Industry Update: the Future of eClosing and RON

Join industry experts for an in-depth discussion on the future of eClosing and how hybrid and RON closings benefit lenders and borrowers.

DOJ v. NAR and the ethics of real estate commissions

Today’s HousingWire Daily features the first-ever episode of Houses in Motion. We discuss the Department of Justice’s recent move to withdraw from a settlement agreement with the NAR.

Hopes for generational investment in housing fade in DC

Despite a Democratic majority, the likelihood of a massive investment in housing via a $3.5 trillion social infrastructure package appears slim these days. HW+ Premium Content

How Biden’s Neighborhood Homes proposal impacts real estate investors

Dubbed the Neighborhood Homes Tax Credit, the proposal is part of the larger American Jobs Plan legislation — also known as Biden’s infrastructure plan. Here's a look into how it impacts real estate investors.


2020 HW Tech Trendsetter: Brian Zitin

Reggora, Cofounder and CEO

Brian Zitin, Cofounder and CEO, Reggora

Brian Zitin is revolutionizing the appraisal process with a two-sided platform for mortgage lenders and appraisal vendors. Not only is Zitin modernizing the experience for everyone involved, Reggora’s technology is designed to reduce turn times and help the industry get closer to a one-day mortgage reality. Zitin is leading the Reggora team and product development with three core focuses: shortening the overall amount of time it takes to complete an appraisal; reducing lenders’ operational costs and the amount of time spent managing the appraisal process; and creating a more transparent experience for banks and homebuyers. Reggora’s platform now automates the majority of the appraisal workflow for mortgage lenders. This includes instant order allocation for new appraisals, facilitating borrower payment, appraisal scheduling, automated notifications and transparency for everyone involved, automated appraisal review and underwriting, electronic appraisal delivery to the borrower, vendor payments and more. When COVID-19 struck, Zitin quickly evaluated market needs to bring solutions to the market. By April 2020, the Reggora team had released Virtual Inspection, a browser-based, mobile-optimized tool that lenders can trigger from their Reggora platform. Unlike similar tools made just for home appraisers, Virtual Inspection integrates with lenders’ existing Reggora workflows and automates the entire process, pulling relevant information from the LOS.

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The housing market is losing steam

Mortgage applications for new home purchases decreased 3% from May and 23.8% year over year, suggesting buyer fatigue in the housing market.

Jul 20, 2021 By
3d rendering of a row of luxury townhouses along a street

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