Housing Wire

FEBRUARY 10, 2023

Combine that with the lack of inventory in New Jersey and bidding wars are back, Kechian said in an interview with HousingWire. Buyers seem like they can’t get a break,” Kechian said. “I I really think they had about three months last year where it was a buyers market in the fourth quarter.

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Housing Wire

MARCH 2, 2023

Lower mortgage rates back in January brought buyers back into the market. Now that rates are moving up, affordability is hindered and making it difficult for potential buyers to act, particularly for repeat buyers with existing mortgages at less than half of current rates,” he said.

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Mortgage Buyers Loan Officers Marketing 429

Housing Wire

FEBRUARY 28, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. The heightened demand has put a strain on Annapolis’ already tight housing inventory, causing properties that would have previously held narrow appeal to go faster than expected. “I Annapolis, Maryland.

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Housing Market Marketing Buyers Agents 351

Housing Wire

MARCH 30, 2023

My perspective is, you need to have companies that are willing to open up that credit risk profile in order to help your loan officers bring in volume. In a market where every loan counts, that’s a great resource for loan officers to have those outlets. So it’s currently just two.

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Mortgage Retail Loan Officers Brokerage 343

Housing Wire

JANUARY 18, 2023

Builders feel more confident in the market, housing inventory data is positive and buyer demand for mortgages has increased — but don’t be fooled. Brown anticipates more consolidation in the industry on the mortgage production side, as “there’s less than one loan being done by a loan officer per month on average,” he said.

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Housing Wire

JUNE 27, 2022

Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients. Fewer buyers in the market also means homebuilders are enticing shoppers with incentives, which negatively affects margins. Though not necessarily to buyers with financing.

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Housing Wire

JULY 25, 2022

Local real estate agents, loan officers and appraisers from each city share what characteristics are currently defining their housing markets. Our local market feature spotlights five different areas across the country for each HousingWire Magazine. Rapid City, South Dakota. Rapid City, South Dakota. Coming in at Realtor.com’s No.

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Housing Wire

JANUARY 6, 2023

Nearly every loan originator is fixated on going after the purchase mortgage market in 2023 following a brutal 2022 — a year in which even some of the top producers saw their origination volume drop to 20%. That is also the case for Chris Gallo, senior loan officer at NJ Lenders Corp. After dropping from $1.2

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Housing Wire

JUNE 15, 2022

“Rates are materially, definitely increasing faster than we were anticipating,” Saket Nigam, senior vice president of capital markets at Spring EQ , a home equity lender, said. ” At Spring EQ, demand for home equity loans continues to grow as home prices still increase, and borrowers struggle financially due to inflation.

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Mortgage Investors Clients Marketing 378

Housing Wire

AUGUST 9, 2023

We also sought input from industry experts, lenders and loan officers. The nation’s biggest banks stepped in to stabilize the lender with $30 billion of their own money, giving the Federal Depository Insurance Corporation time to find a buyer. After a weekend of negotiations, the FDIC sold First Republic to JPMorgan.

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Marketing Retail Mortgage Investors 305

Appraisal Today

SEPTEMBER 8, 2023

Appraisers are being told by their AMC clients and loan officers to appraise these as residential properties. To read more, click here My comments: If you want to know more, before (or after) accepting an Airbnb appraisal, definitely read this article. Taking his classes is definitely worth the time.

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Appraisal Today

OCTOBER 21, 2022

Until we get past this period over the next few months it may be hard to say definitively what is exactly happening. Inventory levels. But what will happen in the future when buyers say they paid too much or lenders say the appraisal was too high or not USPAP compliant for appraisals you did in the past? Cost to cure?

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Appraisal Today

MAY 10, 2024

The mortgage loan officer handling the loan? On a side note, I’m definitely noticing some familiar agents listing bank-owned homes right now (mostly people who were big REO agents back in the day). If buyers cannot get insurance or it is very expensive, it will affect value. Was it the borrower? A Zillow Zestimate?

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Reconsideration of Value Appraisal Real Estate Insurance 73

Appraisal Today

MAY 12, 2023

Most buyers were tech people from the Bay Area. The residential lending appraisal business depends on low-interest rates, the same as for loan officers. They are definitely dedicated. Appraisals are ordered after the loan application. The light is always changing, and everything is oriented toward the light.”

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Appraisal Today

OCTOBER 14, 2022

My comments: Definitely a Luxury Home! ==. Meanwhile, 15% of buyers and sellers said climate change caused them to search in a different part of their area. The fires have definitely been getting worse. I have never heard about any sellers that were offering lower prices or buyers who were worried about flood risk.

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