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Planet Home Lending adds new regional sales manager

Housing Wire

Adding his leadership skills will be beneficial at a time when Planet is looking to differentiate itself with various purchase loan products, one-time-close construction loans and other niche programs, the company stated. By contract, the country’s top 50 lenders as a whole saw volumes fall by more than 50% during the same period.

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Go Mortgage sues former capital markets director for ‘corporate sabotage’

Housing Wire

Go Mortgage sued its former director of capital markets for “corporate sabotage,” alleging computer fraud, violation of trade secrets, breach of contract and tortious interference with a business relationship. Go Mortgage, licensed in 44 states, originates in both the retail and wholesale channels.

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Mortgage apps decline as rates hit the 7% mark

Housing Wire

retail residential mortgage applications. The housing market received positive data on new residential construction – which is seen as a key solution to the lack of housing inventory,” Kan added. The latest MBA data published on Wednesday morning shows that mortgage loan applications decreased 4.6% Department of the Treasury.

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Lower mortgage rates, higher demand lead to optimism for late 2023

Housing Wire

“The latest data on the housing market show that homebuilders are pulling back the pace of new construction in response to low levels of traffic, and we expect this weakness in demand will persist in 2023, as the U.S. retail residential mortgage applications. Consequently, mortgage rates started a downward trend.

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Six Essential Steps to Commercial Real Estate Success

Cleveland Appraisal Blog

Hire construction professionals you trust, and maintain oversight of the project throughout its duration. This will help you ensure that the construction staff is safe. Whether it’s a residential building or a retail mall, you want to attract tenants and clients so that you can start generating profit. Invest in marketing.

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Why Appraisal Workfiles Are Important

Appraisal Today

With shifts in existing and pending home sales, new home sales, construction activity, and economic indicators such as inflation and mortgage rates, appraisers are navigating a complex landscape. Appraisers should consider the potential impact, especially in markets with significant new construction. baths, 6,263 square feet, 2.23

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The Necessity of a Commercial Engagement Letter

Dart Appraisal

Once the party or parties have signed the engagement letter or indicated acceptance of an appraisal order, the letter or correspondence to an appraiser serves as a contract. Vacant land, retail, industrial, multi-family, etc. . Proposed construction, and if so, is a Prospective Value scenario appropriate? . Planned renovations?