Real Estate

RE/MAX getting into the mortgage business; launches Motto Mortgage

Plans to open mortgage brokerage franchises across the country
While most of the biggest names in mortgage lending are focused on the Mortgage Bankers Association’s annual conference, taking place right now in Boston, one of the biggest names in real estate revealed that it is getting into the mortgage business. On Tuesday, RE/MAX announced that it is launching Motto Mortgage, a mortgage brokerage franchise that the company plans to take nationwide.
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Case-Shiller: Rising house prices just below record highs

Catching up with 2006
Home prices are continuing to rise; now mere basis points below the all-time highs for prices, set in 2006. According to the latest data released Tuesday by S&P Dow Jones Indices and CoreLogic, the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which covers all nine U.S. census divisions, reported a 5.3% annual gain in August, just off the July 2006 peak.
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Economist: Home price gains aside, housing is still really affordable

Mark Fleming tells all at MBA Conference
Home prices are going up, with some markets already hitting housing boom peaks, but that doesn’t mean affordability is strained. According to First American’s chief economist, real home prices are actually far below housing boom levels, and much more affordable. Here’s the latest from what housing experts are saying in Boston.
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This is where mortgage technology is headed

One day soon, entire lending process will be online
Technology is revolutionizing the way our world thinks, works, communicates and even plays. When it comes to the housing industry, however, it seems to lag a bit behind, but that could all be about to change. Panelists from the MBA conference in Boston chime in on the subject.
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Speakers at MBA Annual focus on 3 changes coming to housing

Get on the bus or get left behind
The Mortgage Bankers Association opened conference activities with a talk to the industry, explaining some of the changes taking place. So who is renewing their call for a housing policy director at the White House, in order to represent the needs of the housing industry in Washington? Click here to find out.
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Altisource Origination Services rebrands as Trelix

Will launch new tech platform in 2017
Altisource Origination Services announced today it is leaving the Altisource name behind, and rebranding itself as Trelix. The name change is more than just a name change, according to the company president, who calls it the next step in the company's evolution. The company will also make another announcement in 2017 introducing its new technology platform.
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HousingWire hires new leader to head sales team

Jennifer Watson Laws brings nearly 20 years of experience
HousingWire hired Jennifer Watson Laws as its new national sales director. Watson Laws brings years of experience as an executive, her career spanning digital, print and out-of-home platforms. HousingWire CEO talks about the new hire, and why she’s a perfect fit.
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Appraisal volume drops four weeks straight

Four-week average falls into negative territory
Appraisal volume continues to struggle to lift off this fall, with volume now declining four weeks straight. However, on the positive side, the drop is smaller than several previous reports.
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