housing wire

Compass CEO Robert Reffkin On her website bio, Pittsburgh real estate agent Jen Crouse describes why she finds meaning in her work. “At the end of the day,” Crouse states. “We all want to love where we live and who

Some things in life are so complicated that it’s easier to say, “Screw it — I’m not going to do this at all.” That’s what building a new home is like for most people. The process is so fraught with

It’s been rejection after rejection for Isabel Williams’ client, a military veteran in Port St. Lucie, Florida. Since the client began the search for her dream home earlier this year, her Veterans Affairs mortgage loan offers have been rejected over

Opendoor wants to give residential real estate brokerages a run for their money, but its first quarter earnings suggest the company is not quite there yet.    The San Francisco-based instant homebuyer announced a net income loss of $270 million

After weeks of decreases, mortgage applications rose 2.1% for the week ending May 7, 2021, according to the most recent report from the Mortgage Bankers Association. Aiding the jump in mortgage applications was another sub-3% week of mortgage rates, which

You’re all moved into your new home – now what? Unfortunately, there’s still work to be done until you can sit back and relax. And no, we’re not talking about scrolling through Pinterest for decor inspiration. As a new homeowner,

In the past year, there’s been an upturn in home improvement projects. According to a survey completed by Bid-On-Equipment, 89% of American homeowners made some sort of improvement to their homes during the pandemic. 58% of those individuals did the

April was supposed to be the month that proved America’s economy had definitively kicked back into full gear. After all, roughly one million jobs were added in March, roughly 40% of the population had achieved vaccination, and key sectors of

After a review of Atlanta area property records, it would appear Kim Klir is the most successful real estate agent in world history. Between April 2020 and the end of March this year, Opendoor, an iBuyer but also a residential

The booming real estate market has created a high demand for appraisal services. This is good news for lenders, but it puts a tremendous amount of pressure on appraisers who have to be diligent in their work, while also meeting

A recent study by the National Association of Home Builders found that regulations imposed by all levels of government on new homes account for $93,870, or 23.8%, of the current average sales price ($397,300). Of that $93,870, $41,330 is attributable

ACES CONNECT By providing secure access to reporting, audits, defects, and supporting documentation, ACES CONNECT streamlines collaboration between the quality control department and internal stakeholders or external business partners. Get access to key reporting data, self-remediate audit findings and create/manage corrective action

Encompass Investor Connect Encompass Investor Connect is a built-in, no additional cost feature within the Encompass Loan Origination System which enables lenders to seamlessly deliver loans to investors from Encompass – resulting in 40% fewer conditions, 1 day faster purchases

Qualia Post Qualia Post pairs automation and a dedicated service team for mortgage lenders to take the hassle out of document fulfillment from real estate partners.  Qualia Post automatically collects documents from your title company partners and stores them in

Logix by Xome® Logix by Xome® is a new portfolio management platform that integrates servicing data from across the entire property lifecycle into a single location, making it easier to scale and streamline servicing operations. With Logix, it’s easy to

In April, the Consumer Financial Protection Bureau warned the industry of its plans to keep a much closer eye on servicers as they transition borrowers out of forbearance. On Tuesday, a report from the government watchdog may have just kicked

Caroline Reaves, CEO of property services provider Mortgage Contracting Services, announced her retirement on Tuesday after leading the company for 14 years. While Reaves will be departing from one position at the company’s helm, the mortgage veteran is set to

Mortgage applications dropped again, falling 0.9% from the previous week, according to the latest report from the Mortgage Bankers Association for the week ending April 30, 2021. MBA’s Associate Vice President of Economic and Industry Forecasting Joel Kan called last

The U.S. Department of Housing and Urban Development (HUD) charged a now-defunct California business for allegedly targeting Hispanic homeowners with illegal and discriminatory mortgage modification services. HUD said that The House Lawyer, based in Redwood City, California, collected fees from

Former Ellie Mae CEO Jonathan Corr has joined the board of directors for appraisal technology company Reggora. Corr spent 18 years at Ellie Mae before announcing his retirement in September after the company was acquired by Intercontinental Exchange. Joe Tyrrell, Ellie Mae’s chief

Remote online notarization company ProperSign announced a new electronic signature tool called QuickSign, which offers both RON and eSign capabilities. “Between the RON capability and QuickSign, professionals no longer have to shop for two different tools,” said Wyatt Long, ProperSign

Compass defrauded its real estate agents out of millions of dollars in sales commissions and broke pledges to give agents shares of stock, according to a new lawsuit that seeks class-action status. Filed last week in California state courts, the

The total number of servicers’ loans in forbearance fell for the ninth straight week. However, due to a slowdown in exits, forbearance portfolio volume dipped just two basis points last week to an average of 4.47%, according to the Mortgage Bankers Association. Several

Title giant Old Republic saw massive first quarter 2021 gains, reporting a 40% year-over-year growth in title insurance premiums and fees. The company posted a total operating revenue of $2.3 billion for the first quarter 2021 — up from only