Housing Wire

FEBRUARY 7, 2023

Legacy, headquartered in Albuquerque, New Mexico, was founded in 2002 and purchased by its CEO Jack Thompson in 2006. The company has 39 active loan officers across its retail branches, according to Modex data. By joining Guild, Legacy loan officers can offer additional mortgage products and specialized loan programs. “The

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Appraisal Buzz

MAY 17, 2021

This left the appraiser wide-open to being a target of “a series of errors” that affected the credibility of the valuation results. Between 2002-2005 in many markets, the real estate market was scorching, much like it is today. Some appraisers are reticent to address increasing trends now. We are seeing that as a profession again.

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Appraisal Today

AUGUST 13, 2023

In valuation we can either go out further in distance for comps or go back in time in the immediate neighborhood. Rates increased for all loan types in our survey, with the 30-year fixed mortgage rate increasing to 7.09 percent, the highest rate since 2002. Why are appraisers using older sales?

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Appraisal Today

MAY 12, 2023

Fannie Mae will end up creating more instability for the trillions in the bond market – investors will have to process millions of valuations with the physical attributes of the home collected by unlicensed, uninsured, and unprepared individuals getting paid $10-$25 per inspection. His homes are as unique as he was,” says Heinrich. “He

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