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Guaranteed Rate’s Larry Steinway makes the jump to Revolution Mortgage

Housing Wire

He then transitioned to PHH Home Loans in 2001 for an in-house lending stint, a role he stayed in for about nine years. In addition to offering non-qualified mortgages (non-QMs) and jumbo loans, Revolution also offers broker-outlet products in which the funds come directly from the investor and are not underwritten or funded by the lender.

Mortgage 336
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Interfirst Mortgage to lay off nearly 50 LOs

Housing Wire

Interfirst was founded in 2001 as a retail originator and then expanded to the wholesale channel and the correspondent channel in 2008 and 2011, respectively. In 2017, after years of plummeting volumes, the company, led by CEO Dmitry Godin, decided to shutter its business, only to relaunch in 2020.

Mortgage 356
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Pending home sales shock 2021 housing crash bears

Housing Wire

An index of 100 is equal to the level of contract activity in 2001.” I can tell you that these people don’t have the training to read housing or economic data correctly. The focus has also been on investors because the premise was that without investors, housing would crash. in October.

Inventory 527
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Why home-price growth is still up 18% year over year

Housing Wire

This means all those men and women since 2012 who have been saying its housing 2008 all over again on their YouTube , Twitter, Facebook and other social media outlets simply don’t have the proper training to talk about housing economics. I am not talking about investors; I am talking about primary resident homeowners. million listings.

Inventory 381
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Clear Capital Calls on Companies to Join the Clear Capital Partner Network Focused on Appraisal Modernization

Clear Capital

Modern Appraisal Solutions , a product suite of property data collection services that supports lenders and appraisal management companies performing desktop and hybrid appraisals, powered by teams of appraisers trained on modern solutions, certified property data collection specialists, and Clear Capital’s customer success and support teams.

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Fannie Mae: No Appraisals Required? 3-10-23

Appraisal Today

Fannie sells their loans to investors. How does an appraiser deal with the “ignorance” (a lack of education, training, or knowledge…a person who is ignorant is one who is uninformed, or is unaware of a subject or fact)? Those darn appraisers and appraisals have always taken too much time. The more loans, the more money Fannie makes.

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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. 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.