Housing Wire

MAY 9, 2022

a direct-to-consumer mortgage lender acquired by Guaranteed Rate in February 2021 , is planning a workforce reduction amid higher mortgage rates and lower refinance volumes. The layoffs affect mainly mortgage consultants, specialists, and assistants, but it targets underwriting and closing professionals.

Human Resources 369

Human Resources Lending Retail Mortgage 369

Housing Wire

MAY 2, 2022

Six months ago Interfirst Mortgage Co. The workforce reduction is also focused on mortgage loan production. The lender is scheduled to lay off 26 processors, 20 originators, and 15 mortgage account executives in junior and specialist job positions. Presented by: Acra Lending.

Human Resources 349

Human Resources Loan Officers Retail Training 349

Housing Wire

DECEMBER 16, 2021

Interfirst Mortgage , the retail mortgage business he founded in 2001, had grown to $14.5 The lender originated $10 billion in mortgages in 2013, $5 billion in 2014, $3 billion in 2015 and just $2 billion in 2016 before shutting down altogether in 2017. In 2012, Dmitry Godin was seemingly on top of the world.

Mortgage 340

Mortgage Loan Officers Retail Training 340

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 333

Marketing Loan Officers Business Mortgage 333

Housing Wire

OCTOBER 14, 2022

Mortgage professionals are no exception – whether you find yourself tweeting for work or in your free time, you may also want to follow accounts for people and organizations that are relevant to the industry in order to stay up-to-date on the latest news about the housing market. real estate research firm, in 2001.

Housing Market 436

Housing Market Marketing Real Estate Finance 436

Housing Wire

AUGUST 30, 2022

Nor can we ever have a credit sales boom again with lending standards back to normal. Total Inventory had been growing from 2001-2005; total listings data in 2005 was at the higher historical range of 2.5 However, we haven’t had a credit sales boom like the one we saw from 2002-2005. million listings.

Inventory 381

Inventory New Listings Law Housing Market 381

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. Hey Clayton …” and a link.

Real Estate 319

Real Estate Brokerage Real Estate Agent Technology 319

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 382

Mortgage Construction Lending Real Estate 382

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

OCTOBER 27, 2021

Clear Capital then announced the expansion of its valuation offerings to lenders by making ClearAVM available through the Ellie Mae® Digital Lending Platform, providing loan originators with the ability to develop a well-informed estimate of the property value before loan closing. Media Contact: Ross Stevens. 803-549-7529.

Valuation 69

Valuation Real Estate Technology Tools 69

Appraisal Today

JUNE 10, 2022

The Inevitable Cyclicality of Mortgage Lending. NOTE: Please scroll down to read the other topics in this long blog post on declining mortgage loans, real estate market, unusual homes, mortgage origination stats, etc. ==. Breaking Down the Multi-Decade Lows in Mortgage Applications – Lowest in 22 years.

Appraisal 52

Appraisal Contracts Business Mortgage 52

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. Mortgage Lending In Q4 Hit Lowest Point Since 2014 Refinance mortgage originations hit low point this century.

Appraisal 52

Appraisal Contracts Inspection Clients 52

Appraisal Today

OCTOBER 28, 2022

NOTE: Please scroll down to read the other topics in this long blog post on real estate market, mortgage forecast, Halloween haunted homes, unusual homes, mortgage origination stats, etc. A Terrible, Horrible, No Good, Very Bad Forecast For The Mortgage Industry. But purchase money lending will slip as well, by 3% to $1.53

Appraisal 52

Appraisal Contracts Mortgage Valuation 52

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. How hybrid title and valuations help increase lending efficiency. It’s also a selling point to your potential lending clients.

Marketing 412

Marketing Technology Lending Business 412

Appraisal Today

OCTOBER 7, 2022

NOTE: Please scroll down to read the other topics in this long blog post on Fannie Mae, Real estate market, Disbility, Redlining, unusual homes, mortgage origination stats, etc. =. Excerpts: Year Built: 2001. faces high mortgage rates and an uncertain economy. Mortgage applications decreased 14.2 Lot Size: 0.06

Appraisal 52

Appraisal Contracts Architecture Housing Market 52

Housing Wire

AUGUST 23, 2021

If we’ve learned anything in the past year, it’s that operational flexibility and accurate servicing valuation are key to lending profitability. ” Founded in 2001, LRES is among the largest players in the REO asset management and property valuations landscape. The report found that mortgage servicers have been flooded with calls.

Valuation 265

Valuation Property Taxes Property Management Real Estate 265

Clear Capital

MARCH 27, 2024

ClearAVM is often leveraged in mortgage underwriting and servicing to make lending decisions, but single-family residential (SFR) investors, asset managers and property managers need to assess many of the same elements and potential risks. It is able to confidently predict values on nearly every residential property in the U.S.

Investors 69

Investors Investing Valuation Real Estate 69

Appraisal Today

SEPTEMBER 29, 2023

NOTE: Please scroll down to read the other topics in this long blog post on non-lender appraisals, VA, flood and fires no insurance, retirement, few lender appraisals, unusual homes, mortgage origination $22M Modern Mansion on 130 Acres in Napa Has Its Own Cabernet Vineyard Excerpts: 6 bedrooms, 6.5+ The GSEs started keeping track in 71.

Insurance 82

Insurance Appraisal Contracts Mortgage 82

Clear Capital

JUNE 28, 2022

Desktop Appraisal – A GSE-compliant 1004 Desktop and 70D residential appraisal that quickly delivers a reliable opinion of value for purchase lending. Collateral Desktop Analysis (CDA ® ) – An industry-leading comprehensive appraisal review and analysis by a state-licensed appraiser for any period of time. 949-280-4704. ###.

Valuation 69

Valuation Modernization Real Estate Investors 69

Housing Wire

APRIL 13, 2022

But that engine could stall if action isn’t taken to increase the supply of affordable housing and expand opportunities for lending to underserved families. in 2001 to 44.8% The need for change in current mortgage underwriting guidelines. The mortgage market is not effectively addressing underserved population groups.

Insurance 368

Insurance Construction Government Lending 368

Appraisal Today

DECEMBER 9, 2022

This strategy often backfires because parties involved in the lending process cannot find the specific information they are looking for in the report. NOTE: Please scroll down to read the other topics in this long blog post on retirement, classes, adjustments, real estate market, unusual homes, mortgage origination stats, etc.

Appraisal 52

Appraisal Contracts Business Mortgage 52