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Home2023September

Month: September 2023

New York Post

The only home Marilyn Monroe ever owned, and where she died, faces demolition

September 7, 2023 Mariel Alumit Comments Off on The only home Marilyn Monroe ever owned, and where she died, faces demolition

The storied final residence of Hollywood icon Marilyn Monroe, where her lifeless body was discovered more than six decades ago, is teetering on the brink of a significant transformation. The owner of this historic Brentwood […]

New York Post

Annual REBNY gala will return to gathering in ‘dead of winter’ in 2024

September 7, 2023 Mariel Alumit Comments Off on Annual REBNY gala will return to gathering in ‘dead of winter’ in 2024

The city’s real estate royalty will once again have to bundle up for the year’s most prestigious annual gala – and they’re glad about it. The Real Estate Board of New York will host its […]

New city
New York Post

New city rule will sprout more sidewalk sheds despite Mayor Adams’ ‘Get Sheds Down’ program

September 7, 2023 Mariel Alumit Comments Off on New city rule will sprout more sidewalk sheds despite Mayor Adams’ ‘Get Sheds Down’ program

The city keeps piling on new sidewalk-shed requirements even as Mayor Eric Adams touts a mostly toothless “Get Sheds Down” program. Starting Sept. 28, landlords must perform annual “parapet observations” as spelled out in new […]

housing
Housing Wire

DataDigest: How hot is housing? Three ways to tell

September 7, 2023 Mariel Alumit Comments Off on DataDigest: How hot is housing? Three ways to tell

How hot is the housing market? There is certainly no shortage of indicators, but three in particular were published in the last week: the S&P/Case-Shiller Home Price Index, the All-Transactions House Price Index from the […]

Housing Wire

Opinion: A merger to rewire the housing ecosystem

September 7, 2023 Mariel Alumit Comments Off on Opinion: A merger to rewire the housing ecosystem

The ICE — Black Knight merger creates the first end-to-end digital infrastructure that will reorder incentives and change how housing markets operate. New competitive pressures on long-protected positions will force many to rethink delivery systems and […]

Housing Wire

FundingShield partners with Tata Consultancy Services on wire fraud prevention

September 7, 2023 Mariel Alumit Comments Off on FundingShield partners with Tata Consultancy Services on wire fraud prevention

FundingShield, the fintech provider of plug-and-play solutions to manage risk, compliance and fraud prevention, has partnered with Tata Consultancy Services (TCS), a technology services and consulting company. The partnership comes amid an increase in wire […]

Housing Wire

Opinion: Real estate agents can flourish in an AI-flooded market

September 7, 2023 Mariel Alumit Comments Off on Opinion: Real estate agents can flourish in an AI-flooded market

Generative artificial intellegence, such as ChatGPT, is changing everything—a statement that comes as little surprise to anyone these days, and least of all to the many real estate agents whose markets are being saturated by […]

Housing Wire

Fitch: Title industry heavyweights maintain outstanding rating despite headwinds

September 7, 2023 Mariel Alumit Comments Off on Fitch: Title industry heavyweights maintain outstanding rating despite headwinds

Despite the economic headwinds, the title industry remains strong, according to Fitch Ratings’ title industry September 2023 Peer Review. According to Fitch, the Big Four title companies, Stewart, First American, Fidelity and Old Republic, accounted […]

Housing Wire

UWM expands its hard credit reports program

September 7, 2023 Mariel Alumit Comments Off on UWM expands its hard credit reports program

United Wholesale Mortgage (UWM) has enhanced its Safe Check program, which provides credit reports without initiating unwanted trigger lead solicitations to brokers’ competitors. In some cases, the lender will provide a hard credit report at […]

RE/MAX
Housing Wire

RE/MAX Proper acquires indie brokerage All Nations

September 7, 2023 Mariel Alumit Comments Off on RE/MAX Proper acquires indie brokerage All Nations

California-based RE/MAX Proper has acquired All Nations Realty and Investments, an independent brokerage in Rancho Cucamonga. In total, 126 agents and staff members at All Nations have joined RE/Max Proper, increasing the total agent count […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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