Real estate news

• KBRA: Mortgage lending will peak in 2016, fall off in 2017 and beyond

  29-11-2016 23:41
  
  To borrow a phrase from Game of Thrones, winter is coming in more ways than just on the calendar. Winter is coming from mortgage lending too, according to a new report from Kroll Bond Rating Agency. KBRA’s new report states that 2016 will likely be the peak year for mortgage originations for “years to come,” as a fall in origination volume will occur in 2017 and beyond.
  
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• Last Day to Save 10 Percent on NAR’s Must-Have Guide for Brokers

  29-11-2016 23:02
  
  NAR PULSE—Order your copy of Real Estate Brokerage Essentials®: Navigating Legal Risks and Managing a Successful Brokerage today. Created by NAR’s Legal Team, this comprehensive business tool is your key to managing a successful brokerage. Save 10 percent when you use REBEPPS at checkout—offer ends today! Order here.
  REALTOR® Broker Summit Keynote Announced; Early Bird Registration EndsKerri Walsh-Jennings, professional beach volleyball player and five-time Olympian, wi
  
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• Case-Shiller: Home Prices Fully Recovered from Recession

  29-11-2016 22:58
  
  Home prices in the U.S. have fully recovered from the recession, remaining on a pick-up with a 5.5 percent annual gain in September, according to data from the S&P CoreLogic Case-Shiller Indices, and advancing from the 5.1 percent seen in August.
  The 10-City Composite in the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 4.3 percent annual increase in September, up from 4.2 percent the previous month, and the 20-City Composite reported a 5.1 percent annual incre
  
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• David Howell: Getting Beyond ‘Normal’

  29-11-2016 22:55
  
  Before coming aboard McEnearney Associates in 1996, David Howell was the owner and principal broker of his own real estate company for 12 years—though his path to the industry was a little unconventional.
  “My wife and I acquired a real estate company owned by friends of my in-laws, although that wasn’t our intention,” he says. “We were looking to get involved as agents, but they told us they were retiring, and shortly thereafter, we ended up buying their company and
  
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• Flexibility and Openness: A Winning Strategy

  29-11-2016 22:47
  
  In the following interview, Al Wimberly, co-founder and broker in charge of Sellstate Select, Mooresville, N.C., discusses reaching and serving clients through education, social media and technology.Region Served: North Carolina
  Years in Real Estate: 22
  Number of Offices: 1 and expanding
  Number of Agents: 62
  Favorite Way to Unwind: With family, friends, cooking, food, fishing, community involvement and charitable sponsorship
  What’s your top strategy for closing a transaction?There are many
  
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• CFPB warns companies about engaging in Wells Fargo-like sales incentives

  29-11-2016 19:44
  
  The Consumer Financial Protection Bureau just fired a shot across the bow of all companies that provide financial services to consumers, warning companies about the risks inherent in sales incentives programs like the one that led to a massive fine being handed down against Wells Fargo.
  
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• Incenter expands into title services with latest acquisition

  29-11-2016 17:57
  
  Incenter, which recently expanded by launching a mortgage-focused broker-dealer called Incenter Securities Group, is expanding again – into title and settlement services. Incenter, a Blackstone portfolio company, announced Monday that it acquired Boston National, a provider of title and settlement services headquartered in Charlotte, North Carolina.
  
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• Financial markets remain unimpressed by strong GDP report

  29-11-2016 17:57
  
  The strong GDP is based on strong corporate profits, though this did not translate into a rally in the bond markets, as some would expect, especially considering that federal spending is also up. So why the bearish bond activity?
  
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• Bond markets remain unimpressed by strong GDP report

  29-11-2016 17:57
  
  The strong GDP is based on strong corporate profits, though this did not translate into a rally in the bond markets, as some would expect, especially considering that federal spending is also up. So why the bearish bond activity?
  
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• Freddie Mac's officially gives approval to four eMortgage vendors

  29-11-2016 17:45
  
  The industry is quickly evolving to go to more digital, and Freddie Mac is right there with it to assist in the change. The GSE published an official list of approved eMortgage vendors to better streamline the mortgage process and to help encourage the use of digital mortgages. For anyone looking to go digital, check out this latest list.
  
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• Freddie Mac officially gives approval to four eMortgage vendors

  29-11-2016 17:45
  
  The industry is quickly evolving to go more digital, and Freddie Mac is right there with it to assist in the change. The GSE published an official list of approved eMortgage vendors to better streamline the mortgage process and to help encourage the use of digital mortgages. For anyone looking to go digital, check out this latest list.
  
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• Case-Shiller: Home prices finally surpass record highs set a decade ago

  29-11-2016 16:20
  
  Home prices finally surpassed their all-time highs set in July 2006 as the housing boom topped out. But despite the steady build up to this the past few months, the new highs aren’t necessarily a win after digging deeper into the data.
  
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• Real Estate Tech Companies VTS and Hightower to Merge in $300 ... - Wall Street Journal

  29-11-2016 16:00
  
  Wall Street Journal
  Real Estate Tech Companies VTS and Hightower to Merge in $300 ...
  Wall Street Journal
  Two technology startups that help commercial-real-estate owners and brokers manage their businesses are merging in a deal that will create one of the largest ...and more »
  
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• As expected, appraisal volume plummets after Thanksgiving holiday

  29-11-2016 01:15
  
  Appraisal volume, to no surprise, tumbled in the latest report due to the Thanksgiving holiday. However, a la mode explains how this drop compares to the past.
  
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• PHH handed next move in battle with CFPB

  29-11-2016 00:58
  
  There's not exact date on when the battle between PHH and the CFPB will be over. But here's what we do know: the next move belongs to PHH. A 15-day countdown for PHH to file a response to the CFPB appealing the U.S. Court of Appeals for the District of Columbia Circuit ruling officially started Monday.
  
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• Zillow to pay $6 million to settle alleged labor violations

  29-11-2016 00:04
  
  Zillow Group will pay as much as $6 million to settle a class action lawsuit that accused the company of violating federal labor laws, the online real estate giant announced Monday. The lawsuit accused the company of allegedly failing to provide meal and rest breaks, failing to pay overtime and failing to keep accurate records of employees' hours worked for “certain inside sales consultants.”
  
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