Todays News Stories:
Sereno Group: Exceeding Industry Standards Every Step of the Way
9/21/2018 11:03 PM
(L to R) Tim Proschold, Vice President of Group Strategy and Success; Ryan Iwanaga, Executive Vice President; Barbara Cole, Chief Operating Officer; Chris Trapani, Chief Executive Officer Chris Trapani and Ryan Iwanaga grew up together in the quiet, rolling suburbs of Northern California that would grow into the Silicon Valley—and the Sereno Gro...Read More
Cheri Fama: Professionalism and Service Win the Day
9/21/2018 11:02 PM
Vitals: John Daugherty, REALTORS® Years in Business: 51 Size: 3 offices, 150 agents Region Served: The Greater Houston area 2017 Sales Volume: $1.108 billion 2017 Transactions: 1,455 No. 235 in sales volume in RISMedia’s 2018 Power Broker Report With the dual role of president and chief o...Read More
Remodeling Spending to Spike
9/21/2018 11:00 PM
Across 50 of the largest major markets, home remodeling spending will spike this year, according to findings released by the Remodeling Futures Program at the Joint Center for Housing Studies at Harvard University. Expenditures for home remodels will rise by 5 percent in 41 of the 50 markets, and by 10 percent more in 11—the […] The...Read More
No Gain, No Loss: Existing-Home Sales Stabilize
9/20/2018 3:48 PM
August existing-home sales stabilized, ending a regressive streak, the National Association of REALTORS® (NAR) reports. At 5.34 million, activity neither decreased nor increased from July, but was down 1.5 percent from the prior year. Inventory month-over-month also steadied, at 1.92 million—a jump from 1.87 million the prior year. Activity...Read More
Making Moves for REALTORS: One-on-One With Bob Goldberg
9/19/2018 3:12 PM
Credit: AJ Canaria of PlanOmatic Bob Goldberg has had an action-packed year. In just a little more than 12 months since taking the helm as CEO of the National Association of REALTORS®, Goldberg has implemented an array of internal changes and spearheaded several key initiatives designed to better serve members. During a special one-on-one i...Read More
The .realestate Member Pre-Sale Has Begun!
9/18/2018 2:49 PM
NAR PULSE—Your agents cover a lot of ground…your digital presence should, too. From Sept. 18-Nov. 16, REALTORS® with an active .realtor™ domain—FREE for the first year, one per individual member—have exclusive access to purchase .realestate domains before they become available to the public. From to bayside.realesta...Read More
Hurricane Florence: 32 Deaths, Housing Shortages and Increasing Flooding Dangers
9/18/2018 2:46 PM
Hurricane Florence made landfall in the Carolinas over the weekend, battering the region and surrounding states with record amounts of rainfall; over 30 inches fell in Swansboro, N.C. by Saturday, Sept. 15, as reported by the National Weather Service. Sources report at least 32 people have died from weather-related events; however, this number c...Read More
Poised for the Future: zipLogixTM
9/18/2018 2:43 PM
zipLogix™ Aims to Dramatically Improve the Real Estate Process  RISMedia’s Real Estate magazine recently had the opportunity to chat with Scott Strong as the one-year anniversary of his appointment as CEO of zipLogix™ approaches. In this exclusive interview, Strong provides a closer look at the momentum that’s propelli...Read More
7 Benefits of a Federal Reserve Interest Rate Hike
9/18/2018 2:26 PM
(TNS)—Interest rates are going up. The Federal Reserve in June hiked rates for the second time in 2018, and there could be two more rate hikes before the end of the year, including one at this month’s Fed meeting. Sure, the increases mean it will cost more to borrow—but you’ll benefit from getting better rates on […] <...Read More
Luxury Beckons in Belize
9/17/2018 2:52 PM
Established in 2004, Vista Real Estate Belize is a full-service company proudly offering Belize’s highest level of real estate services. With five staff members, three agents and one broker, the firm serves the country’s six districts (Corozal, Orange Walk, Belize, Cayo, Stann Creek and Toledo), in addition to the surrounding islands...Read More

Todays News Stories:
MBS RECAP: Might as Well Hit This Weekend With Some Hope
9/21/2018 4:28 PM
Posted To: MBS CommentaryBy today, it became clear that bonds were fully locked into a sideways consolidation in a range defined by the highs seen on Wed/Thu and the lows marked by the 3.06% technical levels. Of the past 3 sideways days, today was the least volatile and most lenders saw fit to offer just s...Read More
Best Day of a Rotten Week For Mortgage Rates
9/21/2018 3:46 PM
Posted To: Mortgage Rate WatchMortgage rates actually fell today, on average--something they haven"t been able to say all week, or indeed at nearly any time during the past 4 weeks. Yesterday, in particular, was the worst day for rates since 2011 for most lenders, with anything less than an ideal loan scenario ...Read More
Many Enlist, but Flood Coverage Still Falls Short
9/21/2018 3:44 PM
Posted To: MND NewsWireEven as flood water continue to sit in living rooms and kitchens across a large swath of North Carolina it is clear that most of those homes are not insured against the damage. Mary Williams Walsh, writing in the New York Times, says that in North Carolina and South Carolina, which suffered less wi...Read More
MBS Day Ahead: Pain and Belief Radiating Across The Rate Spectrum
9/21/2018 9:15 AM
Posted To: MBS CommentaryMore often than not, when I use the word "believe" (or belief), it's in some vague and positive context. For instance, something like "bond buyers are starting to believe again." That won't be the case today--at least not as far as the positive context i...Read More
Investor Products; Mortgage Fraud Paper; Wells, PUF, BMO Harris Personnel Changes
9/21/2018 7:40 AM
Posted To: Pipeline PressWhen I spent an hour interviewing Angelo Mozilo on stage last week for the American Pacific Mortgage Summit, one of the issues we discussed was the competitive environment for lenders, and the evolution of the mortgage loan originator. Angelo, who is very much in com...Read More
MBS RECAP: Not a Win, But At Least It"s Not a Loss
9/20/2018 4:28 PM
Posted To: MBS CommentaryAfter a series of demoralizing losses, it feels like some small victory for bonds to simply remain sideways today. That wasn't necessarily a given early this morning. In fact, yields hit new intraday highs for the week--the highest levels since May. Move down the curve just a b...Read More
Mortgage Rates Trying to Stop The Bleeding
9/20/2018 3:40 PM
Posted To: Mortgage Rate WatchMortgage rates were mostly able to hold steady today, although they technically moved just a bit higher and that technically leaves them at the highest levels in 7 years. But hey! Let"s focus on the positives... In terms of day-over-day changes, today was the best day of the week s...Read More
Existing Home Sales Level Out After Long Decline
9/20/2018 10:25 AM
Posted To: MND NewsWireIt was a disappointment, but at least it wasn"t a loss. Existing home sales, which were expected to increase in August after four straight months of declines instead remained unchanged from July. In fact, almost the entire report on August"s existing home sales can be summarized by the word, "flat....Read More
Vendor Mgt. and POS Products; Upcoming Events; Ask a Lender"s Sunset?
9/20/2018 8:00 AM
Posted To: Pipeline PressThis Saturday is the autumn equinox – season-wise, we know what is on the way. “Rob, we, like everyone else, are watching the approaching winter, and higher rates, and wondering if there are ways to improve our financial picture without laying people off ...Read More
MBS Day Ahead: Long-Term Trend is a Cheap Trick. Here"s The Reality For Rates
9/20/2018 7:18 AM
Posted To: MBS CommentaryOne of the themes we often revisit in times of trouble is the long-term bull market in bonds. This traces back to the 80's and provides a shockingly linear set of lower highs and lower lows in 10yr yields. Most recently, we've seen yields rise back to the upper boundary of ...Read More

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