Housing Wire

OCTOBER 24, 2023

The Office of the Comptroller of the Currency , the Federal Reserve Board and the Federal Deposit Insurance Corporation issued on Tuesday a new rule to modernize the 1977 Community Reinvestment Act (CRA), which addresses systemic inequalities in access to credit. The thresholds are adjusted annually for inflation.

Retail 307

Retail Law Modernization Lending 307

Housing Wire

SEPTEMBER 30, 2021

With fluctuating volume, mortgage servicers are still struggling to effectively scale their business. Tack on the challenges presented by not being able to connect in person, and it’s clear that servicers are navigating a unique set of obstacles. HousingWire: What challenges are mortgage servicers facing this year?

Insurance 264

Insurance Lending Modernization Clients 264

Housing Wire

NOVEMBER 18, 2022

Don’t be fooled by last week’s mortgage rate collapse. A combination of elevated mortgage rates, sluggish home sales and inflation continue to plague the housing market workforce, with numerous mortgage lenders and real estate startups shedding employees. Presented by: ServiceLink.

Loan Officers 385

Loan Officers Modernization Finance Housing Market 385

Housing Wire

OCTOBER 1, 2022

The complaint filed in federal court on Wednesday alleges that from at least 2015 to 2021, Lakeland failed to provide mortgage lending services to Black and Hispanic neighborhoods in Newark. Presented by: FormFree. million consent order with Trident Mortgage Co., Attorney General Merrick Garland said in a statement.

Law 367

Law Loan Officers Lending Advertising 367

Housing Wire

MAY 17, 2021

“While the COVID-19 pandemic presented a number of obstacles to essential tasks such as executing wills, completing financial documents, buying or selling a home, or purchasing or selling a car online, many states demonstrated how to effectively deploy this type of technology to meet the needs of Americans.” million in the U.S. –

Modernization 448

Modernization Technology Design Insurance 448

Housing Wire

JULY 12, 2022

Beginning July 17, Freddie Mac will accept some mortgages with hybrid appraisals — but the list of caveats is lengthy. Mortgages for manufactured homes, investment properties, duplexes and fourplexes are not eligible. Presented by: Reggora. The mortgage industry, per the latest jobs report from the U.S. Sharp edges.

Appraisal 401

Appraisal Inspection Real Estate Agent Training 401

Housing Wire

AUGUST 7, 2023

The capital, capability and content are present to make all real estate markets smarter, faster, safer and connected. Real estate still relies on a “system” unable to integrate production across the silos of media, brokerage, lending, insurance and trading. Consumers, communities and taxpayers are major beneficiaries.

Real Estate 319

Real Estate Supply Chain Architecture Brokerage 319

Housing Wire

JUNE 17, 2022

.” Trade groups such as the American Bankers Association and the Independent Community Bankers of America , say that doing so would be beyond the scope of the CFPB, which has authority over certain industries, including mortgage, as well as lenders with more than $10 billion in assets. Presented by: William Mills Agency.

Government 345

Government Modernization Law Insurance 345

Housing Wire

JANUARY 7, 2021

The taskforce report uses five interrelated principles that serve as the foundation for proposed systematic changes to the current legal and regulatory framework: consumer protection, information and education, competition and innovation, regulatory modernization and flexibility and inclusion and access. Presented by: SoftWorks AI.

Law 305

Law Modernization Legal Technology 305

Housing Wire

MARCH 9, 2021

Prognosticators are already suggesting the mortgage market has recently “peaked.” This was a major topic of discussion among mortgage lenders in 2018, our last whiff of a true purchase market. Presented by: Altisource. Having a modern, streamlined process makes a potential lending client’s decision much easier.

Marketing 407

Marketing Technology Lending Business 407

Housing Wire

OCTOBER 27, 2020

For many years, we’ve been developing and investing in technology to deliver an end-to-end digital mortgage experience. We’re the largest centralized mortgage transactional services provider in the country, backed by the country’s largest provider of title insurance services.

Clients 321

Clients Technology Insurance Loan Officers 321

Housing Wire

FEBRUARY 9, 2021

Many of them are determined to make an impact in industries that have yet to be significantly modernized by technology. Presented by: Motto Mortgage. All facets of real estate transactions, from appraisals and advice to financing and insuring, are highly regulated. Know your customer in order to deliver real value.

Real Estate 464

Real Estate Agents Technology Sellers 464

Appraisal Today

MARCH 15, 2024

Unlike the standardized expectations of urban and suburban properties, rural properties often present unique characteristics that require a nuanced approach to valuation. Is the GSE’s “Appraisal Modernization” Really Just Mass Appraisal? I am still messed up from the time change last Sunday. = By Dallas T.

Appraisal 69

Appraisal Inspection Modernization Business 69

Housing Wire

MARCH 24, 2021

One of the unique aspects of the mortgage industry is the cyclical nature of origination volumes and the ebb and flow of process improvements. Without the opportunity to meet with a consumer face to face ­– in a branch, for example – lenders lack the ability to compare information in their portfolios with information presented in person.

Tools 378

Tools Technology Lending Business 378

AmeriMac

MARCH 29, 2024

Reverse mortgages are becoming an increasingly popular financial tool for homeowners over the age of 62 who want to access equity in their homes. One important aspect of the reverse mortgage process is the appraisal, which determines the value of the property and plays a crucial role in determining the size of the loan.

Mortgage Appraisal 36

Mortgage Appraisal Appraisal Mortgage Appraisal Process 36

Housing Wire

MARCH 29, 2022

The three agencies in charge of such reviews — the Federal Reserve , the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency — have not denied a single bank merger in 15 years. Senior administration officials claim that rooting out “modern-day redlining” is a top priority.

Lending 347

Lending Government Law Mortgage 347

Appraisal Today

FEBRUARY 9, 2024

Appraisers Riding the Waves of Up and Down Mortgage Rates Appraisal Business Tips Humor for Appraisers Click here to subscribe to our FREE weekly appraiser email newsletter and get the latest appraisal news!! Common fears are that their insurer will increase their premium or decline to renew their policy.

Appraisal 80

Appraisal Contracts Insurance Construction 80

Listing Spark

AUGUST 17, 2023

The FHA has insured over nine million mortgages since 2009 , and as home prices have climbed higher than ever in the past three years, many prospective homeowners are turning to FHA loans due to the increased assistance and down payment requirements. Later in this article, we’ll explore some potential approaches in more detail.

Investors 36

Investors Investing Buyers Real Estate 36

Will Springer Realtor

MARCH 11, 2024

The soaring prices of insurance and energy have dealt a two-pronged blow to homeowners’ wallets, with no relief in sight. Nationwide, home insurance premiums have surged by an average of 21% year-on-year, as of May 2023, equating to an annual increase of $244 per household. in Q3 to 53.5% in Q3 to 37.3%).

Insurance 36

Insurance Sellers Real Estate Buyers 36

Lamacchia Realty

OCTOBER 11, 2023

This budget should account for all potential costs, including down payments, closing costs, property taxes, and homeowner’s insurance. Work on improving your credit score, which can open doors to better mortgage rates. However, with modern construction standards and proper precautions, these challenges become manageable.

Property Taxes 56

Property Taxes Real Estate Logistics Realty 56

Appraisal Today

OCTOBER 14, 2022

After many years of reading appraisal reports, my response is “One that leaves the reader with few unanswered questions, allows the data to tell the story, keeps appraiser interventions to a minimum and is able to present a case for what a property is worth, as well as what it is not worth.”. Many residents don’t have flood insurance.

Appraisal 52

Appraisal Insurance Real Estate Business 52

Appraisal Today

APRIL 21, 2023

2 Lenders require appraisers to carry E&O insurance because they routinely seek to hold appraisers responsible for loan losses. Despite the fresh coat of paint and a small but modernized kitchen and bath, the home retains many of its original features, including the loft bedroom, where the school’s headmistress once slept.

Appraisal 52

Appraisal Contracts Modernization Mortgage 52

Appraisal Today

OCTOBER 21, 2022

NOTE: Please scroll down to read the other topics in this long blog post on unusual homes, mortgage origination stats, etc. NOTE: Please scroll down to read the other topics in this long blog post on retirement, liability, ADUs, appraiser cartoon, real estate market, Appraisal business, unusual homes, mortgage origination stats, etc. ==.

Appraisal 52

Appraisal Marketing Contracts Insurance 52

Appraisal Today

JUNE 16, 2023

(Freddie Mac Announcement: “Loan Collateral Advisor: Starting June 29 New Messages Alert Users to Certain Unacceptable Appraisal Practices,” April 28, 2023) To read, click here So, if we have the technology and tools to present our conclusions in clearer, fact-based ways, let’s get ahead of the program and make the changes proactively.

Appraisal 75

Appraisal Contracts Design Mortgage 75

Appraisal Today

SEPTEMBER 17, 2022

NOTE: Please scroll down to read the other topics in this long blog post on AMCs, appraisal business, real estate market, unusual homes, mortgage origination stats, etc. =. Catskills Modern: ‘Sleeve House’ Highlighted by Charred Wood Exterior. Many homes were re-zoned a few years ago and needed flood insurance.

Appraisal 52

Appraisal Construction Contracts Insurance 52

Appraisal Today

SEPTEMBER 23, 2022

NOTE: Please scroll down to read the other topics in this long blog post on VA changes, Driving vs. office time, unusual homes, mortgage origination stats, etc. Insurance companies. House Passes VA Appraisal Modernization Legislation. To read more of this long blog post with many topics, click Read More Below!! Plus: Good fees.

Appraisal 52

Appraisal Marketing Business Contracts 52

Quicken Loans

APRIL 6, 2021

Condo owners also tend to spend less on property taxes and insurance because there is less square footage, and owners do not have to pay taxes or insurance on the rest of the building or complex. While having neighbors close by is rewarding, townhouses present owners with far more privacy than condos.

HOA 64

HOA Finance Property Taxes Buyers 64

Walitt Solutions

JULY 28, 2019

During my presentation, I reviewed with the audience a number of appraisal scenarios that have been common practice for decades – often in spaces outside of first mortgage lending. Is this so-called “new” process new at all? The appraiser relies on a non-appraiser to measure and collect subject property data.

Appraisal 28

Appraisal Inspection Valuation Lending 28

The Robert Weiler Company

NOVEMBER 10, 2021

NOI is a figure – not a calculation – that is, the amount of income the asset yields after operating expenses (including vacancy and loss) and before the mortgage is paid. Not only that, but you want those transit links to be modern, well funded, and in high use. Otherwise, the proximity to these transit connections would be useless.

Real Estate 78

Real Estate Retail Investing Tenants 78

Will Springer Realtor

SEPTEMBER 12, 2023

A modern version of the regrade is taking place along the downtown waterfront (pictured above) with the addition of Overlook Walk, a breathtaking pedestrian bridge and viewing deck that will soon connect with Pike Place Market and other attractions in downtown. . >> Seattle sits 10 th among big U.S. Looking to tour the presentation gallery?

Sellers 36

Sellers Development Retail Real Estate 36

Clear Capital

SEPTEMBER 29, 2021

It’s also, to be clear, somewhat about revolutionizing and modernizing the appraisal process by enabling property data collection to be performed by non-appraisers. And then they can conveniently and peacefully get their mortgage two weeks, a month, two months later. They then go to get their mortgage. Kenon Chen.

Sellers 69

Sellers Agents Real Estate Buyers 69

Will Springer Realtor

OCTOBER 11, 2023

Read a detailed assessment of our housing market in my most recent blog post: King County Home Sales Cool as Interest Rates Inch Toward 8% This graphic – which you can click to expand – is presented every month, rotating among three home groups. Check out this fully updated mid-century modern West of Market home in Kirkland.

Law 36

Law Development Design Government 36