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Ocwen improves overall reverse mortgage performance despite volume contraction

Housing Wire

“Reverse servicing increased its profitable contribution with higher gains on loans held for sale, even as volume contracted,” said Sean O’Neill, Ocwen’s chief financial officer. We also continue to dynamically manage our owned MSR portfolio to capitalize on differing views of market values amongst top market participants.

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John Davis files racketeering suit against Gary Keller

Housing Wire

and Business MAPS Management LLC as defendants, Davis alleges that the defendants inflated key profitability metrics including company sales and profits to convince individuals to purchase Keller Williams Regions and Market Centers. In addition, Davis claims that franchisees were required to purchase Keller’s books.

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Appraisal Reports Are Like Flipbooks

Cleveland Appraisal Blog

A flipbook is a book with a series of pictures that change slightly with the turn of each page. When flipping thru one of these books, the viewer’s mind fills in the gaps between pictures so that an animated story and picture develops. According to Wikipedia , the oldest documented flip book appeared on March 18th, 1868.

Appraisal 342
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What Do Appraisers Look For in a Sales Contract?

Appraisal Today

What Do Appraisers Look For in a Sales Contract? Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them.

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Tools To Support Appraisal Adjustments

Appraisal Today

By Tony Pistilli Excerpts: I recall receiving MLS books once a month and being thrilled that a whole new population of sales were available to be considered within the pages of each book. Each month there was a new book, but every 6 months, there was a combined book with the last 6 months of sales in one bound and printed book.

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Why Appraisers Don’t Depreciate Land

Cleveland Appraisal Blog

When developing an opinion of the market value of a property, what appraisers are really measuring is how much depreciation a property has suffered from, and more specifically how much depreciation the improvements on the land have depreciated. Books have been written on the subject. Depreciation! Too many appraisers?

Appraisal 279
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The Challenges of Appraising Multifamily Properties

Appraisal Buzz

Challenges often arise in how professionals figure out the overall value of multifamily homes. Because appraisals are contingencies in 43% of contracts , you must find ways to accurately evaluate these properties. It lets appraisers know how much buyers would pay for a similar home in the current market.

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