’s The BEST Place to Buy a Rental Property?
Borrowers get more options as foreclosure deadline nears
With the foreclosure moratorium for federally backed mortgages set to expire next week, the Biden administration is giving borrowers additional options to reduce their mortgage payments. The Department of Housing and Urban Development (HUD), Department of Agriculture (USDA), and Department
Sleep Like Royalty in the Palace of Versailles
You can now sleep surrounded by the 18th-century opulence of Marie Antoinette and Louis XVI. For the first time in its 387-year history, the Palace of Versailles has opened a luxury hotel. Airelles Château de Versailles, Le Grand Contrôle offers
First American, Stewart Title and Old Republic report for 2Q
Three of the “Big Four” title insurers — First American Financial, Old Republic and Stewart Title — released their second-quarter earnings this week. Fidelity National will release its second-quarter earnings on Aug. 3. First American reported $2.3 billion in total
How Are You Preparing to “Exit Rich” in Real Estate? w/ Sharon Lechter & Michelle Seiler Tucker
The Rudest Waiter
Rising Rent Prices See Largest Spike in Years
$3.3 Million Expansion
The Great Reshuffling Is Changing How Far Americans Are Willing to Commute
A short commute appears to be a less important factor for today’s home shoppers Go to Source Author:
New homes selling well even as builders pass on costs
After an epic rise in housing starts and permits from the COVID-19 lows, the latest Census report shows a calm after the housing storm. This report is consistent with my prediction that all housing data will moderate from the epic run-up
How mid-year market shifts are impacting originators
Mortgage professionals never know what the industry will throw at them, so staying on top of market shifts can help originators prepare for what’s to come. De-risking efforts by GSEs, migration shifts, demographic changes and more are pushing the market
Why should lenders put an emphasis on referrals and generating leads – Now more than ever
HousingWire recently sat down with Matthew Marx, CEO of Evocalize, to learn more about the importance of lead gen and referrals in a hot housing market. HousingWire: In an already high origination volume environment, why should lenders put an emphasis
Keller Williams launches team expansion network
KW Expansion Network will support business operations of the U.S.-based KW real estate expansion teams. Keller Williams has long been hailed as one of the first to embrace the team business model in real estate. The newly launched KW Expansion
