The homebuyer journey is changing – So should you

The 2021 RealTrends Gathering of Eagles real estate conference captured our attention when the role and future of the real estate transaction process for a homebuyer were lively debated. Big players such as Zillow, Redfin, Compass… etc. claim dominance. We examine the need for complete … Continue readingThe homebuyer journey is changing – So should you

Strong refi business, low rates aren’t growing reverse mortgage audience

While the reverse mortgage industry has seen strong business numbers for most of the past year with endorsements largely staying above 4,000 loans a month, the amount of Home Equity Conversion Mortgage (HECM)-to-HECM refinance transactions being done alongside other market factors frankly outside of the … Continue readingStrong refi business, low rates aren’t growing reverse mortgage audience

Strong refi business, low rates aren’t growing reverse mortgage audience

While the reverse mortgage industry has seen strong business numbers for most of the past year with endorsements largely staying above 4,000 loans a month, the amount of Home Equity Conversion Mortgage (HECM)-to-HECM refinance transactions being done alongside other market factors frankly outside of the … Continue readingStrong refi business, low rates aren’t growing reverse mortgage audience

Keller Williams launches KW New Homes Community

Keller Williams is launching the KW New Homes community and partnering with Legacy International to offer new home sales training to address the increasing opportunity in the market. Keller Williams (KW), is collaborating exclusively with Legacy International, an international sales and marketing company, to offer … Continue readingKeller Williams launches KW New Homes Community

Keller Williams launches KW New Homes Community

Keller Williams is launching the KW New Homes community and partnering with Legacy International to offer new home sales training to address the increasing opportunity in the market. Keller Williams (KW), is collaborating exclusively with Legacy International, an international sales and marketing company, to offer … Continue readingKeller Williams launches KW New Homes Community

Mortgage applications jump as rates plummet

Mortgage applications increased 5.7% for the week ending July 23, mostly on the back of fast-falling mortgage rates. The 10-year Treasury yield went into free fall last week, as investors grew concerned about the rise in COVID-19 variant cases and the potential economic fallout, according … Continue readingMortgage applications jump as rates plummet

LO commissions take a hit as refi volume slumps

Loan officers’ wallets slightly deflated in the second quarter, with commissions earned per LO decreasing by 6% year-over-year, according to LBA Ware’s quarterly loan compensation report. Loan volume per LO also took a dive of 4%. The reason? Lenders have more LOs these days. “That … Continue readingLO commissions take a hit as refi volume slumps

CSBS takes cues from GSEs on nonbank servicer standards

The Conference of State Bank Supervisors (CSBS) today released standards for states to craft regulations for nonbank mortgage servicers. The standards largely align with those the GSEs – Fannie Mae and Freddie Mac – already have for their servicers. The regulatory standards focused on financial condition … Continue readingCSBS takes cues from GSEs on nonbank servicer standards