Contracts Definition Inventory Loan Officers 
Housing Wire
MARCH 5, 2024
“ Recovery year ” was the theme heading into 2024 as mortgage professionals hoped for some reprieve in a frozen housing market characterized by high interest rates, low inventory levels and sluggish sales. What I tell all loan officers, no matter who I talk to, is that there’s no foreclosure crisis coming on the horizon,” Saghafi said.
Housing Wire
MARCH 15, 2024
Loan officers and mortgage executives expect home sellers and homebuyers to negotiate more aggressively on commission paid to buyer agents, potentially bringing costs down. But its members noticed “many real estate agents are already writing sales contracts that require the buyer to pay the buyer’s real estate commission.”
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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.
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. percent from 7.31
Appraisal Today
AUGUST 13, 2023
It definitely can be very useful, as Dustin explains. Anyway, I don’t mind going back in time and out further, but my preference in an appraisal report is to use older comps from the immediate neighborhood and adjust for how the market has changed since those properties got into contract. percent of total applications from 28.9
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. An informal definition of Tail Coverage: Tail coverage protects a business when a claim is made after a policy has expired or is canceled. So, what metrics are worth watching? percent from 6.81
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). percent, with points unchanged at 0.65 (including the origination fee) for 80 percent loan-to-value ratio (LTV) loans.
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