Trending Articles

Mortgage Lenders Adapt to Reality of Market

Appraisal Buzz

According to the June Insights Report from mortgage advisory firm STRATMOR Group, as mortgage lenders adapt to the reality of a vastly changed market focused on purchase loans, adopting new mortgage technology has become a priority.

Banks report rise in mortgage delinquencies

Housing Wire

Banks reported an increase in foreclosures during the first quarter of 2022, according to a quarterly survey published by the Office of the Comptroller of Currency this week.

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Mortgage delinquency rate falls to historic low

Housing Wire

The national mortgage delinquency dropped to an all-time low in May, continuing two consecutive months of a decline since March. The overall delinquency rate slightly dropped five basis points from April to 2.75% in May, according to Black Knight.

Ten things to know about price reductions in today’s market

Sacramento Appraisal Blog

Price reductions are growing fast and sellers are still behind the ball. Eventually they’ll catch up, but they haven’t gotten there yet. Let’s talk about price drops today in the Sacramento region. Is the trend similar in your area? Let me know what you’re seeing.

Part 2: How Do We Fix the Excess of Appraisers?

George Dell

How can we fix the excess of appraisers? Easy — we do what we have always done, each time. 1) We will raise the standards (“cost of entry”). 2) We will make it harder to become an appraiser; 3) Lower fees will discourage newcomer appraisers.

The Path to Credibility

The Appraiser Coach

I was recently proofreading a paper my son had written for a class and came across a quote from Benjamin Franklin. My son used quotation marks to offset the. Read More.

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How home-price growth has damaged the housing market

Housing Wire

The S&P CoreLogic Case-Shiller Home Price Index just recorded 20.4% year-over-year growth nationally and a record 21.2%

Regulation: 40.6 Percent of the Cost of Multifamily Development

Eyes on Housing

Recently, the National Association of Home Builders (NAHB) and the National Multifamily Housing Council (NMHC) undertook a joint research effort to find out how much government regulation adds to the cost of building new multifamily housing via a survey distributed to multifamily developers.

West Virginia Appraisal Board Scheme

Appraisers Blog

The Doomed Quest to Reform a corrupt West Virginia Licensing Board “Board members earn money working for a law firm that files lawsuits against appraisers,” said one West Virginia appraiser… Readers of DC Comics will be familiar with Bizarro World, a cube-shaped planet that is home to a weirdly inverted version of reality.

Veteran appraiser offers advice when hiring a trainee

Valuation Review

This month’s installment from Dustin Harris (“The Appraiser Coach”) deals with appraisers reaching out for some assistance. In his blog “What to Do When Hiring a Trainee,” Harris outlines specific steps appraisers should take when looking to bring someone into their business.

In the Real World with the Real Appraisers

Appraisal Buzz

Today’s Buzzcast interview is with Woody Fincham, Founder of Fincham and Associates. We sat down with Woody and Joan Trice, Founder of Allterra Group, LLC, to discuss what’s going on with the boots on the ground appraisers in the industry.

Consumer Confidence Fall to 16-Month Low Amid Inflation Concerns

Eyes on Housing

Consumer confidence dropped again in June as inflation stayed at decades high and continued to temper consumers’ economic outlook, which tumbled to the lowest level in nearly a decade.

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GoFormz Named #1 Mid-Market Mobile Forms Automation Solution

GoForrmz

GoFormz dominates the Small-Business and Mid-Market G2 Summer Reports – from Best Support to Most Likely to Recommend G2, the leading peer-to-peer software review site, awards quarterly honors based on user feedback and reviews.

Consultant shares appraisal matters at conference

Valuation Review

Valuation Review attended this year’s National Association of Appraisers Annual Conference & Trade Show in South Carolina. Josh Walitt, veteran appraiser and principal consultant of Walitt Solutions, was one of the presenters giving a very detailed presentation on some issues facing appraisers.

2022 Five Star Conference Agenda Announced

Appraisal Buzz

Returning to Dallas this September, the annual conference will once again unite mortgage servicers, government representatives, agents, vendors, attorneys, and other stakeholders for three days of education, networking, and entertainment. The post 2022 Five Star Conference Agenda Announced appeared first on DSNews. The post 2022 Five Star Conference Agenda Announced appeared first on Appraisal Buzz. Around The Web

Announcing the 2022 Marketing Leaders!

Housing Wire

Connecting with clients and consumers has never been an easy task, and today’s market has been no exception. On the heels of a global COVID -19 pandemic that keeps rearing its head, the housing economy is now faced with rising rates and dismal inventory.

Private Residential Spending Inches Up in May

Eyes on Housing

NAHB analysis of the Census Construction Spending data shows that private residential construction spending stood at a seasonally adjusted annual rate (SAAR) of $938.2 billion in May. It was 0.2% up over the upwardly revised April estimates of $935.9 billion.

Shame Brews for Homes That Linger on Market

Empire Appraisal Group

Shame Brews for Homes That Linger on Market. Homes are selling within days or even hours—except for the homes that aren’t. Those homes’ owners say they often feel embarrassed and angry and wonder what could be wrong with their house, according to an article at realtor.com®.

My Offer Was Accepted—Now What?

Realtor

Having your offer accepted feels great—but for most home buyers, it’s just the beginning. There is still a lot more to be done before you’re over the front threshold. Here’s a rundown of what comes next. Apply for a loan.

Are Mortgage Servicers in Their “Golden Age?”

Appraisal Buzz

An upcoming installment in the Five Star Institute Webinar Series will discuss the current era in mortgage servicing and provide tips on how to navigate this record-breaking time in the servicing space. The post Are Mortgage Servicers in Their “Golden Age?” appeared first on DSNews.

HW+ Member Spotlight: Budge Huskey

Housing Wire

This week’s HW+ member spotlight features Budge Huskey, president and CEO at Premier Sotheby’s International Realty. He also serves as vice chairman of Peerage Realty Partners and has previously held executive roles at Coldwell Banker Real Estate.

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Top 10 Builder Share Reaches Highest Percentage in 2021

Eyes on Housing

The top 10 builders captured 34.2% of new single-family home closings in 2021, the highest percentage on record based on data released by BUILDER Magazine. This share represents 264,426 closings out of the 774,000 new single-family home sales reported by the U.S. Census in 2021.

Qualities for success in business, sports go hand in hand, says NBA all-time great

Valuation Review

Attendees at the 2022 National Settlement Services Summit (NS3) in Orlando, Fla., were treated to a special keynote speaker. NBA Hall-of-Famer and successful businessman Rick Barry shared his keys to success. Read on to learn what Barry shared with the audience

Victoria Real Estate Market 5-Year Predictions

D Fritz Appraisals

What do Experts Think the Victoria, BC Housing Market Will Look Like by 2027? The state of Victoria’s housing market is never far from anyone’s mind, especially for first-time home buyers, those moving to a new area or for people looking to sell.

Q1 Mortgage Performance Makes Strides

Appraisal Buzz

New data from the first quarter continues to roll in as the Office of the Comptroller of the Currency (OCC) reported that the performance of first-lien mortgages in the federal banking system improved during the first quarter of 2022 by a decent margin.

Winners and losers of this volatile housing market

Housing Wire

The last two years have been good to Christian Dicker. Like many loan officers, Dicker was working nights and weekends, banging out refinancings and purchase mortgages at record-low rates for clients.

State-Level GDP in the First Quarter of 2022

Eyes on Housing

Real gross domestic product (GDP) decreased in 46 states and the District of Columbia in the first quarter of 2022. New Hampshire, Vermont, Massachusetts, and Michigan saw modest GDP growth. According to the U.S. Bureau of Economic Analysis (BEA), the percent change in real GDP ranged from 1.2

ValueLink collaborates with Clear Capital on automation

Valuation Review

ValueLink Software, a provider of valuation management technology, recently announced it offers mortgage lenders automated ordering of Clear Capital's Collateral Desktop Analysis (CDA) through its appraisal management platform.

Subject Property Actual Location

Appraisers Blog

Don’t say that the subject property is ‘within’ a particular City or Town due to the postal ZIP Code that applies to the street address unless that is accurate. The actual location may be miles away from there.

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What This Year’s 2022 Five Star Conference Has in Store

Appraisal Buzz

Get a look at the agenda for this year’s FSC, an annual gathering bringing together mortgage industry professionals for three days of content and education. The post What This Year’s 2022 Five Star Conference Has in Store appeared first on theMReport.com.

As FGMC shuts down, lender partners question fate of loans in pipeline

Housing Wire

Tech-fueled mortgage lender UpEquity just wants answers. .

BC broker-owner talks DLC Origin purchase

Mortgagebroker News

The deal will reportedly see the company fund about $1.4 billion in annual volume

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FDIC economist to address ASA conference attendees

Valuation Review

The American Society of Appraisers (ASA) announces the selection of LaVaughn Henry as its keynote speaker for the 2022 ASA International Conference, Sept. 10-12 in Tampa, Fla., and virtually. Henry is a former senior economist for the Council of Economic Advisers in the Executive Office of the President (the White House), and the senior regional officer and vice president for the Federal Reserve Branch in Cincinnati

Clear Capital Launches Property Valuation, Risk Assessment APIs for Streamlined Access to Modern Valuation Solutions

Clear Capital

Self-Serve APIs Will Enable Faster Adoption, More Control for Lenders, Investors and System Providers.