Housing Wire

NOVEMBER 23, 2022

The current market downturn for mortgage lenders may be shorter than the previous cycles, mainly due to the recent rounds of workforce layoffs imposed by nonbanks. Nonbanks have more than 60% market share of mortgage industry production — and they are more likely than banks to move quickly to reduce capacity.

Marketing 366

Marketing Loan Officers Business Mortgage 366

Housing Wire

OCTOBER 15, 2021

For this week’s HW+ member spotlight, we feature Tim Anderson, president of the eMortgage Division at Evolve Mortgage Services. Tim Anderson: My favorite HW+ article at the moment is “ The future of mortgage closings: Where do we go from here?

Business 278

Business Mortgage Investors Development 278

Housing Wire

NOVEMBER 29, 2021

Who is crazy enough to write an American economic recovery model on April 7, 2020, and try to explain to people why housing isn’t going to crash due to demographics, good credit profiles and low mortgage rates? An index of 100 is equal to the level of contract activity in 2001.” in October. Year-over-year, signings fell 1.4%.

Inventory 529

Inventory Contracts Training Investors 529

Housing Wire

MARCH 1, 2022

In January I received a text message from Dave Savage, CEO of Mortgage Coach. News just broke that private equity investor LLR Partners announced strategic investments in two mortgage technology companies — Mortgage Coach and Sales Boomerang ( click here for article ). Tech100 Mortgage Winners. We must innovate.

Real Estate 357

Real Estate Brokerage Real Estate Agent Technology 357

Housing Wire

AUGUST 30, 2022

Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5 NAR Total Listing Data: If we cut the timeline to the last time inventory grew, which was 2014, you can see this downtrend in inventory, unlike 2001-2005, when inventory grew from 2 million to 2.5 million listings.

Inventory 383

Inventory New Listings Law Housing Market 383

Clear Capital

AUGUST 30, 2023

AURA is designed to complement the use of UCDP/EAD results and allows LenderX customers to control automated ordering based on criteria like agency, loan type, loan amount, estimated value, investor, and Fannie Mae Collateral Underwriter (CU) score.

Modernization 69

Modernization Appraisal Valuation Real Estate 69

Housing Wire

AUGUST 24, 2023

Mortgage rate shot up again last week as the bond market continues to grapple with a growing economy in the run up to the next Federal Open Market Committee meeting. Investors are concerned that the central bank will continue raising the funds rate, pushing borrowing costs even higher. Other indices showed even higher mortgage rates.

Mortgage 370

Mortgage Property Taxes Investors Buyers 370

Housing Wire

AUGUST 23, 2023

Bad news for mortgage professionals: not only are mortgage rates at their highest level in over two decades, they might not drop anytime soon. On Wednesday morning, the 30-year fixed mortgage rate was 7.29% at HousingWire’s Mortgage Rates Center and 7.49% on Mortgage News Daily. When asked why U.S.

Mortgage 369

Mortgage Loan Officers Inventory Housing Market 369

Housing Wire

OCTOBER 19, 2020

HousingWire sat down with Corr and Tyrrell for an exclusive look back at the changes in the company and in the mortgage industry during the last two decades, as well as what’s ahead. But for Ellie Mae, the fragmentation presented a chance to bring innovation into the mortgage process. “We A cultural legacy.

Investing 216

Investing Mortgage Investors Technology 216

Housing Wire

MAY 31, 2022

Mortgage lenders and real estate investment firms this month entered tight housing markets in the Midwest and the Northwest to better reach prospective homebuyers, despite a challenging mortgage market. The expansion comes amid a surge in mortgage rates and declining loan origination volume.

Mortgage 383

Mortgage Construction Lending Real Estate 383

Clear Capital

NOVEMBER 3, 2022

Banks, credit unions, loan servicers and mortgage lenders now have access to a suite of tech-enabled products for property valuation. This partnership will make it easier for banks, credit unions, loan servicers, and mortgage lenders to order, review, manage, maintain, and analyze real estate appraisals and collateral valuations.

Valuation Review 69

Valuation Review Valuation Appraisal Modernization 69

Clear Capital

AUGUST 8, 2023

AURA also helps prevent costly repurchase requests through inclusion of UCDP findings, as well as other investor-specific rules and checklists, presented to the reviewer during the initial review.

Appraisal 69

Appraisal Valuation Technology Tools 69

Housing Wire

JUNE 8, 2023

It alleviated some pressure on mortgage rates, which declined over the past week. But uncertainties over the Federal Reserve ‘s (Fed) next steps are keeping mortgage rates high, with the 30-year fixed mortgage rate above 6.5% Investors’ eyes are now fixed on the upcoming FOMC meeting, scheduled for June 13 and 14.

Mortgage 393

Mortgage Investors Inventory Housing Market 393

Clear Capital

OCTOBER 27, 2021

Since embarking on our journey in 2001, we’ve held on to the belief that focusing on our customers’ success leads to greater impact on the entire mortgage industry. Now, we see increased adoption of technologies that lower costs and speed up the mortgage process, while actually reducing mortgage risk.

Technology 69

Technology Valuation Appraisal Process Appraisal 69

Clear Capital

MARCH 1, 2022

This comprehensive program and suite of digital tools are the result of years of building strong partnerships with mortgage lenders and investors. Clear Capital aims to partner with innovative technology, reseller, and data companies across the mortgage and real estate industries. Media Contact: Ryan Hall. 949-280-4704. ###.

Modernization 69

Modernization Appraisal Valuation Technology 69

Housing Wire

JULY 21, 2022

This data shows early signs of a slowdown in the retail housing market in June that was anticipated by real estate investors buying properties at foreclosure auction in March. These two key foreclosure auction metrics show a clear shift in March toward more conservative bidding behavior, both in terms of max offers and buy box for investors.

Housing Market 404

Housing Market Buyers Marketing Retail 404

Housing Wire

OCTOBER 18, 2022

Established in 2001, the Nevada-headquartered company delivers solutions to modernize the appraisal process, which may take days to weeks to complete, or even longer during booming markets. The APIs connect directly to existing systems through a single integration for lenders, investors and system providers.

Valuation 393

Valuation Modernization Real Estate Appraisal 393

Appraisal Today

MARCH 31, 2023

And, with this inspection a traditional appraisal is no longer a requirement for the mortgage loan. The only reason for these changes are about a piece of the 11 TRILLION dollar mortgage market. Fannie sells their loans to investors. million mortgages were originated, the fewest since the first quarter of 2014.

Appraisal 52

Appraisal Contracts Inspection Clients 52

Clear Capital

MARCH 27, 2024

ClearAVM’s up-to-date and reliable valuations help property investors and asset managers make more informed investment, management and underwriting decisions with confidence. SFR investors also depend on AVMs to evaluate a portfolio of assets, inform leasing and asset sale decisions and ensure due diligence. “We

Investors 69

Investors Investing Valuation Real Estate 69

Assurance Financial

JULY 20, 2023

A 100% financing home loan is a type of mortgage loan that allows you to finance the entire purchase price of a home without making a down payment. USDA Home Loan This type of mortgage loan is guaranteed by the United States Department of Agriculture (USDA). VA Home Loan This type of mortgage loan is guaranteed by the U.S.

Finance 36

Finance Government Design Insurance 36

Appraisal Today

JUNE 3, 2022

In popular vacation areas, such as Sedona, AZ, where Julie lives, investors purchase homes and do extensive remodels to turn them into Airbnbs with Airbnb management companies handling everything for them (clean up, new furnishing, and renting). Mortgage Lenders – 1989: FIREEA and appraiser licensing, 2009: HVCC and AMCs took over.

Appraisal 52

Appraisal Contracts Real Estate Marketing 52

Housing Wire

MARCH 16, 2021

He oversaw finance, risk management, the chief investment office, corporate actuarial, investor relations, global business technology solutions, marketing and communications. Grier led Prudential’s $3 billion IPO in 2001, which at the time was one of the biggest IPOs in history.

Finance 390

Finance Investing Government Investors 390

Clear Capital

JUNE 28, 2022

Self-Serve APIs Will Enable Faster Adoption, More Control for Lenders, Investors and System Providers. Each API connects directly into existing systems through a single integration for lenders, investors, and system providers, making it easier to adopt and deploy modern property valuation solutions.

Valuation 69

Valuation Modernization Real Estate Investors 69

Clear Capital

APRIL 21, 2022

Using Reggora with CCR, lenders can take advantage of an improved appraisal review process that reduces risks and meets differing investor guidelines. The time it takes to process an appraisal is gaining attention in the industry for being a vital part of overall mortgage fulfillment. About Reggora. Alyson Austin. 949-403-0484. ###.

Appraisal 36

Appraisal Valuation Mortgage Modernization 36

Housing Wire

APRIL 13, 2022

As a driver of the economy, housing should be bolstered by: Non-bank lending institutions to lend in lower-income areas and to minorities in the same way that CRA provides for banks Reducing government-insured and guaranteed mortgage loan fees. in 2001 to 44.8% The need for change in current mortgage underwriting guidelines.

Insurance 381

Insurance Construction Government Lending 381

Will Springer Realtor

MAY 13, 2024

That’s according to a report from ATTOM Data Solutions, which noted Seattle metro was the second-most active major market (1M+ population) for flipped homes purchased by investors with financing, at 56.1%, behind only San Diego (56.4%). >> . >> In total, 308.9K single-family homes and condos in the U.S. bath , 5546 sq.

HOA 36

HOA Transportation Construction Buyers 36

Houston Properties

JANUARY 12, 2022

While no one ever thinks they’ll be forced to sell in a down market, very few people predicted 9/11 (2001), Great Recession (2008), the collapse of oil prices (2014), or Hurricane Harvey (2017). As home prices increase over time, it lowers the loan value of any mortgage debt. With higher home values come higher rental rates.

Real Estate 36

Real Estate Marketing Real Estate Agent Realtors 36