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Supreme Court orders review of recession-era class action against Rocket

Housing Wire

million stemming from allegedly tainted appraisals for 2,769 mortgage loans Quicken Loans originated from 2004 to 2009. ” According to the Fourth Circuit decision in March, plaintiffs are entitled to summary judgment on their claims for conspiracy and unconscionable inducement, but not for the claim regarding breach of contract.

Appraisal 409
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Title insurance industry volume rises 3.6% in Q1

Housing Wire

A strong purchase market and continued home appreciation helped offset ongoing contraction in refinance volume to help drive the 3.6% While the overall expense to purchase a home has increased significantly the past few years, the cost of title insurance coverage has decreased 7% since 2004. million), Florida ($696.6

Insurance 293
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Conservation Easement in Ohio: A Guide to Protecting Our Treasured Land

The Robert Weiler Company

A simple conservation easement definition is a legal contract to protect private land, permanently. While the conservation easement definition establishes the protection of land for future generations to enjoy, there may be specifications for: land subdivisions; property development; property conservation values; and. Land Trusts.

Easement 148
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New Hampshire 2023 Year in Review

Lamacchia Realty

The real estate landscape witnessed significant developments in 2023, as the New Hampshire market saw a historic low in listings. The chart below illustrates the contrast with the period from 2004 to 2006, where a surge in home listings, coupled with low demand, led to the housing crisis—a scenario opposite to the current market climate.

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7 best real estate schools in Illinois (IL) for 2024

Housing Wire

Covers license law, real property, agency, state & federal laws, advertising, valuation, finance, real estate calculations, contracts & more + 15-hr Applied Real Estate Principles, an interactive course Leap Learning 60-hr Online Topics Package $419 60 of required 75 hrs. Self-paced. out of 5 stars Rating: 4.5

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Appraisal Institute Counters Flawed Appraiser Bias Narrative

Appraisal Today

Acres, Built in 2004 Cape Cod style, it is not. Ernie is the Chief Valuation Officer at Voxtur, where he develops innovative solutions for the valuation industry and expands Voxtur Valuation Services. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) increased to 7.13

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Avoid Appraisal Disciplinary Action with These Do’s and Don’ts

McKissock

There should be enough information in your workfile so that you know exactly what you were thinking when you developed and reported that opinion of value. Changing the appraised value simply for the purpose of meeting the contract sales price is not a good reason. What could I have been thinking?”.