Lunch & Learn: Are appraisals the next big opportunity in mortgage fulfillment?

This Lunch & Learn for mortgage lenders will explore the evolution of the appraisal process as well as opportunities for innovation.

HousingWire Annual Virtual Summit

Sessions from HousingWire Annual 2021 are going to be virtually streamed on October 25. Register now for FREE to tune into what housing industry leaders had to say this year!

How Freddie Mac is addressing affordable housing challenges

Freddie Mac is focused on addressing limited access to credit, housing inequalities, creation and preservation of affordable housing supply and advancement of homeownership education.

How to increase minority homeownership?

Today’s HousingWire Daily features a roundtable discussion from HousingWire’s Lunch & Learn series that looks at “Unpacking the lender’s vital role in increasing minority homeownership.”

BrokerageMortgageReal Estate

Is 166-year-old Baird & Warner ahead of its time?

An interview with Stephen Baird of the Chicago brokerage, who has some pointed thoughts on how his brethren should enter mortgage

HW+ Baird & Warner
Baird & Warner President and CEO Stephen Baird

Baird & Warner lays claim to be the oldest U.S. brokerage still in operation, launching in 1855.

In the 1960s, its then-executive John Baird tussled with the National Association of Realtors (NAR) over that group’s enforcement of redlining as Baird wanted to sell homes to Black people in areas that lenders and agents marked as white only. The fight for Illinois legislation over the matter was part of what eventually lead to the 1967 federal Fair Housing Act. In 1991, John Baird’s son, Stephen Baird, took over as president and later CEO of the brokerage.

The business’s legacy was venerated at various point such as in 2005 when then Chicago Mayor Richard M. Daley declared March 28 “Baird & Warner Day,” and a route alongside LaSalle Street was named “Baird & Warner Drive.”

But far from a relic of a bygone era, Baird & Warner is still going absent any mergers, acquisitions, or change in their Chicago focus. The company is the 26th largest brokerage in the country by sales volume, according to RealTrends 2020 figures, with $6.4 billion.

This content is exclusively for HW+ members.

Start an HW+ Membership now for less than $1 a day.

Your HW+ Membership includes:

  • Unlimited access to HW+ articles and analysis
  • Exclusive access to the HW+ Slack community and virtual events
  • HousingWire Magazine delivered to your home or office
  • Become a member today

    Already a member? log in

    Most Popular Articles

    FHFA to make desktop appraisals permanent

    Desktop appraisals, a temporary flexibility implemented in March 2020 amid lockdowns and social distancing, will become permanent, the FHFA said today.

    Oct 18, 2021 By

    Latest Articles

    Rocket Pro TPO redesigns pricing calculator for brokers

    Rocket Pro TPO aims to help its broker partners grow their businesses. The new Pricing Calculator provides brokers with fast, reliable and accessible information that can help differentiate them from competitors. In the midst of this serious housing shortage, brokers need tools to help them provide top-notch service to homebuyers. 

    Oct 22, 2021 By
    3d rendering of a row of luxury townhouses along a street

    Log In

    Forgot Password?

    Don't have an account? Please