Nearly a quarter of Americans said they moved or know someone who moved due to COVID-19. According to a survey from Pew Research Center, 3% of respondents said they moved permanently because of the pandemic, 6% said someone moved into
Caliber stops all support of AIME after Anthony Casa makes sexist comments
Caliber Home Loans announced it is suspending all support of the Association of Independent Mortgage Experts after Chairman Anthony Casa sent out videos where he made lewd comments about a Quicken Loans executive’s wife. The company expressed that what was
Report: Optimal Blue could sell for $1 billion
Optimal Blue is on the market, according to a news report from Barron’s. The publication reported last night that Optimal Blue’s owner, GTCR, is gearing up to put Plano, Texas-based Optimal Blue up for sale. Barron’s cited unnamed bankers and
Widespread eNote adoption depends on the five pillars of liquidity
Of all the innovations in the mortgage industry over the last 30+ years, few have the potential to be as transformative as electronic promissory notes, or eNotes. As borrowers, lenders and investors embrace a fully digital mortgage process, eNotes represent
Wholesale lenders voice support for AIME despite chairman’s lewd, sexist comments
[Update: This article has been updated to reflect Caliber Home Loans’ stance.] Wholesale lenders voiced their continued support of the Association of Independent Mortgage Experts despite recent lewd and sexist comments made by AIME Chairman Anthony Casa. Over the July
Flagstar suspends its relationship with AIME over Chairman Anthony Casa’s “abusive language and personal attacks”
Flagstar Bank told HousingWire Monday that it is suspending its relationship with the Association of Independent Mortgage Experts over the lewd and sexist comments made by its chairman, Anthony Casa. “We want to respond to the recent statements highlighted in
How to Take Advantage of a Seller’s Market
Any seasoned real estate agent or market observer will tell you that all real estate markets go through cycles. Your local market is no different. If you’re considering a home sale or purchase, you’ll want to identify your market’s cycle
Forget kitchen upgrades. What everyone desperately wants is a home office
The coronavirus pandemic has had a tremendous impact on our lives in one way or another. When it comes to housing, one survey has found that the top reason for moving over the second quarter was a need for more space.
How To Find A Mentor As A Real Estate Agent
One thing that can make an enormous difference in your career success as an agent is whether or not you have a high-quality mentor who can help you navigate the ins and outs of real estate. In fact, many agents discover that they operate very well if they have more than one mentor to tap for questions and advice.
The post How To Find A Mentor As A Real Estate Agent appeared first on Signature Real Estate Services.
Atlanta Real Estate Market 2020 Overview
Whether you’re looking to buy or sell, timing your local market is an important part of real estate investment. This article has been updated to reflect recent changes in the Atlanta real estate market due to the coronavirus pandemic. The
Avoiding Burnout As A Real Estate Agent
Every industry contains a danger of job burnout. Although it’s not an actual medical disease, the Mayo Clinic defines burnout as “a special type of work-related stress — a state of physical or emotional exhaustion that also involves a sense of reduced accomplishment and loss of personal identity.”
The post Avoiding Burnout As A Real Estate Agent appeared first on Signature Real Estate Services.
More Than Half of Redfin Offers Faced Bidding Wars for Second Consecutive Month in June
54% of Redfin offers faced competition as the supply of homes for sale and mortgage rates continued to fall in June. Single-family homes and townhouses were much more likely than condos to receive multiple bids. More than half of Redfin
The Pros and Cons of Buying a House with a Septic Tank
If you grew up within the city or town limits, you probably lived in a home serviced by the municipal sewage department and may be hesitant about buying a house with a septic tank. Did you know that one in
Pending Home Sales Retreat Even as Mortgage Rates Dip to New Low
Key Takeaways Pending sales were down 8% from a year earlier during the week ending June 28, although the decline was only 3% after adjusting for seasonal effects. New listings are now down 8% from a year ago, a slight
HousingStack Phase 2: Transaction Management
HousingStack is a real estate technology landscape that provides a dynamic visual that reflects the rapid changes in the sector. The HousingStack is exclusively for HW+ members. To join the HW+ community, go here. While leads flow from various sources
FHA employs “waterfall method” to expand home retention measures
The Federal Housing Administration announced on Wednesday an expanded menu of its loss mitigation options in succession with the U.S Department of Housing and Urban Development’s eviction prevention and stability toolkit in an effort to help homeowners avoid foreclosure. The
Is a foreclosure wave on the horizon?
As COVID-19 swept across the U.S., shutting down businesses and forcing many into unemployment, fear of a foreclosure wave has been rising. As borrowers came close to defaulting on their loans, rules were set in place that forced servicers to
What would it take to trigger a housing downturn in the second half of 2020?
At its beginning, the COVID-19 crisis had many consumers and housing professionals alike bracing for a housing crash. And with good reason: We were, and are, facing the biggest health and economic shock in recent modern-day history. But what many
These housing markets are most vulnerable to pandemic impacts
In a second-quarter report from ATTOM Data Solutions, it was revealed that housing markets most at risk due to the economic impact of COVID-19 are located on the East Coast. More specifically, 11 suburban counties around New York City, five
People movers: Sierra Pacific Mortgage, Premier Sotheby’s International Realty and Proper Title
Sierra Pacific Mortgage has named Jeff Lochmandy as its vice president and divisional sales director for third-party originations. With over 30 years of experience in the mortgage industry, Lochmandy was previously at HomePoint Financial as its managing director. “I am
Fewer U.S. tenants paid July’s rent
Multifamily housing saw fewer tenants making their rent payments for July as the COVID-19 pandemic worsened. According to RealPage and the National Multifamily Housing Council‘s research, 77.4% of renters living in professionally-managed apartments in the U.S. made their rent payment
[PULSE] Ginnie Mae restricts long-time legitimate business activity of mortgage servicers
Ginnie Mae’s newly imposed restriction on repooling of reperforming forborne loans yet again penalizes servicers acting as essential service providers in the continuing efforts to protect mortgagors facing financial hardship due to COVID-19. Let me count some of the ways
Mortgage forbearances drop to a two-month low
There are 4.14 million mortgages in forbearance this week, a two-month low, Black Knight said in a report on Friday. The number dropped by 435,000 from last week – the largest decline of the pandemic, according to the report. Measured
Wells Fargo loosens jumbo lending requirements for current customers
Wells Fargo announced updates to its non-conforming refinance products at the beginning of July. While the updates loosen the jumbo requirements for current customers, the new standard for customers without a Wells Fargo relationship increased four times the amount it