2008 Buyers Contracts Loan Officers 
Housing Wire
JANUARY 27, 2023
The lender runs its business based on a “no-loan-officer” model in which all of its 45 employees are licensed and delegated to a specific role in closing a loan. Back in the 2007-2009 meltdown, we had loan officers with us at that time.
Cleveland Appraisal Blog
OCTOBER 14, 2021
Others have expressed concerns that we are headed for a housing crash, like in 2008. Let’s talk about the difference between today’s market and the one during the years leading up to the bursting of the housing bubble in the Great Recession of 2008. THE RISE IN HOME PRICES IN THE YEARS LEADING TO 2008. I kid you not!
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Appraisal Buzz
MAY 17, 2021
Prices were escalating quickly, and buyers were purchasing in a frenzy for fear of being left behind and not being able to get their foot on the property ladder. In the run-up to the 2008 market crash, appraisers were overworked and took on more than they reasonably could handle. We are seeing that as a profession again.
Housing Wire
MAY 31, 2022
increase year over year for properties under contract, indicating that demand in the city remains strong,” said Elizabeth Anne Stribling-Kivlan, Compass’ senior managing director. The expansion comes amid a surge in mortgage rates and declining loan origination volume. Nationally, there was a year-over-year decrease of 2.3%
Appraisal Today
MAY 10, 2024
The mortgage loan officer handling the loan? In more recent downturns, such as during the 2008 recession, many foreclosures were due to bad lending. To read the Fannie document, Click Here My comments: What will happen to owners and buyers who cannot get insurance or whose costs will go way up? Was it the borrower?
Town & Country Residential Appraisals
JANUARY 24, 2020
The financial collapse of 2008 was a prime example of what happens when various parts of the real estate machine stop functioning objectively and begin to “make deals work.” If you ever experience this from a loan officer, feel free to report this behavior to the CFPB here. They always come in at exactly the contract price.
Appraisal Today
MAY 12, 2023
Most buyers were tech people from the Bay Area. If not working use this link [link] An oldie from 2008 but a goodie ;> A blast from the past, pre-HVCC!! Remember what it was like during the crash after 2008, when there were very few loans, and appraisal volume severely declined? CLICK ON ARROW TO SEE VIDEO ON YOUTUBE!
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