Zillow Mortgage is Grabbing Market Share from Brokers
Zillow is on the move with impressive growth and they are taking business from established lenders.
HouseAmp raises 12.5 Million for National Expansion of Pay at Close Home Improvement Financing
HouseAmp is a technology company that provides software which connects homeowners, lenders, and service providers to enable this service for any brokerage.
Cash offers: Accelerating a first-time buyer’s ability to “win the deal”
Higher interest rates, record low inventory, rising home prices, and investors snapping up the most affordable housing – it feels like all the market conditions are working against first-time buyers. Then comes the news that zavvie, teaming with Luminate Home Loans and its NEO Home Loans, has been helping hundreds of first-time buyers (and others) break the bad-news cycle. By giving more buyers the opportunity to buy a home with a cash offer, there is some really good news – especially for first-time buyers. As a former loan officer for 8 ½ years – and from my time at Fannie [...]
MIAMI Realtors – Parcel Centric Services Are Table Stakes for Every Real Estate App
MIAMI Association of Realtors® added their voice to the choir of MLSs who are launching parcel centric applications to empower the agent-client experience.
Real Estate Needs to Step Up Engagement with Fannie and Freddie
With half of the mortgages going to these Government Sponsored Entities (GSEs), there is an opportunity for Realtors® to be part of the solution. One of the leaders in working with realtors to collect data for GSEs is Clear Capital. They have partnered with CoreLogic to assist with the creation of more modern valuation and appraisal workflows.
We Are Likely to See More Banks Fail
The recent Minsky moment has highlighted the fragility of the financial system, and the need for policymakers to take action to address the underlying issues. The Federal Reserve's decision to increase interest rates played a significant role in this crisis.
Fractional Home Ownership is Emerging
Any real estate executive knows that one of the greatest wealth-building decisions that any person can make is to buy a home. Quarter, Inc., leader in fractional homeownership, allows the buyer to purchase a fraction of the home that they can afford and enjoy all the financial and lifestyle benefits of homeownership.
Should Brokers Embrace Fractional Ownership?
Through fractional home ownership, the buyer can get investors who will purchase the property alongside them, depreciating the loan risk for a share of the home equity.
Milestones launches Homeownership Hub Through InstaMortgage Loan Officers
In a joint press release today, Milestones and InstaMortgage announced that InstaMortgage will be the first mortgage company to launch Milestones Homeownership Hubs to consumers. Like real estate brokers and agents, loan officers are challenged to remain engaged with their clients after the closing.
Buyside rebrands to Percy and snags $10 million in capital for expansion into mortgage
WAV Group has been a tremendous fan of Buyside since the company’s launch. The product allows brokers to leverage their home buyers to pitch home sellers. During a listing presentation, agents share their seller home marketing plan - but with Percy (formerly Buyside), brokers deploying this product have an unfair advantage.