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Fintech Maxwell launches POS feature that offers tailored workflows for lenders

Housing Wire

The Blueprint Builder features more than 60 third-party integrations, allowing lending teams to connect with other pieces of their workflow, from credit and verifications to pricing and disclosures. Wells Fargo -backed mortgage fintech Maxwell rolled out a point-of-sale (POS) feature that offers tailored workflows and integrations.

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Tips on appraising new construction homes

Appraisal Today

6 Tips for Appraising New Construction Homes. Excerpts: New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. Mortgage lending from the 1870s to today.

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Desktop Appraisals: Who, When, and Why

Appraisal Today

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, using new construction comps for existing homes, master planned communities, unusual homes, mortgage origination stats, etc. But if for lending, it might be rejected on review by GSE computers or humans. baths, 14,450 sq.ft.,

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The Full Measure with Kevin Hecht: Economic Recap May 2023

McKissock

Housing starts In April, home construction saw a marginal rise as developers grapple with a tough housing market. With the 30-year mortgage rate nearing 7%, developers are exercising caution, but it appears that single-family construction has hit a temporary bottom. month supply, underlining the ongoing need for home construction.

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NAR Appraiser Survey July, 2023

Appraisal Today

The architectural design avoids lines and straight angles to establish the idea of continuous fluidity. At the same time, concrete finishes merge various construction techniques and artisan approaches that give the feeling of carved stones, whose volumes and shapes vary, but always integrated harmoniously in these habitable sculptures.

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Appraising Historical Homes

Appraisal Today

She designed more than 700 buildings in California during a long and prolific career. In my city of 78,000 population, there are over 10,000 buildings constructed prior to 1930, including many classic Victorians. Many downtown mixed-use buildings (retail and apartments) are in my city. No effect on value. I was surprised.

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Appliances for FHA appraisals

Appraisal Today

The government and those that write the rules also state the purpose of an appraisal is to determine the value of the home/property in its market setting, so an underwriter can make a lending decision. Back in the day, this protected the lender from lending more than the home/property is worth. MORTGAGE LENDING IS VERY, VERY CYCLICAL.