Housing Wire

OCTOBER 2, 2020

Texas-based mortgage lender Caliber Home Loans is the latest mortgage firm to ride the IPO wave, filing paperwork to potentially go public this year at a valuation north of $2 billion, according to a new report. Caliber is also among the 10 biggest GSE sellers, at nearly $34 billion in mortgages through August 2020.

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Valuation Retail Mortgage Inventory 326

Housing Wire

JULY 29, 2021

The interagency task force to combat inequity in appraisals, led by Housing and Urban Development Secretary Marcia Fudge, will be co-chaired by former United Nations ambassador Susan Rice. Many appraisers say disparities in valuation are caused by factors outside their control.

Appraisal 545

Appraisal Valuation Training Law 545

Housing Wire

NOVEMBER 11, 2021

The Title I program insures mortgage loans made by private lending institutions to finance the purchase of a new or used manufactured home.). One of the updates to the program is enhanced value determinations, which will now “use a sales comparison approach” and allow for qualified FHA roster appraisers to perform valuations, the FHA said.

Finance 441

Finance Valuation Insurance Lending 441

Housing Wire

SEPTEMBER 20, 2021

The research examined appraisals for home purchases the government sponsored enterprise received from 2015 through the end of 2020. The Department of Housing and Urban Development has received only a handful of such complaints in recent years.

Appraisal 439

Appraisal Contracts Valuation Buyers 439

Appraisal Buzz

OCTOBER 3, 2022

I am in the camp with many that believe the market will continue to feel price pressure, at least until inventory levels begin to return to normal (2019 or early 2020 levels, at least). Inventory levels have an impact on property valuation, at least in the short term. This month’s supply measurement remains 0.9 Of course not.

Appraisal 370

Appraisal Marketing Real Estate Inventory 370

Housing Wire

JUNE 6, 2022

By some estimates, origination volume will fall in 2022 to about $2 trillion, about half the volume from the record-breaking years of 2021 and 2020. Wells Fargo , one of the nation’s largest banks, had at least 114 layoffs in its home lending business following a drop in revenue in that division in the first quarter of 2022.

Mortgage 409

Mortgage Loan Officers Lending Human Resources 409

Housing Wire

NOVEMBER 17, 2022

But, to date, it’s not been altered,” said Michael Carnes, managing director of the MSR Valuation Group at the Mortgage Industry Advisory Corporation (MIAC). This is predominantly for the 2020 and 2021 origination, as we are still not seeing a significant amount of the 6% product trading.” “What was a 5.5

Marketing 353

Marketing Lending Mortgage Valuation 353

Housing Wire

MARCH 31, 2021

In March 2020, the CFPB announced it would no longer require certain lenders to report quarterly information under HMDA, however, now the agency is instructing all financial institutions to do so beginning with their 2021 first-quarter data due by May 31. .”

Insurance 404

Insurance Appraisal Development Lending 404

Simonson Real Estate

JANUARY 23, 2020

I attended the 2020 Minneapolis/St. Paul Commercial Real Estate Valuation and Appraisal Forecast Summit held at the Golden Valley Country Club on Friday, January 17, 2020. Topics centered on valuation trends for the retail, industrial, office and multi-family property sectors. Midway Field, with Allianz Field development.

Real Estate 78

Real Estate Tenants Retail Valuation 78

Housing Wire

FEBRUARY 5, 2021

He and his team have trained over 1 million lending professionals and worked with over 600 financial organizations and their operations teams in improving customer experience, streamlining processes and strengthening company culture. Vermillion is a trainer, speaker, consultant, author, consumer advocate, and philanthropist.

Training 231

Training Technology Valuation Real Estate 231

Housing Wire

AUGUST 16, 2021

Rocket, which originated $320 billion in mortgages in 2020, has pursued a strategy of developing a product for every segment of the home ownership and sales process. Earlier this month it revealed that it would be developing a real estate brokerage and an iBuying arm. UWM, which originated $182.5 billion at the end of June.

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Development Mortgage Retail Business 391

Housing Wire

OCTOBER 13, 2021

Year over year, home lending at the bank rose 27.3%. In the second quarter of 2020, at the height of the mortgage boom, JPMorgan Chase reported $1 billion in revenue. Mortgage fee and related income came in at $596 million, up from the $548 million JPMorgan Chase generated in the second quarter.

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Supply Chain Mortgage Retail Valuation 278

Housing Wire

AUGUST 12, 2020

Blend announced Wednesday it has raised a $75 million Series F round at a valuation of nearly $1.7 This morning, Blend President Tim Mayopoulos (and former CEO of Fannie Mae ) told me that Blend didn’t necessarily “need” the funding but saw the value in accelerating its product development plans. Stay tuned for updates.

Investing 485

Investing Loan Officers Technology Development 485

Housing Wire

JANUARY 24, 2022

The appraisal industry’s “byzantine regulation structure,” according to the report’s authors — experts in fair housing, fair lending and valuation — has stunted the appraisal industry’s understanding of fair housing risk. The regime has limited its accountability and enforcement systems.

Government 363

Government Appraisal Reconsideration of Value Lending 363

Housing Wire

MAY 18, 2021

In 2020, WFG launched an effort to identify and develop solutions for the biggest challenges facing the industry. Responding in this way resulted in a shortage of experience in lending, title and closing processes, which is now a key concern for clients.

Mortgage 202

Mortgage Training Clients Development 202

Housing Wire

NOVEMBER 4, 2022

It is a cornerstone of the countercyclical role FHA plays when lending in private markets becomes constrained or, more recently, a global pandemic negatively impacts the economy and by extension leads to unexpected job losses or reduced incomes. Department of Housing and Urban Development from 2019-2020 and FHA Commissioner to the George W.

Insurance 325

Insurance Mortgage Development Valuation 325

Housing Wire

OCTOBER 6, 2020

As we look to the future, big data and smart automation will continue to drive our development efforts, but the focus of the resulting innovations will evolve, and that will change everything. Lending technology out of focus. Overnight, the industry was lending consumer direct and loan volumes reached historic highs.

Technology 440

Technology Mortgage Investors Investing 440

McKissock

MAY 13, 2022

” in which Crawford discusses possible pitfalls of desktop appraisals and the lack of USPAP instructors in 2020 and 2021: 2. On the podcast’s website, Owen states, “My goal in this podcast is to help you to see real estate and valuations in a new light, and to understand a little more about real estate and valuation.”

Real Estate 104

Real Estate Appraisal Appraisal Tips Home Value 104

Clear Capital

OCTOBER 27, 2021

National real estate valuation technology company well-positioned to experience continued growth in 2021. October 26, 2021 — Clear Capital, a national real estate valuation technology company, today announced it has hired more than 350 people so far in 2021, with 170 jobs currently open and accepting applications.

Valuation 69

Valuation Real Estate Technology Tools 69

Housing Wire

SEPTEMBER 23, 2021

While the immediate need for remote appraisals began in 2020, it soon became clear that these processes were here to stay. “With RemoteVal, appraisers and the lending industry have the technology to maintain accuracy while increasing speed without sacrificing quality,” said Walser. User-friendly for everyone.

Appraisal 320

Appraisal Inspection Technology Tools 320

Clear Capital

MAY 24, 2022

Using an Automated Valuation Model (AVM) for real estate valuations isn’t new in the mortgage industry. As a leading real estate technology company, Clear Capital pioneers new advances in AVMs for mortgage lending. And we’ve learned a lot over the last decade as we’ve researched and developed more accurate AVM tools.

Housing Market 69

Housing Market Valuation Marketing Real Estate 69

Housing Wire

JUNE 27, 2022

“You’re going to start to see the housing market price a lot of people out, which means there’s going to be fewer loans out there to be done, which means you’re going to probably see a lot of people starting to exit,” said Coley Carden, vice president of residential lending at Winchester Co-Operative Bank.

Housing Market 400

Housing Market Marketing Brokerage Real Estate 400

Empire Appraisal Group

JULY 28, 2022

Other government lending institutions (Freddie Mac, FHA, VA, and Rural Housing) indicate that they’ll accept the ANSI standard, but it’s unclear if they’ll accept Fannie Mae’s protocol when there are portions of the property that are used as living space but aren’t classified as living space under ANSI. Craig Morley. George, Utah.

Agents 78

Agents Appraisal Valuation Realtors 78

Housing Wire

MARCH 15, 2022

Supreme Court’s ruling in 2020. Yehudah Forster, senior vice president of structured finance legal review at Moody’s and a co-author of the firm’s report, said that when friction develops between servicers and borrowers, often due to loan defaults, “there’s going to be complaints.”

Legal 364

Legal Law Investors Finance 364

Housing Wire

SEPTEMBER 23, 2021

Richards claims that this demand was announced during a production meeting in August 2020, where Hsieh allegedly screamed, “I am Mello Clear, and we must immediately close loans regardless of documentation.” billion in 2020, according to Securities and Exchange Commission filings. billion in loans in 2020. billion in 2019 to $4.3

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Development Retail Law Mortgage 100

McKissock

AUGUST 30, 2022

In other words, USPAP doesn’t prohibit a mortgage broker from calling and asking you to develop an appraisal based on a predetermined value, but USPAP does prohibit you from accepting that assignment. Check with your state agency that regulates banking or lending to find out how to file a complaint. Become an expert on mortgage fraud.

Appraisal 81

Appraisal Clients Inspection Lending 81

Appraisal Today

FEBRUARY 2, 2024

The overall timeline has not changed; however, we wanted to provide the industry with more milestone details to help in development, testing and training to prepare for the new UAD and Uniform Residential Appraisal Report (URAR). Built in 2020 (after teardown of existing house), 1.43 California Glass House in Orinda, CA Lists for $10.5

Appraisal 66

Appraisal Contracts Training Real Estate 66

Clear Capital

NOVEMBER 30, 2021

billion in November, which is half of the valuation, of course of Smart Rent, which we’re just talking about. And they describe themself as a developer of the mobile-first home ownership platform. They are a digital lending platform. Yeah, they just sold for $1.2 But still a chunk of change. But that’s mobile first.

Landlords 69

Landlords Real Estate Tenants Investing 69