Housing Wire

JANUARY 4, 2023

BRENT CHANDLER: FormFree’s commitment to the American Red Cross stems back to its founding in 2008 when we began supporting the nonprofit through participation in blood drives, food drives and fundraisers. How has the event grown or changed over time? What accomplishments are you most proud of?

Training 454

Training Technology Mortgage 454

Housing Wire

JUNE 5, 2023

Up until the financial crisis in 2008, mortgage brokers held nearly 50% market share. From marketing and product offerings to training and technology, there are many resources that originators can take advantage of as independent mortgage brokers. HW: How has wholesale changed over the past 2–3 years?

Mortgage 342

Mortgage Retail Lending Loan Officers 342

Appraiserblogs

AUGUST 18, 2022

Valuation Jiu-Jitsu Will Lead to Future Addie Polks Addie Polk was a 91-year-old African-American widow who shot herself in the chest in 2008 during a Fannie Mae-initiated eviction in Akron, Ohio. Amrock Mandatory Diversity Training An appraiser shared the following with us. There are now signs of new abuses. Only Blacks Need Apply.

Training 127

Training Valuation Appraisal Mortgage 127

Housing Wire

JANUARY 7, 2021

“I think there was an element of 2008 that helped accelerate online real estate, at least on the search side and people’s dependability on it to adopt to change,” Black said. “I Home Swap is offered exclusively through local real estate professionals who have been trained as Knock Certified Agents.

Marketing 382

Marketing Real Estate Training Agents 382

Housing Wire

JANUARY 27, 2023

After the 2008 mortgage meltdown, JVM let go of all its loan originators and trained its employees to target the jumbo loan market in the San Francisco Bay area instead. Back in the 2007-2009 meltdown, we had loan officers with us at that time.

Lending 359

Lending Real Estate Agent Loan Officers Retail 359

Housing Wire

SEPTEMBER 20, 2022

The housing industry is much more regulated in a post housing crisis era, and ARMs may not be utilized as they were pre-2008. We believe in enterprise loan quality, which includes the lender, technology, and a trained third-party, like QC Ally. Fannie Mae introduced the QC Calibrations in their Seller’s Guide on June 22, 2022.

Marketing 299

Marketing Training Clients Technology 299

Housing Wire

FEBRUARY 14, 2023

Looking back, 2008 was a great “practice run” for a changing market and I have worked hard to eliminate debt and ensure that I am financially ready to ride whatever the new market brings our way!! I love to teach and train, motivate and inspire. Inspiring and educating others has also been part of my journey.

Marketing 323

Marketing Real Estate Agents Training 323

Housing Wire

MARCH 30, 2023

The 2008 LOI were revised in 2012, and in December 2017, FHFA issued another revision to the LOI that was effective in early 2018. In addition, the OIG determined “several instances in which FHFA’s conservatorship decision policy and procedures did not align with FHFA’s current practices or lacked clarity,” the report states.

Training 306

Training Government Finance 306

Housing Wire

AUGUST 3, 2022

Some closed in 2008 crash. My company chose them for the chopping block for valid and financially solid reasons — management changes and choices (good or bad), pricing, market, fear, plans that didn’t work, training, etc. The salary, raises, increased certification, human resources, training and more can be handled by the contractor.

Mortgage 346

Mortgage Contracts Human Resources Training 346

Housing Wire

APRIL 18, 2024

The Urban Institute report, published in November 2023, shows that the average number of months from origination to repurchase between 2005 to 2008 (prior to and during the early stages of the global financial crisis ) was 46 months for Freddie Mac and 52 months for Fannie Mae.

Investors 358

Investors Technology Mortgage Training 358

Housing Wire

NOVEMBER 23, 2021

Interfirst was founded in 2001 as a retail originator and then expanded to the wholesale channel and the correspondent channel in 2008 and 2011, respectively. In 2017, after years of plummeting volumes, the company, led by CEO Dmitry Godin, decided to shutter its business, only to relaunch in 2020.

Mortgage 353

Mortgage Loan Officers Retail Technology 353

Housing Wire

NOVEMBER 4, 2020

Provide supplier training and education about sustaining through the crisis, or messaging around their requirements. “We We are also uniquely qualified to address the influx over assets in REO once the moratorium is lifted, due to our experience during the previous crisis in 2008,” Murray said.

Lending 278

Lending Clients Training Investors 278

Housing Wire

MAY 25, 2023

Additionally, because HECM /Reverse for Purchase did not exist until late 2008, many don’t fully understand the value propositions the product poses. “We “Now add the Reverse for Purchase product to the mix and you have a niche within a niche; that can make it even harder to break through.”

Loan Officers 374

Loan Officers Real Estate Agent Real Estate Finance 374

Housing Wire

JANUARY 15, 2021

Lenders like my firm are committed to outreach to find and make loans to minorities, including training our loan originators to be responsive to the needs of underserved borrowers. Put in place in 2013 as one of several temporary actions to boost FHA reserves after the 2008 housing crisis, it has far outlived its need.

Mortgage 231

Mortgage Training Insurance Construction 231

Housing Wire

FEBRUARY 10, 2021

After the 2008 financial crisis, regulators enhanced long-standing fair lending examination guidelines to incorporate the concept of fair servicing. A new presidential administration and a clarion call from the Consumer Financial Protection Bureau has transformed fair servicing from a seemingly remote risk into a front and center mandate.

Law 401

Law Lending Training Investors 401

Housing Wire

SEPTEMBER 28, 2023

The 2008 housing crisis happened 15 years ago. They should also be on top of other compliance considerations such as oversight, training, staffing recommendations and, above all, documenting everything. It’s harder, more expensive and more time-consuming to foreclose on a defaulted mortgage today than ever before.

Legal 407

Legal Training Real Estate Business 407

Housing Wire

DECEMBER 16, 2021

From 2008-2019, my premise for housing was that we would see the weakest housing recovery ever and that housing starts wouldn’t start a year at 1.5 We are finally here on schedule, which means that the low bar that housing enjoyed from 2008-2019 is also gone. million or higher until 2020-2024, when demand finally warrants it.

Training 469

Training Construction Investing Mortgage 469

Housing Wire

AUGUST 7, 2020

Nichols pointed out that after the 2008 financial crisis, wholesale lending began using technology that helped match pace with the processes of retail lenders. Kortas said he actually trains his competition and his licensing team helps loan officers get licenses because that will make the environment stronger in the long run.

Retail 364

Retail Mortgage Loan Officers Marketing 364

Housing Wire

FEBRUARY 10, 2022

Per regulations put into place by the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (“SAFE Act”) and enforced by the Nationwide Mortgage Licensing System and Registry , every loan officer must spend an average of eight hours on an annual basis to recertify their national license.

Loan Officers 343

Loan Officers Law Training Lending 343

Realvals

MARCH 8, 2024

The Administration Building on Treasure Island, listed on February 26, 2008, showcases the area’s significance during the Golden Gate International Exposition and its role in naval history. Treasure Island 2/26/2008 Albert Wilford Houses 2121 & 2127 Vallejo St. San Francisco 1/31/2008 Dallam-Merritt House 2355 Washington St.

Architecture 78

Architecture Marketing Decorating Transportation 78

Lamacchia Realty

JANUARY 14, 2022

The agents tune into weekly training either in person or remotely, apply what they learn, and opt into the numerous services Lamacchia Realty provides, and it shows. training ,? I mean just look at those numbers! I look forward to seeing where 2022 takes us. Meghan Gulbicki. Worcester Office Manager. Lamacchia Realty’s?

Realty 70

Realty Realtors Training Brokerage 70

Housing Wire

DECEMBER 28, 2023

This is a lot different than 2008 where you needed a credit score and a heartbeat to get a mortgage. Nurturing referral partners, training agents Mortgage origination volume for 2023 are expected at around $1.64 Now, you need to be very qualified in order to get a mortgage,” he said. About 80% of that figure, or $1.32

Business 401

Business Mortgage Loan Officers Inventory 401

Housing Wire

SEPTEMBER 22, 2023

When the stock market hit in 2008, I went to my financial advisor and told him to take out all my money. I started TM5 with no broker help, no training or anything. TM: I had to rebuild myself mentally, spiritually and physically. I was in a transition, thinking, “What am I going to do with my life?” billion in sales in eight years.

Real Estate 350

Real Estate Real Estate Agent Business Investing 350

Appraisal Today

SEPTEMBER 22, 2023

They included appraisers, real estate agents, and someone with a week, a month, or online video training. Most of the inspection training we receive as appraisers happens in the field. Sometimes, the “training” was not as thorough as it should have been. That was my training. Inspection training was very good.

Appraisal 86

Appraisal Training Inspection Real Estate 86

Housing Wire

NOVEMBER 5, 2020

It reminds me of the early 2000s, when the focus was growth and anyone who had a heartbeat could become a broker, whether they had proper training or not. I think there’s been a focus on growing the broker channel at the expense of really educating the broker channel. That mentality is going to backfire on us.

Mortgage 449

Mortgage Loan Officers Tools Training 449

Housing Wire

JUNE 7, 2021

As a candidate, Biden’s campaign said he would “establish a national standard for housing appraisals” to ensure that appraisers are adequately trained, understand the neighborhoods in which they work and “do not hold implicit biases” that influence their work.

Appraisal Process 464

Appraisal Process Appraisal Decorating Valuation 464

Housing Wire

MAY 10, 2022

Rising rates slowed the rate-term refinance train in the fourth quarter of last year, according to the CoreLogic report, moving the market toward purchase loans — and increased mortgage-fraud risks. CoreLogic’s most recent quarterly fraud report showed that its Application Fraud Risk Index jumped by 10.4% year over year as of April and 36.4%

Mortgage 374

Mortgage Marketing Finance Insurance 374

Appraisal Partners Blog

OCTOBER 28, 2019

Significant repairs were made in 2008 & 2009 to the exterior of the home, but the interior remains in disrepair. Due to the current condition of the home, it was placed on the Ten Most Endangered Historic Properties list from 2008 – 2011. James Collier Marshall was a pioneer and entrepreneur.

Real Estate Agent 78

Real Estate Agent Appraisal Real Estate Training 78

Genworth MI Blog

MAY 28, 2020

In 2008, Congress passed the Housing and Economic Reform Act. Underwriter/risk training – examine whether your staff has sufficient awareness and training on manufactured housing. A Duty to Serve. Affordable housing has been of interest to our representatives in Washington for some time.

Construction 148

Construction Loan Officers Training Lending 148

Housing Wire

AUGUST 25, 2022

.” Lenders are making a play with jumbo adjustable-rate mortgages (ARM), a product that has made a comeback after falling out of favor due to their role in the housing crash of 2008 and a decade-plus of fixed-rate mortgages under 5%. Time and training.

Mortgage 384

Mortgage Loan Officers Finance Investors 384

Lamacchia Realty

JANUARY 14, 2022

The agents tune into weekly training either in person or remotely, apply what they learn, and opt into the numerous services Lamacchia Realty provides, and it shows. training ,? I mean just look at those numbers! I look forward to seeing where 2022 takes us. Meghan Gulbicki. Worcester Office Manager. Lamacchia Realty’s?

Realty 36

Realty Realtors Training Brokerage 36

Genworth MI Blog

NOVEMBER 29, 2018

In 2008, Congress passed the Housing and Economic Reform Act. Training is a primary vehicle to deliver this success. Underwriting Training. Training is accomplished by using examples of acceptable rural appraisals as training tools for underwriters. Never miss a post again!

Appraisal 78

Appraisal Marketing Training Bracketing 78

Genworth MI Blog

NOVEMBER 29, 2018

In 2008, Congress passed the Housing and Economic Reform Act. Training is a primary vehicle to deliver this success. Underwriting Training. Training is accomplished by using examples of acceptable rural appraisals as training tools for underwriters. Never miss a post again!

Appraisal 78

Appraisal Marketing Training Bracketing 78

Housing Wire

NOVEMBER 10, 2022

The layoffs impacted both the retail and wholesale channel and their positions following a training period of overseas staff, according to multiple sources. It’s painful for the 150,000 [or so people that are going to lose their jobs],” he said, “but it’s … not an existential meltdown like we had in 2008.”.

Mortgage 358

Mortgage Loan Officers Lending Business 358

Housing Wire

OCTOBER 17, 2023

A May 2023 ProPublica article details how the self-proclaimed “largest homebuyer in the United States” is training its franchises to target and sometimes take advantage of distressed homeowners who are in pain. One of those sources of pain is a “looming foreclosure.”

Buyers 373

Buyers Retail Market Value Real Estate Agent 373

Housing Wire

JUNE 27, 2022

In our efforts to meet demand, we grew the team faster than we could train, support and develop everyone to meet the demands of changing roles and processes,” founder and CEO Guy Gal said in a written statement. More than 10,000 industry jobs likely have already been shed during the past year, analysts told HousingWire.

Housing Market 400

Housing Market Marketing Brokerage Real Estate 400

Genworth MI Blog

MAY 28, 2020

In 2008, Congress passed the Housing and Economic Reform Act. Underwriter/risk training – examine whether your staff has sufficient awareness and training on manufactured housing. A Duty to Serve. Affordable housing has been of interest to our representatives in Washington for some time.

Construction 78

Construction Loan Officers Training Lending 78