Housing Wire

APRIL 13, 2022

But that engine could stall if action isn’t taken to increase the supply of affordable housing and expand opportunities for lending to underserved families. In 2021, housing prices jumped by 19% – the biggest rise in a half-century, with the percentage of first-time homebuyers falling to its lowest level in decades (31%).

Insurance 363

Insurance Construction Government Lending 363

Lamacchia Realty

MARCH 11, 2024

Buyers hoping to purchase condos have been under more stringent lending regulations over the past three years, initially under temporary guidelines that were later made permanent. These regulations included two changes, the first to Significant Deferred Maintenance/Special Assessments and secondly to Insurance Deductibles.

Buyers 66

Buyers Lending Insurance Mortgage 66

Housing Wire

MARCH 4, 2021

2021 is already shaping up to be a vastly different year than 2020 for the mortgage and real estate industry, and it’s not only because we’re entering a purchase market. They’ll also be measuring new legislation/regulation and possibly greater enforcement by various state departments of insurance, state bar associations and more.

Lending 400

Lending Law Loan Officers Clients 400

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 407

Mortgage Loan Officers Lending Human Resources 407

Housing Wire

OCTOBER 7, 2020

Behind him, the recent financial crisis still cast a cautionary shadow over new business development, but ahead he saw opportunities for a client-centric, tech-focused family of companies in the title insurance and real estate settlement services industry. Now, at WFG’s 10-year anniversary, this vision holds even more relevance.

Insurance 366

Insurance Real Estate Technology Loan Officers 366

Housing Wire

NOVEMBER 10, 2022

“This creates a challenging environment for volume-sensitive businesses such as mortgage originators and title insurers.” The layoffs impacted both the retail and wholesale channel and their positions following a training period of overseas staff, according to multiple sources. over the past 12 months to 6,121.

Mortgage 355

Mortgage Loan Officers Lending Business 355

Housing Wire

AUGUST 25, 2022

The obvious starting place for nonbank lenders looking to capture volume is in jumbo lending, executives and analysts said. However, the product’s volume was pacing at a 49% annual growth rate between January 2022 and June 2022, compared to the same period in 2021. ” Just a little less vanilla. In total, FoA funded $4.23

Mortgage 382

Mortgage Loan Officers Finance Investors 382

Housing Wire

MARCH 10, 2022

18, 2021, while Freddie Mac had 7,284 at the end of January. Of course [Fannie Mae and Freddie Mac] can provide better program guidance, of course they can provide training to the marketplace and hold the hands of lending institutions who are trying to operate their programs,” Burns said. A solution presents itself.

Finance 343

Finance Development Training Government 343

Housing Wire

MARCH 28, 2022

Now, after two years of drinking from a firehose, mortgage lenders must pivot once again to succeed in the vastly different lending landscape that lies ahead. In its December 2021 Mortgage Finance Forecast, the Mortgage Bankers Association (MBA) predicted total mortgage originations will fall 33.6% trillion in 2021 to $2.6

Marketing 338

Marketing Real Estate Agent Business Transportation 338

Housing Wire

JUNE 27, 2022

About 40% of his business came from refis in the summer of 2021 even when his focus was on purchase mortgages his entire career. Compared with 2021, origination volume is expected to drop 40% from last year’s $4 trillion origination volume. I don’t think it’s a win for anyone on the lending side.

Housing Market 395

Housing Market Marketing Brokerage Real Estate 395

Cleveland Appraisal Blog

SEPTEMBER 21, 2023

However, over the past year, my business has been changing rapidly as I shift away from lending work to non-lender work as my primary business. Without much training, I have started marketing our newly launched floor plan app specifically on social media. CubiCasa Digital GLA was launched by CubiCasa in 2021. Did I go dark?

Marketing 300

Marketing Real Estate Agent Real Estate Appraisal 300

Housing Wire

OCTOBER 29, 2021

According to the 2021 ServiceLink State of Homebuying Report, 50% of consumers said speed was an important factor in their refinance process. EXOS Inspect is a mobile app that allows borrowers to conduct their own home inspections when a traditional appraisal is not required, such as in home equity lending.

Inspection 270

Inspection Technology Clients Tools 270

Town & Country Residential Appraisals

JUNE 13, 2022

Fannie Mae started requiring appraisers starting on April 1, 2022 to measure all single family homes and condominiums using the ANSI Z765-2021 standards. Other forms of property types and appraisals for private purposes, in house lending and those insured by FHA, USDA and VA have not yet adopted these standards.

Advertising 50

Advertising Real Estate Agent Real Estate Agents 50

McKissock

APRIL 20, 2021

Receive basic training in contracts and how to price properties using comparative marketing analysis. Meet with/learn from service providers such as loan officers, title companies, attorneys, home warranty, and insurance companies. Set clear expectations upfront about your availability. Work with a coach to map out your business.

Real Estate Agent 98

Real Estate Agent Real Estate Agents Realtors 98

Appraisal Today

APRIL 12, 2024

Insurance purposes: Lenders or other clients may order desktop appraisals for insurance purposes to determine the property’s replacement cost or insurable value. But if for lending, it might be rejected on review by GSE computers or humans. I had never seen anything written about this situation.

Appraisal 77

Appraisal Construction Contracts Architecture 77

Will Springer Realtor

JANUARY 7, 2022

The industry is prepared for another high-demand, low-inventory year, even if conditions do not quite hit the fever pitch of 2021. The 2021 real estate market was incredibly hot and will be hard to beat,” said Lennox Scott, CEO of John L. Buyers will continue to outstrip sellers but with slightly less intensity than in recent years.

Construction 36

Construction Real Estate Inventory Buyers 36

Clear Capital

DECEMBER 14, 2021

And the latest numbers from Clear Capital ourselves, from our Home Data Index Market Report, which tracks repeat sales, using our own proprietary analytical process indicates that in November 2021, the year-over-year home price appreciation for the whole country was 20.2%. Kenon Chen . Jeff Allen . That is bonks. Kenon Chen .

Real Estate 69

Real Estate Mortgage Agents Business 69