Real estate news

• NAR Introduces S.M.A.R.T. Initiatives for 2019 and Beyond

  27-03-2018 22:49
  NAR PULSE—In May, the National Association of REALTORS® Board of Directors will consider a budget proposal that includes $35 million in new programming for its 1.3 million members. The additional funding will go to the association’s new S.M.A.R.T Initiatives (Strategic Measures Advancing REALTORS® to Tomorrow). NAR leaders will be hosting several upcoming events to outline the proposals to members. Learn more.
  Stream Select Sessions From the 2018 REALTOR® Broker Summit LI
  
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• Is the Economy Fostering Optimism in Real Estate? Not Yet

  27-03-2018 22:46
  Confidence in the economy is high, but optimism about ownership is not, according to the National Association of REALTORS® (NAR).
  The amount of buyers who are confident about their prospects shrank to 68 percent in NAR’s quarterly Housing Opportunities and Market Experience (HOME) survey, a decline from 72 percent last quarter. Fifty-five percent of renters have the same sentiment—also a decline, from 60 percent in the quarter prior.
  “The critical shortage of listings in mo
  
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• Case-Shiller: Home Prices Step Up

  27-03-2018 22:39
  Home prices stepped up 6.2 percent in January, according to the S&P CoreLogic/Case-Shiller Indices.
  The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index’s 10-City Composite, which is an average of 10 metros (Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, New York, San Diego, San Francisco and Washington, D.C.), rose 6 percent year-over-year, unchanged from December.
  The 20-City Composite—which is an average of the 10 metros in the 10-City Composite, plus
  
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• Here’s your first look at HW's 2018 Tech100

  27-03-2018 20:00
  
  Hundreds of companies applied for the honor of being named to the HW Tech100, a list of the most innovative tech companies in the housing and mortgage finance space... but only 100 were crowned. We know, you can’t wait and neither can we! So, click here for a sneak preview of some of the companies that made our list.
  
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• Loan officers should be able to answer this question in 30 seconds or less

  27-03-2018 16:24
  
  Mortgage loan officers face a challenge this year: With mortgage interest rates on the rise, the pool of eligible rate/term refinance borrowers shrinks. As that side of the business is waning, loan officers must work harder to earn a borrower’s business. So, ask yourself this: Why should borrowers do business with you over the competition?
  
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• LendingLife reader: “Only a handful of AMCs will remain in a few years”

  27-03-2018 16:00
  Last week readers of LendingLife got a first look at the Veros, Valligent partnership promising to cut mortgage lending cost.In that article, it's written that a big part of that cost savings would be taking the legwork out of valuations.More importantly, the news set off some responses from LendingLife readers, not just on the partnership, but on the state of the valuations industry as a whole.
  
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• Ask the Underwriter: Does the American Dream of homeownership apply to DACA recipients?

  27-03-2018 16:00
  
  Question from a loan officer: I have a borrower who is a DACA recipient. Their Employment Authorization Card was just renewed in February but with all of the uncertainty regarding the DACA Program, is it still possible for them to get a mortgage loan?
  
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• MGIC add Sean Valcamp as vice president, chief information security officer

  27-03-2018 00:26
  
  Mortgage Guaranty Insurance Corporation, the mortgage insurance subsidiary of MGIC Investment Corporation, has a new person in charge of keeping its information safe. MGIC announced recently that it hired Sean Valcamp as vice president – chief information security officer.
  
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